Member Info for Valueplay

Fabulous, thanks for the information team. Great to have some good news on what I thought was a gloomy day..

Wonder what's driving it?......

Whilst the country faces umpteen significant economic crises. Even the business secretary and the treasury can't agree...

I think they've gone on holiday to Marbella Gio......

Every dog has its day. At this moment in time it's sliding, the future though may well be different.

The story is nowhere near completion. Momentum currently against of course.

Autostore is only floating a small fraction of the company, $315m in shares, to outside investors. Existing investors may sell shares if the float goes well. More court decisions re Autostore/Ocado should come in the coming weeks. Looks a little like Autostore want to float the company before more negative court judgements come their way.

Agreed chilting. There are other Ocado and Autostore patents being challenged in the courts. Also other court cases ongoing. Good to note though that the case against Ocados patent 9,796,080, which is central to Ocados operations, has been dismissed in a resounding manner.

Thanks for that chilting, welcome back.

Clearly the challenge from Autostore re Ocados patent 9,796,080, which is regarding Ocados robotic warehouse system, has failed. Autostore was judged to not have a reasonable likelihood of winning the argument that the patent is invalid so the US patent trial and appeal board have declined to look into the issue any further.

Good news for Ocado in the latest development of the Autostore v Ocado legal battle. If anyone can access and copy and paste to the board the whole text to the below link I'd be very grateful.

https://news.bloomberglaw.com/ip-law/autostore-loses-bid-to-challenge-ocado-robot-warehouse-patent

Best to all

The drops are opportunities, momentum will return..

Yes, interestingly poised. Attractive price to enter Ocado shares currently if you can understand the complexities of how the company is expanding and where it's heading in the future...

If you translate this article from Spanish to English this is an interesting article outlining why Auchun Spain chose Ocado Solutions this year to run their online operations. Auchun have large grocery operations in many other countries. Great possibilities for Ocado Solutions to expand the relationship with Auchun if they live up to expectations..

https://www.revistainforetail.com/noticiadet/alcampo-explica-los-porques-y-objetivos-de-su-alianza-con-ocado/8c687a7b78ec0b06ded19f305c50e5bf

Impressive results out from this morning kslonee

https://www.standard.co.uk/business/tesco-christmas-profits-ken-murphy-supply-chain-harry-kane-football-southgate-turkeys-b959012.html

Ocado are always building for the future. Today's announcement is another building block to realise their ambitions. Yes this £10mill investment will delay overall group profitability however they have to stay ahead or at least on par with the best of their competitors. Current grocery partners and future ones will want the very best online grocery service. If Ocado continue to develop best in class technology then clients will pay high fees to access it in return.

More information on todays £10m Wayve investment below:

https://www.reuters.com/world/uk/uks-ocado-invests-wayve-autonomous-grocery-deliveries-2021-10-06/

Could be but I can't see why Ocado group would do that at this point graking. Ocado have just recently refinanced a little by redeeming existing notes and issuing new ones. Next major financing will be required around end 2022. They are not in great need of extra funds currently. Splitting the company would entail many costs. Selling off the other half of Ocado retail UK at a later date next year once the capacity is ramped up looks a more likely roadmap. It would be cheaper to sell rather than list the 50% of the Ocado retail joint venture. There would be many potential buyers then, Marks and Spencers, possibly Morrisons, maybe Kroger, private equity could be interested. Ocado retail is a proven, profitable, thriving business. Many are keeping an eye on it..

US takeover - always a possibility but unlikely at this point. Ocados tech is extremely attractive to many potential acquirers. The Autostore PTC legal case is nearing conclusion. If it starts to look as though Ocado will come through the case well then I think many companies will take a close look at Ocado as a potential takeover target.

Intriguing jump up in share price today. Here's hoping it holds....

Interesting observation nomlungu, thanks.

Personally I received my latest weekly Ocado delivery with no substitutions and all frozen/chilled goods included. Huge current issues re CO2 and supply chain/HGVs. If you as a retailer can still deliver to a high level throughout this crisis I think you can truly shine and attract new customers. Great opportunity for Ocados streamlined delivery operations to reveal its strengths.

Have been into a Sainsbury's store recently. Large amounts of empty shelves. Went into a high street Wilko's today. Huge sign up at the entrance informing customers of current stock shortages. Swathes of empty complete shelves in the store leaving it with the sort of stock availability one would associate with communist Russia.

For Ocado challenges mean opportunities. They have thrived through adversity, written off countless times by others.

Best of luck Halma,

Takeover of Ocado in the short term = unlikely

Takeover of a UK grocer in the short term that could benefit Ocado = very possible

Tesco + Sainsbury's have no association with Ocado, were they to have a new owner then they may re-evaluate their online operations and chose to become an Ocado Solutions partner in some way.

Marks and Spencers if taken over could then have greater financial power and may choose to expand the Ocado retail joint venture at a quicker pace or even buy out the other 50% of the joint venture.

Morrisons new owners have outlined they are very happy with the existing profitable Ocado partnership so I see no change there once the takeover occurs.

Thx Coverpoint, very interesting read. Hope you can post more again soon. If Ocado retail can deliver a great service this Christmas it will be another feather in their downy cap. They will gain more notoriety for having the best and most dependable service in the market.

Other online grocers this Xmas I can see running into big issues and generating significant negative feedback/ press.