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supermarkets subdued
Comments
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opinions4u wrote: »I don't think I'd be piling in to get a bit of the action.
I tend to agree. I'm happy with a holding of SBRY as 5% of my income portfolio, but only because I bought for a good price back in September, and the price now is fair at best.
TSCO might be a good recovery play. Their yield is lower than SBRY but better covered, which means they can both invest and continue to reward shareholders.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
gadgetmind wrote: »TSCO might be a good recovery play. Their yield is lower than SBRY but better covered, which means they can both invest and continue to reward shareholders.
I bet your wife doesn't shop regularly in TSCO. So you'll have to ask her to make a special trip to see if their tills are ringing fast enough to keep that inferior dividend covered.
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Problem with visting the supermarket is you only see part of the picture. I spend about £280 a month with tesco home delivery, £20 in store (to use vouchers) and £100 in-store in Sainsbury's. In the future I think the on-line sales will grow and soon outweigh in-store.
I see more Tesco's home delivery than the others but that is probably simply where I live.
Further observation of queues at tills may show not a profitable business but a business stifled by logistical problems.
And as opinions4u says ringing tills and big turnover maybe at the expense of profit.
But cheers to all who have contributed. Certainly given me food for thought despite taking no action yet :beer:I believe past performance is a good guide to future performance :beer:0 -
Take a walk round Primark, then talke a walk round M&S, and ask yourself how much longer M&S can get away with it?gadgetmind wrote: »MKS are on my watch list,.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Its not the turnover that concerns me, since people will always need food. Its people turning to cheaper foods with a lower profit margin.I bet your wife doesn't shop regularly in TSCO. So you'll have to ask her to make a special trip to see if their tills are ringing fast enough to keep that inferior dividend covered.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Tesco more efficient than Sainsbury because Tesco net profit is about 4%, Sainsbury's about 2%.opinions4u wrote: »They are genuinely efficient operations.
But which is the best to buy into?
Has the less efficient operation got most room for improvement?“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
I bet your wife doesn't shop regularly in TSCO. So you'll have to ask her to make a special trip to see if their tills are ringing fast enough to keep that inferior dividend covered.
I won't get into Which supermarket to invest in (although I will say I currently hold TSCO) and yes I do shop there.
But during downturns, supermarkets can be a good play. I forst invested in Tesco during the dot com boom and crash and made some money then. I like the idea of going to 3/4 branches of different ones, but given there is only Tesco and Coop where I live (and coop and Waitrose where my OH lives) I am not able to do so.
but, I do get my Coop divi- 17 quid just recently lol.0 -
Glen_Clark wrote: »Take a walk round Primark, then talke a walk round M&S, and ask yourself how much longer M&S can get away with it?
Look at the (lack of) quality from Primark and ask yourself how much longer they can get away with it. My daughter bought some clothes there and they were total tatt that fell to pieces after a couple of wears and washes.
I see little/no crossover between their customer bases, so I'm sure there is room for both.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I bet your wife doesn't shop regularly in TSCO.
She's a Waitrose lady, but you can't buy shares in JLP.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I own Tescos, Sainsburys and Morrisons. I think they are all good value at this level and owning all 3 spreads the risk.0
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