Tesco shares hammered

srcandas

gadgetmind wrote: »

That £1 deal is a loss leading for HL and I doubt you'll beat it anywhere else. I use HL for (low frequency!) share dealing and it all works very well.

Tx gadgetmind. Am I right in thinking that there are only transaction charges? No hidden management grabs of my money?

A £1 deal seemed to good to be true. Obviously later it will be £12 to sell (based on today's charges) but as a package seems good :beer:

sabretoothtigger

Is it 1 quid for Jan or for a month after
nm i see it now

unlikely to be interested in anything other than Tescos

Brand name betting is not usually a good idea. You know tesco from their shops but you dont know the shares or the company that operates them and so on. I'd suggest putting the money into premium bonds where you might win a million and cannot lose your money

gadgetmind

srcandas wrote: »

Tx gadgetmind. Am I right in thinking that there are only transaction charges? No hidden management grabs of my money?

In an ISA, they'd charge 0.5% pa for holding those shares, but there are (currently!) no fees for holding in a "Vantage Fund and Share" account. They kind of hope you'll hold funds and generate them income, or also have an ISA or SIPP, but you can just have the basic share account, make one purchase, and then keep on holding the shares and collecting the dividends.

srcandas

sabretoothtigger wrote: »

Is it 1 quid for Jan or for a month after
nm i see it now





Brand name betting is not usually a good idea. You know tesco from their shops but you dont know the shares or the company that operates them and so on. I'd suggest putting the money into premium bonds where you might win a million and cannot lose your money

Sabre sadly with Premium bonds you do loose money - the inflation gets us all in the end

I must admit that if I had time then researching companies and other investments might be fun but I don't see it as necessary for me or any small investor - and I doubt I'd be good at it. Much more reliable for me to study actions and reactions.

But sabre don't worry my beer money is safe :beer:

Tx gadgetmind. Think I'll go for it

Glen_Clark

sabretoothtigger wrote: »

........ VED KAZ BHP FXPO and XTA are still too cheap I reckon.........

Well Done :T every one of those has risen since you posted that - average rise 5.6%

Hope you didn't sell the Lloyds too early :eek:

Glen_Clark

sabretoothtigger wrote: »

VED KAZ BHP FXPO and XTA are still too cheap I reckon

Now showing an average gain of 14.24% :T



Then Now %change
VED 1085 1313 21.01
KAZ 1052 1197 13.78
BHP 3660 3821 4.40
FXPO 321 365.5 13.86
XTA 1063 1256 18.16
[FONT=&quot] average = +14.24[/FONT]%

sabretoothtigger

Xmas was a lull so it was a good bet in general a rise was possible.

All of those are commodity stocks, watch how nasty they can get in a falling market, very volatile (watch greece news, etc). 14% is small fry, they can move 10% in one day sometimes Long term I like them anyway.

XTA is still too cheap, its now in a takeover bid scenario but if you look back they have been £40 a share in the past. I think in distant future too hence Glencore are not bad to buy them

BHP is my fav of the whole lot, seems safest. FXPO I put a sell for 380 to take some profits, they can go much higher but would be nice to sell and rebuy lower first
VED very cheap but India is challenging, lots of debt I think but commoditys should yield better then cash.
Kaz also incredibly stupidly cheap but not exactly a democratic country, they own 25% of ENRC


Bid talk helps the whole sector as it utilises balance sheet funds into the share price, its nice to ride that or at least speculate - http://www.businessweek.com/news/2012-02-06/glencore-xstrata-pursue-merger-as-speculation-mounts-deal-near.html

Glen_Clark

sabretoothtigger wrote: »

Xmas was a lull so it was a good bet in general a rise was possible.

All of those are commodity stocks, watch how nasty they can get in a falling market, very volatile (watch greece news, etc). 14% is small fry, they can move 10% in one day sometimes Long term I like them anyway.

XTA is still too cheap, its now in a takeover bid scenario but if you look back they have been £40 a share in the past. I think in distant future too hence Glencore are not bad to buy them

BHP is my fav of the whole lot, seems safest. FXPO I put a sell for 380 to take some profits, they can go much higher but would be nice to sell and rebuy lower first
VED very cheap but India is challenging, lots of debt I think but commoditys should yield better then cash.
Kaz also incredibly stupidly cheap but not exactly a democratic country, they own 25% of ENRC


Bid talk helps the whole sector as it utilises balance sheet funds into the share price, its nice to ride that or at least speculate - http://www.businessweek.com/news/2012-02-06/glencore-xstrata-pursue-merger-as-speculation-mounts-deal-near.html

Very Good. But, rightly or wrongly, I am reluctant to invest in Glencore because they are so very secretive. In your link they typically declined to comment on the takeover, and in the Glencore float they spent a fortune on lawyers injunctions. Legal injunctions remind me of Robert Maxwell. I wonder what they want to keep secret, and how it would affect the share price if it came out.
I don't like to invest in things I don't understand, and I certainly don't understand Glencore.

Glen_Clark

oldvicar wrote: »

Tesco stores now remind me of a jumbo version of Kwik-Save at the start of their painful decline.

Kwik Save failed because they were head to head against new entrants hard discounters Aldi, Lidl and Netto who were more efficient.
Tesco is not in such direct competition with them because they don't have the size of stores to compete with Tesco on range. In the stores where there is a hard discounter nearby Tesco already has value range which matches them on price.

atush

I find all the anti Tesco sentiment around a bit funny. Not because I am a past aand now current shareholder.

But more because I wonder how many of you out there have had to livein places where there wasn't a tesco? Where the was a monopoly by a small retailer who could sell what they wanted at whatever price they wanted? Or maybe a place with only 2 grocers?


I have, and as a consumer having a Tesco has improved my retail experience. I still try and use local shops (mainly because my tesco is 20 miles away) but you'd be surprised at how many times they don't have what you need or want. Or at a price you want to pay.