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Jon
''is totally worthless and in fact is of negative value to me.''
The same as a return to shareholders and a drop in share price would be in any other share.
You will have to wait for a share price rise to get a positive value
Well you get what you pay for (often anyway)
the share to rise 10p or more; bought to today with that belief. Yes I was wrong about the impact of the consolidation/SD but still think its going to prove a good move for investors and the bod with their tasty performance deals. JJ
Spindler, I am on the same page, I also note Insiders were willing to purchase shares at £ 2.67/2.81 and the Pie has now been somewhat condensed enabling a larger dividend slice payment relatively speaking.
Say for a moment these insider purchases are now valued at £ 2.87/3.05 incl the SD as a result of any additional buying below these levels come Friday would seem favorable if only looking at it from a divided growth payment perspective.
The company's future Pension liabilities have been propped up as well which may otherwise have been a drag on earnings pot.
1 year Target Estimate £ 2.70 acc yahoo finance.
More food for thought ;-)
In our experience before Covid, Aldi wins price down but the whole shopping experience was rather poor during busy hours. It can be frustrating to sort out any payment issue as it happened to me a few times where the cashier was scanning so quickly that some products were scanned twice (steak!). Luckily I'm a careful shopper and checked my receipt. Having no customer service counter in Aldi meant I've got to re-queue to get a refund. This is not good for customers with children in tow or those rushing for time.
Iam seriously giving some thought to WM2020's theory of a city boys pump and dump here hhmm ? what are others views ?
One positve about Aldi is there garden stuff sometime some good offers and some quality not much but some.....all tastefully laid out and prsented like an upturned skip though
With all due respect Jonvia (and I am in total agreement with how you feel and i sold because i didnt agree with what they were doing) but this has been in discussion for months here, you could have taken the info here and jumped ship and stuck 2 fingers up to the board...I have posted numerous times i seriously find the BoD suspect now which is why i won;t re-invest
The thing I find astounding with this share are the people who hold the shares and don;t keep themselves abreast of events, truly astounding. On the Aldi Lidl thing I can honestly say with no bias as I am out of Tsco....we have an Aldi near us...a brand new one....it's HORRIFIC....Lidl when I have ventured in even WORSE. I actually rarely shop in Tesco due to logistics but no complaints everytime I much prefer it to Sbry....ALDI and Lidl are a truly depressing experience....the beer range in aldi never changed since opening and what they have is rank.....I am half German we wouldn;t p on that stuff they offer
I strongly resent Tesco taking my money and donating to a charity that I oppose.
Other companies return any partial share values to me. I have had sums of 42p and 56p from Santander for the part share of my DRIP investments.
Looking at the consolidation, the dividend and consolidation is totally worthless and in fact is of negative value to me.
Jon
Tesco like any other - the share price can go down as well as up.
If a company had a share price of 100p and paid a 5p dividend, without normal market movements the share price would retreat to 95p.
This in the short term would make the investor no better off having received the 5p.
Once again Tesco is no different. Instead of 5p in the example, you have been given nearly
51p per share. The only thing that is different , is that you have kindly donated about £1 to charity.
jr
''Are you still in?''
I have been a Tesco shareholder for a number of years.
I sold out of Morrison's on 22/12/16 at about 230p.
Please excuse my ignorance but I only just noticed that there is a share consolidation that I am struggling to understand.
Prior to the consolidation, I had 1000 TSCO share valued at £2392.
Following it I had 789 (should have been 789.45) shares valued today at £1799 which gives me a £593 loss since the consolidation.
I also apparently have a dividend of 50.93p which equates to £509.30
So after all this I am £83.70 worse off and Tesco have the brass neck to donate my .45 of a share to the Trussell Trust.
Have I got this right?
On a slightly different note I tend to look at (especially with supermarkets) their net profit as percentage of turnover - and the net profit itself. This being what is usually available for dividend and reinvestment. Tesco last year i think had net profit approx 900, million on sales 60 billion - less than two percent. Its similar for other supermarkets. I do think this is area that sometimes warrants closer management attention than perhaps market share. Although its the latter that seems to get most attention.
As a rough and ready extreme example if Tesco could increase all prices by just one percent. Would increase turnover by 600 million and net profit same amount in pounds but in percentage terms by 60 percent. The reverse is true which is why i get a bit twitchy when supermarkets I have shares in trigger price competitions. It is a very fine balance and I don't envy the management's
I had only popped over to see all your thoughts concerning the dividend etc and thank you for the information on the board and your courtesy.
I will now return to my more normal board and make a nuisance of myself there
Best Wishes
HB
Barchid must admit even pre covid i tried to avoid visiting any super market before sunset - found the whole experience much more civilised later on
Interesting WM2020 and by sitting it out you burn the city boys...whats not to like :-)
know someone who had north of 40,000 shares (and still has)once worth north of 200k....so you can do the math where that fell to at the lowest point and still over a 100k down from peak.
Jr20,
Sorry to butt in, but I don't think it's tomorrow when the wall of cash becomes available, but Friday (26 Feb). As others have said, it might be best to avoid that day to re-invest.
Re MRW, I naively "piled in" to TSCO, MRW and SBRY in about 2011/2012 *after* the respective share price peaks, and held most of my holdings in each ever since, topping-up (at much lower prices) occasionally. Ironically, I did this on the basis of "re-risking my portfolio" and on the basis that "people will always have to eat". I will, I suspect, always be "under-water" on TSCO and MRW. I eventually sold out of SBRY, at a small profit, when the ASDA/Sainsburys "merger" (since aborted) hit the news. I have always, somewhat anecdotally, considered MRW's balance sheet to be stronger (and simpler to understand) than TSCO's. I really need to read properly their respective latest half-year reports to confirm that one way or the other (accepting that TSCO has had a step-change since). Unfortunately these reports are just getting longer and longer - some 47 pages for MRW and 69 pages for TSCO, and these are just the half-year reports! The other thing that concerns me in the long term is, with such thin margins, to what extent the levels of dividend are affordable and sustainable in the future and how the share prices can ever appreciate substantially in the future - different investors have different needs, but I wouldn't want any capital growth to be totally cannibalised by the size of the dividend.
ATB, Mike.
LTI
Re Aldi I totally agree, many people avoid, we do too.
LTI
Are you still in?
I have bought two tranches since consolidation, and still feel comfortable on future prospects.
Out of interest have you reviewed Morrisons? Thoughts?
It should be interesting tomorrow to see how much money comes back in tomorrow.
I think this is a trap to catch out the retail investor, big price drop after consolidation, price starting to rise again, investors with the special divi cash on Friday reinvest drive up the price higher early next week, big boys bail out, then it drops back down to 210p - 220p range and the retail investors bet burned again.
Watch out folks, sit on the special divi cash for a while, might be worth it in the long run.
That 5 B demand more likely to make an appetizing result to a price reduced share capital hurry while stock last it could be sold out before the weekend
may have hit the near term price floor - time will tell.
£5 Billion needing a home on Friday
To be honest Bob,
I think people can see with their own eyes the difference when walking into Tesco compared with Lidl. Doesn't need a campaign to say what people can see.
Price on the other hand needs to be spelled out as a shopper cannot compare hundreds of items themselves.
Hi
I wouldn't disagree with your thoughts but I do think the advertising does give the impression albeit by accidental inference that only some products are price matched- the inference being that others are not.
I think if a company is advertise the reasons to shop there as opposed to a competitor - is price it has to do so carefully. Saying that we match in only some areas to my mind is not ideal. Also perhaps giving the impression that Aldi are setting the price and Tesco matching as opposed to being cheaper
I think a better campaign would have utilised some of the points you together with the far greater range that Tesco carries ,together with far more non food items. The latter making it possible for a visit to Tesco to be literally one stop with no need then to use time and energy travelling to other retailers for other items.
Similarly a Tesco checkout experience is far more relaxed without need to unpack trolley twice.
In summary it the advertising I am criticising not the shop itself.