Sainsbury (j) Share Discussion Threads

[leadersoffice] 13/4/2021 06:50

I do think one of these supermarkets needs to be swallowed up. Asda seem to be in the early stages of a major reorganisation that could allow them more share of the grocery market here in the UK. Sainsbury's seem to be flagging. Morrison's has a strong brand north of Watford. You'd think it would be the latter that would be swallowed up. Maybe a merger between Tesco & Sainsbury's in the future? to be continued...

[loganair] 07/4/2021 14:29

During the most recent lockdown, Aldi and Asda have led the way in attracting more new customers in-store and online than other leading supermarkets, according to new research from shopper insights specialist Shoppercentric.

When asked which grocery retailer they had used for the first time ever during the latest lockdown, 7% said Aldi, 6% said Asda and 5% said Tesco. Only 4% of those surveyed said Lidl or Sainsbury’s, whilst just 2% said Morrisons.

Whilst the figures for Tesco and Sainsbury’s may be understandably lower due to the sheer number of people who had previously visited one of their stores, the data shows Aldi being the most successful of the others in attracting shoppers looking for money-saving deals.

[loganair] 06/4/2021 12:34

Kantar's latest figures show:


Iceland's market share is back down from it's lock down highs to pre-covid levels.

Co-Op has fallen from it's lock down high of 7.2% market share to below pre-covid levels.

ASDA's market share is now above pre-covid levels while Sainsbury's is still lagging 0.5% below pre-covid levels.

Ocado is still 0.4% above pre-covid levels while Symbols and Independents are 0.7% below their lock down covid highs.

[the_man_with_the_pink_gun] 30/3/2021 08:58

MARKET CORRECTION IMMINENT

[loganair] 29/3/2021 15:00

Scottish Mortgage manager and leading tech investor James Anderson has joined the chorus of asset managers shunning the Deliveroo listing.

Anderson, whose portfolio has chunky stakes in other food delivery platforms, said he would not participate in the Deliveroo floatation because its model is heavily reliant on London.

Anderson’s scepticism follows the rejection of the IPO by a host of UK fund giants, over concerns about the firm’s working practices.

Specialist ESG fund house EdenTree became the latest UK fund manager to reject the impending floatation, describing Deliveroo as the ‘antithesis of a sustainable business model’.

The company today knocked back the top end of its valuation expectations, from a previous range of 390p to 460p to between 390p and 410p. That brought its maximum market cap down from a previous high of £8.9bn to £7.5bn.

[loganair] 26/3/2021 10:32

A group of UK fund giants have indicated they will not be taking a bite of Deliveroo’s £8.8bn IPO as concerns mount over the firm’s working practices.

A combination of lack of investor power and poor working conditions for its delivery riders has turned BMO Global, Aberdeen Standard, Aviva Investors, L&G, CCLA and M&G off the fast food delivery company.

The concerns came as a study from the Bureau of Investigative Journalism found Deliveroo’s delivery riders were receiving less than the minimum wage after analysing 3,000 invoices from more than 300 riders over the past year.

Shareholder lobby group Pirc described the findings as concerning. ‘Investors considering taking a position in Deliveroo should familiarise themselves with these matters and the risks and responsibilities involved along with all other relevant factors,’ head of stewardship Tom Powdrill said.

Ticking time bomb:

BMO director of global equities Phil Webster said that Deliveroo faces significant competitive pressures, drawing attention to potential regulatory changes which could impact the firm’s profitability path, making it a ‘ticking time bomb’ and ‘uninvestable’.

‘Deliveroo faces significant pressure from the market leader, Just Eat Takeaway, which is investing heavily to improve its restaurant coverage and delivery proposition, through an “employed rider” model.’

‘We also see headwinds to Deliveroo’s revenue growth as we exit lockdown and customers return to dining out in restaurants. These revenue risks are further compounded by the issues around workers’ rights and a potential regulatory change, which would hamper its path to profitability.

Sustainability:

Aberdeen Standard Investments UK equity head Andrew Millington also categorically said his firm would not be taking part in the IPO. Governance concerns also leave him questioning the sustainability of Deliveroo’s business model.

‘We will not be taking part in the Deliveroo IPO as we are concerned about the sustainability of the business model.'

While M&G recognises the disruptive impact Deliveroo has had on the food services market, it also intends to give the IPO a wide berth.

The fund firm’s head of corporate finance and stewardship, Rupert Krefting, told reporters. ‘Whilst we acknowledge the disruptive impact that Deliveroo has had on the food services market, we still see risks to the sustainability of its business model for long term investors,’ he said.

‘This is largely driven by the company’s reliance on gig-economy workers in the UK as informal employment contracts potentially fall short in offering the value, job security and benefits of full employment.’

The concerns of these influential investors casts a shadow over one of the biggest London floats for a home-grown tech company.

[loganair] 21/3/2021 11:41

On-line shopping is not Green as it leads to strongly individualised customer demands for broad product range with many variants and a constant out put of new products.

The average product life cycle in the 1970's was 7 years, by 2000 had shrunk to 3 years and today just 2 years.


The message being pushed on people is to consume more - that consumption is good and saving and mending is bad, low to non-existant interest rates to encourage people to borrow more money and therefore to spend more money on consumption and to continually buy the latest product.

Sainsbury's seems to be more and more about selling more stuff, more cheaply thereby continually reducing their margins which reduces their profits, instead of selling less stuff at increased margins to increase their profits.

Sainsbury's had their highest profits in the 1970's to 1990's when their margins were over 7%. 7% margins on £15bln turn over is more profit then 1.5% margin on £25bln turn over.

Therefore I would be far more happy for Sainsbury's to reduce their turn over if it means much higher margins rather then to go for market share by reducing margins to increase turn over thereby reducing their profits.

[chiefbrody] 20/3/2021 10:23

6 month chart looks very pretty. What will happen when (if) this passes 250p.

[poikka] 16/3/2021 18:09

Supermarkets selling a meal deal that when cooked results in underdone chicken?

Ain't gonna happen, so I wouldn't take any notice of 'MyLondon's link.

[loganair] 16/3/2021 17:29

'I compared Amazon's new meal deal to Morrisons and Sainsbury’s and one stood out' - John James - MyLondon

[netcurtains] 15/3/2021 19:52

spod: If your prediction is true will that be good for Sainsburys or bad or neutral?

[spob] 15/3/2021 19:48

I said before that I predict total UK online grocery spending over the last 12 months will be the peak and will never be surpassed when adjusted for inflation

meaning that total uk market share of online grocery spending will never be higher than it has been in the last 12 months

I stand by that prediction

[unastubbs] 10/3/2021 07:22

Questor: two years ago Sainsbury’s was in trouble, but the world has changed. Buy
Questor share tip: solid digital presence should shield grocer from cheaper rivals, while a cost-cutting drive may boost cash

telegraph - today!

[gordan ghetto] 05/3/2021 11:23

The best cannabis stock in the UK

Will be producing 200 TONS which is worth £400m.

Current mkt cap £6.4m

50# of shares not in open market

BOD own 30%

Have GW Pharmas growers (GW just got sold for £7b)

ANA has the most land (30-50 hectares) out of all the cannabis stocks

They will be no 1 in the UK just like Canopy Growth is in USA

Current share price 1.08p






I would take a position if I was you as it’s the fastest growing sector in the world.

[harleymaxwell] 05/3/2021 10:24

maybe that bids coming

[scaff55] 04/3/2021 16:19

No honesty with this share price just manipulated to go down.

[buywell3] 04/3/2021 07:24

============ Amazon has landed in the UK as buywell predicted ===============

An 'Amazon Go' store is to open in Ealing London within a week

The Amazon Go store is a cashless queueless 'pick your items off the shelves' and Go concept which has been working in the USA since 2018

The concept uses AI and cameras to track purchases made ie picked up and imo seems ideal for quicker cleaner supermarket shopping in a pandemic or endemic situation.

Amazon have 30 such planning applications made for Amazon Go stores in the UK at the moment

One would imagine that other established Supermarkets will have to adapt or Go under

dyor

[loganair] 03/3/2021 19:38

Despite significant ongoing costs associated with protecting colleagues and customers from COVID-19, we expect that the vast majority of Sainsbury's stores will remain open this year. We will therefore forgo the business rates relief on all Sainsbury's stores again this year. We will also forgo the business rates relief on all standalone Argos stores once they re-open.

[loganair] 03/3/2021 19:37

Sainsbury’s is to cut 500 head office jobs while another 650 jobs are at risk as the supermarket closes one of its online grocery packing centres although the supermarket said it hopes to redeploy most of the 650 staff to neighbouring stores. .

The majority of workers at the group’s “dark store” fulfilment centre in Bromley-by-Bow, London, which was the first to open in 2013, are expected to shift to working in Sainsbury’s stores. By March next year, more than 20 stores in and around the capital are expected to expand their online packing capabilities, enabling Sainsbury’s to deliver thousands more orders each week.

The UK’s second largest supermarket will also close offices in Coventry and Victoria in London and move out of two of the five remaining floors it occupies at its London head office in Holborn, another two floors at its Avebury office in Milton Keynes and one in Manchester as many staff permanently switch to working part-time from home.

[scaff55] 03/3/2021 11:31

Ground Hog day here again today, down by the end of the day but all above board LOL

[scaff55] 02/3/2021 16:44

They should rename it Sainsburys Down, Fixed to keep falling stay clear.

[ny boy] 02/3/2021 11:38

Having a reasonable pull back, might be tempted if S1 is hit

Support1: 215.50p Support2: 179.30p