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RW thanks, need something that holds it's price and maintains it's dividend in times of crisis, and we have had plenty of them lately
Gary
I have left my opinion on the LLOY bb which is likely to go down like a fart in a spacesuit (thanks Big Yin) :)
Nigella
I kind of agree with you. Staff bonus was pretty much the same as that which is issued to shareholders and I have no real problem with that. Not overly impressed with the yield but my main concern with BME, Home Bargains and The Range, it is neither one thing not the other. FWW was similar, also M&S but it is a well run company and they know their stuff.
Robleo
Both. The SD is worth investing. It is a return of your money, the sp will be adjusted one way or another. You shouldn't lose money, Tesco will be around for a while yet
I like BME . B & M european retail . ftse 100 good dividend payer . Plenty of specials if they do well . They are currently thriving . More importantly they have gained a lot more new customers from the traditional supermarkets.And are deemed likely to keep a good percentage of them .So future looks bright. They even gave all 30,000.staff a full weeks wages as a thank you bonus for Christmas .
Thanks for feedback.
Hi guys, do you think now is a good time to invest in tsco, or do you think their will soon be a big drop in the sp
cheers
a bit like some Lloyds shareholders complaining that the BOD have not spoken up about dividends when everyone should know that dividend details at the latest will be given with full year results next month.
Also, everyone will be contacted when they will be eligible to get a C19 vaccination.
No need for people to keep phoning a GP's surgery.
RW
'' simplified details of what the SD and consolidation means''
Another poster of here seemed to suggest that the option to purchase shares under a scheme just maturing won't be until after the proposed return of capital and consolidation in any case.
Everyone already knows that each shareholder will be returned about 50p per share if approved which will be payable in February. Details of the consolidation ratio will be known as early as Monday. Sending emails was not necessary as all relevant information will be conveyed to shareholders and interested employees very soon.
LTI,
It is one of those many days where i am not making myself clear. I am asking for the company to email colleagues (as we do virtually every day anyway) with simplified details of what the SD and consolidation means. Talking to colleagues many colleagues will view consolidation as the theft of shares. Colleagues are investing in their company, their future, their savings. They are not investors in the same way as the majority of people on this board are.They are knowledgable in that way.
Im in both too and will top up in both over time.
Great stuff thanks posters. I do like Tesco's intended scale up of their online / delivery service & the swallow up of Bookers seems promising.
Gary,
I'm in both, so am putting this here.
I'd go for this one: Not because of the coming SD, but because ordinary divs are guaranteed this year, it has proved more resilient during Covid and, indeed, the business seems to thrive with reliance on online etc.
I put money in the other one as a growth play because it will go back up sooner or later:
However, this is better for worry-free income which seems to be your goal.
GL
A circular containing further details of the special dividend and the share consolidation ratio will be sent to Tesco shareholders on or around 25 January 2021.
Return of capital if approved is scheduled to be paid on the 26th Feb
G59
Toss a coin.
If Tesco wins be aware of the return of capital that is likely to take place in the very near future, as has been discussed.
RW
I would have thought that all employees would know where they stand regarding any effect on SAYE schemes soon after a return of capital and consolidation has been sanctioned on the 11th Feb. Until it is, it is all hypothetical .
I don't think it would be a good idea for thousands of employees to start sending emails asking questions about details of something that is yet to happen. I would also be ignoring such emails.
Rather like some people thinking it OK to pester GP surgeries enquiring as to when they my be getting a C19 vaccination.
Relax and wait for the 11th Feb outcome.
Got 5K to put into either TSCO or LLOY in the near future, what do holders think?
I'm not going to split it & I never sell shares, the idea is to hold & use dividends when needed in retirement from 2026 on.
Same Q to LLOY board.
Thanks & GLA
LTI
I am not expecting a direct response immediately for obvious reasons. I requested that a simple guide , with examples, be sent to all colleagues. The questions were about SAYE and taxation. If they do send one out it will be after any RNS.
Sale of Polish assets is to come as well
it would be a beneficial move as otherwise the BOD wouldn't be making such an offer.
''Does he convert now and receive the Special Dividend and consolidation or does he miss the Special Dividend and go for the consolidated shares.''
If dates are anything like when mine matured Jan/Feb last year, as I recall the earliest you could make your option was late Feb and the earliest you could then buy at the option price was into early March.
RW
Leas has already made a post covering what a debt tender offer it is all about.
Simply buying back debt.
RW
'' I have written to some Directors but haven't received a response yet''
I'm not quite sure how you were expecting details on the return of capital/consolidation ratio before the market was informed via an RNS