Tesco Share Discussion Threads

[helen troy] 28/11/2023 12:04

Forget it TT. There is a 3 day transit time!

[helen troy] 28/11/2023 09:26

TT my iweb divi should be in my bank a/c now, shouldn't it? No sign of it.

[thamestrader] 27/11/2023 13:43

Mid-May. It was the 19th this year, so probably the nearest Thursday next year.

[1carus] 27/11/2023 13:39

When is the Next es divi date due?

[tuftymatt] 27/11/2023 07:54

Thanks philanderer.

I agree that circa 300 seems fair and reasonable from this realatively safe and "boring" consumer staple / consumer discretionary.

Good luck all 👍🏻

[philanderer] 27/11/2023 00:18

Sunday Times tip that hazl mentioned..


There might not be anything "flashy" about Tesco, but for the Sunday Times's Lucy Tobin "boring can be beautiful".

In her opinion, financial markets did not seem to be discounting the grocer's latest guidance for full-year adjusted profits from retail of between £2.6-2.7bn.

That compared to £2.4bn for the year before.

Yes, the shares had climbed 18% year-to-date to reach 279p, but that was still below the 300p peaks often seen before the pandemic.

Furthermore, its price-to-earnings multiple of 11 was as low as it had been for nearly a decade.

She conceded that high home energy bills and mortgages continued to cloud the outlook, while the cost of living crisis continued.

Yet Tesco was recovering some sakes from the discounters and its Finest range was taking some share from Waitrose and M&S.

It also had a healthier balance sheet than the likes of Asda and Morrisons, its retail free cash flow had improved and its pension liability was negligible.

Then there was Tesco Bank - which might be sold - and the grocer was carefully spending more on freeholds to cushion the impact of future inflation-linked rent reviews.

"There’s nothing flashy about Tesco and its sensible management, but boring can be beautiful," said Tobin.

"Add the supermarket’s shares to your basket."



Sharecast.com

[tuftymatt] 26/11/2023 20:58

I did search for it hazl but it's locked when it comes to reading it.
Thanks for the summary and hopefully it helps push us into the 290's 🤞🏻

Good luck all 👍🏻

[hazl] 26/11/2023 20:33

Very positive article.

[hazl] 26/11/2023 15:19

Basically they went through many financial reasons why
it was still a good bet.
You would be pleased with what you read!

[hazl] 26/11/2023 15:11

Hi matt.
I have the paper version every week.
Have you tried searching the quote?

[tuftymatt] 26/11/2023 11:21

Do you have a link hazl as I am not a subscriber?

[hazl] 26/11/2023 08:56

Hey!

'Big can be beautiful'!
'Put Tesco in your bag!'

By Lucy Tobin in the ST Business.

[yf23_1] 25/11/2023 14:37

Last time I was expecting 39 4-weekly payments but I think they only do 36. I think its to do with when they start and finish.

[nathdani] 25/11/2023 10:10

Indeed made 63.80 before start of saving .

[yf23_1] 24/11/2023 18:09

That 220p option price is looking better by the day. Just gotta decide how much I want to invest per month.

[hazl] 24/11/2023 13:08

I am really not even thinking about an exit.
But each to their own.
Nice to be on a civilised board.

[tuftymatt] 24/11/2023 08:54

Thanks Helen.

I am hopeful of a bit more here before I may consider taking some profit. I can then spend that profit at Tesco on Christmas goodies 😂

[helen troy] 24/11/2023 08:28

Glad to see the share has recovered to my exit point (without the divi). Could push towards 300 imo. Good luck to all.

[superiorshares] 23/11/2023 11:03

But you are all failing to accept migration is going to financially destroy you all .
The 2022 revised Intake is a hilarious classic 😀
.Gecko your gunner pay 😀

[superiorshares] 23/11/2023 11:00

Stamps there is another.
I own a few dozen

[konradpuss] 23/11/2023 10:31

Actually, the biggest and still unregulated market is not 'crypto' its art.

Very easy to move around. It a hard asset however sometimes goes down in value like a lead balloon!

[geckotheglorious] 23/11/2023 10:16

Sadly true Hazl.
I certainly don't trust crypto either.
PM's and hard assets for me - eg Agricultural land.

[hazl] 23/11/2023 09:19

I think konrad anything created by the people, for the people, will be trodden on and the leaders will have their own version.
It has always been this way.

imo