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Back a few days I suggested that Ocado (OTCPK:OCDGF) was looking good as a medium term holding. The argument was that selling groceries - even via home delivery - was a low margin business. Further, given the competition in the UK market from Aldi and Lidl, one that was becoming ever lower margin by the month.
Moving from competing there into selling other grocery chains the technology to do that work seemed to me like a good idea. Because, as above, the money in a gold