Tesco Plc. ADR (TSCDY)

[viseu]

Hi Eddy.
Don't load everything you have in one stock, that's a no no :)
I am concerned about the macro economics. If markets crashes, then good and bad stock would go down indiscriminately, so be sure to have some cash on the side :)

Regarding Tesco, the UK business is struggling due to discounters plus all the bad press of Tesco squashing the suppliers to extract money from them (like mafia), but I believe Dave Lewis is on top of this. It was great to know that in the "Third Quarter Interim Management Statement" there was no talk about issuing stock.
Tesco could offload the asian business (such as Tesco Lotus in Thailand) and Dunn Humby at a good price, and refocus on the UK business. Let's see what happens during this year as this sort of things does not happen overnight.


Disclaimer: I have 4% of my portfolio on Tesco.