Sainsbury (j) Share Discussion Threads

[robot ic1] 23/6/2019 09:54

Qantas , a good morning to you ,Black gold hammering
All those war ships and planes and weapons need this oil / fuel.

1 nuclear hit on us in the uk ,will solve the landlords problems as there will be nothing to cva.

[loganair] 23/6/2019 09:50

ig - Private companies can also think long term to benift their companies whereas publicly listed companies the directoos have to act quickly for the benifit of their pay packet and pension schemes.

[robot ic1] 23/6/2019 09:48

Qantas , a good morning to you ,Black gold hammering
All those war ships and planes and weapons need this oil / fuel.

1 nuclear hit on us in the uk ,will solve the landlords problems as there will be nothing to cva.

[ignoble] 23/6/2019 08:21

Funny how Companies without stock exchange listing appear to do well
Aldi
Lidl
Selfridges

Don't have to worry about shareholders etc...
Just a thought

[robot ic1] 22/6/2019 09:23

Qantas good morning to you , black gold is hammering up .

[robot ic1] 21/6/2019 16:53

NY Boy19 Jun '19 - 10:11 - 19950 of 19961
0 0 0
Another test to of the bottom?

__________________________________

And you know all about them I suppose?.

[loganair] 21/6/2019 09:34

Typical Sainsbury's, just going after the latest 'Fad,' the latest 'Nonsense' instead of getting the basics right first.

I've also noticed over the past couple of years how the quality of Sainsbury's TU clothing has gone down as have the styles.

[loganair] 21/6/2019 09:27

Butcher comes from the French 'bouc' for 'Male goat' the slaughter of goats.

[spob] 21/6/2019 09:23

Perhaps someone should explain the meaning of the word 'Butcher' to Sainsbury's

What next ? a meat free slaughter house perhaps LOL

[debsdowner] 20/6/2019 13:29

No support now the share price could continue its fall on a possibility of the odd bounce before a further downtrend.

[loganair] 20/6/2019 10:26

Will Walmart really get over £7bln for Asda, that is around 70% higher than the current value of Sainsbury's???

In the wake of the blocked Asda-Sainsbury’;s merger, Walmart is now “seriously considering” selling Asda in a public share flotation likely to value the business at over £7bn.

Judith McKenna, the British-born Chief Executive of Walmart’s international businesses, is reported to have told Asda staff, “While we are not rushing into anything, I want you to know that we are seriously considering a path to an initial public offering – a public listing – to strengthen your long-term success.”

McKenna said Walmart did not have a “one size fits all” approach to its divisions around the world and Asda should focus on improving its operations, including implementing £80m of price cuts to take on rivals.

[loganair] 20/6/2019 09:05

I though other Sainsbury's investors may be interested what is being written about Tesco:


Opportunities at Tesco, says Jefferies:

A capital markets day at Tesco has revealed future ‘sales enablers’ and cost savings opportunities, says Jefferies.

Analyst James Grzinic retained his ‘buy’ recommendation and target price of 275p on the shares, which were trading at 235p yesterday.

‘Tesco’s capital markets day showcased interesting future sales enablers and sizeable cost savings opportunities,’; he said.

The cost savings include tighter, multi-year supplier relationships, and optimisation of the store model.

‘The fleshing out of the building blocks to the free cashflow rebuild reassured us,’ said Grzinic. ‘So did spending time with the impressive, and fully engaged, senior team. This should help underpin more progress in the valuation context.’

[robot ic1] 20/6/2019 08:58

Qantas good morning , black gold hammering up , retail delivery costs increasing.

Electric will be here soon

[konradpuss] 19/6/2019 22:30

loganair, I do think that there is a good future for Sainsbury.

I really think they must do something different.

O.K. this is a commodity business however with a new CEO with some vision, this company is an opportunity.

It might/will get worse before it gets better. Look what Tesco went through before Dave appeared. Old Phil was like a Coupe. Coupe must go ASAP

[loganair] 19/6/2019 22:16

Is the Sainsbury’s share price the biggest value trap in the FTSE 100?

Value traps are stocks that appear to be cheap but are in fact quite fully priced. Recognising these firms can save you from years of losses and frustration, as value traps often appear to show promise without ever delivering.

Today I want to look at two FTSE 100 companies I think are potential value traps.
Taste the difference?

Orange-topped supermarket J Sainsbury reckons that its customers can Taste the Difference. The firm says that customers “rate Sainsbury’s first for food quality”.

Unfortunately, shoppers don’t seem to want to pay extra for better food. Sainsbury’s profits margins have crumbled in recent years, and are now significantly lower than both Tesco and Morrisons.

Company 2018/19 operating margin

Tesco..........3.4%

Morrisons......2.1%

Sainsbury......1.0%

This hasn’t happened by chance. As well as improving their store offerings, Morrisons and Tesco have both boosted profits by expanding into the wholesale market.

Morrisons has used its food production business to become wholesale supplier to Amazon‘s UK grocery business and to around 1,500 McColl's convenience stores. Tesco chose to acquire FTSE 250 wholesaler Booker, which has increased its presence in the convenience store and foodservice (restaurant) markets.

By contrast, Sainsbury’s acquired Argos. While this may have increased the level of sales per square foot in the group’s large stores, it hasn’t helped the group’s profit margins. Argos is a very low-margin retailer. My belief is that this deal has actually reduced the group’s overall profit margin.

To solve this problem, Sainsbury’s boss Mike Coupe tried to merge with Asda. This would have created a business of a similar size to Tesco, providing useful economies of scale. Unfortunately for Mr Coupe, the UK’s competition authorities blocked this deal.

What next for Sainsbury?

The failure of the Asda deal has left Mr Coupe with no choice but to go back to basics and focus on making Sainsbury’s a leaner, faster-growing and more profitable business.

This won’t be an easy task, in my view. Although debt is falling and cash generation remains quite good, analysts expect underlying earnings to fall by about 5% this year.

SBRY shares now trade on 9.3 times forecast earnings and offer a 5.6% dividend yield. In my view, that’s not cheap enough. I see this as a potential value trap and won’t be buying at current levels.

[loganair] 19/6/2019 22:08

The Grocer - Sainsbury's should focus on shopping experience, not price wars it can’t win.

[robot ic1] 19/6/2019 14:24

black gold hammering up , EKT Hammering up .

So delivery costs are rising .

[loganair] 19/6/2019 10:13

What is Sainsbury's doing to grow their grocery business????? - What new ideas is Coupe coming up with?????

Supermarket tells investors its plans also include more upmarket Tesco Finest convenience stores

[ny boy] 19/6/2019 10:11

Another test to of the bottom?

[robot ic1] 19/6/2019 10:09

Qantas good morning , black gold hammering up , EKT Hammering up .

[debsdowner] 19/6/2019 09:46

Poverty in work risen says the BBC:

[debsdowner] 19/6/2019 09:43

Broken below £2 as I predicted inflation figures out today would has triggered the sell off.

Retail Price Index came in at 3% as against 2.9% forecast which means earnings are again in focus as wage increases being eroded by RPI.

In one respect retailers want inflation but according to other data retailers are being forced to absorb the costs which will hit margins.

Not a good day for any retailer.

[debsdowner] 19/6/2019 08:54

Markets will be looking at inflation figures at 9.30 am and could upset the market so not surprising a down start to SBRY.

[ny boy] 18/6/2019 15:41

Looks like a bottom is in here, hit bottom of down trend channel line.
(FUL) going well too, reasons to be cheerful

[robot ic1] 18/6/2019 12:51

Qantas good afternoon to you , black gold is hammering up.

Troubling times for debtors in the UK

2019 Bankruptcys is up on last year and will continue to rise .


Bankruptcy: This is the most serious option, which involves an official receiver being appointed to sell off your assets to pay your debts.

If you own a house or a car you may lose them.The number of people in England and Wales going insolvent due to unmanageable debt hit a seven-year high in 2018, figures show.

Personal insolvencies totalled 115,299, a 16.2% rise on 2017, the Insolvency Service said.