SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (44610)10/4/2011 6:26:11 PM
From: E_K_S  Read Replies (1) of 78670
 
SEPTEMBER 26, 2011, 1:22 P.M. ET

Buffett Adds Tesco Shares to Basket
online.wsj.com

From the article:"...Berkshire Hathaway Inc., Buffett's investment vehicle, bought 34 million shares in the group in the last week of August, valued at around £120 million ($185.5 million) at the time, raising its stake in the group to 3.64% from 3.21%, the person said...".

----------------------------------------------------------------------------------------------

TESCO PLC SPONS ADR (Other OTC: TSCDY.PK ) - Maybe I should buy back the few shares I sold 8/29 for $18.29/share. It's been over 31 days.

I actually like SVU better but am bullish on the entire sector especially in a slow growth economy. The key is to buy at the right PE (less than 10 is good). TSCDY's PE is 11.63 w/ a forward PE of 10.63. I will add this name to my retail watch list since Buffet likes the name. However, I will be looking for an entry point in the $15.00/share price range. Stock tested a 52wk low of $16.25/share on 9/22/2011. The stock did trade in the $12.00/share to $16.00/share range in the 2008-2009 time period.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext