||ORD 28 4/7P
||EPS - Basic
||Market Cap (m)
|Food & Drug Retailers
Sainsbury Share Discussion Threads
Showing 20501 to 20524 of 20525 messages
|I think the share price will go over 300p in the new year with the sales and Xmas boost.
Argos always top up the sales during the festive period.|
|Blockchain technology will put a stop to fraud...|
|amazon and ebay pay argos so there parcels can be picked up in store how much they get ?? maybe theres just a one off payment contract , theres still plenty of people that dont have ebay and amazon accounts so buy instore , this year i'm getting more and more fake emails asking me to log into my accounts to verify passwords or to send other information , recent news regarding hacking does not help much and shows they can still get into big business accounts , in the years to come will online buying be to high risk , if any of my online accounts were hacked or money taken and accounts set up in my name i would close them all ,|
|How much do you reckon Argos make in a year from ebay sales collected there ?
Just for a test I ordered some blue pocket hole screws and collected
at my local Argos; very speedy pick-up, straight to the EBay collection point, in and out in 2 minutes
Probably took one day longer - but can't be sure|
|Lidl still in a honey moon period...it will come to an end as store costs will start to eat into thin margins...|
|As an off-topic post to the above I can see the next 'wars' centering on fiscal arrangements rather than the past 'currency wars'. They have already started.|
|the only reason lidl is doing well is because the eastern europeans pack em out...when they get sent back in march their profits will collapse|
|Discount supermarket Lidl plans to spend 70 million pounds building a new distribution centre in Britain next year, it said on Friday, showing its appetite for investment has not been diminished by the Brexit vote.
Lidl is sticking to plans announced in 2015 to invest 1.5 billion pounds over three years on expanding its store and logistics network with a view to having 1,500 stores in Britain in the long term. It currently trades from 640.|
|You think that the UK multi-nationals don't do the same? ;))|
|at the end of the day sainsburys sells the better quality food so in my book its no.1|
|The term "supermarket" no longer exists, except maybe for the food side. Sainsbury's is no longer the super marketplace that had a captive audience before online retailing got going. Management has a website and products with Argos. Ebay and Amazon are true market platforms that allow traders of all sizes to buy and sell. They are extremely competitive marketplaces. I think this is why Argos will struggle to outperform in the digital world. Sainsburys is a big fish with a vertically integrated business structure but it no longer commands the local market|
|arise Sir Argos
More than a quarter of UK warehousing let this year was taken by Amazon
Most of my online buying is through Ebay and Amazon. Last big item I ordered was a Dyson which came from the factory next day by Parcelforce, supposedly "reconditioned" but looked like new, perfect packaging, with a Dyson two year warranty
This is the one on the Argos site £320
Same item on eBay with 5 year warranty £199 ... click and collect at Argos or free home delivery
or £135 for the two year warranty
|I guess the boss is trying , is the Argos deal the way to go. Time will tell , if it works out alright then he should be made a sir , all before him have tried and failed to move this company to a higher level|
|Yesterday's end of day auction & after hours trades were higher than normal....was it end of month/year rijjing or do they know something coming?...|
|Think the jury is out on the Argos deal...hence the weakness...|
|yf... Exactly! Just seems to bump along like it always has. Successive management have had the same attitude. This company should be doing so much better. Very frustrating to be a shareholder.|
|"It's the only supermarket I know that has more staff stood twiddling their thumbs than actual customers. The isles are wide enough to drive an articulated truck down. So much wasted space. Jeez no wonder they are doing so badly."
Yes, well said.
They're prices are above average, they have a captive middle class customer and yet the return never hits the bottom line. As you say, they are inefficient but they also seem not to want to excel for shareholders, just happy to rest on their laurels collecting their management pay.|
|If the insiders can't sort it out then someone from the outside will sort it out....|
|It does have some support around 233p...|
|imperial... A delve into his history tells me all I want to know..... Re the share price unless someone puts a bid in as in the past I can't see it going anywhere fast. Check out out the awful performance over the last 25 years. Speaks for itself.|
|there will be a Santa rally soon....
Do not confuse it with Black Friday
It's buying time now before the sales start.|
|Will the Argos acquisition confound the sceptics?! Let us see what 2017 will do for the share price,and then you can judge the CEO.|
|Its not what you know but who you know!...|
|The last week has been even worse for grocery chain J Sainsbury (LSE: SBRY), whose share price has fallen 9% in that time. Half-year trading figures showed underlying retail operating profit down 7.2% to £308m, like-for-like sales off 1% and underlying earnings per share sliding 6.7%.
On the plus side, online and convenience store sales did increase. The group is on track to deliver £500m of cost savings by 2017/18, with another £500m savings target to follow. It also cut net debt by £485m to £1.3bn, giving it one of the strongest supermarket balance sheets.
The Sainsbury's share price is down 40% over the past three years and remains far lower than it was a decade ago. Another worry is the post-tax pension deficit, which is now a hefty £1.31bn, forcing it to increase its contributions by £6m per year to £84m until 2021.
10 years of trouble
Argos is now the big hope, following this year's £1.4bn acquisition. Chief executive Mike Coupe aims to have 30 Argos digital stores and 200 digital collection points in supermarkets by Christmas, and 250 Argos digital stores in supermarkets over the next three years. It adds £4.1bn of total sales to the company's existing £2.5bn of clothing and home sales, and offers diversity from the ailing grocery sector.
Today's investors are taking a punt on whether it will succeed.
Right now, we simply don't know.
Trading at 9.52 times earnings and yielding 5.14% Sainsbury's may look like a bargain, but a lot of investors have thought that over the last 10 years, and regretted it.
Brexit continues to cast a shadow over the UK economic outlook stocks and investor worries will intensify when Prime Minister Theresa May triggers Article 50.|