Tesco profits plummet - Page 2

Ignitionnet · 07-10-2015, 17:22

Quote:

Originally Posted by alanbjames

i mean £440 not £4.40. That is what he told me and how much he lost per share.

Nah, in the past 5 years Tesco shares have maxed out at £4.39. He definitely hasn't lost £440 per share.

Julian · 07-10-2015, 18:31

Unless he paid more than £1.85 a share he hasn't LOST anything.

Osem · 07-10-2015, 18:37

IIRC B&B shares were issued free to customers depending on the accounts and savings they had with the building society. Of course some people may have bought more but I believe the vast majority were only holders of their free allocation.

beeman · 07-10-2015, 19:20

Quote:

Originally Posted by MarkC1984

Yes, in Stevenage we have 2 Tesco Extras, 2 Tesco Express stores, 1 big ASDA store, 1 small Sainsbury's store and 1 big Sainsbury's store. Plus an good size but very average Waitrose. Only supermarket not in town is Morrisons.

But you do have a Morrisons in the next town down (WGC)

Quote:

i mean £440 not £4.40. That is what he told me and how much he lost per share.

Then hes mistaken, you can check the historical shareprice for Tesco on google https://www.google.com/search?q=tesc...utf-8&oe=utf-8

**Damien** · 07-10-2015, 19:27

Yeah Tesco would have collapsed already if it had experienced that kind of fall. They have problems but they're still a variable business.

MalteseFalcon · 07-10-2015, 20:23

Yes, there is a Morrisons in Welwyn and one in Letchworth. Both Garden Cities. Maybe if Stevenage became a GC we would get a Morrisons then?

denphone · 06-02-2018, 11:43

Tesco fraud trial abandoned pending possible re-trial.

http://www.bbc.co.uk/news/business-42943382

richard s · 07-02-2018, 20:24

Now over 200,000 female workers have been underpaid which includes holiday's as well than their male colleagues. This could cost Tesco 4 billions pounds.

**Hugh** · 07-02-2018, 20:34

Quote:

Originally Posted by richard s

Now over 200,000 female workers have been underpaid which includes holiday's as well than their male colleagues. This could cost Tesco 4 billions pounds.

Allegedly.

Case brought by Leigh Day, who failed for more than five years to reveal that its Iraqi clients pursuing claims against British soldiers were members of a Shia militia.

https://www.theguardian.com/uk-news/...tia-mahdi-army

**Paul** · 07-02-2018, 22:07

Quote:

Originally Posted by richard s

Now over 200,000 female workers have been underpaid which includes holiday's as well than their male colleagues. This could cost Tesco 4 billions pounds.

That would mean every single one of them being underpaid by £20,000 - that seems highly unlikely.

Julian · 07-02-2018, 22:30

Quote:

Originally Posted by richard s

Now over 200,000 female workers have been underpaid which includes holiday's as well than their male colleagues. This could cost Tesco 4 billions pounds.

They weren't doing the same job......

denphone · 08-02-2018, 04:54

Quote:

Originally Posted by Paul M

That would mean every single one of them being underpaid by £20,000 - that seems highly unlikely.

Indeed those working with Tesco who have been through some considerable time might get that but l would hazard a guess that the vast majority of their staff would have been taken on in the last 5 years thus they will get nothing like that and add on to that that the vast majority will be part time now as well as the supermarkets don't employ nowhere near the amount of full time staff they once did as in many stores just 1 in 10 are getting a full time salary and that was just a few years ago..

https://www.walesonline.co.uk/news/l...l-time-2506566

08-02-2018, 05:47

Hey this is the UK 2018 we don't do that old fashioned thing of supporting anything we tear things down launch lawsuits and complain someone did better then we did it's the modern way lets hope tesco can stand against it.

**Maggy** · 08-02-2018, 09:18

I'm not sure this is an equality issue either. Surely there are male shopworkers and there are also women who work in the warehouse as well..Because if not that would be the real equality issue.

nomadking · 08-02-2018, 09:46

Are they seriously suggesting that Tesco and other supermarkets would have been paying £11/hour to shelf-stackers all these years?

Yet another example of women expecting to be paid extra for doing less.

Look at Germany where the unions were trying get up to 2 years reduced hours(28 from 35) with NO LOSS of pay to look after their families. They haven't succeeded, this time.