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THE FOOL’S EYE VIEW

Shopping for dividends

Not all supermarket stocks are the same, even though many may look alike

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The shorter the cash conversion cycle at supermarkets, the better because nobody wants to pay for wilted spinach, over-ripe mangoes and mouldy strawberries. It can also be a sign of a grocer's bargaining power.

I REMEMBER a time when grocery shopping was a burden. Some people might say that it still is. But it's nothing compared to when I was a child. In those days, we went to a butcher for meats, a greengrocer for fruit and vegetables, and separate trips to different specialists for bread, rice, fish

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