Member Info for Rocka999

http://www.express.co.uk/finance/city/826808/Ocado-share-price-half-year-results-2017-growth

I've usually found that the shortys get their fingers burned here on the back of a squeeze, we're patiently waiting for the next one.......

There's a turn up

No offence taken, I'm sure I could write a book on what I've posted on here over the last 5 years ! I'd imagine as the two new CFC's get ramped up parts of Hatfield will be mothballed accordingly and orders transferred to both Andover and Erith, they could also upgrade Hatfield if demand increases significantly! The savings are there on both staff and efficiency regards Andover but having perishable goods sat there without a great deal of orders coming in wouldn't be a wise move, there has to be a gradual transition. I'm sure some of the staff read this BB so we may get further insight yet.

Nice one Soletrader, I can write a piece if needs be, sometimes it's just easier to paste the link on here for others to read and make their own decisions. The SP is heading down again as the anticipated first non UK deal has now been signed, (look at the surge in price prior to the announcement) plus the Amazon takeover talk has subsided and investors are losing interest once again. I topped us at £2.45 and sold at £3.07 (could have done better) but there you go, catch those swings! I'd say, as you can probably guess for yourself, that it's got a bit further to sink yet unless there's further news on the horizon such as another non UK deal which were told there might be! Why isn't Anover working at full capacity as yet? Because there isn't the demand currently for orders to be fulfilled relative to the stock levels, stock is being move from another CFC to Andover to fulfill the sales generated currently. The transition could be a while longer yet, how long is anyone's guess ? Rumour has it that Walmart have recently visited Andover (I repeat a RUMOUR) and if correct could be the game changer, maybe someone who works at Ocado and reads this BB could tip us the wink to verify or not? Amazons purchase of Whole Foods has rocked the grocery market worldwide and that leads other grocers to look at their own archaic solutions, this is where Ocado comes in. Don't knock the BOTS btw, they work 24/7 for nothing once you invested heavily of course on CAPEX !

http://www.telegraph.co.uk/business/2017/07/06/ocado-must-deliver-pressure-mounts-justify-shareholders-faith/ Nice article but they just don't get it

https://retailanalysis.igd.com/retailers/morrisons/news-article/t/morrisons-launches-online-delivery-from-stores/i/17110

Strange trade just popped out of the woodwork then...

Starting to show some movement today, could be a cracking investment in the next 2 years

Another good set of results and will only get better

Gresham Technologies has announced a 'significant contract in the strategically important North American market'. Gresham said that one of North America's largest financial services groups had selected Clareti Transaction Control for an enterprise scale deployment. It said the initial deployment would be to provide ongoing data integrity assurance for complex regulatory reporting requirements. In addition, the solution would replace existing manually intensive reconciliation and control processes in the customer's securities division. It said the customer would also deploy Clareti Analytics to provide deeper management insight into its data control operations. Gresham said the minimum contracted value was £1.4m over the initial five year term, with additional licence growth and services revenues expected as the technology was deployed further in the customer's group.

Two large buys showing now from last week, I'm assuming they're buys!

Frustrating but a long term investment for me so patience will have its rewards, had a few top ups here and there but like today the price goes lower so the question is where's the bottom, can't get a feel for it yet unfortunately

It will be another 12 months before this settles down, the investigation by the FCA appears to be taking an eternity, not sure why as it's not that big a company !?

And progress there is, a great start imo

https://www.theguardian.com/business/2017/jun/27/ocados-self-drive-vehicle-makes-deliveries-in-first-uk-trials

So Kestrel out slightly but Liontrust in big time :)

Just when you think it can't get any lower................................

There has to be progress, there's nowhere else for this to go......

http://www.chroniclelive.co.uk/business/business-news/robotics-firm-tharsus-provides-horsepower-13229763