Member Info for Rocka999

A ridiculous price although some would say the management only have themselves to blame, we await the details !

Now is the ideal time to stablise this!

Looking for buyers, must be a large sell order in the background?

Early days, stop panicking Ledj And yes Hool I have no trouble reading your misleading posts, especially last week !

If "Autostore" have put together 130 installations in 22 countries why do you think there will only be one deal ?

Would you say that 4M trade was a buy ?

No Ledj I'm never wrong, ask Hool :)

No good trying to convince a short, they only have one agenda and that's to see the company fail, nothing more nothing less

Nothing surprising, we'll just have to see how low it gets

As I've posted a few times now nothing was going to happen until Andover opened which leaves the management nowhere to hide!

Could do with a date regards RCN, we can start moving forward then..........

Ocado is courting international supermarkets to buy its proprietary infrastructure equipment and software so they can develop their own online grocery operations. Its confidence in getting multiple agreements in the medium term "remains undiminished" Chief Financial Officer Duncan Tatton-Brown said. He pointed to last month's start of operations at its "customer fulfilment" centre at Andover, in southern England, which uses Ocado's most advanced equipment and software which should help in negotiations with potential partners. "Yes, it's taken some time but this isn't a sprint, this is a marathon, and we're quite confident that the new facility opening is helpful," he told reporters after Ocado gave an update on fourth quarter sales. "Without doubt ... it would be easier to talk to retailers about what we do when we can demonstrate a live facility using the new technology that we've talked about," he said. "It makes it easier when you can see what you're buying."

Did a dummy buy earlier and got quoted 2p for 200,000

Didn't think this would get any lower, don't want to risk another top up just yet though

Thanks for the post

And he appears! Is it safe to come out now? Nothing about your misleading posts last week regards Morrisons?

Does this comment remind anyone of a certain poster on here ? "It's better to admit now rather than just disappear for a week or two as most do on here, before re-emerging when the dust has settled" He hasn't posted since last week if you want a clue ? Maybe they're waiting for the dust to settle before they make an appearance!

Online grocer Ocado will update the market on trading in its fourth quarter next week amid a backdrop of a supermarket price war the looming threat of AmazonFresh. City analysts expect another solid period following its third quarter, which saw a 15.4% rise in gross sales to £314 million, with retail sales up 13.6% at £286.4 million. Andrew Wade, analyst at Numis, said: "Looking ahead to the fourth quarter, we expect similar trends to play out, with strong order growth but basket size continuing to decline, and look for retail sales growth of plus-13%." In a sign of the toll taken by the ongoing price war, Ocado revealed in September that its average order size was down 3.4% at £107.94. The price war, sparked by the rise of German duo Aldi and Lidl, has engulfed the sector and has seen all of the so-called Big Four supermarkets - Tesco, Sainsbury's, Asda and Morrisons - come under pressure. Ocado has not been immune, and chief executive Tim Steiner cautioned over the group's profit margins in the last trading update. Mr Steiner said: "As the market remains very competitive, we are seeing sustained and continuing margin pressure and there is nothing to suggest that this will change in the short term." The group is also facing pressure from the recent launch of Amazon's rival fresh food service. Ocado's shares plunged to a three-year low in June after the arrival of AmazonFresh, although the stock has since recovered. But Mr Wade added: "There seemed to have been no noticeable impact from the nascent Amazon Fresh operation, something we believe has continued to be the case." The City is still awaiting details of an international deal for Ocado. The group had originally said it hoped to strike a deal by the end of last year.

There was some big news recently although you may not have been aware unless you trawl through endless bits of information like moi that Autostore owned by that famous Norwegian company Hatteland has recently been sold to some venture capitalists. So what I hear some say, whats that got to do with Ocado !? Well Ocado built it's "Hive" or modular warehouse based on a design of Autostore at Hatfield which Hatteland then challenged regards patent infringement last year although to my knowledge nothing came of it. Hatteland didn't want any collaboration with Ocado so Tim and the guys went their own way after it went silent. The timing of the sale is quite interesting in that Ocado as well all know and love have recently opened their modular warehouse in Andover which I call the "Showroom". Now it may be coincidence, it may be something, it may be nothing but the timing of "Autostores" sale so soon after Ocado's new warehouse opens in my opinion is very telling. From what I know and have seen Ocado's new modular warehouse is much superior to Hattelands "Autostore". If you were to ask me which one would I buy it would be Ocado's "Hive" but then again I am bias being a long time shareholder. Autostore is no longer unique in the marketplace nor is it the leader in my IMO, I believe Jakob Hatteland has forseen this and has cashed in his chips early. Hatteland currently have 130 installations in 22 countries which gives you some scope to what Ocado should be striving for. Ocado have done the hard bit in that they pick and deliver groceries which is probably the biggest challenge you could undertake. Now they need to turn that advantage into deals, I'm sure that the technology could be used for more than a loaf of bread and a tin of beans which has been intimated.

I bought another £5K worth this morning which is showing as a sell, wish they would get this sorted out