Ocado
View from the City – Ocado
If there is one thing we can be certain of over the past few weeks it is that food delivery has moved onto a new level of demand as the lockdown has driven significant adoption of the services of the main supermarkets. Customers have flocked to the major grocers and created seriously long virtual queues…
Read MoreAmazon to buy Ocado – now that would be interesting
What Amazon UK needs to do is buy Ocado as an entry point into making a meaningful mark in the UK food sector. Ocado in partnership with Amazon. By recently appointing former Asda director Doug Gurr to operate in a strategic role the potential for such a transaction must have moved significantly closer. There are…
Read MoreOcado frenzy overshadows under-valued Tesco
Much has been made of the Ocado valuation in recent weeks but in stark contrast little has been made of the valuation of the sector’s 60lb gorilla that could no doubt squash Ocado if it liked. Actually, Waitrose could probably squash Ocado if it liked. Outlandish Ocado valuation has not helped Tesco yet. What’s happened to…
Read MoreOcado surprises nobody with IPO price cut
The least surprising event this week was the lowering of the price range for the flotation of Ocado to 180p-200p. At Retailinsider.com we’ve long been sceptical about this whole IPO process at the initial £1 billion valuation. (See previous post in May) The only real surprise is that the cut wasn’t greater – from its…
Read MoreIs Ocado’s £1bn valuation laughable?
The seemingly never-ending run up to flotation for online grocery retailer Ocado was knocked off course slightly this week with the publication of a critical report from broker Bernstein Research. At Retailinsider.com we have long reckoned the £1 billion valuation that has been mooted in the press has sounded a tad too rich. This has, admittedly, been based on…
Read MoreOcado’s flotation far from certain
The long-rumoured flotation of online food retailer Ocado continues to rumble on and advisors are supposedly due to be hired after Easter. The road to a stock market listing took an interesting turn with an article in the Sunday Telegraph that reported an unnamed analyst from an “expert retail analyst firm” had handed over a detailed…
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