Tesco Share Discussion Threads

[nathdani] 06/2/2017 13:57

Don`t know why you bother Portside as soon as I see your name just don`t read it and others have you blocked so not worth your time its not even worth you replying to this.

[portside1] 06/2/2017 13:18

directors have no faith that is why they have not bought shares .
its not hard to see why they are happy to be silent to push the share price even lower on the run up to more free shares the lower the share price more shares

[portside1] 06/2/2017 13:16

for 30 months WE HAVE BEEN TOLD BY LEWIS WHAT A GREAT JOB HE IS DOING ,.
well after 30 months no divs but loads of directors bonuses for failure
the share price is down over 20% yes down under lewis 20% this deal if it is so good why has the share price fallen , good deals do not leave the share price down

[portside1] 06/2/2017 13:00

the advisors to Tesco are even shorting Tesco the sfo must investigate
Tesco paying advisors who are under mining the companies sp

the directors of Tesco are under mining the company

[portside1] 06/2/2017 11:47

the dal is no good it stinks only good for shortterm directors to make money its no good for holders, cancer lewis silent notice is share buying over the last 30 months he dose not give a toss about Tesco only is bank balance

[vaneric1] 06/2/2017 11:42

It's my experience as a former shopkeeper that the wholesalers pull the strings in all these so called franchise deals.

We were persuaded to join Spar as the saviour of the small shop trade but found that all the costs of promotions and advertising matter had to be borne by ourselves, it didn't work for us and we were simply dumped by the wholesaler when our purchases didn't meet their required limits.

We dropped the Spar name and did our own thing using cash and carry.

[loganair] 06/2/2017 10:16

Telegraph - Booker bosses will launch a charm offensive this week in an attempt to convince Britain’s shopkeepers of the merits of its shock £3.7bn Tesco merger, amid rising concerns that the deal will strangle competition in the convenience store market.

Booker chief executive Charles Wilson and managing director Steve Fox will begin by addressing thousands of Premier convenience franchise owners at Newbury Racecourse next Wednesday as part of a tour of the UK.

Booker supplies 5,463 Premier, Happy Shopper, Londis and Budgens convenience stores. The shopkeepers own the properties and manage their stores on a franchise basis.

It is thought that while some shopkeepers are encouraged that the Tesco tie-up will mean greater purchasing power and lower prices, there are growing fears among rivals about Tesco’s sprawling control of the nation’s grocery supply chain.

Senior retail sources have claimed that it is “disingenuous” for Booker and Tesco to dismiss competition concerns because Booker only owns six of the 6,000 shops it supplies.

“It will run through Tesco’s buying and sourcing teams, meaning that Tesco will not only control the supply and pricing that feeds into its 3,569 supermarkets, Tesco Metros and One Stop convenience shops, but the entire Booker convenience network,” one senior retailer said.

“Their argument about ownership and supply is a red herring and the nature of being an independent sits at odds with Tesco being in control of your supply,” he added.

The Association of Convenience Stores will be lobbying the UK’s Competition and Markets Authority to ensure the watchdog understands the implications for the entire convenience sector. The deal will place huge pressure on Costcutter, Nisa and Spar as they compete with Tesco-Booker.

[johnwise] 05/2/2017 16:27

Tesco rejects £170m claim by shareholders and denies allegations there was pressure on staff to achieve profit targets by 'dishonest means'

[wilksey1] 04/2/2017 15:41

this is porty when tesco share price went up

[lufc5] 04/2/2017 01:22

p1. What nationality are you?

[portside1] 03/2/2017 13:43

is their any one on this thread that knows the facts on this issue

[portside1] 03/2/2017 13:42

jp morgan are advisors to booker deal , jp morgan are manipulating the share price of Tesco
holding short positions in Tesco surely that is insider dealing knowing the details
surely this must be illegal because they are being paid by the deal .

[loganair] 03/2/2017 10:00

IC - So who saw that one coming? Wholesaler Booker (BOK) and Britain's largest supermarket chain, Tesco (TSCO), have announced a £3.7bn megamerger, with the grocer offering Booker shareholders a cash-and-shares offer amounting to 205p a share, roughly a 12 per cent premium to the last recorded closing price before the news. By way of reaction, both share prices have spiked, with Booker's immediately trading at 212p, but falling back later.

But analysts seem unconvinced about what's in it for Booker's shareholders in the long term. They should own around 16 per cent of the enlarged entity, and chief executive Charles Wilson will earn a place on the new board, but Tesco seems to be the real winner here. The recovering supermarket chain claimed it would reap efficiency benefits - around £200m worth annually three years after the deal - thanks to Booker's supply chain and is likely to become more cash-generative, too.

There are also concerns that the Competition and Markets Authority will have a field day with this. Tesco already has a 28 per cent share of the UK grocery market - the largest compared with its rivals - and the Booker deal will significantly extend its foothold in convenience shopping. Some analysts are convinced disposals will be necessary to satisfy regulators - although this could, in turn, present further acquisition opportunities for other grocery chains looking to extend their property portfolios. What's more, the Tesco recovery plan is far from complete, with analysts at Shore Capital sceptical about the fact that neither group has, in recent memory, expressed an interest in either the wholesale or traditional supermarket retail worlds.

Shore Capital has also drawn a link between the sudden resignation of Richard Cousins, a Tesco senior independent director, last December and the deal news. They speculate it means there was not unanimous board support for this deal and believe Mr Cousins' departure is a blow to the grocery giant given his experience and capabilities in food and beverages.

[portside1] 03/2/2017 08:27

my phone call on Monday was very interesting on their comment

[portside1] 03/2/2017 08:26

that's good will not see you again great day

[mornington crescent] 03/2/2017 08:16

portside1 3 Feb '17 - 08:10 - 18928 of 18928 0 0 (Filtered)

sorry porty
you are just mentally unbalanced

and spoiling a perfectly good thread

[cocker] 02/2/2017 20:40

The Booker deal gives Tesco a massive boost in the smaller one stop outlets. For some time now people are not so keen on the big one off shops once a week, but tend to use the smaller ones.

[mercer95] 02/2/2017 18:36

Stop comparing Lewis to a cancer you moron portside

[portside1] 02/2/2017 11:12

facts lewis will say nothing till bonuses have been given out its called loking after your own ends first , when the bonuses come out very soon you will see why he was silent . lower share price more bonus shares

[mornington crescent] 02/2/2017 11:12

I dont think this deal is about the retail end
its all about the supply side battle with the likes of Unilever etc
they now have two hands on the throats of suppliers

very clever move but very expensive for Tesco balance sheet