Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I think you’ve read the post out of context, I think it’s meant to read ‘Not a bad time to buy in Tesco’
He or she is a deramper trying to influence ppl. They’ve probably shorted Tesco. Nasty little person
What is up with this share at the moment? I was expecting 300 within months and it’s hardly moving.
Whats your logic/rationale?
a bad time to buy-in to Tesco.
Costco (COST:NASDAQ) is doing very well for those buying US shares. Sales are up by a high margin.
Based on current fundamentals, I expect significant upside from here going forward, Wednesday results will be KEY and IMO, start of a major uptrend from current undervalued levels. .
Analysts forecast Tesco pre-tax profits will increase from £1.56 billion to £1.85 billion for year up to Feb 20 (s.ource Daily Express Cit and Business News Monday 6th April
I'm an investor not a trader so happy to hold long term.
As a shareholder I would like to see the div increase (obviously) as before was only about 2.5% yield - surely that can now afford a 3.5% yield? If they're going to reward the staff then would expect them to reward Shareholders as well plus the staff also may benefit from SAYE schemes?
Might even pay a one off special div due to what's happened recently as am sure there will be surge in profits until the world gets back to normal?
Just glad invested here and profits rolling in unlike banks, airlines, retail etc. that are all clambering for bailouts and loans just to stay afloat
Just dipped a toe in here in the hope of a good set of results on Wednesday. All the major tesco stores and expresses near us are very busy. I think the biggest impact wont necessarily be the panic buying pasta and such it will be the fact that for the foreseeable future all restaurants are shut, along with nearly everyone working from home so having to make their own lunch with things from the supermarkets.
Obviously this could be completely wrong but we'll have to wait and see. I'll be interested to see if they mention anything about selling the Asian businesses too, and the take up of clubcard plus. I know a few people that have gone in for that already.
All the best, what do you guys think?
IMHO looking at present fundamentals, we should get cracking and certainly much better than anticipated results coming up on Wednesday based on which, TSCO SP should move significantly higher from current depressed/undervalued levels and continue on that positive path going forward.
GLA
I am afraid I just sold out today at break even. There are too many great dealing opportunities out there at the moment that are giving 10% Swings each day, whilst that happens TSCO just stays virtually stagnant. Good luck folks and all stay safe.
Hi all - thought I'd open a thread to see how people feel about Wednesday's results.
I expect we will see solid results on Wednesday and a good forecast. I am hoping the dividend is not slashed but there is every chance that it will be.
I think Tesco will be careful about being seen to benefit from covid19, though obviously they do benefit from it. Restaurants, Cafes & Bars being closed means all of that extra revenue goes to the supermarket. Costs have increased since they have to throw the staff a bone (deservedly), but hopefully costs have not increased dramatically.
Anyway - I am hopeful but would welcome any counter points to keep me honest!
Tesco has by far the biggest market share amongst all the UK supermarkets (~30%) whereas, Iceland has only ~6%. People are now mainly staying/eating at home only and hence once inside the shop, tend to buy lots lots more products and by default, Tesco should get the biggest market share of this incredible ongoing increase IMO.
CEREUS, that's been our experience exactly. My wife has never shopped in Iceland till this past week, she has been pleasantly surprised.
The queues at Tesco are too long for me as I cannot stand for any length of time , so have used Iceland instead . Many others will probably have to do the same.
I am expecting decent figures in Q1 but to be hammered by costs in Q2. But that is the price to be paid for Covid-19. I do think that the company will be viewed much better next year than the others (not rose tinted specs)
Cities expecting an increase of profits from 1.56bil to 2bil, so fingers crossed
Agreed and many long term employees have them. That's why I think the divi will go ahead. I don't think that there is any appetite out there to kick some brilliant workers in the nether regions. Public opinion will tell the likes of Lloyds, HSBC, RBS etc to go whistle because the finance industry is still blamed, rightly in my opinion, for the financial crash. No way have they been hurt anywhere near enough for what they did 10 - 15 years ago and I am a shareholder in said companies. Food retail staff on the other hand have stepped up to the plate and taken abuse, assault, aggression from animals masquerading as human beings, worked countless hours overtime and still doing the charity work. No, I don't think Tesco staff will be viewed in the same way and that is why I think the dividends will go ahead.
Cancelling dividends will effect those key workers in tescos that have shares. Special divi on its way
Certainly a possibility that has been discussed here before, many companies are cancelling div's. depends on the forecast numbers I suppose. Either way I expect a cracking Q-1 sales update.
It is a thought that crossed my mind but Tesco and other retailers are viewed differently from banks etc
It is a thought that crossed my mind but Tesco and other retailers are viewed differently from banks etc
Is there any chance that the special dividend (or part of) will not be passed onto shareholders?
I can only imagine that Tesco will continue to rise in SP as coronavirus escalates for the next 3 months. That, combined with the special dividend due to the sale of the Asian assets and likely better than expected quarter results - I would rate Tesco as a strong buy. Their annual dividend is currently at 3% (which is a good deal as it is) but with improved performance this year, the divi payout may be higher. It seems that they are prioritizing and improving customer service too (as above poster mentions). As such, seems a solid defensive stock all round.
Hi folks. Yesterday, Tesco started a system to provide priority slots for the extremely vulnerable in England. The rest of the UK is to follow.
Any person on the Government's register can sign up for a Tesco account in their own name. Even if you are a child. The important thing is to be on that register. If you aren't on the register then you won't get a priority slot no matter how vulnerable you feel you are.
For the 70,000 Tesco customers on the register, they will be getting their email over the next day or so.
The slots are new slots as Tesco put in place an extra 120,000 slots this week onwards and an additional 100,000 slots in tbe coming weeks.
Hope this helps.