Is this the right time to buy shares in Tesco Plc? Watch

mattymoo432
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The share price is at all time low of around £1.76 a share compared to £4.80 a share in 2008.

2017 was the first year Tesco posted fantastic results. Moreover, Tesco has restarted paying dividends this month.

With a merger with the wholesale chain Booker, in early 2018, look set to go ahead.

Is this now the best time to buy Tesco shares?
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del1rious
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I don’t know but am watching this forum as would be interested!!
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Doonesbury
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(Original post by mattymoo432)
The share price is at all time low of around £1.76 a share compared to £4.80 a share in 2008.

2017 was the first year Tesco posted fantastic results. Moreover, Tesco has restarted paying dividends this month.

With a merger with the wholesale chain Booker, in early 2018, look set to go ahead.

Is this now the best time to buy Tesco shares?
It's not an all-time low, that was Dec 2015.

The Booker provisional verdict has already been delayed - on what basis are you saying it's likely to be approved?

Are you a Tesco shareholder?
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mattymoo432
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(Original post by Doonesbury)
It's not an all-time low, that was Dec 2015.

The Booker provisional verdict has already been delayed - on what basis are you saying it's likely to be approved?

Are you a Tesco shareholder?
No but looking to buy some
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mattymoo432
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(Original post by Doonesbury)
It's not an all-time low, that was Dec 2015.

The Booker provisional verdict has already been delayed - on what basis are you saying it's likely to be approved?

Are you a Tesco shareholder?

Based on what you're saying, do you think now is the best time to buy Tesco shares?
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Doonesbury
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(Original post by mattymoo432)
Based on what you're saying, do you think now is the best time to buy Tesco shares?
No idea.

Broker consensus is pretty "neutral"
http://www.hl.co.uk/shares/shares-se...oker-forecasts

Also
https://markets.ft.com/data/equities...sts?s=TSCO:LSE
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