idontwanttolose
02 Apr 2017
Tesco could be forced to sell hundreds of small high-street stores If this happens it could "queer the deal"[link] could be forced to sell hundreds of small high-street stores amid rising concern from rivals that its £3.7bn merger with Booker will give it a stranglehold on the grocery industry.Senior industry sources have said that the deal will hand the enlarged company too much influence over the country’s food supply. However, any disposals to get around this would have to come from the supermarket, in the shape of its Tesco Express stores, because the wholesaler Booker doesn’t actually own the large bulk of shops in its huge network.The duo have attempted to play down competition concerns because Booker operates a franchise model for its Londis, Premier, Budgens and Happy Shopper retail chains, which means it will not be adding “more stores” through the Tesco tie-up.
II Editor
30 Mar 2017
NEW ARTICLE: 7% income funds: Can they be trusted? "Not so long ago it was possible to earn a high and relatively safe return on your cash by parking it in a savings account. Interest rates on savings accounts halfway through 2007 - just before the financial crisis struck - stood at 5.75 % or ..."[link]
II Editor
30 Mar 2017
NEW ARTICLE: 7% income funds: Can they be trusted? "Not so long ago it was possible to earn a high and relatively safe return on your cash by parking it in a savings account. Interest rates on savings accounts halfway through 2007 - just before the financial crisis struck - stood at 5.75 % or ..."[link]
idontwanttolose
27 Mar 2017
Schroders urges Tesco to withdraw $4.7 billion Booker offer I may not happen !!![link] (SDR.L), one of Tesco's (TSCO.L) largest investors, on Monday called on the supermarket group to withdraw its 3.7 billion pound agreed offer for wholesaler Booker (BOK.L), saying it was unlikely to create shareholder value.In a letter to Tesco Chairman John Allan, seen by Reuters, Schroders also called on other investors who shared its view to speak out.Schroders is Tesco's third-largest investor with a 4.49 percent holding, according to Reuters data.The Financial Times, which first reported Schroders' stance, said Artisan Partners, which holds 4.48 percent, also opposes the Booker deal.
north wall hammer
25 Feb 2017
Re: tesco are wilting I think many small investors are unsure of the logic behind this deal, Booker would be better off continuing to do their own thing alone and well. Out at 207p and watching from the side lines.
valeite
25 Feb 2017
tesco are wilting tesco now down to £1.9 .exane bnp paribas targets tsco £1.8/goldman sachs targets £1.5.to be fair some brokers are looking to £2.5/£2.6 .i'm losing confidence here....i thought bookers were doing ok.....not really sure why this deal needs to be done
valeite
08 Feb 2017
Re: finalisation of sale this could go on a bit because competitors are going to have plenty to say....the thing is ,do you want TSCO shares?..if you hold on BOK could be worth up to £2.30/ if the deal fails BOK might do down to £1.75 /on balance £2.05 seems ok to sell if your not sure (like me)
the fast show 3
08 Feb 2017
finalisation of sale what time frame could we be looking at for finalisation of sal
valeite
31 Jan 2017
S&P Global says hold ... targets £2.15 a long long wait here methinks.......come what may i think BOK are worth £1.9 with a potential worth of £2 .25 i would suggest .
valeite
30 Jan 2017
brokers busy with their calculators exane targets £1.98 /goldman £2.13 / hsbc £2.5 .reading this week end that chas wilson will have a 5 year tie in and in all probability will become the boss (perhaps he's the real target for tsco in all of this )
picstloup
27 Jan 2017
Re: peel hunt... peel hunt targets £2.25 and that seems more like it to me__________ ________At the current £2.09 price, Tesco's bid is worth £2.225 per Booker share. Not counting the last special dividend (c3p per share based on last year's EPS).
valeite
27 Jan 2017
peel hunt... peel hunt targets £2.25 and that seems more like it to me
Ripley94
27 Jan 2017
Re: Back in sold in early dealing 8.07am @ 207.15.. Odd as my rejected offer 8.05:47 @ 205.9 was on trade history which threw me .. ( odd number of shares so no coincidence ?. Made me recheck )Best of early deals but went higher by 9 am .. 210 pOdd stuff goes on ????
valeite
27 Jan 2017
Re: NO to the merger with Tesco my sentiments too . the thing with tesco is it has lots of big stores which are ex growth .many will have to be closed .in time 25%of food retailing will be online....throw in an underfunded pension fund......the list of problems on and on .i don't get it and i think i don't want tsco either
Ripley94
27 Jan 2017
Re: Back in Doing better since i stopped listening to expert educated employees of brokers.. who carry same name.
