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Tesco selling and pulling out of Poland, seems the polish business was loss making and selling for £181ml.
No special div on this sale!
Will be frowned upon if tesco announce fantastic profits and iam sure results will be played down so don't expect fireworks but do expect tesco to do the right thing..
lots of shares having a huge blue day.... Tesco cannot barely manage a 3p rise!!!!!
sell on good news is what i've gone by, so am in till 26th, maybe 3rd july latest.
Regarding the sp on results day. We have roughly 8 working days till it arrives. I realise the market isnt efficient etc and TSCO is sometimes v v v v v defensive in its sp movements - but if the results are as strong as lots of the chatter, the market doesnt agree - i would hope to see the sp creeping up from now - or, the market doesnt think there is anything special not already in the price.
240p would restore faith, 250p magic but tbh 236p and i am probably out of here - just a little too steady for me and despite turnaround over statement, i dont see a long term protection from the so called discount trend.
GLA
NtD
Having mentioned wine at Tesco, i noticed at the weekend, they are using wine in an M&S style dine for £10 range, starter, main, side and drink (3 choices of wines, coke bottles or peroni bottles) so to me as a customer was a no brainer to get a £7 bottle of wine with a starter, main and cheese cake for an extra £3.... result. Good value like that could help the store so wine offer not on. BUT i do get what you are saying that the 25% off when you buy 6 bottles is great for the customer.
Good Luck All,
fingers crossed we shoot past 235p (Ex-DIVI Day price) and onwards to 250-260p
I shop once a week at Sainsbury (Tesco car park is poor) and for the last couple of weeks i have taken the last 3 bottles of Hoegaarden and i have not seen any bottles of Leffe for weeks, so yes i am convinced there are supply issues. If its a choice between a bottle of Leffe and a Pineapple from Peru i know which i would prefer.
Role on the update.
Hi
I really hope you are right. However I have noticed on shopping that both my local sainsbury and tesco small stores have absolutely no discounting on wines. Apart from the fact i have to engage brain to choose now, to me this could be worth noticing - in the 9 years i have lived here this has never happenned.
I am wondering if the revenues are pumped up as all the non-retail food of pre-covid is now in supermarket sales, but that the resultant costs ran out of kilter - hence no discounts to the wine to uplift margin to a more acceptable position with no regard in short term for customer retention. Wine often a local store loss leader. Maybe this is only in my stores or a result of wine supply chain issues but for me it puts a warning flag on the profit margin. Hope i am wrong as i would like to see a little rise (who wouldnt).
GLA
NtD
Yes roll on the 26/6, they should be cracking?
Results should send this to 260
Will wait then thank you for your reply.
You are not taking into account what the circular said. Indeed, we won't have much of a clue until after the regulators have had their say, the new circular is disseminated and the second general meeting gives final approval or otherwise.
Hi Rosewall so with 5billion being returned to shareholders and 2.5 billion being used to clear pension deficit that leaves .5 billion which means shareholders should be 6% better off as the deal is worth 8 billion is that correct?
Jstar
In general,you are correct. In this instance, there are a number of additional variables which, if you had read the circular, you would know and commented on.
The special divi is already built into the price - can never understand the logic of waiting for a divi before trading.
Its not a free distribution but a selling of a profitable business unit which will reduce EPS etc etc. Share price will drop by the cash distribution amount on the ex divi date not just for technical's but also because it is now a smaller business.
Whether you think the sell is good value for money (or not) is the only thing that matters, but obviously the influence on price of that view will not cause wide scale swings, unless its obviously a steal of a deal or terrible. Given the price movement or lack of when announced seems the market consensus view is that it is a sale at fair value give or take.
up or down is anyone's guess tbh.....
always some winners and then some who wanted to win but are suddenly in for either a loss, or a long wait....
like those who bought near 130-132 and now pray for it to rtn there as they had hoped for 140......
it's all a gamble.....
GLA
I was looking at barclays but who would have thought it would rise today, considering the bad news about the economy I'm surprised..
tbh, if i was more knowledgeable, and on the ball - having to work full time is not great for keeping an eye on prices throughout the day - i could have dumped Tesco at a £2K loss, bought Barclays twice today and made £4k plus, then rebought Tesco and had approx 2000 more shares than i did yesterday.....!!!!
Tesco still flagging and dragging since Divi Date an 20th....
GLA
And back to normal, most other shares rising and tesco falling.. I've noticed tesco is a slow starter and often makes gains towards the end of the day..
I have noticed that.. I hope when the other shares bounce back they will bring Tesco up with them.. but as someone else said here they are pretty stable..
i would say, if your Tesco shares are with a firm via Tesco, as purchasing monthly etc, be careful of when you want to sell.
i have had shares in my BBY shareportal and when i wanted to sell them (tax free as over 5 years held) they took an absolute age. Price dropped from 248p to 223p when i got the sale order document in the post. i emailed them... we will respond in two days reply... then got told, please provide the following details in pdf format to the address or email provided. blah blah..... then nothing. checked account, shares gone from total, no email, no letter, i email them... we will respond in two days etc, they tell me, some story about, were sold 9 days ago and cheque was sent on...... then 3 days later cheque arrives..... took about 2 weeks, and i saw price sold was 223p...... in the time they had sold them to getting cheque, had gone back up to over 250!!!!!!!! so be mindful, in case its a slow process...
good luck....
Agreed, i use Barclays, £6, £1 levy, cannot complain,
that with Trading 212 app, to be just 20-30 seconds behind real time share pricing too,
works fine in unison.
saves keep logging into Barclays every ten mins...
just log in when prices are where you want them to be to chose to buy and sell.
Has anybody noticed that when stock market goes down, Tesco SP goes up and when the market goes up, Tesco SP goes down. Will Tesco ever learn to march shoulder shoulder with the trend.
George Floyd and the associated debates are getting to me. I read the subject of this thread as "Slave trading on this web site".
HI LG,
Yes, Equiniti are, well, let's be generous, blood sucking vampire bar stewards :-).
Many people have two sets of shares. The ones bought via the companies savings schemes and trading shares. I use X-O for my ISA, they charge £5.95 a trade. I also use Degiro for my non ISA trades (the majority) ; they come in at a basic £1.75 (plus a tiny fraction) per trade. Coming along is Webull and Robin Hood which purport to have no trading fees at all but I haven't looked into those at all.
If you do not intend to be a regular trader and just sell your Tesco shares I would just bite the bullet.
Thank you