Sainsbury (j) Share Discussion Threads

[muffinhead] 15/1/2021 18:00

You wear a mask so when you cough or sneeze, the aerosol from your nose and/or mouth is trapped inside your mask. Without the mask, the aerosol travels a distance from you. For convenience the government has choosen a social distance of 2 meters

I agree better fitting masks and not "face coverings" should be legally mandated. I am tired of seeing people fiddling with poorly fitting "masks" to recover the nose. Touch the outer surface of the mask and you need to sanitise your hands.

This is not to argued over like belligerent children
Yes, masks help prevent spread of Covid-19... wear one like a responsible adult


2 million global deaths recorded to date due to Covid-19

[netcurtains] 13/1/2021 15:32

spod: The evidence for masks working is very ambiguous. Many people wear dirty masks (from pockets with old tissues in) or badly fitting ones. the dirty mask then makes nose itch so the wearer adjusts the mask then touches food passing all viruses on to everyone who picks up the food afterwards.

The push to wear them is to reassure fearful people to carry on as best they can.
I wear one because its a legal requirement not because I am convinced they work.

If we really wanted to tackle the issue in a serious way the government should give FREE OF CHARGE every adult in the UK one of the top of the range "provably works" masks.

[poikka] 13/1/2021 14:42

So Carrefour being on the receiving end is being interpreted as Sainsbury's and Morrisons possibly being in the firing line, all because of there being a load of cheap money knocking around.

That being the case, the activity won't be confined to grocers.

[spob] 13/1/2021 00:47

2003 Film - The Corporation



Since a late 18th century American legal decision that the business corporation organisational model is legally a person, it has become a dominant economic, political and social force around the globe.

This film takes an in-depth psychological examination of the organisation model through various case studies. What the study illustrates is that in its behaviour, this type of "person" typically acts like a dangerously destructive psychopath without conscience.

[spob] 13/1/2021 00:09

Looks like enough people have died now, for supermarkets to start enforcing the wearing of masks in store.

Unfortunate that they did not understand the importance of doing so much earlier.


My guess is that sadly, they had to be persuaded by our government.

[spob] 12/1/2021 23:56

huge profits - yeah sure - just like Ocado

[rolo7] 12/1/2021 09:21

yep safe to go big stores not tight spaces like lidl+audl?!

[netcurtains] 12/1/2021 07:57

BBC Radio 4 this morning said "Sainsburys making huge profits out of lockdown".

Hope that is right.

[loganair] 08/1/2021 09:35

Sainsbury’s moving up a gear, says AJ Bell:

Strong Christmas sales from Sainsbury’s (SBRY) show the supermarket is ‘moving up a gear’ and accelerating growth, says AJ Bell.

The supermarket reported a 9.3% rise in like-for-like Christmas sales, with third quarter sales up 8.6%.

Russ Mould, head of investment at AJ Bell, said sales of the group’s Taste the Difference premium range showed ‘the supermarket game isn’t always about having the cheapest possible price’. It has also seen success with Argos, which benefited from the ‘digital Christmas’ caused by the pandemic, he added.

‘After years of struggling and trying to work out ways to accelerate growth, Sainsbury’s finally looks like it has moved up a gear,’ said Mould.

‘New chief executive Simon Roberts is off to a great start, although there still remain numerous pressures on the business, such as being able to satisfy ferocious demand for online delivery slots, dealing with supply chain disruptions, and never taking [its] eye off the grocery competition.’

The shares were trading up 5.2%, or 12.1p, at 245p at time of writing yesterday.

[netcurtains] 08/1/2021 07:50

That being said a great buy!

[tim 3] 08/1/2021 00:18

Also there is a wider move into "value" stocks which is probably helping.

[chiefbrody] 07/1/2021 16:59

Wowza. Nice rise. Glad I bough some back earlier after dumping most during the Asda debacle.If this powers on towards 300p in quick time, be a good time to offload (again) and wait for the inevitable sell off, again.Sains, and supermarkets in general, have too many issues currently. Circa 20B of sales and 300M of measly profits is naff.Shareholders are the last on the list that Directors are trying to please.Until this mentality changes, I can't consider Sains as a sensible place to invest. Especially with so so many other UK bargains out there.

[leadersoffice] 07/1/2021 16:38

Nice to see Sainsbury's up over 7% today. Hopefully as the months roll on, we will March back to £3. I would say that other than Aldi & Lidl, Tesco will emerge as the winner of the food retailers this past Christmas.

[keelstow] 07/1/2021 16:25

any idea why the statement was brought forward from the 13th Jan?

[poikka] 07/1/2021 16:05

Incidentally, anyone care to consider what might have led to Sbry's turn of fortune? I can think of a few possibilities.

[poikka] 07/1/2021 16:03

Amazon is getting just too powerful, and will probably have its wings clipped at some stage - taxation appears to be the first option.

[imperial3] 07/1/2021 10:46

Sainsburys pays its fair share of UK tax.Does Jeff Besoz do the same? We all know the answer to that!!!

[loganair] 07/1/2021 09:55

Just out of interest...


Amazon has just purchased 8 brand new B767's freighters from Boeing.

By the end of 2022 Amazon hope to have a fleet of 85 B767's freighters, they have bought all of Qantas and Delta's B767's to convert into freighters.

[muffinhead] 07/1/2021 09:28

Computer bots don't understand "underlying" profit before tax

Sainsbury's will be reporting negative statutory EPS for 2020/21 after covid costs and paying back B rates imo

Didn't Tescos do well starting the payback of business rates... big curveball for the sector

Still,,, once we all have the vaccine in our arms by the summer we can all go back to restaurants, pubs and start flying again. So supermarkets with thin margins while protecting market share, will have a tough competitive environment on reducing like-for-like sales in 2021/22

[georgeo1] 07/1/2021 09:08

Nice rise by the days so far.

[spob] 07/1/2021 07:45

The more online grocery sales go up

The happier Sainsbury’s shareholders will be


NOT

[spob] 07/1/2021 07:42

Same old story

Sales up

Profits down

Sainsburys loves chasing profit-less online grocery sales