Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Next week Tesco celebrates it's 100th birthday. Just received an email saying all clubcard members will be getting special discounts to celebrate as from Monday (06-05-19)
Tesco is not "wiping the floor" with anyone. It continued to lose UK and global marketshare in Q1 2019 and is facing death by a thousand cuts from the (cheaper and faster) Germans and Americans.
Big trade post market could be a good sign but think it maybe someone getting in early for the dividend and make a few pence on market rise too. Not sure if drop is to do with the protesters about financial markets, tomorrow should clarify that if we rise first thing as been doing really well recently. Gla
Thank you for the update Daniel. It's great to see more posters returning to this board.
Although as expected, it's impacted on share prices across the sector today, I take heart from Tesco's rise over the past few months and the fact it's now at a higher price than Sainsbury. This hasn't been the case for several years.
Hey WorldGoRound do you have to be such a ****? I just posted because I thought it was an interesting bit of news and also I posted it just in case others didn't hear the new for whatever reason.
Tesco can continue to wipe the floor with the opposition for now. The markets (or MMs) think this is terrible and the SP takes a hit? Something not right here.
Yes was expecting a bounce up and not a bounce down :/ Odd move but not in the context of the strange share that is Tesco PLC
Tesco will still be the biggest supermarket retailer in the UK, as this morning Asda and Sainsburys have called off their merger deal due to communities' backlash. They will not be combining into 1 supermarket anymore.
Deutsche rating 300p
Similar trend to yesterday
Hopefully will safely push past the £2.50 barrier this week, a fair price for the share and then could push on to £2.80 and beyond if conditions allow.
We shall see
Made the 6 weekly trip to Lidl for my muesli today, but it's Tesco for everything else...£3 please
What will be left in the UK in the future - I already feel late in realising that I am very late in realising I should have left the UK probably in 1987 or 1994, or at the very latest in 2002.
https://uk.finance.yahoo.com/news/job-loss-fears-reignited-analysts-warn-debenhams-closures-inevitable-053823895.html - Debenhams to close at least 50 stores in all likelihood.
Europe is a more socially responsible society, with better ethics/morals, and a better climate.
https://www.manchestereveningnews.co.uk/news/greater-manchester-news/tesco-axe-15000-jobs-across-15738225 - Tesco to axe 15,000 jobs
to see some good results and then a rise in the SP! Almost unheard of!
Must get myself a chainsaw to celibrate....
It was a light hearted joke...aplogies no offence meant
Reiterates 280p
Analyst Broker Ratings
Tesco PLC 15% Potential Upside Indicated by JP Morgan Cazenove
Posted by: Charlotte Edwards 11th April 2019
Tesco PLC with EPIC/TICKER (LON:TSCO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Tesco PLC are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set their target price at 280 GBX on its stock. This is indicating the analyst believes there is a potential upside of 15.0% from today’s opening price of 243.5 GBX. Over the last 30 and 90 trading days the company share price has increased 15.2 points and increased 27.1 points respectively. The 1 year high for the share price is 266.8 GBX while the 52 week low for the share price is 187.05 GBX.
Tesco PLC has a 50 day moving average of 231.31 GBX and a 200 day moving average of 229.67. There are currently 9,793,496,561 shares in issue with the average daily volume traded being 24,047,515. Market capitalisation for LON:TSCO is £24,189,936,505 GBP.
The thought that any halfwit can go into Aldi and buy a chainsaw terrifies me , therefore no Police check on who owns one . This is a disaster waiting to happen .They are very dangerous things in the wrong hands , or no hands if kids get hold of them. They should be stopped from selling them !
Pleasing results. 240p resistance broken, onwards and upwards to 250p!
"Tesco is like a modernday British Leyland vs. VW, Audi and BMW."
Yes, in the sense that they got caught cheating.
You be careful with that Aldi chainsaw...!
I went in the other day for a loaf of bread and came out with a chain saw , socket set and a high viz jacket
I've worked for Tesco for a very long time , my Dad worked for British Leyland for a very long time , I can tell you with a high degree of confidence that Tesco is nothing like BL.
Not sure which Aldi/ Lidl you use but I see no signs of superior management skills in the branches I've visited. I can never get help so stopped trying. Coupled with long queues at the checkout and I mean long, lack of parking if any makes for shopping a unpleasant experience. I do like their French week only because I'm a sucker for escargot. Unfortunately I've now found them elsewhere so it's good-bye Lidl/Aldi. Good luck and DYOR
Aldi and Lidl are still growing 2 to 10 times faster than Tesco (depending on metrics used) and they're also doubling the number of lines (choice) they offer. Peak-Aldi and -Lidl is at least 10 years away. History shows, once German companies attack British companies, their superior management skills almost always win. Tesco will almost certainly lose to Aldi and Lidl in the longterm. Tesco is like a modernday British Leyland vs. VW, Audi and BMW.