Sainsbury (j) Share Discussion Threads

[loganair] 10/6/2020 13:48

I posted on IAG yesterday.

I am surprised IAG are still paying top dollar of Air Europa, however I am not surprised the Spanish government are letting the take over go ahead as with like the French, the Spanish are into having National Champions rather than having many companies to increase competition.

[essentialinvestor] 10/6/2020 13:24

Logan,

very altruistic of you.


I wonder then why having posted a preponderance of cautious articles the EZJ and IAG
boards, you suddenly disappear like a vapour trail with recent share price rebounds.

And I'm guessing you will appear again on any renewed sector share price weakness.

Most of us are interested in making money, rather than if you are long, short or sitting sideways.

[mikepotash] 10/6/2020 13:05

Hello wakey, wakey.

[mercer95] 10/6/2020 08:10

200p plus by the end of the week IMO

[ny boy] 09/6/2020 12:20

Got to be the dullest share on the planet and no dividend..wake me up in 2025 when this is back over 200p!

[mercer95] 03/6/2020 15:54

I’m getting zero benefit from you posting up some random so called analyst‘s opinion who is probably just talking his book anyway but no worries, good finish for the share price today👍

[loganair] 03/6/2020 13:11

M95 - It is for the benefit of all - Yes.

If it was just for my benefit then why would I spend my time and effort in even bothering to post any information.

[mercer95] 03/6/2020 13:06

You seriously expect people to believe that you’re posting purely for our benefit loganair 😂

[loganair] 03/6/2020 12:49

I do not understand why when I post that a companies share price is going to fall, so many posters say I'm 'Short' and when I post that the share price is going to rise then I am 'Long'???

When all I am doing is posting information to engender dialogue, discussion and involvement of other posters so they can carefully explore, examine and interpret the value of the information while not selling an opinion or recommending a specific course of action, rather giving all on this thread a better understanding and knowledge about the company with which to form their own opinions on.

[muchodinero] 03/6/2020 12:39

I see you peddling the same nonsense on the LSE site....good luck with your short...

[loganair] 02/6/2020 22:37

Sainsbury’s share price continues to trade towards multi-year lows, due to the bearish fundamentals surrounding the UK supermarket chain.

Sainsbury share price analysis shows that more downside towards the 105p level remains possible while the price trades under the 225p resistance area.

Sainsbury’s medium-term price trend:

Sainsbury’s share price is trading close to the weakest levels of the year so far, as investors continue to shun the stock and traders sell any upside rallies.

Since the start of 2020 Sainsbury’s share price has lost more than 15 per cent and it is trading basically flat on a year-to-date basis.

SBRY share price technical analysis shows that a bearish head-and-shoulders pattern is warning of further losses towards the 105p level.

The daily time frame shows that a bearish head-and-shoulders pattern has been activated, with around 120p downside projection.

Failure to move the price above the neckline of the pattern, around the 235p level, could see the stock falling towards the pattern’s bearish target, around the 105p level, over the medium-term.

Sainsbury’s short-term price trend:

SBRY share price technical analysis shows that Sainsbury’s stock has a short-term bearish bias while the price trades below the 210p resistance level.

According to the size of the bearish pattern the stock could fall towards the 163p level if the pattern reaches its full downside potential.

Traders should note that the bearish pattern has been activated now that the price trades below the 200p level.

Bulls somehow need to move the price above the 237p resistance level to invalidate the pattern.

Sainsbury’s technical summary:

SBRY analysis highlights that the share price of the British supermarket giant could fall towards the 163p level, and possibly even the 105p support level.

[mercer95] 29/5/2020 13:59

Sainsbury’s share price improving like the weather, I still reckon the dividend will be reinstated before long 👍

[bend1pa] 28/5/2020 15:28

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 13:49

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

[ny boy] 28/5/2020 11:14

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

[loganair] 27/5/2020 19:41

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 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