Sainsbury (j) Share Discussion Threads

[netcurtains] 25/1/2021 13:16

I Think the market is deciding that Sainsburys has RELATIVE value in that its market cap is only about 1/4 of Tesco.
ARGOS is quite a winner too.

[pete160] 24/1/2021 22:30

Could it be solved, or at least lessened, by removing business rates but increasing vat?

[imperial3] 24/1/2021 20:11

Amazon is a direct competitor to Argos/Sainsbury's.They pay no business rates and are at an advantageous position,and as such there is then no level playing field.It is high time that a tax is imposed on American digital tech companies that operate in the UK to restore equilibrium.The high profits earned here are ample justification for this move to take place.

[poikka] 24/1/2021 17:07

Looking at the chart, there's a lot of interest being shown in it. There's 8.6% shorted atm.

[pdt] 24/1/2021 15:28

Article in today's Telegraph;

"Hedge funds buy up Sainsbury’s debt swaps on takeover hopes.

Hedge funds are ramping up bets that Sainsbury’s will be the next British grocer to be snapped up in a debt-fuelled takeover ...."

[knowing] 21/1/2021 17:00

So SBRY is the new British Airways Avios Partner

[muffinhead] 20/1/2021 08:22

Food deflation

[poikka] 18/1/2021 09:25

Very difficult for politicians to go against WHO advice - and live to fight another day.

For me, on balance, I think that they're counter productive: they give people a false sense of security, leading to carelessness; they could possibly create a transfer from mask to hands of the virus, and they could lead to wearers ignoring the more important hand-washing measures.

Better, perhaps, if we were implored to cough/sneeze into a tissue, and then gel our hands, and avoid doing so near others.

Of course, a lot depend on what type of mask you're wearing, and I can't recall the last time someone coughed or sneezed near me - in a confined space.

But that's for another day. In the meantime, I'd like to thank our government for their very proactive approach to vaccination.

[netcurtains] 18/1/2021 07:53

Pierre Oreilly: I think the problem is that masks amongst some people have become political and thus its difficult for those people to be rational.

[pierre oreilly] 17/1/2021 22:13

Oh well, I doubt the following will sway any minds but I'll post it anyway.

Oxford researchers don't seem to think a beneficial mask wearing effect is 'bloody obvious'

From the university of oxford's centre for evidence based medicine ..

In 2010, at the end of the last influenza pandemic, there were six published randomised controlled trials with 4,147 participants focusing on the benefits of different types of masks. 2 Two were done in healthcare workers and four in family or student clusters. The face mask trials for influenza-like illness (ILI) reported poor compliance, rarely reported harms and revealed the pressing need for future trials.

Despite the clear requirement to carry out further large, pragmatic trials a decade later, only six had been published: five in healthcare workers and one in pilgrims. 3 This recent crop of trials added 9,112 participants to the total randomised denominator of 13,259 and showed that masks alone have no significant effect in interrupting the spread of ILI or influenza in the general population, nor in healthcare workers.

...........

I don't know whether or not masks are effective, but i do know various experts have varying views and the current scientific literature is inconclusive.

[spob] 17/1/2021 19:32

Masks do make a huge diffrence but only if everyone wears them.

Every time you breath out or talk, vapour droplets containing the virus are expelled (if you have the virus of course)


Those droplets travel much much further without a mask barrier in place

and thus have a greater potential to infect others


it's not rocket science

it's bloody obvious


So given the NHS is overwhelmed and even if a mask only cuts down the transmission rate by say 50%, then it is obviously well worth it


After the NHS becomes overwhelmed the number of deaths from other causes will far exceed the number of deaths from this virus

this is because people can't get treatment for those other potential causes of death

there aren't enough ambulances, there aren't enough hospital beds and there aren't enough doctors and nurses to deal with patients. Remember that Nightingale hospital. It's mostly empty because we do not have the extra staff to operate it.

and some people ignore symptoms because they think the NHS is too busy = more deaths etc etc


you think 1500 uk deaths per day is a lot

trust me that will be nothing compared to the numbers of deaths when the NHS stops functioning.

[muffinhead] 17/1/2021 12:31

"I would add if you are not convinced by the science (like me)"

"i'm not sure i'm helping prevent the spread"


The government and medical profession is really trying to help.

Asian societies have very low cases of Covid-19... they accept government advice and wear facemasks without question. Western societies are learning the hard way!


Hands Face Space

[pierre oreilly] 15/1/2021 19:40

In some respects masks help prevent the spread, in other respects (as net indicated) they help aid the spread of the disease.

Boris today, on advice, emphasised that transmission is also by surface contact.

Some experts come down to the view that on balance it's better that masks are worn, others that they are not worn. I think all agree that if worn correctly - not touched, disposed after a couple of hours, correctly fitting - then masks are better than no masks. But we live in the real world where people wear them for weeks, touch them, don't wear them properly.

I'll wear one when required, but i'm not sure i'm helping prevent the spread. Not sure I'm arguing like a belligerant child - just listening to the broad view of the experts.

[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.