so - when do we buy Tesco ?

[NVP]

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

 

[ffsear]

When they figure out if they are supermarket, or a bank or a mobile phone company or an insurance company.

 

[NVP]

When they figure out if they are supermarket, or a bank or a mobile phone company or an insurance company.

ff ............I hav'nt got that long to wait..........


ps what did the accountant say to the Chief exec prior to releasing the profit figures

"every little helps" rolleyes:

 

[Atilla]

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.

 

[Forexmospherian]

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]

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]

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).

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

Be interesting to see how they do over Christmas period and they are likely to have extraction costs from foreign excursions too.

 

[Forexmospherian]

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]

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]

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]

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

 

[Stargunner]

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]

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:

 

[Jack o'Clubs]

Off topic, but a good story, a friend of my parents had an accident in a supermarket car park when she reversed into the car parked in the space behind. Her excuse? It hadn't been there when she'd arrived...

 

[robster970]

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.......

 

[Atilla]

Nice to know I am not the only person that does this.......

Two peas in a pod springs to mind but I'm not clear on this.

You park next to isolated cars on the far side or like Jacko or you've parked your car next to some electrical pylons for too long?

 

[robster970]

I park the shiny car well away from where the masses park (near the entrance) on the other side of the car-park where nobody (usually) parks.

I'm not sure what you are talking about with the pylons though - are you ok? Do you need help?

;-)

 

[Atilla]

I park the shiny car well away from where the masses park (near the entrance) on the other side of the car-park where nobody (usually) parks.

I'm not sure what you are talking about with the pylons though - are you ok? Do you need help?

;-)

Beyond help so I'm told... :whistling

However, still confused - so in your attempts to park your car away from the masses do you park next to other shiny lil cars?

Personally, I ride a rusty old bike after having couple of good ones stolen. I also don't lock it as it happens. I make sure I park my bike next to good ones so it pales into insignificance.

The pylons may have something to do with electromagnetism but that's me being silly and obtuse. No need to mention tumbleweeds rolling through the car park.

 

[robster970]

Beyond help so I'm told... :whistling

However, still confused - so in your attempts to park your car away from the masses do you park next to other shiny lil cars?

Personally, I ride a rusty old bike after having couple of good ones stolen. I also don't lock it as it happens. I make sure I park my bike next to good ones so it pales into insignificance.

The pylons may have something to do with electromagnetism but that's me being silly and obtuse. No need to mention tumbleweeds rolling through the car park.

LOL no! I park MY shiny car on it's own, away from all the other cars. Often when I come back somebody elses NOT SHINY car is parked next to mine.

I park away from everyone else because they bash their doors into my doors because the parking spaces are tiny......

 

[Atilla]

LOL no! I park MY shiny car on it's own, away from all the other cars. Often when I come back somebody elses NOT SHINY car is parked next to mine.

I park away from everyone else because they bash their doors into my doors because the parking spaces are tiny......

I intensely dislike NCP car parks. Rip of Britain comes to mind. They suffocate town centres by charging stupid prices.

Council gets their fee from NCP on a long lease contract and whilst they - NCP get rich, rest of shops go poor unable to pay rates and start closing down. Bleeding council management don't have a clue or vision beyond what's in front of their noses. I'm sure back-handers are paid too.

NCP car parks have high prices with unrealistic space provided agreed.

Shopping car parks not so bad imo but don't drive much and I don't have shiny car. I may have forgotten to mention I'm an anti-car tree hugger too...