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Back here on the 1st March, Tom, Nigel and myself had a very interesting chat on the outlook for gold sector opportunities...and an understanding that markets that continued to be generally highly optimistic would be unlikely to be led by the performance of the gold shiny stuff.  My own view - expressed here and elsewhere - is that the scope for higher UK, US or European equity markets by the end of this year is still likely - but that does not mean I dump all my favourite gold holdings.  All this means is that you are playing a medium-term came with the latter grouping.  To that end I still have about 10% of my shares portfolio in my person favourite Barrick Gold listed in the US and Canada.  

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Which Bulletin Board Moron said we couldn't tip a waiter? J Sainsbury (SBRY) has issued a Q3 trading statement. There were Christmas sales changes due to smaller gatherings but despite this and, even after forgoing business rates relief, it still expects to report underlying pre-tax profit of “at least” £330 million in the financial year to March 2021. That is better than we and the market had hoped for.

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Like a complete geek I enjoyed earlier this week having our shopping delivered by Sainsbury’s (SBRY).  I was not the only one demanding such a supply and in today’s third quarter update, Sainsbury’s mentioned that it now has more than eight hundred thousand weekly house sales.  

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Recently-announced results from J Sainsbury (SBRY) included “sales (excluding VAT) down 1.1 per cent” and “loss before tax £(137) million”. The shares responded lower – but that after recently rising and they are now back on the rise again and we can see why...

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A rare one for you today as I wrap myself in a red flag and criticise a company juxtaposing a special dividend with job losses. The company in question is Sainsbury (SBRY), where I am actually a loyal shopper and would heartily recommend its online delivery capabilities – which I have tapped for the first time in recent months. However for all its capabilities there, I think it has bogged up with the combination of the announcement of necessarily high profile job losses at the Argos division and the announcement of a special dividend...

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