Tesco Share Discussion Threads

[muffinhead] 20/1/2021 08:26

Lidl prices


Food deflation

[alphorn] 19/1/2021 16:34

It may be a cost reduction exercise. It would be helpful to know what Tesco will look like in the future - what is its strategy? It would appear to be downsized and domestically focused?
In the past the two 'biggies' Carrefour and Tesco have had opposing strategies at times. Neither seems to have been happy with them.
(Remain net long Tesco).

[melody9999] 19/1/2021 11:21

230420. issued £450M 2.75% notes
Then sale of Thailand business
Now announcing tenders for notes at 5 and 6%

That seems like a good move to me but would appreciate others comments

[philanderer] 19/1/2021 10:27

GOLDMAN SACHS RESUMES TESCO WITH 'BUY' - TARGET 295 PENCE

CREDIT SUISSE RAISES TESCO PRICE TARGET TO 290 (266) PENCE - 'NEUTRAL'

[wynmck] 19/1/2021 09:00

G.Sachs resumes coverage with a BUY

[geckotheglorious] 18/1/2021 09:32

Shares slip as French govt scuppers Carrefour merger talks
Carrefour shares fell 6% after announcing on the weekend that talks with Couche-Tard had been terminated and the two sides would instead work on partnership opportunities. The planned deal went under after French government opposition, citing a threat to the country's "food sovereignty".

[...]

[paulo435] 18/1/2021 08:48

Article in Mail on Sunday that was of noting:
“Fund manager James Mee works for investment house Weaverton and runs its £106M multi asset income fund. Among his favourite dividend friendly stocks is Tesco that is expected to pay an attractive special dividend - around 51p a share - in the first half of this year”. “AJ Bell’s Russ Mould is also a fan of Tesco because of the forthcoming special dividend and sticking to the basics of keeping the nation fed and watered.”

I had done some quick maths previously and thought the divi would be around this amount also.

[muffinhead] 15/1/2021 13:47

yf23_1 14 Jan '21 - 16:09 - 24793 of 24799

Income Statement 2019/20
Operating income 2019/20 £2510 million


Cashflow Statement 2019/20
depreciation/amortization is mentioned as £1789 million



Covid related costs: A further £85 million incremental costs announced in yesterday's trading statement with an exceptional charge of £810 million now expected for full year 2020/21

Why don't they just give a figure rather than being so vague ???
....because they wanted to report a trading statement boom in sales

The full year accounts and profit will be reported 14/4/2021

[philanderer] 15/1/2021 11:52

JPMORGAN RESUMES TESCO WITH 'OVERWEIGHT' - TARGET 300 PENCE

[geckotheglorious] 15/1/2021 09:09

Konrad,

Worries me to.Economy is screwed, especially at the bottom end where those least able to afford this shutdown are the ones getting smacked most.

[jsforum] 14/1/2021 22:45

Sounds like Trump - undermine the lockdown and buy shares in coffin manufacturers

[konradpuss] 14/1/2021 21:06

Gecko, it's the collateral damage of lock downs that really worry me long term.

The government commissioned an impact assessment of lock downs, however they have not published it.

I wonder why?

[geckotheglorious] 14/1/2021 20:42

Whether lockdown is the correct or wrong way, we cannot afford it.
A shut down economy means ruination - end of days.

[johnwise] 14/1/2021 16:24

Lift lockdown or lose your job! Boris warned he's facing leadership coup - MPs turn on PM

BORIS JOHNSON has been warned he could be turfed out of Downing Street by Tory backbenchers unless he signals his plan to end the coronavirus lockdown.

[albert3591] 14/1/2021 14:46

Danj,like I said.it happens often

[wendsworth] 14/1/2021 14:22

Pidstar: Agreed. In addition the Thai and Malaysian business was extremely profitable as opposed to Tesco Bank.

[geckotheglorious] 14/1/2021 13:54

nathdani
Post 24788
"Gecko you have no idea ,just a perception so we will leave it as that"

Really? No idea? How did you know I didn't stack shelves back in the day for asummer holiday job?

Elaborate how difficult it is to stack a shelf, or run a supermarket till.
I'm all ears.

Note I am not saying they are NOT worthwhile jobs. All I am saying is their salary isn't "SKILL BASED" but arbitrarily set by Govt mandate.

One could just as easily compare Soldiers/Nurses salaries to local Govt/MPs.
The former are relatively underpaid £22-27k pa the latter massively overpaid.
MPs £75k+ plus pension + expenses.

Grossly overpaid for their skills in fact....

[danj1975] 14/1/2021 13:32

I have to say that I was expecting a more positive response from the share price similar to Sainsbury's but it's not forthcoming so far. All this talk of 2.75 isn't materialising...

[nathdani] 14/1/2021 12:51

Gecko you have no idea ,just a perception so we will leave it as that.

[philanderer] 14/1/2021 12:01

"Investors will be happy with the announcement however, going forward they will be keeping a close eye on costs associated with the virus as well as further improvements on the online experience and delivery processes as the UK national lockdown continues," said Edison's Neil Shah.

aLLIANCE nEWS

[geckotheglorious] 14/1/2021 12:00

Nathdani
Post 24777
"Just above min wage is not overpaid"

Is that Minimum WAGE Skill based?

No.

It is an arbitrary number chosen that is deemed to necessary to live. It pays no attention to whether the skills merit such a wage.

You clearly miss my point!

They're overpaid if the wage they get for the skills needed to do their job do not merit such a high wage.

The more important fact though is key expenses are soaring in cost such that most are falling behind each year (as the Middle Classes get compressed DOWN into the working classes)

And that is sown to QE/mass money printing and unfettered Immigration.

This is why, for most, one salary in the house is no longer enough to get by.


Reasonable results from Tesco, but of more interest is the Quebec Supermarket bidding fro Carrefour.

"Circle K Owner’s $20 Billion Carrefour Bid Hits Wall of Doubters"
Couche-Tard’s $20 billion move for French grocer Carrefour SA. The acquisition would be five times the size of its biggest purchase to date and thrust the company into large supermarkets, a low-margin corner of the food industry in which it has little experience.

[philanderer] 14/1/2021 11:37

Tesco sees disruption to some NI food supplies

[pidster] 14/1/2021 10:48

What's the idea of getting in for the special dividend , if the shares are consolidated . How would you be better off ?