Sell assets for cash probably. Cash gets spent. Far less to invest in on balance sheet for fundamentalists. They are asset rich, yes. But market already knows that, and priced it in. It's what the market expects next, that's been tanking tesc for so long. Remember, it's investors dumping the shares, and reducing price. Not bears on futures. The simplest rule in the world: when the market is against you, exit and join em.
I agree with you. They will lower prices to take in discounters. As such, lower margins, lower div (again), lower expectation, lower staff moral (be no pay rises), lower opiums balance and mist of all, lower SP. The only thing that will get higher, is the bears party mood. But fret not. It's nearly xmas and still not at the bear wakey wakey price yet. Just remember, when the bears come a Knockin, it aint with xmas pressies
As someone once said to me, you wouldn't get married unless you had a penis in your pocket :) I never go shopping with out ALL my loyalty cards & vouchers, plus own bags, to claim Green Points from Tesco & SBRY.
...to lose. I still believe their is a very significant amount of shoppers who still simply go to the closest Supermarket rather than shop around for their major shop of the week. Tesco have work to do to stop their haemorrhaging share of the market but they are still Market leaders and can and will put things back on track and the Market has already recognised that with the SP rise from £1.67 . Good time to invest IMHO.
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