The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
RP,
Well done re selling at £6. So many issues at Ocado group currently. Well done on seeing the reality instead of just hoping things better. The crowd on here only want to hear positivity. Negative issues pushed under the carpet.
PI_Winner,
Is what I've said false?
"factually pointing out that Ocados Solutions 2 main partnerships have halted commissioning new CFCs for extended periods"
The holders are those who have been squeezed over the last 2 years not the shorts..
No complaints. I'm just factually pointing out that Ocados Solutions 2 main partnerships have halted commissioning new CFCs for extended periods. It's a major current red flag imo.
Many will ignore the issue though...
While there are issues in their major technology contracts the risk off sell down will continue imo. The 2 largest customers have paused commissioning further cfcs and Ocado currently extremely slow at signing up new partners to it's technology.
These flaws would be apparent wherever Ocado is listed.
Absolutely Bayobach.
The focus has to be on where the value lies with this share not deriding other contributors. Happy to have extracted the value short for the last 2 years. Still believe there is some further downside due to current flaws in the company as posted previously.
As always DYOR and look for the profit wherever it may lie.
"I have NEVER used the word shallow..."
Err yes you have.. Your quote is below Poker. I understand now why you can't carry out your own research given your memory is fading lol....
"to any one who looks at the detail they have a very shallow sense of analysis behind them"
Why ask for my help regarding your research Poker?
It's obvious you cannot stand hearing about bearish research re Ocado. Most people on this board are in that boat. That's fine but to deride other research houses analysis as shallow is schoolboy stuff.
Best of luck
It was your choice to deride my quoted research as shallow. Why would anyone then spend their own time helping you? You should have the capacity to work things out...
"Be kind whenever possible. It is always possible” Dalai Lama
Yes, that should be amended to - Kroger's goal of expanding their home delivery scope outside their store network geographies. The closure of the 3 Kroger Ocado spokes points to Kroger being far more hesitant re expanding in this way in the future via Ocado
Id normally answer your questions poker but having derided my quoted research as very shallow I think I'll leave you to research it yourself.
Liked that you said please though. Your mum would be proud.
Fair enough Poker,
Personally I always respect the different analysts research. Don't agree all the points of view for sure but I don't call them out as very shallow.
We all have our different approaches though.
Sangijuelas1,
Personally I'd take any information a supposed Kroger employee said on a reddit board with a lot more than a pinch of salt but hey fair enough if that's what you base your research on.
Poker chips,
Very naive to think that it's shallow analysis that links Kroger spokes closing to a lesser evolution of the Kroger Ocado ecosystem. The analysts at CFRA have far more data at their disposal than you but hey we are all entitled to our opinions whatever they may be.
Sangijuelas1,
When Kroger were announcing new CFCs and spoke builds with regularity this boosted the share price. Many assumed that Kroger would go far beyond their contracted 20 CFCs and build out 40+ CFCs with associated spokes. Kroger havent commissioned any extra Ocado CFCs or spokes for around 8 months now. They have now closed 3 spokes. The obvious read across IMO is that the eventual Ocado network that Kroger will build out will be smaller than previously thought with less focus on new markets. Also that they will be slower in commissioning new Ocado hardware. You disagree with this point, fine.
Kroger have talked about their online sales positively in results calls. They though deal with many partners to facilitate their online sales, Instacart, Shipt etc. The read across from the spoke closure to me is that they will be leaning on those other online providers more and not expanding as much as they had thought initially with Ocado after the spoke failure.
The Kroger spokes closing isn't terrifying but it's been a big driver of the recent share price drop. The obvious read across is that Kroger will be building out a less extensive Ocado ecosystem and will be developing it in a slower timeframe than previously envisaged.
However as always DYOR.
I've been highlighting issues at Ocado on this board for near 2 years now. Most ignore any negative talk though, they want to buy in to make a quick buck, swayed by Ocados slick corporate headlines, not researching in depth. There's a real lack of genuine deep knowledge re this company amongst those who invest in it.