Sainsbury (j) Share Discussion Threads

[pierre oreilly] 06/2/2021 08:45

If your grandkids are saying in 20years 'what are petrol stations ' they'll also be adding 'and why do all these ev charging stations never have any electricity'?

[muffinhead] 05/2/2021 07:12

May as well sell all petrol forecourts off to the Issa brothers as going to be useless in 10 years time

Shell has recently bought Ubitricity so we can all charge our electric cars from the nearest lamp-post or repurposed bollard soon

[loganair] 04/2/2021 21:44

Guardian on ASDA financing



Asda buyers robustly get down to leverage - “We are putting in place a robust capital structure,” say the Issa brothers about the financing of their £6.8bn purchase of Asda. Really? Compared to what?

This is a private equity-backed deal and it shows. Asda’s petrol stations are being sold (to the Issas’ EG Group inevitably), a chunk of the warehouses will be off-loaded via sale-and-leaseback deals and £3.5bn ($4.7bn) of debt is being injected into the mix.

Demand for warehouses is strong and corporate debt markets are full of buyers, so the financial plan should find financiers. Come on, though, this is an old-fashioned leverage buyout. It looks like Asda will be approximately four times leveraged as a ratio of top-line earnings.

Call that robust if you wish. Others would describe it as racy in a supermarket sector that has three strong – and more conservatively-financed – competitors.

[netcurtains] 04/2/2021 08:17

Actually that is a good idea. Turn brown field out of town sites into more housing.
Also get more customers too. It enables more housing in Green Belt areas without using more green belt land.

[spob] 04/2/2021 08:10

Example of a Sainsburys store re-development


Build new store, with tower block of flats on top and car park underneath, in the existing car park

Then knock down old store and build more tower blocks


Not sure where the thousands of people living in these flats are going to park their cars

And the temporary car park for customers during construction will be tiny

[pierre oreilly] 03/2/2021 11:27

btw, argos ebay customer service stinks. I was going to sue then for a duff laptop, but they agree to refund me 70% of the cost if i jumped through many hoops. This was oct last year. Eventually jumped through them all, promised the cash in the post (well paypall) 3 times now. On the phone (a major exercise these days) again just now, the individual very helpful as usual, we'll see if i get my cash back this time.

[pierre oreilly] 03/2/2021 11:20

The gov have to do something soon or else high sreets and villages soon won't exist.

France subsidises the butcher the baker and the casndlestick maker and they have retained their villages. Our village butcher only survives because he charges a quid for a sausage, but the pub has already bitten the dust (planning for houses refused, owner won't sell to villagers who want to buy it, used as cannabis factory for a year before anyone noticed).

Fashion in the high street is pretty well dead i'd say.

[muffinhead] 02/2/2021 13:00

Once there were corner shops with a few hundred items of stock with good turnaround.

Supermarkets replaced the corner shop with 1000's of items, fresh with good turnaround.

The internet goes further and offers infinite choice from mega warehouses located anywhere with fast delivery.

Technology is driving deflation and expanding consumer choice.

[muffinhead] 02/2/2021 12:52

Supermarket clothes will never be high fashion

The problem with selling clothes is that technological change has changed the way people shop. Infinite choice, good price, convenience and online sales is the future.

ASOS and Boohoo bought the Debenham and Arcadia(Topshop etc) brands/websites so that the fashion labels NEVER return to brick and mortar shops again

No shop can compete with the infinite choice and deflation offered by the internet

[chc15] 02/2/2021 12:30

Strange this is dropping back, maybe pzena are dumping more shares. Might top up slightly here..

[loganair] 02/2/2021 10:44

net - I couldn't disagree with you more.

c40% of people are not into fashion and over the years there are less and less retailers serving this sizable part of the population.

Sadly Fashion may look good but all to often fits very badly and like many others, I would not touch Jaeger. I like timeless, well fitting, long lasting comfortable 100% cotton clothing, none of this man made fibre, skinny, slim, carrot fitting over priced poor value rubbish which on the whole is absolute tat.

[netcurtains] 02/2/2021 10:19

loganair: I 100% disagree with you.

I think M&S buying Jaeger for £6m just a few weeks ago is a REAL scope.
Sainsburys should do likewise. Make Sainsburys a place to actually buy
clothes.

[loganair] 02/2/2021 10:05

Sainsbury's going into Fashion I feel would be the stupidest thing for them to do as like with M&S they do not have the expertise in this area.

Going into Fashion in the 1990's was the downfall of M&S and sadly over the past 30 years they've so far haven't managed to recover from it.

[netcurtains] 02/2/2021 09:46

It would be interesting to see if Sainsburys decides to buy a big fashion label.
It needs to boost its clothing side and this is the time to do it.

[netcurtains] 02/2/2021 09:33

Sainsburys looking cheap on the turn.
Good NAV
Miles cheaper than Tesco - insane valuation difference.

Sainsburys has Argos! Got to be a long term winner.

Other retailers doing well today...

[pjleeds] 29/1/2021 15:58

If you can't back a horse to loose a race, how come you can back a share to loose. Maybe loose should be lose. Grammar rules.x

[netcurtains] 29/1/2021 15:34

QANTAS:
You can borrow money to go LONG....
So by the same token you can borrow shares to go SHORT.
There is no real difference.
One is money the other is share certificates.
Borrowing is the foundation stone of capitalism.

[chc15] 29/1/2021 15:28

Not sure, but a Canadian company recently tried to buy carrefour and failed, maybe they'll try sainsbury's??

[qantas] 29/1/2021 10:01

Elon Musk
@elonmusk
·
13h
u can’t sell houses u don’t own
u can’t sell cars u don’t own
but
u *can* sell stock u don’t own!?
this is bs – shorting is a scam
legal only for vestigial reasons



Please do your own research as always.

[netcurtains] 28/1/2021 13:42

Be great to break 360 again.

[poikka] 28/1/2021 08:45

Interesting stuff, spob, bloody musical chairs, innit.