Member Info for Rocka999

Morrisons have a wholesale supply agreement with Amazon, not sure how Amazon managed to run out of milk last week, shocking !

I always thought Waitrose was Ocado's first partner, factually incorrect once more Hool tut tut, at least I'm here to post the correct information, you couldn't even get the date of the interims right last week which is stated on the financial diary for all to see, did you lose your specs again ? The Waitrose agreement runs until 2020 with a break clause in 2017 for those who haven't done any research like some posters on here. They tend to waffle on if you let them ! The word is Waitrose will be happy to carry on with the agreement until 2020 The Morrisons agreement runs for 25 years and is currently under review regards the Erith CFC and online deliveries from stores in the middle of nowhere ! The Amazon deal now gives Morrisons some leverage, but you play with fire you get burnt as we may see in the coming years.

I've posted before I don't think there will be any international deal until Andover is up and running, sounds like we're now on the cusp

You'll have to forgive Hool he takes it personally bless him, I'd wait it out for an entry it could go lower yet next week

You always know you've won the argument when the insults and negativity start

This comment was by Brooke Masters of the Financial Times for the record, I have no access to Ocado's online offering as yet and I don't own any shares in the FT (disclaimer)

But the contrast between the blips with Fresh and the efficiency of Amazon’s other services is marked. It helps explain why Fresh has rolled out so slowly — nine years after the first pilot in Seattle, Fresh is only available in selected parts of six other cities, including London. Still, one should never count Amazon out. The company has the time, patience and money to succeed if it wants to. Consultants at Cowen & Company predict that Amazon will became a top 10 food and beverage retailer in the US by 2019, driven by 60 per cent year-on-year growth in sales to Prime customers. For now, I’m not going to be one of them.

I have been a satisfied Amazon customer for more than a decade, and I have been paying the annual fee for the Prime delivery and video service for nearly that long. I am also a dedicated online grocery shopper. I loathe the big supermarket near my house, so I pay a monthly subscription fee to the UK’s Ocado service and have been getting two food deliveries a week for more than five years. This week, my loyalties collided as Amazon launched its “Fresh” grocery delivery services in central London. Much as I rely on Ocado, I do not love it. Perhaps Amazon could do better. Clearly it was time to run a beauty contest to see which delivery service should get the Masters family mandate. Ordering on Ocado was much easier, partly down to familiarity: Ocado’s algorithms know what I like — when I type in beans, my preferred “family sized” package of green beans appears as the first option followed by the canned kidney beans I buy for making chilli. Amazon Fresh just put up a mixed list of various types of beans. The Amazon website had other, deeper flaws. When I typed in “farmhouse bread” it defaulted to the regular Amazon site and offered me a “farmhouse” cookbook and a rustic looking wooden bread basket. Only after I located and ticked a special box saying Fresh did the white bread I was seeking appear. Amazon did have some lovely high-end options: a topside roast beef from Prince Charles’s Highgrove estate (£20 per kg) and lemon chiffon cake from the snazzy Konditor & Cook bakery (£28). But both were out of my price range. Prices for ordinary items were competitive, keeping in mind that Ocado already has a reputation for being at the high end. Amy’s brand organic soups were £1.70 on both sites; Andrex toilet paper was also the same although Ocado said the £3.50 for nine rolls was a special offer and Amazon did not. Ocado had seven Gala apples for £1.40 while Amazon had five for £1. Both companies emailed and texted to confirm the deliveries, and the trucks arrived on time. Amazon’s order came in paper bags, Ocado used plastic. Both drivers offered to take the bags away again. Each company provided fresh, unbruised fruit with reasonable expiration dates as well as ice cream that was reassuringly frozen. But Amazon had one key flaw. In between placing my order and clicking OK for the credit card, four of the 16 items went out of stock. Chocolate cake is forgivable, but how can any self-respecting grocery store run out of skimmed milk? Even worse, there were so many problematic items and they were so poorly flagged up that I failed to realise that broccoli was unavailable. The driver also did not bring a paper receipt, making it even harder to check for missing items. So now we have no veg for dinner and I am seriously irked. My experience may just be due to teething pains with a new delivery service. But the contrast between the blips w

https://next.ft.com/content/7619fc30-2ef0-11e6-bf8d-26294ad519fc

I don't think anyone's going to write off Amazon, they're going to pick up market share come what may no matter how poor their set up is! We don't have to guess dates as we know the interims are coming up on 28th June and with it I expect an update as to progress in various areas. I'm not going to assume anything at this stage but await the RNS with interest.

I've had to watch that news clip again because I still can't believe what I'm seeing, Ocado has zero to worry about if that's all Amazon can come up with. I thought they were innovaters, they're just copying a tired old format, no wonder there offering in the US is hit and miss. One spotty kid with a hand held scanner versus Ocado's cutting edge robots is no competiton in my book.

If that was Amazons tech on the BBC news just now it was laughable, one kid with a handheld scanner collecting milk and butter off a shelf, surely that's not what they've come up with!

Here's one out of the woodwork, where's the rest?

29th June methinks or about that

http://uk.businessinsider.com/ocado-faces-problems-as-amazonfresh-launches-in-london-2016-6 I hope major tax dodgers like Amazon have factored in the tax contributions they will now have to pay, must be a shock to their system having to stump up some of their profits to the UK goverment now instead of moving it through Luxembourg ! The guy that set up the tax avoidance scheme is now running Europe, who says crooks don't get away with it, so congratualtions Claude Juncker and the sooner we're out of Europe the better

Where's all the doom mongers this morning, thought the shorts would be out in force this morning with the great launch of Amazonfresh in London !? I've posted a link for your attention ! http://uk.reuters.com/article/uk-amazon-britain-grocery-idUKKCN0YV09K

I see they want delivery drivers now at Andover so shouldn't be long before the sheds open, the first advert was posted 2 weeks ago

Ocado is a popular short with long short funds. It trades on a P/E of over 100x and does not have significant market share at present. Dan Abrahams likes self-reinforcing virtuous circle business models. Over the last 30 years supermarkets grew at 22% per year. Ocado can experience the same kind of growth. They already have the leading customer proposition in the British grocery sector. Over 50% of people order their groceries from Ocado using a smart phone. It takes on average about 3 minutes to make the order. Ocado offers a price guarantee to customers and delivers the shopping directly to their door. In terms of freshness Ocado has the shortest supply chain. It can get the food from the farm to customer’s house quicker than a supermarket. It offers twice as much choice as the largest supermarket. It does all this with industry leading margins. Can Ocado’s model be replicated? Abrahams thinks not because the weekly grocery shop consists of on average 50 items that need to be treated in different ways – frozen, chilled and ambient. The packing needs to be done carefully so as not to squash items. Ocado has adopted a unique approach to picking using automation and robotics. The existing supermarkets have to send workers out to pick individual online orders off the shelves. The inefficiency of their approach means that they make a loss on online orders. Can Ocado compete against Amazon? Amazon is rolling out Amazon Fresh in the US and will probably do the same in the UK soon. The bricks and mortar supermarkets are likely to lose out to Amazon just as books and electronics retailers already have. Amazon’s entry into the food sector is an opportunity for Ocado. Ocado can sell their technology to Amazon. Morrisson’s are already partnering with Ocado. Alfreton Capital’s research indicates that Ocado have the only solution to online grocery shopping. Ocado’s CEO and CFO have large shareholdings in the business so are aligned with other shareholders. Grocery is the largest retail category – double the size of everything else. There is plenty of room for Ocado to grow as customers move online.

Rocka went quiet because Rocka has a day/night job dealing with unruly supermarkets like Morrisons today, tomorrow it will be Sainsburys and ASDA so if I don't respond straight away please forgive me. Ledj you should have got in when the SP was 64p back in 2012, imagine your profit when the SP hit £6, no good saying this has been a terrible investment for yourself, you just didn't get in at the right price, what was your entry price ?

Just for the record guys Tim was seeing that polish model back in 2012 after he'd split with his wife, it's only come to light this year as he wants a divorce from his estranged wife would you believe. This then predates the Morrisons agreement which went without a hitch so all this talk of having his head turned recently due to his new bird is laughable! It's all there in the press if you look, bit of a non event imo. I'm not sure why you're saying they don't reply to your e-mails as they responded to mine last month, they wouldn't give me an opening date for Andover though I take it you guys are in well over your heads looking at the posts, I've always said this share is not for the faint hearted and I meant it, the swings can be frightening either way. I first invested in 2012 so well under the radar even at today's price. The interims aren't far off now so I suspect we're in for some news