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17-06-19, 08:53PM

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Author Topic: Tosco Shares - Buy or Sell? Well Hello Delores!!  (Read 40330 times)

OpShunned

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Should I get rid of my available shares? The share price was £2.18 not so very long ago but I see it's below £2 as of now (£196.40 ). NOt sure who the f*** Delores is but she's betting that The share price will fall again? It's taken a while to get back around the the 2 pound mark but despite xmas results it's wavering again. We're saving for a mortgage deposit and were becoming confident that our share portfolio was actually getting somewhere.

Mystery hedge fund targets Tesco as other short-sellers fold.

Tesco has become the target of a new large bet against its shares, going against the grain of many hedge funds that are cashing out their downbeat positions in British supermarkets. Delores Holdings appeared on the register of major short positions for the first time ever this week, after establishing a bet against Tesco worth 0.7pc of the company, or around £114m at the current share price. Little known is known about Delores, which is one of just four hedge funds shorting Tesco stock, joining established names Lone Pine, Marshall Wace and Pelham.
http://www.telegraph.co.uk/business/2017/01/21/mystery-hedge-fund-targets-tesco-short-sellers-fold/

oliver

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #1 on: 23-01-17, 11:20AM »
Opshunnd share market is another form of gambling depending on how long it is to buy home theres no garentees i do the save as you earn and if they dont go up i just get my money back so don't loosea anything its another way of saving for something,and there isn't a good interest rate anywhere,these people are short sellers they do it in many companies to make quick bucks for themselves.

OpShunned

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #2 on: 23-01-17, 11:29AM »
Fair points Oliver  :)

What struck me most is the trend of other 'shorters' to pull out of the supermarket feeding grounds yet this 'Delores' has ventured into waters that others have left.

Valleycommando

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #3 on: 23-01-17, 03:23PM »
dont know about falling below £2 bt i wouldnt bet against it

OpShunned

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #4 on: 23-01-17, 04:34PM »
They have valley commando:
Tesco PLC
LON: TSCO - Jan 23, 4:30 PM GMT
195.16GBXPrice decrease3.14 (1.59%)

londoner83

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #5 on: 23-01-17, 08:38PM »
Think they are expecting share price  to go down after Brexit is triggered.....as pound will probably fall v Euro and everything we import will become more expensive. As wages nationally are stagnant that will lead to less being spent in Tesco.

plugster

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #6 on: 23-01-17, 09:36PM »
Been low for about two and a half years. In that time has been no higher than £2.51 per share (April 2015). Wish I'd have bought some when at £1.30 odd per share. No-one knows what's going to happen to Tossco in five years. Me personally, I'd lump my money on Amazon or Ocado.

just curious

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #7 on: 23-01-17, 09:50PM »
" No one knows whats going to happen to Tosco in five years ".

With the deficit in the pension fund , the amount of debt the company is in , the state of some of the stores , the false accounting scandal ( that has still not been resolved with heavy fines issued / prosecutions made  ? ) , and the way that the company in general is being managed , then whats to say the company will still be around in five years , it could possibly go the same way as BHS , Woolworths , Comet and many other big retailers ?, or even be subject to a possible take over by some foreign owned company ?  :o :o :-X :-X

thecleaningwoman

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #8 on: 23-01-17, 10:15PM »
Very true just curious, was talk last year if shares fell below  £1.50 then there  could be a buy out DW sports bought  lots of shares then

plugster

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #9 on: 23-01-17, 11:02PM »
Probably see the end game when Dastardly Dave and Mattley have milked their bonuses and disappeared into the sunset. Then we'll see what damage they've done. By then most people on this site won't give a rats ass.

alf

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #10 on: 23-01-17, 11:39PM »
If anyone here  could give a definitive answer on whether to buy or sell Tesco shares, well frankly, they wouldn't be stacking shelf's in a supermarket.

The way i look at it, currently I've invested less into shares, than what I'll get if I sell, unless that changes I'm happy enough staying put.


BossHog89

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #11 on: 24-01-17, 10:21AM »
I've been thinking of selling mine, but I don't know my shares reference number and after 30 minutes clicking through various pages I am non the wiser on how to sell my shares.

his scots tie

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #12 on: 24-01-17, 11:34AM »
Go online to Equniti and set up an account, or give them a call and sell them over the phone.

OpShunned

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #13 on: 24-01-17, 10:01PM »
Tesco’s (LON:TSCO) general merchandise boss has left the company to join online giant eBay, The Grocer has reported. Rob Hattrell, who joined Britain’s biggest grocer in 2009, will be replaced by Ashwin Prasad, who has been leading the group’s health, wellness and beauty team.

Tesco’s share price has fallen deep into the red in today’s session, having lost 1.32 percent to 195.67p as of 12:51 GMT. The stock is underperforming the broader London market, with the benchmark FTSE 100 index currently
http://invezz.com/news/equities/25199-Tesco-share-price-GM-boss-leaves-blue-chip-grocer-for-eBay

oliver

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #14 on: 25-01-17, 10:18AM »
Shares have dropped  even more, there's a new legal action against Tosca over accounting scandal.  The shares have been priced  at £1.50 by one company, very daunting news it will take 5 to 10 years for this company to turn then there will be many many job losses, and if it goes even lower than £1.50 expect a buy from abroad.

GreenGrocer

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #15 on: 25-01-17, 01:18PM »
The Tesco share price is now at 1999 levels. DL you will need to get some false accountants in or the Supertanker will explode. The only way forward now would be a take over but who wants shops where running costs are so high. Get rid of majority of managers, get staff filling with jackets on and dim the lights all day.  :)
« Last Edit: 25-01-17, 01:20PM by JL »

OpShunned

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #16 on: 12-04-17, 12:21PM »
Markets: FTSE 100 backtracks; Tesco slides
Posted at 12.12

Tesco shares continue to be the biggest loser on the FTSE 100 with a loss of more than 5%

Tesco PLC
LON: TSCO - Apr 12, 12:17 PM GMT+1
184.00GBXPrice decrease11.60 (5.93%)

The group's pension deficit has increased by £2.9billion in the last year to £5.5billion because of the 'reduction in bond yields', Tesco said in its preliminary results.

Read more: http://www.thisismoney.co.uk/money/markets/article-4404110/Tesco-sees-UK-sales-grow-time-seven-years.html#ixzz4e27Yx2vt
----------------------------------------------

..and yet the pri** is wooping and a hollering?




Employee101

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #17 on: 12-04-17, 12:57PM »
Share prices often increase on rumour and speculation, and Tesco is a very good example of this. The high point of 196 was at yesterday's closing price. All the smart investors would have sold and re-purchased at the low 180s today.

 Tesco is one of the greatest underperformers in the entire market, and I would advise people to steer clear of it.

Trolleywally

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #18 on: 12-04-17, 12:59PM »
When I retired In August 2015 sold all my shares and kept 10 shares just to have a vote in the AGM and get a small dividend every six months.

OpShunned

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #19 on: 12-04-17, 01:09PM »
Share prices often increase on rumour and speculation, and Tesco is a very good example of this. The high point of 196 was at yesterday's closing price. All the smart investors would have sold and re-purchased at the low 180s today.

With Dave Dewis bullish, the media forecasting good results, why would anyone sell shares that may increase on the back of it? Surely you'd wait for the spike that day and sell the following morning rather than re-buy and gamble they climb again?

People were telling me that the share price would rise today, not fall quite dramatically.
« Last Edit: 12-04-17, 01:11PM by OpShunned »

Employee101

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #20 on: 12-04-17, 04:24PM »
Share dealing is always a gamble. Often the increase is conjured up by nothing more than sentiment (and bs from CEOs) and is already priced in before results are released. It happened in the last quarter's figures as well, and often happens right across the market. Experienced investors who know what they are doing can see the signs and cues often before they happen.

Nobody gets it right every time, but there are ways and means of minimising risk and increasing profit. Tesco is a terrible share, because it is wildly unpredictable, which mirrors the company itself. Maybe when all of the fines have been paid, and if the Booker merger goes through, things will start to improve over the long term. I still wouldn't touch them with a barge pole.

blutopia

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #21 on: 12-04-17, 05:20PM »
A long serving colleague I used to work with had built up a large number of shares over the years.  Since the decline, by deducting her share losses from her wages, her net income from Tesco in recent years has been way below minimum wage.  She should have cut her losses a long time ago and sold the shares.  A few months ago I read that the realistic price should be more like £1.50 so don't expect any of Drastic's PR spin to change anything.

plugster

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #22 on: 12-04-17, 08:55PM »
Only Tenko can report better than expected profit, then its share price drops dramatically. Personally nothing shocks me with this company anymore. Investors don't trust them anymore. After tax and NI my BAYE shares are virtually worthless. Can't see them rising or going anywhere near the £2.51 per share (April 2015) anytime soon. Shouldn't we be compensated???

Employee101

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #23 on: 12-04-17, 09:59PM »
I well remember the heady days when the SP reached nearly £5.00. The days when bonuses were worth something -  but that was 10 years ago. Those days are gone forever.

OvaSees

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Re: Tosco Shares - Buy or Sell? Well Hello Delores!!
« Reply #24 on: 12-04-17, 10:41PM »
Markets: FTSE 100 backtracks; Tesco slides
Posted at 12.12

Tesco shares continue to be the biggest loser on the FTSE 100 with a loss of more than 5%

Tesco PLC
LON: TSCO - Apr 12, 12:17 PM GMT+1
184.00GBXPrice decrease11.60 (5.93%)

The group's pension deficit has increased by £2.9billion in the last year to £5.5billion because of the 'reduction in bond yields', Tesco said in its preliminary results.

Read more: http://www.thisismoney.co.uk/money/markets/article-4404110/Tesco-sees-UK-sales-grow-time-seven-years.html#ixzz4e27Yx2vt
----------------------------------------------

..and yet the pri** is wooping and a hollering?


Full year pre-tax profit is down 28% with one-offs (but there are one-offs every year if you remember), total indebtedness is up yet they still want to purchase Bookers, pension liability is up, market share down and LFL sales down with Extra a disaster, yet it's all being sold as another success story... which part of the plan is actually working? Shares closed down 5.7%, biggest fall on the FTSE.

They are not good results, any analyst worth their salt would not publicly say otherwise. The part about bond yields is pure BS, Bruno Monteyne (from Bernstein) has been forecasting favourable market movements since Brexit to wipe at least £1bn off the deficit and it hasn't happened - and this guy used to be an exec at Tesco. Looks like the pension trustees aren't managing it half as well as they assured us when they closed the last scheme. Remember, they also put off the tri-annual review of the scheme until this year, so they will need a fair bit more than the £270M a year to prop it up.

For all the rhetoric, 2 years in and I still see no clear 'plan'. Nobody I speak to knows what's going on other than what looks like a fire sale. The 'recovery' is just built on people losing their jobs.
« Last Edit: 12-04-17, 10:49PM by OvaSees »