Tesco Share Discussion Threads

[chris coxon] 22/5/2016 16:46

Ah yes, 'Porty the great pretender'

[portside1] 22/5/2016 14:08

buti are buying more BARCS UNDER VALUED BY OVER 100% YOU HAVE NOW BEEN TOLD
BUY BARCS FOR A GREAT RUN UP TP AROUND 400P OVER THE NEXT 16 MONTHS

[portside1] 22/5/2016 14:06

have decided to avoid these shares , to much risk and poor management who in the last 18 months have just milked the company . and no good news for holders
so will not be buying back

[tenapen] 22/5/2016 12:59

He is EX - RBS & HBOS until the crash.

What did Tesco think when they hired him ! he could change his mentality.


Greedy Bankers, Past - Present & Future.

[johnwise] 22/5/2016 12:32

.
Tesco Bank boss' spending habits could make him household name

Higgins has spent £18,000 on taxis in just eight months.. This is outrageous, given that he earns £2.2 million a year and he submitted his taxi expenses at a time when Tesco is shedding staff and reining in spending.

I cannot imagine Tesco group chief executive Dave Lewis, who notably sold the company jet and takes the train instead of the company car to get to meetings as part of his cost cutting efforts, is terribly impressed with Higgins’ behaviour.

After all, it undermines the impressive work that Lewis and Tesco staff across the board are doing to turnaround the supermarket giant.

[rock star] 21/5/2016 21:27

The £18000+ taxi bill over 8 months for the bank chief tells you something about the culture.

[tenapen] 21/5/2016 20:08

ian, tis true but they were still swimming naked when the tide went out (Barclays took 'emergency funding' from the middle East rather than take the Government money).



Barclays hit by new storm as chiefs probed over £7bn Arab bailout
Four key figures investigated over commissions in vast Middle East deal to save bank in 2008

James Moore @TheIndyBusiness Friday 27 July 2012

The probe focuses on millions of pounds in commissions the bank paid to help secure the £7.1bn raised from Qatar, Abu Dhabi and its own shareholders in November 2008, and the £4.5bn from investors including Qatar and Sumitomo Mitsui Banking Corporation in June 2008.

Cont...

[ianood] 21/5/2016 18:18

tenapen - Barclays did not take any Govt money, nor did HSBC. Had it not been for Gordon, LLOY wouldn't have either, but that's another story.

[rimmy2000] 21/5/2016 17:58

Look back at posts and portside used to be a big advocate of TSCO. I surmise he has therefore at some point sold likely at a loss and now cries sour grapes. Best ignored imo. Certainly not informed on matters TSCO.

[tenapen] 21/5/2016 14:44

The trouble with Portside1 is he is a hypocrite.

He holds BARCLAYS ..... one of the big four banks who broke the country with their gambling, that cost and is still costing the working man many thousand of pounds as 'we' pay for their mistakes. And yet he comes on this thread to criticise Tesco / Lewis.

The mind boggles.

[pierre oreilly] 21/5/2016 11:16

Yeah the living wage could be costly i expect. Tesco will probably interpret the living wage as £7ph for shelf stackers and £30m pa for directors. Could you live without a Beneteau and a learjet to get to it?

[nathdani] 20/5/2016 16:37

These shares are for the staff`s turnaround bonus .I did wonder how Tesco was going to give staff a one off 5% payment ,more dilution for holders though .

[stoaty1] 20/5/2016 15:48

You really are a bore portside1, same ol same ol day in day out!

[ladeside] 20/5/2016 12:07

They can't be though, as it was part of the total reward package for staff as negotiated by the Unions. It's actually the 2013 award which matures next week and of course was held in trust for 3 years as per HMRC rules.

[ladeside] 20/5/2016 11:45

For the avoidance of doubt, I believe these shares are linked to the "shares in success" award which was allocated to all staff members in 2011 and is basically part of the Tesco staff total benefits package.

[capeview] 20/5/2016 10:22

I wouldn't complain if those shares were actually given to share holders already, but we know that won't be happening.

It would be far better to give those shares to the staff who work in the stores and the minority holders, so that they have to keep them for a certain amount of years, that when the business turns around, they can then capitalise on the profits they gain from them.

Instead, they'll be given to the directors and people at the top. Disgusting.

[portside1] 20/5/2016 10:16

33m more free shares to the failing directors who are a bunch of crooks

[portside1] 20/5/2016 10:15

dave lewis says its good to issue free shares its gives us far more
we may bring back divs in around 2 years

[portside1] 20/5/2016 10:13

20 May 2016



Tesco PLC



APPLICATION TO LIST SHARES



Application has been made for the listing of 33,000,000 Ordinary Shares of 5 pence each to the Official List of the UK Listing Authority and to trade on the London Stock Exchange's main market for listed securities.



These shares are being issued and allotted pursuant to the Tesco PLC Performance Share Plan 2011.



Application has also been made for the admission of these shares to the Official List and to trade on the Main Securities Market of the Irish Stock Exchange.



The shares will rank equally with the existing issued Ordinary Shares of Tesco PLC.



Admission is expected to be effective on 23 May 2016.


more dilution for holders printing more shares for failure
to issue more free shares for failure share price down from 480p to 161p

Tesco is run by crooks

[cocker] 19/5/2016 11:08

Easily to be caught out as Monday we saw a quick rise to 170.

[capeview] 19/5/2016 10:13

It's funny how this plays out. Barcs up, sell, Tesco down, buy. Works out great though if good profits can be made and then on the reverse.

I don't have access to a lot of the charts as can't afford to with working on the house, so trying to make a little here and there to help fund the renovation.

[portside1] 19/5/2016 09:01

diku looking to buy back at around 154p