dai oldenrich
- 01 May 2007 16:26
Tesco is one of the worlds leading international retailers. Since the company first the trading name of Tesco, in the mid 1920s, the group has expanded into different formats, different markets and different sectors. The UKs leading retailer Tesco was floated on the stock exchange in 1947 and in 1995 took over rival Sainsburys position as the UK number one. The principal activity of the group is food retailing, with over 2,000 stores worldwide. Tesco has a long term strategy for growth, based on four key parts: growth in the Core UK business, to expand by growing internationally, to be as strong in non-food as in food and to follow customers into new retailing services. The company launched a home shopping service in 2000, allowing customers to order their shopping online. Tesco is now expanding its convenience stores and overseas into areas such as Taiwan, Malaysia, Poland, the US and Ireland.

Upper graph = 12 month share price with 6 month moving average
Lower graph = 12 month volume (red line = volume average).
brianboru
- 24 Oct 2014 09:51
- 1216 of 1721
I've had enough bad investment experiences over the years to know that it should be a basic rule of investment that you sell as soon as a UK company'expands' (LOL) into the States.
dreamcatcher
- 24 Oct 2014 14:57
- 1217 of 1721
Tesco: Deutsche Bank cuts target price from 220p to 180p and retains a hold recommendation. JP Morgan cuts target price from 165p to 145p staying with its underweight rating. Espirito Santo cuts target price from 165p to 145p reiterating its sell recommendation.
aldwickk
- 24 Oct 2014 18:40
- 1218 of 1721
What about US company's coming here, are they more successful ?
dreamcatcher
- 24 Oct 2014 18:54
- 1219 of 1721
Asda is a subsidiary of the American retail company Walmart. They do not seem to have the killer instinct of Tesco. With Walmart being so large they could have a MASSIVE PRICE WAR with our supermarkets . Asda are not being hurt so much as Tesco and Sainsbury.
dreamcatcher
- 24 Oct 2014 19:03
- 1220 of 1721
Also you will find Asda was the first of the "big four" to commit to lowering prices significantly late in 2013. In other words they did not sit and watch business walk out the door to the likes of Aldi, Lidl etc. I get the feeling Tesco never knew what hit them.
cynic
- 24 Oct 2014 19:31
- 1221 of 1721
but i now see asda are being hammered for equal pay between the men and women who work in their shops
dreamcatcher
- 24 Oct 2014 19:46
- 1222 of 1721
So they should. :-))
dreamcatcher
- 24 Oct 2014 19:56
- 1223 of 1721
It was a good job that Tesco expanded its credit facility in Sept . Did they think/know
rating downgrades were coming, and the result being much harder to borrow cash.
I have read they own £24 billion in property.
jimmy b
- 24 Oct 2014 20:07
- 1224 of 1721
Asda plan to open a lot of new stores .
I for one have been shopping there recently (instead of Morrison) it looks to me like since Walmart bought Asda they have brought their style of retailing here, deals on everything ,i think some years down the road they could emerge as the big boy ..
dreamcatcher
- 24 Oct 2014 20:09
- 1225 of 1721
Yep jimmy, they have a slogan something like the cheapest store for the last 16yrs.
dreamcatcher
- 24 Oct 2014 20:10
- 1226 of 1721
Found it - Britain's Lowest Priced Supermarket, 16 Years Running
goldfinger
- 24 Oct 2014 20:12
- 1227 of 1721
Sorry you 2 guys are caught up in this unfortunate situation. DC and Jimmy.
Ive explained if they trash my thread I do like wise to theirs. Enough is enough and they have been doing it now for nearly a month.
Sorry lads.
dreamcatcher
- 24 Oct 2014 20:19
- 1228 of 1721
Sad goldfinger, but I would back anyone that sadly the management don't get involved and nip things EARLY in the bud.
goldfinger
- 24 Oct 2014 20:26
- 1229 of 1721
Should have been sorted 22 days ago.
Even now today after all that crap and they wont ban but put up thread rules which have been clearly breached. Pathetic.
jimmy b
- 24 Oct 2014 20:27
- 1230 of 1721
No need to be sorry to me GF ,
however in the 10 years i have been on here you were on of the first people i got talking to and i have always been interested in your views and research .
Why bother ? surely you will end up getting banned
cynic
- 24 Oct 2014 20:28
- 1231 of 1721
please don't put yourself in the position whereby you get thrown out ..... that would be sad
jimmy b
- 24 Oct 2014 20:32
- 1232 of 1721
I like this site because if there is a small run in it's over quickly (usually) , iv'e had words with that crusty old git cynic before but to be fair no one seems to hold a grudge and i value their trading ideas , this has always been a happy site for me. Except when i'm losing money !!..
goldfinger
- 24 Oct 2014 20:34
- 1233 of 1721
Dont think Ill be thrown off Jimmy.
cynic
- 24 Oct 2014 20:36
- 1234 of 1721
i for one hope you don't, but please don't make your position totally untenable
goldfinger
- 24 Oct 2014 20:37
- 1235 of 1721
I think that will be you.