Tesco Share Discussion Threads

[johnwise] 14/12/2024 06:39

"The fact is that people in business and finance cannot be trusted to balance their own interests against those of their customers. If they see an opportunity to rip you off, they will take it. During the cost of living crisis, Tesco profits doubled and British Gas profits went up an astounding 943%! Our crisis was their profiteering bonanza".

The Daily Mail

Bah humbug! Supermarkets accused of 'greedflation' after analysis by the Mail reveals shops are hiking prices of popular Christmas treats well above the rate of inflation

[johnwise] 12/12/2024 10:43

Tesco Poised for Strong Holiday Performance Despite Economic Concerns


As Christmas 2024 approaches, analysts are predicting a robust festive sales performance for Tesco, driven by the retailer’s strategic focus on value and quality. The supermarket has seen solid results in its Q3 report, which indicates growth even in the face of economic uncertainty. With many shoppers seeking value amidst ongoing financial pressures, Tesco’s offering of affordable yet quality products has positioned it well for the holiday season.

[ladeside] 11/12/2024 17:37

Incidentally Tescobank (now Barclays owned) have the cheque scanning facility also.

[grahamburn] 10/12/2024 15:09

Follow up second buy recommendation in Tempus column in Times today even though the shares have risen 35% since the original recommendation in April.

[igoe104] 10/12/2024 12:17

Great numbers for Tesco.

Retailers line up for the Christmas run in

Britain’s largest grocer Tesco achieved its highest market share since December 2017 at 28.1%, up from 27.4% in 2023. Its sales grew by 5.2%. Sainsbury’s share increased by 0.3 percentage points to 15.9%, and spending through its tills was 4.7% higher than last year. The UK’s two biggest grocers now have a combined market share of 44%.

[johnwise] 10/12/2024 10:54

UK supermarket sales set to top £13bn in December


UK supermarket sales are set to surpass £13bn in December for the first time, according to fresh data from Kantar on Tuesday, as shoppers geared up for the Christmas season.

Grocery spending over the four weeks to 1 December increased 2.5%, the industry data specialist said, with robust demand for premium lines and festive essentials.

[peteret] 09/12/2024 16:45

If you have a first direct account you can pay in a check to your account by photoing it with your phone

[hazl] 08/12/2024 07:30

The Bovaer issue for information only.

'Arla, a major force in the dairy market, supplies household brands like Lurpak, Anchor, Cravendale, Lactofree, and Castello. They secured a net profit of €167 million just in the first half of 2024, underscoring their dominance of the market.'



'The uncertainty is also underlined by a lesser volume of available milk on a global level. '
Is this deliberate or a natural occurance I ask myself?
Pigs similar?


An informative thread on the subject at first glance.

DYOR
IMO

[ldavis] 06/12/2024 11:44

It's understandable that they don't want to take cheques. The banks make dealing with cheques for small businesses too dificult and expensive as they don't want to deal with them - assuming you can even get to an open branch to pay them in.

Refusing cash is slightly less understandable, though there are security concerns plus the hassle of dealing with change.

These days everyone is moving towards using the little contactless payment devices rather than cash, which is generally fine provided they have mobile data available, which whilst much better nowadays is still often an issue. Also means big brother can track your every move. Whilst I do still always have a reasonable amount of cash in my wallet I rarely use it, Instead I have one account that I only use for contactless payments that would previously have been cash (mainly down the pub or very small purchases) credit card for larger purchases (groceries and petrol) and my main current account generally only gets used for direct debits and moving money between different accounts (including cash withdrawals).

[geckotheglorious] 05/12/2024 10:09

Leaders

I'd love to take milk from the local farmer but they wont accepts cheques.

We used to have the milk delivered for 10 years or so (always paid by cheque on time)

I wont do direct debits unless absolutely necessary as EVERYONE and their dog wants you to sign up to them, charities knocking on your doorstep especially.

Cash, or cheque.

Dont accept either, no business coming your way.

[leadersoffice] 05/12/2024 08:16

You'll find that's changing and I have stopped buying milk from any supermarket not just Tesco... and now having ny milk delivered to my doorstep therefore supporting independent farmers. FSA need to get there fingers out of there backsides and do something about the animal additive being used to cut methane levels.

[hazl] 04/12/2024 14:51

Indeed Ladeside.
Why trust those who have proved themselves untrustworthy?

They will keep trying to point to social media as the evil but through that we have found out some ugly truths, sometimes.

IMO

[ladeside] 04/12/2024 12:13

Personally I'm past the stage of giving a toss about what disease eating or drinking X, y or z could cause as something will get us one way or another. Given past records of Governments and the need for ever increased profit from the private sector, I'm also 100% sure that there's LOTS of skeletons in the cupboard that we don't know about and will unlikely ever know about until the damage is already done. Trust in Governments and big business is at an all time low and for good reason but the likes of Tesco will continue to be a good bet and will adapt if need be.

[ladeside] 04/12/2024 12:04

It's the Government and most of the dairy sector that will take the hit as opposed to the supermarkets as people will still purchase products one way or another. Its also not really been publicised or seized upon by mainstream media so unlikely to have to much of an impact at the moment.

[svend2] 04/12/2024 07:47

hazl agrees a potential breakout above 380/382 the shape of the rise remains parabolic.

[keyno] 03/12/2024 23:20

Or eat organic produce, hazl.

[hazl] 03/12/2024 19:26

I must say click on the 7 year chart nd it's beautiful.
I don't know if the Bovaer thing is so known by the general population, savvage, but
I am not pleased and will certainly avoid their meat and milk products.
It's the best way to protest with your feet.

[savvageorge] 03/12/2024 18:28

Possibly but I think possibly on shakey ground given the whole Bovaer situation. I remember what happened to the share price after the whole horse meat situation.

[ladeside] 03/12/2024 17:58

Looks like we're about to test the 10 year high again.....

[johnwise] 30/11/2024 13:27

Brits Used As ‘GUINEA PIGS For Frankenstein Foods’ As Eco-Warriors Risk Cows Milk With Chemical Mix

VIDEO


Video:
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore

[johnwise] 29/11/2024 10:24

Christmas comes early for the supermarket giants: MARKET REPORT


Christmas came early for supermarket giants Tesco and Sainsbury’s after analysts at JP Morgan upgraded their ratings for both to ‘overweight’ from ‘underweight’.

The US bank’s moves came in a note highlighting potential upside in the UK grocery sector into 2025.

The analysts said they are more constructive overall on the UK, while they believe that the EU food retail sector will be more in stock-picker territory.

[hazl] 28/11/2024 10:36

Well we are storming again!

[bigbigdave] 28/11/2024 07:09

JPMORGAN RAISES TESCO TO 'OVERWEIGHT' (UNDERWEIGHT) - PRICE TARGET 410 (270) PENCE

[hazl] 27/11/2024 11:17

If this is true....I'm not best pleased.

Post
Conversation
Bernie
@Artemisfornow
🚨NET ZERO -Bill Gates backed feed additive Bovaer is being fed to cows to reduce methane.

Arla, Aldi, Tesco & Morrisons are all trialling Bovaer, even though there are concerns over genotoxicity & carcinogenicity.

Under current UK laws, the use of Bovaer & similar methane-reducing additives in animal feed will not be have to be shown on food product labels, including meat, milk, or dairy.

[philanderer] 25/11/2024 11:35

Looking like a bit of a read across from KGF statement today.