Sainsbury (j) Share Discussion Threads

[anhar] 03/11/2023 10:36

TSCO has made several cuts and static payouts over the years. Similarly SBRY. GSK has recently cut divis following the HLN demerger and before that the payments from old GSK were static for years.

So imo none of these could be described as consistent dividend payers over the long term past.

I've held SBRY and GSK (now plus HLN demerger shares) for many years in my diversified income port. As above they have patchy divi records and although I'm strictly an income investor, the fact is that the very long term capital performance of both has been abysmal.

[bountyhunter] 02/11/2023 16:49

GSK I agree, & AZN

TSCO I used to hold but switched to SBRY due to the higher likelihood of a takeover here, imho.

[philanderer] 02/11/2023 14:36

bountyhunter, how about GSK and TSCO ?

-------------------------

Sainsbury’s declares it is winning back Lidl and Aldi customers

[bountyhunter] 02/11/2023 12:57

Interesting, any favourites for consistent income?

[anhar] 02/11/2023 12:55

Decent half year results today:

...we also expect the strength of our volume performance to result in underlying profit before tax in FY2023/24 of between GBP670 million and GBP700 million, the upper half of our previous guidance range, and retail free cash flow of at least GBP600 million, higher than our previous guidance of at least GBP500 million...

Interim divi held at 3.9p. I'm an income investor so this is of particular importance to me.

xd 09 Nov
pd 15 Dec

[philanderer] 02/11/2023 11:20

Happy to hold these :-)

[blackhorse23] 02/11/2023 10:31

out from profit & reinvesting in CURY

[bountyhunter] 02/11/2023 10:30

The Board has recommended an interim dividend of 3.9 pence per share (HY 2022/23: 3.9 pence) reflecting 30 per cent of the 2022/23 full year dividend per share. This will be paid on 15 December 2023 to shareholders on the Register of Members at the close of business on 10 November 2023.

Adding to header

[pirates4] 01/11/2023 11:21

See this one going towards 10 pounds in the next 2 years there's a lot going on. Soon bestway will be back looking at the potential sainsburys has.

[pirates4] 01/11/2023 11:10

Who is Mr thumbs down

[pirates4] 01/11/2023 10:21

Let's see a upwards trend

[bountyhunter] 30/10/2023 16:10

However for Aldi and Lidl the costs of importing some of their produce from Germany will be significantly higher now than not so long ago. Also their is still a large percentage of shoppers who will do their main shopping elsewhere due to the limited ranges available in Aldi and Lidl, not to mention loyalty/snobbery.

[loganair] 28/10/2023 16:45

The problem I see with Sainsbury's, Tesco, Asda and Morrison is they only try to compete with Aldi/Lidl on price while trying to maintain bloated and inefficient operations, supply chains and store operations that are still out of the dark ages.

Also the so called big 4 supermarkets do nothing to make them stand out from Aldi/Lidl and do very little to adapt to the changing environment and do little to innovate.

[bountyhunter] 26/10/2023 23:11

Fair point. I'm here for the dividend and takeover potential myself. I also wouldn't shop in Sainsbury's as my first choice but do go there for convenience occasionally but not for the main shop. Many do though and swear by Sainsbury's, as others swear by Waitrose despite their sky high prices on most things! There's a certain snobbery about being a Waitrose shopper and to a lesser extent Sainsbury's.

[loganair] 26/10/2023 17:06

There is a difference between personally disliking shopping in Sainsbury's and a non-emotional investment in Sainsbury's.

[bountyhunter] 26/10/2023 16:24

Why are you here if you dislike Sainsbury's so much?

[loganair] 26/10/2023 09:50

It Seems to me the Sainsburys/Tesco - Aldi Price Match is a real CON job as there is nothing, not a single item I buy in my general weekly shop that these two supermarkets price match with Aldi.

[loganair] 25/10/2023 20:29

Both Sainsbury's and Tesco house wines a few years ago, even a couple of years ago were passable to drink, today as my son said "it tastes like turps," and the price is up 50p per bottle.

All I could do was to pour the wine down the drain.

The house wines from both these supermarkets is now completely undrinkable, how the hell are Sainsbury's and Tesco still allowed to sell their house wine?

[bountyhunter] 25/10/2023 19:17

Murray mints at Ocado £1.50, just 99p a year ago!

[loganair] 25/10/2023 15:28

Can you believe it?!?!

1Ltr bottle of Tesco own olive oil £7.35, last week when I bought the same £6.20. Two years ago £4.60.

That's a 60% increase in just 2 years.

Personally I finding food inflation is running at circa 25%, either the price has gone up or the size/quantity has gone down, no matter what the official figure the government are putting out.

I've also notice over the past several years, buying the same product of food, the quality has gone down, some have gone down to the point where it is no longer edible - therefore I'm surprised the supermarkets are allowed to sell such foods.

[spob] 24/10/2023 11:36

.


Real living wage rises to £12 an hour as cost of living crisis continues

The real living wage is paid by more than 14,000 employers and their contractors, up from 11,000 last year, including Aviva, Ikea, Burberry and Lush.

These firms will increase basic pay levels by £1.10 to £12 an hour across the UK, and by £1.20 to £13.15 an hour in London.

[bountyhunter] 14/10/2023 14:05

I missed that la.

Presumably another one soon when they cross 5% unless they have deliberately stopped at 4.99% which does seem a rather bizarre level.