Sainbury issued a promising trading statement last week but why no mention of margins? It's not alone with all the other multiples reluctant to cover margins in their quarterly updates. Good see that Marks gives them a mention.
Commentary at www.investorschampion.com

and i will start to sell at 36p

Thanks Tanker.

looking round the supermarkets they are not very busy empty

Sainsbury's invests in Tamar Energy Limited to build 100MW of organic waste-fuelled green power capacity

Sainsbury's has today announced that it has invested £2m in Tamar Energy Limited, a new company focused on producing energy from organic waste matter.

Tamar Ltd was launched today and is backed by a number of investors who are contributing over £65m to establish the business, to develop a UK network of over forty anaerobic digestion (AD) plants. Collectively they will generate 100MW of green electricity over the next five years.

As the UK's leading retailer of AD energy, Sainsbury's is providing its expertise and experience in using this technology. The retailer has clear commitments to protecting the environment and already has a clear zero food waste to landfill policy, with all surplus food waste from stores going to charities or AD to generate green energy. As part of the deal, Sainsbury's will also work with their suppliers to ensure that they have access to Tamar's new AD plants, which will reduce waste in the supply chain.

The project brings together UK and international blue chip partners and investors whose input and expertise will develop the business. The investor group is led by RIT Capital plc and Fajr Capital, alongside the Duchy of Cornwall, Lord Rothschild's Family Interests, Sustainable Technology Investments, Low Carbon Ltd, the management team of Tamar Energy and other private investors.

Sainsbury's Chief Executive Justin King said: "Sainsbury's is the UK's leading retail user of AD so we are delighted to be an investor and strategic partner of Tamar Energy. We will be working closely with our suppliers to ensure they have access to the new plants to help them reduce the environmental impact of their operations, a key strand of our 20 by 20 Sustainability Plan. With the support of our suppliers we are very confident that this new venture will be a success, helping build Tamar Energy into the UK's leading green energy company".

Tamar Energy will be headed by Alan Lovell as Executive Chairman. Mr Lovell was previously the Chief Executive of Infinis Limited, which produces some 10% of the UK's renewable energy, and over three years under Mr Lovell's leadership grew to EBITDA of £75m. Tamar Energy will be strengthened by the acquisition of Adgen Energy, which has an advanced pipeline of projects and a strong management team, including the previous CEO of BiogenGreenfinch, the AD specialist.

Iwould say trade is down 3% at all s/m

but the pound shops are up 5%

skin remember my posts sbry 291 cna 307 . i told you the useless CEO justin is killing this company last year nigh on 4m in pay for what he is dishonest . tesco as now got my money for shopping .

T, yes I remember both SBRY and CNA were trading around 296p with less than half a penny difference at the time you posted, the following week SBRY went 12p ahead of CNA, now the situation has reversed, in some part probably due to buying CNA before going ex-dividend.
2517

7 weeks til ex

just added 10518 at just under 290p

So how does that square with your post 110.
2517

i have enough cna for div paid in june now for july if i hold them as i say i will sell at 300p holding shares to long is silly

2517 if these fall to 278p i would buy enough 20000

I would be looking for a drop to 265p area before I add more. Missed that opportunity some time back. Good luck with CNA. Overall the market is still ahead of itself imo.
2517

3 month low is 280.30

12 month low is 258.00

Yes you're right skinny, around september last year intraday low of 258p
2517

well up 8p in less than a day

I sold out on taking a close look at the CEO justin king he is a failure just filling is own bank balance he is the worst CEO in any of the top 250 companys

what has gone wrong at sains even mrw are doing a lot better .
we know the ceo is useless but it now looks like board need to go
down over 25 % in the last 14 months and jk says the company is doing well
is the man insane

final div 11.20p ex div 16th may