Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
The ?? At end of last post was supposed to be a thumbs up.
Bought more shares at 267p ??.
I built my Tesco share holding up at between 218p and 228p about 13 to, 15 months ago.
With a bear market hitting share price, I think now is a good time to buy again.
Just my opinion.
@Cereus - That could be an indication that Tesco is absorbing some of the supplier price increases then. This would hit already thin margins and profit line.
Like any prediction on a share price movement circumstances can change and change any opinion you have.
So you will find that if someone gives an opinion it can change very quickly as changing circumstances change it.
As you said let’s wait for the April results. However I think the current share price move is a reflection on what people feel how trading figures after April will go. With inflation and high oil prices the margins will get even thinner for Tesco.
Like most people in the world I also have empathy for the people in Ukraine at this time.
I could discuss on why I think Putin has made the move he has and how it has turned into a huge error of judgement that’s costing people their lives.
I see next target of 270p in this downward spiral.
Well done ti all those that sold when share price hit 300p a few weeks ago.
I see inflation issues already being baked into the share price, it’s been current news for weeks. The same applies to oil costs ‘energy prices. Price if oil today has moved by 8%.
I think most of the movement is knee jerk reaction and as another poster has said the price will bounce back up again in a few days.
On a different subject I bought into Gold between $1200 and $1400 a few years back and I sold 30% when price hit $2,000 in 2020. Might consider selling another 30% when price hits high $1990’s today :-)
Why has Russia invading the Ukraine caused Tesco shares to nose dive today?
That was almost English.
Nothing can be taken as obvious in equities otherwise we would all be rich.
Over last 7 days it’s been falling back towards 285p.
Over next 6 months I see 315p.
Long term not sure. But long term Tesco have some issues to face via competition from Amazon , lidl, Aldi and Poundland.
We lived in Switzerland for 4 years and 90% of shops were in Lidl or Aldi. We figured that shopping in main supermarkets (Migros/COOP) we didn’t know the main brands. So why not shop in lidl/Aldi for less and also u.se brands we had never used prior. We were surprised by the quality we got. For large once every two month shops we drove into France and shopped in hyper market sized Carrefour for the huge variety and the exotic foods section aka British goods :-)
Just seen it hit 301p :-)
I was thinking 300p this week.
But I have seen 297p a few weeks ago and then a retreat.
Sainsbury’s popping above 300p today.
They called it correct last year when they said 290p by end of year (2021).
GOLDMAN SACHS RAISES TESCO PRICE TARGET TO 345 (340) PENCE - 'BUY'
A few analysts see 300p to 350p this year. Many predict an increase in dividends to match profit hitting above high forecast.
Sales up , market share up …..yet SP taking a hit over last two days.
My opinion is that markets is worrying about inflation and rising cost of living hitting retailers like Tesco this year and next.
Personally I think they will and are large enough to navigate way through this.
Share price falls on good news due to the shares having built into price the expected good news already and over cooked it.
Bit like knowing you have won the lotto , but not sure if it’s £100 million or shared between 10 people and £10 million. So you start planning as if it’s £75 million and when you find out it’s only (lol) £50 million you have to cut back on your plans for the private island and send a message to the estate agent you can’t afford some of the property they have sent you.
In today’s news section ;
GOLDMAN SACHS RAISES TESCO PRICE TARGET TO 340 (335) PENCE - 'BUY'
Tesco still gaining market share.
I think once the 300p barrier is broken then next target for me is 325p by Easter.
£5.66 a share?
https://uk.finance.yahoo.com/news/tesco-plc-lon-tsco-trading-123454093.html?guccounter=1