Sainsbury (j) Share Discussion Threads

[itisonlymoney] 23/8/2021 09:05

Obvious today with all the papers saying so. Shorts getting massively burnt now. Feels like a Gamestop. Maybe it'll go all day...

[ny boy] 23/8/2021 09:02

In play, obvious takeover target..dyor as usual
Can see (IAG) going next, easy muny around, just buy the big U.K. equities and hold

[itisonlymoney] 23/8/2021 08:47

Classic short squeeze going on here from a concerted pump and dump - ramped in all the major newspapers over the weekend. PI shorters getting margined out. My guess is a retrace to close this morning's gap up sometime over the next couple of hours, then possibly another leg up.

[rolo7] 23/8/2021 08:38

would the number of shorters put a bidder off?

[loganair] 23/8/2021 08:33

If a bid was to materialise, maybe:

30% premium from 295p = 385p + 3.5p dividend = 388.5p

[penciles2] 23/8/2021 08:31

M&S must be next in line

[loganair] 23/8/2021 08:22

J Sainsbury PLC (LSE:SBRY) could be the next among the big UK supermarket groups facing bid interest from private equity companies after Wm Morrison Supermarkets PLC (LSE:MRW) last week agreed an offer from US private equity group Clayton, Dubilier & Rice.

The US buyout firm Apollo is exploring the possibility of a bid for Sainsbury’s, according to the Sunday Times. The newspaper said Apollo has been scouring the industry for targets after being outbid for Asda by the the billionaire Issa Brothers last year.

[neilyb675] 23/8/2021 08:09

Sainsbury's could be next on the shopping list for private equity predators as the £7billion Morrisons deal puts the spotlight on UK supermarkets.

Major American buyout group Apollo is thought to be among the firms eyeing up Sainsbury’s, Britain’s second-largest grocer.

[dipa11] 23/8/2021 08:09

As posted on 22nd July 21It was clear that Shorting increased to 9% and price was steady Today now picture is clear why Shorting increased at that time Good luck to long time holder

[rolo7] 22/8/2021 21:19

These supermarkets don't want to show the amount of cash and debt reduction on their balance sheets to customers so taking them private a good idea. I wonder if we will see the accounts for mrw and sbry as a public company again. Any buyer will use the company cash to buy the company, don't forget Argos card repayments due from customers is the hundreds of millions?

[loganair] 22/8/2021 19:48

Sainsbury’s could be next in line for private equity interest - With Morrisons already in a bidding war, UK supermarkets are attracting returns-hungry investors:


Sainsbury’s could be on the shopping list of private equity outfits as the race to buy Morrisons highlights the attractiveness of the big supermarket chains to investors.

After Morrisons, the most obvious target for a financial buyer is Sainsbury’s. The US buyout firm Apollo is taking an “exploratory” look at company, according to the Sunday Times. Apollo has been scouring the industry for targets after being outbid for Asda last year, it said.

Shares in Sainsbury’s have already surged 30% this year on the back of bid speculation. That started in April when the Czech billionaire Daniel Křetínský raised his stake in the company to nearly 10%.

However when asked last month if the Sainsbury’s board was in talks with potential suitors its chief executive Simon Roberts said: “If we had anything to update on we would be updating on it.”

Both Sainsbury’s and Apollo declined to comment.

[arja] 22/8/2021 15:17

but uptrending pattern in chart and more in this one . But I wonder how much of recent rise is attributable to takeover prospects ?

[spob] 20/8/2021 13:00

regarding those total liabilities mentioned above

ignore the term "adjusted net debt"

it means nothing

as it does not include all liabilities


need to look at 'ALL' liabilities

[spob] 20/8/2021 12:55

If anyone thinks sainsburys is good value

then seriously they need to start looking very closely at ALL of the liabilities on the balance sheet

that combined with the pension funds power to throw spanners in the works makes the idea of anyone buying this company seem very daft

but just my opinion


but at the same time have to always remember there are no shortage of idiots in this world

which sometimes includes hedge funds with billions of dollars to throw down the drain

so anything is possible i guess, no matter how stupid

[spob] 20/8/2021 12:41

The pension fund owns Sainsburys, as far as i can remember

I think anyone trying to buy Sainsburys, can't really do much in terms of extracting value from properties etc because of this


please do your own research

etc etc

Lol

[loganair] 20/8/2021 11:28

i3 - Out of the 4 major supermarkets Sainsbury's owns the least percentage of freeholds of their supermarkets, distribution centres etc.

I understand Morrison and Asda own circa 75%, Tesco 55% and Sainsbury's around 35% to 40%.

[pjleeds] 20/8/2021 10:54

Not as many as morrisons

[imperial3] 20/8/2021 10:46

Does Sainsburys own all its sites?

[rolo7] 20/8/2021 08:54

mks profit upgrade read across for sbry and tesco more likely in terms of clothing sells.if mrw is worth 7bn to the buyers whats sbry worth? 10bn?

[dipa11] 20/8/2021 08:42

Due to the bidding war for morrison. Shorting will closing the fastest ways that maybe result too improve share price for sainsbury Plus look at the price for Marks and spencer

[dipa11] 19/8/2021 17:12

Once again Shorting reduced to 5.91% today One step towards the reduction of short Good luck to long time holder

[dipa11] 18/8/2021 17:58

Shorting reduced to 6.01% today One step towards the reduction of short Good luck to long time holder

[loganair] 17/8/2021 14:11

The latest take-home grocery figures from Kantar show sales fell by 4.0% year-on-year during the 12 weeks to 8 August as consumers continued to return to pre-pandemic shopping habits, making smaller but more frequent trips to the stores. However, in the last month, sales declined more slowly by 0.5% and the data shows that Covid is still having an impact on people’s spending as grocery sales remain 9.9% higher in the latest 12 weeks than in 2019.

Kantar’s data suggests just over 20% of the population bought groceries online in the latest four weeks, the lowest level since October last year, while the share of grocery sales made online now stands at 13.0%, down from a peak of 15.4% in February.

This shift away from online contributed to Ocado’s sales falling by 0.7%, its first decline on record. McKevitt said.

Looking at the performance of individual retailers, Waitrose was the only grocer to increase sales in the past 12 weeks, with growth of 0.6% as it attracted 365,000 more shoppers than it did last year. The retailer expanded its market share by 0.2 percentage points.

Tesco’s share of grocery sales also increased by 0.6 percentage points from 26.6% to 27.2%, its largest year-on-year share gain since 2007. Sales were bolstered by its premium ‘Finest’ range, which rose by £29m


Sainsbury’s share nudged up by 0.3 percentage points to give it 15.2% of the market.


Asda’s edged down to 14.2% despite a 17% jump in the number of shopping trips to its stores compared with last year. Meanwhile, Morrisons share dipped to 10.0% after its sales fell by 6.2% against its strong performance last year.

Meanwhile, Aldi and Lidl both gained market share again. Aldi now holds 8.2% of the market and Lidl 6.1%.

Co-op and Iceland, two of the standout performers of the past 18 months, saw their sales fall year-on-year.

[quepassa] 13/8/2021 08:52

Two-and-a-half year High.

And gaining altitude fast.

Last time Sainsbury was over 300p was back in December 2018. - And only briefly for a few months.

Still currently shorted to 6.12%.

The disclosed short positions must be feeling the pain by now. And there are some houses which can withstand the heat much less than others.

Disclosed shorts (over 0.5%)as at 12/8/21

Blackrock 2.29%
KPS 0.68%
Marshall Wace 0.89%
Pelham long/short master fund 1.59%
Third Point 0.67%


ALL IMO. DYOR.
QP