Tesco Share Discussion Threads

[smartypants] 04/4/2017 09:58

Kantar monitors the household grocery purchasing habits of 25,000 households.
Kantar Worldpanel said:
Tesco continued to hold the biggest share of the U.K. grocery market. However, its recent sales growth reversed into a 0.4% fall and its market share fell to 27.6% in the 12 weeks to March 26 from 28.1% a year earlier. Sales in the 12-week period amounted to 7.15 billion pounds ($8.9 billion).

Nielsen Homescan showed:
Tesco's market share dropped to 27.1% in the 12 weeks ended March 26 from 27.6% for the comparable period of 2016.
Nielsen measures buying habits through a 15,000-person panel.

[smartypants] 04/4/2017 09:48

The Times reported on Monday that shareholder group Hermes Fund Managers has questioned the acquisition, saying it might put "too much pressure on corner stores" and cause a backlash against Tesco.

Hermes does not hold stock in Tesco but acts as stewardship consultant for other investment groups.

[vaneric1] 03/4/2017 12:53

I have a feeling that some of the dissenters have a foot in both camps and feel that they themselves will be disadvantaged by the deal, that's the reason for their comments.

[loganair] 03/4/2017 10:52

Another day and another major investment group has comes against the £3.7bn merger between Tesco and Booker, one of its largest suppliers, after the boss of Hermes Fund Managers warned it could give the pair "too much power" over smaller stores.

Speaking to The Times, Saker Nusseibeh, chief executive of Hermes, said the deal could put too much pressure on the 8,000 corner stores the pair will have influence over once the deal goes through (Booker owns the Londis and Budgens brands).

"Too much power in the hands of any one supplier is never a good thing," he said. "In the long term there could be a backlash against [Tesco]."

Hermes isn't the first investment group to raise eyebrows at the deal: last week two of Tesco's biggest shareholders, Schroders and Artisan Partners, wrote to its chairman asking him to retract the offer, saying acquisitions "destroy value for acquiring shareholders".

Schroders fund manager Nick Kirrage wrote in a letter:

"All management teams believe that their acquisitions will create value. However, there is compelling academic and empirical evidence that, on average, acquisitions destroy value for acquiring shareholders. We believe that the high price being paid for Booker makes the destruction of value even more likely."

And lawyers have suggested for the deal to be approved by the Competition and Markets Authority, Tesco may need to flog its Tesco Express stores.

[nathdani] 03/4/2017 10:32

Well that lasted just over a hour Porty.

[portside1] 03/4/2017 09:56

JUST FOR THE POSTER ABOVE A LOSER , IF YOU THINK A share price THAT FALLS LIKE A STONE OVER THE LAST 3 YEARS UNDER CANCER THEN YOU ARE NO INVESTOR MORE A TESCO WORKER OR SHELVE STACKER .

lets see lewis at the agm and figures of fact put to him and will not be capable of answering them with out bein warned of the question

[tenapen] 03/4/2017 09:30

Village Idiot, It was only last month when you was moaning and about to contact the FSA about the banks buying TSCO low and selling it high. Now you saying Quote; A share price DOES NOT FALL ON A GOOD DEAL WORK IT OUT.

Hello, anyone in there !


portside1
22 Mar '17 - 14:21 - 19369 of 19490 0 0
the banks are dumping to day they have sold they want it down they are also selling short positions and longs
portside1
22 Mar '17 - 14:22 - 19370 of 19490 0 0
was told 183p nearly their ,

[portside1] 03/4/2017 07:55

my last post till agm A share price DOES NOT FALL ON A GOOD DEAL WORK IT OUT ,

[nathdani] 03/4/2017 07:31

How can he say much at the moment with results around the corner ,its not allowed this close to results ,u should know this Porty.

[tenapen] 02/4/2017 08:36

Village idiot, your moan last month was the silence from Dave. He has now done an interview with this major Tory rag and your still moaning.

[diku] 31/3/2017 23:15

porty..are you fighting a lost cause here...

[fangorn2] 31/3/2017 22:51

Porty's been let out of the padded cell for the day I see....

Pity he didn't take his meds beforehand

Good weekend all.

[vaneric1] 31/3/2017 18:13

Porty's had a busy day talking to himself by the look of the number of filtered messages on here.

[portside1] 31/3/2017 16:22

when is THE CEO going to announce the claw back of the money gained by fraud

[portside1] 31/3/2017 16:08

the bank just dumped millions of shares , Tesco trade like junk

[portside1] 31/3/2017 15:27

18 years just to break even on the deal 18 years what a great merger
is lewis insane

[portside1] 31/3/2017 15:21

bring in dave potts get rid of cancer

stop the merger its bad news for holders its a rotten deal and no one at tesco will answer concerns

[portside1] 31/3/2017 15:20

very good . lewis give me till 2020 to fix Tesco then I can step down but rich to retire on money defrauded from Tesco

the silent cancer in tesco