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'.
When we say 'Sell' that is exactly what we mean. So what if our target SP swings up & down by 100-150p in a week? - Someone has to pay for the Brazilian Marching Powder...
Goldman Sachs trying it on?
"Goldman Sachs analyst Rob Joyce reiterated his ‘sell’ recommendation and target price of 200p on the shares, which rose 0.9% to 240.5p." http://citywire.co.uk/money/the-expert-view-tesco-marks-and-spencer-and-carnival/a806801?re=33476&ea=222385&utm_source=BulkEmail_Money_Daily&utm_medium=BulkEmail_Money_Daily&utm_campaign=BulkEmail_Money_Daily#i=2 Goldman Sachs have been consistent doom-merchants for months, despite which the share price has risen. GS - very dodgy outfit IMO - whatever they come out with it is only to influence the market to suit their own ends. DYOR.
RE: Walk of shame
Thanks for the tips opium, if it's that rough on the front line I'll send the missus
Moony:Tiger of the Sector
Tesco's sheer size and ongoing turnaround could see it nudge ahead of other large UK supermarkets getting squeezed by up-market chains and hard discounters, according to Smith & Williamson fund manager Mark Swain ** Swain, a co-manager of firm's long/short Enterprise fund, closed short position in Tesco (earlier this yr), still short Morrisons & Sainsbury's ** UK's Big Four grocers (including Wal-Mart's Asda ) battling over mid-tier mkt which is being squeezed by Waitrose & Marks & Spencer at top & Aldi & Lidl at bottom ** While Swain reckons Tesco probably can't fight top or bottom tier, as market leader has best chance vs mid-tier (can be price leader & squeeze others)
Waitrose better ! Lol but opium made me buy more of these shares last year and I have not been sorry , I owe him some bananas
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