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Tesco Shares

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  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i have held both Tesco and Morrisons in the past. bought on dips and sold at a profit. i bought a fair chunk of Tesco after their 'crisis' as i thought they were oversold, and made some more profit.....i was thinking to buy back in if/when they dipped, but then came to the conclusion that the only retail company to be invested in is amazon.
  • Minrich wrote: »
    . Why is that a UK company gets this bad feeling from the UK ?

    Why has ALDI almost developed an "own brand" loyalty form it's followers?.

    Value for money, for people that just want above average quality and simplicity at a reasonable price? I am not so sure they aren't beginning to stray away from that philosophy.

    Tesco was a value retailer in the distant past it morphed into something above it's station and prices followed. It then added multiple lines, costly mega sites and lost its roots. Whilst people like choice and variety the majority can only stretch so far without searching out alternatives. It's direct offering used to provide competitive pricing and reasonable range even that seems to have been hijacked.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • talexuser
    talexuser Posts: 3,528 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Was in a huge Tesco superstore with tons of stock yesterday and could walk around ailes alone. Noticed many prices on non food were uncompetitive, not the value they were a few years ago, Sainsbury also cheaper on various things I noticed. Amazingly my local Waitrose is pretty competitive with Sainsbury lately. My feeling about Tesco is once you've been at the top there is only one way to go and it needs turning around - similar to Marks & Sparks.
  • Regardless of the name of the company, regardless of the sector they are in, and regardless of how you and others judge their future prospects: holding all your investment in one single share is ludicrously high risk.
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker


    Lloyds is not down 98% anymore. Im not convinced they will stay down permanently, I think a return to some of the 2008 prices are possible eventually if they restore a working bank model and hold now a significant increase of market share over last decade

    That would make them more valuable than Apple! They are currently worth £53bn. I con't see where the extra valuation is going to come from. What was it worth in 2008? Probably not much more.
  • Archi_Bald wrote: »
    Regardless of the name of the company, regardless of the sector they are in, and regardless of how you and others judge their future prospects: holding all your investment in one single share is ludicrously high risk.

    In an article I read about ISA millionaires that is how one of the top millionaires accumulated wealth. By holding only a handful of single shares. Five of less. They obviously thought it was worth the risk and they are laughing all the way to The Leeds
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    In an article I read about ISA millionaires that is how one of the top millionaires accumulated wealth. By holding only a handful of single shares. Five of less. They obviously thought it was worth the risk and they are laughing all the way to The Leeds
    So, quite clearly, not one share alone.
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    There is nothing wrong with buying some shares in the company you work for through a share purchase scheme. They are generally good value for money. It's about sharing risk and reward and being part of something. You can minimise any risk by selling stright away if it worries you.
  • opinions4u wrote: »
    So, quite clearly, not one share alone.

    My sister owns only one share. It is in Abbey National now Santander. She isnt a millionaire on them though.
  • Glen_Clark wrote: »
    Tescos problem, as a middle of the road retailer, is that as the gap between rich and poor gets wider, Tescos rich customers are going to Waitrose, and their poor ones going to Aldi & Lidl http://www.youtube.com/watch?v=RKsGKERivTQ
    I'm not rich and I don't go to Tesco, Aldi or Lidl but do go to Waitrose and Morrisons! Mind you, I only go to Waitrose because of the wife and she seems to be under the misconception that we ARE rich!!!!!! My wife reckons the quality at Waitrose is better but I reckon she likes to think she's "upper class" whilst I choose waitrose because it's the only supermarket where I can get a decent cake and cup of tea (which is the only thing that would attract me to any supermarket)!
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