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HB
Just because Tesco price match on hundreds of regularly bought items, doesn't mean that less frequently bought items are cheaper in Aldi.
Tesco also give product discounts on selected items for clubcard holders.
And - to be Honest Bob, many British people like myself would rather shop in a quoted
British company than do their shopping in a Privately held German family business
(Aldi and Lidl)
I am perhaps miss the obvious. I am use dividend to buy shares and restore my initial position. So i will then have same number of shares but tax liability on the dividend. If i don't buy back i still have tax liability. May have been said so before but I am afraid I think BOD done shareholders no favours.
Matched by the idiocy of the present advertising which makes a great play that some products are as cheap as Aldi. Which implies remainder are not. So in essence they say Aldi cheaper in lot areas but we can match them in some. And they think this will bring in shoppers on price. Couldn't be worse if Aldi had paid then.
about a 1.6% of market cap return to Blnd shareholders.
Tesco are returning nearly 30% of market cap to shareholders.
as may be worth bearing in mind.
I am a British Land shareholder, and for some reason always receive dividends from them late.
Well that late date was today. I don't know if other holders receive theirs late as well, but today
the shares went up by over 5% - I'm guessing on shareholder reinvestment?
Thanks for the correction Lt. There is no bad intentions at all. The recent decisions by the BOD is leaving a bitter taste and I honestly think it could have been handled better pal. I’ve added another 1500 shares at this price. I will continue to sit on my hands and hopefully the BOD will prove me wrong.
I agree I bought in at 229 (first time investing) in Tesco.
The people who are the Dooms dayers are the 99% who don't know how how to invest- let's be honest most people aren't Rocket Scientists, Mathmeticians & Entrepreneurs or EVERYONE in their field, would be Einstein/Musk/Einstein my point is everyone is disappointed by a low SP What do you want to do?! Buy on a peak?!?!! It's only depreciated to this level artificially because of a system banking error!! Not because Tesco is a Duff share and going down the swanee!! I just made a nice crust off Amigo when all the Nay sayers were saying the same thing.. sure I make mistakes but my Mantra is buy a healthy company that's bottomed out! Tesco WILL level itself back out, especially in the Food essentials ONLY climate.
You don't need to the ever so cool and trending Aldi or Lidl or Ocado or Cannabis Pharma company or buying 10 million stella coins sometimes the tried and tested old Fogees are the best go to's.
Parting shot from Dave Lewis ?
TB
Just for you
https://uk.investing.com/equities/tesco-historical-data
TB
Just for you
https://uk.investing.com/equities/tesco-historical-data
tb
I bought for 145p on 11/12/15
You are looking at a graph distorted by the consolidation process .
Look elsewhere if interested.
According to HSBC the lowest SP on the 11/12/15 was £1.85 so my apologies for the 11 year low. Apparently there was 1 month around that date that the SP was lower than today’s. Other than that month the SP has always been higher than today’s SP Since March 2003..
A consolidation is purely cosmetic, with the simplicity of it only seeming complicated to the
simple of mind.
Without the consolidation, you would be holding more shares representing the same percentage ownership as a post consolidation holding.
Your greater number of shares would now be heading towards 170p per share.
The Asian asset sale details were known about for a very long time, with that knowledge was built into the share price.
Shareholders could have sold at anytime.
As with many stocks, a share price quite often drops by more than the distribution, especially with a general market drop.
Tesco and the like have been safe havens in times of turmoil, but with light at the end of the tunnel, some investors may have decided to switch to a recovery stock.
Tesco currently has a market cap of about 17 Billion.
Tesco shareholders will have 5 Billion in their hands on Friday.
Have a look in early March when the dust settled to see how the market is valuing Tesco
tb
''did not envisage the SP at a 11 year low. ''
no where near.
Cannot remember what the low was , but I purchased at about 145p on 11/12/15
Hats off to you Spindler I believe that the decision made by yourself was the right one. Unfortunately that said
my heart ruled my head, sat on my hands when they announced the profit warning, but I honestly didn’t expect a 15% fall in the SP. I only invested when the booker deal was announced but did not envisage the SP at a 11 year low. The BOD want to be held to account for this complete **** up.
You are right Bhoys but if the passengers on the titanic knew the captain was going to go at full speed through the iceberg region because he had a coal bunker fire and had to shovel the coal out of the bunker fire into the furnaces and couldn;t slow down...and should never have left port in the first place...i think they would have not got on board.....I felt this way once i understood the consolidation and i left the ship....and it was the right decision.....tesco now has a suspect BoD imo...who can;t seem to make hay while the sun shines...come on this SP is pathetic it should be £3 to £4..the current SP validates my decision....they really thought they were in charge of setting the SP with their machinations
M&S doing well. Whoop whoop I’m in profit at last ... well just .x
So we held these( ( well what I couldn’t sell because of capital gains) for the special dividend, and I did say I thought there was better value elsewhere heck even rolls Royce is kicking Tesco’s arse today!
I agreeSpindler but we ain’t the BOD pal. Mind you it was a unanimous decision to consolidate so maybe we just don’t get it. What do we know eh!
because they said it would take 5 years to do buybacks....ignored the possibility of just paying off the debt instead then....way too simple for BoD they came up with something complicated to anchor the share price where it was before the BS SD(that was a return of capital) and the market had other ideas and dropped the SP nigh 30p...so far...hey they could have paid off debt and proceeded to borrow incrementally and do buybacks....
Sainsbury's isn't doing well either! I was thinking that it was just a dodgy board at Tesco but it appears to have affected most of the other supermarkets except for M&S!!
Nige
SP will fall until after dividend that’s always the way and will never change no matter what company. Why did the consolidate rather than buy back?
Hopefully..however with the SD payout Friday those that have elected to reinvest it will be at this lower price so as far as I’m concer It can stay here ! Then in spring back to the 30s. !
Think its going to spring back.
Chris, I'm with you on this, and despite some comments on this bb 'am unable to comprehend the drop. I expect a spike when the div. is in peoples accounts. JJ
Have never liked these things, seen this happen too many times. Going to take the divi and re invest elsewhere.
That's absolutely right. I just don't know why this is being sold so cheap when from Friday most current holders will reinvest what was 20% of the company back into the share price. What's more the reinvestment surely is more likely as holders like me see that the current SP so so low and will hope to grab a bargain.