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Promising statement but what about margins? (SBRY)     

Energeticbacker - 31 Mar 2009 14:28

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

skinny - 12 Jan 2012 10:10 - 56 of 280

May.

TANKER - 12 Jan 2012 10:12 - 57 of 280

thanks 16p for the year wish i had bought 30000.now if they go under 288p i wil .
but i am still buying RSA in a big way they are my top stock for 2012

2517GEORGE - 12 Jan 2012 10:21 - 58 of 280

T ---We have only recently received the int. divi of 4.5p
2517

TANKER - 12 Jan 2012 10:26 - 59 of 280

yes thanks 2517 i got it just could not find ex final div date i have 47678.
i like divs rsa pays out 10% this year i love it thats my hol and car paid for .

Chris Carson - 12 Jan 2012 10:26 - 60 of 280

In @ 291.9 on the spreads March contract.

TANKER - 12 Jan 2012 10:27 - 61 of 280

I do shop at sains and you can enjoy the meat you can not eat tesco meat it is like old leather

dreamcatcher - 12 Jan 2012 10:29 - 62 of 280

100% agree, or the rotten bananas. :-))))))

2517GEORGE - 12 Jan 2012 10:36 - 63 of 280

SBRY & RSA type of share you won't lose much sleep over.
2517

TANKER - 12 Jan 2012 10:41 - 64 of 280

div is now over 6%. and yes assets worth at least 60% more than current sp.
sleep easy and nice div return

TANKER - 12 Jan 2012 11:25 - 65 of 280

questor has got it correct buy buy buy . and sleep

cynic - 12 Jan 2012 12:32 - 66 of 280

sorry, but i think questor has it wrong ..... the quality of goods in sbry is appalling - see my post on tsco

TANKER - 12 Jan 2012 12:52 - 67 of 280

cynic you can not eat the food from tesco it is crap the meat is like old boots .
even the dog wont eat it.

2517GEORGE - 12 Jan 2012 13:04 - 68 of 280

We use SBRY but can't comment on their meat as we use our local butcher.
2517

dreamcatcher - 12 Jan 2012 13:07 - 69 of 280

I think sains is slowly chipping away at Tesco. Good advertising and good quality food
at a good price.

dreamcatcher - 12 Jan 2012 13:07 - 70 of 280

I would like to be a fly on the wall in the Tesco board room this week.

TANKER - 12 Jan 2012 13:18 - 71 of 280

M/C 5.4bn the companys valuation is backed up by 10.9bn of property .

TANKER - 19 Jan 2012 13:30 - 72 of 280

are these falling down to bad management . because justin king is not that bright
by all accounts

HARRYCAT - 19 Jan 2012 13:55 - 73 of 280

Goldman Sachs today:
"We reduce FY13 EBIT forecasts by 21.3%, 5.6% and 6.5% for Tesco, Morrisons and Sainsbury, respectively. The outlook for returns over the next two years has deteriorated and in particular we see expansion by SBRY and MRW as returns destructive. We see more compelling relative value in European Food Retail and believe that the deteriorating outlook for CROCI means the sector should trade on a lower multiple. We adjust our target prices accordingly.
Downgrade Tesco to Neutral, Sainsbury to Sell from Neutral; Morrisons remains Sell."

TANKER - 20 Jan 2012 10:45 - 74 of 280

just added 14794 at 287.06p now have 97452

TANKER - 26 Jan 2012 09:50 - 75 of 280

justin king . is destoying this company the man is a idiot full of shite
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