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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

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

TANKER - 26 Jan 2012 09:55 - 76 of 280

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

aldwickk - 26 Jan 2012 10:32 - 77 of 280

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

TANKER - 26 Jan 2012 11:14 - 78 of 280

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

cynic - 26 Jan 2012 12:58 - 79 of 280

aldo - where did you get those crackpot ideas from?

TANKER - 03 Feb 2012 13:02 - 80 of 280

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
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