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

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

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 ?