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18 billion is small these days, there are companies out there with more than that in loose change!
Take over tesco market cap of 18 billion dont think so but it worth a try lol
leas
But coming back to TSCO it surely means they are a pretty fair safe haven in troubled times ?
I certainly think so.
mags1444
Feeling your pain over at RR. Hoping after selling TSCO your strategy was to buy in tranches. Not so sure it has bottomed out yet as sentiment in travel and aviation keeps getting knocked. Never known so much uncertainty in the markets before. Hopefully an experience we can all learn from.
i'll take 380p
With Imran Nawaz coming into the Company , does it mean we are being prepared and lined up for a take-over bid ? He came from Tate and Lyle , look at their transactions , can I say they are being slowly dissolved, sorry.
And if travel restrictions are tightened then the monies saved will find their way into home improvements, luxury items , food and drink.
Noticed the sp firming up yesterday as the trading session moved into the afternoon. Maybe a bit too early to say the recent downward trend has reversed but most of the last few trading days we have finished higher. Like to see another nibble at 240 and hope this time it can break through.
Lots of uncertainty out there. Even good companies are seeing a reduction of their MC. Travel companies or travel related companies will come under lots of pressure if restrictions tighten outside of the UK. TSCO look a strong alternative for a defensive investment.
Judging by your posts then I would guess you prefer Eccles Old Road to Eccles New Road :)
I also see your fond of WB advice and quotes. My favourite is
‘ When the Shoeshine Boy Talks Stocks, it is a Great Sell Signal’
To all, have a great weekend. Enjoy the sport and don’t forget to use your Clubcard when you stock up on the champagne, wine and beer! ( Extra 10% off for Clubcard plus members)
Top that Mr Aldi and Lidl. :)
It says a lot when you have US companies sniffing around UK stocks... Why cos they know that they are vastly undervalued and outside of EU restrictions offer massive future value.
leas:- never said a truer word and that is why the 10% of punters who have good strategies and understand finance invariably become rich whereas the the rest are taken advantage of all the time and mainly don't even realise that they are being shafted. I few weeks ago I had a brief conversation with a strange individual who did not even understand profit measurement properly. I seriously tried to get it into his head but had to give up in the end.
Yeah, I just wish I'd bought something, yesterday's lows were an excellent opportunity, I still think RR are in a range of 99 to 106 is so could be good short term ..
eccles
the market is never rational.
My thoughts are no chance with their recent track record and the continued growth of the discounters. I mean the SP has not even approached £3 in the last three years.
I reckon we might get Tesco back up to £3 in the next month or so. What are people's thoughts?
Good luck mags but I’d rather be invested in Tesco than either of RR or Lloyds - I can see a lot more upside here
Yes, but ironically they are probably 'leaner and fitter' than in them days, I can see them dumping Tesco Bank soon .. I sold my Tesco shares today, was swithering buying RR or Lloyd s ..
Hard to believe this used to be a £4/5 share
Interesting article in SM for the whole sector https://www.sharesmagazine.co.uk/article/morrisons-bid-battle-could-raise-grocery-sector-valuations
Freedom
Bought Asda shares back in the 80s. Held onto them for a number of years. Sold when they started to climb out of their trading range at a decent profit only to find out the following week that Walmart had placed a bid. Gutted as the potential profit would have covered my mortgage.
Agree wadz... I'm lookin to exit but feel it'll be back over 240 soon.
Interest is still high in supermarkets so could be a good couple of weeks.
Nothing worse than exiting to see it start climbing again.
I'm holding onto mine for now as I believe there is more upward climb ahead.
All for a brief spell but it's broken... I reckon a lot set sells at 240 so that probably pulled it back and the other groceries are down... But it's been hit and should end up there by cop tomorrow.
You wouldn’t think a 10% rise from this level is too much to expect. Booker sales should start to gain a bit of momentum now as restrictions are eased, not forgetting grocery sales as a result of the football.
My DRIP shares were bought at 225 so from a personal perspective all good.
Which poster a couple of weeks ago predicted that the sp would ‘top out’ at that price?
Whether we like it or not we are mere bystanders. You certainly cannot go up against the institutions and their algo trades.
I don't get and never did get why this isn't above 260p+.
I thought, yes just thought, it would be around 260p after the Special Dividend.
But, it didn't happen and maybe, just maybe, it's on the way there.
GLA