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Safeway Inc. (SWY)

DON'T BUY
Retail has been under pressure for over a year. Food retailers have been under even more pressure. Food prices are rising very rapidly. Grocery business is a micro margin one. With increasing costs, it is very difficult to pass this on to the consumer.
BUY
Acquired shares when they acquired Ashton. Paid a bit less than where it is now. His target is $1.85. This is a diamond play and the company is based on discovery. They have to keep finding things. Have deep pockets available. They keep issuing shares creating some dilution. Likes management. Thinks it has good upside.
BUY
Over the last couple of months, analysts have been quite positive based on results they have been having. It turns out that a gift card business they had on the side had been contributing a great deal to their revenues. This part is probably worth $8 a share. Not much risk.
COMMENT
Just reported its quarterly results and it was a blow out number and the stock rallied very sharply. They seem to be able to effectively compete with Wal-Mart.
WEAK BUY
Supermarket chains have had a tough time because Wal-Mart (WMT-N) became a bigger player in the food area at lower prices. The worst is over and this one will probably do okay but not his favourite.
HOLD
One of the biggest supermarket chains in the US and is also a major player in Canada. Stock has done well recently. Prefers Kroger (KR-N)which is the only supermarket chain that did not lose market share to Wal-Mart (WMT-N).
DON'T BUY
Like a lot of the US grocery chains is being damaged by the major entrance of Wal Mart into the grocery business. Margins have been squeezed.
DON'T BUY
The key issue is competition with Wal-Mart. CEO has not done a great job in terms of management.
BUY
Had a lot of trouble over last while. Competition from wall mark. The sector is under valued. Buy
DON'T BUY
Margins dropped, probably because of Wal Mart competition.
DON'T BUY
Walmart is big competition.
BUY
Good, safe, sound business. Selling at 10 X earnings. At a 10 year low.
PAST TOP PICK
(Was a top pick on Oct 2 down 3.5%) Still likes. Expects more growth.
TOP PICK
Trading at a good multiple of 13/14. Great management. Good margins. Good potential.
TOP PICK
Growing their margins. Strong manahement. Good value.
Showing 16 to 30 of 33 entries