Sainsbury (j) Share Discussion Threads

[loganair] 18/8/2019 08:37

I truly hope Sainsbury's are looking to an outsider to replace Coupe as the insiders have already proved themselves useless.

[muffinhead] 17/8/2019 22:05

Sainsbury’s kicks off search for boss Mike Coupe’s replacement

[adrian j boris] 17/8/2019 17:24

leave it to you

what you glean from the above

retail more risky these days


good luck

[adrian j boris] 17/8/2019 17:22

Mean consensus HOLD
Number of Analysts 19
Average target price 233,58 GBp
Last Close Price 182,50 GBp
Spread / Highest target 50,7%
Spread / Average Target 28,0%
Spread / Lowest Target -1,37%

[adrian j boris] 17/8/2019 17:21

Summary

The company usually posts poor financials for mid or long term investments.
The company has solid fundamentals for a short-term investment strategy.

Strengths

The close medium term support offers good timing for purchasing the stock.
The stock, which is currently worth 2020 to 0.18 times its sales, is clearly overvalued in comparison with peers.
With a P/E ratio at 9.95 for the current year and 9.28 for next year, earnings multiples are highly attractive compared with competitors.
This company will be of major interest to investors in search of a high dividend stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.
Low profitability weakens the company.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
For the past year, analysts have significantly revised downwards their profit estimates.
The underlying tendency is negative on the weekly chart below the resistance at 238.8 GBp

[adrian j boris] 17/8/2019 17:19

Moving Averages analysis

Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.

Bollinger Bands Analysis

SBRY.L has closed above bottom band by 15.9%. Bollinger Bands are 35.9% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

[adrian j boris] 17/8/2019 17:17

Last Signal: STAY IN CASH
Last Close:
182.50
Change:
+5.40
Percent change
+3.05%
Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 26/07/2019, 21 days ago, when the stock price was 200.39. Since then SBRY.L has fallen by -8.93%.
Market Outlook
The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected.

[poikka] 17/8/2019 17:14

Keep on talking it down, boys. Anybody actually read the Finals? Of course you have, but hey, try seeing what effect an extra 0.5% on the margins would have - could go the other way, I suppose.

[loganair] 17/8/2019 17:03

And wanting to be a show boat and in the limelight....look at me, look at me says Coupe.

[tim 3] 17/8/2019 17:02

I have paid off the mortgage have enough money to buy food pay the bills go out a few times a week and go away three times a year.Am certainly not rich but earning a larger wage has little motivation to me unless I really wanted the job.You are right it's all greed.

[imperial3] 17/8/2019 16:01

Coupe is certainly in the money.On the pay he is on,he has no financial worries,compared to ordinary working people.The rub is what is he going to do for Sainsburys now? The buck stops with him.

[essentialinvestor] 17/8/2019 15:34

Very astute call.

[smurfy2001] 17/8/2019 15:28

Waiting for 150p not a penny more. Was glad to be out as soon as possible when merger was announced.

==

smurfy2001
30 Apr '18 - 08:18 - 18773 of 20310 Edit
Flipping iWeb could not sell at the highs. Got out at 3.145p. Oh well out with a profit. Finally out of this terrible under performer 100%.

[loganair] 17/8/2019 15:21

It is called 'Greed' and 'Power' and looking to be in the Limelight, being put on a peddle stool.

[tim 3] 17/8/2019 14:52

I honestly can not understand how anyone earning nearly £4m a year would still be motivated by money I know I wouldn't be but accept I may be in the minority there lol.

[loganair] 17/8/2019 13:42

This is what was said after the Asda merger failed to get through:

'Fundamentally the business has lost its way and doesn't know how to make its proposition stand out in a crowded market,' says AJ Bell's Russ Mould. 'Customers vote with their feet and shop elsewhere.'

'Sainsbury's needs to re-establish its place in an increasingly polarised market,' says William Hall from brand specialist Landor.

[loganair] 17/8/2019 13:35

As CEO of Sainsbury's Coupe has had far more failures than successes.

what can Sainsbury's do?

There fixed costs are rising and there are limits to how much cost Sainsbury's can take out.

As I see it, one of the big problems Sainsbury's has is 'structural,' they are still running the supermarket group as though they were back in the 1970s and 1980s and have not adapted to the ever changing market place.

[essentialinvestor] 17/8/2019 13:18

Coupe is a SBRY lifer, doubt the man has a care in the world in financial terms.

[konradpuss] 17/8/2019 13:12

Oh! and Tesco did the elegant and financially savvy deal by buying Booker.

[loganair] 17/8/2019 13:06

Coupe is only concerned with his continuing pay pack and company contributions to his pension. He doesn't really care about Sainsbury's, just himself and what he can get out of being CEO of Sainsbury's.

Who could Sainsbury's tie up with? Iceland Foods, Co-op?.

Under Coupe, Sainsbury's have tried and failed to buy Nisa bought by the Co-op, they tried and failed with Netto, they tried and failed to merge with Asda.

McColl's and Amazon are tying up with Morrison's.

M&S have done a foolish deal for them with Ocado.

Waitrose is a completely different class to Sainsbury's.

[imperial3] 17/8/2019 12:30

Surely Coupe must be concerned by his declining market share,and persistent erosion by discounters.He just cannot ignore this,and bury his head in the sand.Is there any mileage in a tie up with somebody else, without ruffling the feathers of the CMA? If so whom I wonder?

[essentialinvestor] 17/8/2019 12:02

Was tempted to have a few MRW this week on the dip sub £1.80,
but read the last Kantar update and that looked week for Morrisons.
Still think Amazon might bid there at some point.

[loganair] 17/8/2019 11:36

Sainsbury's, Tesco and Asda are going to continue to lose market share, to lose a further 4% market share to Aldi/Lidl no matter what they do.

Can Sainsbury's gain any market share from Tesco, Asda or Morrison? That seems to be the real question.

Morrison's seems to be in the best position doing deals with both Amazon and McColl's convenience stores.

Apart from saving money bringing Argos into Sainsbury's stores to fill up space and closing stand alone Argos's, being a low margin business it seems to me Sainsbury's buying Argos was not a very good deal on the part of Sainsbury's....it was just a deal that made Coupe look good and brought him into the limelight.

[poikka] 17/8/2019 11:29

Agreed Essential, it's not the value of a standalone Asda, but the value in a combined supermarket.

I think that the share price reaction said it all.

Certainly, growth will be hard to come by, Tim, but once the major upgrading programme is complete, the cashflow will be good.