Tesco Share Discussion Threads

[spob] 11/4/2018 17:46

Shouldn't really be paying any dividends at all with net current asset value sitting at around minus 20 Billion pounds

just my opinion

[philanderer] 11/4/2018 17:32

Hi hazl , hope you're well and doing ok. Tricky year so far to show a profit.


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Citywire:

The supermarket followed November's 1p interim dividend, its first in three years, with a 2p final payout.

'Tesco is enjoying a renaissance, and its turnaround plan is literally paying dividends to shareholders,' said Laith Khalaf, senior analyst at Hargreaves Lansdown.

'The payment announced today puts the stock on a yield of around 1.5%, not a great deal to write home about, but after a three-year hiatus investors will be pleased to see the dividend taps flowing again,' he said.

'Looking forward Tesco intends to pay around half its earnings to shareholders, so improved business performance will mean the dividend has scope to grow too.'

[walbrock82] 11/4/2018 17:20

Tesco is on the rise but that depends on two factors: The sustainability of food inflation and the Booker Group integration.
From the results, I think the medium-term forecast for Tesco’s share price would approach £3-£3.50 per share in the next two years because of the following reasons:
-Booker would help to enhance Tesco’s earnings, due to making 3.3% margins on operating profits. Add in the costs savings then margins could rise to 5%-6%. Also, it acts as a hedge against discounters.
-The turnaround of Tesco, along with costs savings on their core operations made under Dave Lewis is working.
-The growing profits from their banking arm would add £200m to £300m to profits in three years’ time.
-In the past 30 years, food deflation occurs in 8 of those years with the last being the biggest. A potential food inflation of 2%-3% for the next two years is likely.
-Lastly, factor in lower borrowings and pension deficits mean an increase to market capitalisation.
For more on Tesco and other companies’ results from Epwin Group and Universe Group, click

[hazl] 11/4/2018 15:59

well done philanderer !
I have been pleased at the recovery too.
Sitting pretty hopefully.

[philanderer] 11/4/2018 13:51

City analysts react to Tesco's higher profits and restored dividend

[qantas] 11/4/2018 11:55

Shorters doomed to failure Hedge and Jelly fish getting burnt today at Tesco





Tesco defies retail gloom with surging £1.3bn profits

Please do your own research.

[hazl] 11/4/2018 11:24

Well done TSCO as I expected.

[chinese investor] 11/4/2018 09:57

Will Drop Now !

[loganair] 11/4/2018 09:37

Sales at Booker outlets open for more than a year were up 9.9pc. Tesco said it expected Booker's operating profit before exceptional items for the year to March 30 to come in at about £195m and net cash around £120m.

[ny boy] 11/4/2018 09:32

Very happy I got back in yesterday, holding now, ex divi next month, should see a move to 250p this year maybe by Q3 let’s hope for a good run for England in the WC and decent weather

[philanderer] 11/4/2018 09:17

'Tesco defies retail gloom with surging £1.3bn profits'


The retail giant's profits soar after two straight years of rising sales and the completion of its £3.7bn Booker deal.

[smurfy2001] 11/4/2018 08:57

Great CEO this one actually deserves his bonus. Can't be said about most companies though.

[philanderer] 11/4/2018 08:45

Well done Tesco :-)

....should be some upgrades in the next few days.

[harvester] 11/4/2018 08:30

bought in during market open auction @ 215.2expecting Eod above 220. Fingers crossed

[chinese investor] 11/4/2018 08:27

A "Brown Trout In The Pond" Scenario !

That's Management Speak !

[chinese investor] 11/4/2018 08:24

Good Luck To All TSCO Holders !

[lammylover] 11/4/2018 08:22

Hopefully remaining shorters at 1.69% will clear their positions and we can hold 215p+, ready for next step up. Good results Dave Lewis and BOD, keep it going!

[ny boy] 11/4/2018 08:21

Can’t hold back these sorts of results, blow out of the water Jobbie.

[chinese investor] 11/4/2018 08:19

SOLD COMPLETELY !

[toon1966] 11/4/2018 08:16

Not much conviction in your own beliefs if you sense 223p but sell before reaching this....???

[chinese investor] 11/4/2018 08:12

I sense 223p !

[chinese investor] 11/4/2018 08:04

SOLD SOME !

[ny boy] 11/4/2018 07:48

Pretty damn good results imho

[sza2002] 11/4/2018 07:44

I see this powering up to 240.