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Ax
''that values the TESCO Brand at £14 Billion ''
you need to get some maths tutoring
Ax
I know you have a bit of a problem not understanding figures.
If the consolidation were not happening then come Monday morning the share price would have dropped to 188p to take account of the special (excluding normal market movements).
So buying now is equivalent of purchasing for 188p.
Simple enough for the simplest of minds to understand.
I've been waiting for the SP to drop under £2.40 so have just brought my small holding of 2,072 Tesco shares. If I have this right I will get the SD of £1,055.26 but will then have 1,635 shares. These are held in an AJ Bell ISA & covered under the dividend re-investment scheme for which SD's are re-invested two working days after the dividend is paid into the account. If I am correct this is going to be the 26th February so all it takes is a little monitoring of the SP around the 28th to see if re-investment is worth it. That's the plan anyway & it's kept me busy & away from the fearsome Mrs GJB whilst under lockdown !!! GLA
Ax
I know you have a bit of a problem not understanding figures.
If the consolidation were not happening then come Monday morning the share price would have dropped to 188p to take account of the special (excluding normal market movements).
So buying now is equivalent of purchasing for 188p.
Simple enough for the simplest of minds to understand.
longtimeinvestor - Forgot to add that values the TESCO Brand at £14 Billion Monday Morning based on your calculation of around £1.88, I think not lol.....
Good chance sp will go down from Monday better short that than buy now to get vdivi
longtimeinvestor - worth £1.88p at XD lol. Hysterical. Do you measure a longtime ins seconds lolol. See ya Monday Morning.
They may be if the sp tanks on Monday :)
L
'' May just call into my local filling station on the way home to pick up some flowers''
Are they for the next Mrs Leas?
I would be very frustrated if I had waited until today to sell. Bought a final tranche now with the cash I will be getting later this month, 26th from memory. Happy to just average below 230 and of course a nice dividend later in the year.
Good luck to all private investors whether you hold or sell or waiting until Monday.
Just popped a nice bottle of Merlot in the shopping trolley for the current Mrs leas to enjoy over the weekend. May just call into my local filling station on the way home to pick up some flowers. :)
https://www.tescoplc.com/investors/shareholder-centre/dividends/
basically dropped from 197p to 188p
down about 9p from yesterdays high. A bit overdone I feel.
A lot of investors jumping ship today not wanting the nearly 51p return of capital via a special payment.
Tesco available to buy currently at 188p XD
I feel buying today if your guaranteed the dividend will work out a better deal. Not long to wait to find out GLA
Apologies just seen ex divi date 15th so mon it is then .
Apologies just seen ex divi date 15th so Tues it is then .
if there is a big drop wont it be Monday morning?
So will the big share dump be Monday afternoon before 4pm or Tuesday at 8am next week .
Will be waiting for the drop when it comes to scoop up these post 20pc plus drop next week post consolidated divi payout . Seems a strange way to do things tbh but heyho
any one know if you get dividend if you buy today?
and of course plugging the pension gap
profitability
this is equivalent to about 188p with the dividend taken off.
I think this is a reasonable purchase level considering that profitable for Tesco is such that it is likely to be as high as when it had the sold assets. Also made a loss making Polish asset sale.
Today 12 Feb : Last chance saloon
Concise summary - If you dont sell today and the SP remains approx the same next week, ypu will have "gained" via no drop in the SP. If the consolidation on Monday results in a subsequent rise in SP you will have gained. If the lead up to the May final divi qualification date shows a higher SP, as is likely, on the strength of final results, you will have gained (and also the choice of whether to sell out- ot not). If one or more of these do not occur, you are likely to be no worse off.
Three possible/likely short term gains. Thats good enough for me.
I remember National Grid having a consolidation a few years back, but it was incorporated into a final dividend and so did not have the double positive effect that the separate Tesco
special divi, separate Tesco consolidation and separate final divi has. That holding never wenr into positive territory afterwards, though the divis kept coming at nearly 5%. But then NG is a utility - enough said.
at about 239p
I got a letter from HSBC saying that they were suspending trading on Tesco at 16.00 YESTERDAY.
Obviously had the wrong date on letter.