Well the Trend , as we can see , is firmly down still ----but at some point this will be seen as " good value " --probably a little more dust to settle yet , but we have have no way of telling for sure , have we ? ---so my post was all about simply having a small punt at some level (say tomorrow for arguements sake ) --buy a thousand every time it drops 10 p and by the time it hits a £1-00 then you will be the proud owner of 8 thousand shares @ average £1.32 p ( a loss of only £2,400 -00 at that point ) -- it then rises to tomorrows level and hey presto , you're in profit by £3,200 -00 .--as i say just an experiment in averaging down if that's your thing ? ---but then if you think they are going down to £1.00 then wait till then and buy your 8000 shares then ?? -----problem is , you see, nobody knows now at what point this is going to be seen as "good value " ----it may be tomorrow ?? --i don't know , nor do you or anyone else !! ---GL.
Wasn't Tesco Bank Current a/c, targeted at ClubCard owners?
Report 30/08/2013: Tesco currently has 16.5 million active Clubcard users, one of whom said: “Tesco Clubcard is great – I can treat my nieces to meals at Café Rouge at quarter price.” Another said: “Free cinema tickets at the moment, and did I mention the £10-£15 worth of vouchers I get sent every month?”
It has just struck me that I don't recall seeing a, 'disgusted with Tesco prices', comment from a ClubCard holder, Is it a 2 tier shopping experience if you get the Points? I have nothing to complain about price-wise, due to ClubCard vouchers, specially the 'Helping Hand' ones targeted to my particular preferences.
As far as Tesco is concerned , i think we all agree, don' t we ,that it is not going to disappear from the face of the earth .---how low the SP goes is a matter of conjecture and many other factors beyond the control of us mear small investors here ----altho' it would be my opinion that buying in small quantities , say perhaps a thousand at a time now or even just 500 at a time and repeating that for every 10 p or 15 p the SP drops now will , in every likelyhood give you an excellent return over the next two years or so !! ---goodness knows you can only get 3% or 4% on tying your hard -earned cash up in a 5 year ISA or term bond --this one will give you 10% in far less time than that , even with a reduced dividend -----JMVHO -----GLA.
Yes---not a Deramper , --More a " loveable rougue " perhaps ? --- he certainly made this bb come to life and was , in the main, fairly " well behaved " in his posts to everyone ( except perhaps one ) --although there was an aweful lot of them (lol)-- i suspect he'll be back in one guise or another fairly soon -- so i wish him well until that day . ----GLA.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.