Member Info for Rocka999

Not a bad set of results, pity about the profitability which has dampened the SP today. Improvement on this and a reduction in debt should show a marked improvement, looks very undervalued now.

"Back in the UK, all eyes have been on the implications of Sainsbury�s proposed �7.3bn tie-up with Asda - for customers, employees, shareholders and rivals. And, yesterday, analysts at Peel Hunt suggested that Ocado - the online grocery technology provider - might be one of the beneficiaries" "They raised their target share price for Ocado from 570p to 610p, arguing that �the circa-10 per cent price cut on popular products announced by Sainsbury�s post [deal] completion� will further intensify competition and increase the lossmaking potential of [other] online offerings further, pushing the new top three [supermarkets] to focus on securing their traditional offline models. Ocado should take advantage of this distraction.�� A very good point by Peel Hunt, especially with the wafer thin margins in the UK grocery market

Excellent article and thanks for posting, quite right in that this company is currently undervalued, the MCAP should be a lot higher imo

You're quite right, Sainsburys are looking to defend their position against Amazon such as the proposed merger with ASDA to increase food sales and the buyout of Argos/Habitat for non food. I'm really not sure where Sainsburys go after this, I don't think Ocado will be an option for them, Amazon would be a better suitor for Ocado if they ever come to the table for a deal

There's little point shorting IQE, there's not much gain to be had, looking at the iphone unit sales not much joy there either, the increased revenues were very good though for Apple

Another done deal, took sometime sorting but its here now, further confirmation of the OSP

The shorts have retreated somewhat from Ocado, now only circa a third of what they were 2 years ago Doesn't look much change on Sainsbury as yet, only slightly down on previous so not sure whats that telling us

The only competition for Ocado is Amazon which Tim Steiner has alluded to for some time now although we're seeing some of the other grocers are now getting their act together. This proposed merger is confirming the sea changes within the grocery sector so we'll see some churn going on, no doubt some of the stores will be sold off where they overlap despite what's being reported in the press today. On the face of it nothing will really change in the short term but don't expect it to stay that way, it won't make any business sense at all to keep things as they are, the merger will give enhanced buying power for both so suppliers will feel the pinch. Morrisons is now starting to look isolated, maybe be better for them to compete against LIDL/ALDI as a discounter than an all encompassing entity but keep the deals with Ocado and Amazon for online.

No one will be taking over Ocado, the whole retail enviroment is changing day by day because of companies like Ocado

As I predicted we�re starting to see some consolidation in the grocery sector, ASDA looks to be going backwards and will one day disappear altogether if this merger gets the goes ahead whilst Sainsburys will soldier on

UP 22% already

Excellent news...!

Good set of results, don't think the party really starts here just yet though

How long before the sell off do you think, going to take a few years to buy, build and move on

As they say, at least another eleven acquisitions to go! Well here we go....................

PT �1.80 at March 2021, I'm sure I'll be corrected if my calculation is wrong ?

"Joanne Denney-Finch said: �Online will remain the fastest-growing channel over the next five years, but we have lowered our forecast for this part of the market from 2016, as many retailers have also started to refocus their efforts on the in-store experience, which will create additional competition for online. �However, the size of the prize in online still remains huge. We expect to see the �digital native� � those people who have grown up using technology in many aspects of their lives � help to sustain growth in the future, as they carry on shopping online for groceries and potentially convert others to do the same. In the last month, 40% of all British shoppers say they have bought some of their food and groceries online, but looking ahead to the next two to three years, that figure rises to 60% of shoppers who say it�s likely they will shop online.�

http://www.proactiveinvestors.co.uk/companies/news/195146/ocado-s-valuation-still-makes-no-sense-to-ubs-195146.html So UBS appear to have got it wrong along with a few other so called experts over the last 6 years........... IGD forecast that the grocery sector will increase by 15% to 2022 in the UK, online will increase by nearly 54% the discounters by nearly 50% Ocado have the leading solution regards online, LIDL/ALDI have the leading modelsl for discounters so we'll see a further decline of the traditional grocers market share I believe in the coming years.

Well we've finally been paid our royalties albeit 3 months late! When someone posts that payments are not getting processed please listen in future, its a red flag ! I'm sorry about the investors getting screwed here, you've been well and truly misled all the way by the management it seems.

Still up 20% on the week, not a bad result and news still to come yet...........