Tesco Share Discussion Threads

[easwarareddy] 16/3/2020 08:24

Why are supermarkets down. U seen the empty shelves and queues. Profits will be high.

[loganair] 15/3/2020 15:34

Germany will close its borders with France, Austria and Switzerland from Monday, according to the German newspaper Bild.

Closing of the border was not only to contain the Covid-19 epidemic but also to prevent panic bulk purchases by foreigners which was apparently causing supply problems in areas around the borders.

[konradpuss] 15/3/2020 15:16

DT, you make no allowance for fresh food.

O.K. paste and loo roll demand might take a hit after this is over although I think in the round it will even out over time.

As to timing of buying Tesco I think if you are in you stay in, if you are trying to pick the bottom that is pure luck.

With the return of the cash from the sale of the Thailand business, as long as it now still goes through that has to be factored in as it will be a 'cash' return.

[vaneric1] 15/3/2020 14:58

I ran a grocery shop for 16 years, I recall there was a news report that there was going to be a worldwide shortage of pepper.

In normal times we sold a one ounce pot of pepper about once a month, suddenly our shelf was cleared.

We bought in more and more until the wholesalers had no more ounce pots in stock, we moved on to four ounce pots and sold all we could get.

Then the panic ended and I never sold another pot of pepper for the remaining four years of my time there.

[dtaliadoros] 15/3/2020 14:48

Your all looking at this the wrong way....people aren't going to be buying more when you average out over a few weeks. They've just shifted their buying pattern to stock up now with non perishables. You'll find in a few weeks nothing will be moving off the shelves as everyone will have well stocked larders. Longer term demand will drop off as those on zero hour contracts and the self employed will start really feeling the pinch of the global recession that is looming.

You would have to be mad to be buying into supermarkets now. Might be worth a one day long spreadbet as those that have not appreciated the above jump in on Monday to make one of the biggest mistakes of their trading lives. 🙈

Don't know how you all feel about it, but I find the shelfish nature of people that have gone out hoarding rather depressing.

[vaneric1] 15/3/2020 09:24

I'm buying more shares, once this hooo-ha dies down, and it will, I think it will quickly rise to the £2.50 range again.

[konradpuss] 15/3/2020 09:06

Volsung, you might well be right although I think it is a low probability.

[volsung] 15/3/2020 08:42

Tbh conrad if this virus persists I can see rationing being brought in with price controls on many items to prevent gouging. Certainly won’t be a boon for any retailer

[konradpuss] 15/3/2020 08:39

Volsung and Smartie, I think you might be wrong.

How are people going to feed them selves then?

Not all especially the elderly have a computer for home shopping. Come to that Tesco etc. would not have enough vans to cope.

I am sure they might make an announcement in all big stores that people should not congregate in groups and not hug each other (like they were doing in Copenhagen airport yesterday). Come to think of it I have never seen anyone hugging in Tesco!

[smartie6] 15/3/2020 07:52

Here, here.

[badgeman] 15/3/2020 00:10

Tesco's busier than Xmas this weekend. Shelves looked pillaged this weekend. Hopefully the supply chain can fill them again rapidly. Special dividend coming from sale of Thai and Malaysian businesses. Will buy more on Monday.

[yf23_1] 14/3/2020 20:03

Sales are up all over the place.

[alphorn] 13/3/2020 14:13

Extended my bullish positions fwiw. Tesco should stay reasonably stable in this environment.

[woodhawk] 12/3/2020 20:30

When I heard the Coronavirus symptoms - it seemed to describe exactly what I had for a couple of weeks just after Christmas. It didn't feel like 'normal' flu to me. Many, many people I've spoken to, since then, seemed to have suffered the same. Hopefully, if it were the case, we may have developed some immunity...?

[ladeside] 12/3/2020 11:13

Why ? It's only the media focus which has people talking about coronavirus.

Using my large office in Glasgow as an example, we have nobody off ill at the moment and there's nobody coughing or struggling with flu like symptoms anywhere around us, however a few weeks and months back it was the complete opposite and actually resembled an epidemic, in fact one of my colleagues actually ended up on a drip in hospital for a week with Pneumonia, hence the reason I believe the "plague" may have already visited us.......

[peteret] 12/3/2020 11:00

Tesco's must be making a mint with all this panic buying.Next update will be stunning

[albert3591] 12/3/2020 10:12

If it happened pre Christmas it would have been known,where were we 2 weeks ago far from the problems that we now have. Therefore going by that,Christmas would have been the same as where we are now.

[ladeside] 12/3/2020 09:59

Who's to say it didn't ?

The virus apparently originated in China in November last year, as such people had been moving around freely for weeks before anyone even knew about a virus.

Remember around December and January lots of people seemed to have flu and really bad colds etc ?

Remember the small talk between people "there's lots going around just now", "I just can't shift this flu and it seems worse this year", "Yes, everyone seems to have it".

I personally believe it's been here for months.....

[albert3591] 12/3/2020 08:51

It’s a good thing that conronavirus didn’t happen pre Christmas,it would have been carnage

[albert3591] 12/3/2020 08:46

If only food shops can open in Italy I would have thought food shops would be the stocks to be in.Could it happen here?

[yf23_1] 11/3/2020 22:12

In General.....

The adjusted exercise price is an option contract's strike price after adjustments have been made for corporate actions such as stock splits or special dividends made to its underlying security. Any time that changes occur to the securities on which options are written, the strike price and delivery quantity of the underlying security must be adjusted accordingly in order to ensure that neither the long or short holder of the options are negatively affected.

These changes can include for example stock splits, reverse stock splits, special dividends, or dividends paid in stock.

....so a special dividend would require an adjustment.

[yf23_1] 11/3/2020 21:58

I think share consolidation is fine for SAYE as it should leave the shareprice the same, thus not requiring options price adjustment.
A return of cash would, and I'm not sure how that works. I presume the shares are already allocated in some capital reserve account thus necessitating an options price adjustment.
Even if the adjustment is not legally binding I would presume Tesco would be obliged to do so.