Value investing weekly roundup: 20/09/14

Another week flies by, Scotland remains part of the UK and the FTSE 100 still hasn’t really gone anywhere so far this year. As if that wasn’t enough, here’s a list of some things I read/watched/did in the last seven days.

Author: John Kingham

I cover both the theory and practice of investing in high-quality UK dividend stocks for long-term income and growth.

One thought on “Value investing weekly roundup: 20/09/14”

  1. I have just read Schroeder comment on Tesco and I can agree with them on some of the assumptions, although having a 6% margin in the past will not guarantee a 3% margin in the future.

    Today I have heard about overstating the profits for the first half by £250m and some Tesco’s directors suspended, which raises some eyebrows. I used those figures when buying shares in Tesco and the announcement sent me in ‘Red’.

    However at this price I bought a few more shares. I don’t think that Tesco will go back at what it was 8 years before, but I believe now it trades too cheap. Investors are disregarding now the value of the land and property, and probably even the fact that it can take advantage in the disruption caused in the food sector by Russia and the ending of the milk quotes in Europe next year.

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