The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Great opportunity to to buy more that's what I mean .
Be back in the 220s by friday
Good update from morrisons bodes well for tesco update on 26th june all looks good and looking like business rate relief from govt will cover all extra costs due to pandemic bit of lift today for us with positive news from morrisons .
Mf99 lol surely your joking lol
Profit margins will be slim short term but 585 million business rates relief coupled with fewer promotions lower fuel prices and increased trade will off set a lot of damage tesco will be very careful not to be seen as thriving during this crisis but the fact of the matter is tesco is smashing sales budgets and when the new norm sets in eg increased home shopping sales and folk reverting back to doing large one off shops going where all is available tesco is really well positioned to take advantage profit will balance out by year end and when we come out of this a real feel good factor will return which means higher sales and normal profit margins resumed one of the safest dividend stocks buy buy buy..
Can't understand why anyone would be selling this share with special dividend due I am a manager with Tesco and see some sales figures just a few regions mind you but we are still absolutely smashing sales and some dot com stores will see a 100% uplift in sales great share to be in next stop 280.
Yes but that center was opened before the sunday trading restictions in poland where applied tesco has closed or sold over 60 store's to try snd cost save 2 billion.
Good point pokerchips think Tesco will reduce exposure in central Europe and already sold off some stores in Poland they have different shopping habits and the Tesco model struggles be a gradual reduction and then focus on the UK where we thrive.
4.3% dividend at these prices with Tesco intending to return 50% of profit going forward to shareholders in dividend payments plus a 51p per share special dividend due later this year where would you get that in these economic condition NO BRAINER..
Well done 3300 I bought another 3500 grands worth a couple days ago at 223 212 seems great price with all that's happening I am up to my neck to and nervous too but confident got 21500 of these would buy more but the better half won't let me good luck.
Only info is second half of this year for deal to complete so I cant see any update until then and certainly not until deal gets go ahead after all the scrutiny from the monopolies and mergers commission in asia etc same scenario as Booker deal.
Yes you will qualify for normal dividend but still waiting on clarification on special dividend iam in the same boat with 20000 says in share account now.
51p per share
13.5 % increase in group profit to 2.96 billion?
Hoping this finishes with a rattle be very disappointed if it goes red again .
Tesco has done all the right things with its 750 million tax relief cash 10% extra pay for colleagues. Full pay for high risk colleagues self isolating for 12 weeks .Full pay for colleagues with the virus .Two weeks full pay to stay at home if a family member living at the same address shows symptoms. Thousands of extra colleagues employed to support absence also all home shopping deliveries being bagged which really slows operation and iflates costs.So my point is the dividend payment is fully justified and I expect Tesco to do the right thing and honour it.
The 23 million is an uncrossing trade it's the days trading balancing out so not and actual buy.
9.7 billion shares in issue with 5 billion being returned to shareholders equals 51p per share
As part of the plan to make dot com profitable Tesco closed down the click and collect pods in quieter times most pods close Tues to Thurs between 1300 and 1500 some close completely on a wed and close at 1900 on sat so all these slots will open up from next week .I understand Rosewall it looks like click n collect is maxed out when you go on the website but there is lots of room for growth.
Sorry Rosedale you are incorrect although dot com never was profitable until year 2018/2019 and has become more profitable since the removal of plastic bags as this speeds up process an reduces man hours.On your point about capacity true for home delivery but not for click and collect as we close on quieter times this will change and closed hours will now open.As per capacity a fleet of of new vans is now being launched across the estate and allow at least a 30% increase in sales.Lots more happening in the background like potential to relax Sunday trading hours etc.Really tough times all round but great potential for this share.