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Owl
"That being said it baffles me as to why they don't just plough this money into divs, 7bn shares for a company with the mcap of Tesco isn't exactly in confetti territory. That would drive the SP up dramatically."
The sp is up over 3% today simply on the commencement of a buyback that everyone knew about anyway.
That is pretty dramatic and silly dividends weren't required to shift it.
Yes, I'm aware this share drops in big chunks too but a business with Tesco's current market cap, a £1, billion buyback is huge ! Higher dividends will follow !
Can't understand why people with no shares in Tesco, spend time commenting on the share.
It suggests there's not much going on in their life.
Eccles - I think because it's viewed as a steady, stable defensive share that isn't as prone to fluctuations in it's market (ie miners, oilies) or regulatory issues (tobacco, gambling etc).
That being said it baffles me as to why they don't just plough this money into divs, 7bn shares for a company with the mcap of Tesco isn't exactly in confetti territory. That would drive the SP up dramatically.
Can't understand why folk buy this with a crap dividend and a crap PE.
Excellent response to the commencement of the buyback.
What’s the betting thing goes XD just before 409, and then it will drop and the interest will wane?
Well played sir. 😂😂
Tesco currently up on banana debunking
Any share he is in, he will defend to the hilt.
Even the comparison of the size and weight of bananas.
I've no doubt this Hawkingesque analysis of 2 bunches of bananas on an obscure part of the web will shore up Tesco's share price.
Car
''Not a match!''
they are - the same price per banana - banana sizes vary.
If you want to compare by weight using your Aldi sample (which may have had larger than the average sized and Tesco smaller than average) then -
Aldi 78p for 811g.
By weight Tesco sells for 0.90p per KG
this would make ALDI about 6.5% MORE EXPENSIVE than Tesco for 1KG.
Mr Tesco,
Saw your bananas today, “Aldi Price Match, 78p” Good offer, I fell for it. Went in Aldi to check, 78p. However, much larger bananas! Weighed both bunches,
Tesco bananas are 582g
Aldi bananas are 811g
So, Tesco’s bananas are over 39% more expensive than Aldi’s bananas!
Mr Tesco! 🤥🤥🤥🤥🤥
Not a match!
Mean tesco safe however it can be all over the place on drops etc
And money safe
Rather paltry dividend again equalling just over 4% yield, I can do better than that with The Post Office, offering just over 5% at present.
Looking at my book be a trade late afternoon 2. 77/ 78 for a buy . THATS WHERE I AM
Good buy i had 5 p a share profit NOT TURNING THAT DOWN FOR A QUICK TRADE ,
At 283p
NOT greedy
Good results, then a bit of a kicking. Hmm
Forensic with these market makers who knows . ATB
Bottom reached, methinks.
Well bought in LETS HOPE it works im sure 3 pound can be hit in little time .
AND 27 million pound sells and 10 million unknown how can we down what a fiddle
If you are with ii then the automatic re-investment dealing charge is £0.99p and stamp duty where appropriate. I must admit the TSCO div is rather dull. Rgds, S
Not for the faint hearted - hit the Tesco shares buy £10,000 button now and in June you will receive £240 cash ( £280 dividend less £40 dealing and stamp duty charges) 😀