Company

SUPERMARKET INCOME REIT PLC (SUPR)

Blog posts

Property Trusts and Supermarket Income REIT Results

The views expressed in this article are those of its author and not necessarily those of ShareSoc. Commercial property investment trusts should be a good defence in a market downturn – at least that is what the investment pundits have been saying. As the market heads south I have been selling overvalued tech stocks and retail stocks vulnerable to a recession and reduced consumer spending. Property trusts should be less volatile as although the property market has been changing in some regards, ...

Ocado Placing Does Not Respect Shareholder Rights?

Under the Companies Act 2006, pre-emption rights allow existing shareholders the ‘right of first refusal’ when new shares are issued.  According to 561(1) of the 2006 Act, shares cannot be offered to another person until an offer has been made (on the same or more favourable terms) to each existing shareholder, and any time limit given for the offer has expired. At its core, this enables such individuals to protect their existing shareholding against further dilution of their shares – but typically ...

Justin King ex-Sainsburys CEO – Supermarket Supply Chains, Profits and Share Prices

In the present environment its useful to get some insights into what’s happening in the food retail sector and how it's impacting the major players. I came across this 10 minute interview with Justin King which was filmed at the end of March and thought it may be of interest to members. Justin King, Formerly CEO of Sainsbury's and now an advisor to Supermarket Income REIT (LON: SUPR), answers a series of questions for the investor community. Justin discusses the supermarket sector. ...

Mello Event, ProVen and ShareSoc Seminars and Lots More News

It’s been a busy last two days for me with several events attended. The first was on Tuesday when I attended the Mello London event in Chiswick. It was...

AGM Reports

Supermarket Income REIT AGM 2024

This article reflects the opinions of its author and not necessarily those of ShareSoc. As I now live in the northeast, I can rarely justify a journey to London that takes me 4 hours each way just to attend one AGM. However, Supermarket Income REIT (SUPR) is currently my 9th largest holding, constituting over 3% of my invested portfolio and there has been some concerning analysis suggesting that its stores are “overrented”, i.e. that current rental levels cannot be sustained into the ...

Leaders and Laggards

Laggard Supermarket REIT: Show of Hands Vote at Closed Meeting

Whilst being a good company in most respects, it is a shame that Supermarket REIT (SUPR) has blotted its copybook with an undemocratic general meeting. A general meeting was held today (5th October), to approve the issue of shares in order to expand the REIT. The notice of meeting says: However, you are reminded that in light of social distancing measures imposed by the UK government as a result of the current COVID-19 Pandemic, any member seeking to attend the meeting in person ...

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