The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Struck me as encouraging, but the share is down, and TSCO up. Any thoughts? JJ
Thanks for the info Millcottage, however I meant more around TSCO staff as a bloc of shareholders combined. I gather that it would be near impossible to get an accurate figure as they are held in individual, private accounts.
Largest shareholders ;
Major shareholders % holding
BlackRock, Inc. 6.64
Fidelity International (FIL Limited) 3.04
Norges Bank 2.99
Schroders plc 4.99
Based on shareholder notifications received by Tesco PLC, as at 28 July 2021.
As an aside I'd be interested to know what proportion of the company is owned by staff outside of the PDMR list, there's a lot of us and I know of people with quite substantial holdings, from a PI perspective at least.
Agreed leas, not a 'chase the rainbow' growth share that will randomly multibag in the space of days, which seems to be the MO of a lot of private investors, but it is a steady earner that is also steadily appreciating in value at the moment.
I've had a piece of this year's SAYE at the 242p option price for this reason.
jimjam
Will be astounded if not. sp going test 300p imo. This is not on the radar of most private investors. Shares are in very sticky hands.
Lets hope so.
An article in The Mail on Sunday said that Tesco are poised to capitalise on their dominant position going forward and
Analysts at Bernstein said Tesco was 'firing on all cylinders' compared with Sainsbury's, Asda and Morrisons. They added: 'Tesco is gaining share and dominating across almost all metrics.'
https://www.google.com/amp/s/www.cityam.com/tesco-joins-forces-with-gorillas-delivery-app/amp/
@leas Yes I think with a "proper" christmas this year, gatherings will certainly be up on numbers and what is purchased for them.
A bit of consolidation can only be good going forward. My main Tesco store was busy this afternoon which is in complete contrast to Asda. I can see many families pushing out the boat this year over the Christmas Holidays. Make up for last year. Market share should be pretty good and expect it getting better.
Good luck to LTHs here and especially employees.
allowing that it is XD at the moment.
When the div. is actually paid it should be even higher hopefully. JJ
Yes so it seems a couple of ladies resigned recently early 60s as they had had enough of the c..rap on pdi ( putting out labels ) as they was on tills or dot com half their shift and then being moaned at that they wasn’t doing there job ! Hello!….?
So yes they had the service 20 plus years .. was not told by resigning they would lose the discount for life benefit.
I’d say that was pretty despicablefrom the management jmho ..
I’ll be retiring then on that note
! 50 too early or no doubt it would have to be 55 by which time I’d be in a box probably ha ha ha ……..
Thank for the feed back x
You would need a combination of age and years service equalling at least 80, and you would need to be leaving as retired. Staff discount for life is a retirement benefit, so if you left for any reason other than retirement you would not receive it.
https://www.bbc.com/news/business-59027423
Tesco grocery app still down for me...
Which system
Which system
Online system attempted hack. Thousands of online orders cancelled today and same number unable to checkout yesterday - could be a tough day tomorrow
Today was ….
Description of shares:
Tesco PLC - ordinary shares of 6 1/3 pence
Date of transaction
22 October 2021
Number of Shares purchased:
2,275,000
Average price paid per Share (pence):
270.83p
Highest price paid per Share (pence):
271.95p
Lowest price paid per Share (pence):
269.55p
Broker:
Citigroup Global Markets Limited
Trb, depends on your age. If your age + years of service = greater than 80, it's yours for keeps. Provided you don't leave due to dismissal or resign under investigation. Or that's my understanding at least
Citigroup certainly like purchasing a round number of shares.
The buying pattern this week so far has been ;
18th October - 1.6 million shares
19th October - 1.6 million shares
20th October - 1.8 million shares
21st October - 2.2 million shares
Checkouts.. well they took out 4 and put in another of those dastardly scan self serve checkouts.
The mad thing is they’ve never used them since they installed them last year! ( a problem somewhere along the line so it’s just the 8 for now not 16 self scans )
Tell me my manager friends if I resign after 30 years service do I keep my discount card for life ! ?
How else would I lose it?
Although they are only permitted to buy 20% of total volume per day. Volume at the moment is £3 million. Thus only £600,000 by TSCO
Yes its TSCO buying its own shares. JJ