UK 10:06 Monday, 5 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
So the share prices of both Tesco (TSCO) and Sainsbury’s (SBRY) have been massacred lately. There are genuine reasons for Tesco being destroyed, such as its reason to slash the dividend by 75% and its ‘overstating’ of profits by £250 million. You could call that latter point fraud.
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Comments
ADVFNPrep
Totally agree with you. Sainsbury looks very attractive.
I am not buying though. Sainsbury is the 2nd most heavily shorted stock on FCA Short interest tracker with 9.5% institutional shoritng. Takes big balls to bet against that IMHO.
C H Ingoldby
Sainsbury’s might be cheap but a look at the share price graph is scary, it is dropping rapidly. Anyone buying in now risking trying to catch a falling knife. I think I’m going to watch and see if it stabilises at all.
wildrides
Sainsbury may not be Tesco ,
But it is a supermarket in a price war to the death . ZzzzzzZzzzzzzz.
Why not buy some …….you can always sell them again ……..err .
wildrides
Ramping your own shares in print ………. oh dear ………. that will never do . Just sell the bloody things and be done with them ;-)
Mark Howitt
You’re right, the drop is quite ‘scary’ but the share is fundamentally cheap now. I will be holding and believe it will rise from these levels over time. The PE is low and the yield is high!