Member Info for waccybaccy

I disagree and don't think generative AI will do anything for Ocado, as much as every PR video they create repeats the word "AI" as many times as possible. AI doesn't have much of a use for it. AI will not move goods from A to B/C/D/E. Only a physical grid of robots will do that.

Ocado is getting screwed by cheap imported labour, at least in the UK. If we cut our addiction to that as a nation and focussed on investment in tech/automation instead, both the nation and Ocado would be much better off.

Crikes, now at the lowest price since the start of the rise of the 5 year hump that started in December 2017. Maybe Blackrock had the right idea with their shorting?

My dream would be for Ocado to announce more partnership(s) and the sale of Ocado Retail to M&S to become a pure tech firm.

Can you give examples of companies that have grown in Germany after starting in the UK?

As mentioned previously on here, if Ocado could manage to shift the retail part, the remaining tech part would enjoy some of the current crazy "dotcom" money that is floating around.

You mean in the British world, invest 25% less than the French and rely on cheap imported labour instead of improving technology to do the jobs humans (mostly) don't want to or can't be afforded to be paid.

Thing is, I don't think labour costs do increase if you compare it to the customer shopping in person. Ocado has costs maintaining robots and software and delivery vans while Sainsbury's etc have costs stacking shelves. Apparently they are fairly similar.

Good to see the new non-exec director has experience "guiding [a company] through its early stages of innovation to scale-up, industrialisation and its purchase by Mercedes-Benz"

Hermann Hauser said it has a lot to do with Brexit. I think he should know!

I cannot understand the sloth-like nature of the share price. The outlook seems so positive to me!

Exactly the quotation I was going to quote! "Similar to commercially available..." is gold IMO.

She just bought £4k of shares. Basically nothing.

Probably because Ocado has rarely made a profit and has capacity for 700k deliveries a week but is only managing 400k in a worsening financial climate where luxury brands suffer more than budget ones.

I am getting Tesla vibes with Ocado. A unique tech company being heavily shorted (quite rightly) for their unprofitability but somehow it pulls through to great success.

I was thinking, the 31.5p price is a bold move!

Exactly. It is utterly bizarre. What are the companies debts though?

Biden says they are Ukrainian missiles.

Eurofighter *deal*

BAe is a strategic player. If Russia sets off a tactical nuke in the Black Sea as some sort of "weapons test", BAe's price will go up a lot because there will be a demand for big expensive jets. The recent warning by Xi Jinping to Putin *not* to use a nuke suggests Putin will not do this, unless he actually loses his mind.

Remember, Putin delayed the Ukraine invasion just so the winter Olympics in China would not be overshadowed. Putin respects Jinping a lot.

BAe has missed out on the replenishment of helicopters in the former eastern European countries who gave them to Ukraine. It is also missing out on the fighter jets to replenish those stocks of MiGs/Sukhois given to Ukraine from those same countries since the US is giving them all F-16s (or so it appears).

I do have a theory though... our esteemed (COUGH) former prime minister was extra friendly in arming Ukraine but what should we get in return to pay for these arms? Well, perhaps there is a Eurofighter in the offing to sell some to Ukraine once it joins NATO? Austria has them so why not Ukraine? Either that or Ukraine is going to let us have some Black Sea gas. Just my own dreamy theories!

Back to the real world now...

Few of the weapons used in Ukraine are BAe. Most are Thales.

Russia on the retreat.