Member Info for adeg1

Good update and with a significant increase in EPS we may even see them raise the dividend.

and is why I own Tesco shares and not Ocado ones.

The management team from Tasty will own 5.7% of the IG shares following the transaction, with a lock in period. They have a significant amount of skin in the game to want to make this work and increase shareholder value realising the value they obviously put on their business. If I'm buying at less than them and less that the director purchase yesterday I'm happy.

The shares in the purchase are valued at £8.42, so I expect the share price to settle around that value. This should add to the overall value of the business.

The online shopping is also limiting you to 95 items per shop. We often have to take items off our weekly order to fit to the limit. I do think they have opened online up to a lot more new customers and hopefully they will continue to buy their larger, heavier items online in the future.

The special dividend is already built into the price if you don't understand that then you need to read about efficient market hypothesis. When it is paid the price will drop by the amount of the dividend as the market capitalisation of the company will reduce. However Tesco are looking to fudge the numbers/graphs by conducting a share consolidation so the shareprice appears to be the same but there are less shares in circulation.

Sold half my holding today at £4.69 having purchased at £1.20 two years ago. On a PE ratio of nearly 30 this looks over priced to me so have banked some profit. The yield of 1.7% is too low and they need to up their return to shareholders as I think capital growth will slow from here.

Are you still happy now that they have given back another £28.9 million to the government. This reduces the profit for last half year from 39.6 million to £10.7 million.

I bought my shares 2 years ago at £1.15, I'm more than happy with my return on investment so far. However I want it to keep improving and growing from here. The market potential is there for them to grow this business and make us all a significant amount of money in the long term. However spending my companies money on things that don't add value to the business does not increase the value of my holding.

How would you feel if the company you worked for said "sorry we know you've worked really hard this year but we aren't giving you a payrise, we've decided to give it to NHS workers instead."

Jc1220, it's great that people give money to charities and support people in need. If directors of companies want to do that then great but they can do it with their own money not the money that belongs to the company and its shareholders. Who are they to decide which charities/sections of society are needy ahead of others. The directors of the business are employed for one job only, which is to run the business to the benefit of its owners.

Show me the cost benefit analysis of that additional £8 million of spend. How much improvement did it make to the bottom line results.

Growing the dividend even by a small amount is not insignificant. It is the strategic objective of any company to create profits for shareholders and increase the value of their investment over time. Otherwise the company should just become a not for profit charity. If a company is unable to invest its cash in the correct way then it should return that cash to its shareholders so they can invest it elsewhere.

The acquisition and disposal in the last two days are good examples of PETS releasing profit on part of the business and investing in a new area. How would you feel if they gave the £80 million from the sale to a charity instead of investing in the business or giving back to shareholders.

I accept that the company has done a good job in difficult circumstances, however when caring for its employees this shouldn't be at the neglect of it's other stakeholders, one of which is its shareholders.

2.6p on the dividend instead of keeping the same at 2.5p just shows the confidence in the company and that they are looking after their shareholders as well as their employees. Even just some indication that they will review the full year dividend in line with their results and look to grow it.

What additional costs have they incurred because of covid? If anything they should have saved as they had no overtime, less staffing or furlough income, less utilities (the lights were off, doors closed, in my local shop when I went) and less maintenance on their buildings.

Why was it a "well earned" bonus, looked like a nice low stress job to me, no where near the volume of people going through a normal supermarket or a hospital so low risk to employees. The directors have sacrificed profit for shareholders to pay extra to the employees. Why didn't they share the extra across all stakeholders with a small increase to the dividend. As usual its management looking after their own interests ahead of the shareholders.

This does concern me, margins are down and their overheads have increased 50%. There needs to be a good look at their cost control systems to try and squeeze additional profit from their additional sales.

Glad they have maintained the dividend but would like to see them targeting some growth of this over the next few years.

You should find that Caesars start buying in the market to hoover up shares at the lower price. If they don't then it becomes an arbitrage play for the big boys who are prepared to make a few pence on the deal.

I'm expecting a release of the figures at 10:30 as the meeting starts.

No point buying at £2.67 as you have your dealing charges and stamp duty to pay. Only worth it for the big institutional investors who will arbitrage it.

But no dividend, there is no reason why they couldn't have paid the interim. EPS up and huge reduction in borrowings.