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).

Article is interesting. May be JPM on wrong side of the trade!!!!!!!

Shorts being gently squeezed.!!!!!!

i know the chart is good, but i really cannot get myself to even consider s'market stocks

Perhaps just a short lived rally. What about the 5.9 BILLION pension deficit ?

Yes its a conundrum. The FTSE 350 Food & Drug Retail Sector is one of the best performing overall recently.

A company should never be allowed to dip into a pension scheme or under pay, utter madness. The law needs changing. Mind you the Tesco deficit is just a drop in the ocean to BT's. I think it is 7bn.

Correction 14.2 billion pounds

I remember several years ago many companies including BT were taking pension 'holidays' because they were overfunded, now that they have deficits they should be topping them up. I realise this will have to be at the expense of shareholders (me included) but it is only right that it should be done.
2517

There are talks of of switching pension payments to the Consumer Prices Index measure of inflation, rather than the higher Retail Prices Index rate. This will save a company billions AND COST RETIRING WORKERS BILLIONS.

52 week high.

Chart is looking good.

Even with the PENSION deficit.

News 6-Nov.2016 - "...Tesco bank hacked, customers claim to have lost money..."
IMHO it's unlikely this isn't true . . . however we don't really know the extent of the problem - fortunately Tesco close their banking system to prevent anything further - good for those that were not hacked, but not good if you need Money to return from a journey and can't buy fuel, etc.

Thank goodness the UK-Gov is to start ( a bit late, eh?) funding Anti-cyber-crime although it's anyone's guess if this will involve wallpaper and a defunct computer system . . . . meanwhile our youngest Hackers are being shipped off the USA to spend years behind bars ( I mean Prison -).
Oh dear.

Doesn't look good for TSCO sp - currently ( as of Friday) ~£2.02
So that's a default in TO, then a Pensions Issue and now a Hacking Bank - that's three by my counting . . . Do these events come (in 3's) like Profit warnings...or does the first item ( =A profit warning ) not count perhaps?
Maybe we should expect another Tesco failure any time soon . . . a bad Christmas period? . . . . no, that will be general amongst retailers - so Tesco can't count that.... we need some "Breakdown event" to really count as their No3.

Any TSCO predictions?

-Ditto - for sp say by week-4 =.January,2017?
=£1.55 for me...FWIW...

time to BUY BUY BUY BUY THEY HAVE HAD A VERY GOOD XMAS .

I see Tesco senior director Richard Cousins has made a shock departure from the grocer, days before it reveals Christmas trading figures.

its lewis who needs to go the man is a silent dumbo

Sharecast - broker tips

Recent data from Kantar has suggested momentum building up at Morrison and fading at Tesco, while Sainsbury's remained the worst performer among the three listed names.

well they ave git it wrong Tesco have had a good xmas

Your local may have. lol

It's all about PROFIT. At the end of the day are they making any money after the overheads?

my hundred thousand I put in Tesco says I am correct

I hope you are. You have lost two and a half grand today.