Sainsbury (j) Share Discussion Threads

[loganair] 08/5/2024 19:55

Havinthelasttoast - Filtered for toxic personal attack.

[loganair] 08/5/2024 16:24

As for Aldi...it's now the second-largest grocery retailer globally, therefore it seems to me they'll have no problems in their continued gridding down the tiny on the world stage British supermarkets as it continues to leverage its global scale and supply chain to further reduce costs.

[loganair] 08/5/2024 16:16

Asda owners piled on nearly £1.5bn of new liabilities that are not counted in the supermarket’s headline debt figures to finance the buyout of EG Group’s petrol stations business.

The was made up of £646m from sale and leaseback deals, £400m from borrowing against ground rents, and a £401m from a shareholder loan that recycled proceeds from a previous property transaction.

The transactions are the latest examples of financial engineering that TDR Capital and the Issa brothers have used in their retail and petrol empire.

Last week it emerged that the brothers had borrowed an additional £7m from EG Group last year to pay for their private jets.

[philanderer] 07/5/2024 23:55

Daily Telegraph tip

'Questor: don’t let this supermarket’s results put you off'

Questor share tips: don’t let the dire economy overshadow this retailer’s growth



Questor says: buy

Ticker: SBRY

Share price at close: 267.8p




or

[pirates4] 07/5/2024 08:12

Work out 5p average per day till next financial year. My guess dyor.

[pirates4] 03/5/2024 16:30

From 7th February 2024 statement

[pirates4] 03/5/2024 16:28

Enhanced Returns for Shareholders - Progressive dividend commitment and share buyback The strength of our balance sheet and cash generation will allow us to invest capital in targeted areas, further strengthening our capabilities, driving growth and efficiency and generating higher profits and returns. A higher level of capital investment is balanced with a reinforced commitment to strong free cash flow generation and stronger returns for shareholders. Specifically, we will now commit to a progressive dividend policy from the start of next financial year and the commencement of a share buyback programme, with £200 million of share capital to be bought back over the course of the next financial year.

[pirates4] 03/5/2024 15:11

Get the Friday feeling, that the long weekend is here.

[pirates4] 03/5/2024 09:48

£££££

[pirates4] 03/5/2024 09:35

People who are closing in on there share save plan are going to making ££££

[havinthelasttoast] 02/5/2024 11:52

Probably but negative loggy will cry about it anyway.

Crying old count

[pirates4] 01/5/2024 13:08

Is that a 5 million Shares buy earlier.

[havinthelasttoast] 01/5/2024 10:57

Duck up you boring count

[loganair] 30/4/2024 20:25

At the current rate Morrisons are losing market share and Lidl are gaining market share, Lidl will over take Morrisons in around 24 months time.

[loganair] 30/4/2024 20:20

Richard Taylor, Lidl Great Britain’s chief development officer, said: “As we celebrate our 30th year, our commitment to ensuring that all households across the country have access to high-quality produce at affordable prices is stronger than ever."

“We’re planning to open hundreds of new Lidl stores but ultimately see no ceiling on our ambition or growth potential.

“This is why we’re continuing to invest in new locations whilst exploring innovative routes to expansion.”

Lidl currently has an 8% share of the UK grocery market, its highest ever level, having grown its customer base since last year, according to figures by Kantar published last week.

This puts it only slightly behind Morrisons, which has an 8.7% share of the grocery market.

[pirates4] 30/4/2024 14:22

They want to buy back to cover the loss of sainsburys bank and employee pay rises.

[pirates4] 30/4/2024 12:00

Ripe and ready

[loganair] 26/4/2024 15:22

Sainsbury's spends £200mln of share buy backs of which £20mln plus goes in fees = Sainsbury's is worth £200mln less then it was before = share price goes down.

[pirates4] 26/4/2024 15:11

How is the share buyback going to affect the share price...upwards or?

[philanderer] 25/4/2024 21:36

Shoppers are beginning to spend more freely but it will take a cut in interest rates before sales of more expensive items such as TVs and sofas start to take off again, the boss of Sainsbury’s has said.

Simon Roberts, the chief executive of the group, which owns Argos and Habitat as well as its supermarkets, said he was cautious about the outlook for general merchandise, with sales of furniture and homeware remaining weak as households faced high mortgage and loan costs.