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Not sure on a full scale takeover but rumours are AO maybe taking up space in stores for electrical goods sales. Would be a good partnership and good use of space in larger stores.
Some folks live in dreamland! Tesco has been thru 2 major recessions in 15 years and the share price has plunged a staggering -65% in that timeframe. There is nothing "defensive" about Tesco whatsoever.
GazzleB > Thanks for the heads up 10-20% it's a great start it only leaves 90-80 % to attract in case of a hostile battle. if you get my idea although why amazon has not moved yet is mind-boggling all these outlets for their deliveries come on its ats a win-win scenario with their every last-mile delivery cost! think out loud how much they could save on fuel and delivery costs it's just insane to think it's not going to happen in some shape or another form it's inevitable in my opinion
skier1 - I agree have aired this since the summer especially now that the pound is getting kicked down the aisle any perpetrator incl Silchester/Amazon would have an extra discount basket to shop with getting discounted value of the pound as a currency hedge stake in the company.
A takeover is probably the best option for Tesco. It just doesn't seem to have the skills to beat the bigger or more efficient rivals from Germany and America. Sell up to maybe Aldi or Suning, perhaps Amazon.
Could Tesco be the next big UK supermarket to get bought out ?
That's confidence. It is a bargain at current price though :)
Apologies, £750m. I've been up since 4am and it's catching up with me now.
Surprised no-one else has picked up on that.. someone has notified they've bought 5% of TSCO. £3bn at market rate. Silchester not a firm I am familiar with.
Lol.
Jack's flopped because it was rubbish. Rubbish name, rubbish lines, rubbish retail presence (too few stores, in the wrong places).
this used to be a sensible forum about tesco shares.
now its just a lood of blah blah blurb.
what a load of *******s.
BYE BYE
SVEND using that space would require significant upgrades to the structure of the building to support the weight and defo not cost effective.
Oh dear you say use the grey stuff. So you invite Amazon to use Tesco as a hub. Think it through and you will realise that Tesco competes with Amazon for business. Lets hope our bod are not stupid enough to come up with such a solution. JJ
Skier/Vulture1/55555 > Come on let us use the grey matter between our ears here all that 'free' space in the 'mega stores' in terms of ceiling height is nothing more than golden space for basically additional space for further expansion opportunities into saying the 2nd floor for other areas for sales outside peak shopping hours when the car park is otherwise less occupied even though it is already large to cater for the 'normal' peak day to day shopping traffic. Tesco could become a hub for say Amazon deliveries instead of the last 1-mile home delivery depots amazon are building if they together used the spare space in the existing Tesco stores not only would you be able o pick up your daily groceries but anything on order would be waiting to be collected while in the store anyway, it's a win-win for both companies and convenience for the customer no longer has to rely on/bother his/her next door neighbour for deliveries and not to mention the saved fuel delivery cost on the environment! or you could also add it to your home delivery service which has expanded aggressively due to the pandemic anyone reading this you heard it here first-time DYOR IMOO
Skier clearly you have no idea about retail. The only thing that actually made any sense is lowering the roof. Now obviously you cant lower the physical roof but you can put in a false roof that over time would vastly reduce the energy cost of heating the huge stores.
Other than that you will not beat aldi and lidl at that game Tesco tried with the "Jacks" nonsense, Your average Tesco employee is also less able than your average Aldi or Lidl employee. Big fat diabetes type 2 berth who walks with a stick is not going to get a job at the discounters.
However on company news sales seem to be recovering a bit just now. Could be a good buy at this price I know I put alot into the company SAYE scheme this time around.
Skier
Car parks -20% I could agree with in certain settings, shrinking parking spaces when everyone seems to be moving towards huge US-style cars (well for now while folk can afford them but I digress)? Absolute no-no. They have already made huge cuts to staff headcount via attrition and also a small amount of redundancies.
Skier totally disagree. Your taking about ruining the shopping experience. The reason I don’t go to lido is the constant queues the bad parking, cramped isles. It’s just a terrible all round environment. You don’t want the shoppers who are so poor they can’t buy much anyway. You need to appeal to the majority who have majority of the money.
Tesco need to start shrinking their car parks, store sizes, staff, and product ranges. The company is bloated. It needs to get more efficient than Aldi and Lidl. Beat them at their own game. That means way more revenue per square-metre. And a way smaller cost base.
Shrink car parks by -20%, shrink parking-space width by -5%, sell the excess land to housebuilders. Make hypermarkets -30% narrower, lower their roofs by -50% (to save energy). Rightsize staff by -20%, pay the remainder a guaranteed +10% bonus if they hit targets. Trim the fat of unprofitable food, drink or goods lines by -5%. Make the online delivery-van fleet cut fuel consumption by -10%. That's just for starters.
It ain't rocket science. Tesco needs to get down the gym and lose the fat. Aldi and Lidl are eating their lunch.
I hold my hands up ?? I made a rookie mistake when reading the SAYE details. ROI it was. How silly do i feel now lol. All i can say is im glad im not using there tax system for SAYE.
As for AO i can see where not at there best but i think getting into Tesco would help both companies out. It would get the deals infront of people and also get returning customers for next day collection on smaller items as well as having instock items for same day purchase. I really cant see what else Tesco can do with there instore voids
Lol.
Questor said buy TSCO at 292p, just a few months ago!
https://www.telegraph.co.uk/investing/shares/questor-buy-tesco-rise-divi-looks-certain-even-chance-bid/
Not sure I'd be counting on AO to pull Tesco out of its tailspin. AO is getting crushed by better domestic and foreign competition, too, like Amazon, and its share price has collapsed an astonishing -90% in just 18 months. They make Tesco's -60% plunge look like a shrewd investment!
I see the fool Questor who rarely does anyone any good is saying this is a buy. Seeing as the return is only half the current inflation rate and Lidl and Aldi continue to take market share, I think he's lost his marbles.
there is only tax if you are over the tax free threshhold.
Im in too didnt go for last year as price was high and have one maturing for March. Hopefully now the price is well down for this years option price a rapid rise to actually get something out of the maturing one.
Bigger factor to consider now though as the oportunity cost is higher. 5.5% share dividend and or interest on the actual cash.
Well SAYE is out at £1.82., Thats a good price. However it reads to me that there will now be a 40% tax at the end of the scheme. I dont really see that as worth my while. Im currently in a 3 year at £500 a month at £2.48 but no 40% at at the end. Was going to cancel it and restart a 5 year at the currently price. Just a quick bit of head math, £32,500 in and if shares was at a generous £3.64 drawing £65k, £13k to the tax man and £19,500 in mi pocket or £3900 a year. Not sure its worth it
AO is a good shout, my local one has just leased off floor space to a fast food chain called Slim Chicken....bit of a KFC copy I think not tried it yet. With the right partners installed they can create a go to destination quite easily I would say.