Excuse my needless "should be" at start of 3rd paragraph. - GL.
RE: RE; with £10bn in propert..
Rocka, agree re TSCO. Said as much on TSCO's BB. On most visits, I see hyperstores fairly busy in food isles. At times, even congested due to order pickers. Other large parts of these stores mostly virtually deserted. In nutshell, they tried competing on too many fronts. Expensive Apple Macs, PCs, et al, can be found close to long isles packed with plastic buckets, bowls, brooms, etc. Trying to grab market share from premium brands like Apple Stores & cheapos like B&M, means lots of retail space is wasted. But specialized staff still have to be paid in areas like computer section. Sure people play on computers, et al, at TSCO's, but how many people buy iMacs from supermarkets? No wonder Apple Stores are always packed. The other popular alternative is of course online. However, should be TSCO will be fine L/T. I've read they own over £20bn property, over 1,000 acres land, making headway in banking, etc. Still a profitable business. I agree parts of the larger stores may be useful for expediting C&C services in future. If I wasn't already in here, I'd probably buy TSCO fairly soon. Let's hope 170+ holds here. Major declared shorts on MRW slightly down from 4.99% last week to 4.72%. Small crumbs of comfort maybe, but better short positions falling than rising: http://www.shorttracker.co.uk/company/GB0006043169/all Cheers.
RE: RE; with £10bn in propert..
Paintball arena's maybe or indoor karting tracks ? I think Tesco have the biggest headache regards what will be the elephant in the room or large white elephants in the form of the hypermarkets which will gradually be devoid of customers as shoppers migrate online. The one saving grace for supermarkets I believe will be click and collect which is popular on the continent, beyond this I think the supermarket is finished
RE; with £10bn in property.....
The out of town retail units are still very valuable as they can be sold off for many uses; 1.distribution warehouses(especially if online really does soar as you predict)2.Housing(massive uk wide shortage) 3. Other supermarket chains(aldi ???) 4.industrial units. They are not making any more land in UK so as the population swells its ALL valuable.
RE: Sp going foreword
Sorry Wrong BB
Sp going foreword
I am tying to evaluate the risks going foreword, Gordon Field 2875 acres has a 3d seismic survey and the drilling pads are place on the most promising locations. If the Pads are placed on the most promising descending to the least promising, then that could have the effect of a spike and a tapering of the share price. Perhaps someone with more knowledge could comment on this theory
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