Member Info for jonjo

Tesco and John Lewis have emerged as winners from a tough Christmas trading period as Marks & Spencer reported a downbeat set of figures with a slump in sales of both food and clothing. The UK�s biggest supermarket chain reported like-for-like sales growth of 1.9% for its UK stores, a performance it said was thanks to the strength of its food business which saw underlying growth of 3.4%. Live Tesco, M&S and John Lewis report Christmas trading results - business live All the day�s economic and financial news, as UK retail heavyweights report their Christmas trading figures Read more At M&S, the chief executive, Steve Rowe, admitted there had been a �mixed� performance. Its like-for-like clothing and homewares sales fell 2.8% while, despite inflation of about 3.7%, sales in its food halls were down 0.4%. �M&S had a mixed quarter with better Christmas trading in both businesses going some way to offset a weak clothing market in October,� said Rowe. �In our food business, ongoing trading pressures continued in the lead up to Christmas as consumer spending and choices reflected tighter budgets.�

Very happy with the results and would see this back up to the 214 mark and above powering through to higher levels in a matter of weeks. As for re visiting the 170's I just cannot see that. The only issue as far as I can see is outside of Europe which does take the shine off of what are truly excellent results and the team march on delivering exactly what they have predicted. Good time ahead and a top up opportunity that I never thought I would see so I will be buying more today as will many other investors I am sure.

Then you won't be going back in again AR unless you short it and I look forward to celebrating you scorching your shorts again i.e. The man that predicted 150 down to 100 LOL

To finish the day and let us finish at Par !! Good luck all tomorrow - at least to those that are invested or seeking to do so !!

Hi Bill - I would be happy with 215 and a further gradual rise between now and the Booker deal being done so my target is 250 - 300 IMO etc and also GL

WWT Some simple facts: Tesco is the leading grocer It has the largest market share bar none It’s profitable It’s about to take over Booker which will increase its market share and most of all widen its market into wholesale Let’s see what tomorrow brings

WWT - I am singularly indifferent to the loss making A&L who are buying and trying to take market share from Tesco and have singularly failed to do so. As far as I am concerned they can continue with there plan to take all of the discount market share and we will still rule as the top Grocer. In fact let take share from one of our rivals in the top four, weaken them and we will buy that rival and increase our share that way?? The thing is individually IMO A&L are fighting a battle between themselves to get a share of the discount market and when one of them loses enough money one will fail. You referred to there being a bloodbath in retail, well it's not affecting Tesco and that's a fact !

Pipedreamer presuming you meant 224 to 228 we will see a pause that could be correct unfortunately I don't do charts but to support your assumptions I would see two factors holding us back - firstly a good solid set of figures and also completing the Booker deal. So far we have failed to reach 220 which I thought we would easily achieve so it needs Booker to get closer. GL and keep on charting mate !

WWT you really do make me chuckle so you have to combine the results of Aldi and lidless to make your point work - go take your childless comments elsewhere and maybe see a doctor as well because you seem to have a Tesco fixation and hate complex - not good for your health methinks haunting a site in which you have no financial stake and desperately trying to build a case to deramp the shares so you can claim a retail bloodbath. Tesco is the Market Leader whether you like it or not, it makes serious profits and does not have to buy market share to stay top of the pile. Looking forward to the results tomorrow- Pip Pip Matey !

Hi Pipedreamer my comment about whether you were on the right BB referred to the figures you were quoting in your post - you stated that we would see a pause from 124 to 128 which is way off given we are at at the time 214

You on the right BB?

No idea but I am looking forward to the results

Nearly

Tesco the best Christmas performer among major UK grocers -Nielsen Tue, 9th Jan 2018 08:00 LONDON, Jan 9 (Reuters) - Tesco saw the strongest overall sales growth amongst Britain's big four supermarket chains over the key Christmas quarter, industry data showed on Tuesday. Researcher Nielsen said market leader Tesco's sales rose 3.4 percent year-on-year in the 12 weeks to Dec. 30. That was ahead of growth of 2.1, 1.7 and 1.2 percent at Asda , Morrisons and Sainsbury's respectively. Tesco held its market share at 27.5 percent, while the other three saw their shares slip as German-owned discounters Aldi UK and Lidl UK enjoyed sales growth of 12.8 percent and 15.7 percent respectively in the quarter, Nielsen said. Nielsen said Asda, the British arm of Walmart, had the best sales performance of the big four in December, with growth of 3.7 percent - ahead of Morrisons, up 3.4 percent, and Tesco, up 3.2 percent. Rival market researcher Kantar Worldpanel will also publish supermarket sales data for the Christmas period on Tuesday. Morrisons has also published its Christmas trading update. Market share and sales growth (percent) 12 wks to 12 wks to pct change Dec. 30 2017 Dec. 31 2016 in sales Tesco 27.5 27.5 3.4 Sainsbury's 15.5 15.8 1.2 Asda 14.2 14.4 2.1 Morrisons 10.2 10.4 1.7 Aldi 7.5 6.9 12.8 Lidl 4.9 4.4 15.7 Co-operative 4.6 4.7 0.2 Waitrose 4.4 4.5 1.1 Marks & Spencer 3.6 3.6 3.6 Iceland 2.3 2.3 3.9 Source: Nielsen (Reporting by James Davey; Editing by Susan Fenton)

Here we go again, same old rhetoric, if we cant get our own way - then we walk. Nothing about compromise or suggestions about what needs to be done or offered or even what needs to be changed - Just the same old old and stamping of feet, tears and a full tantrum. I hope they have the sense to have another vote which I suspect the CWU will not want as the posties I think will see sense (hopefully) Does it need to go to another vote or the soap box militants already got that one sewed up as well? Perhaps a strike is inevitable and is needed so that the public can see what is going on behind the scenes as they will soon lose sympathy if the demands are not reasonable.

Buy on rumour - sell on news !!

LSE is having its usual wrong closing figure LOL !

at a 12 month high !!

us smash the 460 mark??

Whoops sorry again, we just beat our two year high !!