To sit it out. Have been known to sell at a loss but the exception.As I have said, I do think this will recover once they get someone decent in charge,who can make a few obvious improvements.. I just hope they don`t start a REAL price war since they can`t win against Aldi , who while small here in Uk are actually are as big as Tesco I am all for feminine wiles and seduction but Opium is a man it appears;in any case when making both my buys I did think the sp was reasonable. Have you tried the Duerrs ? jam with single malt, that Aldi were selling?
Thanks for clarifying that although to be fair its been having bad press for a while now, over a year and seems to be getting worse. That last update and BoD situation is now causing more of a drag and is expected to get worse until the new chap grasps the nettle.
The SP has fallen but I dont know how much has been "priced in" and I suspect that it will fall below "fair value" before things settle. I could sell but then as others have pointed out you make that loss but if you have time on your side you can collect the divis whilst waiting.
The divi cover was x2 but I assume this is going to reduce. The update didn't make it clear. All the talk is kitchen sink and divi cuts. So if this happens it is likely that the SP will fall on the announcement and will most likely be the worst case scenario bar doing a HMV.
Some will be able to get in a the bottom others might still be above water depending on how many divis they have collected along the way.
I know one way to make it rise though. If I sell, sure as eggs are eggs it will rise from the grave and sods laws says it will go lower if I hold.
It was actually me that came up with the name Poppy - and for the reasons I have stated but it doesn't matter a jot to my ego and discussing it further will not really shed any light on the fortunes or otherwise of tesco. Spotted lurcher I think likes to rise above all this cattiness on these bbs and mainly from men into the bargain!
As I have said to you before rbrand, you are faced with the choice of sitting it out here or selling up and it was a shame that wakeup used her feminine wiles to seduce you into buying in here at a much higher price. It's a shame also though that some of the people who profess to be invested here cannot roll up their sleeves and tell us eloquently why they continue to hold. Seem s to me that there seems to be a code among traders on these bbs. Bash the pi s but stand by each other. I'm not one to allow myself to be bashed though. I can only assume that some of the anaemic contributions on this bb come from the keyboard of swingers rather than those invested with conviction. Have a good weekend.
'Also I do not hold a monetary short position in Tesco and never have done in any share.' How else can cynics like myself, regard your manic gush of repetitive posts & fixation on a price of 225p by the end of August, except a Short? Clearly you don't own any Tesco.
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