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I agree with you chilting. Might tumble tomorrow but to me this looks different to previous faded recent Ocado rallies. Underlying strength apparent this time.

We may both be wrong but I can see Ocado rising further from here..

Good points shaggers54,

The answer to many of those issues may come from the pioneering click and collect specialist, Myrmex, which Ocado have a minority stake in.

There are so many parts in the Ocado jigsaw that will bear fruit in the years to come..

https://www.myrmex-inc.com/

https://www.ocadogroup.com/media/press-releases/year/2020/ocado-group-acquires-minority-stake-robotics-start-myrmex-inc

Interesting Harry, cheers for posting. Something to keep an eye on but can't see it impacting the share price much tomorrow.

Intrigued to see if share price rise continues tomorrow. Friday was a very resolute move up on a thin news day for the share. The only major short on Ocado shares is DE Shaw, 0.53% short. I wonder if they will reduce soon..

https://shorttracker.co.uk/company/GB00B3MBS747/

The click and collect expansion I was referring to was re Morrisons. Of this trade Ocado Solutions get a cut as they facilitate it. (That's how I understand it, Morrisons relationship with Ocado is very convoluted and has been changed a few times over the years)

Ocado retail could set up click and collect Ocado goods at MKS stores or other locations via using Ocado Solutions technology. MKS could use Ocado Solutions to ramp up and optimise their MKS click and collect store offering.

I don't agree there chilting. Very big sustained rise. Prior to today we all knew Ocado retail were working at maximum capacity. This volume was confirmed in Marks Spencers figures. It boosted Ocado's share price a little but there's more at play here.

Bodes very well for next week. Ocado is back in fashion with investors..

Cheers Ed_win, great day today...

Graking, I think the rise is more likely to be due to the below - it will generate more ££ for Ocado solutions. Also stock rotation must have been at play today. Impressive that the share price rose and retained strength throughout the day...

https://www.thesun.co.uk/money/13689348/morrisons-click-collect-slots/

midlandboy,

Like yourself I am extremely optimistic re the current Ocado share price. The market is tuning in further to the unique advantages of Ocado's online delivery solution.

Key to a really upward share price move (apart from takeover) will be when the next overseas partner signs to Ocado Solutions.

Below are all the dates of Ocado solutions contract announcements taken from Ocado's RNS's (my research, always DYOR)

29 Nov 2019 Aeon Japan
26 Mar 2019 Coles Australia
30 May 2018 Kroger USA
2 May 2018 ICA Sweden
22 Jan 2018 Sobeys Canada
28 Nov 2017 Groupe Casino France

Over a year since the last contract signing. There are a long list of mitigating factors that could be causing the delay in new partners being signed up. The pandemic which has caused travel delays, communication issues, import/export issues etc. Meeting the pandemics huge extra demand on Ocado retail. Meeting the huge extra pandemic driven extra demand from existing overseas partners. Managing the hugely demanding integration of Marks & Spencers goods displacing Waitrose within Ocado retail. Hiring a new chairman and CFO. Acquiring 2 robotics companies.

However Ocado raised an extra £1 bill on the summer so they have the resources to make things happen. Personally I think we are still 3-4 months away from a new contract announcement but it wouldn't surprise me if one turned up sooner.

Ocado, unlike Boris Johnson, strive to strike deals and deliver on them. Their reputation is sacred to them. They won't want to stretch themselves further if they cannot deliver a great result.

Lovely share price move up today. Looks like something is up to me....

Good luck all

Amazon takeover is possible but I don't think likely. Most of the international customers for Ocado Solutions have sided with them as they are antidote to Amazon's looming threat. How happy would Kroger/Sobeys/Casino be if Amazon was now running their online delivery service? Amazon have crystal clear voiced their intent to ramp up grocery online delivery so they are always a possibility to takeover Ocado.

I think there are a whole host of companies that would be interested in taking over Ocado if it were possible. Kroger already have a 5% holding if Ocado's shares. I view Uber as a possible predator to Ocado. There are so many companies that could greatly benefit from Ocado's market leading technology in a red hot retail battleground currently.

Personally I do not view a takeover as likely in the short or medium term however now Brexit has been resolved overseas companies can now look at the possibility of taking over Ocado more clearly. If it were ever to happen I would wager the buyer of Ocado would come from the USA.

I think a big driving force is Ocado want that warehouse space for other items. Their limited warehouse space being so valuable to them currently with the huge increase in orders they are experiencing.

Below is taken from attached article:

"Fulfilment of Fetch orders will continue from Ocado’s distributions centres in the medium term, but will soon transfer to Paws’ third-party fulfilment partners."

https://www.thegrocer.co.uk/mergers-and-acquisitions/paws-acquires-ocados-dtc-pet-business-fetch/651832.article

That looks a good move. Great they had the foresight to hold onto Fetch until now. Pets at home share have risen 70%+ during the pandemic. The undisclosed sum they received should be a lot more than it would have been had they sold in March or before.

Newly freed up warehouse capacity from this sale probably to be used to expand the Marks & Spencer's offerings sold through Ocado retail.

We will see in the morning whether Marks and Spencers results provide a boost or otherwise to Ocado shares...

6.5% return for the year so far....

Patience paying off again...

Oracle has gone into hiding. He joins the countless list of shorts who have posted on this board and been burnt. All of them have helped propel Ocado upwards over the years as they buy shares at high prices to close their positions.

So easy to misunderstand Ocado and purely look in terms of profit and market share. Ocado is all about building a market leading efficient, profitable and scalable solution to online grocery delivery.

The future looks incredibly bright for Ocado..

Upcoming full UK lockdown is driving share price up. It was to a fair extent expected though. Given the new UK Covid variants greatly more transmissible nature I can see people trying to avoid shops, even essential ones, in their entirety.

New Nigerian and South African variant surfacing. South African may well not be covered by upcoming vaccines. Vaccines can be reconfigured quickly but it does point to a possible extension of the pandemics length which would increase online grocery shopping trends/sales.

I remain a holder re Ocado shares.

Ocado was 82% up last year. The FTSE is full of exceptional investment opportunities currently, many will be investing elsewhere. Ocado's evolution is gaining traction. Shift to online grocery irreversible.

Patience is the name of the game. As it has been countless times before for Ocado shareholders. Can't expect such a huge price rise in 2021 but I believe it will be a nice double digit percentage rise up.

"Among large caps, Ocado Group, Fresnillo, Flutter Entertainment and Antofagasta were the biggest gainers, up 81%, 76%, 61% and 54%, respectively, for 2020."

Happy new year all!

Interesting, thx chilting.

There's been a huge increase in working from home. Post pandemic there will be far more working from home than before. When you are at home you consume your shop bought food and you are able to receive an online grocery shopping order. The new normal will be much more suited to Ocado than the old....

Happy new year Ed_win. Thanks for your comment re your previous post.

Very exciting prospects for Ocado in 2021......

Nice moves up.

We haven't heard from Oracle and co lately... lol..

Ocado 78% up for the year so far and there are still detractors. If there weren't though it would sign that this equity is fully valued. It's still so misunderstood by so many... which signals further opportunity ahead..

Happy Christmas all. Ocado's 78% return this year going some way to brighten up what is a bleak festive period.

Much to look forward to in 2021 - Vaccines, Ocado retail capacity growth, new Ocado solutions overseas contracts? Growth fueled by new robotics acquisitions in areas outside online grocery? Krogers first Ocado Solutions CFC opening.

Great that we have a very capable new CFO and chairman lined up for the new year.

Super to have new posters this year to the board giving insights. Many wise heads have given superb technical insights. Together we have managed to understand and digest some complex issues. The Ocado v Autostore legal case and the fundraising being probably the most discussed issues.

Here's hoping the Ocado share return is as positive next year.