Member Info for Rocka999

Great to see there are still some investors here trying to defend the company, never get emotionally attached, one of the golden rules of investing, also stay away from the phone when ****ed ! �30M black hole but all is well nothing to see here eh, big dilution on the cards, at least we may get paid then when there�s some cash in the coffers, I�ll let you all know when the BACS payment comes through

Which is what jl5006? Please enlighten us all !? I see you have some typo issues also......... I've never gone short on any company if that what you're inferring and I'm not invested here either No my gripes are with regards to the �15k in royalties we're still owed by CVR, 6 weeks overdue and no end in sight, who else is still owed money here? I thought it might interest some of the investors here to know about payments being withheld or would you rather I didn't mention it so you can sleep better tonight ?

There's time yet......

I think if you do a little more research on Walmart say, you'll see they're rapidly expanding their online operations in the US before they get left behind, Amazon has stolen a march on them with the purchase of Whole Foods last year. 40% of US shoppers will be able to get deliveries in 100 metro areas by the end of 2018. They're still using in house pickers pr personal shoppers if you like which increases costs significantly as demand increases on the dark stores, they'd be far better having a word with Ocado ! China would be a good move due to the population density as you say, the number one market imo !

Just to pick up on your points that you raised notgreedy, Ocado has made a profit in the past, there have only been 2 fund raisers from memory, margins in the grocery sector are tight and always will be, once the tech side is bedded in globally we'll see a large increase in the margins for this side of the business as more and more customers shop online, those without an online presence will fall by the wayside. IGD analysis :- �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. ------->>>> (I believe this part is BS, it won't make a difference) �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.�

Its the no profit bit? Are you saying they've never made a profit ??? Can you name another company that has tech parallel to Ocado's ? The only similar set up is Autostore which has its disadvantages as I've posted on previous occasions. Amazon has its own robots but do not utulise them for groceries. Regular RI's? dates please? I do agree there has to be a return on investment eventually but we're still years away from any sizeable returns yet 5-10 years I believe. My holding has done very well though in the mean time. Any start up has to have a concept and business plan, I've got an idea for where I live and the local mayor agrees its a great idea, the thought of borrowing millions though to achieve this concept is a little frightening !

I have dealings with this company directly and I can assure you all they're a shambles, I'm not surprised in the least by the �30M black hole which has suddenly emerged in the accounts, what else is there? A change of management is needed urgently, the current model isn't working which has now been laid bare for all to see. The company won't go under but there has to be changes and drastic ones at that

Notgreedy, you seem a little bit vague on the profit question, are you saying Ocado have never made a profit or ? They have never paid a divi as they reinvest back into the business which is why it grows year on year, now they're operating outside of the UK it would only be right to raise more funds for further expansion abroad wouldn't it? The debt to equity ratio is high but as the return on equity is constantly improving Ocado can afford to borrow more which they need to do as they grow. If there was a downturn in trade I'd be worried but I've been here for 6 years now and I'm not concerned as the company continues to outperform it rivals. It was a long term hold for me and still is, nothing has changed. I did post some years ago that there is a sea change in retail overall and we've seen it recently with Toy's R US going under and also Maplins now in trouble, there's been many more before that on the high street. Shoppers are going more and more online for stuff now and food will be no different. High streets look like ghost towns now, banks are disappearing, pubs, post offices and estate agents will be next !! Supermarkets like Tesco have opened up shops in stores now to get us out more but it won't make any difference in the long term, people just want the convenience of a home delivery and when Ocado can deliver your food quicker and cheaper than you can go and get it yourself then its a no brainer. If I was retailer right now I'd be very worried regards the advent of Wish.Com, if you've never used it have a look, thank god they don't do food deliveries!

I see the date has changed !

Shorts are on the increase, they will be at this price for now until another deal comes along

Something the technology team are currently looking at as well as there own in house solution, nice clip with the apples https://www.wsj.com/articles/robots-are-learning-to-handle-with-care-1520820240?mod=searchresults&page=1&pos=1

Some one at the top must be earmarked for the blame, may see a directorate change in the near future ?

Creeping back to its high, didn't this hit 90p at one point ?

Must be bad news regards the compensation, so what we know for sure is that the claim will be somewhere between �10,000 and �500,000 and no more than that

An unbelievable error on their part

What going on here I wonder?

On fundamentals he was very knowledgeable, when he was talking regards the wage bill and not realising Ocado staff drove the Morrisons vans hence the large wage bill his credibility went out the window! Roll on �7 ! (Did i just say that) ?

Not wishing to rub it in but a certain person (name ryhmes with fool) posted this Jan 2017 " Where's Rocka 576? " Well I can tell you I'm right here and still posting and have not disappeared from sight unlike some and I have faith in Ocado and what it trying to achieve, this guys prediction based on fundamentals is laughable now, �1.50 it was for the record, he hasn't posted since btw. Excuse me all for gloating :) Onwards and upwards !

http://www.dailymail.co.uk/health/article-5473025/Ocado-supermarket-sell-cannabis-infused-water.html

Not sure why this is dropping, the last trading update okay, nothing great but in line with expectations