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Tesco Share Chat (TSCO)



Share Price: 185.45Bid: 185.40Ask: 185.45Change: -1.75 (-0.93%)Faller - Tesco
Spread: 0.05Spread as %: 0.03%Open: 187.40High: 187.45Low: 184.95Yesterday’s Close: 187.20


Share Discussion for Tesco (TSCO)


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Quidforcash
Posts: 87
Off Topic
Opinion:Weak Buy
Price:171.50
SFO investigation
30 Oct '14
Is a classic case of addressing something after the Horse has bolted.

Utter waste of time and resources, what do they hope to achieve, the
vilification of 20,30, 40 people who under self imposed duress fiddled
the books and not even for there own financial betterment.

If the SFO has to investigate something why not look into how all those
bankers that are responsible for the recession are still at large on the
golf courses up and down the country. (Build new prisons get Bankers
inside.)

The result of that financial fiasco still lives with us today, 25% of the
Pounds purchasing power was wiped away in 2007/08 and since we
are a major importer of food that resulted in HUGE food price hikes.
Tescos merely and blithely passed these on to its struggling punters.
Since then there has been very little wage inflation , so what you
have is people desperately trying to cope with huge food costs
on stagnant wages.
With the benefit of 20 20 hindsight what should have happened was
that Senior Tesco management should have appraised the situation
and concluded that what worked before in the times of fat were not
appropriate in times of famine and cut costs hard.
They still should!
Deadly Dave needs to ask himself why are all those cars in Aldi ?
for I look at some of the smart cars in there and think bloody hell
they used to be our customers.?
Yours
Long term grumpy Tesco shareholder.
 
Opium
Posts: 3,207
Question
Opinion:No Opinion
Price:171.45
rocknroll: Lidl Horsemeat scandal
30 Oct '14
You Short guys say Aldi/Lidl are the bizz, it didn't hurt Lidl did it?
Rocka999
Posts: 3,307
Off Topic
Opinion:No Opinion
Price:171.45
View Thread (4)
RE: In the News
30 Oct '14
"soon be forgotten and SP will bounce back"

Sounds like the comments after the horsemeat scandal when the SP was over £3 and then came the next train crash, poor Xmas sales will see a further derailment IMO

I also have to laugh at some of the other comments "Like reporting a Robbery where nothing was taken" ?

I take it no shareholders have been harmed during this slight blip in the SP then, I'd be slightly aggrieved if I'd wasted my hard earned money investing here
Opium
Posts: 3,207
Observation
Opinion:No Opinion
Price:171.25
View Thread (4)
RE: In the News
30 Oct '14
LENGTHY PROCESS
The SFO probe will replace one already being carried out by the Financial Conduct Authority (FCA) which will now be closed.

The agency will take months sifting through vast quantities of digital data and other evidence, while seeking to identify and trace witnesses.
Some investigations might qualify for a so-called Deferred Prosecution Agreement (DPA). This is effectively a suspended corporate sentence and a new string to the SFO's bow that has yet to be tested.

But DPAs, the SFO has said, will only happen where it can persuade a judge that it is in the interests of justice and where a company cooperates fully and can show that it has put any misdemeanour behind it and removed offending personnel.
www.youtube.com/watch?v=pQ7xyrJNlMU
MaoWombat
Posts: 2,079
Observation
Opinion:Hold
Price:171.50
View Thread (4)
In the News
30 Oct '14
Tesco in the news again, what a waste of Public money getting the SFO in. This will soon be forgotten and SP will bounce back.
Opium
Posts: 3,207
Off Topic
Opinion:No Opinion
Price:173.35
View Thread (4)
RE: SFO- opportunistic?
30 Oct '14
Like reporting a Robbery where nothing was taken. If memory, serves the SFO spend most of their time paying Tax-payer Millions out to people, subsequently found innocent. Dont forget practices are industry wide, so fast becoming a Non Story, IMO.
AllAtSea
Posts: 104
Off Topic
Opinion:Buy
Price:173.35
View Thread (4)
RE: SFO- opportunistic?
30 Oct '14
Reading about the practices Tesco are alleged to indulged in, it's not quite as simple as it sounds. I wonder who can afford the better legal representation? To say nothing of expert witnesses.

There is also the political fallout that has by no means reached ground level.

The BBC seems to have dropped the story from main headlines and shunted it into a quiet corner.
leonasdad
Posts: 1,331
Observation
Opinion:No Opinion
Price:173.35
Dig deep.
30 Oct '14
Grasshopper says,

CEO the one man band> Spend majority of time digging and you will find a goose luvin peanut brain wannabe.

= jellyfish in a carp pond.
3300
Posts: 28
Off Topic
Opinion:No Opinion
Price:173.35
SFO
29 Oct '14
So do the ex shareholders get a rebate for losses due to misinformation? No idea how this works!
rbrand
Posts: 1,098
Off Topic
Opinion:No Opinion
Price:173.35
re Sfo -nobody gained
29 Oct '14
SURE - so just a prank what ?
I just hope they nail Clarke before he flees the country with his £20million + "Loot" from t` robbery.
But prob be like the Murdoch fiasco -the bloke at top knew nowt and his management underlings pretty much got let off but hey watch out you shelf stackers.



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