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).

http://www.cheesechap.com/

I feel Sainsbury have got it right with quality food. Dont forget they have the price match at the till, done for you. I feel they will erode into tesco for years to come.
Did leahy see the big picture. He rode a year or so into the recession and jumped ship.
Tesco has been cut to the bone at a cost. Sainsbury do not admit to being the cheapest but have quality food. Tesco have attracted people that now due to recession have had to cut their spends dont get me wrong by no means all their
shoppers. Huge out of town stores, with the price of petrol now ? They sold off a lot of the in town small stores, starting to reopen them now. Tesco have sadly lost touch with the customer. Leahy was the head of the uk stores side and did he see this coming erh ?
Tesco have a huge headache not only with the share price. They took years to become no1, will this now change in the future?

Still falling

Did not time by entry in this, well....for once I step out of the oil arena...remind me not to....will be patient as this is a hell of a clever company !....

Same here bought in 330 thought that was low.

RF,

"will be patient as this is a hell of a clever company !...." In the past maybe.. but past performances are not always a guide to the future as they say!

Anyway did you ever get money on those Clarets for promotion?.. "still" only 10's with Corals.: http://www.oddschecker.com/football/english/championship/promotion

.

mn,

" then the zenith has been reached and where from there.....?" To another one maybe, but "not" if an when they learn to.. see below.

"Still a good company in which to invest though." Not unless they adapt they aren't IMHO.

" then the zenith has been reached and where from there.....?" To another one maybe,

is that possible?

Most things are (within reason) if you want it enough.

.

Its a bit like reaching a crescendo - many would argue that's an oxymoron :-)

.. Oh alright then

Seems to have bottomed for now, just had a little dabble.,.

Brave man Bb! Not sure I agree. U.S. Market not open today, so no reaction to EU downgrades. A 'down day' could drag this a bit further, imo. MRW possibly a better investment as only declined due to TSCO news.

i may be wrong, but i think the s&p downgrades came on friday while wall street was trading .... if so, it seems to have shrugged shoulders

DOW currently showing @10,477.

What does that mean skinny? showing at 10,477.

That's where the DOW would be (if open) - obviously not the market per se - but above the 12,422 close - the S&P announcement was some hours before the close on Friday.

Ah, a digit typo then??? ;o) That's the second time in a coupe of days that the markets have dropped over 1000 points!!!