Tesco Share Discussion Threads

[helen troy] 10/4/2024 08:23

Looks like the final divi is 13.4 Vary tasty

[peteret] 10/4/2024 08:22

How can you have brilliant results and the share price drops 4p on opening and is struggling to get past 290.Our markets are all a big fiddle.No wonder companies want to list in the US

[hazl] 10/4/2024 08:07

NAV Indeed is a good measure but there is the future value which shares are about.

People will always need food.
Tesco is a big entity able to plan ahead, sell it's bank, do the solar panels ,to please Governments as somebody pointed out above.
News to me to be fair.

[unastubbs] 10/4/2024 07:45

Could be we go over 3 today. FTSE futures look set fair, possibly TSCO to head the leader board for once??

I'll be listening to the analyst presentation today, I hope the CFO might be able to comment on the bb and at what point he considers that it no longer brings value. Is there some kind of metric that can be applied to shares to demonstrate that they are still "cheap" (or not)? With ITs it appears to be very straightforward, if the share price is significantly under NAV then a buyback is an option.

[18bt] 10/4/2024 07:34

Excellent results - particularly on cash flow. There’s a lot to like in the detail of what they are going to do e.g. choosing the next year or so to install loads of solar panels on the stores which presumably will benefit from excess Chinese production reducing prices. It’s the detail of all the self-help issues which I like about it. Compared to other companies, the CEO’s report does seem to have some personal editing and comes across as an authentic style. Only blot remains E Europe, which sooner or later they are going to need to sell or fix.

[tuftymatt] 10/4/2024 07:32

Very nice 😀

Can we break and hold 300 now or will the algo's find something to cause a fall in the price??

Either way you can't knock the company and in time the share price will reflect that.

Good luck all 👍🏻

[hazl] 10/4/2024 07:27

Outlook good too.

'Planned sale of banking operations and long-term strategic partnership with Barclays announced in February 2024:

· Sale expected to complete in second half of 2024, generating c.£700m cash (net of transaction costs) made up of c.£600m consideration and c.£100m other net cash; planned sale results in a remeasurement loss of £(628)m (post-tax)

· Combined with £250m special dividend paid to the Group by Tesco Bank in August 2023, expected to deliver c.£1bn of cash'


IMO

[hazl] 10/4/2024 07:17

Goodness .
Excellent.

[hazl] 10/4/2024 06:01

Yes let's see the results.

[superiorshares] 10/4/2024 05:08

simplistic inflation indicator for the Chuzzlewits.
The SS provided indicator.

Walking past my Tesco Yesterday with the dogs.
Another 2p per litre on fuel. 147.9 now.
That makes 10 p per litre since the indicator started about
3 months ago.
Inflation gunner get ya

TRUMP2024
SS

[alphorn] 09/4/2024 10:48

Results tomorrow.

[peteret] 08/4/2024 16:14

This is firmly in the grip of the algos.Will they be able to keep it down when the brilliant results are out on Wednesday.I don't think so and have bought in today at this knocked down price.Good luck all holders.

[johnwise] 08/4/2024 12:55

Tesco to publish decent numbers predicts UBS


Tesco should produce decent numbers when it reports on Wednesday, according to the analysts at Swiss Bank UBS.

Highlighting three areas, UBS is a buyer and expects to see resilient demand as industry volumes recover, sustainable market share gains and a better earnings growth than expected.

Driving this will be volume, retail media, cost savings and energy tailwinds.

“While we continue to assume an underlying buyback of £750m a year, we see a potential for TSCO to return £1.25bn/yr over the next two years given the intention to return a majority of the c£1bn from the bank or 22% of market cap including dividends.”

[hazl] 05/4/2024 21:05

Tesco will constantly surprise in my view. And to the upside hopefully.

[superiorshares] 05/4/2024 17:31

Look at the ffffing oil 😂

TRUMP2024
SS

[superiorshares] 04/4/2024 20:08

Oh look at the Oil 😂

TRUMP2024
SS

[vaneric1] 04/4/2024 10:00

I guess someone thought they were worth buying.

[vaneric1] 04/4/2024 09:58

For those who don't do languages:
The Casino group announced the sale of 288 stores to Auchan and Intermarché on Wednesday 24 January. This represents "almost the entire perimeter of hypermarkets and supermarkets," Casino said in a statement. These stores and the gas stations attached to them are valued at nearly €1.35 billion, according to Casino.

[superiorshares] 03/4/2024 20:20

I have assisted sales today with my shopping.

Also I had from the cafe
LARGE ENGLISH BREAKFAST AND TWO PORTIONS OF CHIPS
and a medium latte to swill it down 🍟🍟🍳🇬7463;💪ԅ25;

TRUMP2024
SS

[superiorshares] 03/4/2024 20:05

Chuzzlewits

Another 2p per litre on the Petrol
£1.459

TRUMP2024
SS

[alphorn] 03/4/2024 11:55

Will be interesting to hear the results. Across the Channel Geant/Casino in trouble.

Le groupe Casino annonce la cession de 288 magasins à Auchan et Intermarché, mercredi 24 janvier. Cela représente "la quasi-totalité du périmètre des hypermarchés et supermarchés", indique Casino dans un communiqué. Ces magasins et les stations-service qui leur sont rattachés sont valorisés à près de 1,35 milliard d'euros, selon Casino.

Not expecting surprises from Tesco.

[helen troy] 02/4/2024 11:11

Results 10 April.

[helen troy] 02/4/2024 09:19

Waiting patiently for the 300 again. GLA