Member Info for leas

Many shoppers will be taking advantage of the new Valentine Meal Deal at TSCO which pretty much covers every dietary preference. Plant based diets, Fish and Meat. Alcoholic and non alcoholic. Footfall in February should continue to be high as pubs and restaurants remain shut. No doubt an advertising campaign will be underway in the next few days.

https://www.dailyrecord.co.uk/lifestyle/money/tesco-launches-15-valentines-day-23392462

Good luck Spindler with your next investment. Profit is a profit.

‘ anyone hearing rumours of a merger? US company ..’

Not until you mentioned it without elaborating a little. I know you haven’t heard the rumour down the pub though. ;)

prussell
Had MARS in the past and JET2. They are both still my preferred recovery companies. Had a trade with the latter last year and sold on the run up to £10.
TSCO will be my yielding company so the SD is just a distraction in the short term. My average is 2.27.
Good luck with your other investments.

prussell
Have my eye on a couple of hospitality too and one airline travel company. I’m sure you are aware that some hospitality companies have shareholders preference schemes, so you can get drunk at a discounted rate as you see their sp fall :)

prussell
I am sure the CFO and the BoD have taken advice from the city and done their due diligence in this matter. We have had a few recent RNS announcements on debt restructuring and the proposal to buy their own shares that will be voted upon on the 11th Feb. We will then have a reduction in pension costs and the reduction in shares that will make the EPS look more attractive. The current CFO looks like he is 'putting the house on order' before he hands over to Imran Nawaz in April.
It would not surprise me if we see further cost cutting decisions before that date.
Lots of positives if you hold but if not just wait a little longer before the GM next month. Can I ask how you intend reinvesting the cash if you do? Which other company? Fully understand if you choose to ignore.

CyCoXX
lots of chatter of private investors selling yesterday when the sp was 2.38. As I type the sp is 2.47. There are quite a few trading days left before the 11th Feb so I would sit tight and wait. Not many companies out there at the moment that offer some protection in these turbulent times unless you buy back into the same sector.

No worries Gary . By the way it did drop to 2.38p today. I think if the market saw it as a bad decision for TSCO to return cash to shareholders then today they had the perfect opportunity to drop the sp in line with other ftse companies.

Prospecting
Surely with the spread and dealing charge would it really be worth it? Any gains is going to charity so I won’t be too bothered.

Gary
You have a cast iron guarantee that you will return a profit. If that village idiot on the LLOY bb advises you to invest there because TSCO are overvalued then based on his usual history of getting things wrong you can sleep easily.
Then again a broken clock tells the correct time twice a day. Good luck in any case wherever you choose to invest your hard earned cash.

Great news if the dividend was reinstated but not do great for those private investors buying 12 months ago at 70p.
A dividend announcement at best will reverse this death by a thousand cuts down trend.

Rosewall
In fairness the most elderly and vulnerable citizens have been the priority and if there were any risks then they would exaggerate any side effects.
The army and Police will be last together with the Political classes just in case. ;)

Spindler
Difficult to determine today when the sp range is not as tight today. Usually by 5.30 the institutional size trades have been published. Last week I can confidently say they were buys.
As for possibility of increasing the yield I’m assuming profits will be bigger this year with lockdowns.
Always a possibility of buying back their own outstanding shares as mentioned in the RNS

Mike
Thank you for sharing your thoughts and taking the time to post them.
Pretty much sums it up and of course every investor has a different financial position that will ultimately decide on how to proceed.
All this chat about today’s news is overshadowing the positives and some investors may be spooked into selling. TSCO have sold 2 loss making businesses, paid some cash into the Pension pot and reduced running costs of it. EPS will be better which should attract more institutional investors with many having annuity payments to honour.
Free float reduced.
The yield may be increased to reflect the consolidation and as proposed today the option to buy their own shares.
I could go on about the fragile wider over priced markets and savers that will be looking elsewhere to get an income from their cash as negative interest rates loom.

Not forgetting that approx 4000 shares will not be taxed if you have not used up your annual dividend allowance.

gg
that’s how I see it. Despite them being loss making they were sold at a profit. Getting a little tiresome now but anyone who thinks a couple of directors have got together and called it a dividend must be naive.
The CFO and city accountants have done their due diligence and have used that term because of legal obligations.

Earnings per share will be higher which will or should attract more money from the city. Will be interested if the yield will increase by the percentage number of the share consolidation. A yield of about 4% has to be attractive to any investor especially when all that money is sat in a bank account earning nothing.
I guess those private investors that thought buying in the short term just for the SD will move on and the institutions mop up those shares a little cheaper.

Gary
I have left my opinion on the LLOY bb which is likely to go down like a fart in a spacesuit (thanks Big Yin) :)

Gary
TSCO are restructuring debt, reducing pension costs, increasing online sales and home delivery capacity, returning 51p a share to shareholders from it's Asia businesses sale. They will also continue to pay their annual yield of circa 4%. TSCO have stores throughout the world including China and Japan. If you think the retailer is just the supermarket you see in your local town then you're very much mistaken. It has a logistics company and owns Bookers Wholesaler. It has a banking arm that is currently losing money which I think will be sold off in the not to distant future. A simple google search will return a list of companies TSCO owns which the majority of people do not realise.
It is also getting a good reputation for its plant based food range as it recognises the future growth potential as shoppers demand more sustainable healthier food.
Also too many investors are making the assumption that this pandemic will be over once the vaccine program is fully rolled out. The truth is, we do not know if we are at the beginning, middle or end as new strains develop.
Repossessions are expected to be 10 fold this year that will hit banks hard that are purely focused on the retail side of banking not forgetting the likelihood of zero or negative interest rates for many months to come.

LLOY is 35p for a reason. The market is telling you that. It doesn't lie. Being cheap is not a sound reason to invest. It may have been many £s years ago but because a fool keeps shouting 71p in 2021 doesn't mean it will be. DYOR of course but being in this sector in these unchartered waters is very risky. The world indices are at a all time high at a time when the world economy is f@ok£d. Ask yourselves why?

'purchases reported after the bell'.....