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).

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

Just the 200 million traded then!

How many millions have you bought then skinny?
Just the 1?

stop losses and day traders getting out while they can - roll on tomorrow!!! lol

Shore Capital downgrades Tesco from buy to hold.

Oriel Securities downgrades Tesco from buy to hold, target price unchanged at 370p.

S&P Equity Research downgrades Tesco from buy to hold, target price cut from 430p to 360p.

there is some positive news - chatter is that tsco will pay a higher divi next time - not confirmed as yet

it seems buffet has been reading my posts lol

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8903760/Warren-Buffett-buy-Tesco-shares.html

if tsco is good enough for him its good enough for..................

WB is hardly a trader. He takes a 10 year view, minimum. Not your strategy by the looks of your posts?

I went to see Ready, Steady, Cook the other day. It was fantastic. Antony Worrall Thompson absolutely stole the show.

“Morning Sergeant”. ”Morning Constable”. ”What have you got for me today”. ” We have Anthony Worrell Thompson in possession of stolen cheese”. ”Right then lets grill him”

http://www.thisismoney.co.uk/money/markets/article-2085600/Tesco-profits-warning-sees-shares-plunge-Big-Price-Drop-falls-flat-shoppers.html

Still think it has been over done but we shall see

He is a video for you Dreamcatcher


Antony Worrall Thompson in The Lambshank Redemption

Thanks markymar. :-)

hc lol i do not work to one strategy but several dependent on type of company, commodity, global market performace, sector, reason for fall / rise, nav, forecasts, stability, roi, cost of products, margins, borrowings, cash / liquid assets, risks, et cetera - here i intend selling a % of what i have once it has bounced to an acceptable profit then keep the rest long term - as long as they keep paying divis which according to chatter are expected to be higher next time for several reasons and even a one off not ruled out yet :-)))

that new guy at the top had better watch his arse! gla

marky 277 - lol that was funny forgot about madely and his bottle of vino gratis LOL!

Newspaper Briefing, including 'Tesco shake-up after £5 billion battering' - The Guardian

onwards & upwards lol!!

Still looking a little bit sick this morning.
Wasn't expecting anything special since the market didn't rally at all at the close yesterday but after yesterday's battering I suppose there are still a lot of private investors who have now read the news and are selling to cut their losses. Wonder what the weekend press will make of this!?
TT

Yield 4.57% at this price - not that that's of paramount interest atm!