Member Info for Millcottage

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

The shares want to break through 290p this week it seems. I project above 300p in January when the Christmas trading results come in.

Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

FTSE 100

UBS STARTS KINGFISHER WITH 'NEUTRAL' - PRICE TARGET 338 PENCE

JEFFERIES RAISES TESCO PRICE TARGET TO 350 (330) PENCE - 'BUY'

Yes some resistance in breaking through to 290p at the moment.
Also noticed that Sainsbury shares have flopped a little and TSCO now above Sainsbury share price.
Tesco seem to be resisting the large falls Sainsbury SP are seeing.

Will we see 300p per share break through after Christmas trading figures are announced in January 2022?

Strike threat now off.

https://www.bbc.co.uk/news/business-59582288

Wishful thinking ?

What do you base your assumption on?

@Eddiee - As someone with feet in the Tesco camp , are you seeing a bigger footfall in store prior to Christmas this year than 2020?

Any gains are buried in the Covid related FTSE crash this morning.
Tesco down 1.85p as I type.

@Svend - They are saying when they looked share price made them (M&S) cheap, but since then the shares have risen and now not such a bargain.
Also an article mentioned they would want to split off food sales from clothing etc and that was not easy to achieve.

They have looked at Sainsbury and M&S , Tesco might be next :-

Looks like the impact of inflation on bottom line has pushed shares down today and probably yesterday also.
The expectation is that some of price increases will be absorbed by supermarkets rather than being passed on to consumers.

I expect the increases in market share and Christmas trading figures will bounce shares back to 290 to 300 after Christmas.

Just ignore him barchid.

I’m here to discuss Tesco , share price and influences on it (up and down).
Anything else is just background noise :-)

Back on subject I think we seeing some profit taking today , triggered by Amazon reports.
Opening 260 stores into an already saturated market and gaining market share is going to be a huge challenge for Amazon.
If they attack the low end value market then they have Aldi & Lidl , top end if dominated by Waitrose and M&S and middle market Sainsbury , Tesco , Asda and Morrison’s.
Small store convenience market is dominated by COOP.
Nor sure how they are going to squeeze into any of those markets and offer something new.

I see share price rebounding back this week.

@barchid - That makes sense and this article I just found reflects what you say.
99.9999% of people don’t care what Amazon does in space , they shop for cheapest prices.

Amazon makes most of its profits from AWS however , but they can certainly work on thin margins and hurt the big four in the uk.

https://www.fool.co.uk/2021/11/15/forget-tescos-cheap-share-price-id-rather-buy-other-ftse-100-shares/

What looked like positive news for Tesco , yet shares are down by 3.5p as I wrote and also Sainsbury’s taking a hit also.

Well said leas.

Just watching the share price of Tesco crash die right the advert and boycott …..
Oh my error it isn’t Lol

I blame the internet for giving the people who would normally be sat in parents basements with tin foil hats on rock back and forth ranting their conspiracy theories a platform to spread their garbage.
Even in this case using a forum about Tesco Shareprice predictions.
Sad really….sigh

Good luck with not being vaccinated.

Personally I’m vaccinated , protecting others and NHS resources.
Rather selfish not caring about above and only caging about yourself.

@leas - seen the same in Spain.

Regardless of the loons boycott threats the share price is basically unaffected today as expected.

Vaccinations do work , it’s simple science.
Just because the evidence of such drones meet your conspiracy theory then blame it on the media (the whole worlds media).
Do you know how stupid that sounds?
Every country in the world including Russia , China , USA , Japan, Israel , Australia , Brazil , every country in Europe ….. all working together including their media outlets (hundreds) to say the vaccine is effective when as you state ‘it don’t work’.
Yes sure ;-)

Maybe I can introduce you to my friend who is a African prince with £100 million stuck in a bank account lol

@Owl - Spot on.