Sainsbury (j) Share Discussion Threads

[dexdringle] 18/9/2020 15:24

....we'll probably find that is mis-reported and he actually bought three steaks...

[loganair] 18/9/2020 15:11

J Sainsbury (SBRY) was one of the chief risers among blue chips, gaining another 3% to 197p after advancing 5.2% yesterday on news that Czech billionaire investor Daniel Kretinsky had taken a 3% stake in the supermarket group.

[mercer95] 18/9/2020 14:55

I don’t believe it !

[poikka] 18/9/2020 13:09

Nuts and argumentative and offensive, means only one solution - in the bin.

[mercer95] 18/9/2020 09:42

Are you related to Victor Meldrew? Not sure how being able to hear customer announcements will improve the atmosphere, I would personally listen to a Nick Knowles album on a loop then some spotty teenager telling me what’s on offer but each to their own.

[poikka] 18/9/2020 09:20

You're quite missing my point, mercer: it's quite feasible to create an atmosphere in a supermarket, or any retail establishment, and Sainsbury's have failed in that respect. In one local SBRYs, they've started playing repetitive pop music, during customer announcements, unfortunately drowning out the announcement, but they are obviously aware of the problem.

So there's no need to "feel for me".

[mercer95] 18/9/2020 09:14

If you’re looking towards a supermarket to bring some excitement into your life Poikka i feel for you & fair point netcurtains I’ve read the article & now see the connection.

[poikka] 18/9/2020 09:03

It won't do any harm to have what I assume will be an activist investor o.b., but SBRYs are already well aware that they need to do something to improve their performance.

They've upped their advertising, and they've restarted nectar points coupons, but there's something just boring about their stores.

[netcurtains] 18/9/2020 08:20

Mercer95: Royal Mail went up from 170 to 240 - so you're right 100% was poetic licence for "a heck of a lot"
you ask "Whats royal mail got to do with sainsburys" - read the article from the link.
Its not a question you should ask me, ask the journalist in the Money Mail (see georgeo1's link below)

[mercer95] 18/9/2020 08:16

What’s Royal Mail got to do with Sainsbury’s & it didn’t go up 100%, just because these threads are free don’t talk nonsense ffs

[netcurtains] 18/9/2020 07:59

georgeo1: Thanks for sharing article. Looks good news Royal Mail went up 100%

[georgeo1] 18/9/2020 07:54

https://www.google.com/amp/s/www.thisismoney.co.uk/money/markets/article-8744741/amp/The-Czech-Sphinx-Sainsburys-fourth-largest-shareholder.htmlThis is probably why.

[mercer95] 18/9/2020 07:38

Share price is popping, maybe news about the dividend is pending, whatever, just carry on going up 👍

[netcurtains] 18/9/2020 07:08

Be nice to finish in the blue again.

[loganair] 17/9/2020 14:47

Pzena Investment Management - 25 August 2020 - 5.0289% - 111,810,028 shares


Position of previous notification N/A

[s34icknote] 17/9/2020 14:43

Lots of buying going on !220p first target !

[lochgarman] 17/9/2020 14:42

I just LOVE a short squeeze!!

[loganair] 17/9/2020 14:20

Czech billionaire investor Daniel Kretinsky's VESA Equity Investment became the fourth largest stakeholder of Sainsbury's, owning a 3.05% stake ( 67,746,707 shares) in the British supermarket group, according to a filing on Thursday.

Kretinsky, who forged one of Europe’s largest energy groups through more than a decade of deals, has been diversifying and scouring retail, media and other areas for investments.

Another vehicle owned by Kretinsky, EP Global Commerce, is also a major shareholder in German wholesaler Metro.

VESA Equity's portfolio also includes stakes in U.S. retailer Foot Locker Inc and department store chain Macy's Inc, data from Refinitiv Eikon showed.

[muffinhead] 17/9/2020 14:09

Ocado post two hours ago




Maybe if Ocado bids for Sainsbury's.... The old logic of merging Sainsbury/Marks & Spencer gets a leg up?

[netcurtains] 17/9/2020 09:47

Next doing well this morning so I guess the clothing side of Sainsburys is probably doing well too.... Nice to see blue this morning..

[netcurtains] 17/9/2020 06:53

Interesting news from USA regarding food / retail sales for AUGUST:

Advance Estimates of U.S. Retail and Food Services
Advance estimates of U.S. retail and food services sales for August 2020, adjusted for seasonal variation
and holiday and trading-day differences, but not for price changes, were $537.5 billion, an increase of 0.6
percent (± 0.5 percent) from the previous month, and 2.6 percent (± 0.7 percent) above August 2019. Total
sales for the June 2020 through August 2020 period were up 2.4 percent (± 0.5 percent) from the same
period a year ago. The June 2020 to July 2020 percent change was revised from up 1.2 percent (± 0.5
percent) to up 0.9 percent (± 0.2 percent).
Retail trade sales were up 0.1 percent (± 0.5 percent)* from July 2020, and 5.1 percent (± 0.7 percent)
above last year. Nonstore retailers were up 22.4 percent (± 1.4 percent) from August 2019, while clothing
and clothing accessories stores were down 20.4 percent (± 1.9 percent) from last year.

[netcurtains] 16/9/2020 08:11

food for thought

[netcurtains] 15/9/2020 18:15

I think retail sales figures for USA come out tomorrow at 1:30pm...

[tim 3] 15/9/2020 15:06

Have always said the Argos aqesgtion was one of the few good things Coupe did (and maybe caused him to get carried away and go for the Asda merger when everyone and their dog knew it would not get passed).Its a low cost business which has a very slick logistical set up with same day delivery/collection on thousands of items.It gives every Sainsburys store access to far more products than any of the competition.