Sainsbury (j) Share Discussion Threads

[farrugia] 17/6/2022 07:46

does sainsbury own any property outright? they have 6.3 billion debt which is chunky - i'm checking if they have solid property to buttress their balance sheet?

Also, i've been noting that directors have been selling at least half their free shares? That's not exactly bullish is it - do directors really need to sell half of that to cover taxes? And what is this - getting shares for free!!? That's not great for shareholders and not much of an incentive. Shouldn't it be options that can be exercised at a certain price?

[muffinhead] 16/6/2022 15:42

Tescos Q1 TS tomorrow

[tim 3] 16/6/2022 15:41

They are actually holding up well compared to the recent market sell off.

[creditcrunchies] 16/6/2022 14:33

Like things are so expensive peeps won't buy food anymore you have to laff

[muffinhead] 14/6/2022 17:47

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 14:23

Just seen your post re. fat.spot on.

[muffinhead] 14/6/2022 14:05

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 13:11

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 13:01

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

[muffinhead] 12/6/2022 13:53

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 13:49

Morrisons to sell £600m of fisheries and food factories


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

[muffinhead] 12/6/2022 13:44

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 13:42

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 18:18

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 16:04

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