Sainsbury (j) Share Discussion Threads

[netcurtains] 26/1/2021 09:19

A lot of the large retailers up today - including Tesco.
So nice to see Sainsburys doing OK too.

[netcurtains] 26/1/2021 08:05

£2.50 open.
Looks good so far.

[spob] 25/1/2021 21:31

They've only lost 72% of their original capital outlay

slightly less because of dividends though


but there has been share dilution since then

so 72% down, is probably not far off


money down the drain

[spob] 25/1/2021 21:27

roughly 874p

ROFLMAO

[spob] 25/1/2021 20:41

even worse than that

what's 600p in todays money ?

[loganair] 25/1/2021 20:30

Any deal of Sainsbury's, if one was ever to materialise will need the approval of the QIA as the Qatari's own c23% of Sainsbury's which they paid c600p per share for.

[netcurtains] 25/1/2021 18:03

Poikka: yes the last thing we want is it to be taken over by BooHoo and instead of getting real baked beans in a real shop we just get silly teenage photos of beans on the internet.

[poikka] 25/1/2021 16:58

But then Sainsbury's margin is much lower than Tesco's. That does, however, leave plenty of room for improvement, hence the bid speculation, I guess.

Just hope that it stays independent.

[netcurtains] 25/1/2021 14:19

Sainsburys I think is trading below its NAV value.
So that is quite a safety net for nervous investors.

[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.