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'.
Hi Opium see you like going around blind corners. Time will tell what the outcome will be. Good luck
If you read around the press, you can't but feel the manic desire among so many commentators tp see Tesco share price fall, as though they are willing this to happen. It is very strange. I have never 'willed' a fall but am not foolish enough to pretend otherwise when it is falling, but these guys appear to have a kind of vendetta against Tesco (this is most clearly borne out in the Questor column, for example). I can't get my head around this. As for my berating the banks, I do that because they are scum of the earth, and if you can make money there by whatever means, long or short, go ahead. But what I find distasteful is anyone excusing them because they are long, or praising them because they want the shares to rise. By all means, desire the shares to rise, but know what they are, and let's remind these dogs what they are, because they want to brush out of history what happened, so they can do it all over again. It will be future generations that will pay the price for the 2007 Great Recession. Our children and childrens' children. That is the legacy these dogs have left us with.
RE: Below £2.00
Why don't you two guys recommend each other as your posts are so alike - Oh, I think you do already. I personally, think it is very kind of you Short term guys to worry about us Investors, rather than the possibility of a sudden reverse in your own positions.
RE: Below £2.00
Agree regarding the div cut. For those who have a holding in Tesco if you take away your emotions hoping for good news then you may see that below £2.00 is a realistic and achievable price as it will get worse before it gets better. Unfortunately when you are invested you do not want to focus on the visible bad news which is not around a 90 degree corner but more like a slow bend on a motorway where you can see in the distance the traffic jam but only if you look ahead.
When will we get to know if the next divi will get cut ? maybe this SP is factoring in a cut ?
RE: At this rate
You are exchanging the peace of the double bed for the hurly-burly of the chaise lounge.
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