Sainsbury (j) Share Discussion Threads

[bountyhunter] 13/1/2023 07:29

Brokerages have unanimously recommended that J Sainsbury plc (LON:SBRY) be held.
by Roberto Liccardo January 12, 2023

[bountyhunter] 13/1/2023 07:28

Shorts also tracked here:

[bountyhunter] 12/1/2023 19:10

Yes that certainly helps. Retailers generally seem to be on a roll. I have a comparison chart for some of the non-food retailers on my Card thread and they have all being going up!

[dipa11] 12/1/2023 18:13

Https://www.shorttracker.co.uk/company/GB00B63H8491/

[philanderer] 12/1/2023 12:16

Barclays raises Sainsbury's price target to 285 (280) pence - 'overweight'

[bountyhunter] 11/1/2023 21:08

Still a 6% yield here, worth holding on to in my view and there's always the chance of that Asda / Morrisons style takeover as a bonus.

[chiefbrody] 11/1/2023 17:56

Thought it was a lot more. Maybe I calculated it when the share price was in the gutter a few months back though.

[bountyhunter] 11/1/2023 17:26

Sainsbury’s sales rise as people turn to its Argos chain amid strikes

Supermarket on track for profits at top end of forecasts after shoppers go ‘all out for big Christmas dinner’

[bountyhunter] 11/1/2023 17:26

duplicate deleted

[spob] 11/1/2023 17:18

Running a supermarket business for maximum return is easy

Senior management like to complicate things in order to justify their job positions


"Hey look at me, and my new way of thinking" etc etc


Lock up all the senior managers and throw away the key

problem solved :)

[philanderer] 11/1/2023 14:27

Sainsbury’s is defying its legion of doubters


The supermarket is outpacing its rivals when it comes to the volume of products going through its checkouts. Can Britain’s number two grocer keep it up during the tough yearahead?

[philanderer] 11/1/2023 14:24

Sainsbury’s sales rise as people turn to its Argos chain amid strikes

Supermarket on track for profits at top end of forecasts after shoppers go ‘all out for big Christmas dinner’

[philanderer] 11/1/2023 14:18

Sainsbury’s launches ‘biggest ever’ Aldi Price Match push

[tim 3] 11/1/2023 13:37

You are right I don't think there are any simple solutions.If they don't match Aldi ect then those customers who buy those products and then buy other higher margin products may not return.They have made cost savings but you only have to look at the size and design of a typical Aldi store compared with the huge aging typical Sainsbury's stores to see it's impossible to match them on costs.Have mixed feelings about online I agree the profitability when you look at all the costs involved can not be great but in this day and age can they really afford not to be in h that market Morrison's tried it years ago but relented eventually No easy answers here I feel.

[bountyhunter] 11/1/2023 13:23

New presentation:

[smurfy2001] 11/1/2023 12:53

Dividend should be maintained at least. Yield is 5%.

[spob] 11/1/2023 11:52

If Sainsbury's really cared about higher margins, they would have moved out of their expensive london head office years ago.

Also they would have ceased profit-less online grocery operations.

[smurfy2001] 11/1/2023 11:42

Waitrose are actually cheaper in some cases than say Ocado.

[bountyhunter] 11/1/2023 11:20

But gains in market share, a record Christmas and profits expected to be towards the upper end of guidance.

[pierre oreilly] 11/1/2023 10:56

The thing is chief, sbry have to match aldi in 300 products, yet aldi have extremely low costs.

Ditto Tesco, Asda etc.

Waitrose just stupidly overprice everything they sell.

Sold all my grocer shares 3 years ago, purely due to aldi and lidl. Not tempted back in yet. Current times demand the pile em high sell em cheap.

If people want 100% price match to Aldi, then they'll go to Aldi. (albeit with their Waitrose plastic bags).

[chiefbrody] 11/1/2023 10:12

Who cares if lower sales. We want higher margins and control over/reduced costs.

[loganair] 11/1/2023 09:15

With inflation running at well over 10% and food inflation at circa 15% or higher, a very poor set of results with Sainsbury's selling less stuff than they did last year.

[smurfy2001] 11/1/2023 09:09

Supermarket giant Sainsbury's has reported record Christmas sales, after customers splashed out despite the cost-of-living crisis.

Overall sales were up by 7.1% in the six weeks to 7 January, the firm said.