Tesco Share Discussion Threads

[ladeside] 22/6/2016 12:04

chris cat, that's a pretty good summary of how business works in the 21st century.

Very short termism and manipulation of figures to ensure CEO's and their cronies can attempt to justify their huge remuneration packages but ultimately the business and it's shareholders are no better off and in many ways much worse. Move the clock on another 2-3 years and balance sheet comes to light, said CEO and cronies walk away to their next victim with golden handshakes and repeat the whole charade once more.

That's not how real capitalism should work but unfortunately that's the current situation in the business world.......

[langy_1] 22/6/2016 12:03

Was it in auction or something there?

Sell 170.70 buy 160.70 on Hargreaves Lansdown

Weird!

[vaneric] 22/6/2016 11:54

That ending of twenty four hour shopping was announced months ago.

[jordaggy] 22/6/2016 11:11

www.dailymail.co.uk/money/news/article-3652029/Tesco-cuts-opening-hours-20-24-hour-stores.html

Dave seems upbeat, not sure when interview was conducted though.

[lufc55] 21/6/2016 12:47

A fair majority of young to middle age families don't even have a proper garden.
Gone are the days when you can buy a new house with a LARGE garden. Dobbies has prob' peaked.

[chris cat] 21/6/2016 12:44

Not arguing one way or the other but I think Dobbies contributed about £17m of profit so would take about 12 years to return the £217m they sold it for (assuming cash and profits are roughly the same of course) The point about the cafe's is valid however that would imply they make more money from restaurant food sales than products which seems to support the decision to sell (they are not restauranter's). Also to expand would tie up more capital. The strategy is almost a text book case of the circular development of a business - Business expands rapidly, Reach's full potential in main market, expands overseas and into different markets to continue the growth investors seek, business hits problems and changes CEO, New CEO comes in and usually has a one year accounting period to get all the bad news out, makes as many write downs as possible in year 1, says we will focus on core business, sells all assets that are not considered core - usually making apparent profits as he wrote them down when he came in, collects bonuses for delivering strategy - are shareholders any better off ?????.
Like I say - not arguing one way or another just musing on what I have seen happen time and time again.

[portside1] 21/6/2016 12:05

lewis 22 months and over 9 million in pay and bonuses .
no divs now for two years so Tesco retained over 2.4b by cancelling the div
investors now need to see results of is actions or non actions

[portside1] 21/6/2016 12:01

having now sold a lot of the company .if the results are poor then lewis must resign

[cocker] 21/6/2016 11:51

Focus on what your good at. Growth via other opportunities is not always the right path

[warranty] 21/6/2016 11:29

Does anyone else think selling Dobbies was a mistake and missed opportunity? Every Garden Centre I go in is absolutely rammed, the restaurants are a license to print money and have become a leisure location for the silver surfers. The opportunity to add and expand with other elements than just plants without much competition seemed a no brainer with high profit margins on most lines. I can understand the restaurants and foreign grocery chains being sold but surely the Dobbies outlets are still retail just like the supermarkets and only needed a decent MD to develop and expand them. With supermarkets generally in decline you would have thought such a niche and more to the point growth area as Dobbies Garden Centres offered would have been a no brainer.

[chinese investor] 21/6/2016 08:06

Solid Start !

[wallywoo] 20/6/2016 13:47

could bounce quickly back up to 200p +, or retest lows of 140p if update on Thursday is disappointing. The whole Brexit thing also gives it additional volatility. Place your bets

[portside1] 20/6/2016 10:19

would of thought that if the press on Tesco fight back is winning the share price would be up a lot more than it is .


will we see a leak before thursday and the agm

[vaneric] 20/6/2016 09:47

I never take advice from people who need to shout.

[portside1] 20/6/2016 09:33

THE LAST 4 WEEKS AS TOLD ALL VOTERS THAT IT S POINTLESS TO VOTE IN THE GENERAL ELECTIONS ALL THE 3 MAIN PARTIES ARE THE SAME .
NOT WORTH VOTING SO IF YOU VOTE VOTE FOR ANY PARTY OTHER THAN THE 3

[johnwise] 20/6/2016 09:16

Tesco revival on track with best sales growth run for five years expected

Tesco is expected to report two consecutive quarters of UK sales growth for the first time in over five years on Thursday as the supermarket giant continues its turnaround.

[tenapen] 20/6/2016 09:12

You was in with a chance John, until last Thursday that is.

Buy shares for the market re-bound !.

[johnwise] 20/6/2016 07:40

video

Why Brexit Must Happen | Paul Joseph Watson and Stefan Molyneux




.

[joe say] 17/6/2016 10:13

I do blame successive Governments who have let my area die after the demise of our Steel industry........

Don't forget - we're fettered by EU legislation regarding state aid - perhaps if we could make our own decision (or do as the french and others do and simply ignore the supposed legislation that implies to them) then things could be different

In your hands

[jordaggy] 17/6/2016 09:50

hxxp://www.expressandstar.com/business/2016/06/17/tesco-sells-dobbies-chain-for-217m/

[ladeside] 17/6/2016 09:38

capeview, sometimes people have no option other than benefits.

Try staying in an unemployment blackspot where literally hundreds of people apply for the same minimum wage positions and where zero hours contracts are the norm. There are no immigrants where I stay so we can't blame them, however there is also no work where I stay and for that I do blame successive Governments who have let my area die after the demise of our Steel industry........