Tesco Share Discussion Threads

[tyranosaurus] 13/6/2016 13:18

Amazon subscription means no interest from me.

Already fed up with Amazon Prime subscribers being able to buy stuff at up to 50% cheaper.

There will come a time when Tesco shares will be worth buying, but as yet we haven`t reached it.
They need to sell more of their surplus property to reduce debt and start paying dividends again before this time arrives.

[fangorn2] 12/6/2016 19:16

Subscription going to be the killer for me...not going to be tied into it (which is what subby all about)

[diku] 11/6/2016 19:06

Think they could do with less baggage at board level!!...maybe too much of those Yes Sir types still there...if times are hard then they need to work harder as well...or else get rid of them without golden goodbyes...

[retsius] 11/6/2016 12:43

Patience my friends,turning a business this size can't be done overnight.
Good progress this week in getting shot of'baggage'
Market is hugely being influenced by the Ref.
R.

[johnwise] 11/6/2016 12:30

Amazon's new food delivery service is up to 50% cheaper than supermarket rivals


Amazon’s new food delivery service is up to 50 per cent cheaper on shopping basket essentials than mainstream supermarkets.

The launch of AmazonFresh could see food price wars intensify – provided shoppers can stomach the subscription and delivery fees.

As well as fresh food, big brands and specialist products, the web giant will sell thousands of Morrisons own-label products. Surprisingly the company is offering some foodstuff for less than Morrisons itself.

[loganair] 11/6/2016 09:24

I my good opinion Tesco´s best days are over and this share is now one for the speculators and traders rather than the medium to long term investor.

[dailylarma] 10/6/2016 20:51

Said the man with a pink gunLmao

[the_man_with_the_pink_gun] 10/6/2016 16:06

STRONG SELL

TARGET 90P

[nerdlinger] 10/6/2016 15:44

brexit might be more of a problem for Lidl et Al di

[prambigear] 10/6/2016 11:29

#17735 Wow. A master of the English language. True follower of Shakespeare, Churchill, et al.

[supercity] 10/6/2016 10:35

Supermarkets will be affected as the natural growth they relied on due to new stores has stagnated while they no longer build them so they now rely on pinching each other's custom or a higher customer base through more people (mass immigration) needing to eat - doesn't take a lot of thought just like a flippant response

[cocker] 10/6/2016 10:07

Exactly. Supermarkets will be the most effected by us leaving the EU as no one needs to buy food

[molatovkid] 10/6/2016 07:28

RNS Out:

Tesco today confirmed the proposed sale of its 95.5% controlling stake in the Kipa business in Turkey to Migros. The disposal, which is subject to usual local regulatory approvals, will result in estimated cash proceeds of around £30m, contributing to a reduction of around £110m in total indebtedness.

In a separate transaction, Tesco also announced its intention to sell the Giraffe restaurant chain to Boparan Restaurants Holdings Limited. The sale of Giraffe includes 54 standalone restaurants, of which 12 are franchise sites, and 3 restaurants within Tesco stores.

Commenting on the sales, Dave Lewis, Tesco Chief Executive, said:

On Kipa:

"The sale of Kipa reflects the particular strategic challenge we have faced in Turkey as a small regional player in a highly competitive market. It removes the need for the sustained investment required to enable the business to compete independently, allowing us to focus on improving profitability in Central Europe and continuing to grow our businesses in South East Asia.

The sale agreement recognises the significant improvements in the performance of the business over the last 18 months and I would like to thank Kipa colleagues, suppliers and partners for their service during a period of considerable change."


On Giraffe:

"As we stabilise the business in the UK, we continue to focus on where we can best serve the needs of our customers, while ensuring our business remains sustainable for the long-term.

Giraffe is a much loved brand, and while casual dining remains an important part of the shopping trip for many of our customers, we will continue to meet these needs through our Tesco Cafés and other providers. I'd like to thank colleagues from Giraffe for all their hard work in serving our customers and we look forward to seeing it develop in the future."

[diku] 09/6/2016 23:43

porty power is back...

[portside1] 09/6/2016 16:25

in 12months lewis has lost 10b in my m/c
is statement and the next update better be better or he must be sacked and
bonuses clawed back

[johnwise] 08/6/2016 21:07

"Amazon taking over the world. If Amazon do impact this market, then coming years the 4 big supermarkets will suffer even more cut backs and store closures will not be a surprise.. The growth of home food deliveries is remarkable the past 5 years and increasing every year...with Aldi, Lidil and Poundland and other taking on the big 4 supermarkets ... the last thing they want is an online Giant becoming more competition against them.. and their profits being further reduced... How things are changing so fast ...how many supermarkets will close some their less profitable store by 2025...as competition hots up even more...with Amazons massive strength."..


Amazon to launch new grocery service that lets you order at lunchtime and get shopping by dinner as it begins 'bloody' fight with UK supermarkets



Video
Trump: Amazon CEO using Washington Post for political power

[cocker] 08/6/2016 07:23

The recent fall in the share price was due to Sainsbury's likely to report sales down some 2% + today, well down only 0.8 so perhaps a recovery maybe on the cards.

[johnwise] 08/6/2016 06:55

Not a holder , interesting to those who are

Tesco closes gap as grocery market sales increase 4%

Consumer spending on grocery products enjoyed a further strong rise in the past three months; a period also notable for Tesco Ireland further eating into SuperValu’s market share lead.