Sainsbury (j) Share Discussion Threads

[loganair] 17/8/2019 10:33

If Sainsbury's had taken over Asda and as predicted the Sainsbury's share price would have risen to somewhere near 400p and I would have been out and put my money else where as it seems to me that would have been as good as it gets, share pricewise.

Sadly I was away when the share price rose to around 340p so am still holding and will be looking to buy more when the share price goes sub 150p, giving a yield of 7.3%. Without such a yield I think Sainsbury's is not attractive or worth buying into.

I have been posting for the past 3 years that I think the combined market share of Aldi/Lidl will stabilize when it gets to around 18%, which is 4.1% higher than it is today.

[tim 3] 17/8/2019 10:20

Ok thanks.

[loganair] 17/8/2019 10:02

How come a company with less market share and less turnover and less revenue then Sainsbury's have been worth nearly 30% more then Sainsbury's. Asda was never worth the £7.3bln price and Sainsbury's would have been well over paying.

At the very best ASDA was worth no more then £6bln at the time and now most probably worth no more then £5bln.

[poikka] 17/8/2019 09:47

Tim3 - "In what way?"

Coupe is no longer focussed on big deals, but on improving the stores and improving customer experience. The Asda deal failed, but should have been allowed to succeed, and would have been a game-changer - witness the share price

[tim 3] 16/8/2019 19:21

In what way?

[poikka] 16/8/2019 18:12

Most of you are living in the past.

[loganair] 16/8/2019 10:37

That is the problem, Coupe is looking for a headline grabbing event, when success will come from running Sainsbury's well by knowing their customers.

Therefore the very last thing Coupe needs is a headline grabbing event as this take his eye off the ball in running Sainsbury's well.

[imperial3] 16/8/2019 10:27

The question is what can Coupe do to turn the company round,in a furiously competitive market.That is what he is paid for.He needs a headline grabbing event for success.It is up to him and the BOD,to come up with answers.

[justiceforthemany] 16/8/2019 09:20

Short sellers have now hacked the FTSE. Lock them up.

[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?