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Good article posted today regards Ocado although too much to post on here

Behavioral patterns which have changed recently due to COVID-19 will stick and see a progression to online shopping

Ocado's CFC's achieve profitability at 90-95% capacity and we know they're currently operating at 100% now and for the forseeable future

Bouncing back nicely, shows it has a promising future imo

Nearly tempted to sell some yesterday but held off, no movement on the shorts front plus there's more likelihood of further deals now thanks to the pandemic

I was trying to work out what Paul Greenhalgh had lost here in the time invested before he bailed out last week , it must have been something like £120,000 plus or more, must have been very depressing watching it shrink week by week until he got out with circa £20,000

All a bit of a riddle if you ask me ?

Those funds still in must be feeling nervous at this level, wouldn't be surprised if they started closing now and pushing this up further

This is the future and dont let anyone tell you different

Just looked for a slot in Derbyshire at an old address I used to use and there's nothing doing for the next 3 days

In an unfortunate way I believe COVID-19 has focused minds onto the merits of online shopping, I'd imagine grocers around the globe will be looking at the best solutions out there once again and taking careful note. The UK grocers here have found their resilience somewhat lacking and it was unfortunate for Ocado that they didn't have the capacity to cope with the demand, the Andover CFC was sorely missed and there's no getting away from it. The other supermarkets didnt fare very well in the ensuing melee either so they've nothing to crow about...

Like anyone else in retail right now we're probably looking at a 3 month lock down in reality which is a whole quarters trading gone, MDZ will never get this back, anyone low on cash will not survive the crisis I'm afraid as there's not enough money swilling about despite all the governments help.

I was never clear on why the seller got invested in the first place, sucked in by the hype which comes off a conveyor belt here at speed ! Looking back to his investment I can see that there were two large contract wins at that point just announced (plus a placing as usual)

So 29th July 2013 - holdings RNS announcing Paul Greenhalgh has 62,000 million shares at about 0.20 per share, roll on a few years and he's bailed out at circa .02 per share so a 90% loss in the vain hope there's a glimmer of light down the tunnel which there never was ?

The million dollar question is why sell now at such a huge loss when our resident ramper claims that good times at just around the corner, these investors have the inside knowledge !

https://www.investorschronicle.co.uk/comment/2020/04/08/ocado-s-trolley-dash/

No requirement to make offers or price cuts so margins will be enhanced plus working at capacity ROI is being fully utilised plus growth into the future as shoppers will stick with online ordering, its a win win all over imo, this will require further investments in infrastructure here and abroad leading to more licensing deals globally as the sea change continues from the old channels to the new :)

Web traffic 100 times higher than normal
Enquiries up 500% at contact centre
800,000 active accounts placing at least one order every week
Average order sizes have grown more than 50% meaning fewer orders can be picked and transported

“We have delivered more food than ever, despite the levels of staff absence all businesses are currently experiencing,”

demand is “several times our current capacity”, and that even running warehouses 24 hours a day and seven days a week – with new colleagues to support – Ocado cannot deliver to more than 250,000 homes in any given week.

“No matter how hard we work, we simply do not have the capacity right now to meet all the demand we are seeing from existing customers, let alone new ones,” it added.

Ocado also said that Smart Pass holders can either get a refund or donate the equivalent fee to food bank charities if they did not receive their order in March.

No slots available for the next 3 days, I note Iceland have started delivering again and not a bad service either although limited choice

It's definitely a strong buy in the current circumstances, just look at all the additional footfall recently, only a fool wouldnt buy into this ?

In the real world and with no cash reserves its thank you and good night..........

Still no slots available for me

I still find it difficult to believe that someone is buying here in the forlorn hope there will be a recovery or something, bottom fishing doesn't apply here as it's not at the bottom yet. When it hits zero you will understand !

Ocado has never traded on fundamentals which is were the shorts come a cropper

Where's the company going you should ask - not where's its been

I bought in at 33p and looking for a marked increase on that in the short term

Plenty of support in the current circumstances for business but the end game here hasn't changed at all. More and more companies are building their online operations which has now accelerated the process, the days of the brick and morat shopper are looking bleak

Where's riddler btw ?

Well said DDClow and congrats on your first post

Ocado will come out of this with a very bright future imo

Stay safe all...............