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Moonman1977 it pays to be wise, the more the better.
I do not work for Tesco,my wife does and has for 20years.They are a fair employer in my opinion,there are worse out ther,trust me.Yes,double time etc has gone but most companies do not pay this anymore.Dave Lewis took some tough decisions but he has turned the company around and moving forward is a solid investment if not spectacular.
Moonman1977 you restore my faith
Results are good but costs of sales is up and not offset by business rates relief.
Tesco already has a capital expenditure and the investment into bigger online capacity wouldn't have come cheap.
However in the longer team if the extra customers stay loyal this will be a positive turning point. The other strength is Booker and the supply of independent convenience stores like Londis - these stores are booming.
A second wave would prolong the peak in sales and the idiitic British public seem intent on this
With the prevailing turbulence Tesco is a great defensive stock to hold.
SP seems to picking up now
Tesco PLC
TSCO
228.70 GBX
+2.30 (1.02%)
approaching 230 fast.........
Start the day on 222p, with an immediate 4p+ to make up just to get level on yesterday...... this share is up and down up and down..... 222 to 234 and back...... results??? good??? where's the results in the SP???? barely touching 227p
Fab results and why is sp down?
Same ol rhetoric, for what the results are in given circumstances? Just Excellent, absolutely fab that how I read it!
TRB
If the manager is that lazy then you know where to report it. If he is that bad then it will be reflected in the figures. As for the boss's golden goodbye, that has been as transparent as it can be from day one. Has he done a bad job too?
Looking at other shares the reporting stopped after 320 ish so I believe this to be a platform issue than no one trading in Tesco shares.
Yes won’t won’t to see good results as they will have to get rid of it all to the boss as an added bonus .! Hopefully see a big revolt in his re numeration package , well to be honest I need a good result would like to see 240 ideally but think I’m dreaming we shall see need to sell 20k 25 k if it’s a good result tomorrow 15= for house improvements 5 -10; to play with .
I see our boss is back to pre covid work ethos usually to be found in the middle of the aisle on his phone , by the checkouts on his phone or by the newspapers yup on his phone but now to be found slumped over the rail in Costa ( which is closed) of course you guessed it on his phone . It’s embarrassing if I’m honest he has to be the laziest store manger we’ve had in Southampton.
However in the panic buy era I admit for the first time ever he actually was seen putting stock out !
Even more embarrassing as my store manager I’ve looked him in the eye and he has no idea who I am even though he’s been in charge for two years!
Looks like on the Chart for today, trading stopped at about 15:30 till C.O.B.
Fingers crossed this races to a huge early start.
Glad i am already in, as generally i would have looked to buy in near close of play, so would have missed it......
thoughts on tomorrow? speculation?
GLA
Sorry hit wrong button strong buy meant lol
Can't wait for results tomorrow I am really intrigued how Dave Lewis will deliver rns as I say Tesco cannot be seen to heavily profit from the pandemic there will definitely be some twist e.g. give some profit back if available any opinions please post I have over 20000 shares here so want to know every angle.
Doesn't hold any gains well either.
i had hoped that from the 5p rise we had on the VAT news, we might at least stay there till news on Friday.
my hunch was to sell at the close on Monday, but i wanted to stick with it, as i had hoped for a trickle upwards as the week went on. BUT no, for a second time, Tesco drops, back towards the 226p area......
so now, i know i should have sold Monday "on good news" and then waited to buy back in at a lower price for more shares.
so in all, it's all hope and hindsight, either of which i have none lol
GLA
late yesterday - maybe we will open higher today?
Tesco price doesn't move quickly ,it's a very consistent share to hold at this time. It's a safe bet that you can rely on.
Redbarron do you really think anyone cares lol you should post that rubbish on Facebook.
roll on Friday.....
Supermarket rises today coming from speculation govt. Is going to cut vat great to see a rise and hopefully it continues slow and steady no fireworks well maybe indoor fireworks but hey that's tesco safe and steady and still paying divis.
Its a stable stock..bit of a consumer staple. It aint gonna go to 300 anytime soon...but neither is it likely to go below 200 anytime soon. Its not airline or consumer discretionary with 50% swings either way. If you want lower risk/lower volatility...tesco fits the bill.
I have 10% of my equity portfolio in here. More upside than downside.
You can take the casino ride on other stocks...but be careful
If there are hunches and news/leaks that Tesco results are going to be great for Friday, i hope the rise continues through the week as people start to take their positions hoping for a good rise Friday on delivery of the news.
Not boring indeed - just very very heavy - it doesnt go up easily -that said its just hit 231 for the first time since its recent foray into the 220's - could be an exciting week if there is a flurry of interest driven by the friday update.
GLA
NtD
"In my opinion there is an absolute bloodbath coming around October and markets will crash."
Can't disagree with that.