Sorry, I forgot you can see into the future. Here is MY prediction if things get better for Tesco SP - we won't see you for dust. Back to making spurious claims about millions of shares you 'own' on other BB.
Opium, you ask so what. Sell first thing on Monday morning to get your 20p profit. It may not go much better than that for quite some time. Unless ,of course, you are willing to wait for those 300 years you mention. GL!
As Pop is fond of saying, if the past is an accurate prediction of the future, Wall Street would be run by librarians. Even a broken clock is right twice a day, so Doom merchants can always get lucky. St. Augustine prayed to be made good - but not yet, exactly the US & UK positions on the lowest interest rates in 300 years. Nowhere else to go but the Stock market, to get an inflation beating return.
'It is understood a final decision has yet to be taken on disposals and company sources suggested that Tesco’s statement will represent an update on Mr Lewis’s thinking, rather than a blueprint for the company’s future. Clive Black, analyst at Shore Capital, said the prospect of a rights issue, which had previously been ruled out by Tesco, was “now closer to 50-50” after a profit warning in December, the company’s fourth of the year.'
If it's only 'an update on Dave's thinking', poor SP and rampers! If rights issues is hinted - expect Sp at all time lows.
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.