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sorry should have introduced myself. i worked for the banking side for 6-7 years before retiring. i had tried to suggest to local directors how extra growth could be achieved. before covid i thought tesco should get into the funeral trade with their loyal older customer base a good few clubcard points for signing up to a funeral plan (special 0% offer if bought on tesco creditcard) the lorries are refrigerated so could have a small area concealed to transport the coffins around the country and suitably trained tesco workers could drive the he**** etc on the day of the funeral. i put this to the directors at a large gathering of tesco workers who i am afraid thought i was taking the p***. a bus came by and i mentioned tesco could have a picture of a up marked coffin on the side of the bus with the caption "tesco's finest" this brought loads of laughter but actually i was deadly serious would have made a fortune. better option than paperchase in which aisle i have never seen anyone buy anything.
As a brand new member was interested in the gain being made if the share price goes up 1p. I have been a regular reader of posts for Tesco for some time. I was wondering why no one posted their losses if shares went down a penny.
Agree to keep the shopping going at pace and keep it continuing hopefully rising and staying above the 304 level.
Can anybody raise Chelwood ? Good lad.
£152 for me
Ohh good. Every penny it goes up I make £80.
Onward and upwards let's see if the trolly momentum can keep the price firmly 'shopping' above 304 going forward it's all in break-out time.. IMOO DYOR GLA
There you are!
320p before X-Div at least imo. DYOR
😂
It's Tesco who need to buy some!
There's a time limit to the buyback and it's ground to a halt.
I foresee the SP being manipulated downward to enable a resumption.
....and get this above 300 to close the week please?!
X-Div on 16th May so not selling any until that date when we could be 320/330p.
Thankfully I did not sell my majority after hitting 300. Now we sit and wait! Good luck
Jefferies target.
No shares bought back at all yesterday?
FB Technically the tea leaves look favourable painting a cub with a handle on the weekly indicating a possible breakout if the price can keep momentum above 304 on a weekly close 1st target a measured move of circa 23 points towards the 320s the consensus target remains 331 longer-term GLA
Hopefully so.
Is the stay above 300p going to be sustained a little longer this time?
Still struggling with this. 100 shares bought at 288 yesterday which was the price bang on the morning bell. Hopefully the price will settle down and they can actually start buying in earnest.
For TESCO buyback. SP i,e.
Once the average market price over the previous X days has settled, then a bit more daily buying should commence
Fb
''This share buyback is going to take a LONG time !''
I believe the programme can last as long as April 2025
The delay in the update seems odd. Maybe someone overlooked it, or they're just dragging their feet. Curiouser and curiouser....
This share buyback is going to take a LONG time !
Stimied by rising price based on LTI comment.
The shares were bought very near to the open - the continued upward movement in share price most likely kicked in buyback pricing rules, preventing further purchases.
Good point.
So the buying pressure will increase over the coming weeks.