Sainsbury (j) Share Discussion Threads

[action] 13/10/2024 19:17

Cheapest valuation to start in whole world to start... try international co. In general to safeguard from local economy.... I recon compare to other world market uk is dirt cheap... out favour but will come in favour...DYOR..

[rolo7] 12/10/2024 11:13

Qia have earned a far amount in divideds paid over the years

[loganair] 12/10/2024 09:12

In real terms for the QIA to have broken even the Sainsburys share price would need to be around £10 with a dividend of circa 50p per share.

Investing in many UK companies, in real terms and often even in nominal terms the investor loses money each and every year therefore what is the point of investing in UK companies and in the UK in general?

[spob] 11/10/2024 18:53

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I guess they see more of the same


Underlying gibberish in every results

More new shares created every year to pay the directors

More "one off" expenses every year to pay for so called cost savings

A share price unable to even keep up with inflation, decade after decade after decade


IMHO, the only reason for a Sainsbury listing on the LSE is to serve the company


IMHO, it is definitely NOT to serve the shareholders.

[philanderer] 11/10/2024 18:50

"Given the strategic nature of the shareholder, we do not see it (the share disposal) being necessarily linked to upcoming events," said analysts at JPMorgan Cazenove, noting the government's budget statement on Oct. 30 and Sainsbury's interim results on Nov. 7.


proactiveinvestors.co.uk

[spob] 11/10/2024 18:45

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" the investor sees the supermarket now entering a new phase of its life "


They are selling.

So we can all translate what that means.


HaHaHaHaHa

[loganair] 11/10/2024 15:37

4.85% dividend doesn't beat inflation as true inflation is north of 5%, while grocery inflation is still running at north of 10%.

[keyno] 11/10/2024 14:07

400 - 600 isn't coming around again any time soon. Qataris cutting their losses probably and moving on.

[redbaron10] 11/10/2024 13:21

I've just viewed it as a top up opportunity. 4.85% dividend beats inflation and it's a boring defensive play to pad out the portfolio.It's been around 120 years so it's not going anywhere.

[philanderer] 11/10/2024 13:07

It certainly has had the sh1te kicked out of it today. Totally tw@tted.

[schofi2] 11/10/2024 12:04

Dan Coatsworth, investment analyst at AJ Bell, noted that prior to the transaction, QIA owned 14.2% of the supermarket chain.

"The Middle Eastern investor has a reputation for backing financially strong companies across a wide range of industries. While it invests with a long-term view, like any asset manager it does make changes to its portfolio from time to time. QIA has been trimming stakes in other holdings of late, including Barclays, Shell, Vinci, Iberdrola and Accor. In contrast, it has been increasing positions in the likes of OQ Gas Networks, Kingdee International Software and Haleon," he said.

"QIA first invested in Sainsbury's in 2007 and at one point owned approximately a quarter of the group. Sainsbury's share price last year bounced back after a difficult period, helped by the company making good strides with its food-first strategy. Like rivals Tesco and Marks & Spencer, Sainsbury's seems to have found the right recipe for success and has been fighting off competition from weaker rivals Asda and Morrisons to take market share.

"QIA might feel that now is a good time to trim its stake in Sainsbury's, selling into a market where other investors have become more interested in the supermarket. The fact it managed to offload a large chunk of shares at only a 2.8% discount to last night's closing price implies there was decent demand.

"QIA selling down following a string of upbeat results and trading updates from Sainsbury's would suggest the investor sees the supermarket now entering a new phase of its life. That's often the point at which an investor also reassesses their commitment to a stock, so selling down shouldn't represent any concerns about the health of Sainsbury's. However, the fact the stock has fallen below QIA's placing price does suggest that some investors have been spooked by the news, wondering why the biggest shareholder is reducing its position at this point in time."

[loganair] 11/10/2024 11:42

QIA paid between 400p and 600p for their nearly 25% original stake.

In the end, it looks like QIA will lose circa £1 billion on their investment in Sainsbury's.

[spob] 11/10/2024 10:37

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Only took them 16 years to wake up

Lol

[philanderer] 02/10/2024 23:13

Fear of tax rises is hurting sales, warns Sainsbury’s


Retail veteran says uncertainty around the Budget is undermining discretionary spending

[loganair] 30/9/2024 11:27

This year my grocery basket has gone up by at least 10% in price...where is the Government getting their less than 3% inflation rate from???

[philanderer] 17/9/2024 16:43

Jefferies raises Sainsbury's price target to 325 (300) pence - 'buy'

[loganair] 13/9/2024 09:19

Many of the health problems we have today come from the eating of Junk Foods which on the whole are extremely very bad for you and personally I would ban, would also save the NHS a packed full of money.

[philanderer] 13/9/2024 08:53

Junk food advertising rules.

[priteshpatel9] 13/9/2024 08:42

Gap filled.