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).
skinny
- 25 Jan 2012 10:04
- 412 of 1721
Tesco PLC (the "Company")
DIRECTOR/PDMR SHAREHOLDING
The Company was notified on 24 January 2012 that on 17 January 2012, Paola Hanna, a connected person of a Director, Ken Hanna, purchased 25,000 Ordinary Shares of 5p each in the Company at a price of 313 pence per share.
This announcement is made in accordance with the requirements of DTR 3.1.4.
Just above the 12 month low of 311.
TANKER
- 25 Jan 2012 12:10
- 413 of 1721
buy
poo bear
- 25 Jan 2012 12:11
- 414 of 1721
Would seem, (stating the obvious), that anyone taking a long term position would do well to copy the buy in price if it prersents itself again, ie 313 - 315 pence. Thats for you Edd.
Mega Bucks
- 25 Jan 2012 12:26
- 415 of 1721
have been adding this morning @324-5
poo bear
- 27 Jan 2012 15:27
- 416 of 1721
Should see 313p to 315p on Monday.
Balerboy
- 27 Jan 2012 16:02
- 417 of 1721
Because of megabucks buy today??
dreamcatcher
- 29 Jan 2012 10:52
- 418 of 1721
..Ocado set for price war with Tesco
By James Quinn | Telegraph – 2 hours 8 minutes ago
Ocado is to cut its prices on a range of products in a bid to steal a march on rivals such as Tesco (LSE: TSCO.L - news) in the battle for online supermarket delivery customers.
The Telegraph understands that the home delivery retailer will cut prices on around 600 products, making them 10pc lower than their equivalent at Tesco.
It is aimed at attracting cash-strapped shoppers to Ocado, which has traditionally been seen as a more expensive offering than that of the mainstream supermarkets.
The move is expected to be announced alongside the company's full-year results on Tuesday, and is set to form part of chief executive Tim Steiner's fightback against critics.
Ocado's share price has recovered somewhat since the turn of the year, despite news last week that finance director Andrew Bracey is to leave for the same role at Michael Page (LSE: MPI.L - news) .
The company's shares closed at 81½p on Friday, but remain way off their 180p float price in July 2010.
However, Mr Steiner, one of the company's co-founders, is believed to be set to tap into the growing trend of customers searching for grocery bargains online.
As a second flank, he is also expected to use the company's results to demonstrate its decreasing reliance on Waitrose its original supermarket partner.
A number of analysts have pinpointed Ocado's reliance on Waitrose as a reason not to support the shares historically. At flotation, as much as 75pc of items sold came from the John Lewis Partnership-owned grocer.
But Tuesday's presentation is likely to focus on that number having decreased to 40pc of total sales, with just 20pc of Ocado's range now coming from Waitrose.
Part of the reason behind this is due to the increased demand for Waitrose's own-label products, which are now understood to account for approximately 13pc of its total own-label sales.
For the year to November (Stuttgart: A0Z24E - news) 2011, consensus forecasts predict total sales for Ocado in the region of £600m, up from £551m in 2010
dreamcatcher
- 29 Jan 2012 10:58
- 419 of 1721
..Cambridge's Trinity College buys 50pc stake in Tesco stores
By Graham Ruddick | Telegraph – 2 hours 13 minutes ago
The richest college at the University of Cambridge (SES: E2:J91U.SI - news) , Trinity (Munich: A0YDBV - news) , has invested in the UK's largest retailer by acquiring a 50pc stake in a portfolio of Tesco (LSE: TSCO.L - news) stores worth £440m.
It is understood to be the first time the college has invested in supermarkets, although it has a property portfolio worth more than £800m. Trinity uses endowment funds to invest in property and provide extra income for education and research. Its (Euronext: ALITS.NX - news) portfolio includes the freehold to land surrounding The O2 arena in London.
The college has acquired the 11 stores alongside a Tesco subsidiary in a deal financed through the issuing of a £450m commercial mortgage backed security (CMBS) on Wednesday.
The Tesco portfolio includes stores in London, Bradford and Doncaster, as well as a development site in Woolwich, south-east London.
The special purpose vehicle that will hold the stores and has issued the bonds is called Tesco Property Finance 5. It is the fifth time in a couple of years that Tesco has spun off stores through a CMBS.
A company spokesman would not confirm the identify of the third-party investor in the stores, but said: "Last year we set a strategy of realising sustainable property profits in the range of £250m to £350m per annum across the group, which is broadly equivalent to the value we create through property development activities. This latest deal is part of that programme and our JV partner is an excellent, experienced property investor."
The investment from Trinity College highlights the continued attraction of investing in supermarkets.
However, speaking to The Telegraph , the chief executive of Morrisons, Dalton Philips, has warned that UK supermarkets have a "property albatross" around their necks "and there's no easy, or clear solution to how they can get out of that".
..
dreamcatcher
- 29 Jan 2012 11:23
- 420 of 1721
Are the stores without the Tesco above the door a white elephant. Cannot see an investment for the college. Tesco are now stuck with stores with customer spend trends reducing. Sainsbury must be smiling. Who will want these huge stores.
Its not going to be a very easy uptrend for Tesco.
dreamcatcher
- 30 Jan 2012 13:09
- 421 of 1721
Tesco sparks petrol price war
TESCO has launched its biggest ever promotion — knocking 10p a litre off petrol for shoppers who spend £60 in store.
It comes as petrol prices approach all-time highs after tension in Iran and the collapse of the Coryton refinery.
Tesco's UK chief Richard Brasher said: "We know families are feeling the pinch in these tough times so I'm pleased we can offer customers extra value at the pumps."
The move is likely to hit thousands of independent petrol stations.
Britain's biggest supermarket is desperate to win back shoppers after its worst Christmas for 20 years.
It already runs a promotion offering customers a £5 voucher when they spend £40.
poo bear
- 30 Jan 2012 16:10
- 422 of 1721
Balerboy - 27 Jan 2012 16:02 - 417 of 421
Because of megabucks buy today??
I dont care what anyone else does or does not do, I was communicating with someone else who reads but does not post here.
I am going to miss by a couple of pence for the top end anyway today possibly, but theres always tomrrow looking at what the DOW is doing.
Balerboy
- 30 Jan 2012 16:34
- 423 of 1721
Poo, think you mis-interpret my jest, you posted after megabucks buy at 324p the sp would drop 10-12p........lighten up.,.
poo bear
- 30 Jan 2012 16:54
- 424 of 1721
Sorry - that is the trouble with the written word, I cant see you eyes.
lol
:)
gibby
- 30 Jan 2012 20:20
- 425 of 1721
agree with bb £4 + divi - yes thanks - i do remind myself that buffet is invested here from time to time also :-))
saw poo's name and thought to myself a bit of a poo day here for tsco (sorry poo no offence intended) as you would have noted i am but a simple person!! lol
HARRYCAT
- 30 Jan 2012 22:34
- 426 of 1721
".............i am but a simple person...........". Certainly can't argue with that!
Nar1
- 30 Jan 2012 22:35
- 427 of 1721
Lets see what happens
gibby
- 30 Jan 2012 22:44
- 428 of 1721
hc - i didnt think you would - i thought cynic may have been first to comment?!
dreamcatcher
- 31 Jan 2012 20:26
- 429 of 1721
dreamcatcher
- 31 Jan 2012 20:31
- 430 of 1721
gibby
- 31 Jan 2012 20:59
- 431 of 1721
cheers dc