Equities

Sainsbury’s: An Enigma or Two?

Sainsbury’s: An Enigma or Two?

2 mins. to read

Sainsbury’s trading statement for the fourth quarter of last year is fairly brief. In consequence, it does not provide much on which to base conclusions about the future – which appears to be bearish in the eyes of those executing the high level of short selling of Sainsbury shares.  Company sales were down modestly at…

WM Morrison: A Contrarian view

WM Morrison: A Contrarian view

3 mins. to read

Like a great sail-driven trading ship in mounting seas without a chief officer (The new CEO David Potts is rowed aboard next week) but a busy financial navigator officer (suitably Named as Mr. Strain) keeping the ship sea worthy, William Morrison Plc (MRW) has docked its results for last year. In my judgement they look, on…

Grab a pizza the action

Grab a pizza the action

4 mins. to read

It’s funny how much money there is to be made in something as mundane as pizza! Since its IPO on AIM back in 1999, the UK incarnation of Domino’s Pizza (DOM) has grown to encompass more than 800 stores, with annual sales of almost £667 million. With the shares now at 676p, anyone lucky or…

S&U : Quality in credit

S&U : Quality in credit

3 mins. to read

The resurgence in consumer confidence seen in recent months and years offers significant growth prospects for a companies like consumer credit company S&U (SUS), which has built a significant business on the back of the exit of a number of major players from the direct unsecured lending markets following the financial crisis. According to figures…