Member Info for jonjo

now in profit after xxx years - now where shall I spend that xxx pounds LOL

now in profit after xxx years - now where shall I spend that xxx pounds LOL

Liddle overtake Waitrose - like that makes any difference to the UK leading grocer - this company has come a long way and is turning around with the promise of dividends along the way. £2 next stop !

Lol

Taken from the Tesco site at https://www.tescoplc.com/investors/share-price-information/share-price/ on the 22nd of August at 14.32

The Company’s last dividend payment was made in December 2014. Further information on historical dividends can be found here. We announced in January 2017, reflecting on the Company’s improved performance and the Board’s confidence in its future prospects, that the Board has reviewed the Company’s dividend policy and intends to recommence paying dividends in respect of the financial year 2017/18.

I hear Elvis is still alive and living in Dorking !!

So what was your post on Thursday 12.10 all about ??

how does that comment square with your previous comment - makes no sense ??

Just to clarify on my previous post - No I do not believe they will go back on paying a dividend and I do think that alone will take the price well over the £2.00 mark !!

IMO - NO !!

If we can hold the range of the 1.80's I will be very happy but let's see

Hopefully we will see plus 180 by the end of the week ?

Absolutely, Tesco (despite the doomsayers predictions) will IMO pay a dividend, and the Booker deal will go through although probably with conditions but we will see plus £2 in the run up to the two events mentioned above and we will see the tactics currently starting to work a positive upturn. IMO, DYOR

rbrand - childish, not relevant and most of all puerile, yet another reason why you should not bother posting on this BB

Perhaps you and Bruce are right in your analysis what I object to is so called doom and gloom posts saying that the SP will drop to 1.5 in a week and down to £1 in a space of a few months based on no evidence. I believe we will see the return of a divi and further more I don't see the UK's biggest grocer going bust in short order as some have suggested. I am invested and IMO I believe the current team are doing a great job in turning around a pretty dire position with the dodgy accounts and many other issues in the process. IMO this will rise with or without the booker deal and I do expect the eventual deal with booker deal to have conditions attached such as the selling off of some parts of the business post any descision of the mergers commission which is normal in many of the larger takeovers or mergers. My out price is £2.25 which I believe I will get and in doing so I don't need to talk down any deal to £1.50 or below to get a low entry price to achieve that goal IMO GL to both of you and let's indeed see where we are by the end of the year. As to who is right or wrong I don't care just in this to make money and to do that you have to put your money where your mouth is including getting a divi along the way. Jonjo

Sorry but I disagree, not because of a possible monopoly issue which so far there is no indication as such but because you made your comment based on so called fact rather than IMO and thus trying to use it as a scare tactic. If you are not holding or not invested I politely suggest you go and post elsewhere unless you are still trying to get in at your predicted range of between £1 - £1.50 which buddy is not IMO going to happen

ITS called research - this company will in my opinion will be bought and still supply the major supermarkets !!!.............: Christopher Williams, chief business correspondent 5 AUGUST 2017 • 7:22PM Troubled grocery wholesale giant Palmer & Harvey has drawn up plans to slash costs in an attempt to secure a £100m cash lifeline from investors, according to documents seen by The ­Sunday Telegraph. The employee-owned company, which has a turnover of £4.5bn and 4,000 staff, is fighting for its future ­under the weight of heavy debts and the growing threat of a big supermarket onslaught in its market. An investment presentation dubbed “Project Cyrus” revealed Palmer & Harvey made a pre-tax loss of £56m last year and expects to lose more than £27m in 2018. ADVERTISING The company’s management has ­appealed to turnaround specialists to inject £100m to help it reignite growth. The documents reveal Palmer & Harvey has pledged to make deep cuts in a bid to win investment. It has until the end of September before its lenders step in, and must repay further debts to cigarette giants Imperial Tobacco and Japan Tobacco next year. The wholesaler plans to cut £8.2m of costs from its operations this year. Next year it has pledged to slash 15pc of head office overheads, including staff, and to drop more than 3,000 product lines to simplify its warehouses. Palmer & Harvey told potential investors it had a “very deliverable” plan to restore profitability. Turnaround sources said industry upheaval, such as Tesco’s takeover of rival Booker, had put off some investors, however. Palmer & Harvey ­declined to comment

OH dear me BJ so we should all base the section on the Tesco/Booker deal on a reducing market segment which relates to smokers where E-cigarettes are increasing and cigarettes are reducing? As I suggested there is no RNS and I am more than happy with the team at Tesco negotiating the deal rather than listen to a very weak argument based on your very limited research that leads you to say that the Tesco/Booker deal is dead which clearly it is not.? Just out of interest how much of those profits of Booker/Tesco come from the sale of cigarettes ? Also if this is a profit issue it will affect all retailers (Like Corner Shops) not just the likes of Tesco and Booker, so your argument is IMO irrelevant. The takeover panel will not take any notice of the smoking issue as a reason to say no and both companies will have already understood the effects on both companies margins in any deal that will be done (and also find alternative suppliers who will be glade to have there business). By the way are you invested because your constant bashing of this share leads me to believe that you are shorting because if you are a holder like me you will be very happy to see this deal succeed. To summarise this deal is very much alive and your comments are based on no relevant knowledge that I know of and more importantly not been commented on by either Tesco or Booker as any reason not to proceed hense no RNS. Please in future try to stick to comments relating to facts released by the company or relevant sources rather than speculation, and if you insist on making dire warnings on the collapse of a merger then | suggest you caveat it by stating this is in your opinion or IMO for short.

BJ - Still waiting for the RNS pointing out that the Booker deal is dead. You really should back up these wild statements with some facts please