Tesco Investors - TSCO

Tesco Investors - TSCO

Stock Name Stock Symbol Market Stock Type
Tesco Plc TSCO London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
-1.10 -0.48% 229.00 16:35:21
Open Price Low Price High Price Close Price Previous Close
230.30 228.80 230.80 229.00 230.10
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Industry Sector

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Top Posts
Posted at 17/10/2022 21:50 by clive7878
Konradpuss - cud well be right - one tsco sell 4m - one vod sell 14.7m - too big to be a n other investor. Have most stocks now reached the bottom? Yields are very good vod, sbry, lgen,
Stocks picked up lunchtime but lost some gains at close.

Posted at 16/10/2022 23:52 by philanderer
Tipped by Questor

Why investors should ignore their gut instinct with Tesco

Questor share tip: the retailer’s solid finances, sound market position and low valuation give it long-term appeal


Posted at 06/10/2022 11:18 by richie1218
Can Tesco shares go much lower? Tesco share slide indicates UK retail pressures.

It has been a bad couple of months for Tesco (TSCOI). The supermarket giant has seen its share price hit a five-year low.

The share price currently languishes around the 202p mark; compared to a previous low of 223p back in November 2017.

And in late August this year, the stock was priced around 270p before a steady descent to the current level.

The latest dip in share price follows Tesco trimming its profit forecasts for the year.

It now expects adjusted retail profits to come in at between £2.4bn and £2.5bn. Tesco had previously indicated they could go as high as £2.6bn.

In its interim results this week Tesco revealed adjusted operating profit was £1.24bn - down 10% from £1.38bn last year.

The company also confirmed it would freeze the price of over 1,000 items until 2023 to help customers through the current cost-of- living crisis.

This move has demonstrated that the company is prepared to sacrifice some profit in favour of protecting market share.

Russ Mould, investment director at AJ Bell argues that in an environment where consumers are being assailed from all sides by mounting energy bills, rising interest rates and higher costs for all manner of goods and services, companies selling essential staples rather than discretionary items are better placed.

“However, that doesn’t mean Tesco is immune from the weak consumer backdrop as its modestly lowered profit guidance reveals,” he says.

“Tesco has to try and offer attractive prices to stave off the competitive threat from the German discounters Aldi and Lidl and while it can rely on its purchasing power to some extent, it is still having to sacrifice margins to meet this challenge.

“On the plus side, Tesco is entering a difficult period with a decent market position and solid balance sheet”.

However, Mould adds that it is hard to see the coming months as anything other than extremely difficult, with cost inflation affected not only by higher energy and labour costs but also the cost of importing goods from overseas thanks to the lower sterling.

“The profitability of its online shopping business, which seemed to finally come into its own during the pandemic, will also be affected as smaller basket sizes still cost the same to deliver,” he says.

Sector-wide pressures
Danni Hewson, financial analyst at AJ Bell also predicts tough times for Tesco - and other UK retailers in the same space.

“Tesco’s whopping fall in pre-tax profits and warnings that shoppers are watching every penny sent its shares tumbling and pulled Sainsbury (SBRY) and Ocado (OCDO) down with it.

“Concerns about how far consumers might have to cut back when all of winter’s pressures get a grip is a big worry for all retailers and with bellwether Next (NXT) sending up warning flares, the upcoming earnings season is likely to deliver quite the blow to market sentiment”.

With Tesco at such a low valuation, does it offer investors an opportunity to buy the blue chip stock on the cheap?

While there could be more pain in store for Tesco yet, for those seeing the company as a long-term play, there could be some value to be had at the current price level.

Marketbeat shows the consensus analyst rating for Tesco is a ‘moderate buy’ with a consensus target price of 310.83p.

Posted at 06/10/2022 04:42 by unastubbs
Alastair Osbourne in The Times this morning

Tesco's Price Cuts

Tesco recipes are spoiling the shoppers. Here’s one picked out by Ken Murphy, the supermarket’s boss: a main course of McCain home chips, Heinz baked beans snap pots and Johnson’s baby cotton buds, with Ski strawberry mousse for afters and washed down with Robinsons orange squash. As Murphy puts it: “Customers are facing a tough time.” So what better moment to be freezing prices on more than a thousand “everyday products” until next year, including his choice “examples̶1;? It’s all part of bringing shoppers “magnetic value”. And who can blame the chain with the best buying power in the market for cranking up pressure on rivals during a cost of living squeeze? He’s seeing an “acceleration in changes to consumer behaviour”, with shoppers trading down to less snazzy brands, swapping frozen for fresh food, buying in smaller basket sizes and reining back online after the Covid blowout (report, page 44). His strategy should help Tesco maintain its 26.9 per cent market share, on Kantar data, but it doesn’t look to be doing wonders for the bottom line. Adjusted half-year retail profits fell 10 per cent to £1.25 billion, against tough corona comparatives, and Murphy has narrowed the full-year profits guidance to between £2.4 billion and £2.5 billion: down from a previous range that stretched to £2.6 billion. The shares fell 4 per cent to 201¼p, down around £1 since January. Yes they trade on a cheapish ten times future earnings, yielding 5.1 per cent. But, in these markets, Murphy may struggle to persuade investors that they’re better value than the food.

Posted at 03/9/2022 12:27 by loganair
The very expensive buy out debt was backed by the Freehold of the shops.

Morrisons could easily become the Next Woolworths or Debenhams, loaded up with debt, all assets sold and leased back then the Private Equity firm IPOing back onto the stock market with the retail investor be left to take the fall.

Posted at 22/8/2022 16:39 by f56
The real question investors should ask is how much have they made in Tesco since 2000? Would they have been better off investing in the S&P 500?
Posted at 22/7/2022 07:12 by johnwise
‘Tesco will struggle to raise food prices – so we’ve sold out’

Fund of the Week: British dividends are getting stronger but this £2bn fund manager says investors need to be picky


Posted at 07/7/2022 16:33 by johnwise
Sainsbury's shareholders 'prioritise short-term returns' as they reject call to pay all workers a real living wage

83% of Sainsbury's investors voted against real living wage for all workers


Posted at 09/6/2022 17:06 by johnwise
Crypto meltdown is wake-up call for many, including Congress

NEW YORK — Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves.

Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair. Experienced crypto supporters, including one prominent billionaire, were left feeling humbled.

When the stablecoin TerraUSD imploded last month, an estimated $40 billion in investor funds was erased


Posted at 30/4/2022 18:51 by konradpuss
svend2, O.K. here's the question, how much has Tesco agreed to buy back in total by April 2023?

Answer £1.05 billion not £1.25 billion. They committed to the further £750 million after buying back only £300 million of the first £500 million. The £750 million includes the £200 million not already bought back from the first tranche.

Now how am I wrong?

Please go to the Tesco Plc web site - investor section and read the piece under 'buy back'.

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