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Lurker
If there were no item limit, sales would not have been insane because they would have been out of stock. Look at the those who cleared the shelves of basics at the start of the pandemic , there were no insane sales, there were empty shelves and the vulnerable could not get basics. That is why limits on individual items and orders.
All Christmas slots have been released and most have been taken up. Also many of the Festive Food To Order have reached their limits and are marked as Not Available on the web site.
Tesco limiting items had no impact on sales it just meant we could serve more customer's we just spread the items a bit thinner to help feed the nation but no loss in sales .
It's a shame that they throttled online ordering capabilities, limiting orders to 95 items - Asda didn't do that, and I don't know about the other supermarkets? I guess it shows responsibility and ensures stock levels remain steady, but their turnover would've been insane otherwise.
The fact that there's no slots left for Christmas speaks volumes at this early stage, unless they plan to release them later on - which I doubt - so that's bound to result in strong sales for this next period.
This is starting to warm up again. Nice £17m unit trust purchase today. So much going for this company and a good start to Christmas campaign.
At least this current price is good for those that are deciding to reinvest their dividend tomorrow, so every cloud has a silver lining, eh?
The price would tend to drop slightly when the share goes ex-dividend, rather than when the dividend payment is made.
???? Dividend reinvestment leads to increasing demand.
Hmmm, there's a dividend payout this week which could drop the price further..
Further news, I mean. Or the next approval gets signed off for the sale.
Well, that's been a turbulent few days. Hopefully we're going to level off now at a slightly above average price, and then things will take off again when news drops of the special dividend and consolidation?
Where are you seeing huge buys?
Big boys moving in now hmm?
If anyone is interested in seeing how another of the Big 4 (Sainsbury’s) see the market developing it might be worth joining a ShareSoc webinar next week when James Collins, Head of Investor Relations will be giving a presentation. You will get the chance to ask him questions about their view of market developments...
https://www.sharesoc.org/events/sharesoc-webinar-with-sainsburys-plc-sbry-24-november-2020/
“ After one day TSCO ran out of steam.”
Tesco has been rallying since 30th of Oct and the rally was supported by higher than normal trading volumes.
I wonder why big sales always show up after 4.30?
Wow good spot mags loads of big buys news gona drop very soon re asia deal and special divi.
Lurker .. plenty big buys late on today suggests you're correct..
Just taking a breather before round 2 ;)
All Christmas slots full and shops are rammed full tesco is the place to go for a day out now with further restrictions more strong results due safe money here.
Lol have you been waiting for a small drop to post that ?? ??
After one day TSCO ran out of steam.
That, coupled with a relatively safe dividend payment, should surely give investors confidence.
Tesco have ramped up their online presence massively during this pandemic and have been able to stay open the whole time along with other essential shops, too.
Patience is a virtue.When the real economic reality hits,few companies will be unaffected.Tesco will in my opinion ride the storm better than others and the share price while not spectacular will still be solid
Well this goes on everyday ; although now it’s a one way in and out at are store it’s less easy , but even if they get caught they’ll be back sadly like the other week they caught a regular and if it’s below £200! The police won’t be called ( so just take a calculator next time x)
In the past I’ve tried to intervene in a push out at another store there was no security guard around he knew I was on to him so stood at the exit near customer services waiting for a manager to come over all but they was all on breaks together so gave up and watched him just push it out , but twittered the time he left the store , no use as it turns out the cameras didn’t work either ( I found this out as a friend works at this store but the mind boggles! )
If I was a member of staff working at the time , I wouldn’t attempt to stop them as you don’t know what they carry and if you get injured it’s your own fault and potentially you could lose your job sad but true.
On a positive note good to see these over 230 finally 1st time since I sold a chunk in spring
Mags
There are two sales, not one. Two regulatory approvals required, not one. Then a GM and then a share consolidation.