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The hype - Tim Steiner at the Ocado reimagined tech launch in 2022 "We expect that the improved economics offered by Ocado Re:Imagined will drive incremental orders and accelerate the sign-up of new partnerships in the years to come."
The reality - Over the last year Ocado Solutions has received no new automated CFC orders.
Ocados key problem is that it's tech isn't being sold. There have been no new automated CFC orders in the last year for Ocado Solutions. As this continues competitors are making inroads. Shorting Ocado remajns the straightforward position to take.
Absolutely. This is an Ocado discussion board though so we all share here how world events effect the Ocado share price. Plenty other boards out there for politics, world peace etc..
Fair play Stupmy, You're not the first to filter me out. Most vehemently disagree with any shorts on this board.
If you dig deeper there's many negative issues within this company. Has been straight forward to capitalise on them and go short.
Lol, it's the same issues, which are unresolved, at play here. Of course others prefer to chase pipe dreams of a US listing, a takeover but this slide has been so foreseeable given the issues within the company currently.
Obvious to be short currently. Overcapacity at Ocado retail. New deals very thin on the ground for Ocado solutions. Cash spend eating into reserves. Kroger and M&S ongoing pause in commissioning new cfcs. Possible legal dispute with key partner M&S..