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No chance going for Tesco.
More likely take away market share or buy out Morrisons instead.
Tesco price trading range is currently 205-250 maybe £2.70 near term at a stretch. Who knows how high or how low?
Tesco SP (historic)
last over £4 May 2011
over £3 May 2014
low 142 in Jan 2016
struggled around £2 +/- 20p for several years
I am currently a holder.
in
Should be better
Special divi a joke
£3.00 think it would be more than that, unless there was some kind of sale on of course. Should be good for Bookers with things opening up.
found this online it is US but substitute NG for Tesco and it helps to make sense of the split, although it doesnt tell me How to work out gains/losses
https://www.youtube.com/watch?v=AmqU7ZCC5pY
Once a share is dropping I guess you have to stick with it, unless you're positive it's going to drop further, you'd hope it has bottomed out but who would take that gamble, yes you would have been better investing in eg, Barclays, but the time for that has passed, I think stick with it .. things can turn round pretty quick ..
London, lets hope it happens, they can have mine for 300p each. JJ
JJ, No I am not dreaming. Tesco would be a ready made supermarket so no start up cost and just have to covert the stores to Amazon in few months and start trading. ..perfect ..
In my opinion Tesco would be an attractive opportunity for Amazon should they be interested assuming Tesco agreed.
As for share price in Tesco at the moment,it will likely rise as most do.
As an example i have shares in the company i work for which i bought through SAYE at £3.Price this morning is over £22.Point being,shares rise,shares fall.
London, are you a bit of a dreamer? Why would they want to take on the TSCO issues when they can start with a clean slate and create their own model!!!! JJ
If Amazon buys Tesco then sky is the limit ..finger crossed X
Lots of emotion. All I am saying is that there are better opportunities.
TSCO not the only share you could buy/hold.
To be honest I’m a bit scarred by my holding it for too long. Feel free to ignore me!!
Underdog, Steve B is only making a valid point, there are a number of competitors weighing on this SP & possibly new players coming on board to water down profits i.e. Amazon. Recovery stocks as stated are also a worthwhile consideration. As far as my personal recent recovery buys go, BARC +57%, VOD + 22%, LLOY +21%, BP +19%. As for TSCO they are down 8% for me. So a valid point re recoveries & I only see oilers going higher especially after the OPEC meeting yesterday.
So steve B you make money buying shares when they platue and peak?! Well f**k me, I should have bought Tullow oil at 48p not 20p! What an absolute idiot I am! ??
Thanks for Reminding me not buy TSCO its lowest point since 2016... Gosh how foolish a return that would make in the near future. ???????
yes seems to drop everyday,
frustrating but there will be a turning point
s15
''All Tesco holders would be better off elsewhere at the moment''
Not sure how you can come to that conclusion. That would depend on the choice of an alternative investment - like tossing a coin as to whether the choice would be better.
I will be keeping my Tesco investment to hopefully pick up a safe 5% forward yield.
Yes it has been doing well.
But the market is forward looking and it sees greater challenges for Tesco when it looks ahead.
There is also relative easy money to be made in the recovery stocks right now. All Tesco holders would be better off elsewhere at the moment.
Strange things happening here, it goes up to 2.50, then consolidation, a little payback for the less shares, , and it just keeps dropping, all for a company that has been doing well ?
Several trades buying in the MILLIONS of shares. Hopefully a good sign looking forward
The proceeds are dividend only. You can't treat them as Capital receipts. I am disappointed that Tsco didn't offer a choice of treatment as it would have been useful to use the CGT exemption rather than paying Income tax on some of the dividend .
cheers Mike that was it exactly , as I am going through my TAX affairs I thought id try and clarify this matter,
Hi Sid_fiddler69,
Not a daft question at all!
If you're talking about gains/losses for tax purposes, these days (since about 2008) it's all done by a so-called "Section 104" holding of shares. In simple terms, if you have a holding of any one "class" of shares (eg Tesco shares), and this was built up by buying in more than one tranche, at different prices, they are all treated as being acquired at the *same* average price. If a consolidation of all your shares takes place, then, in the Tesco case, the average price goes up by 19/15. So it's then even more unlikely you'll "officially" make a taxable gain when you sell. For example, my overall average cost was about 320p per share, and now it's about 390p! At today's selling prices, about 220p, it would take a miracle for me to make a taxable gain! If you want more detail, if you go back through my postings to about 13 Feb, I posted 3 links to relevant HMRC webpages for another gent who asked a similar question. (If you click on my blue screen-name that takes you to my posting history, which is probably a bit quicker than scrolling back through all the Tesco postings).
I hope that helps,
Mike.
I personally don't include dividend income to offset capital costs for calculation purposes, but in the case of the Tesco 50.93p I have, as I consider it a return of capital.
sf
''This will sound like a daft question, but ill ask it anyway,
How do we work out if we have made a gain or a loss?''
yes it is.
I normally look at the amount I receive on a sale compared with what I paid out when I purchased.
Of course, whether you want to count the 50.93p per share return as income or an amount to offset the cost of purchase is up to you.
Look out for that iceberg!