A diary charting the thoughts, investing strategies, share investments, and stock market experiences (both good and bad), of a private investor.
Thursday, 13 January 2011
Watchlist alerts.
2 of my watchlisted companies have issued trading statements this week, Greggs and Tesco, which I need to digest. I have dithered on both in the last 12 months but would like both in my portfolios for their steady boring growth. Greggs statement has been accepted very positively but Tesco's not quite so due to the comparison with Sainsbury's recent positive statement. By all accounts, it seems that Tesco has at least maintained market share (Sainsbury's being deemed to have cannibalised Asda's market share), and appears to have seen growth in its overseas operations. This could mean that Tesco's represents a buying opportunity on a long term view, with its increasingly diversified operations incl. global spread, UK garden centres, and Financial services providing an engine for growth.
Labels:
Company news
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment