Sainsbury (j) Share Discussion Threads

[tim 3] 15/8/2019 23:56

Problem is just can't see what will drive it up again.

[tim 3] 15/8/2019 23:55

Wow that's some drop today again.

[loganair] 15/8/2019 23:11

And that will give a 7.3% yield.

[s34icknote] 15/8/2019 23:03

What a difference a week or two makes. In this market with a lack of buyers 150 is not out of reach !I'll eat humble pie !Sicknote

[loganair] 15/8/2019 22:08

Argos just kept Sainsbury;s in the FTSE 100 for a couple of more years that all it seems to have done as it has not been transformative for Sainsbury's

[essentialinvestor] 15/8/2019 19:59

Argos was supposed to be transformative for the business, well it
helped BOD bonuses for sure but appeared to do little else.
Meanwhile ...we're in the money.. continues to enjoy his CEO base salary, pension top ups, private health insurance, bonuses, all be it somewhat reduced and the
various other corporate perks.

[ny boy] 15/8/2019 19:50

Loganair,you make get bonus nectar points too lol

[loganair] 15/8/2019 19:37

My 150p which a few scoffed at is looking more plausible now.

150p will give a 7.3% yield, that is the price I'm looking at before getting in.

[ny boy] 15/8/2019 19:30

Little Beaker

Poor staff morale, doubt you’ll ever see a manager in any branch, all too busy on courses on how to remain elusive

Young staff on minimum wage, no incentive to work hard, they could sell more stock if they bothered to replenish the shelves, I have had to ask to to check the store room for products on numerous occasions, at least some of them have hand held scanners that can answer the availability question straight away.

[debsdowner] 15/8/2019 19:30

Blackrock increasing their short position.

[debsdowner] 15/8/2019 19:28

imperial3

Sainsburys has 4.28% declared shorts:



Any short under 0.5% doesn't have to be declared so actual shorts will probably be higher.

[blueball] 15/8/2019 18:53

Stay in cash.

[stampylong trader] 15/8/2019 18:53

These are the lowest they have been, even lower than the dark days of the 1990s. So if he didn't sing "we're in the money" the ASDA merger would have worked out and these would be £10+ probably....

Don't count your chickens until they are hatched, and even then, don't show any emotion.

[oakville] 15/8/2019 18:48

Avoid until October.

[imperial3] 15/8/2019 18:43

How heavily shorted is Sainsbury?

[justiceforthemany] 15/8/2019 18:09

You need to change your alias.
Well out of date now.

Sainsburys is no Debenhams FFS.

[debsdowner] 15/8/2019 16:49

You don't see falls like this and pe ratio so low for no reason.

Markets are pricing in a sales and profits decline and cut in dividend.

Lot further to fall now imo.

[justiceforthemany] 15/8/2019 16:45

Sainsburys now trading on a P/E of less than 8.
At just 40% of its NAV.
Incredible.

Qatar took a large stake of 25%+ in the business at 595p.

[debsdowner] 15/8/2019 16:09

U could be right Asda showed a sales decline here and Coupe is in a bit of a fix at the moment.

Too many food retailers out there and too much competition some will hit the wall.

Justin King warned more retailers would have to go he got out at the right time he must have sensed a downturn.

Share price lost over 50% in less than a year.

[ny boy] 15/8/2019 15:43

In dem olden days Coupe would have been locked up in The Tower, surely there is no worse CEO at mis-management of a once iconic supermarket chain 🤦🏻‍♂️ It wasn’t for (STX) my retire early share, already starting to deliver big time, I would be crying here 😂

[debsdowner] 15/8/2019 12:29

Bobbing above and below the £1.80 mark any serious selling and stop losses will gather pace.

[imperial3] 15/8/2019 12:18

Going from bad to worse.

[ny boy] 15/8/2019 10:11

Broken 185p support, needs to quickly reclaim this level

[debsdowner] 15/8/2019 10:08

Retail sales up but food stores show a decline: