The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
Tesco PLC - UK's largest supermarket chain - Says Non-Executive Director Bertrand Bodson buys 44,087 shares at a price of GBP2.26 each, worth GBP99,496, in a transaction on Tuesday.
@DT270380 I sold all my tesco shares because of the reasons Jacob mention revenue and I'll state the facts before you just recently accounts
2018/19 revenue 63B profit 4.59b
2019/20 revenue 58B profit 4.49b
20/2021 revenue 57B profit 3.97b
They are the facts instead of ranting and not agreeing with a poster don't try make out your right when the facts tell you different
What a ridiculous post - what about the Tesco business is going to drive the SP up by 35% to 300p and then down by 40% to 178p?? This isn't an AIM share. It has grown profits continually over the last 5-6yrs and it's market share has remained pretty flat at about 27% of the market for the last few years, even reporting a small share increase late last year. It is clearly moving it's focus away from sales and into profits while also growing it's dividend - I still think it's a solid share to hold and don't expect the wild swings predicted
Just my own town opposite the main supermarket in Windsor they are building a huge Aldi that in itself tells me that aldi believe they can take a proportion of tescos market.
Tescos have tried to expand in Europe they bought 600 shops in poland only to be beaten down by carrefour and the Portuguese firm biedronka in the end to save face they sold out but kept just 20 shops there. Tesco has saturated its only true market the UK its biggest market share was in 2014 31% of the market that also reflects the SP at the time.
Tesco for me is fighting just to keep its market size both in retail and insurance. Just do a comparison on car insurance with tesco to see they are not cheap.
The share price for me will start on a downward trend next year and will test the all-time low of 178 .I believe it could return temporarily 300 this year but apart from the dividend its long term future is spiralling down.
The lack of growth in the share price shouldn’t really come as a surprise to any new investors if you look back at historic figures.
Tesco is one you buy for the p/f with a view to compounding its dividends or alternatively to provide a passive income along with other shares and assets.
Fully agree. After 12 month holding and the damp squib of recent Special Divi I have decided to dump TSCO ASAP. Whilst a decent Divi payer, not using the invested cash in other more progressive stocks offsets the Divi. If there was a list of most boring stocks I am sure tsco would be very near the top. Just sitting on the invested cash and watching it bounce around 220p and 230p makes me feel like a failing investor. I must liquidate and press forward. Poor TSCO, it seems whatever its sector does, it languishes. Any ideas as to what will give it the kick in the pants the SP needs would make interesting reading.
SBRY has already been subject of a takeover in the past and TSCO MC is 3 x that of it's rivals. You would have to be offering circa 25 billion to tempt shareholders and that would still be cheap.
They probably keeping the price low for someone to buy us out lolololol
You'd think this after being oversold Friday it would at least be up the same as sainsbury, ocado. Marks etc....
It's the share that never moves. Manouverability of an oil tanker. Pandemics, takeover offers of rivals at a premium to the weekend SP.. just never moves. Good for a divi generating source of income, but never going to give a thrilling ride.
?
Yup i agree with that in fact i read something months ago or even last year that stated exacty that prospect....isn't that the Green's MO aka BHS ?
Like Asda, MRW will be asset stripped and sold off leaving a company that will be renting it's own stores back, paying for vehicles to deliver it's supplies and probably have EG on their forecourt.
Good day for MRW bad day for the consumer.
Spin
Yeah, but Tesco still have a much larger market cap. 5.5b as opposed to our 17.4b. It is a bit of a kicker, though, as I was thinking about buying Morrisons shares back in December when there were ubstantiated rumours of a buyout.
As for the extra valuation - haven't a clue. Morrisons have had either dwindling sales or profits (can't remember which) for the past decade. There's a murmur that it's because they own most of their properties, so if I had to guess then that'd be why.
'Good day for MRW shareholders .....
Like Asda, MRW will be asset stripped and sold off leaving a company that will be renting it's own stores back, paying for vehicles to deliver it's supplies and probably have EG on their forecourt.
Good day for MRW bad day for the consumer.
can someone explain why there is a 230p offer for a share that was 178p last week ?
So Morrisons share price overtakes that of TSCO
Bet ya(me included) wish you had put the dosh in Morrissons not Tsco.....55p jump that's some tasty rise
helping TSCO today
allegedly a hedge fund is offering 230pp share fo morrisons...what does that value tesco at...
could open 220 - 240p...i own none of their shares....will it help or hinder the tesco sp...thoughts ?
Having lived in Germany, they just don;t do supermarkets like the UK ! I have seen better ones in Greece. Having been in lidl and aldi it's like a clown show.....the only threat they can pose is to poach the lowest level of customer....
Jacob
Indeed, competition is a killer. Aldi and Lidl will suffer as much as Tesco. There is still fat to be trimmed and delivery income to be more closely aligned with delivery costs
Sky News reporting a US private equity firm running the ruler over Morrisons - a further shake up in the sector following Asda's deal a possibility
Just been doing a bit of research as I like buying at rock bottom prices.
The problem is growth can see lidl and aldi competing heavily with tesco in the next few years so that really is only the dividend that is attractive and apparently temporary cancelled that a few years . This drop is basically correction of future outlook . Can see an upside in the next few months but think long term its on a downward spiral.
Competition is a killer and tesco only really UK