George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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.
This share is now a bargain IMHO. I sold at 2.48 week before the SD, a rare piece of good judgement. Got to find some money to get back in.
Re TSCO languishing share price, again am afraid that there is more hope than fact. This is a FTSE plodder and doesnt inspire a "must buy" ethos, by anyone, PI or II. Historic accounting ****-up's and now a poor outcome to SD and consol program, coupled with at best 3% average divi yield see's so many more exiting opportunities which many will look to unearth and hence return profit. My comments disappoint me, as I am a TSCO holder but even after stellar trading in 2020, the SP lags massively behind value. SP has fallen 18% since Feb highs and now actually trails the FTSE index performance substantially. Am afaid it give sme no pleasure to see this as another "jam tomorrow" BB statement, when in reality, if trading gets tighter then SP will probably head south towards 210-220p. Sad really and will probably encourage a heap of shareholders to sell as soon as the 240p consol breakeven point is reached, especially many that converted the SD to shares at approx 225p.
The market may also be thinking about the bank and a possible drag on profits.
You have to understand that an awful lot of people who had spending money before the Boris lockdowns now don't have any. Thus until those people recover financially which will take 18 months minimum, they will not be able to go into the supermarkets gungho. That's why the markets are correctly reading a period of lower profits.
Jamtart, I think we have the answer i.e. there is no reason for the drop and therefore it is to be expected that it will start climbing back above 250p in the course of the next few months as we come out of lockdown and the economy bounces. TSCO could turn out to be a star performer in '21. JJ
Don't know the answer to that either. Never liked this consolidation stuff never seen a share price benefit in my life of it. I thought this would be flying by now, instead it's down daily, steady profits, bit of safety as well. Just don't get it.
Looking at the others in this sector they have been dropping just when my expectation would be for a lift in their share price. We are coming out of lockdown at a moment when the weather is improving allowing for a measure of 'partying' out of doors. The markets are supposed to predict when profits are going to increase/decrease - a falling share price suggests falling profits. Is that the right conclusion??? JJ
What about Arsenal?
I'm no financial expert but can only see the next 6 mths being great for the economy and share prices, after the lockdown families and friends will be in party mode, buying BBQ's, gardening stuff, beer etc, people booking holidays (or thinking of) and remember the Euro 2021 football in June, England, Wales AND Scotland are all in the comp which usually encourages guys to buy 65" flat screen TV's, beer and beer i can only see the SP increasing in the coming mths. Just my thought.
220p is a no brainer for Tesco given we have been in lock down for 3 months and people are buying huge amounts from supermarkets. Strong trading update due next month and as summer comes back people will buy big for outdoor celebrations. GL everyone who is invested!
Tesco doesn't buy meat produced in Brazil, what a strange Post by a non shareholder.
How Tesco fuelled record breaking fires in Brazil’s wetlands.
https://www.greenpeace.org.uk/news/tesco-pantanal-wetland-fires-brazil-meat/
Correction: will not be buying in(i'm out 100%)
I would have thought Amazon would want a global blueprint not a country by country acquistion with a pre formatted business model hence more likely to build from scratch. I know they bought Wholefoods but that is US and the US is Huge and they can build the model out in the US for roll out elsewhere.
Someone posted this "Looking odds on for a retrace back to 200 territory"
You just know if there is a market correction as lockdown comes to an end, nothing but nothing will stop this going below 200p. As it is the hot money is going into the recovery stocks like TUI et al. After the BS SD(return of Capital not SD) and the BoD pathetic attempt to anchor this around 2.40 to 2.50 range with their share consolidation that went awry. I am reminded of Canutes attempt to hold back the tide the market decides the price not the BoD. And the market sure has put the BoD firmly in their place !
I have firmly lost my faith in the BoD and will buying in unless it retraces too low or suffers as part of a wider correction
Bays
My view institutions that reduced on the run up to the SD in order to avoid tax duties are now returning. The annual yield will be well covered and attractive to funds looking at covering some of their annuity obligations. My current average is now 232 after buying my last tranche just prior to the company going XD.
I was hoping for the sp to stay sub 220 to bring my average down but my next buy will be my 3rd and final investment here.
TSCO in a much better place now than it was a couple of years ago and the management protecting their market share whilst increasing online capacity.
The Sp grew all day friday, first time post SD, even when S&P 500 dropped, I jumped back into ITV thurs after it dropped, thinking TSCO was flat or drop further, cleared some itv midday ish - missed Friday first thing oppo at £2.178. I don't have enough tsco at the mo sub £2.20, SP didn't drop late afternoon as I hoped. See what next week brings. ITV results 9/3 will fully close position then add tesco. I thought with over 50% of Tesco owned by II's and no support so far - it would flag sub £2.20 for longer? Next week will tell. GLA S&P 500 strong finish Friday night, however you can't tell what games they are playing with yields in the US. The fluctuations are wild and concerning. Stim Bill final 14th Mar, if passed. Busy week ahead.
No chance going for Tesco.
More likely take away market share or buy out Morrisons instead.
Tesco price trading range is currently 205-250 maybe £2.70 near term at a stretch. Who knows how high or how low?
Tesco SP (historic)
last over £4 May 2011
over £3 May 2014
low 142 in Jan 2016
struggled around £2 +/- 20p for several years
I am currently a holder.
in
Should be better
Special divi a joke
£3.00 think it would be more than that, unless there was some kind of sale on of course. Should be good for Bookers with things opening up.
found this online it is US but substitute NG for Tesco and it helps to make sense of the split, although it doesnt tell me How to work out gains/losses
https://www.youtube.com/watch?v=AmqU7ZCC5pY
Once a share is dropping I guess you have to stick with it, unless you're positive it's going to drop further, you'd hope it has bottomed out but who would take that gamble, yes you would have been better investing in eg, Barclays, but the time for that has passed, I think stick with it .. things can turn round pretty quick ..
London, lets hope it happens, they can have mine for 300p each. JJ
JJ, No I am not dreaming. Tesco would be a ready made supermarket so no start up cost and just have to covert the stores to Amazon in few months and start trading. ..perfect ..
In my opinion Tesco would be an attractive opportunity for Amazon should they be interested assuming Tesco agreed.
As for share price in Tesco at the moment,it will likely rise as most do.
As an example i have shares in the company i work for which i bought through SAYE at £3.Price this morning is over £22.Point being,shares rise,shares fall.