Member Info for ForensicBloo

"need A LOT more sellers for the buyback not to be paying ever higher prices, but it is a win/win either way"

You read it here first folks, it IS a win win !

😂

It's Tesco who need to buy some!

There's a time limit to the buyback and it's ground to a halt.

I foresee the SP being manipulated downward to enable a resumption.

The oecd talk blckoks about the UK regularly and the left wing media lap it up.

They rarely report it when the oecd predictions are proven wrong time and again.

I take your point re rates though.

No shares bought back at all yesterday?

Is the stay above 300p going to be sustained a little longer this time?

Still a b e l l e n d then Daniel?

🤦

Average buyback price still under 50p a quarter of the way through.

Remarkable.

This share buyback is going to take a LONG time !

Stimied by rising price based on LTI comment.

Good point.

So the buying pressure will increase over the coming weeks.

Cracking start to the buyback yesterday !!

🤦

Do you fancy doing the buyback updates anyway?

😂

Hardup, don't suppose you've got any Tesco shares have you?

Owl

"That being said it baffles me as to why they don't just plough this money into divs, 7bn shares for a company with the mcap of Tesco isn't exactly in confetti territory. That would drive the SP up dramatically."

The sp is up over 3% today simply on the commencement of a buyback that everyone knew about anyway.

That is pretty dramatic and silly dividends weren't required to shift it.

Yes, I'm aware this share drops in big chunks too but a business with Tesco's current market cap, a £1, billion buyback is huge ! Higher dividends will follow !

Can't understand why people with no shares in Tesco, spend time commenting on the share.

It suggests there's not much going on in their life.

Excellent response to the commencement of the buyback.

Porsche, you really are a monumental t1t. !!

Market forecasts are rarely correct.

They mean nothing anymore.

Inflation is down, again.

"One thing that is worse, than an arrogant, pretentiouse, Porsche owner, It is an arrogant, pretentiouse, very boring, vod share chat poster, that calls himself Porsche. Yes you are very short, time to grow up!!"

Seriously Daniel, even with spellcheck ?!?!

Not to mention the general rambling.

You really are a strange fellow.

Well played sir. 😂😂

Any share he is in, he will defend to the hilt.

Even the comparison of the size and weight of bananas.

I've no doubt this Hawkingesque analysis of 2 bunches of bananas on an obscure part of the web will shore up Tesco's share price.