Bertie, I would wait for the new 'Deepwater horizon' film to come out before buying BP. Tesco, 1 of about 20 stocks in my PF, has been the best performing supermarket of the Big4, in terms of market share, for the last 3 months & good value, IMO. I don't obsess about SP, so long as I think management are doing a good job. Obviously paying even a tiny divi could be transformational to the SP.
Hey opers, you developing a sense of humor wow. 1 or 2 shares hehe. Got to admit to being sat on cash ATM. Long term hold of BT bought at 179p years ago i am happy with. Nice divi. Watching BP as I see their divi is also good. Oil price fluctuations having an effect and waiting for an undecided low to come. Not bothered if this does not happen.
Seriously though do you ever think tsco will achieve 400p again? if so why?
Hi Bruce - was unsure what you meant by share price not effected by pension deficit. My understanding was that companies will at some stage fund deficits - not sure when as many f t s e 100 co's are carrying large pension probs. Surely at some time in the future particularly with low interest rates and low growth. Profits will need to be diverted into pension funds probably effecting the amount available to be applied to dividends. I accept Tesco has not been in a position to declare a dividend for a little while now. Only my opinion
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