Tesco who is buying and who is crying

sparkychris

Would it be dead clever to buy some shares today, or dead thick? I could spare £500 and am looking at leaving it for 20 years as it would form a little part of my pension...

If clever... How would I do it?

Thrugelmir

Glen_Clark wrote: »

On a more positive note maybe they could sub let part of their big supermarkets to franchises that don't compete directly with them, bringing in rent, and more customers

Hasn't that been Tesco's plan to a degree? Utilisation of space.

Glen_Clark

Thrugelmir wrote: »

Hasn't that been Tesco's plan to a degree? Utilisation of space.

I think so, but poorly executed with things like pricey coffee shops that make the store look expensive, even if it isn't.

Glen_Clark

sparkychris wrote: »

Would it be dead clever to buy some shares today, or dead thick? I could spare £500 and am looking at leaving it for 20 years as it would form a little part of my pension...

If clever... How would I do it?

Nobody really knows. But as a gamble the odds are pretty good. Cheapest way to do it would be to open an online share account.

Minrich

Well i thought £2.46 was a great price and was going to get 12000 , had second thoughts when doing the debit card deposit and opted to buy 6000. I have also bought previously at £3.20 and £3.23 some time ago . The shares are a top up (Dividend) for my wifes pension when it comes in a few years . That plan is now on hold and have £2.80 approx as a price that i would get out selling all shares in Tesco . That , in my opinion is a reasonable price to expect , but when ?
As far as "options prices" for Tesco staff has been
2013 - £3.22
2012 - £2.82
2011 - £3.64
2010 - £3.86
2009 - £3.28
2008 - £3.11

So no employee will be actually taking the shares when they mature every February , unless they are STUPID .
So does this have any actual effect on the business itself , i am thinking it doesn't ??

Morrison have now started to price match with aldi/lidl - This is what Tesco should be doing , or should it ?

Glen_Clark

Minrich wrote: »

Morrison have now started to price match with aldi/lidl -

Thats not quite how I read it. If Aldi is cheaper Morrisons put the difference in points on a card and when you have got £5 worth you can spend it instore.

Minrich

Yes , it was wife's info ! I looked into it too and saw what you have posted about ! Still a good move imho .

Thrugelmir

Minrich wrote: »

So does this have any actual effect on the business itself , i am thinking it doesn't ??

Tesco's issues the new shares for cash. So provides working capital for the group.

lesta1980

seriously thinking about investing in some now

Minrich

Well i have always bought Tesco when the shares fell as it was for the dividend and also to gain a bit when they went up . Having bought at £3.23 i should really be buying again now , but i am not , i have about £30k i had set aside to buy at £2 but i really am not very confident that they won't drop further . The company will still make about £2-2.3 billion this financial year so it must still be pretty good Company ?