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).

yep tanker - another item which analyst have picked up as a massive positive for tesco which some have missed is that 'But Tesco reported online sales growth in the UK of 14%, across food and non-food.'

not me stan!

roll on afternoon rally lol

I thought it was cured meat (pork) or is that lardon ?

Stan, I thought they were 'Lardys' not 'Lardos' or have we gone all European now?!!!

Yes its cured pork - it looks disgusting! Food: Lardo; the real thing

Good support around the 320p level historically. Now sub 330 again.

what you supposed to eat - the white food board or the thing on it!!! dont remember seeing that one on master chef lol!

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shouldnt get there hc

Lardo = a bastardisation of the word Lardarse!....... Noun. A fat person. Cf. 'tub of lard'. Derog. [Orig. U.S.]

.. I hope that explains

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You may be right gibby, but another bad macro day and all of these stocks will get hit again. The Eurozone problems haven't gone away and from what I see the Greeks are at the tipping point of another bond redemption default. I still think it's wise to keep banking profits atm.

i made a mistake and went in lidl once in france - what a shithole!

i've also bought some tsco in addition to mrw .... reckon the drop is overdone

yep those darn greeks hc but hey ho

cycnic lidl - did it inspire you to want to invest in their company lol?

Worse case 290 cant see it can you ?

tesco will bounce back the resutls where not that bad well over sold .
i do not hold

Bought twice now @ 336 and 326.
Tuck this away and see what happens.
Can't see this collapsing all the way down to 280 but stranger things have happened over the last few years!
TT

in at a shade under 327p, poss a tad too early but i agree, i think it is oversold.

time will tell

Alex

Holding up quite well....10 or 20p down, I can live with....but this should rebound very strongly by a lot, lot more...