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Yes chilting. There's a little bit of life in the Ocado share price currently. Other growth stocks are simply caving in, ie THG. Ocado are simply being lumped in with the growth share sector and sold off currently.

Wednesdays product launch is Ocados chosen chance at reimagining their brand and revitalising their share price.

Yes, huge change over the year. Very tough market conditions currently. Autostore has dropped another 12% so far today.

Personally I'm holding and will review after Wednesdays Ocado product launch. Am expecting the launch to be positive for the share price.

Great post Hajones, welcome to the board, hope you can post more in future.

Reading over all the information it clearly looks as though the new product launch will be solely about new technology in the online grocery field.

Ocado's RNS said the below:

"Ocado Group will unveil the next leap of game-changing technology and innovation during a virtual product launch event to be held on January 26th, 2022."

The product launch registration page though is more specific:

"Join us as we unveil game-changing technology and innovation for online grocery."

https://events.bizzabo.com/ocado2022

So, what will the big new tech product launch be?

It most probably will be tech that complements, differentiates and further elevates Ocados existing OSP platform. Making Ocados offering more attractive to grocery chains around the world and offering a better service to existing customers. It would be a distinct advantage if the new tech product could help Ocado raise revenue more quickly.

Ocado have run their financing over the years with great market acumen. Raising £1bill in June 2020 amidst the pandemic fuelled online grocery boom. Recently in October 2021 refinancing their outstanding notes and raising an extra £100m. This move can be seen as Ocado preempting the higher interest rate conditions that lay ahead of them.

Tim Steiner was a bond trader at Goldman Sachs for 8 years. He has, I believe, a great understanding of financial markets, knowing what they want and when. Jan 26th is a risky date to announce new tech will such bold language as Ocado has teased in the RNS. Market conditions are extremely tough, Ocado management however clearly understand this. If there is little substance to the announcement Ocado shares will fall further. If there truly is game changing tech then the share price should find good support.

Do we trust Ocado that they have the ability to produce game changing technology? They have done it before with their automated CFCs. They have rebuilt from fires, they have been true to their word in the Autostore court cases.

I'm looking forward to hearing all about the latest evolution of Ocado...

The legal cases are not over. Ocado has won a comprehensive interim judgement in the ITC case and is making great progress on the UK cases. Great chances of Ocado recovering a lot of their legal costs and gaining judgements against Autostore.

Your article is about the info Autostore has released re the UK court cases. They omit the key facts about them retracting many of their UK patent disputes, see the Ocado update for more info. As outlined, the share prices moves of Autostore and Ocado this week clearly show that Ocados is greatly in the ascendancy in the UK court cases.

The Ocado share price did rise well after the ITC news but has now fallen back as tech shares have fallen for a considerable period. The Nasdaq is down 7% just this week.

Imminent signs of a rise? Well, it depends how you read Ocado as a company. Personally I rate their integrity and innovation very highly so am looking forward to the Jan 26th product launch. Interest rates are increasing around the world but so is the great need for automation as wages rise further.

There are no guaranteed signs of a rise, we all have to research ourselves and see how we see things progressing..

Over the last 5 days Autostore shares have dropped around 25%. Ocado shares are flat, which is a good performance given the very adverse tech market conditions.

https://live.euronext.com/en/product/equities/BMG0670A1099-XOSL

Very clear who the market believes regarding the UK Autostore v Ocado legal case development this week..

Agreed chilting,

There are a lot of big investors already invested in Ocado shares who are holding currently. The Ocado v Autostore lawsuits are going strongly in Ocados favour. The plummeting Autostore share price this week shows its UK cases v Ocado are falling apart.

26th Jan new Ocado product launch is near now. I anticipate good news to flow from it..

scallop,

The biggest Autostore v Ocado court case was the US ITC one which Ocado had a comprehensive win in the interim judgement. Ocado rose strongly after that result however sector wide negative tech conditions have dragged Ocado back down. Currently we are in high interest rate choppy waters compared to the serene, calm ultra low interest rate, tech friendly conditions previously.

Autostore shares have dropped 18% since the news yesterday of the UK court retraction v Ocado. Ocado shares have risen from around 1410p.

When will these the sector wide conditions change? Higher interest rates are here to stay. I believe tech shares are looking oversold and will bounce upwards in time.

PS: Had Ocado lost the ITC cases or other multiple judgements in the UK v Autostore then I believe the Ocado share price would have dropped to near £10. As it is they have won convincingly so far which is great for confidence in the company ahead of the key product launch next week.

It's clear from the markets continued reaction that it believes Ocados statement re the UK court cases is more accurate than Autostores rebuttal of it.

Autostore down another 4% so far today..

Apologies OWLS I can see you have posted to the LSE boards re your other profitable trades.

Best of luck.

Autostore don't agree with Ocados statement re the UK court cases.. If anyone can access the full copy of the article please post it back to this board, thanks

https://news.bloomberglaw.com/ip-law/ocado-says-autostore-drops-two-thirds-of-u-k-infringement-case

Spotting early opportunities is where the great returns lie. You haven't posted regarding owning any of your mentioned, supposedly profitable, trades to any LSE board. Of course though you will say your returns are good.

Best of luck. Keep tuned into Ocado, many momentum changes to come...

OWLS, Momentum often changes when shares are at year highs. The share gets overbought by investors looking for the quick buck, hoping the share will rise evermore. Being late at the party has big risks. Better to spot the opportunity early than be left with an overbought stock. Your current lossmaking trades of Croda, Experian and MKS show this to varying degrees.

Great spot today edtheeuph re the UK Autostore case retraction. Looking at it closer I think that was the driver in limiting the loss re Ocado shares on a very poor day for tech shares. Autostore shares finished down 13% today.

Autostores hedge fund owners - THL and EQT - launched the legal cases against Ocado then after that sold 40% of Autostore to SoftBank. I believe the legal cases v Ocado were launched to elevate Autostores profile in the hope that an investor for the business could be found. It worked as Softbank bought in and helped Autostore IPO at a high price.

Autostores reputation though has taken a severe knock as all their legal cases so far have been thrown out or retracted. Ocado's reputation on the other hand is strengthened. Ocado said the lawsuits were totally without merit and that is what has now been shown.

Reputation and credibility are key in business.

Ocado said they would develop an automated online grocery delivery warehouse - they did.

Ocado said they would sign overseas technology contracts for other grocers - they have, around 7 contracts so far.

Ocado said they would rebuild after the fire/s, improving their tech - they have.

It is this level of trust and credibility that makes one think that when the company announce a reimagine Ocado event that it may well have good substance to it.

The reimagine event is a rare chance for Ocado to showcase new product and gain further investment/trust in their business. In my view they will make the most of this opportunity.

Nice rebound occuring. .

Ocados knockdown share price being snapped up by the market. New investors starting to position for the 26th Jan...

Shares that reach a 52 week high can quickly become overbought as investors jump on board for a quick buck. OWLS, as your recent purchase in MKS shows, high flying shares momentum can quickly turn..

Ocados knockdown share price being snapped up by the market. New investors starting to position for the 26th Jan...

Most were writing this company off when Ocado shares were £1. Ocado thrives on being misunderstood and disrupting itself. 26th January will be the latest evolution of Ocado differentiating itself further and capitalising on its patented innovation knowledge bank.

Management buying just before a new product launch would be very unethical. Afterwards we may well see buys.

The past has gone. What to do now is the question. The Jan 26th new product launch is assuming greater significance as Ocado shares come under sustained pressure.

If the new product launch reveals little new or exciting offerings then this share could fall further. Personally I believe given Ocados history, that the new product launch will surprise and the shares will rise.

It's up to us all to think this through and decide whether it's best now to sell, hold or buy. The main shareholders of Ocado and the board have predominantly bought over the last year. They are holding through this current phase..

If you simply follow the market looking for momentum you can get stuck with overbought equities as the momentum tops out and unravels. As norrab1 rightly outlines predicting future performance is key to identifying tomorrows winners.