Member Info for marvin

As one of those employees, todays share price gives a profit of over £6000 on the shares I am due, I won't be selling immediately as will many others. The lowering of the CGT rates means many will now be within the tax band and are planning a split sale or transfer into an ISA then sell.

So you can expect 2 dips one on March 02 (the earliest they could be sold depending how competent MUFG are, I am not hopeful) or later if they cannot be sold immediately. Another after April 06 in the new tax year as they can split the gains across 2 tax years. You will also get the drip effect as those who take the ISA option sell when the opportunity arises.

Some, less informed, will sell immediately all shares but hopefully where they have been employed has given them the knowledge that £3000 or more profit incurres tax.

Myself, as I have Sainsburys as over valued, I will be getting out at a high price and use the proceeds elsewhere, not shares currently, but then I have more Sainsburys shares due in coming years between £2 and £2.13 plus I hold shares in the SSPP which are tax bound for a bit they get released starting in 2027.

So far there has been no sharesave for 2026 nor any date when it will be available (used to be November the pervious year for sign up) not that I would be taking up the option with current share price (would be around £2.80 - £2.90). Read into that what you will the official line is they took on board feedback from staff that November was a bad time for the offer due to Xmas being close. No one has been able to find any of these staff who provided this feedback.

But at the same time as it was due they changed provider from Equiniti to MUFG and there was a potential share swap, which they decided against, which would have complicated matters. I think this is more the reason they decided to postpone rather than any feedback from staff because if it was feedback from staff and they decided to listen and act it would be a first in my experience.

Good luck all hopefully the sun shines for you.

They are actually potentially making a huge loss. They originally bought in backing the proposed takeover at around 600p which failed. (The takeover offer was around 600p not their buy cost).

Their buy cost must have been well above where it is now.

My understanding of it is the drop on ex div is those selling up who bought to get the divi and pay day is when the value of the divi drops out of the share.

I could be very wrong though.

I get the feeling you don't like him!

Sainsburys will do the metrics on him and the adverts that feature him and if it is not adding value they will drop him.

I think a dour misogynist sort of fits Sainsburys currently with their management style towards their staff.

Unlikely as Sainsburys over paid for it in the first place IMHV.

Did I say they are clearing it up? I said the economy was a mess under them they just lied about it.

The Tories ran the economy onto the rocks they just lied and embezzled their way around it.

I am not a Labour supporter I do not think Starmer is a good leader. Sadly we live in a time where ill-informed social media views dictate policy rather than what is actually the right thing to do.

But I really think it is a bit rich to blame them and not the thieving gits before them.

The market as a whole is down would not read to much into this on any individual share unless there is news directly related to that share.

The UK borrowing costs have risen to a 27 year high, along with other down financial news and some are heading for the hills (Gold and other precious commodities and Funds) causing a drop generally.

Most of the shares I am keeping an eye on or hold are down around 3% on average this is because the type of share they are.

C£1 after costs this largely where I sold them more than a decade ago after buying in during the financial crisis at around 25p or so.

Hopefully a good decision Sainsburys divi reinvest plus some Sainsburys shares sold at the recent peak.

I have an average c£1.85 it will take a while for me to get dividends which equal the current profit should I sell now. However there is nothing in my investment list which is currently at a price for me to invest in. So here the money stays and hope for more profit.

If you have somewhere else for the money to go that is better than here sell otherwise I would hold here.

In order to take a profit and hope to buy back in later for less? Use the capital to buy another share with good divis but cheaper price so more shares and more divi?

said earlier in my case it would take 5 years (now nearer 6) of dividends to cover the profit currently being made. But currently no other investment at a price for me to buy in at so it stays here.

Really depends on your personal circumstances if you sell is there another prospect to invest in?

I currently don't hold enough to make it worth holding on for Divi I would have to hold for 5 years or so to make the same as the profit I can make now.

But, there is currently not another prospect on my radar worth casing this in to invest in that.

So hold it is until the circumstances change.

Are you planning to sell? If not what does the share price matter?

Personally would be happy for it to be back sub £1.95 so I can buy more!

But until I plan to sell the price matters not. Now if Sainsburys would get above £3.10 (near 100% profit) so I can sell them that would be nice.

It seems Sainsburys may be benefiting from the M&S issues as the throughput of the depots (I work in one) seems to be elevated by about 30% currently above normal levels.

But then the joke goes

Those who want to downgrade from M&S go to Waitrose or Sainsburys if no Waitrose nearby.

Those who downgrade from Waitrose hot Sainsburys

Those who downgrade from Sainsburys go to Tesco

Those who downgrade from Tesco go to ASDA

Those who downgrade from ASDA go to Lidl or Ald

Those who downgrade from Lidl or Aldi go bin diving.

Ex Dividend date is the first day of trading without the Dividend thus the day before is the last day to hold.

The period after declaration and the day before exd is known as Come Dividend.

I was actually invested here a lot longer ago than that have made profits twice and sold out last time taking enough profit and leaving a little in. Memory is hazy but I think I first invested around 2010 and held the shares by and large since then until last year when I sold out at a large paper loss, but as it was all profit anyway given that I had my money back plus a profit.

Nothing has changed in over a decade except the price goes up and floats back down.

Good luck to anyone invested here you are going to need it given my long term experience of this share. It can be a lot of fun but you will need a lot of patience.

If I still had money here I would have sold at the high and waited for it to slowly drift down again.

This share doing its thing again going up massively before a gentle float, like a feather, back to more or less where it was before.

I made my profit on this a few years ago left a few in to see what happened, the answer was nothing, which I sold out mid last year to invest that in a more productive share.

Good luck if you are still in this but I would suggest selling and buying something else really.

Crosby Stills Nash was 68-9 then Young joined them and they became CSNY 69-71 gosh I'm old!

MNG, PHNX, RIO, NG. BHP, LGEN, VOD & CSN

Sounds like a load of bands from the 60's ending with Crosby Stills Nash!

You would be wrong I am quite old and was very much brought up in the 60's and 70's.

Allowing natural monopolies (water, power, transport by rail) to be controlled by private contractors (as is the NHS at the gatekeeper level in GPs) is destined to fail because there needs to be government funding and a regulator. If a business needs a regulator it is not suitable to be in private hands because if they get a chance they will abuse the power.

These should be run for the public good and not private greed which can be achieved in a different way to the previous model.