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Owl
A very astute comment, totally agree with it.
Dare I say it was"wise" ?
wasnt some of the money from the sale of the stores in Asia put into the Pension fund? are Tesco still short ?
Just watch the asset stripping and job losses commence with Morrison's once that takeover is completed and then tell me again that you want Tesco taken over.
Now I wonder how they will fiddle the figures so he gets his ££££££ millions
For Dave lewis they took out Ocado so he got his.
This time round
Morrison’s is up over 50%
Mark’s and spencer over 60%
Sainsbury’s is up over 40%
And er um Tesco’s is up 11% ! So he ain’t getting it competed to the other basket of supermarket shares which he has to outperform to get it !
Holding out for £3 myself which could happen if things go right . Certainly need a takeover! But with a billion deficit in the pension scheme that could scare them off.
Incidentally Morrisons had a surplus of £700 million in their pension account compared to ours
Now I don’t know if it’s just are store but this time last year 110 cages of stock came in , yesterday it was 67..
Now I haven’t got access to the store sales but they can’t be great.
So why aren’t we empty as this has been going on for weeks ( we finish with loads of time to spare ) we have less staff in the store, less dot com picks going out ( Chris-t we’re going through the drivers who are paid a poultry 50p more than me on the shop floor! At least when I did it I was about £1.70 an hour more I’m dammed if I’d do that for £5 a. Day more to get potential fines, points etc !)
So where have the sales gone? Aldi / Lidl opened up new stores recently within a mile .
As for the lorry drivers thank god they get to vote on the wage rise as we had to accept the 2.5% as were USDA’s they are unite.. Tesco proudly said we’re now getting paid 5p above the real living wage … I’ll er go and get my extra 4 pints of milk with that then ! .
Yes Tesco want the Europeans back to bring down the wages that’s for sure, I’d like to see them strike!
At least we’d get Boxing Day off every other supermarket is closed! Nut not Tesco .
Don’t believe the hype on Hgv wages, I’ve been driving for them for 10years and we are progressively being left behind and being offered continually less than inflation every year. Bosses here want to pay less and get more that’s why they want Europeans back cuz they’ll do it for less due to cost of living generally less for them so can send English capital abroad instead of keeping it within our uk economy!
I think Uncle dougass is referring to whats not in his trousers rather than missing product on the shelves.
What effect will shortages in supply and HGV driver wage increases have on the results? My view is, it's too early for the wage increase to take much effect but the shortages could do some damage although panic buying often means an increase in revenue and the slowest moving, even the specialist food items get sold. So revenue may improve?
Uncle Doug, why don’t you try going veggie for once, there are millions of starving people in the world without a Tesco at the bottom of their road who probably won’t get a meal today! By the sound of things you could probably do with missing a meal for once in your life!
Yes, 4th attempt at this 260 level since 2018 high at 267 will it crack it this time?
Uncle Doug….go veggie for a change and stop moaning, think of all the starving people in the world that don’t have a Tesco at the end of the road and won’t have a meal at all some days. You could probably do with missing a meal or two?
…nice to see you again.
All the majors have supply issues. TSCO have probably the best supply chain. The start of the pandemic was an example of well the company did in comparison to the others.
Empty shelves again this evening - no meat this time.
After the 15/19 consolidation you'd hope it would be at least 4.05p!
So last year it was 3.2p ( so maybe 3.7p this year )
Ex dividend was 15 October
Dividend payment was 27th November so if you go by them metrics and dates you will not be far off people
Interim results are out 6th October, they will announce in that the interim dividend which could well be 4p.Also when the shares will go ex dividend which will be around 25th October, payment is usually mid December
so is the next one in october?
A dividend that is paid quarterly or at half year in addition to the main dividend at the end of the financial year. It's usually, but not always, smaller than the main dividend paid after the company's financial year has ended.
im new to this what is an interim dividend
October not far away, interim dividend time! I’d be content with 4p per share - any views?
Going upmarket then Doug at Lidls lol. Says it all really
I’ll give it a go
Maybe try for crocodile soup and Labrador duck eggs.
My local store has totally run out of alligator soup and dodo eggs, it’s shocking!