Member Info for eccles04

Got a new quote today and was pleasently surprised but we are good drivers and only had one "accident" in the past 30 years.

CCC. Now you must have gone into the "budget stores" to be able to write what you wrote below and I am not afraid to write that I do Tesco as well as Lidl and Aldi but your reference to "quality" is very debatable. Lidl in particular rarely puts a foot wrong and stocks a lot of British made goods e.g. extra mature cheddar made in Somerset for £7.69/kg vs Tesco £9.55/kg

Oh and BTW the yeild is more like 10%, not the 8.4% shown here.

Forget all that rubbishy math, the important bit is that ROCE has averaged over 20% fr the last five years which gives most investors a huge incentive to buy. SP will pass £60 with ease shortly IMO.

Quite right skier1, only the board members and wily late night shoppers get anything worthwhile out of Tesco, everyone else gets suckered.

Seems like some people are getting worked up over a storm in a tea cup:- "Despite volatile markets, the group's annuity portfolio has not experienced any difficulty in meeting collateral calls and we have not been forced sellers of gilts or bonds." says Lgen management a few weeks ago.

People so easily forget that hardly anyone buys a house at this time of year - ask any estate agent. Once Christmas is over and done with folk start looking for the next house again, will be doing the same meself.

You are so right Throneg, we had one of them advising our pension scheme until I realised that he was unable to beat the FTSE indices so I fired him.

Well no Doug it is not "nonsense" either, besides failimg to prevent one from catching Covid, the vaccine is now known to be highly suspect with plenty of folk having bad experiences. Andrew Brigden has a huge reputation for getting at the truth and his "anti-vaxxer" speech in the House will not have been done without thorough checking.

For some unknow reason the yield currently shown on this page is wrong, should be more like 11%

Yes Banbury I know they believed it due to the media and Boris's "science" team causing mass hysteria - one of my old friends still won't go out to the shops and has it all delivered, what a shame eh? No I was not very lucky, my Mrs (not jabbed) also had it for a few days but soon got over, same for my son. Have you still not noticed that there is hardly anything in the media anymore and even the Chinese have got so fed up with it that their nutty government has had to back off. It's a Corona virus, they have been about for thousands of years and often mutate as we all now know but rarely cause death unless you are weakened when you can get pneumonia (breathing problems) which my old Dad died of a few years ago.

Only if you believe it. Prof Whitty himself said over 96% of patients recovered. At 80 years of age I have had no jabs and got covid earlier this year which was quite tame and lasted just 5 days. Have you not noticed that all the panic has now ended and no more death reports?? It's the same with the vaccinations which do not work but they keep telling folk to have them - because someone is making loads of money!

With the ongoing shortage of housing I don't believe PSN profits are going to take much of a hit despite the "huge" drop in prices of 2% which has just been reported. They made 23% on sales in 2020 which was supposed to be a bad year because of Boris's panic over covid. The two prior years were around 28% and most businesses would give their right arms to achieve results like that. Thus I have just bought another tranch while they are cheap and looking forwrd to more handsome divs.

Of course it's not lively, one can now get a better yield from the interest rates some banks are offering so why would anyone buy Tesco shares?

Yeild this year has seen 12.4 p divs paid so yield should show as around 9% not the 1% shown on this page which was last year's figure.

Years ago one could get some worthwhile advice on Motley but not anymore. I just don't bother with them these days; just as bad as some of the "brokers" who can be observed dishing out BS regularly.

Would MM please stop faffing about and offer £60 so's I can pay my bill.

Oh no they don't. I was responsible for a large pension fund for many years and when I first took over I found that we had been paying a "professional adviser", a "broker" in fact a substantial annual fee to "advise" the trustees where to invest the £millions in the fund. After a couple of years I realised that his advice was failing even to beat the FTSE 100 index. I sacked him and moved the fund into a couple of L & G trackers. The trustees were soon much happier bunnies.

Dumber and dumber, today Barclays are still talking £43, you couldn't make it up!

Even better would be a break into £60. Not that I care as I mainly invest to get a better return than the banks, etc. are prepared to offer me.