Sainsbury (j) Share Discussion Threads

[muffinhead] 14/6/2022 16:47

Exactly PJ

Fat controller Bailey needs to hike the central bank interest rate on Thursday or Sterling will make new ALL time lows and further importing inflation.


It's no wonder British companies are being taken over by foreigners and private equity

ASDA, Morrisons....

Daniel Kretinsky 10% Sainsburys

My wet dream is for Metro international wholesaler (40% owned by Kretinsky), to merge with Sainsburys just like Tescos/Booker. Metro has no presence in the UK and the second largest supermarket chain would provide a huge market for foreign suppliers

[pjleeds] 14/6/2022 13:23

Just seen your post re. fat.spot on.

[muffinhead] 14/6/2022 13:05

High inflation expectations...

Folks to run into shops to buy stuff while old prices last

As Lidl says "When it's gone , it's gone"




High inflation expectations...

Cue Rail strikes and lots more as workers chase inflation and government money printing. It's a nightmare to control but supermarkets are a great cash flow business and people have to eat.

[thegreatgeraldo] 14/6/2022 12:11

What leaves me a bit baffled is that SBRY have presumably spent a lot of time, effort, & presumably money, building a basic range of foodstuffs which is the cheapest, bar none, yet they seem to keep it a secret!!


-basics such as sliced bread, pasta, porridge, tinned toms, baked beans.....

Obv a lot of advertising dosh behind the small number of lines that are price matched

[muffinhead] 14/6/2022 12:01

"I've got a good one for you today folks"

[muffinhead] 12/6/2022 12:53

Rapid food delivery primed to be the next victim of the ‘tech wreck’


After years of zero interest rate policy when anything could be possible to drive speculative manias, maybe some relief for Tescos and Sainsburys as reality hits private equity's more hairbrained investments

[muffinhead] 12/6/2022 12:49

Morrisons to sell £600m of fisheries and food factories


Ramp up the debt and city bonuses...just the start unfortunately

[muffinhead] 12/6/2022 12:44

Hard to believe that Just Eat got to a valuation of £19 Billion on ZERO profits.... to be precise, 4.5 billion Euros revenue and 1 billion Euro losses.

Deliveroo is another pile of City poo .....ZERO profits

ROO and JETJ charts

[muffinhead] 12/6/2022 12:42

spob...9 Jun '22
How much to fill an online grocery van with diesel ?

Page 161 and note 32 of annual report for fuel numbers
The Group uses a combination of purchasing agreements and financial derivatives
to hedge fuel exposures on a layered basis using contracts for difference. See note 32 for derivative disclosures.

[unastubbs] 10/6/2022 17:18

similar thoughts to you NYB, tho' it may take years...(unsure!) - but the dividend is useful and generous while we stick it out. my average price is 2.35 and I'm comfortable holding. bought some more tesco today also. read a great article in the economist last week about how different the US supermarket sector is to the UK. my interpretation is that there is no genuine read across in the crashing share prices of Walmart and Target for the two major quoted stores here.

[ny boy] 10/6/2022 15:04

On its knees but buying more, takeover will come but doubt more than 275/300o

[the_man_with_the_pink_gun] 09/6/2022 15:28

NO, SAINSBURY'S DEPOT LORRY.

[spob] 09/6/2022 15:20

How much to fill an online grocery van with diesel ?

[smurfy2001] 09/6/2022 15:18

Sainsbury's must be creaming it on fuel given the new highs

[frederickbloggs] 09/6/2022 15:06

A >6% dividend and very close to a year low. Is this stock a buy? I really can't decide! LOL!

[rolo7] 09/6/2022 14:01

Debs sbry finance charge will reduce to offset performance as debt has been repaid?