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My second largest uk holding happy days.......more to come...certainly possible.....gla.
Well done with holding Chelwood, my large 1.50 SAYE went on a house deposit a while back. It served it's purpose. Got a smaller one at 1.68 due next year, might hold that for a while depending on conditions at the time.
Fair play to everyone for sticking with this share.Hold just over 15000 bought via SAYE at £1.50 and £1.51 so pleased.
some at a little over 301p having bought at a much lower level less than a year ago.
I'd live to see 305p+ by tomorrow's close.
But, nice to see 300p broken.
Once 320p is broken, I might just see my 350p target.
I still believe TSCO is very much undervalued. Just my thoughts though.
GLA, be lucky.
Just seen it hit 301p :-)
Looks like the wall has been knocked down! 302p now
Yes get your bomb shelter ready. Will be in there a long time. Plenty of vitamin pills maybe no sun for 5 years.
Yes, that 297/298p is/was a wall.
Once broken, I'm hopeful of moving up.
I was thinking 300p this week.
But I have seen 297p a few weeks ago and then a retreat.
Hopefully we can climb over the 300p wall and march on. Maybe over the two trading days we have left this week.
Target circa 350p.
GLA
I do not agree with your actions.All we need is a repeat of panic buying aka petrol shortage which never was
Just spent £300 stocking up on tinned and dry goods etc at Tesco, cause you know what headlines are coming if Putin invades Ukraine….shelves empty……?
And dropped back down again, stick with TSCO it might make you rich, but not me as only small investment. JJ
Sainsbury’s popping above 300p today.
They called it correct last year when they said 290p by end of year (2021).
GOLDMAN SACHS RAISES TESCO PRICE TARGET TO 345 (340) PENCE - 'BUY'
Millcottage - I agree they shall on-pass any inflationary pressures just like any other supermarket, just look around any shops in your own neighbourhood these days and they have probably priced their goods accordingly business as normal IMO DYOR
A few analysts see 300p to 350p this year. Many predict an increase in dividends to match profit hitting above high forecast.
Sales up , market share up …..yet SP taking a hit over last two days.
My opinion is that markets is worrying about inflation and rising cost of living hitting retailers like Tesco this year and next.
Personally I think they will and are large enough to navigate way through this.
Giraffe totally agree, well run, profitable, stable and boring. I topped up too raising my average. In a rising interest rate world. Tescos is good place to park my savings.
Spot on. Bought at the bell this morning and was delighted and surprised to see £2.84 to which I said thankyou very much. Has already recovered to £2.88 same day. Brokers predict medium £3.20 and high £3.50 this year and let’s not forget the likelihood of greater dividend. Won’t make any assumptions of a takeover, bonus if it lands
Thanks for confirming @Owl85.
As an employee of TSCO, I can confirm that the majority of employees aren't subject to blackout periods, as we aren't privy to the full results beforehand. Those on the PDMR list (ie senior directors) are subject to dealing restrictions.
It's very likely that employees have a blackout window and not allowed to sell for some period immediately before results are published - especially those at the top who would have some inside knowledge of how things are going before things are in the public domain. So those who might want realise a bit of cash after Christmas might not have been able to sell last week but today can do so, it may apply to only senior people, but in the firm I used to work for there was a blanket ban for all employees for a whole month before (each quarterly) results.
Lovely analogy!! :-)
There is also a pattern to Tesco on results day over the last few years - post strong results and the share price dips as people slice off profit and then it rises again over the following week or so. Wouldn't be surprised if this is up towards £3 again by end of next week
Share price falls on good news due to the shares having built into price the expected good news already and over cooked it.
Bit like knowing you have won the lotto , but not sure if it’s £100 million or shared between 10 people and £10 million. So you start planning as if it’s £75 million and when you find out it’s only (lol) £50 million you have to cut back on your plans for the private island and send a message to the estate agent you can’t afford some of the property they have sent you.