The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Every chance Autostore tech is rolled out further by Amazon.
As to the rumoured bid. I'd take all that with more than a pinch of salt. Many vested interests at work manufacturing supposed bid interest in order to capitalise on the associated market movements.
Lol, I can't see into the future yet. I'm not Mystic Meg but I have carried out extensive research on Ocado over a 10+ year period. Over the last 2 years major flaws within Ocado have grown. I positioned myself to profit from my research.
As always DYOR. That way everyone becomes more enlightened and less swayed by others.
Best to all.
That's your research. My research points to bearish signs re the Kroger relationship
Best of luck. We disagree, that's fine, it's a discussion board. Meanwhile in other news shorts profits increase as Ocado shares slip further.
That's the possible bull case re that scenario. Personally I believe a bearish case is more plausible. Elements of the below..
Kroger reassessing their tech plans re Ocado in the light of the failed spokes. That Kroger now plan on building out a smaller Ocado network. Planning to build out their contracted CFCs but little more. Kroger looking at utilising their other online delivery partners more.
Shorts are massing for obvious reasons. Lack of significant new contracts. 2 main CFC contracts pausing ordering new CFCs for the foreseeable. Meanwhile losses still high. Overcapacity at Ocado retail crimping profit etc.
As ever though DYOR...
Ocado could as always move higher sharply at any point on news of a big contract win or similar.
Looking however at the slowing of the new contract sign ups, the issues within their current major contracts it points to me that demand for their tech is slowing considerably. Costs are ramping up, without new CFC orders the equation starts to break down heavily to the negative side. Large losses are still being reported currently.
Holding optimistically, hoping for upside is a common trait amongst longs of this share. So much value has been presented as the cracks have appeared. Still more value for shorts here IMO.
PI,
The information I have provided on CFCs is factual. I have been posting my bearish findings re Ocado on this board for 2 years since I uncovered flaws within the company via my research. Posting on the board is useful as I can then discuss the issues with other informed posters. So much dross posted on here without any thought/research behind it but there's also some enlightened posters who it's useful to engage with to sharpen my outlook/findings re the company.
The same flaws I have previously outlined are still there for informed investors to see.
Short currently is an obvious position to take re this company, as it has been over the last 2 years.
Had the short in place since £9.76 so no not feeling the heat. Took profits when it hit the low £5s but still have a short position in place. Never possible to time things perfectly but happy with how things have gone. Small blips upwards for Ocado but I still believe the downwards retracement will continue over time.
PI, you just repeat the same rampings. I'll stay around, always interested in the value Ocado gives.
There is very little talk in this board re the 2 largest Ocado Solutions contracts having extended paused re commissioning new CFCs. The very slow sign up of new CFC customers. The large overcapacity at Ocado retail crimping profitability. Etc etc
But there we go. It's been plain to see over the last 2 years for me. The value has been there re the downside and it has been very profitable. Follow the value, DYOR.