Tesco Share Discussion Threads

[vaneric1] 19/5/2020 17:21

As the original approach came from the Thai side I'd guess they're pretty confident that it will get by their regulator.

[muffinhead] 19/5/2020 16:26

or "Wonky"

konradpuss the Thai buyer after due diligence may find another Tesco accounting scandal or horsemeat in the Tom Kha Gai... as you say not a slam dunk

[geckotheglorious] 19/5/2020 15:49

Pity it isnt organic...

[johnwise] 19/5/2020 15:13

Morrisons food box: 35 portions of fruit and vegetables for just £22 on next day delivery

MORRISONS is launching an extra large fruit and veg box for next day delivery when ordered online. The new product offers 135 portions for just £22.- meaning a family can easily eat their 5-a-day during the course of a week.

[yf23_1] 18/5/2020 16:49

They will adjust the options price as its a special.

[nathdani] 18/5/2020 13:47

Well agree to a point but most will just be given away to shareholders so must dilute .

[vaneric1] 18/5/2020 10:42

It shouldn't Nat, it will put the company in better shape financially in terms of both debt and pension deficit figures.

Might do the opposite of what you're worrying about.

[nathdani] 18/5/2020 10:13

As a SAYE goes i hope it don`t go through it will just knock 40 to 50p off the share price.

[vas007] 18/5/2020 08:56

Tesco's, I believe it's a 7p div in 3 day's

[konradpuss] 17/5/2020 19:31

I have done a little reading of Thai newspapers (the ones written in English) to try and find out about whether the deal to sell the Thai and Malaysian business will go through.

It appears the Thai government has a competition regulator. The would be buyer owns all of the Seven Elevens in Thailand and many other food interests. It's a sort of vertically integrated conglomerate. They hope to make saving therefore.

This is no slam dunk. The regulator has various options. Wave it through or attach conditions or no deal!

The buyer sold the bones of the business 'Lotus' to Tesco when they ran in to trouble due to 'the Asian contagion' in 1997 - too much debt, now where have I heard that before. They have always wanted to buy it back as they look upon it as theirs!

They will have to take on much debt to make the purchase.

The regulators have three months to make their decision so we do not have long to wait.

I also noted that the virus has been well dealt with in Thailand. I guess it has not affected both businesses much as people still have to eat - my guess though.

[johnwise] 17/5/2020 18:57

UK coronavirus vaccine doses 'by September' - if it works

VIDEO

[hazl] 15/5/2020 20:03

Well my immediate family and I, have found Tesco is the only one that you can regularly get an online order from or click and collect....puts the others to shame!


And the staff drivers are cheerful and uncomplaining even though they must be worked off their feet with the virus.... perhaps more of a worry for them?

[konradpuss] 15/5/2020 19:47

Ladeside I think you are the finance director!

Good evening Alan!

[geckotheglorious] 15/5/2020 19:32

Lakeside,

Crikey tesco CEO posting on a BB...

Whatever next!

[alibx11] 14/5/2020 22:20

LOL.... he did say he was testing sentiment.. lol

[muffinhead] 14/5/2020 19:25

Booker wholesale catering sales to fall through the floor

General store mechandise and fuel sales collapse

Tesco bank continues with bigger losses

Tesco retail sales flatline and increased Covid costs... discounters and online will continue to eat Tesco UK market share

Possible..."Proposed" sale of Thailand/Malasia operation to collapse


Widespread UK business insolvencies/high unemployment over next 24 months

[vaneric1] 14/5/2020 19:18

Seems to be following the pattern of up Wednesday down Friday and vice-versa that it's done for some time as the traders play.

[hazl] 14/5/2020 18:31

It was up yesterday.
The general market is down today....or perhaps people haven't noticed.

[muffinhead] 14/5/2020 18:05

Reckless to pay out dividends in this uncertain environment unless you have a massive cash balance, strong balance sheet and a strong outlook


Tescos bond holders

Debt rating Baa3 Moody's rating
Lowest investment grade rating just above junk debt