The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Tesco is significantly turning things around for more growth and profit in the future. FACT. Yet I see the same names moaning on this BB for many months now as the share continues to steadily increase in value. Either you are short, delusional or have nothing better to do on a daily basis. Go grow some vegetables if Tesco produce is so bad.
Global stock recovery taking place (hopefully!), dividend announced, continued good profits, growth and the merge with Booker will create fantastic synergy. With this in mind I have bought back in at 199p. Could be horrendously wrong, but I hope not. Best wishes all.
I'd rather not follow trading patterns from an entity that buys are 1.4 and sells at 1.1, but yes, maybe they have found something interesting. Until then, it's just fluff. Let's get digging for some info !
Here mate, http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1516267679213425300.html
"The only alternative sometimes, is to abandon your shopping & quit the store." Is this satire or do you spontaneously crap your pants in Morrisons quite frequently? On the contrary, I am well prepared through years of potty training to avoid such situations (◔_◔)
True Fird. But I'm confident (like the majority of the market it would seem) in hedging our bet on the return of dividends and the upcoming Booker deal which will oversee major cost savings. Significant raising of the SP is happening, confidence is hopefully back. Now let's make some money ! p.s. You can check the offical Tesco website for this, "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."
The promise of 2017 TSCO dividends and an upcoming merger makes me very bullish on this company. Today's retrace in share price is perfectly healthy, check the 3-month chart for yourself and you can see it is trading well within its bounds yet still retaining its strong trend going up. Took some more this morning at 181.41 or something similar, here's to hoping to continued recovery in the coming months which can make us all happy as the SP continues to grow and hopefully pay some well awaited for dividends. ATB