Firering Strategic Minerals: From explorer to producer. 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.
mMax1, I agree with you that the results are going to be good. However there is a but, in that the message that is given in terms of profitability going forward could be a bit depressing. Fully expecting it will hit the share price.
Fingers crossed that I'm proven wrong. Maybe I'm too old for this game, or maybe a little bit wise. Time will tell. JJ
Disappointed with the slide in the share price this week.
Not bothered as next weeks results will dwarf the 3 main competitors.
Eccles - i'm not sure if that's correct. The latest Kantar market share information saw Tesco slightly growing their market share so that would suggest consumers are still shopping with Tesco and if anything it might be taking sales away from the other 'big 3'. I think if you ask most suppliers the volume and security they get from Tesco outweighs getting paid a day or 2 earlier
Problem is that a lot more folk are going to the discounters because Tesco's prices are rising. They are not much cop at getting decent prices from suppliers because they still take too long to pay - not exactly great management is it.
Possibly, not sure/can't remember with other firms like BP. who have been doing large scale buy backs and what they do leading up to results.
Owl
Could the reason that they have not bought back any share for a month be because they are in the "close season" in front of the results ?
I seem to recall the close season is usually 2 months before figures are announced.
It's interesting to note that there has been no buybacks for nearly a month either.
Not convinced we will see an increase in the dividend. The bod won't want to commit to a rise in the div when investors then expect the same/better at next results. For me we are more likely to see share buy back which can be stopped at anytime if the economy gets a lot worse and its deemed they need the cash for day to day needs. JJ
I think the general consensus is that both sales and profit will be very strong for last year however as we know that is already priced in after the Q3/Xmas update in Jan. My worry is the same as JJ - inflation is causing a major headache to Tesco and this will have to be addressed in the full year results. The warning of how big an impact inflation could have in the forward looking P&L could result in the SP dropping, like it has with other retailers who have delivered a similar message to the market
Results will be exceptional. Increased dividend due to record sales. Buying big this morning
DYOR
Marks & Spencer expected to confirm that joint food delivery venture with Ocado is meeting performance targets, triggering a payment of almost £200m. (Article in Sunday newspapers)
This will give a lot of confidence to possible external partners as Ocado ramps overseas and bodes well for Ocado share price. Nice to hear some good news for a change.
Stocks to buy before the Spring Statement today
Tesco, Bae Systems and Chemring were recommended buys from a article in the telegraph that may react positively to the spring statement.
https://www.telegraph.co.uk/investing/shares/best-stocks-buy-spring-statement-2022/
DYOR
Sorry not a shop floor view, but I have the same sentiment as you. However Tesco is in a stronger position to ride out inflation and supply chap in issues than the other large supermarkets.
Also just read this article that gives a little confidence also.
https://uk.finance.yahoo.com/news/ocado-vs-tesco-share-price-143636586.html?guccounter=1
There is much talk about inflation and food inflation in particular. My view would be that the results will be good but there will be a lot of warnings given which will then cause a further slump in our share price.
What's the view from the shop floor? JJ
????
Try !!! next time as ?? suggests a lack of conviction in your buy. Good luck. JJ
The ?? At end of last post was supposed to be a thumbs up.
Bought more shares at 267p ??.
I built my Tesco share holding up at between 218p and 228p about 13 to, 15 months ago.
With a bear market hitting share price, I think now is a good time to buy again.
Just my opinion.
@Cereus - That could be an indication that Tesco is absorbing some of the supplier price increases then. This would hit already thin margins and profit line.
yeh we went shopping aswell, we got milk and eggs and some bread because we have toast on a morning.
then we got some petrol in the car because it was gettinng a bit low i dont know what it all cost,
Went shopping last night and did a food comparison with prices going back three months . Not a great deal of difference , apart from orange juice and Olive oil spread margarine. . I keep my receipts for a few months, so this is accurate for my weekly shop which does not vary very much from week to week. No doubt if the war continues there will be hikes in food prices to come. Bought Diesel at 159.9p , but a filling station down the road is charging 168.9p
Good company but pot of Marmite £2.85 only £2.49 in other outlets.A lot extra to pay for 2p back with Clubcard
Like any prediction on a share price movement circumstances can change and change any opinion you have.
So you will find that if someone gives an opinion it can change very quickly as changing circumstances change it.
As you said let’s wait for the April results. However I think the current share price move is a reflection on what people feel how trading figures after April will go. With inflation and high oil prices the margins will get even thinner for Tesco.
Like most people in the world I also have empathy for the people in Ukraine at this time.
I could discuss on why I think Putin has made the move he has and how it has turned into a huge error of judgement that’s costing people their lives.
Mill, on Thursday you were talking of a bounce and now a drop to 270p, at a time like this no one has a clue as to where a share price will be. In the case of TSCO the reasons for holding have not changed. Happy to hold for the results on 13th April.
Very concerned about the people of Ukraine right now. JJ