Tesco Share Discussion Threads

[ignoble] 19/5/2017 19:53

Tks for that , will pass it along

[grahamburn] 19/5/2017 19:44

It has not been a single 7 year jump - it started as a gradual process over the past few years with the age rising gradually from 60, starting (I think without checking) about 5 or 6 years ago. As noted above, the process was started under the last Labour government.

[ignoble] 19/5/2017 19:38

I think my other half's point was the 7 year jump and no warning is a tad unreasonable.
A gentle increase would be understandable

[vaneric1] 19/5/2017 18:55

@Fangorn2
Me too, there's an awful lot of widows about.
There is though the fact that many of them only get a smaller pension on the strength of their husband's contributions due to their time out for child bearing and housekeeping.

@Ignoble

The increase in the age when pensions can be drawn has been on the cards for a very long time, even before the Con/Libdem coalition so voting for the others ain't going to change that.

It's not going to bother me.......I'm 82 now.

[fangorn2] 19/5/2017 18:40

@Ignoble,

I've always wondered why Women's retirement age is/was earlier than mens given they (nearly always) live far longer than men.

[ignoble] 19/5/2017 18:16

My wife has voted blue all her life
Putting the woman's retirement age from 60 to 67 ....no more Tory
A gentle increase over the years would be reasonable
7 years at £5500 or whatever the pension stands at is £37000 or so that she loses out on or ,at least, that is how she sees it !
Interesting point she makes, imho

[portside1] 19/5/2017 16:33

Read the Booker merger details a little cas and the rest in tesco shares , then the shares in bonuses it takes tesco over 10b after merger, I may have to stay in Ibiza for a another 10 days to sort out some business , not happy with that I want to be back in the uk to canvas but the wife is doing a good job back home

[toon1966] 19/5/2017 14:07

Just out of interest Portside1 how did you work out the 'extra 2 billion shares' or where did you find this information? Amended 14.39 - just found the information I needed. But why use the word 'diluted', I appreciate Tesco are paying a premium of 12%, but the enlarged Tesco Group will in future include Booker revenues (now over £5 Billion).

[portside1] 19/5/2017 11:33

And a extra 2 billion shares that is the dilution

[toon1966] 19/5/2017 08:33

Portside1 said 'do you figs' - interesting from someone who does not understand a balance sheet and what is and is not 'debt'. I don't believe there would be any take-overs/mergers if every CEO followed Portside1's simplistic view. He may want to think along the lines of Booker becoming an asset, creating increased revenues, profits, free cash flow etc for the Tesco Group. Just my opinion.

[amoore70] 19/5/2017 08:10

Yes looks like a good set of results, makes porkside1 look even a bigger fool than he already was

[portside1] 19/5/2017 08:10

The above so 174m profit so it would take tesco over 25 years at that profit to just break even , 10b shares in issue so div will never again get over 4p at most do you figs

[toon1966] 19/5/2017 07:51

oh and for Portside1 an article which suggests there are some who think this is a good deal -

[toon1966] 19/5/2017 07:42

I noticed Booker produced a solid set of financials. Revenues exceeding £5 Billion for the first time, 15% jump in full year earnings. All in line with analyst's expectations.

[fozzyb] 18/5/2017 18:41

Isn't that where the Cameron's would holiday? There are two very different sides!

[amoore70] 18/5/2017 18:09

portside1
18 May '17 - 15:49 - 20002 of 20004 0 0

Fox I am nigh on 70 fit and honest
I am going to Florida for sept then xmas in lans

Florida and Lanzarote, wow not much better than Ibiza. Where is it next year Benidorm? Chav.

[portside1] 18/5/2017 15:49

Fox I am nigh on 70 fit and honest I am going to Florida for sept then xmas in lans

[1fox1] 18/5/2017 11:46

Hmmmmmmmmmmm. Never really fancied Ibiza. Enjoy yourself porty. I didn't have you down has a raver he he

[portside1] 18/5/2017 09:07

From sunny Ibiza