Tesco Share Discussion Threads

[pvee] 16/6/2019 19:04

How dare you ! The broker downgrades are fine-tuned, subject to lengthy research and number-crunching algorithms, Philanderer. The 1p downgrade is entirely justified......what a bunch of µ!?*s

In contrast using my own extensively tried and tested research tools I've just sucked my finger and pointed it skywards. I can proudly announce that the result is a price increase up to 280p within 6m

Trust me :)

[joe say] 16/6/2019 16:19

Tough retail climate you saySo what would you say to a company that suggests to a customer to use another credit card to pay for a mobile phone (presumably decent margin) when its website declines the payment for no good reason And instead buys one via Amazon (ironically for 33% less!!!!)

[philanderer] 14/6/2019 17:59

Tesco CEO not ready to check out in tough UK retail climate

[philanderer] 14/6/2019 09:58

Tesco‘s future looks bright after turnaround

Tesco’s (TSCO) turnaround has seen shares rise 50% over three years and next week’s announcement on its future prospects looks bright, says Interactive Investor.

The group underwent a ‘radical overhaul’ and then continued with the ‘masterstroke’ acquisition of Booker, said analyst Richard Hunter.

Although its trading update was light on strategic detail, the forthcoming capital markets day will set out ‘further value opportunities’.

‘With many of its strategic plans already showing signs of success, prospects for Tesco are looking bright in the eyes of the market, where the general view of the shares as a strong ‘buy’ remains intact,’ he said.

Hunter added that ‘hurdles remain in the notoriously competitive sector’ and it remains to be seen what impact Amazon and the discounters have on the sector.

The shares rose 2p to 229.5p yesterday.

[nathdani] 13/6/2019 12:50

logan there is site for u ,very little helps .

[toon1966] 13/6/2019 11:08

Hargreaves Lansdown research update on Tesco can be found here -

[toon1966] 13/6/2019 10:43

You need to get a life loganair. In my opinion you have a problem with Tesco and so write whatever comes into your mind. Just out of interest why do you need to speak to senior managers in store???

[vaneric1] 13/6/2019 09:47

Ever thought it might be you Logan?

In my experience most people in all walks of life are polite but if rubbed up the wrong way that can quickly change.

[ignoble] 13/6/2019 09:20

Fair enough...

[loganair] 13/6/2019 09:20

I've found on the whole, most Tesco's in store senior staff are extremely rude, offensive and put down customers.

[pander45] 13/6/2019 09:09

Market likes the figures.

[ignoble] 13/6/2019 09:00

My local Waitrose has put 6 self check outs in store.
Only saw 2 people use them and that was for a couple of items.
13 people using old fashioned checkouts and prepared to queue.


The Tesco we use has well staffed checkouts with really friendly, helpful staff serving me.
My Tesco has done a great job with customer service... Makes you feel appreciated as a customer and that is why we use them!

[tfergi] 13/6/2019 08:06

Market not impressed by figures. But at least it's progress in these tough conditions.

[loganair] 12/6/2019 18:47

In my experience Waitrose staff are the most helpful and knowledgeable followed by M&S.

I agree when it comes to Aldi or Lidl as often unable to find any shop floor staff to ask.

[vaneric1] 12/6/2019 17:54

That's called 'biting off your nose to spite your face'

You can't expect every store assistant to know where every item is on the shelves.

In my experience Tesco staff are the most helpful I've found, if I can't find an item and I ask a staff member they will more often than not either direct me to it or trip off and fetch it for me.

Can't do that in Lidl, you have great difficulty finding a staff member to ask.

[albert3591] 12/6/2019 17:04

Tesco will lose custom if they keep thinning out the shop floor staff,asked someone the other day where a product was they couldn’t tell me.i gave them my wire basket of shopping and said you better put this away then,I’ll go somewhere else.

[philanderer] 12/6/2019 16:48

AGM tomorrow, which this time last year included a Q1 trading statement.

[philanderer] 12/6/2019 11:46

12th june HSBC 'buy' tp 275p up from 265p

[loganair] 12/6/2019 10:16

Never mind Tesco, is the Sainsbury’s share price the one to buy now?


The J Sainsbury share price is down 35% over the past 12 months, exacerbated by the failure of the planned merger with Asda.

It’s a very competitive environment, and without the claimed economies of scale that a mega-merger could possibly achieve, it’s difficult for Sainsbury to compete with the onslaught of Aldi and Lidl on top of the UK’s already squeezed marketplace.

The slightly upmarket appeal of Sainsbury appears to have largely evaporated these days, and I don’t know how it’s going to differentiate itself in now that it’s all down to price, price, price.

Bank?

Actually, one possible approach is to provide more in-store services, as I was reminded on Tuesday when I read of the appointment of Jim Brown as the new CEO of Sainsbury’s Bank. There’s nothing earth-shattering in that, but then I think back to Tesco and its diversification into banking and things like that leading up to its over-stretching crisis.

Sainsbury’s Bank seems to doing reasonably well, though operating profit from the company’s financial services (including Argos Financial Services) dropped to £31m in the 2018-19 year. To put that into some perspective, RBS reported operating profit of £1bn in its first quarter this year. And Sainsbury’s itself recorded a retail operating profit of £692m in the year just ended.

It’s only a few weeks ago that Tesco told us it was quitting mortgage lending, and was considering ways to dispose of the business entirely. As Kevin Godbold put it, “providing mortgages looks like another commodity-style pursuit with precious little to differentiate between one provider’s offering and another’s.R21;

No differentiation:

When the main service a company is providing is a non-differentiated commodity, I don’t think adding more non-differentiated commodities is really providing much of a competitive advantage. We already have a very effective and efficient one-stop shop for all our run-of-the-mill stuff — it’s called the internet.

No, it seems to me that for a supermarket to compete, it increasingly needs to do so on price, so how do Sainsbury’s and Tesco shape up on that score?

I know some of my colleagues are seeing Tesco at least as an attractive long-term buy at the moment. Looking at current forecasts for it, predicted EPS rises would drop the forward P/E to only around 12 by 2021, and the dividend would be up to a yield of 3.9%. And I’ll admit that looks like a tempting valuation right now.

And a look at Sainsbury’s shows a valuation that, on the face of it, looks even more attractive. Here we’re talking about an even lower 2021 P/E of 11, with a dividend yield of 4.6%.

Further ahead:

But I think we need to look to the greater future here, and I reckon Edward Sheldon has picked up on that very well. He points out that consumer data experts Kantar Worldpanel saw no growth from Tesco or Sainsbury in the 12 weeks to 19 May. And that’s during a period when Lidl sales grew by 11.1% while Aldi recorded an 8.5% jump.

City analysts might be predicting decent growth for both over the next few years, but I don’t yet see where it’s coming from. In fact, I can see all of our big supermarkets experiencing a tighter and tighter competitive squeeze. And that, to me, is not an enticing prospect for my retirement investments.

[philanderer] 12/6/2019 09:30

Lidl should open even more if it has the effect on the TSCO share price ;-)


'Lidl unveils £500m London expansion plan for 40 new stores'