Ocado – interims emphasising “accelerating commercial momentum”, how much so?…

Most recently on Ocado (OCDO), earlier this month with the shares down at around 180p I concluded ‘with also the prior financials having suggested good luck swiftly turning sustainably cash flow positive, the debt and a still around £1.5 billion market capitalisation, natch still a sell’. The shares most recently closed at 177.7p, but what about now results for its half-year ended 31st May 2026 and the shares currently falling below 150p?

Ocado – further “Leadership Transition Update”, but how useful is it?

Most recently on Ocado (OCDO), in February with the shares down to 215p I suggested its technology platform ‘evolution’ needs to be quite revolutionary to go from major retailer customers reducing planned usage to material “new partnerships and growth”. Now it states it “is pleased to provide further clarity on the next phase of its long-term leadership transition… following the recent announcement regarding CEO succession planning”, and what of the shares currently further down in response at around 180p?

Ocado (#OCDO) – details CEO succession planning, though “Tim Steiner will continue to serve as Chief Executive Officer through the start of the 2028 financial year”

Ocado (#OCDO) – re. CEO succession, “confirms that the CEO and the board continually engage in long-term succession planning and regularly engage with potential candidates”

Ocado (#OCDO) – “partnership to develop Asda’s online business across the UK”

Ocado – full-year results, how “well set” really?…

Arguing it “well set to re-enter multiple markets with an evolved technology platform, designed to be more flexible, offering a wider range of solutions to help retailers to run more efficiently and deliver a better service for shoppers, in any market environment, at any stage in their online journey”, Ocado (OCDO) has announced results for its year ended 30th November 2025 and what about the shares currently 8.5% lower at 215p in response?

Ocado (#OCDO) – FY further “underlying” cash outflow, argues expects “turning cash flow positive during second half FY26”

Ocado – another ‘partnership update’, and again it’s not good…

Ocado Group (OCDO) has issued an “Update on Sobeys Partnership”-titled announcement emphasising “actions to place the partnership on a strong footing for continued long term growth”. So what about a current share price response towards 220p, more than 10% down?

Ocado (#OCDO) – “Sobeys has decided to close its CFC in Calgary” and argues also “a number of further actions to place the partnership on a strong footing”, hmmm!

Ocado – emphasises opportunity of retailer mutual exclusivity ending, but what about the risks?

It arguing “as we continue to support all of our partners to improve and grow their online businesses, we will also now bring the full range of Ocado’s AI-powered and robotic solutions back to multiple markets” encourages from Ocado (OCDO) that it be looked at positively that its “mutual exclusivity has now ended with retailers in the majority of markets where Ocado’s technology is currently live, including the USA with Kroger”. However, with the shares currently slightly down towards 237p in response, what’s the reality?

Ocado (#OCDO) – “mutual exclusivity has now ended with retailers in the majority of markets”

Ocado (#OCDO) – “agreed a one-off cash payment of $350m to compensate Ocado following Kroger's recent decisions”

Ocado (#OCDO) – H1 emphasises “financial progress” but still £108m “underlying cash outflow”

Ocado (#OCDO) – plans with Bon Preu Group for a Customer Fulfilment Centre in Catalonia

Ocado (#OCDO) – “drawn down on a Letter of Credit for $152m issued by the Bank of Nova Scotia”

Ocado (#OCDO) – further issuance of 11% senior unsecured notes due 2030

Ocado: maybe it is because I am a dinosaur?

Perhaps a young person fully versed with new fangled ways of valuing equities can explain this to me but on reading results for the year to 1 December 2024, a curious year end, I remain baffled by the valuation. This is meant to be a growth stock right?

Ocado (#OCDO) – Q4 retail revenue +17.5% YoY

Ocado (#OCDO) – from its Erith fulfilment centre Morrisons to “gradually cease deliveries”, to build volumes from both Ocado’s Dordon centre and “in-store fulfilment solution”

Ocado (#OCDO) – Q3 Retail joint venture revenue +15.5% YoY, raises FY revenue guidance