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

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

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."

just added 14794 at 287.06p now have 97452

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

over the last 12 months
sbry down 26%
tesco down 19%
mrw down 7%
sainsbury the worst performing share and this ceo
thinks he is good he needs to see is doctor

Shop at Lidli , and don't eat red meat its nearly as bad for you as smoking

aid . how can a CEO say he is doing a good job when the SP as fallen 26 % .
it amazes me no wonder pensions are finnished justin king should resign he is a fool.
he did not gget the job on merit that is for sure

aldo - where did you get those crackpot ideas from?

the ceo of sbry was paid nearly 4million and they go on about banker he only looks after a shop and he does nothing to make it any better . i will never buy from sainsburys again giving money to a man like him . the thought makes me feel sick

Post 74 20th January----just added 14794 at 287.06p now have 97452
2517

sold the lot. now in cna tsco vod rsa barc rbs ,mrw .

followed your advice and bought some cna ..... already holding tsco, rbs and mrw

cynic talk of a s/d of over 23p tele. rachel cooper friday

Sainsbury's to turn up heat in home insurance market with relaunched offer that aims to cut prices for shoppers

look at what they cover the cost if you want better insurance is more than the banks

6m more shares to be issued bad news again why did they not buy on open market .
they are taking the piss out of holders again the CEO is taking the micky out of holders SELL SELL

switch into CNA for better returns

fair value is about 220p

Sorry TANKER, total carp.

dream all that justin king does is print more shares and takes almost 4m in pay for 2010 what is it going to be for 2011 and the sp is down 25% worse than tesco and mrw down only 7 % the board are rubbish and for the last 12 months the only thing that lifts the sp is take over rumours