Tesco was originally founded in 1919 and is now the UK's largest non-food retailer. It is operating in 14 markets across Europe, Asia and North America. It has many outlets including 'Extra', 'Superstores', 'Metro', 'Express' and 'Homeplus'.
worth getting back into shape for my next trade. might get complicated in the long and short of it. but as always in freelance work, two pitches, coffee and £1 for services rendered. coming out soon. fountain of magic blurry now. Leona first and foremost. _________ technical statement - tesco's is grimmer than the grim reaper of gherknsville where ghoul's gorge goulash, guacamole, give good grindings and grievance, ginggangooliwooli grumpy general grenadier guards gastronomic grocery garage. 5 weeks left. __________ http://www.fool.co.uk/investing/2014/10/24/should-i-invest-in-tesco-plc-now-2/ A warning from the top Things are grim at Tesco, and I don’t just mean they have been grim, I mean they are grim and they look set to continue being grim. Get that? Grim, past, present and future. http://www.telegraph.co.uk/news/politics/georgeosborne/11181535/George-Osborne-gets-stay-at-home-mothers-back-to-work.html
How much lower
A recent article was quoted here showing Tesco losing profitability in every country in which it operates.Tesco have a joint venture in Thailand and blame the political and economic uncertainties and competition offering price discounts or money off next time if you spend so much this time. Tesco's Thai Clubcard is not as competitive .. The reality is that they are not as good as their main competitor Big C which is run as a JV with Casino of France. All this is not encouraging as is the apparent fact that the company has virtually no senior management left after the accounting errors or whatever has caused the black hole. The CEO cannot even give a profit forecast because of the uncertainties. The interim dividend of 1.16p is considerably lower than before and there is always the possibility of a rights issue. Thomas Cook was an example of a household name almost brought to its knees with the shares at 16p but they have revived well under Harriet Green. Can Tesco shares go that low? I personally doubt it but Moodies and people like that are not helping. I was tempted to buy at 165p which was exactly half the price to which the shares sank on the day of one of, if not, the first profit warning. Now I would not buy unless well below 100p but that is just one view Could be a good long term recovery play but which way the supermarkets? I note that Sainsburys have also dropped a lot. GLA
also just a modest punt on this rebounding within a year
SAYS IT ALL
Tesco Plc slumped 3.4 percent after Moody’s Corp. said the grocer’s debt rating may be cut to junk
RE: Bad news all round, really
Jolly ... Asset prices NOT rising with zero interest rates and QE... Step outside Jolly and smell the fresh air. Asset prices have ballooned under those conditions since 2009. Commodities have floundered. You are not only wrong, you are unlikable because you deliver your inaccuracies in such a detestable manner.
I decided to pick up some tesco shares today. Just a modest holding but like Barrington, I remember M&S having a pretty torrid time a few years back and see no reason why tesco can't rebuild over time. Just thinking about the supermarket side, I shop at both Aldi and Tesco and both have their strengths and weaknesses. I notice that Aldi have announced that they will now be taking credit cards. That will cost them money and they will need to increase the footfall (or their prices) to make it work. Interesting times ahead!
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