Tesco Share Discussion Threads

[rlivsey] 04/11/2016 14:59

Oh dear downward trend post results

[pal44] 04/11/2016 09:48

A new big Aldi opening near me... suppose Likes of Tesco will take a hit..

[solarno lopez] 31/10/2016 17:04

Anyone remember Langbar, they jailed a director for making incorrect announcements to the market

Could that happen here

[ladeside] 31/10/2016 16:10

The £100 million + damages claim appears to be taking it's toll today, irrespective of the fact that it's quite obviously doomed to failure.......

[xxxxxy] 31/10/2016 11:49

Dividends?
Love London.

[ladeside] 28/10/2016 11:47

You're maybe just hanging out with the wrong people. My experiences are also vast and the majority have all been positive. Speaking of London, on my frequent visits there in a previous job, I must admit I'd never come across such a cold and disconnected place on any of my travels and would probably rate it as my worst City experience by far.

[evianone] 28/10/2016 10:31

so much for £1.30! lets hope its wrong

[loganair] 28/10/2016 10:03

Tesco's shares fell on Friday as Credit Suisse reiterated an 'underperform' rating and target price of 130p, citing "structural problems". Credit Suisse said while Tesco reported a 34.4% increase in operating profit to £515m in the first half, it was "not from better trading".

Tesco posted a return to sales growth in the first six months of the year, up 0.6% in the UK. However, pre-tax profit dropped 28.3% to £71m as the supermarket invested in efforts to regain market share amid fierce competition in the sector.

"On October 5, Tesco reported strong UK operating profit, bolstering its claim that the core business is back on track - we are not yet of that view," said Credit Suisse analyst Stewart McGuire.

"More than 100% of operating profit was generated via cost savings and we estimate that like-for-like sales at its largest stores (which constitute almost 50% of space) remain materially negative once online sales are excluded."

Credit Suisse said Tesco's results showed weak free cash flow and a deteriorating balance sheet. Retail free cash flow fell from £281m in the first half of fiscal year 2016 to £203m in the first half of 2017. Total debt rose by nearly £2.5bn to £18bn, even after including one-time disposals of subsidiaries and properties as well as working capital inflows, the analyst noted.

[loganair] 28/10/2016 09:15

Ladeside - Most of the people I´ve come in contact with from the old Eastern Block countries are hard when it comes to the feelings of others. I had to spend 5 days in hospital and the Eastern European nurses where absolutly terrible when it came to their bed side manner. On the whole I find them to be hard, uncaring and very brash in nature.

I was in London and wanted to buy a thank you card for a professional person. The Polish manageress hadn´t a clue what I was talking about and showed me thank you cards with ´bunnies´;on them.

I even worked for a company who employed many professional Bulgarians and have spent quite some considerable time in Eastern Europe so I feel I´m able to make a good comment on them. Overall I prefer Africans, maybe not as productive but much more friendly and easy going.

I also have friends who come from the Baltic countries and on the whole find them very rude in nature.

[ladeside] 28/10/2016 09:08

Tesco still have a large presence in Europe and will continue to do so.

[boschfridge2] 27/10/2016 22:08

Interesting how the strategy of focusing the business in the UK and as more of a grocer than jack of all trades might hurt post brexit I the eyes of investors looking for a geographically diverse company. Or do says this author... https://masterinvestor.co.uk/equities/will-tesco-survive-brexit/?utm_source=Master+Investor&utm_campaign=b0a2f64327-MI_MR_20161027&utm_medium=email&utm_term=0_25eff0bb7f-b0a2f64327-34965521

[alphorn] 27/10/2016 16:36

Ladeside - the UK media have used a broad brush to paint anything Eastwards of the old DDR. Like many things they have an agenda and the average punter laps it up without a question.

[ladeside] 27/10/2016 14:13

Alphorn, we've spoken of this on many occasions and one could ask what exactly is "Eastern Europe" ?

Are the media and Loganair referring to Albanian / Romanian Gypsies ? or are they talking about the highly educated workers in the finance sector of Warsaw ? Maybe it's the artists in Budapest or could it be the philharmonic orchestra in Bratislava ??

Yes, we all love a stereotype and a good generalisation stated through clear ignorance.....

[ladeside] 27/10/2016 14:09

I would say the exact opposite from Loganair, I find the Eastern Europeans to be intelligent, bubbly, highly motivated and generally very pleasant and quite frankly they are a major asset to the hospitality industry in this country. If only our indigenous population could portray the same qualities........ (and Yes, that was a couple of blatant generalisations).

[alphorn] 26/10/2016 19:37

My experience of travelling in Eastern Europe has shown me that many countries are more Germanic in their ways than might be expected. I say this, having lived in Switzerland for many years. Eastern Europe is certainly not as painted by the press.

[loganair] 26/10/2016 16:58

The problem I see with employing Eastern Europeans on the whole they have very poor customer service and even though they speak pretty good english their understanding of the British people is often very low.

[cocker] 26/10/2016 16:50

Cheap labour has, & never will be the answer to the labour market. Eastern Europeans working on some farms is nothing far short of modern day slavery. Oh & yes I would be happy to pay more at the till for better conditions for the food industry workers.

[bullorbear123] 26/10/2016 14:25

And good day!

[chinese investor] 26/10/2016 08:30

Good Start !

[johnwise] 26/10/2016 00:42

"I guess that's 17 million fewer customers for Tesco then. They won't need all the cheap labour after all!."


Fury as Tesco boss demands OPEN BORDERS after Brexit to keep constant flow of cheap labour

THE chairman of Tesco has demanded that Theresa May keeps Britain's borders open after Britain leaves the EU in order to maintain the flow of cheap labour in the UK.

[luckymouse] 22/10/2016 14:41

Monthly long cycle chart

[losos] 21/10/2016 13:49

gairich - "not good for those waiting for the axe to fall"

It never is, been there, done that !!! If that's Livingston in Scotland maybe the fish women can leap in with some political interferance and generaly make a bad situation worse.

Bottom line is the business must improve itself, usually people laid off do find other work, I did, and although I traveled a long way to get it I actualy found people around me who were traveling twice as far and they had never been made redundant from anywhere!!

[gairich] 21/10/2016 12:38

I don't know if anyone has mentioned this or not as I don't look at the message boards very often but the managers at the Livingston depot have been told that after Christmas 45 per cent of them will be made redundant, it's the next phase of Dave Lewis's turnaround plan I guess, it will certainly reduce the wage bill but not good for those waiting for the axe to fall.

[andrewbaker] 19/10/2016 15:12

At long last and not before time, Tesco is once more a favoured share. Now I'm not just pleased to have moved back into profit, but I'm looking for a dividend again before too much longer. The pension scheme will have a drag effect on the price and any dividends, but in my view, it is manageable; especially as inflation and interest rates may not stay so low that much longer, with the pound having taken such a beating of late.

And also, there must be some movement towards letting defined benefit pension funds off the hook that's digging in now: it is in no one's interest to put more pressure on these schemes, as that will cause failures and put ginormous pressure on the Pensions Protection Fund, which one way or another, we will all have to pay for through payments from solvent schemes, which may themselves suffer, causing a knock-on effect that will help no-one.

So ... buy Tesco, if you haven't already, and enjoy the northwards journey. :)

[mealiff] 19/10/2016 12:15

when the penny eventually drops (that Tesco is back ) there will be a surge in demand for the shares .

this could move rapidly upwards

#justmyassumption