so - when do we buy Tesco ?

NVP

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Jun 21, 2004
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#1
Tesco are down but they are not out ............i'm a forex man but buying opportunities come along rarely as good as this ;)

watch the PR and finance brigade throw all the remaining rubbish out now in this farce.............may as well have a clearance whilst the mood is low..................it cant get worse

SP is heading for 2003/2003 territory so wait for momentum to move up again and fill your boots

N
 

Atilla

Well-known member
Nov 15, 2006
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#4
When they figure out if they are supermarket, or a bank or a mobile phone company or an insurance company.

I'm tired of big shops and wondering if this is a general trend. Much prefer the small Co-op or Lidl stores. Can never quite find what I'm looking for in Tesco and Sainsbury's. Is it me or them, keep moving shelves around the store??? Could be dementure setting in I'd guess ;)

Can never find everything I want in Co-op or Lidl stores either but at least one is in and out and so much better value. Co-op for convenience and speed and Lidl for good value.

M&S knows their small food stores biggest money maker. I can't help thinking the biggies will need to go the same way. Especially on the high streets.

Have your big stores on retail parks but not in every town killing off small shops and causing massive traffic congestion.

Feel there is a shift in consumer habit and they - big stores, really need to get in step.
 
Oct 27, 2013
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#5
Hi N

I heard the Sports Direct and Newcastle FC owner Mike Ashley has taken a massive buy order via a put option on Tesco :)

Billionaires normally get it right - but not always :)

Stay with Forex - its a lot safer lol


Regards

F
 

Jack o'Clubs

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Sep 7, 2005
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#6
Tesco are down but they are not out ............i'm a forex man but buying opportunities come along rarely as good as this ;)

watch the PR and finance brigade throw all the remaining rubbish out now in this farce.............may as well have a clearance whilst the mood is low..................it cant get worse

SP is heading for 2003/2003 territory so wait for momentum to move up again and fill your boots

N
You have a new CEO and now the new CFO too. There will be definitely be a kitchen-sinking, plus the CEO has to come out with his turnaround strategy. This will have to involve more investment (capex) in the stores, and I think the dividend is at risk, and long term margins are likely to be guided lower. Some of that is in the price, but not all of it (especially the divi cut and margins). When it comes through (ie is discounted, not necessarily the announcements), then you're right, fill your boots time. I suggest it will be closer to 150p at that point, as the share price at the moment is tracking analyst earnings revisions, and they still have a way to go yet before all the above is accounted for ('scuse the pun).
 

Atilla

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Nov 15, 2006
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#7
You have a new CEO and now the new CFO too. There will be definitely be a kitchen-sinking, plus the CEO has to come out with his turnaround strategy. This will have to involve more investment (capex) in the stores, and I think the dividend is at risk, and long term margins are likely to be guided lower. Some of that is in the price, but not all of it (especially the divi cut and margins). When it comes through (ie is discounted, not necessarily the announcements), then you're right, fill your boots time. I suggest it will be closer to 150p at that point, as the share price at the moment is tracking analyst earnings revisions, and they still have a way to go yet before all the above is accounted for ('scuse the pun).

:LOL: had to read that twice to see if it was a spelling error :LOL:

Be interesting to see how they do over Christmas period and they are likely to have extraction costs from foreign excursions too.
 
Oct 27, 2013
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#8
No two ways about it - Aldi have shaken up the retail grocery /supermarkets in the UK

Catering for the working man ( ie not like Waitrose ) my local branch as just gone from strength to strength in last 3 years even against new 24 her Asda 's and Sainsbury's

Trouble is the car parks are too small and m local branch seems to be full of Porsche Cayennes and Mercs and BMW's
 

Jack o'Clubs

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Sep 7, 2005
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#9
Hi N

I heard the Sports Direct and Newcastle FC owner Mike Ashley has taken a massive buy order via a put option on Tesco :)

Billionaires normally get it right - but not always :)

Stay with Forex - its a lot safer lol


Regards

F
I think he's trying to replicate the 100x leverage you can get on forex...

He doesn't always get it right either cf HBOS (although he's probably got more of an insight into retail than banking sub-prime exposure...)
 

Jack o'Clubs

Well-known member
Sep 7, 2005
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#10
No two ways about it - Aldi have shaken up the retail grocery /supermarkets in the UK

Catering for the working man ( ie not like Waitrose ) my local branch as just gone from strength to strength in last 3 years even against new 24 her Asda 's and Sainsbury's

Trouble is the car parks are too small and m local branch seems to be full of Porsche Cayennes and Mercs and BMW's
Our car is covered with door dings from idiots parked alongside. Forget cheaper price, or better range, I'll shop anywhere that increases the width of its car parking spaces by 50%!

Sometimes I take my 'nice' car in on the way back from work, rather than the missus using the family car, so I always put it at the @rse end of the car-park, well away from anything else. When I come back, there's nearly always someone parked next to me, it's like a bloody magnet.
 

Atilla

Well-known member
Nov 15, 2006
18,260
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#11
No two ways about it - Aldi have shaken up the retail grocery /supermarkets in the UK

Catering for the working man ( ie not like Waitrose ) my local branch as just gone from strength to strength in last 3 years even against new 24 her Asda 's and Sainsbury's

Trouble is the car parks are too small and m local branch seems to be full of Porsche Cayennes and Mercs and BMW's

Quite a few have cycle racks though (y)
 

Stargunner

Active member
Jan 11, 2014
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#12
So yes, Mike Ashley took out a deal which essentially is long on TSCO. I was very interested when I heard this through Bloomberg yesterday, but then I remembered he's a massive gambler. Surprisingly SportsDirect made a statement about his bet though.

I think sell side momentum is declining, and oscillators are obviously saying we're way oversold. Maybe we should look to valuation models or if you want chart confirmation, buy the bullish divergence of price/MACD?
 

Atilla

Well-known member
Nov 15, 2006
18,260
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#13
So yes, Mike Ashley took out a deal which essentially is long on TSCO. I was very interested when I heard this through Bloomberg yesterday, but then I remembered he's a massive gambler. Surprisingly SportsDirect made a statement about his bet though.

I think sell side momentum is declining, and oscillators are obviously saying we're way oversold. Maybe we should look to valuation models or if you want chart confirmation, buy the bullish divergence of price/MACD?
Wouldn't be surprised if Tesco commission floor space to likes of Sports Direct.

They are big enough and would make more money on rent then trying to sell wider tacky range at high cost - which savvy consumers now able to buy in poundland.

I recently bought ear plugs at boots and paid £3.95 for three little ear defenders. Saw dozen of them for a pound at Poundland. Better at cutting out noise too. Felt well mugged. Much prefer to give my money to an honest crook... :cheesy:
 

robster970

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Dec 26, 2008
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#15
Sometimes I take my 'nice' car in on the way back from work, rather than the missus using the family car, so I always put it at the @rse end of the car-park, well away from anything else. When I come back, there's nearly always someone parked next to me, it's like a bloody magnet.
Nice to know I am not the only person that does this.......