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You should have gone over and told the security guard your suspicions, never mind where his attention was diverted. He could have called them back, checked receipts etc to see if you are correct and possibly had an easy 'collar'. Thieves need stopping and there is no point just watching them get away with it (allegedly) then moan on a shares board.
The security guy on duty was standing outside in the exit area looking away from the store . He was watching either the passing traffic or at the lad collecting trolleys. God knows what caught his attention. But he clearly was oblivious to anyone or anything going on back in the store.
@ Chris: Why didn't you tell the security guard????
You should've clocked their car reg. They'll have CCTV all over - you can report the time and place to security and what the thieves look like and they can check their systems to see who paid what when, etc. They will catch them next time. In my experience, thieves, if they think they've got away with it, will always use the same shop and MO next time. Years back when scanners were quite new I used to know someone who cut the barcode of a cheap £4 bottle of wine then next shop stuck it over the barcode of a £20 bottle of wine. He printed quite a few of these "cheap" barcodes on his home printer. Cashiers don't have time to notice what wine you bought. He got through a lot of expensive wine in several different shops for months before they finally caught him - good scam but they all get found out in the end.
I was shopping at Tsco at the weekend and two ladies in front of me had their huge trolleys stiffed to the gills. the bags were solidly packed and I just thought , that looks strange : why have they neatly folded all their groceries in the massive bags but yet have various selection boxes scattered over them untidily.
I thought I would be helpful and said ! ladies hi, I see you have the self shopping appliance - you should use the other queue. one of them stuttered oh, we want to pay cash. those machines are card only.
my gut thought that something was not right . As it happened they went to the bay and I was in the bay directly across from them. I noticed that they just scanned the chocolate boxes and paid and pushed the trolley off . On the way out the only security guard was out in the entrance foyer, looking at the traffic and empty trolleys.....
But afterwards I thought ' how easy it was for someone to make a full shop, pay for a couple of items and then walk off without any checks. if they can do it once and get away with it, whats to stop this theft being done wholesale over and over ?
Ive no idea what the shrinkage rate is for Tsco but no doubt we are all paying for this carry on in the prices we're charged. the German discounters would never allow that to happen so I guess that is how they can charge less -if everyone was paying for their shopping , then we would not have to subsidise this theiving
And as a shareholder how does one make a move to report this or stop this happening in its tracks without getting attacked. the security people are not going to bother and the one person in charge of 12 machines doesnt have the time especially when (s)he is rushing at rush times.
Someone likes them enough to buy £15m worth of shares..
Great to see people scrambling to order through tesco and great to see share price making steady gains all good solid business with or without covid.
The Solar farm plan will have a tiny effect on company value but a big impact on public approval. I can imagine this will feature in their advertising. Will they go another step and reduce their plastic footprint ..
IMO the Asia sale has only marginally been priced in. Only when the sale is confirmed alongside a dividend announcement with dates will there be any sort of herd piling into to invest here. Also IMO Tescos will do take efforts to keep the normal dividend in it's current range to reduce the shock to the company value which will recover over time ( of say two years).
263p is not unreasonable, but it will take time to be within it's normal trading range, but the SP could well spike up to that level initially.
https://www.lse.co.uk/news/TSCO/britains-tesco-fast-tracks-emissions-target-with-solar-push-l9ht1z8b7kj39j9.html
https://www.ii.co.uk/analysis-commentary/ii-view-tesco-shares-are-generating-interest-ii513781
Tesco Dividend Yield - 4.34%
https://www.dividenddata.co.uk/dividend-yield.py?epic=TSCO
Mags.
Not sure about share price going down because of the proposed consolidation and we are still waiting for the second approval to arrive.
I suppose most investors would have moved money to other shares which showed greater "instant" potential as a result of the "Good News" and hence bye passed TSCO. Once things settle, it will be obvious what good value TSCO is and we will see a gradual rise up to , I estimate 263P (I want)
Uncle _Doug.. yes it's plodding away but in a week when Tsco got the green light for selling Thai business, a virus vaccine, new president and grocery sales up over 9% I'd have expected a higher rise, lots of other shares made over 30% in two days, banks, airlines, all of which are still not out of the woods.. but I agree we'll hopefully see tesco rise from now on and there's always the possibility of a nice special dividend..
Agree.i was behind 2 ladies on Saturday who didnt understand what clubcard prices where until explained.They left the store as new clubcard holders.It is a very smart move in my opinion
"All the good news we could have hoped for didn't manage to shift this share."
Disagree. It's up 7% in a month. I'm Ok with that. The lockdown allows TSCO to sell toys, clothes, elec goods, kitchenware for month while other "non essential" shops are shut. Black Friday deals have started already (toys, elec - funny that!) and will only ramp up towards 27th November. TSCO was never hammered that badly during worst months of Covid so that's why it had less of a rise than others when the vaccine news came out. Be patient and you will get rewarded once the sales figures are out. The latest deals on lower prices to clubcard owners is a clever move and encouraging a lot of customers who'd gone to Aldi/Lidl back to Tescos. It's a good price to buy right now IMO
@Mags: They sell more groceries BECAUSE of the bank.
Personally I'd rather see the proceeds spent on investment or dept reduction.. a big dividend payment will surely lower the share price once its paid out.. also I wish they would sell of Tesco bank and concentrate on selling groceries..
You are right of course - however I must add that if the Special Dividend is not paid all hell will break loose?
My guess is that the share price will be highest when and if Tesco receive the proceeds from the sale and before they fritter it away, ie, when it goes ex dividend.. also an official announcement of the dividend should push up the price..
All the good news we could have hoped for didn't manage to shift this share.. my worry is when the rest of the market drops back it will drag this dog with it.. let's hope the special dividend happens..
No one , outside of the BoD, have any idea when (or whether) the special dividend will be paid and the share consolidation actioned.
I am sure it will be before Christmas They should issue 30p cash and the rest in the form of a Christmas voucher to be used at tesco. I for one would be happy to see the money in that way filtering back into the company. Probably not possible as a logistical nightmare.
Does anyone have an idea when the 51p dividend will be paid
Tesco will be ok most of the companys doing well are down 50% ytd
I guess there is still good days ahead for Tesco..
was going ok until they mentioned a vaccine
Great day for stocks and shares.. unless you've invested in Tesco..