Tesco Share Discussion Threads

[soho2] 17/4/2021 11:54

With all due respect, nobody pays attention to IC anymore... they are sooooo last season

[careful] 17/4/2021 11:38

Tesco is being quoted as one of the cheapest stocks with great upside potential.

Todays Telegraph;

Tesco. Average price target 335p. 50% upside.
Shell. Average price target £19.10 42% upside.
Vod. Average price target 179p 33% upside.

[philanderer] 17/4/2021 00:37

Investors Chronicle:

HOLD: Tesco (TSCO)

[pojscott] 16/4/2021 14:47

Topped up yesterday and just breaking even on dealing costs today. In IMO very cheap at this price with a good steady DIV.

[peteret] 16/4/2021 14:07

Thanks for the mention

[peteret] 16/4/2021 13:51

CREDIT SUISSE RAISES TESCO PRICE TARGET TO 283 (280) PENCE - 'OUTPERFORM'

[dondee] 16/4/2021 12:10

Or maybe not.

[123trev] 16/4/2021 11:51

Institutions are picking these up for the yield but also for future growth potential this stock is a very good defensive play despite the shortsighted views of some on here. Get this year out the way and an end to COVID and Tesco will in my view be pulling in profits of between 1.3- 1.5 billion a year.

[123trev] 16/4/2021 11:42

Well I will stick with the clubcard and the just under 5% divi gives me a lot of free shops lol. Let’s be honest here every supermarket has its issues and the discounters are not immune. I would say 75% of what they sell is very poor quality and when you do find something you like it rapidly falls in quality but raises in price. The issue for them is their business model is changing they are becoming more aspirational and that comes with a cost some years ago they got one up on the majors but now their fighting back and I know who I’m backing.

[trewsa] 16/4/2021 06:59

Ken Murphy decided pop muzak was to be played all the time non-stop in every store.This makes a mockery of safety efforts as having to shout over it increases the spread of droplets.My store in Manchester is supposed to be the most eco-friendly in the country but no money was wasted on the sound system,which is awful.The only spot that safety messages can be heard clearly is by the toilets.I now shop for my friends and neighbour where it is quiet-even Morrisons was blissfully silent on Tuesday.At Salford it is most noisy by the tills-so much for screens etc.On their monthly survey it asks "Did you hear music? Did you dislike it? Intensely"- yes! In the middle of the pandemic they replaced well-spaced washbasins in the toilets with all-in-one units next to each other which blow water back at you.Basket tills have gone,not enough staff;Aldi,Lidl much more efficient.Keep your Clubcard prices!

[philanderer] 15/4/2021 14:58

una, thanks for those links.

[unastubbs] 15/4/2021 12:08

tempus (the times) buy
bryce elder in the ft also very positive

both from today

[vas007] 15/4/2021 12:00

Totally agree with 1loughton .

[nathdani] 15/4/2021 10:46

There is nothing to support share price this is going to drift down imo

[123trev] 15/4/2021 09:39

Doh could it be those extra staff,vehicles and all the other huge costs associated with covid not to mention the bank and they didn’t lose money far from it.

[1loughton] 15/4/2021 08:55

How the hell did they lose money with people queuing up to buy essential food at virus inflated prices- it stinks!

[philanderer] 15/4/2021 00:17

Tesco prepares for supermarket price war

Britain's biggest grocer says it has won customers from its biggest competitors as well as Aldi and Lidl since the pandemic began

[philanderer] 14/4/2021 14:11

On a media call, Mr Murphy said the rise in digital shopping looked set to continue, adding that Tesco would have to bolster its 'food to go' ranges in local neighbourhood stores, while also offering faster delivery offerings for shoppers wanting their food delivered when working at home.

Mr Murphy added: 'Tesco has shown incredible strength and agility throughout the pandemic.

'By putting our customers and colleagues first, we have built a stronger business.

'While the pandemic is not yet over, we're well-placed to build on the momentum in our business.

'We have strengthened our brand, increased customer satisfaction and improved value perception.'

He said the company was in no rush to get rid of in-store health and safety measures implemented during the pandemic, saying it remained clear they were still required to help keep staff and shoppers safe.

While uncertainty around a recovery makes it difficult to predict the year ahead, Tesco said its best estimate is that retail operating profit will recover to a similar level as in the year before the pandemic

Tesco proposed a final dividend of 5.95p a share, taking the annual payout to 9.15p, which is the same as the previous year.

Speaking to the press, Mr Murphy stressed that the maintenance of the dividend was very important, as was the need to secure 'consistent returns' for investors.

[philanderer] 14/4/2021 12:58

Hargreaves Lansdown's Nick Hyett said: "Tesco reported solid revenue growth for the year, growing market share and gaining customers from all its key competitors. However, servicing extra demand during a pandemic has come at significant cost as the group took on extra staff and expanded its online offering.

The good news is that those costs should be temporary, and while some of the extra sales will slip away when the end of lockdown allows customers to shop elsewhere, the stage is set for a strong earnings recovery once the pandemic passes.

"We suspect the longer term impact will be a permanent uplift in online shopping, and Tesco has used the last year to dramatically increase its delivery capacity. Weekly slots have more than doubled to 1.5m a week and new fulfilment centres are under construction and due online shortly.

With the recent sale of the group's Asian businesses fortifying the balance sheet, Tesco is in pretty good shape."


Alliance News

[cockneytrader] 14/4/2021 11:49

For every £100 spent by customers, profit before tax equates to £1.545! Just goes to show making money in the UK is tough going.

[yf23_1] 14/4/2021 10:56

A charge of GBP(93)m relates to the settlement of two shareholder litigation claims during the period, with associated costs.

WTF !!???

[careful] 14/4/2021 10:44

john wise is suddenly obsessed with China problems.

Who gives a damn.
More than 7bn World population, there is always someone being beastly to someone else.

Nothing to do with Tesco.

[careful] 14/4/2021 10:00

just bought in here.
a juicy 4% dividend and a £53.4bn turnover.

This Covid year was always going to be messy and expensive.
The integration of Booker also, management have lots to do.

Huge potential savings going forward.

[philanderer] 14/4/2021 09:44

Well flagged. I'll continue to hold.