Tesco Share Discussion Threads

[alphorn] 07/4/2020 16:13

Components of both a straddle and strangle; some same strikes. Some different.

[konradpuss] 07/4/2020 16:08

Let's hope not a naked straddle!

[yf23_1] 07/4/2020 15:58

In other words, a straddle.

[alphorn] 07/4/2020 15:36

Farrugia - yes. Was holding bullish options and have opened bearish options as well today.
Market thoughts - not Tesco specific.

[farrugia] 07/4/2020 15:15

what do you mean bull and bearish positions alphorn? Are options available on shares like Tesco by any chance?

[badtime] 07/4/2020 15:11

Bought more this morning at 221

[alphorn] 07/4/2020 15:08

Balanced up my exposures to Tesco this afternoon. Now holding both bull and bearish positions. One of my very few equity positions at the moment.
Dividends and the outlook will be the focus tomorrow.

[peteret] 07/4/2020 15:04

2.60 at least tomorrow

[johnwise] 07/4/2020 13:09

Tesco to open new pop-up stores around the UK to help NHS workers amid coronavirus

The supermarket giant has already started construction on its first dedicated NHS Nightingale Hospital pop-up store at the NEC in Birmingham

[panshanger1] 07/4/2020 11:21

And booze is very high margin With an operation like Tesco if you can move the operating margin up just a little it has an enormous effect on the bottom line

[vaneric1] 07/4/2020 10:32

Industry executives speaking on condition of anonymity

according to industry sources

some believe

"It will become as commonplace as picking up a trolley or a
basket," said the director.
=======================================

When I see these words in media pieces I think, "you just made that up"

I gues the guy's paid by the word.

[peteret] 07/4/2020 10:02

This drop is price manipulation.Morrisons cancelled their dividend on their results day and even so the shares shot up by 35p on the day.And their results didn't include as much of the panic buying income as Tesco's will.Let alone the special dividend coming from the Asian sale.kantar thinks the sales will fadeBut that's rubbish as long as all pubs and restaurants are closed where else will people get their food and booze from.

[thamestrader] 07/4/2020 09:13

I have to say I think Tesco is handling this whole thing very well, both in the fact and in the message. (I'm sure the others are too, but I'm only on Tesco's email list).

[vaneric1] 07/4/2020 08:27

Dave Lewis's letter to his customers today is very interesting and full of goodwill.

[ladeside] 07/4/2020 08:15

Its very strange this, we definitely appear to be held in a 2.15 to 2,35 trading range, irrespective of the market or our own performance.

I can only assume it's due to the continued uncertainty over the dividend payments including the proposed deal and payment of a special dividend.

We should find out shortly one way or another as meeting today.

[konradpuss] 06/4/2020 17:25

Nath, the world has changed, however do you think the Tesco stores in Thailand and Malaysia are all shut? I bet they are as busy as ever.

The real problem sounds like Thai regulatory approval and the banking The CP Group (the purchaser) have put provisionally in place for the purchase I venture to speculate.

Now how do you think the changed world will impact this deal?

[nathdani] 06/4/2020 16:45

You guys on here are talking like nothing has changed ,this sale might not even go through I doubt the world will be the same.

[imjustdandy] 06/4/2020 15:14

Hopefully get an update on Wednesday with the results. I'd imagine anyone buying in now will get the dividend as there's still a formal shareholder meeting to approve the disposal.

[albert3591] 06/4/2020 15:09

Assuming there is no pre dated time to have held Tesco shares.

[imjustdandy] 06/4/2020 15:06

Roughly 51p will be the special dividend once the Asian sale completes. So buying today at 225p is roughly 1.74

Return of proceeds to shareholders

It is currently expected that the return of proceeds to shareholders of c.GBP5.0 billion will be implemented by way of a special dividend. In order to maintain the comparability of the Group's share price and per-share metrics before and after the return of proceeds, the Company also intends to undertake a share consolidation in conjunction with the return of proceeds. It is expected that full details of the return of proceeds and share consolidation will be made available to shareholders shortly after Completion, at which time a separate general meeting will be convened to seek shareholder approval for the return of proceeds and associated share consolidation.

[nathdani] 06/4/2020 14:27

Their PR has been very good during this pandemic doing a excellent job ,pay a divi it won`t look good.

[konradpuss] 06/4/2020 14:03

Phil, thank you. So 'The Standard' think they are going to save £700 million in respect of UBR this year. That was around my guess.

Hope they decide to pay the divi. however no surprise if they don't.

[philanderer] 06/4/2020 13:32

Tesco board’s £550 million dividend decision on a knife-edge

Pressure was on Monday mounting on Tesco to ditch a £550 million dividend due to be paid out this week as the coronavirus outbreak threatens to test its balance sheet.

Covid-19 has so far proved a huge boon to the nation’s grocers as panicked shoppers have stockpiled on food and household items. Industry data last week showed sales are up around 20% across the sector but long-term an almost certain recession threatens to hit revenues.

The board of the UK’s biggest retailer is expected to decide tomorrow on whether to grant the payout, estimated at 5.6p a share or £548 million according to Goldman Sachs. It will be unveiled alongside annual results likely to show pre-tax profits of £1.9 billion on sales of £64.4 billion.

[loganair] 06/4/2020 10:23

Popped into my local Tesco for the first time in two weeks.

Shelves fully stocked except very, very low on the cereal front.

3 times the normal amount of Oranges stocked??? Better to buy Lemons which are not selling any more then usual as Lemons boost the immune system can get the vitamin 'C' from vitamin tables much better and cheaper that way.

The notices attached to the guard rails around the car park, where people were queuing around for some reason had been attached to the guard rails facing the hedge rather then outwards so customers could read them.