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Eccles
Your comments don’t stack up. If you bought last year then you would have received the dividend, the special dividend and also a capital gain of 10%
You also stated, from memory you were selling here to buy MRW which again did not make sense as you would invested in the same sector.
Like you said earlier. Nothing you, I or the Telegraph says makes any difference in a ‘blue chop company.
Not calling you a liar but certainly a lot of what you post is inconsistent.
Bought a few last year £2.12 can't think why. Think I will get out soon, there are better yields elsewhere.
Agree with you leas,what can be classed as a good comment can change overnight with events out of any control.
eccles04,may i ask if you are invested here.
eccles
It is an opinion. Nothing more, nothing less. Maybe if this was a small AIM with little volume then yes, their comments good or bad can influence a share valuation.
Has anyone ever made a fortune out of Questor's "tips"? Not in my lifetime, some of what he writes is complete rubbish. Some people who don't think for themselves believe it must be good because it's in the Telegraph. Do you think that fund managers base their selections on what's in the Sunday Telegraph, do you?, Really?
Key to their thinking, the grocer's confirmation to analysts that it was no longer seeing "significant" profit dilution of its in-store sales.
The reason was straightforward, increased online shopping because of the pandemic had allowed greater economies of scale on the digital side by spreading its fixed costs across bigger volumes and more customers.
Clients had also increasingly been opting to use Tesco's Click and Collect model, thus avoiding delivery costs and boosting profits.
And there was more.
The pandemic had also seen shoppers return to Tesco's superstores from its German discounting rivals because their size meant shoppers were likely to bunch in particular places inside, the tipster said.
Another key rival, Asda, was less likely to be as aggressive on prices under its new owners.
All told, Questor said, grocers' high gearing meant that Tesco's bottom line should get a boost, as even relatively small increases in sales can translate into "big" rises in profits.
Rated a strong hold by questor
https://bit.ly/3uJqhFu
Looking forward to see the results this week, would expect online sales and hone delivery’s to be strong
Have we been hacked? What's this ****e?
Hello the red sales are really strong in my group and smashing budget each week hopefully reflected across the company profit wise no doubt profits took a hit but will be strong this year dotcom reverts to bagless should save 15% picking costs.yes had 10k in rr sold out at 400 loss i was lucky at that still have sleepless nights lol anyway I bought another 30k of these so all in here but I can sleep at night.bought at2 19.thats a huge mortgage my friend your wife must have great job hope u keep trading well to cover that397k.
Well done TRB.
You can find me on there under the handle “ Theeredbaron “!
Follow my progress and or disasters.
So next week is the full year results,
Clueless as a dot com manager with 27 years experience and insight to the weekly yearly revenues how is your store going ?
Also I recall you chortle over my Rolls Royce shares awhile back there doing ok thank you along with , gaming realms; , avivva , imperial tobacco, fevertree,rank,boohoo, playtech,marks and spender, ( up 40% now!)sosander, man group,batm,BT,Japanese small cap fund,
Micro focus, Savannah resources ( just) glencore( sold now but a good 17%) tui (small loss admittedly)
Shares in the red, metal tiger , petrofac , FLWT ( cannabis etf ) ( £250 in total)
Bagged 1k from Argo
So my HL account started last year made 2.5k I’ve added another 3k already this year so 5k from 15 isn’t bad , etouro im up £400 on £3k since February after losing £500 in two weeks “ dangerous game leveraging but highly recommended with a portion of your 50k of Tesco funds” Tesco’s is well Tesco’s it’s defensive with a good yeild but you need to diversify a bit .
And not just in Rolls Royce my friend , ps how’s your 10k at an average £2.94 going current price is £1.10 ouch! I hope it comes back for you may take a while after their rights issue ,
Well I’ve got a 379k mortgage to chip away at and Tesco’s ain’t going to pay for it in a hurry so I do what I’ve done for years which is trade , I made more last year than I earns at Tesco! 1st time mind
We’re here to learn off each other look for advice here how companies work from insiders to paint a picture of a company good or bad ,
Etouro is good as you can see what other people are invested in what day time price they entered the trade ! No bull s*it of I’ve bought 25k here 20k here ,
More importantly get ideas, as were all here to do one thing make some cash, ! XXX
Ratty here :-) it took them 3weeks but they finally removed the poor things decomposed body . . X
Very pleased to see the rise today might we just see 240 area by results day I wonder . ?
Good upward trend at the start of the new financial year.
I will be a little disappointed in a 7p + final dividend isn't announced next week.
Have to agree. Fresh produce at the German markets are stored without care. They are tasked to replenish displays within a timeframe but also covering checkouts. Their staff always seem stressed and rushed.
I see the share price is starting to climb back to the 240s as we approach the results next week. Could be some news in future dividends now that there are 20% fewer shares .
As a house person shopper for a lifetime, I agree, Tesco is extremely competitive on everything but particularly fruit and veg. Our Aldi is downright dreary with all the produce so tightly packaged you cant see it. Lidl hasnt got the range. And I love our Tesco superstore...much prefer it to the slightly smaller original Kings Lynn Tesco.
I hope Biden hits the FANNG mob hard with fair and proper taxation, they've got away with murder for years,especially with Ginger balls. Now with the true extent of pandemic costs known and the Tech super profits, they should now pay an equitable share - country debts worldwide too high - not to tap into to these tax jokers. GLA.
No pun intended but they seem "Boxed in". Attempts at expansion beyond their market share into other countries or industries, eg banking seem to have gone wrong. So, they need to be the best in niche, i.e. grocery. Also consider it's not just Aldi/Lidl that's a threat but Ocado/Amazon. The technology of one has allowed diversification into becoming a tech company and massively streamlining the efficiencies of competitors to TSCO. The other is already a tech company with massive and successful diversification about to head into the TSCO markets a nibble at a time.
I shall take profit if we do get to the £3 mark and reduce holdings by 75%.
‘Offset some of the additional staff costs’....
DT
Yes the extra wage costs will be reflected in the balance sheet and hope the cost savings in other areas of the business this year helps to offset the additional staff needed.
Thanks Panderman
Leas - although I agree with you on the online costs and scrapping of building distribution hubs I do think that there has been a significant payroll costs in the form of paying full sick pay for all colleagues off sick with COVID to the employment of up to 50k new temp staff to cover shortages. The stores have had social distancing equipment installed (screens etc..) at a significant cost across the entire estate. Then there is the drag on profits of the bank and the lower profit margin of online sales. I think Tesco results will be the strongest in their sector but I just know there have been huge costs incurred throughout the year that will pull back some of the sales growth.
Agree Leas, results next Wed 14th.
DT
Gearing costs towards improving online sales to meet capacity is now absorbed by the business. Also expected costs of building distribution hubs will no longer be a possibility as it is accepted that those larger stores have been the most efficient way of supplying customers.
I have to say having spent almost a year now in the U.K. I do think that if you’re a Clubcard holder and take advantages of their offers then TSCO beats the German competitors hands down.
Maybe a biased view but the quality of their fresh produce is much better at TSCO with a much better organic range.