Sainsbury (j) Share Discussion Threads

[bend1pa] 28/5/2020 16:28

Loginair - 'Both stocks have outperformed the FTSE 100 (in the past 3 months)'.

Sorry, but that's just blatantly untrue. Any follower of SBRY shares would know that anyway. But I checked, and you can see clearly below how badly SBRY share price has performed against the FTSE 100 before and during the pandemic. Any analyst making such spurious claims isn't fit for purpose.

[casino444] 28/5/2020 14:49

What’s going on here , the share is going upwards can’t wait for the downwards

[ny boy] 28/5/2020 12:14

OMG..5p up, a simply orgasmic rise today!

[loganair] 27/5/2020 20:41

A number of supermarkets including Tesco, Sainsbury’s and the Co-op have won a legal ruling on whether they should be liable for business rates on cash machines located on their premises.

The Supreme Court handed down a judgment in favour of the major supermarkets in what has been a long-running dispute centred around business rates and ATM machines on-site. It means the retailers are in line to recoup hundreds of millions of pounds worth of business rates refunds.

In its findings, the court ruled that retailers are not liable for rates on ATMs.

[loganair] 27/5/2020 20:38

Robert Stephens Equity Analyst - The share prices of supermarkets such as Morrisons and Sainsbury’s have outperformed many of their peers in the past three months. Morrisons’ share price is up 2% over the period, and Sainsbury’s has dropped 10%. Both stocks have outperformed the FTSE 100.

I think the two companies are in good positions to generate improving financial performances in the long run. Sure, Covid-19 could cause higher costs for them in the short run, but I feel that their online operations could now become increasingly popular. This may differentiate them from budget peers that have been a thorn in their sides for the past few years.

Sainsbury’s plan to reduce debt and shut some unprofitable stores may catalyse its financial performance. It is due to have a new CEO in place in the short run, which could cause some disruption to its share price to my mind as its strategy may be subject to change.

[bend1pa] 27/5/2020 20:15

Supermarket shares should be making hay in this pandemic, yet their performance has been abysmal with no sign of recovery in sight. SBRY postponed its div despite frequent reports that grocery sales have been extremely buoyant. So what is their problem? Why does the market have such a downer on the supermarket sector over the past 3 months? Even some perennial loss-making company shares are recovering strongly.

hxxps://www.sharecast.com/news/news-and-announcements/grocery-sales-jump-at-record-pace--7515299.html

[mercer95] 27/5/2020 09:34

No it’s you casino

[neilyb675] 27/5/2020 08:22

Buy 50000 SBRY - SAINSBURYJ ORD GBP0.28571428 at a price of 186.272p

Buy 150000 SBRY - SAINSBURYJ ORD GBP0.28571428 at a price of 187.074p

Buy 250000 SBRY - SAINSBURYJ ORD GBP0.28571428 at a price of 187.9p

DYOR

[jenniferzz] 26/5/2020 20:09

Jagworth

Thx 7500 that is about 14 grands worth !!! Hardly an attractive NMS when you want to take and think about an exit position.

[jagworth] 26/5/2020 16:51

NMS for Sainsbury’s is 7500

According to the LSE

[casino444] 26/5/2020 15:58

Sainsbury’s shares , When it goes up it don’t stay up for long then it comes straight back down , maybe I should see my doctor And see what he thinks I should do

[casino444] 26/5/2020 15:56

Is it me or is this the most boring share ever

[jenniferzz] 23/5/2020 18:53

Lazy question but perhaps you can help ?

What is the NMS for SBRY please ?

[poikka] 22/5/2020 18:00

After being a shareholder for a few years, I'm now nearly out of it. Can't put my finger on it, unfortunately, but probably the sum of influences - and just dull.

[albert3591] 20/5/2020 15:07

Sainsbury’s far to expensive,no wonder queues aren’t to long to get in their stores,their cream doughnuts are to die for but can’t get them at the moment.£1.50 for one but worth it.

[eriktherock] 20/5/2020 11:20

So targets 160 > 130 and, from the weekly, 106 (338-222=116) (222-116=t106)

[eriktherock] 20/5/2020 11:08

(220-190=30) (190-30=target 160) & (220-175=45) (175-45=target 130)

[eriktherock] 14/5/2020 12:53

NY Boy, based on my recent experiences at my local store ie making customers unnecessarily queue outside, repetitive pa announcements about safety measures, not implementing safety measures, penalizing cash paying customers etc. I couldn't agree more.

[eriktherock] 14/5/2020 09:08

The sure and profitable trade is still short SBRY & Long TSCO

[ny boy] 14/5/2020 09:00

This has got to be the dullest stock in the World!
Kick the management out and hire some creative youngsters

[albert3591] 13/5/2020 16:00

Tesco up,Morrison’s up,Sainsbury’s down.It will be reversed tomorrow

[wynmck] 13/5/2020 12:03

UBS ups tgt price to 250