Ocado posts H1 loss

SUPR View:

* £9mm H1 loss pretty negligible in big picture * Tech Platform potential strong; 6 global partnerships with more deals expected in "medium term" * Sales growth strong @ 11.7% vs sector growth @ 2.3% * Cash position strong @ £447m post £324mm equity raise

** But, with a lot of good news is now priced in to Ocado stock and no path to profitability anytime soon => hard to see any further stock price appreciation from here **


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Supermarket Income REIT plc is listed on the London Stock Exchange. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term inflation-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.

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Supermarket Income REIT Plc is a proud member of the Association of Investment Companies implementing the principles and recommendations of the AIC’s Code of Corporate Governance.

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