Tesco Share Discussion Threads

[supermarky] 07/7/2016 16:53

It's already a penny share mate

[albert3591] 07/7/2016 13:27

I don't think consolidation of the big four is to far away.

[sr2day] 07/7/2016 11:52

make no mistake this will be a penny share sooner or later.

[andrewbaker] 07/7/2016 11:41

Tesco are getting back to basics and the profitable stuff, and unloading the rest. It'll take time, and as it goes on, the figures will show great improvement. Their local mini-markets all around my area, are always busy, as I've posted before: and often you have to buy a more pricey item there along with your other shop, and this all adds to the bottom line.

I'm still long, and pleased to see a steady rise began before Brexit, and interrupted only by poor sentiment as a result of the vote; but that won't last long, is an opportunity to add, and will go steadily north as the year progresses.

[monet] 07/7/2016 08:13

Shares in Britain's top three supermarket retailers fell sharply yesterday after analysts said there were "not enough sales to go around" amid growing fears of a renewed food price war. Tesco topped the list of biggest fallers in the FTSE blue-chip index, down more than 8 per cent to 161½p a share, after an analyst at Redburn, an independent research group, said that overcapacity and competition meant Tesco's "fair value" was 80p, less than half the grocer's closing price. - The Times

[jordaggy] 07/7/2016 06:56

Didn't he front the 'Dave Clarke 5' ?

[bookbroker] 06/7/2016 17:23

Johnwise, post 17829, if Dave Clarke is running the co. then TSCO is is big trouble, and will most likely go to zero, what does he know about retailing, he's a bloody DJ.!

[grahamburn] 06/7/2016 14:09

Looks like Tesco has offloaded their old Cheshunt HQ where a new "urban village" is planned.



No figures revealed which makes one wonder whether Tesco itself has retained an interest (as the joint venture partner, perhaps?). If so, an RNS from Tesco may appear later.....

[nerdlinger] 06/7/2016 13:38

Isn't most of the milking done on falling prices by short-selling scumbags?

[albert3591] 06/7/2016 13:23

Of course it will lufc55,the money men will milk it then cash in a second time on rises.

[lufc55] 06/7/2016 12:42

It will rebound.

[tfergi] 06/7/2016 12:16

Why is this 8% down today ??

[james smith] 02/7/2016 14:02

Oops !

Back to around 170p where it belongs still.

[e j blythe] 01/7/2016 17:21

Nice recovery here!

[johnwise] 30/6/2016 07:57

Tesco reports ‘continued positive momentum’


Tesco has released its First Quarter Trading Statement 2016/17, with positive results for the Republic of Ireland (which can be viewed in the table below) where like-for-like sales are up by 0.3%.

Tesco CEO Dave Clarke attributed this growth to the fact that in both the UK and internationally, the retailer is “re-configuring our business” to serve customers better. New fresh food brands are also performing strongly, with over two-thirds of customers having bought products from the new range.

“We are encouraged by the progress we are making,” Clarke added. “By growing volumes, transforming the way we work together with our suppliers, and further optimising our store operating model, we are rebuilding profitability in a sustainable way.”

Read more:

[vaneric] 29/6/2016 18:33

Aldi got a slap from the ASA for misleading advertising, claiming customers could save but showing branded goods against their own label stuff so no like for like saving.

[chinese investor] 28/6/2016 13:49

Nice Recovery !
People Have Got To Eat !

[nerdlinger] 25/6/2016 13:32

I wonder how hard it would have been to sell. I bet there were some hapless spreadbetters who were able to be stopped out as well.

[richtea1701] 25/6/2016 08:12

Artemis updated in their newsletter that they added Friday morning. You are right - they will have had no problem getting nice price

[jordaggy] 25/6/2016 04:51

We need to be patient before we buy at these perceived bargain prices...I too am tempted to pile in to average down...let's see what the fundies do first. Monday should be telling...