Sainsbury (j) Share Discussion Threads

[spob] 02/2/2024 10:53

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Balance sheet is very weak imo

A share buyback for this company would be insanely stupid

The only beneficiary would be the company collecting fees to do the buyback.

[pirates4] 01/2/2024 10:24

They charge the same price for 10 medium eggs, which used to be 15 eggs. A cut in eggs for the same price as 15.

[loganair] 01/2/2024 10:21

200p = a great buy as too expensive at this price.

[dondee] 01/2/2024 10:01

A great buy now at this price.

[philanderer] 31/1/2024 15:35

All retail falling back this afternoon.

[keyno] 27/1/2024 10:44

loganair: do you go round all these supermarkets with a clipboard? :)

[blackhorse23] 26/1/2024 13:18

https://uk.finance.yahoo.com/news/supermarket-sandwiches-become-more-expensive-135739451.html?guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAADpF6Kb0phjtZVO90upDK-MOCcR9OWuIeGxbnmMY62gvJ3BjXGSmuQy72Ln13am5c9FUjtR0IFDhJtx6mUUDXq47ZsbOesyhxSbZVbMbWB-Uv-TWCZsHmG2kXZJNIASjqKiC3mhtxsS6TBOaz5esQxx3vnmeJBlpnlny-B4UTHja&guccounter=2

[loganair] 26/1/2024 12:11

I also noticed for the first time, Tesco is charging 15p more for half a dozen brown eggs then for white.


I think the share price is likely to fall towards the 200p level, then they would be a good buy, not at the current level.

[dondee] 26/1/2024 12:08

SBRY is a good buy at this price - the shares not the milk!

[loganair] 26/1/2024 11:31

It seems to me reasonable to say that the vast majority of customers at Iceland have only noticed the 10p reduction in the price of the milk but not noticed the even greater reduction in the amount of milk.

I consider what Iceland have done is both Underhand and Deceiving their customers.

I also consider when the quality of a product or ingredients have been reduced without bring this to the attention of the customer is also Underhand and trying to Deceive the customer.

[philanderer] 26/1/2024 11:04

JPMorgan cuts J Sainsbury price target to 223 (245) pence - 'underweight'

[bountyhunter] 24/1/2024 19:11

Should have gone to Sainsbury's :)

[loganair] 24/1/2024 13:14

The problem I see with Sainsbury's is cutting costs all they seem to work on these days and nothing else.

[spob] 24/1/2024 10:25

Yes but not in the UK.

The difference is a much leaner operation without all of the nonsense and gimmicks, such as online grocery ordering and delivery.

Lidl is focused on what matters.

[loganair] 23/1/2024 19:06

As a supermarket chain, Lidl is about 10 times bigger than Sainsbury's and has all the clout that goes with it.

[spob] 23/1/2024 17:53

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Says it all really, when a small discount retailer pays higher wages and night shift premiums than Sainsbury's.

As i said before. The writing is on the wall ... etc etc

[spob] 23/1/2024 14:10

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Lidl staff to see highest hourly pay rates in sector

Lidl staff are to receive the highest hourly pay rates in the supermarket sector.

A £37m investment will see the discounter's entry-level rates increase from £11.40 to £12 outside of the M25 from 1 March.This will then rise to £13 with the length of service.

Those working within the M25 will see pay rates rise from £12.85 to £13.55, increasing to £13.85 over time. These new entry-level rates will be up to 17% higher than the national minimum wage being introduced in April.

The German retailer will also introduce a bank holiday premium of £2 per hour and will increase its nightshift premium to £3.50 per hour.

The move, which is likely to put pressure on more retailers to increase staff wages, comes after Sainsbury's announced it will be investing £200m and increasing staff pay by 9.1% to £12 per hour.
Ryan McDonnell, CEO at Lidl GB, said customers were "switching to Lidl from every other supermarket" and it was "only right" they be thanked for their work.

[philanderer] 22/1/2024 00:13

'Sainsbury's boss speaks out for first time about epidemic of retail crime sweeping Britain'

[loganair] 21/1/2024 19:47

net - Much of this increase in population doesn't eat British food and therefore do not shop in UK mainstream supermarkets.

[netcurtains] 21/1/2024 19:15

All we can say for certain is the UK population now is much bigger than it was
10 years ago, so even though there is more competition there is also a lot more
food being eaten....