Sainsbury (j) Share Discussion Threads

[loganair] 02/3/2022 15:50

Asda owners Issa brothers in prime position to buy Boots in possible £6billion takeover.

The super-wealthy brothers behind Asda, Mohsin and Zuber Issa, face far less competition to buy pharmacy Boots after a team of other investors pulled out of the bidding.

[scaff55] 23/2/2022 08:22

The trading day ? Ground hog day, fixed.

[oracle14] 20/2/2022 18:45

Maybe it is because a important resistance level at 377/8 sits above…while price continues to sit exactly 100 below…I think just on that basis I will continue to hold…giro be in to win!!!!

[spob] 17/2/2022 16:01

If your car runs poorly if the petrol has ethanol in it, watch this video.

[philanderer] 15/2/2022 11:27

It's amazing how many continue to buy these !

[m_kerr] 11/2/2022 16:10

any shareholders here would do well to read this article by the footnotes analyst, quote at the end of my post here.

there are huge lease liabilities here, many with RPI uplifts decades into the future, so their lease liabilities will be marked upwards at quite a clip. no wonder they were so keen to buy back a portfolio of a dozen or so stores a few months back.

'The capitalised lease liability of an inflation-linked lease does not include expected inflation. This results in a lower liability and lower initial expense compared with an equivalent lease with no inflation link. The IFRS 16 figures are updated as the inflation uplift occurs, but these catch-up adjustments create a profit ‘headwind̵7;.'

[scaff55] 11/2/2022 09:04

They know were shareprice will be at the end of trading day, before the market opens

[scaff55] 10/2/2022 08:12

Again share price starts positive but we all know where it's going too, Bored to death , fixed ?

[scaff55] 09/2/2022 16:15

Bored to death being in this share, just down everyday no logic just MMs decision to take lower.

[spob] 09/2/2022 13:54

I hate shopping in Sainsbury's

So i get them to do it for me

for £1

haha

[philanderer] 09/2/2022 12:46

arja, I hold both.

I reckon it's the Argos burden weighing on SBRY. I also like to shop at Sainsbury's. They're in the middle of incorporating an Argos click&collect area in my store. Also expanding the home delivery area for the vans.

[abergele] 09/2/2022 12:41

Barclays raises J.Sainsbury, future to "overweight"
a new price of 320,,from 305p,,so they have put forward..gl all holders..

edit,
someones angry with Sainsbury's.I see,
they .did'nt take long to mark me and others down.

edit/2,
quite right Philander
they are the same in Rhyl/Rhuddlan store,,quite busy delivering around here too ,
along the coastal plain towns

[arja] 09/2/2022 10:50

TSCO has retraced to up chart trendline today and up a bit with nice looking chart - I wish i held a few tesco and not this dog although I like to shop at SBRY .

[arja] 09/2/2022 10:47

kicking myself for keeping a few when I partially exited some time ago . what a dog it is and heading for 270 chart support level again and hopefully it will stop falling then. i think I will sell on any few pence bounce .
Analyst's tip is often the kiss of death ! :)

[philanderer] 09/2/2022 10:13

Not making one jot of difference..

'Barclays raises J Sainsbury price target to 320 (305) pence - 'overweight''

[philanderer] 09/2/2022 10:09

Walked away by the look of it.

Another kicking in the b*ll*x for SBRY today.

[spob] 08/2/2022 15:16

What happened to the folks running the slide rule over a bid for Sainsbury ?

Did they break their slide ruler ?

[philanderer] 07/2/2022 11:57

TSCO and MKS going the wrong way too. Could be down to the TSCO fella talking of sharp price increases.

[arja] 07/2/2022 09:40

SBRY again disappointing and seems unlikely to recover in near future !

[loganair] 04/2/2022 21:58

Morrisons was the worst performing supermarket over the festive period following its private equity takeover.

Sales at the grocery chain totalled £3.1billion in the three months to January 23, down 8.5 per cent on a year earlier.

That was the biggest slump of any supermarket and raised questions over how Morrisons is faring in the wake of the £7billion takeover by Clayton, Dubilier & Rice (CD&R).

According to the report by research group Kantar, its market share fell from 10.4 per cent to 9.9 per cent over the year.

Asda, which is also backed by private equity, did only a little better.

Sales fell 5.3 per cent over the same period while its market share fell from 14.6 per cent to 14.4 per cent.

Tesco grew its market share over the year, taking a 27.9 per cent slice compared with 27.3 per cent a year earlier. Sainsbury’s saw its market share at 15.6 per cent.

The figures added to fears private equity barons would be bad stewards for Morrisons and Asda, hiking prices and harming the companies’ reputations.

The Kantar figures followed data revealing the two private equity-owned supermarkets were increasing prices ahead of rivals.

Retail analyst Richard Hyman said: ‘I think private equity owners generally want a quick return and that is fine as long as it does not impinge on the company’s trading. But you have to ask – has it been the right time to become less price competitive versus Tesco?

‘That is what seems to have happened. And I suspect it is not the right time to be less price competitive than Tesco.’

Kantar head of retail and consumer insight Fraser McKevitt said supermarkets that fail to keep prices down could lose out to rivals.

[m_kerr] 03/2/2022 16:26

if i was invested here, i'd be looking closely at the impact of high RPI inflation on profits. the other end of the stick is that their remaining freeholds are now being valued in the region of 4% net initial yields, meaning 20-25% increases in capital values over the last 5 years.

on equal pay, i'm not sure the claimants have a case. there are a number of reasons why pay may be lower for supermarket based workers - often zero commuting costs, bright and airy environment, no qualifications etc. cd&r who bought morrisons would have hired legal experts to thoroughly review the case before deciding to buy. if there was something they'd need to worry about they probably would have pulled out.

[pjleeds] 01/2/2022 16:17

Looks a bi fkd to me

[loganair] 01/2/2022 15:59

Being reported that Tesco's are making record profits - what about Sainsbury???