What happened here? This had huge potential to pull in more customers from the struggling High Street Banks. Results have shown a decline before it got started.. Even ignoring the excessive expense claim!
I would be be happy to bank on Tesco reaching 1.95 before Crhsitmas.
No rationale required other than, Dave Lewis, Alan Stewart & Matt Davies.
Dave Lewis has turned a ship round not only in extremely challenging external economic environment, but in a deflationary one with extreme industry competition. Yet he has achieved two consecutive growth quarters and reduce balance sheet debt substantially.
Hi - Yeah 149 to 155p is the bottom level for Tesco I believe. I am waiting for around 155ish to buy in again. Currently hold at 163 and 175p. Tesco will do well over the next 6 months, still a very profitable company.
90p says Seif. But I have bought the Bottom 3 or 4 times at 149p approx & sold those tranches between 170-over 200p, making 1000s rather than fivers - why bother to read his contradictory, slung together sentences, when Tesco has never been 90p in 11 years? Funny how you scratch a Seif & an Oaf turns up, also incapable of complete sentences? Recent City AM crossword, 3 letter word, clue 'Lummox' :) As I said my ISA PF has done well post Brexit & is down 9% with an income of about 3% in divs. I hold 23 stocks other than TSCO, including ARM,TRT,IMB,NCC,ITV ,ACA & DRX - all M&A prospects, IMA
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