Tesco Share Discussion Threads

[jonny33] 24/3/2020 21:16

Really confused by the share price here, so restaurants are closed, people are not on holiday, but stuck at home and therefore must be eating at home, plus Lidl and Aldi don't home deliver which means Tesco and others have a huge advantage here, yet the share price is not going up. Yet Greggs which shut all shops today bounced 7%

[tim 3] 24/3/2020 16:27

bookbroker

Thanks for feedback.

Certainly is not the case here.Been in several Sainsburys yesterday and all were considerably better stocked than this day last week.

Still shortages in Toilet roll frozen pasta and tinned veg though.

[ladeside] 24/3/2020 16:16

Most aren't though and from a food perspective most will never actually be eaten.

Let's be honest, who would actually CHOOSE to eat Pot Noodles or tinned peaches if they didn't actually have to !!!

[bookbroker] 24/3/2020 14:58

But there will be a hangover for the stores soon, when everyone is stocked for the long haul.

[bookbroker] 24/3/2020 14:58

Just went to Sainsbury’s 1200hrs, shelves still devoid of anything fresh, canned food, eggs, sponges , bread, the usual paper, etc. Car park empty, asked when deliveries made, assistant said quite well stocked in her eyes, so people still hoarding. So much for the two product rule, allowing elderly’ s to shop early in morning, but then must be a free for all, nowt changes. People are buying stuff on the basis of actually being locked in houses, that not going to happen, so there will hell of lot wastage, and some seriously drawn credit cards I imagine, unless all suddenly hit the jackpot. Sad and ignorant is what springs to mind, these food stores supply chains good but not if people hoard!

[mercer95] 24/3/2020 14:33

Yeah, KANWAR that can happen quite a lot when investing, I can tell straight off the bat you’re a sharp operator.

[kanwar] 24/3/2020 14:12

Its the ONLY STOCK that's not making me money today....

[konradpuss] 24/3/2020 13:39

KANWAR, so you only own one stock?

[tim 3] 24/3/2020 13:29

Problem with online is its at best very low margin and many believe when you add the costs of vans,logistics, fuel, picking maitance ect ect its unprofitable.

Apparently they would have to charge £30 for each delivery to break even,thats from a manager who worked in that department.

[mercer95] 24/3/2020 13:26

Sell it THEN

[kanwar] 24/3/2020 13:19

The only down STOCK I own.

[dtaliadoros] 24/3/2020 12:17

As alluded to above...the issue with home shopping is distribution is acting as a severe cap on sales and many items are missing from orders when delivered.

[km1966] 24/3/2020 12:09

Our local Tesco(and other stores up to 40 miles away) have no slots for 3 weeks for both delivery and click and collect. The web site was saying last night it was too busy and you could not get on.

[ladeside] 24/3/2020 11:16

In fairness we've continued to shop as normal with lots of local produce such as Suasage, Bacon, Eggs, Lasagna, Steak Pie, Mince Rounds, Chicken & Leek pies etc all readily available and freshly made in our local farm shop.

Our Butchers has also been much busier but again has still managed to supply fresh food to everyone daily. Likewise the Bakers has also had a fully stocked shop of fresh products each day so really there's been nothing to worry about from a food perspective.

Granted, sourcing Toilet rolls, Kitchen Roll and soap has been a tad more difficult....

[christh] 24/3/2020 10:56

yeap.Online shopping is now massive business

you need to queue up for online shopping

[shammytime] 24/3/2020 10:19

Online shopping.

[tim 3] 24/3/2020 10:13

Agree 100% DT.

Also stores in commuter areas and city centres will see massive drops in customers.

[dtaliadoros] 24/3/2020 10:10

I think lock down will see a significant drop in the numbers of people going out to shop. One of the reason so many people had been hoarding is the fear that a lock down was coming. I think i heard one market commentator mention how there is now over a 1 billion pounds worth of extra inventory in people's homes.

[tim 3] 24/3/2020 10:05

Massive improvement in availability yesterday with many stores really quiet as well.

Unless there are distribution issues then shortages will continue to improve imo.

[andyview] 24/3/2020 10:01

I've added again today, supermarkets should be one of the few to benefit in the current climate.

gla and stay safe

[shammytime] 24/3/2020 09:58

Looks like the chart is on the last stage of a double bottom to 240. Lovely.

[vaneric1] 24/3/2020 09:17

Not particularly contrary ignoble, the supermarket sales will almost certainly do an "After Christmas" type drop while all the overstocked homes use up the stuff they've hoarded in the panic.

Sales may be exceptionally high at the moment but could just as easily become exceptionally low.

[ignoble] 24/3/2020 08:02

Fair comment but once the Virus problem settles down and people's shopping habits return to normal, the reason to buy is no more...
Just being contrary, lol

[christh] 24/3/2020 07:58

Coronavirus Bumps Up Grocery Stores Stocks: 4 Best Bets

Homebound shoppes are fueling strong demand for groceries as they avoid stepping outdoors over fears of contracting the novel coronavirus. In addition, of the majority of companies in the country advised their employees to work remotely, compelling the corporate crowd to stay put and opt for online food delivery services rather than visit restaurants and bars.

This increased demand has led to shares of companies operating in the said arena to edge higher over the past month, despite the broader markets being hit hard. One could take a look at these stocks from an investment perspective, as shifting consumer preference toward new trends could support these equities.

[thewheeliedealer] 23/3/2020 23:24

Hi all,

My mate Peter @Conkers3 and myself did 2 Twin Petes Investing Podcasts a few days ago in a Special Double-Bill and TSCO was one of the Stocks that we discussed. We also talked in depth about the current mess in the Markets and how we expect things could play out. Anyway, if you use Apple or Audioboom you can find them under the 'Conkers Corner' Channel (you want TPI Podcasts 19A and 19B) and you can find them on Soundcloud at the links below.

Cheers, WD
@wheeliedealer