標題: Tesco危機?轉機?
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發表於 2014-3-10 23:35  資料 私人訊息 
Tesco危機?轉機?
http://udn.com/NEWS/WORLD/WOR2/8531996.shtml
英國最大零售商Tesco為減少賠售,並扭轉市占率下滑的趨勢,將長久性地針對若干商品項目提供價格優惠,以取代過於繁複的促銷活動。由於消費者轉向Aldi、Lidi等量販店或Waitrose高檔雜貨店購物,Tesco超市聯鎖網近兩年在英國的銷售持續萎縮。該公司英國部門主管布希說,公司將致力提供「更低、更穩定的價格」。
布希在倫敦的記者會上說,Tesco每年將支付2億英鎊(3.33億美元)的額外開銷,永久性地降低胡蘿蔔與小黃瓜等日用品的售價。每袋一公斤的胡蘿蔔售價,將從1英鎊降為80便士,小黃瓜則從每公斤65便士降為49便士。
他說,雜貨類的促銷活動搞得太繁雜,反而會把不堪其擾的購物者趕向量販店或是高檔的雜貨商。根據市調機構Kantar Worldpanel的調查,Tesco在英國的市占率已從2007年的31.8%尖峰,降到目前的29.2%。Tesco集團執行長柯拉克也說:「現在的數字不是我們所樂見。」
Tesco並宣布,要大幅減少在英國與歐洲開設新店的數量,並削減資本支出,以釋出資源,投入更快速成長的線上購物和便利商店業務。
Tesco預定2014/15會計年度新開設的超市面積將只有70萬平方呎,遠低於2008/09年度的250萬平方呎;資本支出也從660萬英鎊降為250萬英鎊。Tesco表示,未來每年將增開150家便利商店,也投注更多心力在線上雜貨業務。
Tesco並且證實,不再追求5.2%的毛利率目標。執行長柯拉克說:「我們的毛利率就是實際達成的毛利率。」

【2014/03/07 聯合晚報】

@ http://udn.com/




全文網址: 搶市場! Tesco無限期降價 | 國際財經 | 全球觀察 | 聯合新聞網 http://udn.com/NEWS/WORLD/WOR2/8531996.shtml#ixzz2vZfEvJDj
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發表於 2014-7-22 09:11  資料 私人訊息 
英國特易購執行長下台
https://tw.news.yahoo.com/%E8%8B%B1%E5%9C%8B%E7%89%B9%E6%98%93%E8%B3%BC%E5%9F%B7%E8%A1%8C%E9%95%B7%E4%B8%8B%E5%8F%B0-071300409.html
英國超級市場連鎖企業特易購(Tesco)今天(21日)宣布,首席執行官菲力浦.卡拉克(Philip Clarke)將於10月下台。

根據報導,菲力浦.卡拉克下台的原因,跟特易購本季出現過去40年來,銷售業績最差的一季有關。
菲力浦.卡拉克過去3年多來,一直帶領特易購,10月將由聯合利華(Unilever)執行長大衛.路易斯(Dave Lewis)。
特易購在聲明中指出,該連鎖企業現在面臨的經營情勢,「比他們所想的更加艱困」。





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發表於 2014-9-22 23:16  資料 主頁 文集 私人訊息 
TESCO爆會計醜聞 股價創11年新低

受會計醜聞影響,TESCO股價大跌至11年來新低。路透


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2014年09月22日23:00


英國最大連鎖超市TESCO坦承,公司上半年營業利益高估了2.5億英鎊,目前已經要求勤業眾信(Deloitte)會計事務所展開調查,找出獲利預測被誇大的主要原因,調查結果預估將會在下月23日與上半年業績一起公布。

TESCO在上月29日公布獲利時,涉嫌誇大獲利達2.5億英鎊。原先預估至8月23為止的半年營業利益為11億英鎊,TESCO表示,旗下英國食品業務出現提早認列營收、延遲認列成本的會計缺失,已經委託勤業眾信會計事務所進行調查,預期將在10月23日公布調查結果。

TESCO今股價一度大跌逾12%至每股202便士,創11年來新低。研究機構Conlumino分析師桑德斯(Neil Saunders)表示,公司今天的聲明更進一步打擊了市場信心,TESCO在投資人之間已經失去了許多商譽,更重要的是,這也代表著公司表現比預期的還要差很多。(陳冠穎/綜合外電報導)


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發表於 2014-9-23 05:21  資料 私人訊息 
巴菲特也會犯錯, 再次證明, 多種果樹很重要.
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發表於 2014-9-23 05:27  資料 私人訊息 
source:
http://www.gurufocus.com/news/16 ... o-munich-re-sny-byd

QUOTE:
Tesco Plc (TSCDY.PK)

U.S. consumers and investors may not know Tesco, but the UK company is one of the most powerful retailers on the planet. With annual sales of more than $90 billion, it is just behind Walmart (WMT) and Homedepot (HD). Berkshire paid $1.7 billion for 3.6% of the company. This is the largest international purchase of Berkshire in 2011.

Berkshire first invested in Tesco in 2006, right about the time the retailer announced it was coming to America with Fresh & Easy, acquiring shares then equaling about a 1% ownership stake in the company. Since then Buffett has regularly increased his purchases of Tesco stock, resulting in the 3.6% ownership. Tesco is probably an equivalent of Walmart for Warren Buffett’s international plays. Buffett bought Walmart at the same time as he bought Tesco in 2006, and he added more in the third quarter of 2010, as he was buying more Tesco shares and added more in 2011.

Tesco has been much discussed on GuruFocus as the stock lost 20% since the beginning of the year. Buffett had a gain 6% as of Dec. 31, 2011. Now he is at a loss of about 15%. You can buy this stock at about a 15% lower price than Buffett.

Is Tesco a good investment? It is certainly good enough for Buffett. Is it good enough for you? You can read more about Tesco here:

Tesco Still Sells For Less Than What Buffett Paid

Tesco Plc: an undervalued retailer

Tesco Falls Below Buffett’s Price; Will He Buy More?

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發表於 2014-9-23 08:34  資料 文集 私人訊息 
http://www.fool.com/investing/general/2014/08/29/britains-biggest-grocer-takes-one-on-the-chin.aspx

A downward slide
Tesco isn't alone in its fall, as many big British brands have been suffering recently. Competitors J Sainsbury and Wm. Morrisons have also been hit, with shares falling 21% and 32%, respectively, in 2014. All three brands have seen declines in comparable sales over the year, as customers simply hold on to more of each paycheck.
The difficulty for the brands is that they've now entered a spiral that takes profits and margins further down. As customers have less to spend, prices have to fall to entice shoppers in, which means lower price expectations across the board, which means deeper discounts are required.To counteract some of the sales damage, Tesco has cut back on other investments. That includes slowing down the pace of its store refresh program -- never good for sales -- and decreasing investment in IT infrastructure. It's also what led the company to cut back on its dividend, which has dropped 75% compared to last year.

The bottom line
Tesco is in a bind. Analysts have suggested that now might be the time that the company cuts back on international positions, which have failed to bring in big gains. The company currently generates about 30% of its revenue outside of the U.K., and falling back into a smaller position could free up all kinds of cash. On the other hand, the retailer's Asian business has had some success, and it could help support the company if it continues failing at home.

In the long run, what Tesco really needs is to break free from the downward spiral it's currently caught up in. The company's new CEO may be full of good ideas, but until he can get shoppers to come in for the brand and not for the savings, Tesco is going to be in the same sad spot. There's likely more bad news coming before things turn a corner.





[ 本帖最後由 chenleon1 於 2014-9-23 08:41 編輯 ]
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發表於 2014-9-23 09:10  資料 文集 私人訊息 
  1. J Sainsbury plc is engaged in grocery and related retailing. The Company is organized into three segments: Retailing (Supermarkets and Convenience); Financial services (Sainsbury’s Bank joint venture), and Property investments (The British Land Company PLC joint venture and Land Securities PLC joint venture). As of March 17, 2012, the Company operated over 1,000 stores comprising 572 supermarkets and 440 convenience stores. Investment properties held by the Company are those contained within its joint ventures with Land Securities Group PLC and The British Land Company PLC. In October 2011, the Company acquired online entertainment company, Global Media Vault Limited.Effective January 31, 2014, J Sainsbury PLC acquired the remaining 50% interest in Sainsbury's Bank PLC. Effective August 07, 2014, J Sainsbury PLC acquired a remaining 36% interest in Anobii Ltd.
  2. 森寶利
  3. J·森寶利公共有限公司是森寶利超市的母公司,常稱Sainsbury's,是英國第二大連鎖超市公司,佔16.6%的英國市場佔有率。 總部位於倫敦市霍爾本圓環。 同時該公司也經營財產及銀行業務。維基百科
  4. 股價SBRY (LON)278.32 GBX -5.98 (-2.10%)
    9月22日 下午5:02 GMT+1 - 免責聲明
  5. 總部英國大倫敦倫敦
  6. 成立於1869 年





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發表於 2014-9-23 09:17  資料 文集 私人訊息 
Morrisons was founded in Yorkshire at the end of the 19th century, and in 1967 became a listed company. After acquiring rival Safeway, Morrison became the fourth largest supermarket chain in the UK.

http://www.morrisons.com/




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chenleon1 (leon)
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發表於 2014-9-23 09:45  資料 文集 私人訊息 
這幾家公司比一比, 跟台灣現下的零售業看看. 家樂福搖搖欲墬
特易購已經 get out!
大買家 大潤發 頂好 也沒多好
松青也是賠錢
好像做不好的比較多!!!

剩下 7-11, 全家, 全聯, COSTCO 還很旺!!!

[ 本帖最後由 chenleon1 於 2014-9-23 09:46 編輯 ]
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發表於 2014-9-24 20:41  資料 主頁 文集 私人訊息 
2014年09月24日20:34


「股神」巴菲特(Warren Buffett)投資眼光一向精準,但難免也會踩到地雷,旗下波克夏海瑟威(Berkshire Hathaway)因TESCO股價暴跌帳面已經虧損約7500萬美元(22.7億台幣)。

TESCO自周一爆發會計醜聞以來,股價下跌約17%至11年新低,今年以來下跌幅度更高達逾42%,波克夏海瑟威持有TESCO近4%股權,為第3大股東,市值達17億美元(514億台幣)。

英國IG集團分析師麥凱格(Alastair McCaig)表示,考慮到TESCO現在所面臨的所有挑戰,此刻更不應該發生內部會計問題,獲利預測下修23%不是個小事情。(陳冠穎/綜合外電報導)

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發表於 2014-9-24 21:28  資料 私人訊息 
這裡看來Tesco已經不是巴爺爺前十大holding 了.....



Home > Hedge Funds > Berkshire Hathaway > Profile
Hedge Fund - Berkshire Hathaway

Warren Buffett Bio, Returns, Net Worth
Warren Buffett. We could jot down the nearly endless list of descriptives that would just begin to portray his followers’ feelings towards him. But it’s time consuming, so let’s just put this as a constant: Warren Buffett is The Man. We know.

[url=" id=]Show More[/url][url=]Share

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Fund ProfileFilling Period:


Fund Name:Berkshire Hathaway
ManagerWarren Buffett
Portfolio Value$107,580,386,000
Change This QTR+1.02%





Top HoldingsSee All
Filling Period:
Sorted by:No.SecurityTickerSharesValue (x$1000)Activity% Port
1.)Wells Fargo & Co New
WFC463,458,123$24,359,35922.64%
2.)Coca Cola Co
KO400,000,000$16,944,00015.75%
3.)American Express Co
AXP151,610,700$14,383,30813.36%
4.)International Business Machs Cor
IBM70,173,978$12,720,437+3%11.82%
5.)Wal Mart Stores Inc
WMT58,797,259$4,413,910+2%4.1%
6.)Procter & Gamble Co
PG52,793,078$4,149,0083.85%
7.)Exxon Mobil Corp
XOM41,129,643$4,140,9323.84%
8.)U S Bancorp Del
USB80,094,497$3,469,692+1%3.22%
9.)Davita Inc
DVA37,621,152$2,720,7622.52%
10.)Moodys Corp
MCO24,669,778$2,162,5532.01%
11.)Goldman Sachs Group Inc
GS12,631,531$2,115,0241.96%
12.)Directv
DTV23,467,995$1,995,014-33%1.85%
13.)General Motors Co
GM32,960,056$1,196,451+10%1.11%
14.)U S G Corp
USG39,002,016$1,175,131+12%1.09%
15.)Bank Of New York Mellon Corp
BK24,652,836$923,9890.85%
16.)Verizon Communications Inc
VZ15,000,928$733,996+37%0.68%
17.)Chicago Bridge & Iron Co N V
CBI10,701,110$729,816+13%0.67%
18.)Suncor Energy Inc New
SU16,458,330$701,619+27%0.65%
19.)M & T Bank Corp
MTB5,382,040$667,6420.62%
20.)Viacom Inc New
VIAB7,607,200$659,7720.61%

Read more athttp://www.insidermonkey.com/hedge-fund/berkshire+hathaway/1/#hBlIu74bW40sehK7.99
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發表於 2014-9-25 09:15  資料 文集 私人訊息 
這次不知道會不會是大家 "哀最大聲" 的時候, 又是這隻股票的最低點到了???
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發表於 2014-9-25 09:31  資料 主頁 文集 私人訊息 
巴菲特說:買股要能忍受股價腰斬。
以前只聽衪說,未見衪示範過。
這次看衪如何處理。

我只知道,股票千萬不要重押,
因為我們一定會買錯股,
連股神也一樣。
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發表於 2014-9-25 10:13  資料 文集 私人訊息 
Warren Buffett's Tesco share sale revealed
Berkshire Hathaway sold 115m Tesco shares last year, although Buffett still owns 3.7% of the firm

http://www.theguardian.com/business/2014/mar/02/warren-buffett-sells-tesco-shares-berkshire-hathaway


Tesco is the only one of Warren Buffett's 15 biggest holdings to be worth less than he paid for it. (股票不要單一重押)

Legendary investor Warren Buffett has sold down his shareholding in ailing Tesco by almost 30%.

Results from his Berkshire Hathaway investment company showed Buffett sold about 115m shares in the retail giant last year, 35m more than previously reported, leaving him with just over 300m, or about 3.7% of the company.

Tesco remains his 13th largest single shareholding, behind the likes of Coca-Cola, American Express and IBM, but at present it is the only one of Berkshire's 15 biggest shareholdings to be worth less than he paid for it, and is now valued at just over £990m.

In a letter to Berkshire shareholders, Buffett did not mention Tesco but affirmed his faith in long-term investments, advising his readers to "invest in stocks as you would in a farm".

The sale may be a further knock to wider faith in Tesco's prospects. Last week Philip Clarke, the firm's chief executive, dropped a pledge to target a profit margin of 5.2% and indicated fewer stores would open this year.


巴菲特第一個動作就是減持部份持股!


[ 本帖最後由 chenleon1 於 2014-9-25 10:30 編輯 ]
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發表於 2014-9-25 12:02  資料 私人訊息 
WMT 會有類似TSCDY的一天嗎?
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