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i'm expecting about £1100 for the Divi just recently set and pays out next month... thing is, if we hang in there and got 50p a share, the price will go down 50p too... so until you get the cash from the special divi, your numbers will be showing a loss....... 50p loss per share to me means £9k....... going to look like my holding is down nearly 20%.......
how do other feel about it? sell, wait, then when price drops buy in???
I think there are going to be some very very good figures reflecting the lockdown period and can see this heading for £2.80plus.A good solid share if not spectacular. Hold on for the divi and special divi then sell.
Like you, I am past retirement age. The subject of retirement has not arisen. Neither have the subjects of gender, sexuality, colour, race, creed or religion. Tesco does encourage you to be who you are.
The comments about "rich"(and "poor") come from theredbaron's posts.
Tesco is a billion pound company with hundreds of 000s employees. They provide a class benefits package - base pay; working conditions; free shares; share incentive plan; decent pension; staff uniform; staff discount etc
Think some people expect too much.
And, sorry, if you dont like it your freedom of rights lets you look elsewhere. Nothing better on offer? Thats not Tesco fault. Just saying.
"Rich" Are the pensioners! I've been retired for 8 years and spent them working full and part time in Dotcom for Tesco. I must add that in those 8years I have worked harder for the least money in all my 50 year working life. We have lost quite a few long term hardworking colleagues in recent months. The last one because as a C & C driver he got 35p an hour less than a delivery driver Tesco has it's good and bad points. I will compliment it on how it has dealt with the Covid-19 pandemic.
"To me it’s stealing from the poor to give to the rich ."
I wouldn't use those words but I accept your point of view. In this instance I would also suggest that the "rich" are colleagues and millions of pensioners. As a result of the hard work of the "poor" taxes are paid and this goes towards protecting society (that is you, me, your parents, your children and millions of others at home and abroad). It is not a perfect world, not by any stretch of the imagination but we all do what we can. I am building up a nest egg for the grand children. Could I use it in a better way, probably, but I am human and our instinct is to protect our own first.
And the share saving schemes, only a couple of years ago the strike price was £1.51. The education, training and promotion opportunities are as good as anything you can get anywhere else. Most job opportunities are open and nepotism / favouritism , though undoubtably exists, is far less prevalent than I have seen elsewhere. It is a place where you can get on.
Don't forget your night premiums about 2.50 per hour extra plus your 6 weeks hols 8 bank hols and your personal day plus your 1000 quid discount plus 7.5% pension contribution plus your sick package plus time and a quarter on sundays not a bad wee package when u add in all the extras eh?
I missed out the fact we now get £9 an hour. so for all these Great pay rises in the last three years we have only gained 18 poultry p on the minimum wage we would’ve been better off not having a pay rise and having a minimum wage. The saying goes if you look after the pennies pennies look after the pounds. Are used to love working for Tescos I really enjoyed my job but in the last 12 years I’ve been push pillar to post Demoted and Struggled to pay my mortgage As a result and they want me to step up to the mark and do overtime et cetera I think not. Next year I will have my day.
Spoken like a true manager greased by the levers from the top. Like I’ve said in the past I was on £7:60 3years ago on the tills when the minimum wage was £7:50 I had double time and a bonus and a canteen. Now the minimum wage is £8:72 double time is time and a Quarter no bonus no canteen, , our dot com drivers which I was one before I was forced out had their market supplement of £25 a week taken away plus the bonus plus the time and a half on Sunday’s meant they got a 1p pay rise over two years when all costs are going up and Everything is shrinking, but hey Tescos have found Nearly £1 billion again to pay shareholders and institutional investors . To me it’s stealing from the poor to give to the rich . Also in two years I’ve worked nights apart from the first week our store manager joined us I’ve NEVER seen him since unless I’m shopping in the day and he’s always on his phone stood in the middle aisle ( I take it back I did actually see him fill shelves in the mass panic buying spree apart from that nowt even the previous store manager that finished in the bottom 20 of the what matters to you staff survey in the company! Showed his face twice a week over the course of the year ) so their you see why there is such chasm between managers and GA’s When covid 19 moves on and jobs become available again why work at Tesco for £9 when you can work at Waitrose for £10 , why deliver dot com for £10 an hour say when UPS pays £11 :50 down the road the job churn is going to be massive.
i tried to top up on the low friday afternoon but funds i transferred would not clear in ISA. i have 16,956 shares so want to square it up to 18000. in so far at 235p i think it is. So will have to wait till Monday to try catch 228 ish. like to see a breach of 250p.
Had a Chat with the local Liverpool Tesco Express store manager this morning. It's only got 4 short isles. The guy said last week's sales topped £100k He said he's never in 6 years seen that before? He said we have no deals / discount on anything but people just keep piling in.... I'm guessing all stores must be doing a similar trade ...Wonder if its reflected in the SP next week? Looking at the charts we seem to be close to an all time low so I might have a dabble in Monday
Ah, the bonus. The one that everyone got incorporated into their pay so that they didn't finish up getting a bonus that was immediately eaten up by a reduction in Working Family Tax Credits. The one that means all staff get an ongoing bonus in their wage packet last year, this year, next year and beyond.
Ah yes the urban fulfilment centres : they will be using starship robot technologie group but as I understand not 100 % picked by robots and the goods come to a picker anyway x Along way off from Ocado’s zoom warehouse in acton west London which will deliver your shopping within 60 minutes of your order being placed as long as you live within 5 k. Of the store “ now that’s service!” Also talking to someone that works for Waitrose there store in salisbury is now picking 2,000 orders a week , so when Marks and Sparks fill their boots that’s another competitor out there and co op also now getting in on the action. Rosewall, As a manager (store manager?) how do feel about pocketing a bonus now that anyone below a manger in store doesn’t get one? Also the new CEO of Waitrose Sharon white is now putting back staff as number one priority which from what I hear has lifted staff morale . And us Drastic Dave cut cut cut and pay the bare minimum the brainless kids may think it’s great but in reality when we tell them how it was they suddenly don’t feel chirpy anymore and as I’ve said before barely any of the old school do overtime anymore unless they want it for a day in lieu,
Hi Sampson Where did you get the 51p special divi figure from? Have they indicated that or is it from speculation? Used to work in tesco head office when sir terry was at the helm and they were the darling of the ftse. Unfortunately they got complacent after he left and appointed brasher who was not up to the job. The accouting scandal made things worse...they lost the confidence of the market and investors. A bad bad time. Drastic dave came in and saved them...he's turned the business around and tesco has regained its mojo and credibility. Tesco never has been a swashbuckling stock...it was always a slow and steady and reliable investment. Its back that way...hopefully for a good while yet!