Tesco Share Discussion Threads

[sentimentrules] 18/1/2020 08:55

Agree. The money should have gone into writing off debt all these years. Total reset. But that would benefit the masses. Not the companies hence wasn't done.

Price shall be paid

[sentimentrules] 18/1/2020 08:23

They made a proper mess of it all. With national and personal, global debt making 2008 debt look like a savings account, they have done everything to stop a global default run and bank runs following etc

There comes a checkmate point at some stage...

The strategy can never win longterm because real term salaries are years behind and true term inflation high.

Default run can't be avoided forever

They have floated markets for a decade. Word low unemployment numbers. Record markets. .. and the ticking bomb never stopped ticking

[chiefbrody] 18/1/2020 08:04

Interest rates are not pegged to Inflation. Not any more anyway. They're just set low because of all the debt and to keep asset prices high. As has been said, inflation had been much higher than officially said, at times, yet they did nothing with rates. Inflate the debt away and keep all the bubbles bubbling. To hell with everything else.

[philanderer] 18/1/2020 00:25

'Sainsbury's named cheapest supermarket of 2019 by Which?'


.....Because the consumer group only tracked supermarkets that sell their full range online, discounters Lidl and Aldi were not included in the study.

[loganair] 17/1/2020 20:42

The real inflation rate is around 8% not the 2% that the government says it is.

Example - Last year I noticed on my fabric softener that the bottle did less washes. For the same price the bottle contained 19% less liquid, therefore the softer had increased 19% in price.

Underwear use to have 5 in a packet, then last year change to 4 in the packet for the same price therefore each pair had gone up 20% in price.

Years ago on the Asda web site they use to give the inflation rate for the food they were selling in their supermarkets. At the time when the inflation rate the government was giving was around 3.5% however Asda inflation rate was 12.8%.

HS2, 15 or so years talking about it and nothing done while in Russia from first thinking about it to being build their high speed railway from Moscow to St Petersburg took 5 years and cost $12.4bln to build.

Every year China is building high speed track the equivalent of London-Edinburgh-London.

3rd runway at Heathrow, nearly 50 years and still talking about it.

For some reason it seems to cost 2,4 or 6 times more to build infrastructure in the UK then it does in many other countries.


When looking at the United States they do not include college fees or medical insurance, which 200 million Americans have, in their inflation rate, both of which are going up about 15% a year.

[sentimentrules] 17/1/2020 20:33

Whole country needs rebuilding anyway. It's in bits

[konradpuss] 17/1/2020 19:56

Interest rates are pegged to the inflation rate. The problem is simple however difficult to solve. People just have not been able to raise their wages for the last ten yrars. I think that a massive public infrastructure (not HS2 please) and affordable (truly affordable please) house building initiative should be put in place. O.K. the government would have to borrow the money.

This should stimulate the economy in the right areas and with increasing wages the inflation rate will tick up and interest rates will rise.

Now you will say we do not have enough skilled people to do all this. Stop a good percentage going to university and getting ridiculous, useless degrees and get them plastering, brick laying and plumbing!

[loganair] 17/1/2020 19:23

v1 - £ billions upon £ billions are lost to savers and pensioners because of low interest rates.

I alone have lost in the region of £40,000 in interest over the past 10 years because of interest rates being below 1% when I use to get 5.5% on an instant access account, 6.25% on my 7 day account and 7% on my 30 day account with 8.25% on my 1 Year Bond.

Pensioners are also losing huge amounts. 15 years ago for every £100,000 one had in ones pension pots would give an income of over £8,000 per year, the same £100,000 today will give about £4,900, a loss of over £3,000 per year for every £100,000 one has in ones pension pot.

With just £100,000 in ones pension pot over a 10 year period one is getting at least £30,000 less in pension income then one would have done 15 years ago.

Times this by just 1 million pensioners means £30 billion less income over a 10 year period.

[chiefbrody] 17/1/2020 19:04

A few % here and there may well make little difference but rates should still be increased. These crazy low rates have done immense harm and look how much debt there now is.Total madness.Also, i'm a saver but if i could get a decent return on my cash (without having to take more risks (stock market), i'd be inclined to spend a bit more.Low rates just make many a saver try even harder to save more!

[vaneric1] 17/1/2020 18:50

There's precious little interest on savings Logan so I doubt the up or down of the basic rate will make any difference to who saves.

Savers in any case are not by definition spenders.

[loganair] 17/1/2020 14:06

Retail sales falling means their needs to be an increase in the interest rate which would mean savers getting more interest on their savings leading to them spending more money in the shops.

A decrease in the interest rate means savers getting less interest on their savings leading to them spending less in the shops.

It seems to me that the BOE are getting things the wrong way round.

[philanderer] 17/1/2020 13:48

Data from the Office for National Statistics showed that UK retail sales unexpectedly fell in December, adding weight to expectations of a rate cut.

"December was the fifth consecutive month with no growth as food stores suffered particularly poor sales, showing the steepest fall for three years."

Ayush Ansal, chief investment officer at Crimson Black Capital, said: "In a week that saw GDP data lurch towards stagnation and inflation fall sharply, the market’s conclusion is likely to be that the Bank of England will respond with monetary stimulus.

[philanderer] 17/1/2020 11:16

++ KEPLER CHEUVREUX RAISES TESCO TO 'BUY' ('HOLD') - TARGET 289 (236) PENCE ++

[peteret] 16/1/2020 12:52

Its not tesco that faces a fine it's the company's who buy the store's if they then have a monopoly. Total rubbish reporting

[konradpuss] 15/1/2020 16:28

The BBC never put any sort of positive slant on news about Tesco.

There are nearly as bad as the Guardian!

Reform of the BBC is long overdue, now come on Boris.

[sentimentrules] 15/1/2020 12:36

Interesting

In Thailand they only have to pay the right man though lol

[philanderer] 15/1/2020 00:32

Tesco faces Thai regulatory threat to $10bn deal

[dailylarma] 14/1/2020 11:12

Back to 300 in few weeks

[1carus] 14/1/2020 10:26

This was over £4 in 2008. Still some way to go.

[philanderer] 14/1/2020 09:53

14th jan JP Morgan Caz 'overweight' tp 300p up from 280p

[bill hickman] 11/1/2020 08:58

Don’t trust Buystock aka smallcappick