Member Info for Sangijuelas1

The Solutions revenue is projected to be £500m this year.

That's what you use to value it at a multiple of 8 as per Autostore, which is marked down due to declining sales whereas Solutions grew 44% last year and is projected up to 20% this year

Would you normally go to the store yourself to get it if it wasn't delivered?

no it's run by co-op. the staff openly say what ******s they are

Not to mention that you have to leave if they get raided by the local teenagers!

One thing that makes me chuckle is local Co-op supermarket. Reasonably large for a Co-op. Typically has a handful of customers in the evening with staff running around packing small orders for Amazon and Uber delivery.

Now I am pretty sure that quite a few of these orders come from people that would have gone in person to buy if delivery wasn't available.

So kinda defeats the object of the benefits of online ordering and delivery and the costs of running a store. I mean staff stack the shelves to then go back and start picking items for online orders that most of the customers would have come in and picked themselves.

Meanwhile they have water dripping through the ceiling being collected in containers in the middle of the floor and freezers that break down regularly so there's no ice cream.

Well your comments have prompted me to take a closer look at Ocado's data analysis capabilities.

Not an area I have viewed as a standout feature of their proposition. Although I see the actual data itself as pretty valuable.

what i am saying theorn is there are a lot of tech companies that offer services to businesses to p**** their data and use it more effectively. you can build an effective preference system pretty quickly for example, so what is ocado doing with ai that sets them apart?

If you want to get customers you need to give incentives.

Banks are paying me up to £200 to switch my current account. Which I do every 6 months or so.

Others won't bother to keep switching and will stay.

So have JPM raised their price target based on the MKS positive expectations for the future of Ocado Retail or the expected uplift in the London market as investors turn from the overpriced US market towards unloved London stocks?

While I am not as strongly convinced as you are Theorn about Ocado's strength and defensive moat in this area (I would need to see a bit more independent evidence rather than company claims) it is true that they are working very closely with Kroger on their online strategy using such analytics.

They are primarily going after Getirs clients in London for the Zoom service.

They wouldn't have paid much.

JP Morgan literally put it down to 350 a couple of weeks ago.

While I agree with some of your post (the value of Ocado customer data is overlooked especially with the upcoming phasing out of data from cookies) it is not clear to me why the Ocado Smart Platform features for marketing and promotions is still not available within the Ocado Retail set up. Something MKS were complaining about the other day.

It seems like it is available to Kroger.

Could be to do with the complexity of migrating the oldest Ocado customer system onto the new one. Always a tricky proposition

Note at the bottom of this article also recent industrial relations issues at Amazon and Asda warehouses, with workers looking to get pay raises amidst a shortage of warehouse staff.

Bring on the robots!

https://www.theguardian.com/business/article/2024/may/23/morrisons-workers-strike-at-two-warehouses-over-pensions-row

Seems like shorts only like to push it so far and then hope for downward momentum to come from elsewhere.

Like if it's at say 350 they will sell it down to 335 but then they seem to stop. Maybe they don't like selling under the low price point.

They were always going to take some profit to give them more ammo to rinse and repeat.

I get that you believe you are some kind of oracle and seem to be extremely averse to alternative views.

Enjoy the comfort of your certainty. It must be nice to be so sure of yourself!

And they can also just want to take profit

Because news of bid interest could come out over the weekend

Shorts will trim ahead of long weekend

The brand value of Ocado Retail is the Ocado brand. They stock MKS products as they do with other brands.

They are easy enough to find once you go on the Ocado website