Bought too dear without enough research. Bought cheaper earlier and sold at a profit. We can't win them all, but need to be more careful at times...or all the time? Have they gone up as far as they can go for now?

What price have you bought at???

Average cost 325.264 (inc. all costs). I see that a director has bought some shares and that Tesco are in the news re personal finance and mobile telephone charges.

Where on earth is there a good thread on Tesco's I ask?!?!

John, if you still hold, you are at least in profit!!

I'm not a holder of Tesco but on your point about decent threads try www.iii.co.uk. I usually use that for mainstream shares and anything that isnt mining or technology as thats what seems to dominate this board.

Tesco are a strong company and unfortunately for the shares they are still priced with the rest of the sector, however that is gradually changing and I can see Tesco reaching 350p in the next six months. The deal with Carrefour is also good news for Tesco Shareholders.

Any One got any ideas why Tesco still appears like a dog of the footsie? Its results were strong and although slowing growth may be a problem International growth should more than cover any gains made by Sainsbury in the UK. Its pure economies should push up its share price, add in the share buy backs, international expansion, wholly recognised board and an extremely low PE then the Shares whould be 350! Any one got any ideas why TSCO is such an underperfomer?

A good run recently, could be a safety stock to get into if markets keep dipping.

Could be.

We all have to eat even if it is the Blue Labels.

As you point out it is doing well.

Of course you have had some divi since your buy so I assume you converted them to shares?

Maybe a good time short TSCO and MRW.

What will the cost be to TSCO and MRW News services say 400k plus cars affected. Times that by a few hundred pounds each as compensation. That comes to 400k x 200 80m. If it is 500 then the cost is 200m. If there are more cars then it is even more. Lawyers are already suggesting it would be better if people joined a class action suit against these companies.

Any now it is said that petrol will rise by 2p or more next week because of the problems.

March 16.

MUMBAI (AFX) - India's Godrej Group is believed to be in talks with Metro AG's UK operations on a possible joint venture into the Indian retail sector, the Economic Times reported without citing sources.

The report also named Tesco PLC as another possible partner, but stressed the identity of the foreign partner is not clear.

'This is not an issue I'd like to comment on at present,' Godrej group chairman Adi Godrej said when contacted by the paper.


newsdesk@afxnews.com

Friday March 16, 12:40 PM
Broker tips: HMV, Pennon, Tesco, Charter

LONDON (ShareCast)

Supermarket titan Tesco (TEO.TO - news) was up a little thanks to a Dresdner Kleinwort upgrade to 'add' from 'hold', with price target lifted to 460p from 425p.

The broker notes that the group's share price has underperformed its European and UK peers so far this year.

These recent broker views are worth a re-read.


06-02-2007
shares in Tesco were firmer in early deals after UBS raised its price targets to 550 pence from 470, dealers said. UBS said it believed investors were starting to value the food retail sector using the PropCo/OpCo methodology, which involves splitting the businesses into property company (PropCo) and the underlying operating business (OpCo) and valuing them separately. It said the new valuations have been prompted by recent private equity interest and increasing property prices in the UK. It said that by using this methodology, Tesco has an estimated 22.7 bln stg of freehold assets which leaves the operating company (OpCo) trading at 10.2 bln stg which, when applying a 5% rental yield, values the business at 8 times price earnings to February 2008. It said Tescos OpCo generates a low EBIT margin of around 4 pct, but stronger profit growth of 14%.


14-02-2007
target price increased to 500 pence from 400 pence by Credit Suisse as the broker said the groups US west-coast roll-out could mark the start of bigger expansion and sustain the groups profile, dealers said. In an upbeat note published this morning, Credit Suisse argued that although the US expansion is unlikely to transform Tescos near-term profit & loss account, it could provide numerous opportunities for growth if successful. The broker believes that sustaining the groups rapid growth profile of the last ten years for another ten now seems a realistic, rather than upbeat, scenario. Credit Suisse noted the stock boasts unique growth visibility among European food retailers.


14-03-2007
SG Securities raised its stance on the supermarket giant to buy from hold and pegged its price target at 490 pence, saying that Tesco could benefit from a re-jigged property portfolio and sector valuation. In a note to clients, SG securities said the supermarket chain might make the most out of its property portfolio through advantageous interest rates, leveraging its British property portfolio and investing in cheap freeholds overseas. The advantages to the retailer are that it can keep a freehold level of more than 80% and retain a comfortable level of asset control, while cashing in on an excellent growth rate. The main threat, according to the brokerage, is that a bid for rival Sainsbury will fail to materialise and that valuation in the sector would thus overlook Tescos adjusted property balance. Bid or no bid, however, the property upside that Tesco can benefit from, will remain and make Tesco look very price-competitive in respect to its competitors, the brokerage added.


16-03-2007
upgraded to add from hold by Dresdner Kleinwort with an increased target price of 460 pence, up from 425 on valuation grounds, according to dealers. In a note landing on fund managers desks today, the broker noted that Tesco shares have strongly lagged both their European and UK peers so far this year. Dresdner Kleinwort pointed out that the market is increasingly discounting a takeover of Sainsbury PLC, and as importantly, Carrefour SA moving towards a re-leveraging of its capital structure, with potentially, a reduced appetite for physical growth. The broker said in both cases the potential benefits to Tescos investment case are obvious.