Tesco Plc. ADR (TSCDY)

[jmallen]

Loaded at $12.50. This is will be a turn around story. Lots of hidden value with their real estate holdings and new management focus back to basics. Book value is at $9.50 so future growth has been discounted. The 5% dividend is worth the investment alone, trading at these prices long term will appreciate. This is a solid 35% return next couple of years back to $20 a share or more. Buffet was wrong so far but again the prices weren't this cheap, also new management is likely to turn it around. It really could be much more ugly for them, so that's why I bought it! Any positive news developments will surpass expectations sending it to much higher prices!