Probably spend less than £40 a week in Tesco, £100 including fuel, my clubcard points come off my Tesco Credit card - use it for everything I spend just about, normally get about £90 worth of points vouchers. 309 never activated, nor the 315 I put on the day before the Christmas trading results, but I picked a parcel just over 317 which I sold soon after for a clear 8p per share, £504 in the bank and peace of mind. We all know this share is worth more than the current price. I believe the management have forgotten one of the basic 'rights' right place, right product, right price, without the right price the customers will continue voting with their feet.
Hello Bonz - She's not my granny but is the grande dame of the wider family. LOL was chatting to one of my cousins on the phone last night who is about to become a grand mother. I suppose the time for us becoming grandparents is drawing ever nearer, Bonz.. I was in tht looking for a heart shaped box for the son's girlfriend last week and even my daughter had a boy's mum at the door asking her to pop round to watch Toy Story again. Only seems like yesterday that I was buying those pumpkin shaped lollies for Hallow'een.
Good luck with the ipo and the penny share experiment. I'm sure a distinguished, self-made man of your means can afford to throw caution to the wind after a life time of shrewd accumulation in rights issues and whatever. But yes, all this in and out malarkey has proved once again with a couple of my miners recently to be the worse course of action and I didn't follow the bored leaders this time thank God. Truly have come round to your ways and really like the idea of sipping my home made lemonade on the hammock and looking at how my investments are growing , moving down a little or moving sideways in the summer. Do though set a stop loss on your penny share venture. atb as always.
You taking my name in vain again Choppy!! Sounds like your Granny is a woman I can relate to, though you may be surprised to hear that I now have an online account which has been used for an IPO and a venture into the Penny Share market for a laugh, but I do miss not having the Certs!! The value of all of my bits of paper reached a major monetary milestone for the first time yesterday, what with BP flirting with 500p again, and the rise and rise of BT - luvvly jubbly. Hope all is well with you, and that all of your portfolio is a sea of Blue. Though been in this game long enough to know that every good day is a just a day closer to the next collapse!!! ATB.
Queeny - Sounds like Granny and I are on similar wavelengths and I too like Quarterly Divis. I bet she makes a mean cake too.
wentlock00 - I never said shopping in Tesco was cheap and all those higher margin items are what makes it what it is. Yep you can buy cheaper but some don't bother or know know difference. In fact its becoming an art to find bargains in supermarket and they adapt to our habits. When time were better and we were cash rich time poor is was so easy to pop in and buy everything in one go. Even online shopping has issues as its more expensive to shop on Sundays and Monday am. I assume thats when we do the majority of our online stuff. You will note that deliveries cost more at peak times. They used to be called convenience stores.
Nice to see the share price climbing once again as I need a bit of froth to collapse when I put the short on on the 15th of April, just prior to the results. The car parks are still easy to park in as against ASDA etc even Sainsburys, not surprising really when some of their special offers have goods for sale at higher than their competitors normal prices. They have to realise today's shoppers are so much more aware of what they are paying, I find this blasia approach insulting and I know I'm not the only one. Still can't knock the shares and as long as you do not get caught holding them usually a money maker.
Gerry, there may be an opportunity to buy and sell these again before results, but at the moment I do not want to take the risk and I am happy to wait.
I dont shop very often - I leave it all to my wife, so in one way it is good to hear another perspective. I visited our massive local Tesco store - the first time in months - to find it quite empty. They wanted £2.50 for a birthday card that thought was a bit steep. I needed a new printer cartridge and a 10ml Tesco remake was £10, whilst a 30ml refill was available for 7.50 inc postage.on Ebay. I bought some TP-LINK homeplugs of Amazon and I noticed they were 35% more in Tesco. Tesco is indeed an expensive place to shop and people are getting savvy and wise in the current climate. Perhaps we need to look at Tesco shares as a REIT / Multi conglomerate in terms of net asset value but some of its aspects in revenue terms of cgrowth / cost / conpetition are very weak?
A big thanks to tesco as they have agreed to send the vouchers out to granny in the post as they used to do. I think she is getting emails from one section of tesco but her emails from another section are maybe being blocked inadvertently. I look into it if I get time. Thanks to my home made Scotch broth etc. she is looking remarkably perky today but I did notice she had let a lot of her money off and bonus points vouchers lapse. She had some excess points refunded back to her account after the redemption so I could be in this pickle again quite soon. lol I need some crushed grapes. I don't care if it is early afternoon.
On shares, granny is as canny a holder as you'll find gerry. All in certificated form so no need for computers. All held or inherited since even before bonz1957 bought his tesco, thorntons, bp etc. She likes the quarterly divi paying ones and most of her loot is in Shell and bp I think.
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