Tesco Share Discussion Threads

[helen troy] 01/12/2023 16:50

I was being sarcastic, but thanks guys. My quick estimate of bank sale several posts ago was 1 billion. Happy to see somebody suggesting 1.5b. That's 15p per share. A sudden thought. Has the bank sale situation caused the recent share price spike?

[hazl] 01/12/2023 16:45

JPM Blackrock some say own nearly everything ....

JPMorgan Chase & Co. is an American multinational financial services firm headquartered in New York City and incorporated in Delaware.

[ladeside] 01/12/2023 16:40

3 JPM's in view in a late 80's / early 90's puggy used to pay £1, I can tell you that much.

[konradpuss] 01/12/2023 16:39

JP Morgan are, I believe, the biggest bank in the world. Perhaps they know something we don't!

Anyhow, I think the best thing to do is - do your own research.

[helen troy] 01/12/2023 16:32

Bought a third of my holding back. Who is JPM?, but thanks pal. ?

[ladeside] 01/12/2023 16:31

Does anyone seriously even look at "Brokers ratings" anymore ?? It's all utter nonsense and I don't think any have even been close in any sector / individual share in about the last 15 years !!

Looks like Tesco hierarchy are also leaking little snippets to the press in an attempt to start a bidding war for the Bank.

Barclays and Lloyds named so far with other "players" apparently in the mix (Chase Bank would be my guess).

£1.5 Billion plus ???

I'm sure we'll hear more over the coming days.....

[philanderer] 01/12/2023 16:13

updated...


1st dec JP Morgan underweight tp 230p
16th nov Goldmans buy tp 350p
5th oct Barclays overeight tp 335p
5th oct UBS buy tp 315p
5th oct Jefferies buy tp 350p
5th oct Bernstein outperform tp 320p


4th oct ++++ interims ++++

[helen troy] 01/12/2023 15:04

240 is well below where it's at, and woke the punters up.

[philanderer] 01/12/2023 14:44

Ridiculous shareprice reaction to JP Morgan cutting their target price from only 240p to 230p.

[helen troy] 01/12/2023 11:26

https://ukinvestormagazine.co.uk/tesco-shares-fall-as-jp-morgan-slashes-price-target/

[philanderer] 01/12/2023 11:14

JPMorgan cuts Tesco to 'underweight' (neutral) - price target 230 (240) pence

[johnwise] 01/12/2023 08:00

The Great Supermarket Ripoff ?

Is profit greed fuelling the cost-of-living crisis? How prices of own-brand goods have surged in the past two years - with baby formula up 45%, beans 57% and cat food 65% - amid claims they're being hiked

[hazl] 30/11/2023 14:37

It is a good thing we are all different and whatever works for you Icar.

[1carus] 30/11/2023 13:51

I have done the same with a few shares that I have done well with recently, the SL's have not triggered yet, but I don't want to lose a large portions of the gains I have made and it will free up the capital which will make me look for other interesting opportunities. I feel in the past I have owned shares for far too long often with some weird emotional connection. Old habits are difficult to break!

[1carus] 30/11/2023 13:47

Hazl, I was specific to say profit percentage and I think they have 27% share in the market, which I think is relatively high for recent years. So difficult for them to do anything significant in the short term to improve growth and margin. Not saying they are not worth £3.00 a share, and I have not sold. Just saying these are getting toppy and history shows that the drop from the top can be over 30% which is better than holding on for the next ex-divi-day in this case. They are going to need a good xmas to stay above 2.75 I feel so I am just hedging my bets with the stop loss at this point.

[hazl] 30/11/2023 13:15

1carus ....because people have to eat and the margins the supermarket makes, might be small on each item, but it is the sheer number of sales that gives them their profit.

[1carus] 30/11/2023 12:09

Good to see Tescos still holding on to Market share, but recent wage increase will continue to hit the bottom line I think and the inflation rates gave all of the supermarkets a good excuse to make larger profits. I am struggling to see how they can improve too much over the next few years in terms of profit percentage. Margins are somewhat limited I feel and you can't get game changing efficiencies year on year. Nice divi though and there seems to be money to be made off the long term range of this share over time. I've doubled my money here and now set a stop loss. I will move it upwards if the price increases, but I am not expecting a bumper xmas this year as things are still quite tight and negative news over xmas / new year may affect the current price adversely. So potentially money to be made here. Just my opinion though.

[tim 3] 29/11/2023 19:00

Yes but the difference is a lot of these so called offers are actually where they inflated the price to make it look like a good deal when in fact the offer price was no lower than the original price ( see recent which report)meaning basically you are now having to provide your own personal details just to the supermarket or you will be charged a premium.If all supermarkets do this are they not abusing their position?

[helen troy] 29/11/2023 15:44

Going back 70 years or so hazl your coop spend got captured at POS and earned you points like shares. The profits were split into a dividend per share. That could be several shillings per share. It gradually decreased over the years and then ceased. A very outline description.

[hazl] 29/11/2023 13:59

What is the advantage of being a member in Coop albert?
I have never been sure.

[albert35911] 29/11/2023 12:21

I remember the coop divi so it’s nothing new,just the ability to track people’s spending more quickly now,when I was about six years old my mum would say to me go and get a 1lb of sugar and don’t forget the divi number,I can remember it now 5840.

[tim 3] 29/11/2023 11:12

It's interesting have noticed sbry have now gone from mainly just getting points on necter card to nearly all their offers being necter card holders only and the offers certainly look no cheaper so it's clear the company benefits but maybe not the customer as they now have to hand over all their details to be able to take advantage of offers that were previously available to everyone.

[yf23_1] 29/11/2023 10:57

Yes, but now everyone's doing it. Why do I need multiple cards just to go shopping ?
A fairer scheme would be to give say an extra %age off a promo price if you use your clubcard and that goes into your clubcard account. Then, you are getting the extra benefit by giving your data. You still get the promo price whoever you are and Tesco still get you to spend your savings at Tesco.
Simples.

ha, ha, a shelf stacker with more intelligence than senior management.
They should up my rate.

[geckotheglorious] 29/11/2023 10:20

of course it's fair for supermarkets to give cheaper prices to members.

The members are giving them "Information" and we live in an age where information/data is key.

UK regulator just sticking its nose in where it isnt needed.