Tesco Share Discussion Threads

[alphorn] 30/3/2020 11:56

ig - good to read your personal experience. Swiss supermarkets are again fully stocked.
On the battery front any readers with complicated electronic systems e.g. Range Rover take great care - flat batteries can totally screw up the immobiliser etc. Not cheap either.

[ignoble] 30/3/2020 11:52

Petrol 102.9 p per litre

Every little helps... Like most though, I hardly use the car these days.

Guess there will be a lot of flat batteries in the coming weeks

[ignoble] 30/3/2020 11:48

Essential trip to Tesco
Stock levels very good, almost back to normal
Very well organised for obvious reasons and more Security to enforce the rules
Well done Tesco...

[vaneric1] 30/3/2020 09:09

Simple answer to that maxk is 'don't buy it' there's plenty of alternatives to pizza.

I haven't seen any up pricing on my regular shopping items.

[maxk] 29/3/2020 23:32

They have also resorted to hiking prices.

Small example.

Normal size pizza £4 last week.


Small size pizza £5.80 today



It's the normal price said the teenage droid behind the counter.



Big big mistake.

[smartie6] 29/3/2020 22:24

1 fkn egg. How am I to make a cake?

[johnwise] 29/3/2020 22:21

Tesco Food rationing

Tesco has put a one-item limit on essential items at some of its stores after customers started stockpiling products because of coronavirus.

The supermarket chain's Express stores have reportedly begun limiting customers to just one item each of essentials such as milk, bread, eggs and toilet roll.

[nathdani] 28/3/2020 08:59

When you see carnival(ccl)down from over £40 to £9 and change over the last few months tsco down 10% is doing ok.

[alphorn] 26/3/2020 11:33

Back from Migros and Denner in CHland - all seems back to normal. Tons of toilet paper etc. fresh fruit and veg. Meat etc.

[devilsprofessor] 25/3/2020 19:18

This share is holding its own. It has clearly planned for emergencies such as this and is putting people right at the heart of what they do! Staff, NHS, elderly. Well done Tesco - I'm certainly in for the long haul IMO DYOR

[ladeside] 25/3/2020 13:42

Honestly Alphorn, I don't see anything to worry about.

Aside from the actual P & L, the business is also keeping staff sweet with the immediate 10% rise (permanent staff only and backdated to 9th March), the supply chains are pretty much under control and the NHS & Elderly hours will undoubtedly help with public opinion.

There's obviously the £8 Billion deal still to be rubber stamped but all in all I'd say the business is in a great place at the moment, especially in the current Economic backdrop.

[alphorn] 25/3/2020 12:06

Probably nothing surprising?

"The CBI distributive trades survey's retail sales balance dropped to -3 in March 2020 from +1 in the previous month, still beating market expectations of -12. The coronavirus hit demand for most products, with sales of clothing, furniture and ‘other normal goods’, such as flowers, jewellery, cards etc., falling the most in the year to March. On the other hand, grocers reported exceptionally strong growth in sales volumes, as did specialist food and drink firms, as households are stockpiling groceries in response to the spread of the Covid-19 and the introduction of social distancing. Looking ahead, retail sales are expected to fall sharply in the year to April, with retailers more pessimistic than at any time since April 2009".

[alphorn] 25/3/2020 11:59

Ladeside - one of my few holdings that I have retained. I hope that is a correct view!

[ladeside] 25/3/2020 11:42

Tesco is doing great and the shareprice is also holding brilliantly, if we were in any other sector just now we'd be trading at £1.40 or even less.

Relax folks, we have a new reality due to macro events but couldn't be better placed than we are here.

[tim 3] 24/3/2020 22:47

There are plenty of positives I agree but negatives too.

Online is very costly with many believing its loss making or barley profitable just think about the extra costs on what is a very low margin business.

Many city centre and commuter stores will see massive reductions in sales.

I would rather be long tan short though!

[mickinvest] 24/3/2020 21:37

Jonny

Today was a risk off day and money flowed into shares that have lost 50%+ over the last few weeks. I am in Spain and into 2nd week of lockdown so I went for a week's shopping today and as I have nothing else to spend my money on, I went to town on drink, steak, chocolates and anything else I usually class as a treat. I think over next few weeks that will be repeated in the UK if everyone manages to get paid. My home food consumption must have doubled now I can't eat anything away from the house and although it is temporary, I don't think it will get back to normal for a long time. The markets won't recover this year so Tesco look a decent bet. My only concern is the pension deficit, that's going to take a huge increase at this rate.

[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.