Tesco Share Discussion Threads

[konradpuss] 11/3/2020 19:17

actony, that is what I understand, however there is no real detail as yet. I also would like to know the tax consequences.

[sentimentrules] 11/3/2020 18:26

who downgraded it today? just saw downgrade notification. Never checked who

[actony] 11/3/2020 18:22

The special dividend to shareholders of £5b comes with a share consolidation. Does this mean you will receive the approximately 50p per share and you will be left with fewer shares at the end of the end of the process?

[ladeside] 11/3/2020 16:38

No escape from the drop today I'm afraid.

[grahamburn] 10/3/2020 20:06

bob. Why are you posting exactly the same words on multiple bulletin boards?

PS Well, not quite exactly the same... you are clever enough to change the company name to the relevant one.

[badtime] 10/3/2020 19:54

He's looking at Lloyds

[konradpuss] 10/3/2020 19:29

Bob, I'd stick with Barclays!

[bobdiamond1] 10/3/2020 18:52

I'm new on here, it was recommended. Is Tesco a good investment, I have read so much, it seems to be cheap, but I am not convinced.

[yf23_1] 10/3/2020 17:13

If they return money surely this will affect the options price on SAYE schemes.
Would they adjust options price and have they done so in the past ?

[ladeside] 10/3/2020 09:38

The good news is that we're holding our position well in the face of carnage, the bad news is that we'd probably be testing the £3 mark under normal trading conditions.

Still, the special dividend is excellent news and should ensure there's lots of interest from the institutions, funds and high net worth individuals as well as an influx of retail investors.

It's all good from a Tesco perspective, although I can't exactly say the same for macro events......

[nathdani] 09/3/2020 13:50

nhs shorter or doom monger take your pick

[mark0419] 09/3/2020 10:55

You do have an option ask fir the certificate to be wired to another shares account like Hargreaves and lansdown or Halifax etc etc..... Stop the big rip off from equinity!

[1 nhs] 09/3/2020 10:45

Don’t say you were not warned !!!




HAS THE GREAT 2020 DEPRESSION OFFICIALLY STARTED :


1 NHS 27 Feb '20 - 02:25


Yes it has, unfortunately 99.9999% of the worlds population can’t yet see it yet.

Eventually they will.

Mankind is facing a pandemic of unimaginable magnitude and suffering, combined with a world drowning in debt, that has zero chance of being repaid.

It is absolutely vital that you put family first , particular children

We are not far off, forced sellers of ALL ASSETS, (bar Gold , for immediate delivery)

Paper gold, might as well be flushed down the toilet.

I have no predictions on the outcome of this terrible virus.

I do have some predictions on the likely financial outcomes

1/ Most shares are not far off worthless as profits will be extinguished for years, even then, investors might pay a pe of 3 for the the best growth stocks.

2/ Most bonds ( company and government ) worthless as everyone defaults.

3/ House Tiny values after banks go bust and stop lending. No one has a job.

4/ Land for food production has some value but needs to be protected.

Trust in business goes down the pan in a straight line, world trade dries up as everyone wants to be paid up front.

The only medium of exchange for goods and services that CAN BE TRUSTED BY ALL is, GOLD.

No one wants printed sheets of toilet paper. ( money

It’s about to turn on a sixpence.

Governments will furnish the world with yet more, free cash, but they can’t control the mindset of the people, or the virus.

From now on, it’s about staying alive and doing your bit for others

[ladeside] 09/3/2020 10:44

Tesco has agreed to sell its south-east Asian operations to Thai conglomerate Charoen Pokphand for $10.6bn in cash, taking another big step back from its international expansion and setting the stage for a lavish return of cash to investors. 

The UK’s largest supermarket chain on Monday announced the sale, which is Asia’s largest corporate acquisition in the year to date, and one of the biggest in Thailand’s history. In a stock exchange statement, Tesco said the deal would return about £5bn to shareholders via a special dividend, and reduce its own debt by £2.5bn. 

“Following inbound interest and a detailed strategic review of all options, we are announcing today the proposed sale of Tesco Thailand and Tesco Malaysia,” Dave Lewis, Tesco’s chief executive said. “This sale releases material value and allows us to further simplify and focus the business, as well as to return significant value to shareholders.” 

[obiterdicta] 09/3/2020 09:32

By my bad maths should the special dividend amount to 50p. I get that by dividng the nuber of shares in issue by the dividend. Forgive my maths if this is wildly out. OD

[ladeside] 09/3/2020 08:51

$10.6 Billion with £5 Billion special dividend going to shareholders !!

[kinwah] 09/3/2020 07:45

Ah that's the beauty of Thailand not having a CMA! Tesco has done a deal that gives CP a totally dominant position in Thai retailing. Fortunately CP is well-respected and will be trusted to keep prices competitive for its Thai customers. As a result Tesco has achieved a splendid price. The best Tesco can say about its remaining Central European stores is 'established'. The RNS is begging any retailer with some cash to make Tesco an offer for them. The problems with the EU budget after Brexit mean the European countries where Tesco operates will have reduced investment resulting in slower growth. The competitive outlook is already deteriorating with Kaufland planning to open stores in Poland. Fortunately the Thai deal is so good the likely big write-off when the European stores are sold/given away won't matter. Well done the Tesco retail bond holders as well. Having looked a dodgy investment a few years ago the bonds are now as good as gilts.

[loganair] 07/3/2020 22:15

Being reported Tesco are to ration UHT milk and pasta - what ever next!!!

As I mentioned in my local Tesco we have plenty of Pasta and UHT Milk, actually when I popped to do my Tesco shop this afternoon I didn't see anybody buying UHT milk and there was plenty of it, just the normal milk.

[carpingtris] 07/3/2020 20:17

Not at mine!

No pasta, no toilet roll, no sweetcorn, handwash, sugar, tinned tuna, most own brand cereal gone.. no ibuprofen or paracetamol! Honestly crazy!

Local asda had empty shelves too!

[jfb1510] 07/3/2020 17:44

Snap same here. If you have limited income and no savings you can't panic buy. Those who are panic buying should be ashamed.