Prefers the management teams on Loblaws (L-T) and Metro (MRU.A-T) because of their history of better execution. Some day, this will be a wonderful turnaround but, the question is when.
Prefers the management teams on Loblaws (L-T) and Metro (MRU.A-T) because of their history of better execution. Some day, this will be a wonderful turnaround but, the question is when.
Sobeys has reported earnings which are in-line. They are positive. They have had a trying time as Walmart comes in with its big box stores. Hold if you own, but don't buy right now.
Sobeys has reported earnings which are in-line. They are positive. They have had a trying time as Walmart comes in with its big box stores. Hold if you own, but don't buy right now.
Prefers Loblaws (L-T) and the reach they have. Likes the way they have gone head to head with Wal-Mart (WMT-N). There isn't a better managed company in the food sector. Also prefers George Weston (WN-T).
Prefers Loblaws (L-T) and the reach they have. Likes the way they have gone head to head with Wal-Mart (WMT-N). There isn't a better managed company in the food sector. Also prefers George Weston (WN-T).
Generally likes the grocery area. Thinks they will do fine. Currently having a little bit of difficulty with their margins being squeezed. Sales have gone up.
Generally likes the grocery area. Thinks they will do fine. Currently having a little bit of difficulty with their margins being squeezed. Sales have gone up.
Food market in eastern Canada is extremely competitive. For them to grow, they have to do it on a long term basis and doesn't think it will give much return.
Food market in eastern Canada is extremely competitive. For them to grow, they have to do it on a long term basis and doesn't think it will give much return.
Its problem is that they have Loblaws as a competitor. Has a habit of blowing up every once in a while. Would prefer Loblaws which has higher valuations, buy pays off.
Its problem is that they have Loblaws as a competitor. Has a habit of blowing up every once in a while. Would prefer Loblaws which has higher valuations, buy pays off.
In the broad context of the market, this is a nice place to hide. Won't be as volatile as many other sectors. Would rather own Loblaws or Metro, especially Loblaws.
In the broad context of the market, this is a nice place to hide. Won't be as volatile as many other sectors. Would rather own Loblaws or Metro, especially Loblaws.
Grocery business is a tough industry to make money in. Loblaws has the economic clout, geography and management experience to dominate any market. Margins are being hurt.
Grocery business is a tough industry to make money in. Loblaws has the economic clout, geography and management experience to dominate any market. Margins are being hurt.
Has been undergoing margin pressures preparing for Wal-Mart. About 10 X next year's earnings, so is very cheap. Wait to see when Loblaws margin compression comes to an end.
Has been undergoing margin pressures preparing for Wal-Mart. About 10 X next year's earnings, so is very cheap. Wait to see when Loblaws margin compression comes to an end.
Has expanded into Ontario by buying smaller chains but feels they are finding this new market's competition tougher than expected. Margins and earnings have suffered. Loblaws is now moving into the Maritimes.
Has expanded into Ontario by buying smaller chains but feels they are finding this new market's competition tougher than expected. Margins and earnings have suffered. Loblaws is now moving into the Maritimes.
It's very cheap at 10X next year's earnings but, has a black cloud over it because of the black out last summer. Over the long term, could be a very interesting buy.
It's very cheap at 10X next year's earnings but, has a black cloud over it because of the black out last summer. Over the long term, could be a very interesting buy.
Good operators. Have paid down the debt that was created by their acquisition. They tripped in the last quarter and blamed the blackout. This is questionable. Longer-term should do well. Would prefer Loblaw's.
Good operators. Have paid down the debt that was created by their acquisition. They tripped in the last quarter and blamed the blackout. This is questionable. Longer-term should do well. Would prefer Loblaw's.
Have had a setback in earnings. Have done a pretty good job of consolidating the IGA stores. A pretty sound investment for the stable portion of someone's portfolio.
Have had a setback in earnings. Have done a pretty good job of consolidating the IGA stores. A pretty sound investment for the stable portion of someone's portfolio.
Trading at around 10/11 X forward earnings. Had some disappointments in the last two quarters. The market is in a “ show me” mode. Good management. Will have to demonstrate for a couple of quarters.
Trading at around 10/11 X forward earnings. Had some disappointments in the last two quarters. The market is in a “ show me” mode. Good management. Will have to demonstrate for a couple of quarters.