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That's a very good article. I read that opinion piece yesterday. There's still no explanation re Autostores huge rise yesterday. They could be set to announce a new contract or investor.

They could have made a breakthrough in the lawsuits Ocado has taken up against them. Or could be set to come to an arrangement with Ocado that settles the lawsuits.

As the article states Autostore are very much on the defensive in the legal cases now. Ocado is now heavy favourite to win the cases against them following the ITC interim judgement success.

Searched thoroughly but there's no news as to why...

True nomlongu thx. Xmas sherry has got to me. Revised quote below:

"The American ADR listing of Ocado (OCDDY) is currently showing a probable £16.93 open for OCDO shares on Wednesday."

Have been carrying out and amending my usual Ocado weekly shop tonight. Was placed in a virtual queue 3 times. Once with 270 people ahead of me. My customer experience was fine, just took a couple of minutes to get through to the website. Shows the huge demand currently for Ocado retail UK. It is extremely rare for me to see a queue on their website. Experienced one last week for the first time in many months.

Many expected UK restrictions to be in place for New Year's Eve. None were announced so I imagine great numbers of customers headed to the website so they could get their New Year's Eve celebration supplies delivered directly to them, thereby avoiding any hassle finding supplies and any Omicron risk.

The American ADR listing of Ocado (OCDDY) is showing a probable £16.93 open for OCDO shares tomorrow - my workings below..

https://finance.yahoo.com/quote/OCDDY/

45.50USD divided by 2 to get one USD value of an OCDO share then divide by the current 1.3435 exchange rate = £16.93

All the very best to you Halma and all holders of Ocado.

There's a promising year ahead of us. Key legal case against Autostore virtually won. Comprehensive interim judgement in Ocados favour but of course Autostore want to fight the case to the end. In my view their legal case has been front and centre about seeking to impair Ocados ability to attract new contracts in this key pandemic period. Autostores shares are now below their October IPO level, their strategy is starting to implode.

Good Japanese CFC announcement today but not a great surprise as the contract signed with Aeon in 2019 was a large one and it included many CFCs being developed. As in the Kroger partnership it is the CFCs that are developed in excess of those that are already factored in by the analysts which will really move the Ocado share price.

It will be easier now for Ocado to negotiate new contracts now that the ownership of their technology has been judged comprehensively, on an interim judgement, as theirs. Ocados existing overseas partners have wanted to ramp up their CFC build quicker as a result of the pandemic. Ocado has to give a perfect service to these customers despite all the covid/supply chain etc issues. They are doing a superb job in my opinion. They recognise that they are only as good as their last contract. Happy customers drive more contracts further down the line.

Ocados share price continues to be shaped by the pandemic. Omicron could bring the pandemic to an early end or it could be more complex and drawn out. As in so many periods in Ocados history there is a lengthy lull in newsflow and a drift down in the share price. The jump up can occur any day and can be sharp as a new contract is signed.

Time and time again Ocado have signed major contracts. They will be keenly working on the next collaboration. My money is on them coming up trumps again..

https://retailtechinnovationhub.com/home/2021/12/23/aeon-announces-ocado-group-powered-cfc-in-hachioji-japan

Jjhotelier,

I think another post Christmas lockdown is partly priced in currently.

What we are seeing now is that Omicron conditions are favouring Ocado but the inflationary risk off trade of the market is counterbalancing that. It's a very risky time to be invested in tech companies that are facing lots of competition or have little competitive advantage (Justeat, Deliveroo for example).

Ocado though is cutting edge patented technology that grocers around the world desperately need to combat Amazon etc and to automate and make a profit from their online operations. Omicron only magnifies the advantages of automation - greatly reduced sickness absences, less reliance on increasingly expensive and scarce labour.

Graking,

Occasionally Ocados share price moves in synch with other UK grocer shares but it's not often. In general Ocado shares are far more volatile than the supermarket shares and move with the tech indices. Ocado group is roughly 90% technology, 10% an online supermarket.

The closest comparable company in the world to Ocado is Autostore, it fell 8%+ yesterday..

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

Personally I believe Ocado shares are a great place to be invested in currently as Omicron plays out and now that Ocado has proven through the courts that it's technology is legitimately its own.

Best to all.

Twas not I that spouted repetitively laughable predictions for IAGs share price rise today.. Angry at your own incompetence lol..

big-blue - Re your 8% rise prediction today. Jtan says it best...

Jtan - "everyone knew that wouldn't happen'

One decimal place difference would make it +0.8%, IAG however finished in negative territory.... Basic stuff..

I thought 1% down could happen. 8% up was always complete garbage tho..

IAG -0.8% today versus big-blues prediction of +8%

Miles apart....

Who was predicting a big drop? 3% drop currently is a sizeable one though...

I predicted 5% down over the week..

Using military hospitals would be a last resort mararab a situation any government would like to avoid..

Mararab,

We're discussing the Nightingale hospitals. They are not in operation any more. Could have been a great help but they've been decommissioned..

big-blue,

You dish out abusive language when your precious OmiCON and useless mask narrative is questioned.

It shows a weak underbelly of someone afraid to listen to views outside their own.

We will see later how good a judge you are of the IAG share price trends..

They were used at sub capacity in the first wave. If they were there and ready now they would provide a great boost to hospital capacity meaning restrictions are less likely. However they are not ready and staffed..

big-blue

The Nightingale hospitals failed as they didn't invest/resource enough staff. They have now been repurposed for other uses..

https://www.theguardian.com/commentisfree/2021/jan/27/empty-nightingale-hospitals-government-healthcare-staff

If the Nightingale hospitals could be staffed correctly then that would be a great help in the Omicron wave. Unfortunately the hospitals were mostly for show not substance..

Glenhoss

Read the minutes again. The minutes do not refer to that. Their best estimate is as in the link provided.

If we don't curb the spread and hospitals become full then if you have a road traffic accident the ambulance wait time could be hours and there could be no treatment available at the hospital..