Sainsbury (j) Share Discussion Threads

[loganair] 27/5/2020 19:38

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 19:15

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 08:34

No it’s you casino

[neilyb675] 27/5/2020 07:22

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 19:09

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 15:51

NMS for Sainsbury’s is 7500

According to the LSE

[casino444] 26/5/2020 14:58

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 14:56

Is it me or is this the most boring share ever

[jenniferzz] 23/5/2020 17:53

Lazy question but perhaps you can help ?

What is the NMS for SBRY please ?

[poikka] 22/5/2020 17:00

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 14:07

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 10:20

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

[eriktherock] 20/5/2020 10:08

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

[eriktherock] 14/5/2020 11:53

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 08:08

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

[ny boy] 14/5/2020 08:00

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

[albert3591] 13/5/2020 15:00

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

[wynmck] 13/5/2020 11:03

UBS ups tgt price to 250

[tim 3] 12/5/2020 19:37

Might do the same, some Sainsburys stores seem to be really struggling.

[spob] 12/5/2020 19:19

I've switched to Tesco until things get back to normal

found a large Tesco near me that opens at 6am.

Straight in every morning. Brilliant


no waiting until 8am like Sainsbury

or waiting for elderly or NHS to go first

no queuing for 45 minutes in the car park, getting soaked in the rain or sunburnt when it's sunny

[tim 3] 12/5/2020 18:29

Hernardo2 Had a similar experience in Sainsburys today despite being past 6 still had to queue shop really quiet inside took nearly an hour to buy a few things then queues at checkout and some of the out of stocks are available in local convenience which is where I will be shopping where ever possible till this is over. Must also be costing them a fortune installing all these protective shields.

[ny boy] 12/5/2020 07:14

Time these went up to 250p, I feel an urge for a surge!