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Agreed, with MKS's huge high street and city centre store presence I think there will be a significant writedown of store values in the results. Slow moves in store closures by management does not engender confidence.

MKS is improving online but they underinvested in online for many years. They are playing catch-up with more nimble operators, Next, Asos, Dunelm etc. I exclude the Ocado JV. This is a bright spot in MKS's portfolio

Looking good maybe but miles behind Next for example

Trojanhorse,

National lockdown before and after Christmas looking very possible

https://www.telegraph.co.uk/politics/2020/10/29/boris-johnson-pressure-impose-widespread-christmas-lockdown/

Majority of UK predicted to be under tier 3 by mid dec and likely to remain in tier 3 for an extended period.

Just need to look at France to see the conditions that are coming our way. They have put in ultra strict measures. The UK may not but this will cause the virus levels to increase and shoppers will be increasingly wary.

Next plc figures showed physical stores -18%. That is just the start. An incredibly difficult winter period ahead

MKS's online operations (excluding Ocado JV) are behind competitors.

I have never slated the MKS - Ocado joint venture. It is a win win for both parties. I expect further confirmation in MKS's results that it is working at full capacity with a bright future.

Large concerns over the other areas of MKS's business are causing the current prolonged blip in MKS share price.

There are big opportunities and big traps in the volatile market currently. Choosing the winners is the skill. If companies do not adapt quickly to current societal changes they can sink fast.

Plenty of 89p opportunity again today Aimigo. It wasn't a blip. Personally I can see 85p on the horizon. Whilst MKS certainly isn't toast there are though huge structural issues for MKS to address at huge cost. These should start to be outlined in the upcoming results.

Ocado ended the day up 0.04%

Extremely resilient on an abject trading day.

Delivering on their CFC contact commitments must be a hugely complex issue especially when you add covid restrictions into the mix. In previous results discussions Ocado management have said all contracts are proceeding with only minor delays. Ocado have near £2bill on the bank so that finance should enable them to move faster if partners are interested in that. All the newsflow from different partners around the world that I've seen has pointed to CFC development proceeding to plan.

Interesting cheapsharesboy. I've had 2 Ocado deliveries a week for several years. They've never missed a delivery. Very very rarely they are a bit later than the slot.

Covid conditions worsen. World online grocery market further expands. More ££ in the future for Ocado solutions.

Interesting 3

Interesting 3rd quarter for Next......

Online sales +23%
Retail sales -18%

More evidence of the vast increase in online grocery that Ocado solutions partners are experiencing. Ocado CFC's not yet live in Australia but it's a fair assumption that Coles are extremely interested in Ocado ramping up capacity as early as possible.https://www.itnews.com.au/news/coles-accelerates-digital-capabilities-555252

2nd top riser in FTSE 100 so far today. Ocado back at the top of investors shopping list. Massive potential for growth. More rises to come imo

Covid rates increasing, lockdowns in multiple geographies. Makes sense for investors to increase their Ocado holding.

Good bounce back this far today given poor/average overall market conditions.

Yes, plenty of upside potential from here.

Ocado did quite well yesterday given the European STOXX 600 tech index fell by over 7%

Shaggers54, agreed

Experience breeds success. 750% share price gain in 3 years. They are well geared up to overcome this latest issue

Understand you not wanting to discuss MKS. No share price growth in 5 months can't be fun.

Ocado is in a legal challenge with Jonathan Faiman. He has had his assets frozen as he's in another legal battle with a Russian billionaire. Ocado legal team doing a great job in protecting assets.

Not a worry. Nasdaq down a lot today. One of those market days where shares follow the overall market.

MKS down 2.6% today and down 5% since start July. Will this have an impact on Ocado retail joint venture? Concerning