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Try !!! next time as ?? suggests a lack of conviction in your buy. Good luck. JJ
The ?? At end of last post was supposed to be a thumbs up.
Bought more shares at 267p ??.
I built my Tesco share holding up at between 218p and 228p about 13 to, 15 months ago.
With a bear market hitting share price, I think now is a good time to buy again.
Just my opinion.
@Cereus - That could be an indication that Tesco is absorbing some of the supplier price increases then. This would hit already thin margins and profit line.
yeh we went shopping aswell, we got milk and eggs and some bread because we have toast on a morning.
then we got some petrol in the car because it was gettinng a bit low i dont know what it all cost,
Went shopping last night and did a food comparison with prices going back three months . Not a great deal of difference , apart from orange juice and Olive oil spread margarine. . I keep my receipts for a few months, so this is accurate for my weekly shop which does not vary very much from week to week. No doubt if the war continues there will be hikes in food prices to come. Bought Diesel at 159.9p , but a filling station down the road is charging 168.9p
Good company but pot of Marmite £2.85 only £2.49 in other outlets.A lot extra to pay for 2p back with Clubcard
Like any prediction on a share price movement circumstances can change and change any opinion you have.
So you will find that if someone gives an opinion it can change very quickly as changing circumstances change it.
As you said let’s wait for the April results. However I think the current share price move is a reflection on what people feel how trading figures after April will go. With inflation and high oil prices the margins will get even thinner for Tesco.
Like most people in the world I also have empathy for the people in Ukraine at this time.
I could discuss on why I think Putin has made the move he has and how it has turned into a huge error of judgement that’s costing people their lives.
Mill, on Thursday you were talking of a bounce and now a drop to 270p, at a time like this no one has a clue as to where a share price will be. In the case of TSCO the reasons for holding have not changed. Happy to hold for the results on 13th April.
Very concerned about the people of Ukraine right now. JJ
I see next target of 270p in this downward spiral.
Well done ti all those that sold when share price hit 300p a few weeks ago.
just had a look at the share price
down 5 p
I see inflation issues already being baked into the share price, it’s been current news for weeks. The same applies to oil costs ‘energy prices. Price if oil today has moved by 8%.
I think most of the movement is knee jerk reaction and as another poster has said the price will bounce back up again in a few days.
On a different subject I bought into Gold between $1200 and $1400 a few years back and I sold 30% when price hit $2,000 in 2020. Might consider selling another 30% when price hits high $1990’s today :-)
Plus general market conditions today. If this conflict continues for any time this will be one of the 'safe haven' stocks that will see money put into it.
Plus only a few weeks off FY results and any potential increase to dividend.
Re Millcottage….Inflation will hurt peoples finances cause oil has jumped to £105. / barrel. All goods are transported by lorries, trains and vans etc! I suggest you do some wider research into supply chain input costs. Inflation will hurt consumers and they will have less money to spend. Therefore it affects Tesco and all other retailers as well as the rest of the economy.
Russian Turd Carts were a best seller?
Why has Russia invading the Ukraine caused Tesco shares to nose dive today?
That was almost English.
Nothing can be taken as obvious in equities otherwise we would all be rich.
how come everyboti states the obvius lol
Over last 7 days it’s been falling back towards 285p.
Over next 6 months I see 315p.
Long term not sure. But long term Tesco have some issues to face via competition from Amazon , lidl, Aldi and Poundland.
Where do we see this share going in the next 6 months?
you must have inside information lol
Look to be lining up another go at 300
My wife generally does the shopping, however I got lumbered this week, the club card discounts are actually worth having, I am not someone who would normally bother but if I was shopping all the time it’s definitely a big carrot, I think this initiative will drive customer loyalty, and get all regular Tesco shoppers to sign up. Happy shareholder