Tesco Share Discussion Threads

[johnwise] 09/11/2020 09:01

VIDEO
Moronic Supermarket Rules Ban Partners & Families Can't Be Enforced

[albert3591] 09/11/2020 08:32

Only if there is a lot of fat in them

[konradpuss] 08/11/2020 19:34

I thought they floated?

[sweepie2] 08/11/2020 17:59

Can be used in supermarkets

Tern to rocket tomorrow as their 100% owned company Wyld starts to sign resellers for their covid tracker management solution

Wyld signs agreement with Ascom. Ascom to distribute the Wyld portfolio as part of an IT solution to their customers. We look forward to launching the partnership in the next few weeks. Ascom is a global solutions provider focused on healthcare ICT and mobile workflow solutions.

Ascom is a global solutions provider focused on healthcare ICT and mobile workflow solutions. The vision of Ascom is to close digital information gaps allowing for the best possible decisions - anytime and anywhere. Ascom’s mission is to provide mission-critical, real-time solutions for highly mobile, ad hoc, and time-sensitive environments. Ascom uses its unique product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide truly smooth, complete and efficient workflows for healthcare as well as for industry and retail sectors.
Ascom is headquartered in Baar (Switzerland), has operating businesses in 18 countries and employs around 1,300 people worldwide. Ascom registered shares (ASCN) are listed on the SIX Swiss Exchange in Zurich.

[konradpuss] 08/11/2020 15:13

bc4, thank you.

I still think the company might offer an alternative. Time will tell.

Let's hope the Thai company comes up with the circa £10 billion - that is not shirt buttons.

I guess 'the banking' is already in place.

[bc4] 08/11/2020 14:50

Sell and buy back in your ISA then

[konradpuss] 08/11/2020 13:57

bc4, unfortunately mine are not in an ISA.

It's feels unfair to levy tax on a special dividend if it is the proceeds of sale of part of the business - not income.

I hope the company offers some alternative.

O.K. I know they mention a share capital reduction however this does not help me unless I have missed something.

[bc4] 08/11/2020 13:27

Not if is in a share ISA

[konradpuss] 08/11/2020 13:18

Any views from all on the tax consequences of the 50p special dividend when and if it is paid? I guess we will all just have to pay tax on it.

I hope they offer an alternative instead as I would rather not pay the tax on the special dividend. i am just thinking around an alternative.

[konradpuss] 08/11/2020 06:36

goodtime, agreed.

[badtime] 07/11/2020 21:24

Stick to stocks you a bit more about them than you do Covid

[vaneric1] 07/11/2020 09:07

I'm 85 and throughout the period from February on I've shopped every Thursday morning at Tesco for groceries for myself and an 84 year old neighbour.

Never ran into a shortage that wasn't easily managed and found the shops were, and still are, operated in as safe a manner as could be expected.

[konradpuss] 06/11/2020 21:26

buywell, do you know the average age of the circa sixty one thousand poor soles who have possibly died of Corvid19?

[buywell3] 06/11/2020 20:54

buywell is of the opinion that as more and more daily cases of covid-19 occur and deaths ,Joe Public will finally get the message just how nasty this disease is and how easy it is to catch it not just once but twice etc

Plus organ damage and strokes and loss of eyesight --- all happening

Why any people go to shops to buy food beats buywell as they are putting themselves at risk

Also buying any fresh produce in open displays ie not covered

buywell would think deliveries of cans and sealed pre-packed products would best minimise risk

As would growing fresh vegetables in your own garden ie dig up the lawn

[hazl] 06/11/2020 20:05

That's more like it!

[konradpuss] 06/11/2020 20:00

Just read in a Thai online paper that approval has been given for the sale of the Thai business today.

I think this might have some impact on the share price on Monday.

[philanderer] 06/11/2020 14:23

(Sharecast News)

- Tesco said on Friday that it's been given the green light by the Office of Trade Competition Commission in Thailand for the sale of its business there to CP Group, as it looks to focus on its UK and Ireland operations.
"We are awaiting CP Group receiving the formal regulatory approval notice from the OTCC and will make a further announcement when appropriate," the supermarket retailer said in a brief statement.

Tesco announced in March that it was planning to sell its businesses in Thailand and Malaysia for an enterprise value of $10.6bn. The company said at the time that following completion of the disposal, it would return around £5bn to shareholders via a special dividend.

[carpingtris] 06/11/2020 12:37

6 November 2020

Tesco PLC

Update on proposed disposal of Thailand business

Tesco notes the recent press release by the Office of Trade Competition Commission ("OTCC") in Thailand approving the proposed sale of our business in Thailand to CP Group.

We are awaiting CP Group receiving the formal regulatory approval notice from the OTCC and will make a further announcement when appropriate.

[unastubbs] 04/11/2020 18:47

anyone got any info on the asia sale? sorry if it's been asked before. i notice there will be a share consolidation if the sale goes through (thai regulator and shareholders notwithstanding). any thoughts on this from past experience?

i'm a new investor with this one and intend to keep for the long term (ten years minimum). i was attracted because i noticed a comment from the CFO in the recent results speaking about eps moving from 9.6 to 7.3 post the sale - don't have the preceise numbers to hand but it was about a 16% drop, whereas £8b is supposedly the sale price which clearly represents about 40% of the present market cap. so it looks like a tremendous deal. presumably the asia unit had alot of growth potential (?), but on the other hand i've visited tesco stores in both malaysia and thailand and i don't think they are as good as the ones here. who's to say they won't have their lunch eaten by new entrants in the future in any case just like aldi and lidl have done in the UK - so i'm very much in favour of the sale. hope it goes through.

[hazl] 04/11/2020 14:05

THERE WE HAVE THE RISE STARTING.
Oops apologies.

[spursspurs] 03/11/2020 18:56

frustrating this is, should be around the 2.50 mark, mental price when you factor covid in.

[hazl] 03/11/2020 14:04

Many thanks kind sir!