Tesco Share Discussion Threads

[alphorn] 09/1/2021 14:27

I shall unwind my options strangle prior to the results. I would like to be certain how the special dividend will be treated as it could effect future strike prices. Can reopen again but don't want that risk in the meantime.

[konradpuss] 09/1/2021 11:30

Paulisi, I am not sure your logic is correct.

The current share price will decline by approximately the special dividend as the payment of such is mostly or completely already reflected in the share price.

I hope I am wrong mind.

[wendsworth] 09/1/2021 10:17

paulisi : Very salient comment. Thank you. Consider this to be a useful BB with genuine posters.

[paulisi] 07/1/2021 17:49

If you add in the special div, the price should climb to 275p +On top of this, quarterly sales are expected higher and also the new lockdown has created some panic buying.Also look at the way Tesco stocks - less specialised lines being dropped, better profitability??

[wendsworth] 07/1/2021 17:16

supercity : Thanks for your post 24732. Shareholder circular of 27/01/21 should further enlighten. This week's unsustainable general market meteoric rise could impact the share price in the short term ?

[paulisi] 07/1/2021 16:27

That and the special dividend...

[albert3591] 07/1/2021 15:20

Supercity,is that why it rose yesterday?

[wynmck] 07/1/2021 09:16

yes was due 13th-ours 14th

[rolo7] 07/1/2021 07:17

Sbry TS was released a week early?

[supercity] 07/1/2021 07:08

Sainsburys trading update is out - decent like for like increases.It seems apparent the reason they are handing the rates relief back is keep the profit down (most likely for tax purposes)Bodes well for Tesco next week

[albert3591] 06/1/2021 17:08

Still mrs is happy she’s got abou 15500 of them,always has script dividend.

[albert3591] 06/1/2021 17:07

No 4oclock drop they will drop I sometime they always do.

[albert3591] 06/1/2021 15:17

Super city I stand corrected missed it.

[supercity] 06/1/2021 15:05

As previously announced, a circular containing further details of the c.GBP5 billion special dividend and share consolidation, as well as a notice convening a general meeting of shareholders (the "General Meeting") and further details about the resolutions to be considered at the General Meeting, will be sent to shareholders on or around 25 January 2021.

[supercity] 06/1/2021 15:04

The December 18 RNS clearly states there will be a share consolidation

[albert3591] 06/1/2021 14:43

Will there be a 4oclock drop if so how big I will guess 241.5p

[albert3591] 06/1/2021 14:36

There will not be a consolidation,not at this share price

[konradpuss] 06/1/2021 14:13

leas1, I think you are right.

The profits from the business being sold very roughly equal the amount the company has been putting into the pension pot to bring it to equilibrium so the headline profits should not alter much.

[leas1] 06/1/2021 13:26

If and when there is a share consolidation would the yield be adjusted too?
Personally I think it will which should attract further investors. Number of shares in issue will be reduced so the dividend payment will be divided up accordingly.

[sigmo] 06/1/2021 13:07

The way the market is because of the pandemic grocery shares ate likely to go significantly higher

[dogsoggy] 06/1/2021 12:15

They have offered 11p per share.Hardly great is it?

[supercity] 06/1/2021 12:03

From what I have read the intention is to keep the share price at the same level so for example.Shares are 200p and a 40p is paid and you have 5 shares.Ex-divi your shares will drop to 160p and the 40p per share will be paid to you as a divi.Your 5 shares are now worth 800p and you have 200p in the bank.As Tesco have said they want the share price to remain at the same level in this example you would divide 800p by 240p which is 3.3 - therefore the shares would be consolidated and you're 5 shares would become 3.3 shares and the share price would adjust back to 240p.I think this is the intention - the extra profit is to be had by those buying the shares before they confirm the dividend amount in the next few weeks as when the exact details are released the share could gap up at open anyway.This assumes I have interpreted the Tesco rns correctly

[konradpuss] 06/1/2021 09:01

Dogsoggy, in a word, yes. However the number of shares in issue will be reduced to reflect such when the circa 50p special dividend is paid.

[dogsoggy] 06/1/2021 08:09

If I bought the share now would I qualify for the dividend?

[capercaillie] 05/1/2021 17:13

hxxps://www.kantarworldpanel.com/en/grocery-market-share/great-britain

Slight increase in market share over Christmas.