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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sainsbury (j) Plc | SBRY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.80 | -0.29% | 274.80 | 15:48:21 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 276.60 | 274.20 | 277.40 | 275.60 |
| Industry Sector |
|---|
| FOOD & DRUG RETAILERS |
| Top Posts |
|---|
Posted at 12/10/2024 10:12 by loganair In real terms for the QIA to have broken even the Sainsburys share price would need to be around £10 with a dividend of circa 50p per share.Investing in many UK companies, in real terms and often even in nominal terms the investor loses money each and every year therefore what is the point of investing in UK companies and in the UK in general? |
Posted at 11/10/2024 19:45 by spob ." the investor sees the supermarket now entering a new phase of its life " They are selling. So we can all translate what that means. HaHaHaHaHa |
Posted at 11/10/2024 13:04 by schofi2 Dan Coatsworth, investment analyst at AJ Bell, noted that prior to the transaction, QIA owned 14.2% of the supermarket chain."The Middle Eastern investor has a reputation for backing financially strong companies across a wide range of industries. While it invests with a long-term view, like any asset manager it does make changes to its portfolio from time to time. QIA has been trimming stakes in other holdings of late, including Barclays, Shell, Vinci, Iberdrola and Accor. In contrast, it has been increasing positions in the likes of OQ Gas Networks, Kingdee International Software and Haleon," he said. "QIA first invested in Sainsbury's in 2007 and at one point owned approximately a quarter of the group. Sainsbury's share price last year bounced back after a difficult period, helped by the company making good strides with its food-first strategy. Like rivals Tesco and Marks & Spencer, Sainsbury's seems to have found the right recipe for success and has been fighting off competition from weaker rivals Asda and Morrisons to take market share. "QIA might feel that now is a good time to trim its stake in Sainsbury's, selling into a market where other investors have become more interested in the supermarket. The fact it managed to offload a large chunk of shares at only a 2.8% discount to last night's closing price implies there was decent demand. "QIA selling down following a string of upbeat results and trading updates from Sainsbury's would suggest the investor sees the supermarket now entering a new phase of its life. That's often the point at which an investor also reassesses their commitment to a stock, so selling down shouldn't represent any concerns about the health of Sainsbury's. However, the fact the stock has fallen below QIA's placing price does suggest that some investors have been spooked by the news, wondering why the biggest shareholder is reducing its position at this point in time." |
Posted at 10/7/2024 08:45 by loganair Traditional supermarkets battle Lidl and Aldi for market share by KATIE WILLIAMS:If you look at the share price history of the listed UK supermarkets, you will see that none of them have ever recovered their pre-2008 valuations. A big reason for that is the growth in popularity of Lidl and Aldi. The German discounters first arrived in the UK in the 1990s, but have grown enormously in popularity over the past decade and a half. They now have a combined market share of 18.1%, according to data from Kantar World Panel. This has hit Morrisons and Asda the hardest, according to Russ Mould, investment director at AJ Bell. He points out that both companies are “saddled with debt after their respective takeovers”. Mould adds that Tesco and Sainsbury’s are holding their own when it comes to market share, but suggests this doesn’t negate the impact the German discounters have had on their margins. He says: “Their margins are not expanding and remain in the low single digits, [revealing] how competitive this business really is.” Changing consumer habits have also created a more challenging environment for traditional supermarkets over the past decade. The UK has seen a shift away from the big weekly shop, as households instead opt for shopping little and often. This change in behaviour means consumers are more likely to visit several stores over the course of a week, shopping around for their favourite products and the best deals. The cost-of-living crisis has only accelerated this trend, as highlighted by a recent research report from the House of Commons Library. The report writes that “46% of adults in Great Britain reported an increase in their cost of living in March 2024 compared to a month earlier”, with 89% pointing to increased food prices as the main reason for this. It adds that 49% were shopping around more as a result, while 38% were spending less on food shopping and essentials. Have UK supermarket stocks delivered decent investor returns? Nevertheless, it isn’t all bad news. We’re now just over halfway through the year, and Tesco and Marks & Spencer have posted decent returns so far in 2024. Both stocks are up by around 5% year-to-date, broadly in line with the overall FTSE 100. Tesco paid a full-year dividend of 12.10p (a yield of 3.93%). Meanwhile, Marks & Spencer’s 3p dividend represents a yield of 1.03%. Sainsbury’s share price performance, on the other hand, has been pretty poor. It is down by around 14% year-to-date. The company announced a full-year dividend of 13.10p (a yield of 5.12%), but it is unlikely to be enough to entice investors given the poor share price performance. They can earn the same yield by simply putting their cash in the bank. Chris Beckett, head of equity research at Quilter Cheviot, says the supermarket remains “considerably smaller than Tesco, and in the high-volume, low margin world of food retail, scale is a critical factor and the ingredient for success”. Commentators also point out that Sainsbury’s non-food business (including Argos) has experienced a slowdown of late, and is letting the side down. Mould says: “It’s beginning to have a lot of similarities to the Marks & Spencer of old, running a two-pronged business with one engine constantly spluttering. Marks & Spencer has finally fixed its engine problem and is now racing away, which might give some hope to Sainsbury’s situation.” If interest rates fall later this year and inflation continues to slow, supermarkets will be hoping to see shoppers putting more items in their baskets. This could create a tailwind going forward. |
Posted at 02/7/2024 10:54 by philanderer Victoria Scholar, head of investment at Interactive Investor, said: 'Argos is struggling with the backdrop of weak demand given that its offering isn't a priority for cash strapped consumers at this time.'Sainsbury's boss even said consumers remain cautious when it comes to discretionary spending. 'Garden and home are also struggling amid the disappointingly wet weather and in the era post the pandemic DIY boom.' Chris Beckett, head of equity research at Quilter Cheviot, said: 'While Sainsbury's has demonstrated some positive trends, particularly in grocery, the overall thesis remains that in food retail, the bigger businesses are generally better positioned to reap the benefits due to economies of scale, hence we prefer Tesco.' Scholar of Interactive Investor, said: 'Investors have had a tough time with the stock, which is down around 16 per cent so far this year, compared to Tesco up over 4 per cent. 'And they have failed to get enthused by the supermarket's mixed performance today, with the stock shedding around 4 per cent. |
Posted at 22/4/2024 22:00 by loganair Jefferies upgraded its stance on a host of UK retail stocks on Monday - Marks & Spencer, Next and Sainsbury's were all upgraded to 'buy' from 'hold'.On Sainsbury's, the bank said fears around an excess capex burden limiting free cash flow upside have provoked intense investor concern since the capital markets day in February. "We believe this overstates the risks and overlooks the positives emerging from the most supportive competitive backdrop in UK grocery in decades," it said. "SBRY in particular have outlined a multi-pronged approach to capitalising on this situation. As we noted after the CMD, the plan is to enable margin expansion through volume growth and opex control. "All of which offer substantial upside to FCF, which we see at a cumulative £1.8bn over the next three years versus guidance for 'at least £1.6bn'." Jefferies has a 300p price target on the shares. |
Posted at 22/4/2024 15:47 by pirates4 I want to optimistic here, the way the economy is back on the move, sainsburys is outperforming rivals . Its quite possible to trend upwards at this moment in time, could be a eye-catcher for investors to hold for long term.jmo. and d.y.o.r comes with risks. |
Posted at 28/3/2024 06:27 by unastubbs The TimesInvestors looking to pile their baskets high could do worse than consider shopping for Sainsbury’s, analysts at UBS have decided. The Swiss bank upgraded the supermarket to “buy” after concluding it was cheaper than Tesco. UBS said that Sainsbury’s had been consistently increasing its prices at a lower rate than its peers. Last month Sainsbury’s, which is Britain’s second-biggest supermarket with a 15.2 per cent market share, set a new cost savings target of £1 billion over the next three years. Sainsbury’s believes this will boost returns for its shareholders and UBS is in agreement, as the bank lifted its earnings forecast for the supermarket. Sainsbury’s pledged to shareholders that investments in technology and automation would improve its efficiency. UBS believes this will drive an increase in profit margins and thinks the supermarket will report underlying profits ahead of market consensus in its annual results. Analysts at UBS said the market had not taken into account the cash returns produced by Sainsbury’s and its margin recovery over the past few years. The bullish note boosted shares in the supermarket, which ended the day up 9½p, or 3.6 per cent, to 272p |
Posted at 04/2/2024 10:08 by loganair Interesting what is being said about Morrison's...."The ultimate goal is clearly to restore the profitability and dividends for the company's private sector investors. Forecourts, city centre convenience stores and acting as wholesaler operators of smaller stores is part of the plan. But the ultimate goal must be to fatten up Morrison's for an eventual return to listed markets." So far the private equity owners have sold and leases back Morrison's Manufacturing, warehouses and distribution centres and is about to sell all its petrol forecourts and freehold of their EV charging areas. Then like with Debenhams or Woolworths after asset stripping, pay a couple of years of huge dividends to its private equity owners via taking on more debt then guess what relist Morrison's. |
Posted at 18/11/2023 13:09 by anhar Skinny: Some of the Sainsbury's offers are getting slightly ridiculous, with 'proper prices' being fairy tale...Tesco has long been like that where the loyalty card prices on many products are lower than the stated full amount. But considering that the great majority of Tesco shoppers will be cardholders anyway, for them the card price is the real price and the ostensible discount to some higher figure that they'll never have to pay is just a marketing gimmick of no benefit. Incidentally I don't belong to that school of investors who base their decision on personal experience of the company, especially retailers and their local store. Imo this is likely to be very misleading so for me it's all about the numbers, the fundamentals, not whether I might prefer SBRY sausages to TSCO ones etc. |
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