Tesco Share Discussion Threads

[bigt20] 11/3/2023 14:10

albert359 17 Mar '23 - 19:36 - 28152 of 28159

How long before people start to dig their heels in against all supermarkets pricing,something must happen soon people just cannot afford these prices.

-----> I am a regular online customer of Tesco and I also use a convenience
store. When they (the convenience store of Tescos) try to charge 25% - 29%
for a product compared to a main store/online I just dont buy the product.

I would accept a small price differential to cover the extra costs of delivery
etc. as they are transported in the smaller lorries and the convenience
factor but I think 25-29% is excessive.

[helen troy] 10/3/2023 15:30

Not too many supermarket chains left.

[yump] 08/3/2023 09:56

Albert

As long as supermarkets need to make profits, you’ll need to pay market price, unless you move to a communist country and give up any chance of a state pension.

[vaneric1] 08/3/2023 09:39

I top sliced when it hit £3 last time, all a distant dream at the moment.

[konradpuss] 07/3/2023 19:39

Silchester sell down a small chunk.

Well who begrudges them taking some profits from topping up at circa £2.

[albert3591] 07/3/2023 19:36

How long before people start to dig their heels in against all supermarkets pricing,something must happen soon people just cannot afford these prices.

[yump] 07/3/2023 09:16

Depends on the timescale, which is presumably a secret ;-)

[unastubbs] 07/3/2023 00:29

tq phil. 310 wd be luverly jubbly!!

[philanderer] 06/3/2023 14:13

(Sharecast News) - Jefferies has upgraded Tesco and Kingfisher, as part of a wider review of its UK retailer ratings.

Tesco, the UK's largest supermarket by market share, and B&Q-owner Kingfisher have both been upgraded to 'buy' from 'hold', with target prices of 310p and 330p respectively.

[helen troy] 06/3/2023 09:30

Good to have the buybacks out the way and be open to normal market trading imo dyor.

[johnwise] 05/3/2023 16:48

Why do the Torys hate Britain so much?

Meat 'could flood into Britain from countries with weaker welfare rules' under Tory deal

Farmers are worried a new super-trade deal with countries including Mexico, Vietnam and Chile could lead to a massive increase in beef and pork imports from abroad

[konradpuss] 04/3/2023 13:27

Looks like Shore Capital have gone from hold to buy.

That's positive.

[helen troy] 03/3/2023 15:45

Results and divi will be announced next month. I suspect a few market players may be taking positions on the outcomes. Dyor

[helen troy] 03/3/2023 09:02

Update to my last message. The £750m buyback authorisation has been completed. At half year results £450m had been completed. HSBC and Citi have completed the other £300m. So a new shareholder authorisation is needed for more. Wdik? Dyor

[helen troy] 03/3/2023 03:38

I think the share buybacks of hsbc and Citi have probably been completed. They were authorized to 100m + 203m. From Total voting rights 132m have been bought back. That totals the authorizations to hsbc and Citi. We might see a new RNS soon authorizing somebody else to buyback. The total buyback authorization from shareholders was £700m. Still a way to go. I think the lack of an active buyback makes the share price more volatile as other market players get a chance to use their trading algorithms. Wdik? dyor

[helen troy] 02/3/2023 13:45

I'm hoping it can stay around these levels for another month so I can load in my new ISA.

[momentos] 02/3/2023 12:02

Barring consumer downswitching, revenues should increase in line with inflation which is especially high on food.

Cost base increases (barring fuel etc) should lag behind so in the short term at least it should look healthier ... And share price rise by inflation plus :)

[yump] 02/3/2023 10:58

Difficult to see any reason for the share price to go up or down much at the moment. Tesco doing OK, despite consumer and economic problems. Is it likely to do better if the economy recovers ? Seems unlikely that costs will drop for a year or so - can't imagine supply and distribution will get easier.

[philanderer] 02/3/2023 10:46

Shore Capital raises Tesco to 'buy' (hold)

[helen troy] 02/3/2023 09:41

The word 'production' needs to be retained in the quote.

[helen troy] 02/3/2023 09:38

I'd settle for correcting the grammar to 'some were'

[momentos] 02/3/2023 08:36

We should be grateful to Johnwise for ensuring there is never any shortage of over-ripe cabbage heads on this thread.