Tesco shares

[jonah35]

Thoughts on price?

[jonah35]

isleofthorns said:

catfood12 said:

I bought a pile at 196p. Not playing out as I'd thought.... They do have father to fall. From a quick punt, I think it's now a 5 year investment. They're not going anywhere, but the effect of the Aldi/Lidl has been underestimated in the supermarket market. I also underestimated the reputation in the markets of lying about the earnings. This is the difference between Tesco and Barclays during their drop. No one can predict short/medium term, but as a value & divis proposition they have to be worth low/mid 200s...

What's the saying..... An investment is a trade gone wrong! I'm in the same boat though.... If it hits 1.50, I'll likely go in again.... Even Buffett got this one wrong!

Could they just crumble to a pound and get another profit warning as they have to cut margins and aldi keeps growing? Could the reduced division mean loss of appetite from investors?

Why would they go up?