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

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

they will go up for div then drop like a stone

TANKER, it will be interesting to see which performs best SBRY or CNA as they have virtually the same sp atm, I hold SBRY but not CNA so I think I'll watch them both.
2517

well i have gone for CNA and have also ditched shopping at sbry do not like jk

2517 i do hold mrw and have for a long time well run

Hope you understand TANKER, just what you said, I'm not having ago at you personally. I have a different view of sains, give them a year or so. :-))

Can I ask you a question T.
Why is Warren B investing so much in Tesco. I cannot see them turning round over night. I know their property empire is huge, if they do not sell it all off. (which the city will not like)

Sainsbury's reports its 'best Christmas ever'. Tanker I am very interested to see the next set of results from Sains and Tesc as we know Tesc reported a poor christmas and sains a very good one. Going to be very interesting.

dream i am going out but will reply to your question . tesco is a big company and not just food like allmy family we only buy our elecs computers and such from them as after sales is excellent unlike pc world which is crap . back to sains they are cutting margins to move stock and that will impact on profit .
and the reason i have sold is the CEO is not a nice person and it is him that is why i and others who i deal with have dumped and do not shop there any more /
but good luck to you . remember CNA go ex div 25th april so you could buy cna sell before div day and buy back into sbry for there div which is in may

TANKER, good to see different thoughts. I see the cutting of margins will impact on
profit. This draws customers away from other stores as well, as long as the service and quality satisfy the paying customer. (TESCO ?). A man or woman who makes it to the top does so through not necessarily as you say being a nice person. Do you think the Tesco board are nice people ?

Thats also why we have a below expectations report from Tesco. In my view Tesco have gone about with a set of blinkers on (to prevent sideways vision) to chase PROFIT forgetting the customer. I think they have mr Leahy to thank for that.
He got the profits up yes. Cutting suppliers to the bone, resulting in poor quality food.
Less staff per sq ft of store space. I find happier staff in a sainsbury store then a Tesco (my view) Distribution has been cut, so Tesco find it hard to get fresh/ quality
items to the shelf. I feel Tesco are not going to have it easy to turn the operation around.

dream i do not hold tesco . but today i have added 354678. in lloys

dream i do not hold tesco . but today i have added 354678. in lloys

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 .