Brian Brosnan of Crystal Amber Advisers presented his in-depth investment thesis on Ocado (London: OCDO) at Best Ideas 2018.
Ocado is an online grocery pioneer in. Despite many challenges since it was founded in 2000, Ocado has established a successful UK business. The company subsequently broadened its focus to offer international food retailers access to its market-leading capabilities. With Amazon’s purchase of Whole Foods, Ocado appears to be in prime position. “Amazon just declared war on every supermarket and corner store in America,” proclaimed the CEO of Instacart following the Whole Foods deal. He captured the feelings of boards across the world. Grocery is a huge market and is moving online. The company’s high investment spend is depressing profitability, but if it can capture a small share of the global market, it can generate high operating leverage from its platform, with pre-tax ROI in excess of 50%.
About the instructor:
Brian Brosnan spent several years in strategy consulting where he worked with a diverse set of global clients. Since switching into investing he has worked in event-driven, long-short and cross-asset. He joined UK small-cap activist investor Crystal Amber in 2016.
Members, log in below to access the full session.
Not a member?
Thank you for your interest. Please note that MOI Global is closed to new members at this time. If you would like to join the waiting list, complete the following form:
About The Author: MOI Global Editorial Team
The MOI Global Editorial Team, led by John Mihaljevic, CFA, includes community builders, event organizers, writers, editors, research associates, security analysts, and fanatical member support advocates. Our sole purpose is to serve the members of MOI Global as well as we possibly can in order to help them learn, invest intelligently, and build lifelong friendships with like-minded people.
Who is MOI Global? In recent years, The Manual of Ideas has expanded to become more than simply “the very best investing newsletter on the planet” (Mohnish Pabrai). We are now a thriving global community of intelligent investors, connected through great ideas, thought-provoking interviews, online conferences, live member events, and much more.
Members of MOI Global enjoy complimentary access to a growing array of resources and content related to the art of intelligent investing. Members also enjoy preferential access to selected offline events as well as exclusive access to other events hosted by MOI Global, including the Zurich Project Summit, the Latticework Conference, and Ideaweek.
More posts by MOI Global Editorial Team