Member Info for jonjo

You seem to be getting desperate- as I said tesco has nothing in common with Carillion in the least - but keep on posting it’s quite amusing really

How can anyone compair Carillion to Tesco? Beyond belief comments and utterly irrelevant!

Utter drivel !!

The unrealistic appraisal of the results with some claiming a fall back to 170 came to nothing and the SP rising again. Equally the commentary that Bookers shareholders not voting for the deal was a possibility equally looking less and less likely. Maybe we need more posts from AR and WWT to fire the SP up further LOL anyway onwards and most definitely upwards GL all !!

Now onwards and upwards and let's see how the management performs because they will become increasingly under the microscope!!! good Luck All including Mad as and IS !!

Yes you should

Supercharger- I don’t think of you as a shorter at all - I am referring to AR who months ago predicted that this would fall to £1.50 in a week and then £1. I actually like your posts for content and balanced views As for Opium been on a number of BB’s not least of which was RMG Keep posting and GL Jonjo

about the comments of Booker Shareholders not doing the deal because of the recent share price drop. If you consider they started talking about the deal when the Tesco Share was at �1.60 and it has since risen to �2.15 WHY would they not go ahead just because the share price dropped 4%? Equally the share price will IMO rise in the interim and also shoot up once any deal is done? Comments please with the exception of the usual shorting individuals LOL !

Opium - by the way Happy New Year mate !

Surprisingly! I take the view that the share drop is purely down to dissatisfaction by the City that it didn't hit the overinflated expectations on the Christmas period. The fact that they smashed the figures giving Tesco the highest Christmas results for years does not seem to count. The loss of cigarette sales for a short period certainly dropped the results and the results outside of Europe again dropper figures further. Overall I think the RNS was pretty good but I do not subscribe that view that in any way we will see a collapse in the SP to sub �2 or indeed this will affect the Booker deal especially as Booker itself dropped yesterday by around 4%. We will see over the next few days as I expect a good rebound GLA DYOR etc.

IS nice reply mate !

Carrington - you made a great call matey and I admire the way you called before the results were published. I bought more today and hope to see it Blue tomorrow, and will continue to buy if it drops further - anyway again well done !!

Chris Baily seems to have written a passable and balanced post even if they do hold shares: It was only yesterday on this site that I wrote: 'One of the hardest things for less experienced stock market participants to get their heads around is the expectations game. Numbers can be good (or bad) but if the teenage scribbler analyst, �professional� fund managers and �the great unwashed� in the form of other market participants broadly already think something, then confirmation of this event is not going to really change the share price needle. Of course as a consequence companies then start to try to become clever in managing expectations in order to 'beat' anticipated numbers...but that's for another time'. It is clear that Tesco (TSCO) either did not get the message or the animal spirits of those teenage scribbler analysts got the better of them� This is as despite having its best Christmas in eight years, shares in the UK's largest supermarket are down over 3% as I write. How so? Well once again we have to enter the land of expectations. You see, Tesco achieved a like-for-like sales increase during its fiscal third quarter of 2.3% in the UK and Ireland, and then for the six-week festive trading period to 6 January, like-for-like growth was 2.0%. Versus recent history this is heroic but not when 'the consensus forecast was for 2.4% for the third quarter and was even higher for the Christmas period at 2.8%, with some analysts expecting at least 3% for both'. Those damn analysts getting too excited about prospects! Actually there is one mitigating factor - but ultimately one that the Tesco investor relations team should really have communicated better about - and that is the impact of the Palmer & Harvey trading debacle which impacted the company specifically as one of its key customers. As today's RNS notes: 'Incorporating Palmer & Harvey volumes and complexity during a record volume period was challenging, leading to lost tobacco sales across December and putting further strain into our distribution network, particularly post-Christmas. Whilst these challenges have been resolved, the impact of lost tobacco sales on our six-week overall UK like-for-like sales performance was c.(0.5)%'. Guess what the analysts didn't factor in...! Aside from all this noise, underlying trends remain spot-on and consistent with the bull story I talked about in October. Convenience, online and fresh food unsurprisingly remain particular growth areas and even though today's numbers were really all about sales, the company's management team did note that the turnaround plan remained fully on-track. As I noted a quarter or so ago a reasonable expectation on this journey towards not just better sales but also - and very importantly - better margins (and continued cash flow generation to chivvy down debt) suggests a re-attainment of the 220p+ share price area. Today's local difficulty is more of an opportunity th

Lets see - I will remind you of that post in the weeks to come Buzle and you can do the same to me - LOL good luck !!

WWT - lets put you on the spot, do you think this will be under 180 like the great man Albert or do you think over the next week it will be way up?? I await your comments with great relish (Which we sell in Tesco).

So your entire comment is on the basis that Tesco did not win Christmas and despite it having its best year is now a basket case? Pretty desperate to deramp are you not - maybe you should get together with the arch sage Albert the guy that went long - LOL !

Ignore 15.04 post

Why Tesco results were hit and miss By David Brenchley | Wed, 4th October 2017 - 13:00 Share this Why Tesco results were hit and miss Tesco's (TSCO) recovery mission under Dave Lewis gained traction Wednesday after a decent set of half-year results, which included a resumption of dividend payments. Margins have improved and the pension deficit � a key issue for investors � has also been reduced substantially. Discounters like Lidl and Aldi have caused massive problems for Tesco and the rest of the Big Four grocers in recent years. It's partly why Tesco shares are worth two-thirds less now than they were a decade ago. But we reported six months ago that last year Tesco, the UK's biggest supermarket, saw full-year UK sales grow for the first time since 2009/10. While that was clearly a boon for Lewis and co, profits were still down 40% and fines still being levied by the Serious Fraud Office. Fast forward six months and things look brighter. Tesco's first-half of the 2017/18 financial year beat analyst forecasts, with many brokers expecting to upgrade forecasts over the next few days. Group operating profit in the first half came in at �759 million. Although that was helped out by property gains of �33 million, it still smashed consensus estimates for �703 million. The dividend was reinstated � "an important symbolic milestone," according to broker Bernstein's Bruno Monteyne. An interim dividend of 1p per share, the first payout to shareholders since 2015, "reflects improved performance and board confidence", says Lewis. Analysts expect 3-4p per share for the full-year. The operating margin took a big step toward Tesco's ambition of 3.5-4% by 2019/20, up 50 basis points year-on-year to 2.68%. Meanwhile, net debt fell more than expected to �3.3 billion, and increasing annual contributions of �15 million from next April will start eating into Tesco's hefty pension deficit. However, there were some areas of concern responsible for unwinding early share price gains, among them UK like-for-like sales growth of 2.1% for the second quarter, way below consensus estimates for 2.5%. That's partly because Tesco passed on less of any increase in food costs to shoppers than rivals. chart1 Still, Tesco remains firmly on track to deliver medium-term ambitions of reducing costs by �1.5 billion, generating �9 billion of retail cash from operations by 2019/20 as well as that margin improvement, says Lewis. "In addition� we can continue to strengthen the balance sheet, return to investment grade credit metrics and generate an increasing level; of free cash flow." Tesco shares have had a strong run into these results, up 13% since July. They've outperformed listed rivals Sainsbury's (SBRY) and Morrisons (MRW), both in negative territory, and the wider market, which is up less than 2%. After initially opening up a further 2% hi

Supermarket giant Tesco revealed it had its biggest ever sales week in the run-up to Christmas, as it released upbeat results today. Britain's biggest supermarket chain said that its UK like-for-like sales were up 1.9 per cent, driven by a 3.7 per cent rise in fresh food sales as shoppers snapped up festive staples and treats. But investors, who have seen Tesco's share price rise by a quarter since mid-summer, were not impressed and shares slipped back today on what City analysts said was likely to be a combination of a bout of profit taking and mild disappointment that the supermarket had not done even better. Tesco said that shoppers snapping up festive food helped it to its biggest ever sales week in the run-up to Christmas +2 Tesco said that shoppers snapping up festive food helped it to its biggest ever sales week in the run-up to Christmas Tesco shares were down 4.5 per cent, or 9.5p, at 202.4p at 11.45am. James Grzinic, analyst at Jefferies, said: 'Tesco's update confirmed a solid third quarter and Christmas, but not quite the dominant display expected by some.' Overall like-for-like sales in Tesco's third quarter were up 2.3 per cent and it said that it had continued to outperform the UK market, particularly in fresh food. Tesco is the latest of the big British supermarkets to release an upbeat trading statement, following Sainsbury's figures and Morrisons' update earlier this week. Read more: http://www.thisismoney.co.uk/money/markets/article-5257557/Tesco-biggest-sales-week-run-Christmas.html#ixzz53t81gtGU Follow us: @MailOnline on Twitter | DailyMail on Facebook

Supermarket giant Tesco revealed it had its biggest ever sales week in the run-up to Christmas, as it released upbeat results today. Britain's biggest supermarket chain said that its UK like-for-like sales were up 1.9 per cent, driven by a 3.7 per cent rise in fresh food sales as shoppers snapped up festive staples and treats. But investors, who have seen Tesco's share price rise by a quarter since mid-summer, were not impressed and shares slipped back today on what City analysts said was likely to be a combination of a bout of profit taking and mild disappointment that the supermarket had not done even better. Tesco said that shoppers snapping up festive food helped it to its biggest ever sales week in the run-up to Christmas +2 Tesco said that shoppers snapping up festive food helped it to its biggest ever sales week in the run-up to Christmas Tesco shares were down 4.5 per cent, or 9.5p, at 202.4p at 11.45am. James Grzinic, analyst at Jefferies, said: 'Tesco's update confirmed a solid third quarter and Christmas, but not quite the dominant display expected by some.' Overall like-for-like sales in Tesco's third quarter were up 2.3 per cent and it said that it had continued to outperform the UK market, particularly in fresh food. Tesco is the latest of the big British supermarkets to release an upbeat trading statement, following Sainsbury's figures and Morrisons' update earlier this week. Read more: http://www.thisismoney.co.uk/money/markets/article-5257557/Tesco-biggest-sales-week-run-Christmas.html#ixzz53t81gtGU Follow us: @MailOnline on Twitter | DailyMail on Facebook