Member Info for marvin

So the near decade and a half of Tory fraud and lies had nothing to do with it then?

Not a Labour supporter nor do I think Starmer is a good leader but...

If the lies stop, and Labour are not above a lie or two, and we invest in infrastructure not a cash machine for their friends as the corrupt Tories did then we can recover.

The only actual infrastructure the last lot invested in was HS 2 which is a waste of money and keeping the energy companies profits high and dividends streaming.

Would have cost a lot less to nationalise the lot and control the cost that way.

What I see today is a buying opportunity and have used my Sainsbury's divi to double my holding here and will spend some of the cash reserve if this drops below £1.80 or TW to £1 or so.

Work out your risk reward and stick to what that comes out at.

I bought in here before sold it at a profit have now bought in again inside the isa intention to hold for divi long term.

My price gave me a decent return and allowed for some divi drop with still a good return.

I am adjusting my portfolio which was heavy on Sainsbury’s due to buing at a discount for working for them. I am selling some of my Sainsbury’s and buing other shares.

I have a load more Sainsbury’s due in 2026 at £1.61 per share.

Back below my buy price of £1.95

That should be August not Sept.

And in September it went to 1.95 the range across the year is 1.70 to 2.40 it is a very volatile share.

Yes it was initially known as Sainsburys Homebase and sold it in 2000 but declined to buy it back when they bought Home Retail Group to acquire Argos and Habitat. The sale only went through after Homebase was sold on, fairly disastrously, to the Australian company Wesfarmers.

Got in yesterday when it breached my 1.95 buy price part of the change in portfolio to dividend shares.

Holding long term upwards price does not matter so long as the Divi is sound.

Used the dividend from Sainsburys to buy in here.

Won't buy more unless it breaches my buy price again which is now lower than 1.95.

As I said earlier welcome to the rollercoaster of PYC

My small holding here is still 50% up on the 100% of profits invested here was 150%+ at one stage

My advise, follow the Hitchhikers Guide to the galaxy cover and Don't Panic! Fix you up and downsides and sell when they get there till then hold if you can or sell if you thin there is better places to invest cash doing nothing.

GLA

Been in here before sold most near a peak many moons ago for the second time and made a healthy profit left a few just for the fun of it.

Happy to let this ride and all of it is profit nothing of my original investment left in it.

Have fun all dyor but most of all never risk what you cannot afford to lose and enjoy the big dipper ride that is PYC.

Sometime late 2019 subject to the deal still being worth doing after the investigation and any disposals that they have to make.

It is unlikely to be blocked on competition grounds as ASDA is strong in the north Sainsburys is strong in the south it is in the middle where there may be some local competition concerns Like South Birmingham where there are 4 sainsburys and 4 ASDA's in very close proximity. EG ASDA Oldbury and Sainsburys Oldbury are about 1 mile apart on same road (ish). Having said that they fish in very different ponds and do not in reality attract the same type of customers.

I think Sainsburys will be very happy if the disposals are less than 200 stores may be worried if it is over 500 anything in between, provided they can find buyers, i don't think will worry them too much.

So Sainsbury's have finally cleared up the confusion in the public minds who have always thought that Nectar was owned by Sainsbury's by buying it. Surprised it only cost �60m but hopefully they will soon boost its value by dumping the Daily Hate Mail which hardly supports its values of inclusion diversity and respect for all.

In the end the answer will be close the depot for 6 months making everyone redundant and then restart it under new management. They can do this one depot at a time and the company, with the combined might of Sainsburys and Argos, have enough capacity to cope while one is being re-purposed. Sainsburys have done this in the past they don't want directly managed distribution and I work in a directly managed distribution centre (one of only two left I think) for Sainsburys.

https://uk.finance.yahoo.com/news/sainsburys-exploring-bid-palmer-harvey-sky-news-111620984--finance.html

No chance 1. would not get by the MMC 2. Not in Sainsburys benefit 3 An M&S/Sainsburys merger is more likely as the two fit better together and that is not likely at the moment. Sainsburys year end is only a couple of weeks away (11th March) and trading update just after that.

No chance 1. would not get by the MMC 2. Not in Sainsburys benefit 3 An M&S/Sainsburys merger is more likely as the two fit better together and that is not likely at the moment. Sainsburys year end is only a couple of weeks away (11th March) and trading update just after that.

It is the Sainsburys Share Purchase Plan (SSPP) open to all members of staff and is a government allowed scheme. There is a maximum you can invest of £115 per month which is invested from income before tax is removed so there is this initial saving. You have to keep the shares for 5 years to remove the tax liability and you receive dividends as they fall due. https://www-uk.computershare.com/webcontent/Doc.aspx?docid=%7Be993262d-6b59-4da9-8d6c-bc7ca788347c%7D

Sainsburys do not want the Argos business they want the backbone (logistics) and the finance arm that is in there, the remnants of the old GUS (Great Universal Stores catalogue business) Some of the stores will become Sainsburys Locals and some will close with the business they currently have moving instore Sainsburys bigger branches. There is the tie up with Ebay is good I will always choose collect at Argos when it is available for items that cannot fit through letter box as the local post office collection office is only open till 12:30. Imagine this extended to all Sainsburys stores. I also would not be surprised to see some shops turning into new Sainsburys Bank branches as this is the next logical step forward for this.

This company was renamed from Progressive Digital Media which was formed out of a reverse takeover of themutual.net The mutual.net started life as a ISP in the late 90's during the .com bubble, most of the ISP's of that time crashed and burnt when the market changed to the fee paid free phone model as opposed to the shared revenue 0345 one. Themutual.net although shifted business model to a cashback site (similar ones today are the likes of Quidco Topcashback although the best fit to their model is Imutual (www.Imutual.co.uk) as both started by offering shares to people who used the site, Imutual still does, themutual.net changed its model when it became too expensive to continue issuing shares. The initial share offerings by themutual.net were for use of the ISP services and this continued in a changed form when it changed business model. After the business languished for a long time getting by on low revenues until Mike Danson started taking an interest in the business largely so he could use it as an established vehicle for his private media business. He achieved this aim in the late 90s and in 2000 the names were changed to Progressive Digital media in 2000. In recent times the legacy businesses of themutual.net have been run down and closed or sold off so that none of that business is left within the recently renamed GlobalData. Today 01 March 2016 GlobalData announced its (and all previous companies involved) first dividend of 2.5p per share. I have bought the shares of themutual.net at less than 1penny and at a few pennies and have made nice profits out of it. The shares were consolidated a couple of years back again to lose some of the legacy of themutual.net which by its business model had to issue millions of shares. Have fun do your research and invest in what you trust.

What gives you this idea? We do not know what has been going on behind the scenes negotiations between the two to come up with an acceptable price that the board of HR will recommend to its shareholders. Remember this is still more than Argos there is the old GUS financial business which is something else Sainsburys want their hands on to expand the now wholly owned Sainsburys Bank. I can see a few of the Argos stores being converted into trials of Sainsburys own high street bank branches.

They have indicated it will be a cash and shares offer this does not indicate a rights issue but that more shares will be issued to existing HRG shareholders thus diluting existing shareholdings of Sainsburys shares.