Tesco shares, when to buy?

Minrich

Well for the last ten years its been around 4 months average , we haven't paid . Whatever it is now we're not that bothered .

EDIT....

We see that there is a tax free bonus this year , as you say 0.6 times our monthly saving , so £300 . This is ADDED to the pot too , so 5yrs x £500pm x 12 + £300 = £30300
In the past they have not increased the pot , they have just not taken the last few payments , so we have had £50pm x 12 x 5yrs = £3000 (We only having saved about £2800)
Will it be the same in 5 years , who knows ?

Has the SAYE scheme changed this year then with the 0.6 x monthly replacing the several months contributions not paid by the saver ? (This year the 5 yr 2009 scheme matures on 01/02/15 - wife hasn't paid the £50 into the scheme last pay day , this pay day (28/11/14) and assume not on 26/12 and 23/01 )

worldtraveller

Tesco sp down 15% at opening today on another profit warning. It's recovered slightly, but still down around 12%.

The company said that profits for the year to the end of February will now be less than £1.4 billion, far below the £2 billion expected by analysts.

caileag

Minrich wrote: »

Has the SAYE scheme changed this year then with the 0.6 x monthly replacing the several months contributions not paid by the saver ?

Yes, that is my understanding.

ariba10

Profits down to £3,800,000 a day.

Perhaps we should start a food bank for them?

FLAPJACK

I hear from next week you will be able to buy TESCO shares three for the price of two.

Thrugelmir

FLAPJACK wrote: »

I hear from next week you will be able to buy TESCO shares three for the price of two.

Tesco's are rumoured to be considering issuing shares in exchange for clubcard points in order to bolster the balance sheet.

scragend

FLAPJACK wrote: »

I hear from next week you will be able to buy TESCO shares three for the price of two.

They're still cheaper at Lidl though.

FLAPJACK

Joking aside..... Lidl could be a good buy the way things are going....if only they were on the market.

I asked the manager of the local Lidl how they can maintain such so reasonable prices for (in the main) decent goods. The answer was the buying power of Lidl is massive in europe, compared with the likes of Tesco...apparently Lidl have 9000 stores throughout europe.

Putting it like that Tescos begin to look small....particularly as their US outfit failed.

As was mentioned once on TV.....what American woman (or any woman) would like to be seen carrying a bag with "Fresh and Easy" on the side?......means a lot more in the states than here I know, but where were Tesco's US marketing people??

Ryan_Futuristics

If Tescos is to recover, it'll be a long slow ride back up ... i.e. No point trying to time the bottom when there might not be one

Only way to invest would be trend following

Basically wait till it's on the rise - you could use the point the SMA 50 crosses the SMA 200 ... Otherwise it's got value trap written all over it (imo)

TheTracker

I wouldn't consider buying a stock in a single company unless I had 2-3m in a portfolio, and even then probably not. Tesco, apple, Google, Tony's pizzaria. What you'd be saying is you know better than all the other people who currently do, and indeed do not, hold stock. Including those with inside knowledge, and believe me they do exist.

Where do you see the supermarket/grocery market going? You'd have a better chance at dart throwing with that level of granularity.