Member Info for jonjo

Absolutely correct however if it manages to hit 1.95 then the £2 barrier should shortly follow IMO

'It's all looking up for Tesco,' commented analyst Neil Wilson at ETX Capital. 'Dave Lewis and co are confident Tesco has not only recovered but will continue to produce growth despite fierce competition.' 'The 1p-a-share interim dividend is not massive but it's a start and shows management is happy with where things are. Pre-tax profits surged from £71m to £562m, while group sales were up 0.7%.' 'We have, for a long time, liked the prospects of Tesco's new strategy under CEO Dave Lewis which he says this morning is 'firmly on track' to deliver,' added Ed Meier, manager of the Old Mutual UK Equity Income Fund. 'These results give confidence in underlying potential for earnings, cashflow and, yes, dividends.' Retail analyst at Quilter Cheviot Amisha Chohan concurred. 'Against a competitive market backdrop, we believe the stock has strong recovery potential and a management team capable of delivering it. We have confidence in Tesco's strategy.'

Bertram - 3 plus years ago is irrelevant this team has turned around this business massively and if you find yourself unable to appreciate that then perhaps you are on the wrong BB now off under that bridge with the other trolls please

Read the RNS

You are justifying correct should have read that the defasite had improved massively as it has done and is not the 7bn plus many trolls have been predicting but I am sure having read the RBS you would know that ! Great news whatever you think

All at Sea = You posted this on the 22nd of June: People just don't get it. Tesco is a disaster waiting to happen......�1.3 within 6 months but will sale my shares soon as it touches �1.5. Since then the SP has risen not fallen so I guess you did not get your �1.50 target to sell, another shorter with carbonised shorts methinks This was a great RNS which proves just about everything that the BOD has targeted has come to pass, overhead reductions, Profit increase, first dividend in years, increased market share,,,,,,,,,,,,,,,,,!! All the doom and gloom merchants have been blown out of the water thanks to our excellent and well focused team. The next few months and quarter will be pivotal and if they get the Bookers deal away that will be the cherry on the cake !!

for all those trolls who were banging the drum about the pension surplus rising to far fetched figures and levels of �7bn plus - Wrong Again, or profits dropping - again wrong, or them paying no dividend - so so wrong !! Last bit of the puzzle will be Bookers and whilst the shape of any deal may change dependant on what the regulators might say or want the deal IMO will be approved So sour lemons for you trolls to suck on because you are wrong on all counts

Lost at sea - anything you have to say seems to prove to be irrelevant - especially when you were shorting this to �1.50 and it went up - your shorts must still be smouldering after that little exercise LOL

old news based on previous management and irrelevant - current RNS makes it clear how well the new BOD are performing with profits up, dividend paid and reduction in debt etc.................................... Whats up are your shorts on fire? LOL !!

Nodinero: Here is some help for you on food inflation: In the RNS they stated: Tesco has the lowest level of food price inflation for customers amongst peers; c.1% lower than rest of market Trust that helps you - GL

Nodinero: Here is some help for you on food inflation: In the RNS they stated: Tesco has the lowest level of food price inflation for customers amongst peers; c.1% lower than rest of market Trust hat helps you - GL

No idea - perhaps you could do the analysis whilst the rest of us get on with celebrating the significance of this excellent news and RNS

No I don't work for the company and 80% did vote for a strike and got it and now the hot air and tit for tat will start as I stated and many weeks from now it will be settled at great cost to all parties. My point being is that it should have never come to this !

Opium - what a great RNS

Strike, which is now more or less built into the SP. Now for the hot air, tit for tat discussions, posturing, and all the rest of the same all sorts of rubbish that history tells us, and then at the end when both sides have lost lots of money, then and only then there will be a compromise and deal struck which on analysis could have been sorted out at the very beginning- Ho Hum

the 190 barrier first time for a while heading for £2 next

To make a 1bn profit whatever you say a company is doing something right and equally to pay a dividend equally so - those are facts - the ifs and maybes you put forward are less so - try looking at the bottom line profits, assets and the ability to pay dividends and you cannot argue the rest is supposition not facts !

You really quite a nasty piece of work aren't you, Tesco is profitable and it will pay a dividend, it has great and stable assets and has turned itself around to make 1bn in profit and is also the number one in the market. It's team is now first rate and about to do a deal with Booker - you don't have a share in any of this and are here as the local twisted troll who thinks his use of the word myopic will impress people Back under the bridge for another few lemons to suck on because nobody believes a scaremongering de ramper who refuses to put money where his mouth is lol !!

the land bank is an appreciating asset which Tesco owns - I am sure our very experienced BOD will choose the right time and place to sell if they want to or develop in the future, ever considered why it is called a land bank? One thing I do know they wont be taking advise from the likes of you.

Utter Drivel !!