Tesco shares, when to buy?

easilyparted

What price to buy Tesco? I sold at the right time and am considering buying again, but can anyone suggest a price?

somethingcorporate

At a value lower than they are going to be in the future.

Tricky question and impossible to answer.

Thrugelmir

I don't shares on a price. I buy shares because I believe the Company offers good value at a given price.

What measurement are you basing your price on?

PeacefulWaters

It's a dog.

Thrugelmir

PeacefulWaters wrote: »

It's a dog.

Almost everything has a value.

robin58

A company which has lost it's way. _pale_

Bad accounting and a culture that allows it to be allowed.

Serious Fraud Office looking into company.

Suppliers doing their own audits about the supplying of goods to company.

Customers hate the company and are leaving it in droves,

Only time I can see anybody making money out of it, is when it is brought out.

To be honest, the hurt is not over yet. Personally I would invest my money elsewhere.

Sticking more money into this company will be like your user name OP.;)

jimjames

easilyparted wrote: »

What price to buy Tesco? I sold at the right time and am considering buying again, but can anyone suggest a price?

74.5p

Roughly speaking

robin58

Thrugelmir wrote: »

Almost everything has a value.

Not if your are trying to make money out of it.

Says a lot that the share price went UP after the SFO released the info they were investigating the company.

Gives the impression shareholders have more confidence in the SFO than the company itself.

And NO company is too big to fall !

Minrich

Too many doom merchants talking about Tesco . It still has 28% of the market even after all the bad stuff that has happened lately . It is just a blip that may take a while to resolve. Shares are not meant to be a method of investing to get a quick profit. We have held shares in Tesco for 15 years plus . I think Tesco is good value now but it could drop if more negative stuff appears. Lewis will get it sorted

davide691

Once it gets down to less than a quid - i.e., once:
- the sale of international operations (Asia, E.Europe) yields less than expected
- Aldi, Lidl, etc start grabbing serious UK market share
- UK margins get hammered
- it’s been forced to raise more capital

BLB53

Despite what the media vultures might have you believe, I think reports of its imminent demise are just plain wrong. Tesco still has a lot going for it - market share still around 28%,Tesco bank very profitable, ahead of the game in online shopping, tesco express is gaining traction, the value of hundreds of prime locations etc. and that's just the UK.

Remember they are a global business - joint ventures in India and China could be a huge source of profits in the future, market leading retailer in Thailand and Malasia and a close second in S Korea - 3 areas with a combined population over 3x the UK.

People here are fickle - shopping at Aldi/Lidl is a bit trendy at present but their combined share of the market is only around 10% despite a big increase over the past 2 or 3 yrs. When sentiment changes, many will return to Tesco (Sainsbury/Morrison).

Of course, the new management have a lot of work to turn things around and it may take a couple of years, but I am sure it will happen and the profits will return and the dividends will be reinstated... and the share price will recover.

IMHO, the current level of around 173p is good value for the long term investor.