Tesco Share Discussion Threads

[anony mous] 05/10/2017 08:57

Nope but the trust is/was damaged.Tesco play dirty tricks and that's there business model, has been many years.Hopefully that's changing now and recovery happening as customers slowly come back.£2 will come very quickly. Overall onwards.

[toon1966] 05/10/2017 08:31

So Anony Mous do YOU think Tesco made-up the good results they released yesterday?

[temmujin] 04/10/2017 21:36

i think todays drop was profit taking...sell on news,could easily bounce back tomoro

[philanderer] 04/10/2017 20:56

Mail market report:

'It's all looking up for Tesco,' commented analyst Neil Wilson at ETX Capital. 'Dave Lewis and co are confident Tesco has not only recovered but will continue to produce growth despite fierce competition.'

'The 1p-a-share interim dividend is not massive but it's a start and shows management is happy with where things are. Pre-tax profits surged from £71m to £562m, while group sales were up 0.7%.'

'We have, for a long time, liked the prospects of Tesco's new strategy under CEO Dave Lewis which he says this morning is 'firmly on track' to deliver,' added Ed Meier, manager of the Old Mutual UK Equity Income Fund.

'These results give confidence in underlying potential for earnings, cashflow and, yes, dividends.'

Retail analyst at Quilter Cheviot Amisha Chohan concurred. 'Against a competitive market backdrop, we believe the stock has strong recovery potential and a management team capable of delivering it. We have confidence in Tesco's strategy.'

[aussiedonnie] 04/10/2017 19:23

I wouldn't touch TSCO with a barge-pole.

[anony mous] 04/10/2017 17:40

I don't think anyone trust these numbers from Tesco.City analysts have dug deeper.

[philanderer] 04/10/2017 17:30

".....Tesco fell despite reinstating its dividend after a three-year hiatus with a 1p half-year payout as sales and profits rose more than City forecasts. But shares in from Britain's biggest grocer fell more than 3% from recent five-month highs as analysts and investors dug deeper, finding disappointment in UK like-for-like sales slowing in the second quarter to 2.1% from 2.3% in the first."

[obiterdicta] 04/10/2017 17:14

Eating Tescos out of date and wrongly labelled meat has lowered mortality rates across the land, thereby reducing the deficit.

OD

[tlobs2] 04/10/2017 16:17

Right then...... I'm in. Fingers crossed, onwards and upwards :-)

[toon1966] 04/10/2017 14:03

nathdani - did you actually read the article? It stated: "The significant deficit decrease is the result of lowered expectations on mortality rates, which has reduced the deficit by £711m, and the move to apply a discount rate to long-dated corporate bonds rather than gilts, which has delivered a £1.7bn reduction."

[philanderer] 04/10/2017 13:45

CMA provisional findings this month on Booker deal will now dominate.

[philanderer] 04/10/2017 13:30

Plenty of broker comment here....

[losos] 04/10/2017 13:10

nathdani - "How can the pension deficit come down 3 billion pounds that quick?."

I know nowt about pensions but I believe it has to do with 'life expectancy'

Until this year everyone thought life expectancy would continue to rise year after year.

But this year (shock horror) the medics and insurance actuaries came out and said "No, average life expectancy will stay where it is for the next generation"

The outcome of that is that companies don't need to pump additional millions into their pension schemes.

So sorry to disappoint you but you're not going to live forever, 'tho I do hope you continue to breath for many decades, and likely a lot longer than me haha.

[toon1966] 04/10/2017 12:47

One of the reasons for the share price fall? UK like for like sales slowed in the 2nd quarter from 2.3% to 2.1% - hxxp://www.sharecast.com/news/tesco-restores-interim-dividend-as-sales-and-profits-beat-forecasts/26521667.html

[tlobs2] 04/10/2017 12:06

It looks like Tesco may have turned the corner and well on the road to recovery. I might dip my toes in the water here :-)

[nathdani] 04/10/2017 11:50

How can the pension deficit come down 3 billion pounds that quick?.

[smurfy2001] 04/10/2017 10:54

3p dividend isn't great. SBRY pay 10.20p and yield 4.26%. Why invest here?

[o1dsmokie] 04/10/2017 10:24

I see Tesco have published a new " cookery" book aka The Profit Returns



hahahahahahah

[shanieboy01] 04/10/2017 10:06

Just think of all the stops the big boys just knocked out.

[toon1966] 04/10/2017 10:01

Pension deficit has been 'reduced' -

[rlivsey] 04/10/2017 09:29

Morrisons results weren't too bad and they got hammered by the market

[gairich] 04/10/2017 09:20

I'm surprised that you are all surprised, this happens every time

[ny boy] 04/10/2017 09:20

Excellent, waiting to buy the usual sell the news, this time we have the start of divis again! ex div 12 Oct