Hello, Share Keepers. One company to benefit from the lockdown is Ocado (OCDO), the online supermarket. This, of course, is no surprise given the huge numbers advised not to leave their homes. Last year, I would never have brought Ocado to your attention as I expected strong competition for online deliveries from longer-established supermarkets. But Ocado is now making full advantage of the unhappy situation by seeking to expand fast...
Hello, Share Peekers. In the past, some of the companies I hold that announced they couldn't keep up with demand have seen a sudden drop in the share price. It once happened to Creightons (CRL), the supplier of household stuff. My reaction then was to think ‘What a nice problem to have’. And I immediately bought more shares. Soon the company stock was at an all-time high. I’ve a feeling something similar might happen to Ocado (OCDO)...
Hello, Share Crushers. And thank you to all those kind souls who wished me well on my visit to the hospital to discover why I’m seeing headless ghosts. I’m a bit nervous about the results but will let you know. Meanwhile, today’s choice for your further investigation is an unusual kind of business...
BP (BP.) and Ocado (OCDO) released annual results on Tuesday this week and the market initially responded well to both: BP finished the day up +5.2%, with Ocado +4.2%. Things have taken a turn for the worse for Ocado following news of a fire at one of its fulfilment centres in Andover. Shares in the online supermarket are -14.4% since Tuesday’s close. In this week’s article we take a look at whether these events have altered broker and tipster opinion about the future of both firms.
Having announced yesterday lunchtime that “a fire started in a section of the ambient grid of our Andover CFC… The incident and the measures being taken to contain it appears to have affected a proportion of the mechanical handling equipment and some of the grid… Andover suspended operation this morning preventing further fulfilment of orders”, a further update today from Ocado (OCDO) commences; “Unfortunately the fire which started yesterday morning in a corner of the ambient grid was not contained as we believed, and last night expanded”...
Hello, Share Samplers. Online shopping is likely to grow even faster in the future than it has in the recent past. A company well placed to take more than an average advantage of this fact is Ocado (OCDO). And that’s because this retailer has a super duper system for fulfilling orders that other companies will also want to use - at a price.
Early this year we showed the ten top shorted London-listed shares at the start of 2018. After the recent market slide and compared to end-September, how's the latest performance?...









