Member Info for Millcottage

Jabs don’t work ?
Please provide citation.

People stating that the jabs don’t work , don’t understand how vaccines work.
It’s like the illiterate claiming that reading doesn’t educate you lol

The Covid-19 vaccines obviously work and the stats from around the world support it.

I can’t see the boycott threat of a few swivel eyed anti-science loons impacting Tesco’s bottom line ??

I bought the shares starting in December 2020 for between 218 and 228.
It was supposed to be a short term flip , but I had a hunch they were very under valued and with analysts stating 300 plus I have held for almost 12 months now.
My sell point is 310.

While the worlds population grows we will always need growth in the worlds economies.
This growth will come mainly from using the Earths resources to create things such as turning rain forests into farmland.

Logan’s Run maybe :-)

@monimam - Can you stop S-a Ming these threads with your ramblings on eating meat please.
They are designed for investors to exchange information on companies they have shares in, not your ramblings.

Not sure what this thread has to do with the Tesco share price?

However until the elephant in the room is dealt with that is the over population of earth.
The human population needs to be 50% of what it is currently .

Sainsburys have the mill stone of Argos hanging around its neck. Supply chain issues and inflation cutting margins at argos might be negating the share price ?

Largest shareholders ;

Major shareholders % holding
BlackRock, Inc. 6.64
Fidelity International (FIL Limited) 3.04
Norges Bank 2.99
Schroders plc 4.99
Based on shareholder notifications received by Tesco PLC, as at 28 July 2021.

Today was ….

Description of shares:

Tesco PLC - ordinary shares of 6 1/3 pence

Date of transaction

22 October 2021

Number of Shares purchased:

2,275,000

Average price paid per Share (pence):

270.83p

Highest price paid per Share (pence):

271.95p

Lowest price paid per Share (pence):

269.55p

Broker:

Citigroup Global Markets Limited

The buying pattern this week so far has been ;
18th October - 1.6 million shares
19th October - 1.6 million shares
20th October - 1.8 million shares
21st October - 2.2 million shares

At the moment I can see that being achievable.
Many brokers predicting 300 to 320p share price.
Tesco looking healthy at the moment and with £500 million share buy back helping to support share price.

I bought in between 218p and 228p between December 2020 and May 2021.
In for £10k.

If they buy at a rate of 1.6 million shares a day that’s approx £4.5 million a day based on today’s share price.
So that would mean the share buy back will go on for approx 22 weeks or say 20 weeks based on rising share price.

From the RNS alerts it shows Tesco share buyback was 1.6 million shares on the 18th and 1.6 million on the 19th so far.

Like Amazon, they have a huge potential market to sell into world wide.
Wise investment by Tesco that could pay off well in the future.

Wonder if it uses Amazon technology?

The whole reason Amazon opened/trailed demo stores was to showcase the tech. I read it’s a 100 billion market they can sell into.

I agree.
Having pension black hole plugged removes that liability problem and draw on profits in the future.

Slight dip this morning with Sainsbury also down by same amount. I th9nk this is due to the nervousness with supply chain issues after ONS report saying 1 in 6 had struggled to buy essentials in last few weeks.
If they go sub 270p then a good buying opportunity for a 10% gain when shares hit 300p plus in next few months.

I did the same and used the proceeds from the special dividend to buy more stock :-)
Bought in for between 218p and 228p over a period between December 2020 and June 2021.

Buy backs also eliminate shares you have to pay dividends on.
I worked for one company that paid a dividend of equivalent to 5% on shares at the SP and borrowed money at 1% to buy back shares that eliminated them paying out a 5% dividend.
If that makes sense?

I prefer the typo £23 :-)

Explaining to wife you have just bought Tesco on ebay for £23 including postage.