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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.
Re 230 be 283 very soon what a rise
We are looking imo 260 plus pre div
I think they still have to confirm the sale, which could coincide with announcement of dividend, both would be good for the share price .. the deal is not sealed yet though, but I would guess Thailand wants the supermarket chain back in Thai hands so you would think it would proceed..
What do we all thing will the shares take a hike or hit on the ex date for the 51p then. Do we think that Tesco is able to go north of 250p a share
This could also just be positivity due to the vaccines and the market beginning to price in a back to normality. Chart suggests going back to around 240p. If so then the special dividend is only marginally priced in IMO.
I can only imagine the massive uplift when they announce the special Dividend payment date
Is this a sign of the 51p div, Tesco always give breaking news on a Thursday from what I recall when I was a Store manager. 15 millions shares bought post 225 got to be a sign of some news coming.
If the security guard doesn't seem too bothered, or is busy, then as a customer you're able to go to the customer service desk and ask to speak to the Duty Manager - and pass your observations onto them, so that they can take things further. This should also be done in an inconspicuous manner on their part, so as not to draw attention to yourself.
The method of shoplifting is a pretty common and well-known one as well, simply called 'boxing'. So it's kind of odd that no regular staff or security noticed this whilst the customers were going around store. As you said in your post, there was clearly a level of obliviousness going on during this time. Wonder what your store's shrink is like.
Breaking through 230p, I'm itching to sell but feeling it's got further to go..
There is a monitoring system that randomly checks customers who scan & pay. I’ve experienced it a few times. The staff come over and scan a few of your items at the self checkout to see if they have been scanned by the shopper. It’s a bit hit & miss and I’m sure easily manipulated.
When I was younger I used to feel sorry for the elderly shoplifter, but soon realised that they are just shoplifters who have grown old!
It’ll never stop- has to be factored into sales.
You should have gone over and told the security guard your suspicions, never mind where his attention was diverted. He could have called them back, checked receipts etc to see if you are correct and possibly had an easy 'collar'. Thieves need stopping and there is no point just watching them get away with it (allegedly) then moan on a shares board.
The security guy on duty was standing outside in the exit area looking away from the store . He was watching either the passing traffic or at the lad collecting trolleys. God knows what caught his attention. But he clearly was oblivious to anyone or anything going on back in the store.
@ Chris: Why didn't you tell the security guard????
You should've clocked their car reg. They'll have CCTV all over - you can report the time and place to security and what the thieves look like and they can check their systems to see who paid what when, etc. They will catch them next time. In my experience, thieves, if they think they've got away with it, will always use the same shop and MO next time. Years back when scanners were quite new I used to know someone who cut the barcode of a cheap £4 bottle of wine then next shop stuck it over the barcode of a £20 bottle of wine. He printed quite a few of these "cheap" barcodes on his home printer. Cashiers don't have time to notice what wine you bought. He got through a lot of expensive wine in several different shops for months before they finally caught him - good scam but they all get found out in the end.
I was shopping at Tsco at the weekend and two ladies in front of me had their huge trolleys stiffed to the gills. the bags were solidly packed and I just thought , that looks strange : why have they neatly folded all their groceries in the massive bags but yet have various selection boxes scattered over them untidily.
I thought I would be helpful and said ! ladies hi, I see you have the self shopping appliance - you should use the other queue. one of them stuttered oh, we want to pay cash. those machines are card only.
my gut thought that something was not right . As it happened they went to the bay and I was in the bay directly across from them. I noticed that they just scanned the chocolate boxes and paid and pushed the trolley off . On the way out the only security guard was out in the entrance foyer, looking at the traffic and empty trolleys.....
But afterwards I thought ' how easy it was for someone to make a full shop, pay for a couple of items and then walk off without any checks. if they can do it once and get away with it, whats to stop this theft being done wholesale over and over ?
Ive no idea what the shrinkage rate is for Tsco but no doubt we are all paying for this carry on in the prices we're charged. the German discounters would never allow that to happen so I guess that is how they can charge less -if everyone was paying for their shopping , then we would not have to subsidise this theiving
And as a shareholder how does one make a move to report this or stop this happening in its tracks without getting attacked. the security people are not going to bother and the one person in charge of 12 machines doesnt have the time especially when (s)he is rushing at rush times.
Someone likes them enough to buy £15m worth of shares..
Great to see people scrambling to order through tesco and great to see share price making steady gains all good solid business with or without covid.
The Solar farm plan will have a tiny effect on company value but a big impact on public approval. I can imagine this will feature in their advertising. Will they go another step and reduce their plastic footprint ..
IMO the Asia sale has only marginally been priced in. Only when the sale is confirmed alongside a dividend announcement with dates will there be any sort of herd piling into to invest here. Also IMO Tescos will do take efforts to keep the normal dividend in it's current range to reduce the shock to the company value which will recover over time ( of say two years).
263p is not unreasonable, but it will take time to be within it's normal trading range, but the SP could well spike up to that level initially.
https://www.lse.co.uk/news/TSCO/britains-tesco-fast-tracks-emissions-target-with-solar-push-l9ht1z8b7kj39j9.html
https://www.ii.co.uk/analysis-commentary/ii-view-tesco-shares-are-generating-interest-ii513781
Tesco Dividend Yield - 4.34%
https://www.dividenddata.co.uk/dividend-yield.py?epic=TSCO
Mags.
Not sure about share price going down because of the proposed consolidation and we are still waiting for the second approval to arrive.
I suppose most investors would have moved money to other shares which showed greater "instant" potential as a result of the "Good News" and hence bye passed TSCO. Once things settle, it will be obvious what good value TSCO is and we will see a gradual rise up to , I estimate 263P (I want)
Uncle _Doug.. yes it's plodding away but in a week when Tsco got the green light for selling Thai business, a virus vaccine, new president and grocery sales up over 9% I'd have expected a higher rise, lots of other shares made over 30% in two days, banks, airlines, all of which are still not out of the woods.. but I agree we'll hopefully see tesco rise from now on and there's always the possibility of a nice special dividend..
Agree.i was behind 2 ladies on Saturday who didnt understand what clubcard prices where until explained.They left the store as new clubcard holders.It is a very smart move in my opinion