Tesco (TSCO)

Tesco on the Web and Social Media

Tesco News, Fundamentals and Discussion on:

Tesco page on Interactive Investor
Tesco page on Financial Times
Tesco page on ADVFN
Tesco page on London South East
Tesco page on Bloomberg Markets
Tesco page on This is Money
Tesco page on Motley Fool
Tesco page on Proactive Investors
Tesco page on Reuters
Tesco page on Stockopedia
Tesco page on Google Finance
Tesco page on Stock Market Wire
Tesco page on TradingView
Ayondo
Ayondo

Tesco Socially Speaking

Tesco RNS, News and Media

Headline

19 Apr 2018
Tesco Corp Treasury - Tender Offer to Purchase Outstanding Notesfrom Interactive Investor
19 Apr 2018
Tesco PLC - Tender Offer to Purchase Outstanding Notesfrom Interactive Investor
19 Apr 2018
RNS press release - Tender Offer to Purchase Outstanding Notes from Proactive Investors
19 Apr 2018
RNS press release - Tender Offer to Purchase Outstanding Notes from Proactive Investors
18 Apr 2018
Tesco PLC - Director/PDMR Shareholdingfrom Interactive Investor
18 Apr 2018
RNS press release - Director/PDMR Shareholding from Proactive Investors
12 Apr 2018
News - Berenberg ups target for Tesco, predicting LFL sales boosts and wholesale growth from Proactive Investors
11 Apr 2018
Tesco Corp Treasury - Preliminary results of Tesco PLCfrom Interactive Investor
11 Apr 2018
Tesco Personal Fin - Final Resultsfrom Interactive Investor
11 Apr 2018
Tesco PLC - Preliminary Results 2017/18from Interactive Investor
11 Apr 2018
RNS press release - Preliminary results of Tesco PLC from Proactive Investors
11 Apr 2018
RNS press release - Preliminary Results 2017/18 from Proactive Investors
11 Apr 2018
RNS press release - Final Results from Proactive Investors
11 Apr 2018
News - Tesco: The road to redemption from Proactive Investors
11 Apr 2018
News - Tesco posts 28% rise in underlying operating profits as turnaround under Dave Lewis continues from Proactive Investors
6 Apr 2018
News - Berenberg upgrades Tesco to 'buy' ahead of results; ups Morrisons to 'hold' from Proactive Investors
5 Apr 2018
Tesco PLC - Holding(s) in Companyfrom Interactive Investor
5 Apr 2018
RNS press release - Holding(s) in Company from Proactive Investors
4 Apr 2018
News - Tesco and Morrisons outpace the rest of UK's big four supermarkets, Kantar data reveals from Proactive Investors
3 Apr 2018
Tesco PLC - Total Voting Rightsfrom Interactive Investor
3 Apr 2018
Tesco PLC - Block listing Interim Reviewfrom Interactive Investor
3 Apr 2018
RNS press release - Block listing Interim Review from Proactive Investors
26 Mar 2018
Tesco PLC - Director/PDMR Shareholdingfrom Interactive Investor
26 Mar 2018
RNS press release - Director/PDMR Shareholding from Proactive Investors
22 Mar 2018
RNS press release - Holding(s) in Company from Proactive Investors
19 Mar 2018
RNS press release - Holding(s) in Company from Proactive Investors
16 Mar 2018
RNS press release - Director/PDMR Shareholding from Proactive Investors
15 Mar 2018
News - Tesco to be transformed by Booker acquisition, in JP Morgan Cazenove's view from Proactive Investors
8 Mar 2018
RNS press release - Holding(s) in Company from Proactive Investors
8 Mar 2018
RNS press release - Director/PDMR Shareholding from Proactive Investors
7 Mar 2018
RNS press release - Holding(s) in Company from Proactive Investors
6 Mar 2018
RNS press release - Holding(s) in Company from Proactive Investors
6 Mar 2018
RNS press release - Form 8.3 - Tesco PLC from Proactive Investors
6 Mar 2018
RNS press release - Form 8.3 - Tesco from Proactive Investors
6 Mar 2018
RNS press release - Form 8.3 - Booker Group PLC from Proactive Investors
6 Mar 2018
RNS press release - Form 8.3 - Booker from Proactive Investors
6 Mar 2018
News - Tesco gains as Barclays reinstates 'overweight' rating after Booker takeover from Proactive Investors
5 Mar 2018
RNS press release - Form 8.5 (EPT/RI)- Tesco Plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.5 (EPT/RI) from Proactive Investors
5 Mar 2018
RNS press release - Form 8.5 (EPT/NON-RI) - TESCO PLC from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - [Tesco plc] from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco Plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco Plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco Plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco Plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco PLC from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco PLC from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco PLC from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Tesco PLC from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - TESCO PLC from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - TESCO PLC from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Booker Group Plc from Proactive Investors
5 Mar 2018
RNS press release - Form 8.3 - Booker Group PLC from Proactive Investors
5 Mar 2018
RNS press release - FORM 8 (DD) - TESCO PLC from Proactive Investors
5 Mar 2018
RNS press release - Additional Listing Update from Proactive Investors
5 Mar 2018
News - Tesco completes £4bn takeover of Booker after getting shareholder approval last week from Proactive Investors

Tesco Charted

Tesco Discussion on Interactive Investor

Re: missed the boat - as usual.... by DaveHughes

  Thu, 19 Apr 2018 10:21:00 GMT
The boat really left last year OB!

Good to see you back though...are you well?
By DaveHughes

missed the boat - as usual.... by the old brewer

  Thu, 19 Apr 2018 09:37:00 GMT
currently 240.7 - I had a buy order at 235 but I guess I will need to up the bid....
By the old brewer

Re: Impact of Booker? by Seeking money

  Thu, 19 Apr 2018 09:03:00 GMT
The impact of Booker?

Charlie Wilson had the following impact at Booker.

Booker had been run in a manner that increased debt and so drove down dividends. CW's approach on his arrival, cut the dividends and address the balance sheet. A healthy balance sheet is a healthy company.

Booker dividends went from £0.0228 in 2011 to £0.0862 in 2017. That is by looking after the balance sheet.

So do I hope a change here in a similar vain. Yes use the Booker profit to cover debt reduction and pension fund deficits. Do not use this new cash generation platform to increase dividends. Whilst still using Tesco profits in part to cover the same, as exists in Tesco's business plan.

What will be the effect of all this? Long term, debt will be a small part of the liabilities, the pension deficit will be covered and the share price will rise.
I bought Booker for £0.47875 at the end of December 2009 and they were in the £2.20 region at sale. The dividends had risen a great deal over that time frame, as shown above and I had multiple 100% gains on the share price.

CW can handle the balance sheet, by good management, let's hope he is allowed to do the same.

SM

Welcome home OB, you still finding them bargains?
By Seeking money

Re: hello Dave and Hardcore by the old brewer

  Wed, 18 Apr 2018 14:37:00 GMT
tried to get in today but a steady climb prevented me...

I thought I might get a welcome back OB...

OB
By the old brewer

Winning the lottery & bankruptcy by Hardcore Uproar

  Wed, 18 Apr 2018 10:06:00 GMT
www.wolfstreet.com/2018/04/17/nearly-one-third-of-u-s-lottery-winners-declare-bankruptcy/

"Luck is a tricky thing. And when it comes to those lucky Americans who have won windfalls in the lotteries, it seems to be short-lived. Winners become losers at breakneck speed.

Studies show that lottery winners are more likely to declare bankruptcy within three to five years than the average American."
By Hardcore Uproar

Re: hello Dave and Hardcore by Hardcore Uproar

  Wed, 18 Apr 2018 10:02:00 GMT
Money is only numbers & numbers are infinite so if money is your only source of happiness, you will never be happy.

I think caution must still be headed with Tesco, namely the cash flow still needs to be watched very closely not sales volumes, this could be the red herring. However, I think the SR may prove to be the escape if you´re still holding, I think 250p - 260p - 270p are very real possible SR targets. Notice also targets are being reached with considerable cost cutting, namely jobs. The European/world figures were hardly encouraging. However, I think the SP trend is encouraging, 25% off of lows but this too has to be reflected in LR, trades/volumes (this is where it gets complicated) you need some decent computer software.

Also how long before a recession in the UK? Also general indices don´t give me much confidence (they never have). I still think August/September/October we could see a repeat of the events of 2008. The law of averages/chance/probability states at least 1 crisis every decade. I posted a piece by JP Morgan on the Barratts BB, it's worth a read.

You can be right once & then be proved wrong 100 times after! We are at & playing a casino game!
By Hardcore Uproar

hello Dave and Hardcore by the old brewer

  Wed, 18 Apr 2018 08:01:00 GMT
After a few years slumber, my corns say time to resume the battle !!!! Hardcore, you must be a millionaire by now, because you called it right - the only one to infer it would drop to 150 ish.

prepare for postings on here to rise as word gets round I am back.
By the old brewer

Tesco Shares Undervalued say Analysts by IOMINVESTCOM

  Fri, 13 Apr 2018 14:18:00 GMT
Tesco (TSCO) saw shares jump 6% yesterday after revealing sales were up 2.3%, but Morningstar equity analysts say shares remain slightly below their £2.30 fair value estimate.

The supermarket reported preliminary fiscal 2018 results for the 52 weeks to February 24, 2018, with sales growth in line with analyst estimates.

There are two main takeaways we keep out of this earnings announcement. The first is a reiteration of management's medium-term goals; £1.5 billion cost savings, 3.5%-4% earnings before tax margin by fiscal 2020, as well as Booker synergies targets; £200 million gross synergies by 2021, which we view as attainable. Second, the disclosure of a £2.5 billion incremental sales aspiration that the Tesco-Booker entity could achieve on top of the identified revenue synergies.

In the UK & Ireland segment, 2.3% like-for-like growth was driven both by a higher number of customers and a larger basket, but most importantly a continuation of food volume market outperformance and healthy like-for-like growth across channels including large stores . Cost savings of £404 million were again the largest driver behind the 50-basis-point margin improvement, compensating for high cost inflation.

In the Central Europe region, like-for-like sales were up 0.3%, with fresh food sales up 1.2%, while declines in general merchandise and clothing sales contributed negatively to growth. Efforts to reduce costs and improve stock management, including a new distribution centre in Slovakia, resulted in an 87-basis-point operating margin improvement to 1.8%.

Turning to Asia, like-for-like sales declined by 10% on the back of the company’s strategic decision to remove unprofitable bulk selling and mass couponing activities. Adjusting for this, like-for-like sales were down 1% in a deflationary market. Operating margin improved by 99 basis points to 6%, with cost savings and mix compensating for lower prices and cost inflation.

LINK
By IOMINVESTCOM

Impact of Booker? by Wealth4u

  Fri, 13 Apr 2018 09:36:00 GMT
What is the likely impact of Booker? 2/3 years out?
By Wealth4u

Re: Now the probability/chance ratio is in p... by malj1

  Fri, 13 Apr 2018 08:27:00 GMT
That's a rarity!
By malj1

Now the probability/chance ratio is in play by Hardcore Uproar

  Thu, 12 Apr 2018 16:52:00 GMT
Forget the real world, equity prices more often than not have no reflection with the real world. I agree with Malj1 comments, but also what you cannot ignore is the SP is up around 11% in 2 days, 20% off it´s lows. I would have thought to a chartist regardless of fundamentals, Tesco could be a SR-MR play.

What a decent mathematician would do is workout a historical probability/chance of a company where the results are published & the SP increases 10% in just 2 days. I would have thought the probability/chance of a 10%-15% increase in SP would be pretty high.

OK, the SP is in SR, overbought territory, perhaps with a retraction. How has Tesco´s SP reacted in the past 20 years of reporting. Normally in the past it has retracted on good results but normally late January, have historically been favourable.

Personally, I think 250p-260p-270p could be possible target prices. Nothing based on fundamentals.
By Hardcore Uproar

Re: Dividend - Correction by Radaking

  Thu, 12 Apr 2018 08:23:00 GMT
next div (interim) maybe around 3p if margins keep increasing or a special div like MRW are giving.Heres hoping.I bought this stock for the div some 3-5 years back and then they went splat and paid no divs.At least things look like they are on the turn for the better....
By Radaking

Re: Dividend - Correction by Chocolate Chip Cookie

  Wed, 11 Apr 2018 17:13:00 GMT
My bad, should of read it through properly, thanks for clarification. CCC

Final dividend of 2.0p, giving FY dividend of 3.0p - reflects improved performance and Board confidence
By Chocolate Chip Cookie

Re: Dividend - Correction by dregor

  Wed, 11 Apr 2018 16:23:00 GMT
CCC, the next divi will be 2p , not 3p and is payable on 22nd June.
Fear not, it should still be enough to buy you plenty of your favourite biccies!
By dregor

Re: Dividend - Correction to Choc Chip by PJ Foster

  Wed, 11 Apr 2018 16:22:00 GMT
I think if you re-read the results, you'll find the 3p dividend is for the whole year, which consists of the 1p already paid as an interim and the final 2p which is to come in June.

Cheers,
PJ
By PJ Foster