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

Good time to short this one. Perhaps further to fall, with the update next week.

Had a good run since July, maybe pushing my luck a wee bit but gone long on the spreads @ 250.40p.

Trading Statement Wednesday, target 270p tight stop.

LATEST BROKER VIEWS

Date Broker New target Recomm.
26 Sep Jefferies... 250.00 Hold
26 Sep Credit Suisse 315.00 Outperform
21 Sep Deutsche Bank 280.00 Buy
21 Sep Barclays... 270.00 Equal weight
20 Sep Exane BNP... 265.00 Outperform
14 Sep Exane BNP... 265.00 Outperform
14 Sep Barclays... 270.00 Equal weight
31 Aug Citigroup N/A Neutral
24 Aug Deutsche Bank 280.00 Buy
5 Aug Exane BNP... 260.00 Outperform

Not sure if 270 is on the cards anytime soon.

Take bits out of statement that suits your remit.

Holding at the moment.

Guess so Claret, got out of s/bet at the open. On watch list though.

confess i have avoided all supermarkets for a year or more
i think they're a total disaster sector

you might want to look at GNK as this late hot spell we've being having must surely help their next set of figures

Think SBRY better placed than Asda at mo. Depends what impact if any, on Argos takeover.

as i said above, i wouldn't want any supermarket group in my portfolio, nor M&S which is a total disaster

Agree with sentiment on Supermarkets. But still made a decent profit at SBRY.

Some support @ 240p and if sp manages to stay above 50DMA hope springs eternal. Glass half full for now.

Held steady and now back above 25DMA. For how long who knows, but at least that's September out of the way.

LATEST BROKER VIEWS

Date Broker New target Recomm.
29 Sep Beaufort... N/A Hold
29 Sep Exane BNP... 265.00 Outperform
29 Sep Deutsche Bank N/A Buy
29 Sep HSBC 185.00 Reduce
28 Sep Shore Capital N/A Under Review
26 Sep Jefferies... 250.00 Hold
26 Sep Credit Suisse 315.00 Outperform
21 Sep Deutsche Bank 280.00 Buy
21 Sep Barclays... 270.00 Equal weight
20 Sep Exane BNP... 265.00 Outperform

A few good days. Looking for 280p

Looking good.

Interim results next Wenesday 9th November.

Tanked.

Third Quarter Trading Statement for the 15 weeks to 7 January 2017

Good Christmas performance as customers choose Sainsbury's for quality, choice and value

· Sainsbury's: Total Retail sales1 up 0.8 per cent (excl. fuel) and like-for-like Retail sales up 0.1 per cent (excl. fuel), with total volumes up and like-for-like volumes flat

· Argos: Total sales up 4.1 per cent and like-for-like sales up 4.0 per cent

· Combined Sainsbury's and Argos like-for-like sales up 1.0 per cent (excl. fuel)

more.....

Good run since December.

StockMarketWire.com
J Sainsbury made an underlying profit before tax of £251 million in the 28 weeks to 23 September, 9% lower than the year before as a result of wage cost inflation, price investment and the consolidation of Argos' first half losses.

Group sales rose 17% to £16.3 billion, reflecting the consolidation of Argos, but like-for-like sales (excluding fuel) rose by just 1.6%.

Underlying earnings per share dropped by 22%, reflecting a full period's dilution impact of new shares issued to Home Retail Group shareholders on acquisition.

EBITDA synergies totalled £25 million and the group said it is on track to deliver its £160 million EBITDA synergy target from the Argos acquisition six months ahead of schedule.

Statutory profit before tax fell from £372 million to £220 million due to the prior year's £111 million one-off property gain from Nine Elms and a £98 million profit from the sale of the pharmacy business.

Groceries online sales increased by 7%, convenience sales by over 8% and clothing sales by almost 7%. Clothing online sales grew by 54%.

Sainsbury's Bank registered a 56% growth in total income and 17% increase in underlying operating profit to £34 million, primarily reflecting the full consolidation of Argos Financial Services.

Mike Coupe, group chief executive of J Sainsbury, said: "We have delivered a good performance across the Group in the last six months, with more customers choosing to shop at Sainsbury's in the first half than ever before. We are now three years into delivering our differentiated strategy and are seeing clear results."

He added: "We have exceeded our cost savings target as a group, saving £100 million this half, which gives us the flexibility to increase pay for our store colleagues a