Member Info for jonjo

Or invest in a share that tops out at 7p that drops to 3p ?? I hope you sold out at 350% profit if so well done ! Slow and steady for me profit on the SP for tesco with a gift of around 3% along the way in a divi I will take that every day of the week thanks !

Well being the profitable company that we are we can afford it - you should try it sometime as in investing in a company that makes money and throws off a divi - you might find it refreshing LOL !!

Go back as far as you like but the fact remains despite your comments that Tesco footfall is stagnant and margins declining it has increased profits to over a billion so your analys is faulty and just plain wrong. Broker will add to those profits despite what you say and the group is on the up despite your desperate attempt to prove otherwise turnaround is working led by a proven team and it would appear your gutted Never mind just stick to JLP and there recent results to show you how a company can consistently make a loss eh?

Oooooh it would seem that I have got under your skin - if as you say footfall is stagnant and margins are contracting etc how come Tesco profits are increasing????

The UK arm of Aldi has announced a third consecutive year of falling profits as the German discounter struggles to maintain cheaper prices against its supermarket rivals. The grocery chain reported a 17% fall in profits to £211.3m in the year to 31 December 2016, from £255.6m the year before, despite a 13.5% leap in sales to £8.74bn.

Footfall is not stagnant and who are you to start calling posters snobs ? As for petrol at least we offer customers the service something your precious discounters can’t which is like the restricted range they offer lol

and how will the company look after the merger?? - I think you will see the company market share rise substantially certainly in the eyes of the consumer as it becomes the largest Grocer and Wholesaler in the UK !!!!

UK - from an interest point of view what do you think it is because that which I quoted is actually facts however happy to listen to any opinion !!

Dont think this applies to Tesco as our CEO will be concentrating on the merger and potentially closing stores and downsizing on staff accordingly. People hate staff cuts as do we all but streamlining systems, infrastructure, facilities and staff is all part of profit enhancement and is exactly what is needed. We will see a great deal more of this over the coming year and I would not be surprised to see our team commissioning a survey and study to look at where floor space can be reduced to maximise facilities and ultimately profit. As for the small time discounters Nibbling at the edges, let them get on with it and fight amongst themselves I see a new one in the market emerged recently to challenge the discounters called I believe B&M which will fight in that market sector, personally it does not concern me !!

BigSmoke - probably something to do with dropping 50% since October and not having any contracts signed up for product sales?? Pretty easy to work out IMO !!

Special one day offers - My wife keeps an eye on special deals like the rip off Joe Malone Candles, cleaning bargains, only trouble is she has a tendency to buy things we would not usually want or needed which is part of there very successful marketing ploy's. I think Aldi will really start to bite if they can eventually expand the range they offer as a permanent feature rather than have the one off ranges which once they are gone they are gone??

I was at Aldi this morning to buy 10% of my shopping then off to tesco to buy the remainder

On the 19th of Jan seem to indicate a very leaky ship?

I was surprised to see a huge number of sells logged at gone 5pm well after the Close mainly large chunky sells is that normal??

Cristal- many thanks for the link !!

Yes very simple answer, you refer to times under the old team and as such the current team is and continues to carry out a turnaround very successfully whereas you have to go back way in the past 2007 to try to get your point across. I suppose you are still smarting from the announcement that the Booker deal was proceeding where as you having invested so much time on this B.B. assuring the investors of which you are not one that the deal was doomed and the new team was way out of its depth leaving you looking just plain wrong. Then you had put up with pension liability reduction, the team bringing us back into profit, paying a dividend, leading the pack as the UK largest grocer etc. It must be galling too you that upon having your deramping dreams smashed that the streamlining, ahead of the merger begins to improve margins, profitability, market share etc that you will never again see your mythical 100p. In short Mate, you keep hammering on about lost jobs and old statistics related to a previous old and defunct team over ten years ago, and a financial swindle which relates ex directors and employees.wheras the current team has picked up the peices and are managing the real job of a new merger and turnaround which they can justifiably demonstrate that they are more than up to the task. You were wrong on Booker and just about everything else from SP to dividend to profits so stay in the past mumbling old facts and irrelevant issues relating to the non performance of a disgraced past team and let us “investors” get on with supporting a proven team who have done the retail deal of the decade which will transform Tesco !! You have no facts relating to present day issues and I suspect you can see progress successfully being made and you hate it, well you better steel yourself because this company will blow its competitors away to fight amongst themselves for the crumbs we leave behind Ta Ta !!

When is that 6% due??

cost cutting and staff reductions due to merging - simple as that

bertram - same to you and lets hope it is profitable for all of us !

Would not dream of it Pipedreamer all comments and opinions are most welcome even from WWT and Berty