Tesco Share Discussion Threads

[philanderer] 12/4/2018 10:09

updated:

12th april JP Morgan overweight tp 265p
12th april Kepler hold tp 219p
12th april Berenberg buy tp 265p
12th april Barclays overweight tp 265p
11th april ShoreCaP buy -

[vaneric1] 12/4/2018 10:06

I bought at 148p when the 'you know what' hit the finances fan, top sliced at 2.03 and sitting on a 30% + profit on the remainder,

When to sell is the next vexing question.

[philanderer] 12/4/2018 09:34

12th april Berenberg buy tp 265p up from 255p

[nerdlinger] 12/4/2018 09:28

as I write, TSCO = MRW = 229.40. This is meaningless but there are probably some hapless spreadbetters attaching meaning to it. Talking of meaningless, I break even at 297...

[dbensimon] 12/4/2018 09:16

Still making a loss on initial purchase at 3.20. However bought more at 1.65 so I am getting there. Future prospect is looking good. Come on Tesco

[khu1] 12/4/2018 08:53

It is good time to buy Tesco share, the target price will be £4.00 by the end of year 2018.

[ladeside] 12/4/2018 08:10

Showing some real strength again this morning. £2.30 is a good base to build from with £2.50 surely a realistic near term target.

[philanderer] 12/4/2018 00:07

'Tesco back on track as shoppers splash out £980m a week… but is boss Dave Lewis off to Unilever?'

[anony mous] 11/4/2018 21:58

LolAll the doomsters have disappeared back under their stones.Nice turnaround. Onwards.

[tenapen] 11/4/2018 21:28

Dave Lewis,

Worth every penny.

:-)

[philanderer] 11/4/2018 20:04

Tesco online grocery sales up 5.1%

[mercer95] 11/4/2018 19:35

That’s what I call priced in, must be a good profit margin on those Easter eggs GLA

[hazl] 11/4/2018 19:32

philanderer,its been a strange time I'll grant you but I fear there's worse to come.
Keep ducking and diving!

I have done ok with a few, APPS seems quite good.
But pleased with TSCO. H

[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.