Member Info for jonjo

Cock - why don’t you give yourself a day off as the unelected self appointed guardian of the UKOG B.B. keep your filtered list in the bin where it belongs along with your opinions on what people are allowed to post on this B.B. Kind regards Jonjo !!

Probably because the deal is not signed and won’t be for two months

Starbright - your post was probably the best, factual and informative contributions to this BB and outshines the drivel posted by the egomaniac rampers here - Well Done mate and very highly recommended !!

Spot On !!

Last Call - they have been talking on this tie up for the last two years and it would seem are coming to an agreement within the next two months. Traditionally it would seem that these type of deals do not seem to be prevalent for whatever the reason is however with the rise of the Aldi's of this world and the ever present threat from Amazon who have massive buying clout this type of deal I suspect will become more normal to compete on buying power. If you look at the proposed Asda/Sains deal they a proposing this as a means to compete with screwing suppliers on price and buying more as a single client with large orders seems to be the way forward - in other words times have changed but one has to wonder for the best???

WGR - see your still smarting from your 50% loss on your investment in Carrefour - never mind Tesco will do nicely out of its JV (not merger) with its new buying partner enabling it to reduce buying costs saving an estimated £200m reduction in costs straight to the bottom line - pretty smart move wouldn't you say - LOL

Barn IMO I would have more respect for SS if he held but one share - the only stake he has in this company is his salary !!

Yeeeeeeees !!!

JB did you see the save just before STUNNING!!

Toilet attendant??

Oh Dear Office so anyone daring to offer an alternate view is a basher - get some perceptive !!

LLoyyboy good hypothesis and makes sense !!!! Recommended at least it makes more sense than some of the blinded posts on here today GL with the opening bell tomorrow !

How can a share closing at 8.7% down be a good sign????

Tesco says it is planning a "strategic alliance" with French retail giant Carrefour, as the two try to use their joint buying power to cut costs and offer lower prices to customers.

The two plan a "strategic relationship" when dealing with global suppliers, and the tie-up will also mean sharing their own-brand products.

The move comes as retailers face an increasingly competitive environment.

Tesco is the UK's largest retailer while Carrefour is Europe's largest.

Last year, Tesco - which employs 440,000 people - reported profits of £1.3bn with sales of £57.5bn.

Carrefour operates 12,300 stores across more than 30 countries, employing about 375,000 people worldwide. Last year, it had sales of €88.2bn (£78bn).

The two have been talking for two years and, although no formal agreement has yet been signed, they said they were hoping to confirm a deal in the next two months.

casapinos - if you want a real good laugh have a look at his posting history - how he is still allowed to post on any BB by Admin defies belief !!!!

IMO - those that feel they need to tell the world there trading are deluded and fantasists driven by ego and have to be seen to be successful wheras those who make money simply give themselves a pat on the back and continue research for the next deal

CEREUS are you posting on the right BB ?

Whats not to like great share with masses of upside and a great dividend !!

a four year high and we are not far off of that and have to break the 260 mark and hold above it to fix a new bottom for the SP so roll on for that !!

Thought he stated the reason quite well - get someone to read the post to you perhaps??