Tesco Share Discussion Threads

[portside1] 12/5/2016 14:52

dave lewis has done very little for share holders the man is not that good just
a user no divs for at least 2 more years but bonuses are going to be paid to directors . lewis is cancer and will step down next year as a failure share price to fall
the share price has fallen over 100% and directors still dishing out bonuses it stinks

[careful] 12/5/2016 13:58

Tesco had to lure him from a great job at Unilever.
Tesco was a career risk for him.
For company like Tesco turning over tens of billions , an extra 3mn is peanuts if he is the right man for the job.

It would take wayne Rooney almost 10 weeks to earn that much.
Is Dave Lewis as useful as Rooney, and should he get a bonus of 20% of Rooneys salary.
Tesco employ almost 500,000 staff.

Answers on a postcard.

[capeview] 12/5/2016 13:48

It makes you sick to death when these people keep getting these huge bonuses and the company isn't doing huge profits for several years before they get the bonus. Make it so it has to be for several years growth, not for a short turnaround that doesn't mean much right now.

[johnwise] 12/5/2016 11:01

Tesco chief executive Dave Lewis has pocketed an annual bonus of almost £3m after leading the supermarket giant back into the black.

[johnwise] 12/5/2016 11:01

Store staff in more than 70 of Tesco's Irish stores have threatened to go on strike next Monday in a dispute over pay and changed conditions.

The Mandate union said workers in Republic of Ireland were unhappy with pay cuts of between 15% and 35%, together with reductions to overtime and to employees' annual bonus,

[diku] 12/5/2016 07:54

That was a tight trading range all day yesterday....something is about to give...

[cocker] 10/5/2016 16:04

Just picked up 10,000 shares for a quick punt

[diku] 10/5/2016 14:21

Anybody retest to 140p?....

[ladeside] 10/5/2016 08:59

I'd say the Banking Sector is being hit by the economic downturn which has put the interest rate increase on the back burner which obviously is having a direct impact on the Banks.

I think it's pretty telling that we've just had 2 high street big boys hitting admin in the past couple of weeks which brings back memories of what happened in our last major crash. I've been saying for years that the "recovery" hasn't ever happened, it's only manipulated by the figures coming from London and backed up by the higher echelons of our lopsided society. For the ordinary person in the North of England, Wales, Scotland, NI etc we've had nothing but stagnating and indeed dropping house prices, wage freezes and even cuts and basically quality employment being extremely limited.

[smartypants] 09/5/2016 16:47

LADESIDE.. I think you may find we have had or are in the "crash" now..
It was started 1st day trading back in January..predetermined..the likes of BARC ARE already down a third ..every one seams ok with it..??..no one asking why ??

[ladeside] 09/5/2016 15:18

Pierre, I think the Banks are in a similar situation and the traditional Blue chips with the safe havens and decent divis are now a thing of the past. I do seriously believe that Tesco are a good buy at the current price but having said that I still see a major stock market crash / correction coming over the next few months so basically if this happens nothing will be safe including Tesco.

[pierre oreilly] 09/5/2016 14:51

Ladeside - i think very much the same as you. The only point i disagree with is that it's a buy at this time.

There are plenty of boring companies which have no barrier to a rising price over the coming years - you don't have to go to an effectivey unregulated (therefore likely to be ripped off!) AIM companies. Just get rich slowly.

[ladeside] 09/5/2016 14:41

"Moving Forward" is what caused the problem in the first place. That's the problem with uber capitalist economies, Too much is never enough however it's simply impossible to keep increasing profits on a year on year basis as there comes a point when a peek is hit. Tesco hit that peek a few years ago, however in an attempt to keep the city and their institutional shareholders sweet, they tried to grow even bigger through the ill advised sortie into the US market through the Fresh n Easy purchase and of course diversifying from being just a Supermarket to owning a Bank, Dental Surgeries, Garden business, Restaurant chain etc, etc.

What DL is currently doing is trying to turn back the clock and offload the add ons to re-concentrate on core assets, the city may not be overly impressed, however this is about the long haul and ensuring Tesco have a bright future. World domination may now be off the agenda, however I still believe Tesco are a great buy at the current price.

As for no real excitement on the horizon, well basically that's how it should be with a boring FTSE 100 company. If you want excitement head over to AIM or the wild west as they say........

[pierre oreilly] 09/5/2016 14:21

aNDREW I posted some time ago that any price under 200p. is a buy, and repeat that now.

So you were wrong before. Have you worked out why your previous view was wrong (and why it still is imv)?

Inst buys outnumber sells 5 to 1?

Where do you get that from? Why is the price behaving like its 1 to 5 instead of 5 to 1?

Your analysis to me seems to be like you are living on a different plant. Are you sure you're not just trying to convince yourself that the poor situation ins't as it is? Taking a loss on a poor position which is unlikely to recover any time soon is a difficult thing to do, even when you know it's the right thing to do. I have no position, and i think the worst is over but i don't see any recovery in the foreseeable future. It's just dead money in tesco imv. Not even a divi.

[muffinhead] 09/5/2016 13:48

If Tescos is to maintain market share, it will need refinancing at some stage and current shareholders will be kitchen sinked with the structural change and left with the pension deficit. Profitability needs to be based on very low profit margins to address the competition. New financing will probably take the form of preferance bonds covertible into new shares and existing shareholders will get no or very small dividend allocation after bondholder payments. Another two years to go yet while institutional shareholders sell current shares bit by bit.... just my tuppence forecast

[andrewbaker] 09/5/2016 13:36

Tesco is undervalued by any sensible and reasonable criteria one wishes to use. In addition, every one of their mini-marts/corner shops that I use is always busy, and these outlets sell more profitable lines that convenience shoppers buy because they need and want them then and there. So, turnover at the expense of margin is not the only game in town.

Aldi and Lidl don't compete and couldn't compete in the above area.

Also, recent institutional buying has dwarfed selling by a factor of 5 to 1, so people who should know something more than the average guy are supportive.

As for the charts/technical side, the price went back up through the weekly downtrend of the past year a while ago, and won't establish a new downtrend unless and until it dips back below 149p/150p. Any bounce from that price region would confirm the uptrend is still in place.

I posted some time ago that any price under 200p. is a buy, and repeat that now.

[madfool2002] 09/5/2016 11:48

If charts is your thing then there's a gap at 140 on the Candlesticks which suggests that's where it's headed.

[loganair] 09/5/2016 11:18

PO - When there is a good and positive case for doing so as at the moment Tesco is still losing market share and it´s p/e is still far too high.

In otherwords at the moment the logic point isn´t sound to make a long term investment in Tesco as Tesco has done nothing to move forward, all its been trying to do is to stabalize its situation.

[pierre oreilly] 09/5/2016 10:26

Should beI.e. what will cause institutions to buy

[pierre oreilly] 09/5/2016 10:25

Until it's good value in its more competitive market, where it sells less at lower cost. Rather than falling much further (relative to the market) I think the concern is that it's likely not to rise, and no divi. What drivers are there for a share price rise, is what will find me institutions to buy? I can't see anything on the horizon at all.

[1corrado] 09/5/2016 09:22

AND down we go again till when????????????????????????

[james smith] 09/5/2016 08:32

Very interesting !

[vaneric] 08/5/2016 09:13

I was thinking the same Ladeside, looking over the posts from this last few days I thought I'd somehow arrived at Woman's Hour.

[ladeside] 07/5/2016 18:36

I go shopping to shop. I don't understand cricket and quite frankly I have friends that I speak to so don't really need or indeed want a heart to heart with my local shop employees.....