I am a long term investor but niggles at price as a short term investor I nearly bought tsco at 1.55 a fee weeks ago, Then got swayed by the staff selling shares, Sods law suggests if I bought @ 1.55 it would've dropped to 1.30.
If we stopped shopping at Aldi and LIDL and supported our own British supermarkets the price would rise to £4.00 plus again .The quality at Aldi does not match in my opinion Tesco own label . I was in food and drinks manufacturing all my working life up to Directorship level ,at blue chip companies , and I understand food quality .
The Aldi adverts are cleverly put together , and in my opinion are misleading . Remember you get what you pay for . I trust Tesco quality control . I just wish they would get their advertising up to M & S standard , bright and cheerful !
However, topping the pile was Tesco as investors flocked to buy the grocer's shares, many inspired by the reiteration of an 'outperform' rating from Bernstein and 220p price target.
Bernstein analyst Bruno Monteyne said he sees positive signals after sifting through the supermarket group's annual report.
He said the annual report enabled a look at what has been achieved over the last 12 months and commented that management has far exceeded any expectations from a year ago.
Looking at management's incentives, they are pinned to ambitious targets, which provided Monteyne encouragement, saying that either Tesco is either far more confident on UK margin than the market consensus or Tesco has some other cash up its sleeves.
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