so - when do we buy Tesco ?

Apr 16, 2014
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#34
Just before the next results,which I think are due in Feb,could be a good time.Too early at the moment.Wouldn't surprise me to see a fall to 150/160 along with a general fall in the stock market.
 
Aug 29, 2014
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#35
But I stand by me comments on the underlying even with the knowledge of Blackrock's imminent divestment.
Just in case my nuance has been missed. Why do you think Blackrock would announce their intent to sell a chunk of their 5% holding in Tesco? What effect do you think that will have on the price? Can you think of a strategy concomitant with that expected result that might provide an commercial advantage to Blackrock?
 

Jack o'Clubs

Well-known member
Sep 7, 2005
1,554
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#38
If I may - what might you be thinking & feeling about FB, TWTR and BABA, dear Jacko?
Sorry Atilla I've never spent any time looking at them because it's one sector where valuations and fundamentals can detach for considerable periods given all the value is in the out-years. So you can be 'right' but lose a bloody fortune before proved so, Tony Dye and all that. I much prefer 'traditional' sectors where it's much easier to model the business, assess where consensus is probably wrong, and trade accordingly - you can compensate for lack of volatility by using leverage if you like.
 
Likes: Atilla

Stargunner

Active member
Jan 11, 2014
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#42
I'm hoping to see a 170-160 downside price target and will buy physical shares. Maybe also spreadbetting if momentum picks up. I'm hoping it will get to 170, but I don't think FTSE has much to fall right now, so I'm not short anymore.

For reference Tesco's beta suggests it is roughly in line with the market, but not as sensitive as the market. Depending on time frame you're looking at figures between 0.75 and 0.95
 

dentist007

Well-known member
Mar 25, 2003
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#43
I'm hoping to see a 170-160 downside price target and will buy physical shares. Maybe also spreadbetting if momentum picks up. I'm hoping it will get to 170, but I don't think FTSE has much to fall right now, so I'm not short anymore.

For reference Tesco's beta suggests it is roughly in line with the market, but not as sensitive as the market. Depending on time frame you're looking at figures between 0.75 and 0.95
you had better not tell Mike Ashley that you want 170p.......lol
Tesco will soon be called Sports Direct Grocery.....
 
Aug 29, 2014
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#45
Bit of cologne under the armpits before I head back out for the evening. The boys in the office have fixed me up with a hostess. No, really, none of that, just an ambassador for NY. She's sweet, really cute and I haven't the heart to tell her I know the city like the back of me hand. It's also rather a shrewd move cos if they'd left me to me own devices, lord knows what or who I'd be gettin up ta.