Tesco Share Discussion Threads

[geckotheglorious] 24/6/2020 12:48

Avocado Large
95p Tesco, SBRY,
100p Asda
90p each Morrisons.


Apricots
720p / kg Tesco
100p / Punnet*5min) SBRY
312p / kg Asda
200p for 6 Morrisons




Peaches
24p each Tesco
19p each SBRY
25p each Asda
25p each Morris
15p each Aldi




Much of peach and Apricot production sourced from EU(Spain & Italy predominantly) - especially Peaches.

Given we are in EU, with zero tariffs why are they so expensive in UK if theyre so cheap in Switzerland?
85p for 1kg?

[alphorn] 24/6/2020 09:28

Answering my own question above - blimey, fresh fruit are crazy prices looking online. Avocados similar.

[philanderer] 24/6/2020 00:01

Tesco plans major recession price war against the discounters

[alphorn] 23/6/2020 20:33

Just out interest buying here today (CH) 1kg peaches or apricots at 85p. Large avocado also at 85p. What would current prices be in Tesco?

[paulisi] 23/6/2020 19:49

The quietest time is late evening 7pm+

[geckotheglorious] 23/6/2020 11:49

The shutdown was unnecessary...Simple precautions were always the key...

A pity as the economic consequences are going to be really severe.

But then such was always likely given how much debt we had piled on before this outbreak.

Fingers crossed for us all in the Autumn/Winter.

[alphorn] 23/6/2020 10:57

GtG - agree, washing hands for me is the key. Here they are very strict about distancing in the supermarkets and there are hand washes all over the place which are used by most. Shopping in France tomorrow and there masks are obligatory (I think) in the supermarkets.

[geckotheglorious] 23/6/2020 10:25

@RoyalOak,

Shop early, and wear a mask. N95 or above.

You'll be fine

Wash your hands with some 70% IsoPropyl once youve unpacked the shopping..

Simple easy precautions.

[royaloak] 23/6/2020 09:47

I guess Tesco and other Stores will reduce their distance to 1 Metre from July after Boris's statement later, it will not suit me as I feel safer with 2 metres, especially as some people still are not careful, going the wrong way etc..

If so I will start shopping around 7am when it is much quieter.

[vaneric1] 22/6/2020 10:33

I've not tried for myself but I note my neighbour who's on the at risk register has had frequent deliveries from Tesco and some from Sainsburys over the last few weeks.

I've just gone to the local Tesco every Thursday morning at about 8am and got all I need for myself and an old neighbour,

Only in the first two weeks were there any items I couldn't get, bog rolls mainly.

[paulisi] 22/6/2020 10:30

Tesco have not used the support schemes.Most of the temp staff have been laid offExisting workers were told to return or not get paid.Margins are increasing due to no promotion and higher volume shopping, which was the reason Tesco rose to the top of the tree.Numbers should be good despite management stating the increased costs level off against the benefits.

[geckotheglorious] 22/6/2020 09:23

Actually mate, I have been checking every day or so.
Not been able to get anything for three months..

Suspect postcode lottery myself. Some areas easier than others..

Much dependent on the availability of other main supermarkets.

Not been able to get any online orders for Asda,Sainsbury or Morries either.

[vaneric1] 22/6/2020 08:59

You ain't been trying hard enough Gecko. :-)

[geckotheglorious] 22/6/2020 08:02

Sophie Lund-Yates, Equity Analyst
Tesco’s had a volatile start to its financial year. The first few weeks of the crisis saw a large surge in sales, although the group says sales are now returning to more normal levels. The upshot should be a rise in revenue for the first quarter.

However, costs have also increased in some areas as the group has had to hire extra staff to cover absences and deal with increased demand. Add the government’s support schemes to the mix and it’s difficult to say where everything shakes out. We won’t know whether the whole episode has been a net positive for the group for some time, although next week’s update will start to fill in some of the blanks.

Tesco has also upped its investment in online shopping services, with a focus on the more vulnerable members of society.



"Many of us have grown used to online grocery shopping in the past few months"

Really? I haven't been able to get an online slot for three sodding months!!!!!

[muffinhead] 22/6/2020 01:42

No future growth, just retreat cloking up impairments and consolidate position with discounters eating margins
Online is a compromise with store workers picking stock

Tesco £22 billion market cap

Ocado £14.6 billion and rapidly closing

Stuck in the middle between discounters and a technological pure play, the market will take down the old Tesco beast and rip it to shreads

[konradpuss] 20/6/2020 21:44

I am an investor and I am not revolting!

'Dave' deserves it - he saved this company.

[vaneric1] 20/6/2020 09:34

I think the Daily Mail is exaggerating the "investor revolt" story, maybe a few are upset enough to scream but I doubt it's a 'revolt'.

[philanderer] 20/6/2020 00:27

Tesco facing investor revolt over pay rules after departing boss is handed a controversial bonus boost

[philanderer] 19/6/2020 11:15

Jefferies eyes value in Tesco shares

Tesco (TSCO) shares are offering ‘remarkably good’ value after the supermarket giant offloaded its Polish stores for £165m, says Jefferies.

Analyst James Grzinic retained his ‘buy’ recommendation and target price of 310p on the shares, which were trading at 226.4p yesterday.

He said the sale was ‘helpful’ and removed the only remaining ‘subscale market’, moving the supermarket closer to its ‘multi-year exceptional cash returns programme’ that is likely to result in sizeable share buybacks.

‘[The] announcement further underpins the expected capital return framework, which we believe is likely to be announced at the 2020/21 finals,’ said Grzinic.

‘The shares offer remarkably good value with the market having prioritised the proverbial bush to the bird in the hand.’