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Another one raising its target:

20 August 2020, 10:10

Morgan Stanley today reaffirms its equal weight investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 1770p (from 1320p).

Super, thx for that info. Backing up that OCDO share price is fair value at the great heights it is now at

They kept same target price?

So many possibilities. Amazon buying Ocado retail though seems very unlikely to me. They would want to build their own tech or buy someone else's tech outright rather than buy a platform and rely on Ocado.

Exciting times, change occuring at great pace.

Interesting chilting/rocka999. Amazon's move should further encourage global grocery retailers to seek the best solution to combat them online. Ocado's tech still looks by some way the best in class solution since it is incredibly efficient (least human handling, least food waste, largest range of goods) and crucially profitable rather than store pick which incurs a loss per delivery by a retailer.

Re the moves recently towards subscription model grocery delivery. If we look way into the future I can see that just a few subscription grocery delivery models will take the lions share of the market. Ocado's tech will be at the heart of one of the winning models. Possibly though the tech will be bought out by a rival. In the race for online grocery dominance Ocado are increasingly looking like a key asset.

It's a very smart move from Amazon/Morrison's. Given over 40% of UK households have a Amazon prime subscription many will take up this offer. After Tesco's free delivery launch for club card plus customers the ball is now in Ocado retails court. I think they will roll out further benefits to Ocado smartpass subscribers to maintain them and increase it's appeal.

Thanks chilting

Gioviano55020, playground stuff. It really benefits any investment holder to look at all the issues surrounding a stock. Remaining blinkered to the negatives is a basic mistake.

Yes, shallow name calling, you've called me a **** etc

You don't have to invest to be able to post on a share discussion board. A point not many grasp here.

Research to me is critical. I've learnt so much from others over the years. It's vital to my investment strategy.

I do my own research then post my opinions on the relevant board. Mostly I am involved in indepth strategic discussion regarding the company involved. Thought I'd get the same on this board. However apart from chilting and a few others it's mostly been shallow name calling here.

All very interesting as the scale of change needed at MKS is such a critical issue. Hope the MKS management board is not as short-sighted. If they are things could really turn.

Agreed chilling. Significantly escalated store closures would give rise to some SP increase and more respect from the City that MKS has the strength to get tough and truly change.

Aimigo

I post on other non LSE boards for the rest of my retail interests. After the MKS trading update is a sensible time for me to post.

The Ocado partnership is great but it is facing new significant challenges from Tesco and Amazon who have both announced free delivery to prime and club card plus customers. Store cuts need to go far deeper at MKS than management have announced. Until the market sees those moves the SP will not be buoyant

All about research. The more research I do on all retail companies the more successful my investments are. Good to see my points have now been validated and echoed by the latest trading update.

Yes, and if it weren't for that the share price would be way, way lower. Ocado tie up is priced into the SP

https://www.ft.com/content/6ff573cf-8164-4e3c-ae1d-12c482c0407f

There's a lot more in the way of 118p than there used to be after today's underwhelming trading update....

https://www.telegraph.co.uk/business/2020/08/18/even-pain-still-come-ms/?WT.mc_id=tmgliveapp_androidshare_Avyljzf9BQYm

Analyst downgrades on the horizon as MKS's issues are laid bare. Management need to go a lot further than measures announced today.

Manofleisure + Rocka999

Interested in how you both see the long term future of Ocado panning out. Current market value is £16bill approx, it could be a $100bill company I agree in the future. How restrictive though will Ocado's current strategy in only having one partnership in each country be? Personally I see big growth for Ocado outside online grocery solutions. Such a well run company so far which has a huge wealth of knowledge in robotics and automated solutions. This knowledge had big applications elsewhere. If you applied some blue sky thinking where do you see Ocado in 3 or 5 years time?

Cheers

Certainly. Key share in a critical market. More to come.