Sainsbury (j) Share Discussion Threads

[loganair] 31/5/2022 15:15

"BRC assistant director of food Andrea Martinez-Inchausti said: “Supermarkets are focusing on delivering the best value for their customers in the face of intense inflationary pressures." - No, a public listed supermarket should be focusing on delivering maximum returns to the shareholders as we are the owners of the company and many shareholders need the highest dividend possible as they too face intense inflationary pressures.

[muffinhead] 30/5/2022 17:49

Platinum Jubilee Events: 70 Years of Queen Elizabeth on the Throne

[muffinhead] 30/5/2022 17:29

"Office for National Statistics (ONS) revealed that budget ranges have increased in cost by as much as the average grocery shop with both jumping by between 6pc to 7pc in the 12 months to April."





Inflation numbers published today for Germany. Food 11.1%
Safe to say Lidl and Aldi all over Europe will be raising prices.




Food and Energy inflation is ingrained at all levels of the supply chain


UK food inflation, long term chart to April 2022




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[chiefbrody] 30/5/2022 12:57

Even a 4% dividend soon cannot raise this from the dead.Real bottom drawer stuff again this.

[philanderer] 30/5/2022 00:08

'Sainsbury’s commits to further price-cutting as shopper concerns grow'

[tuftymatt] 25/5/2022 19:31

Nice to see you in this one again smurfy2001 and good luck.

[chiefbrody] 25/5/2022 16:28

Can't argue with the numbers.Sentiment and charts is terrible though. Sub 200p it could go. Somebody take this private. Please.

[smurfy2001] 25/5/2022 16:19

Decided to add this back to the portfolio after years of being away @ 231.80, yield of 5.6% attractive and 9.9p dividend to be paid 15th July 2022 ex dividend 09 Jun 2022.

Last time l was in here l sold at 314.5 on 11/05/2018.

Therefore hoping for a nice return.

[tuftymatt] 19/5/2022 09:59

If it is 20% as you say then my concern is with those and the others that are falling into that category which will increase the percentage rate. There are going to be millions of innocent victims out there as time moves on.

[loganair] 19/5/2022 09:52

My son's paper round is round the local council estate or social housing as it is now called.

England are playing away, football, the Spar in the local parade of shops couldn't keep up with putting out the alcohol as man after man was going in buying it up as fast as being put out.

I would say only circa 20% in this social housing estate are what I consider as low income, poor the rest are just very high expenditure people who spend much of the day consuming.

And yes, I agree this 20% have my sympathy too and need assistance while the rest, the other 80% do not have my sympathy at all.

[tuftymatt] 19/5/2022 09:22

No doubt there are plenty out there like that but my concern isn't with them.

Money management of disposable income is something we all need to manage ourselves but those that don't have disposable income anymore and are struggling to feed themselves and their families will always have my best wishes and help where I can.

[loganair] 19/5/2022 09:09

Less socialising by many will be needed, less going to Starbucks or costa coffee, no more buying unnecessary 72" TV's or the latest smart phone, stopping their many subscriptions to the likes of Netflix will save the average person circa £600 per month.

And also drastically cut back on buying throw away fashion from the likes of Primark, buying enough clothing that would last me a life time which how ever only lasts these shoppers the season as often only wear once or twice then throw the item away.

[tuftymatt] 19/5/2022 07:10

loganair,
The inflation in agriculture is already over 30% and this hasn't really been passed on yet according to a report I saw on the BBC the other day. They anticipate this will start to hit food prices come the autumn just as the next energy price cap is due to go up too!!

There is no doubt things will be very tough for so many in 5 months or so and I dread to think how those suffering today will be by then.

It's terrible when you see food banks in the UK that historically have shipped 80% of donations to eastern Europe / Africa are now providing that amount to their local UK community!! If donations drop, which they will do and local demand rises then there will be a lot of very hungry / starving people out there this winter.

[rolo7] 18/5/2022 22:32

Big share volume at close!

[loganair] 18/5/2022 21:45

I've been hearing that food in put prices for the food retailers is rising by between 18% and 40% and sooner or later they'll have to pass much of this on to their customers.

With the cost of fuel these days, is it really worth driving an extra 5 to 10 miles just to shop at an Aldi or Lidl instead of Sainsbury's.

Our local Waitrose is a busy as ever with no one complaining about the increase in the cost of living.

[westdean] 18/5/2022 21:21

Higher interest rates, tighter money supply, soaring inflation, tougher financial conditions for an average grocery shopper, aren't all these factors going to conspire to drive people away from the likes of Sainsbury to no-frill retailers such as Aldi, etc? Where is the case for being long in Sainsbury? Regardless of what the true underlying value of this stock is, is it wrong to assume that the share price would continue to suffer in the current climate? I would welcome any useful constructive comment from anyone. So please do not be bashful or inhibited, get posting. Your views and sentiments are very important. It is precisely these that, for better or worse, drive the market.

[yf23_1] 17/5/2022 23:13

Poor capital expenditure versus depreciation according to IC.

[loganair] 17/5/2022 15:51

Sainsbury's cannot match Tesco, says Barclays:

On a price/earnings basis, Tesco is seen as more expensive than Sainsbury, however Barclays believes Sainsbury’s will return no surplus cash to shareholders until at least 2024/25, and sees no way it can match Tesco’s cash yield for the next three years.

[yellowstoneadvisory] 13/5/2022 12:02

Yellowstone Investor Webinar.
James Collins, Director of Investor Relations at Sainsbury’s plc will present a full overview on the company, its strategy and the outlook for the coming year. The preliminary results were announced on the 28th April which reported volume growth of 4.2% ahead of other other Big 4 supermarkets and a 25% increase in underlying profit before tax. There will be a Q&A session at the end where you can ask questions.
Wednesday 1st June at 1pm
Register:

[philanderer] 13/5/2022 10:32

fwiw

HSBC cuts Sainsbury price target to 240 (315) pence - 'hold'

[loganair] 13/5/2022 09:40

Another lot of share options for useless directors.

Personally I would like to see far stricter and higher criteria's needed in order for directors to be issued with shares from their share options, such has 10% increase in profits per year and 10% increase in margins per year rather then being based say for example on the share price which can easily be manipulated.

[rolo7] 13/5/2022 08:01

nice bonus for director share options last night 2.7million shares totaling over 6£million worth.

[ny boy] 13/5/2022 07:48

Yeah, that’s about it Tim and hold for an eventual takeover.. within the next 10 years!