Tesco

Old Nov 4th 2013, 1:35 pm
  #16  
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Default Re: Tesco

Oh OK...not nit picking. So Bloomberg screwed up,possibly
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Old Nov 4th 2013, 2:03 pm
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Default Re: Tesco

Originally Posted by ex reg
I refer my hourable friend to the answers I have given above.
What's an "Hourable friend"? Are they the ones you make on facebook?
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Old Nov 5th 2013, 12:58 am
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Cross between 'orrible and honourable and the time of day, like.
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Old Nov 5th 2013, 4:23 am
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Default Re: Tesco

No more questions, your honour.
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Old Nov 5th 2013, 7:43 am
  #20  
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Default Re: Tesco

Originally Posted by ex reg
Cross between 'orrible and honourable and the time of day, like.
Are you saying I'm 'orrible?
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Old Nov 5th 2013, 12:09 pm
  #21  
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Default Re: Tesco

the Tesco's in JB are pitiful so no big loss, if true. These huge international companies take forever to act on what they decide - closing down could take a year. Likely any decent stores would be sold to someone else (or some new company will buy leases... on top x number of current locations...).

Tesco pulled out of the USA (they invested in new small stores they created - Fresh and Easy) it took a long time to actually get out.

I don't see anything on Bloomberg's web site about it.
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Old Nov 5th 2013, 12:14 pm
  #22  
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Default Re: Tesco

Originally Posted by bakedbean
Are you saying I'm 'orrible?
Course not.

You're lubbly.
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Old Nov 5th 2013, 12:37 pm
  #23  
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Default Re: Tesco

Simple Google search shows no reference to Tesco pulling out of Malaysia. They are, however, pulling back in other countries such as China and the US.

Sure it's not the first time Bloomberg has got it wrong.
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Old Nov 5th 2013, 12:47 pm
  #24  
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Default Re: Tesco

If Tesco do pulls out from Malaysia, the first thing I would miss is their free parking
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Old Nov 5th 2013, 1:13 pm
  #25  
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Default Re: Tesco

Originally Posted by ajw
Simple Google search shows no reference to Tesco pulling out of Malaysia. They are, however, pulling back in other countries such as China and the US.

Sure it's not the first time Bloomberg has got it wrong.
I think we can safely assume Tesco will be in Malaysia for several more years yet. There is no sign of a pull-out, nor any sign that any other media channel either in Malaysia or in the UK has picked up, or repeated, the ‘pull-out’ news ex-reg alleges he saw on Bloomberg in early October. And it would be major news.

It’s much more likely that any reference regarding a ‘pull-out from Malaysia’ made by Bloomberg in fact related to Carrefour selling its Malaysian operations to Japan's Aeon Co. Ltd. That’s nothing to do with Tesco.

Tesco’s interim results (2nd October 2013) are positive about the growth potential in Malaysia. With 47 stores here and £937m revenue in 2012/13, there’s still plenty of growth opportunity for Tesco in Malaysia - especially from its own-label products, ready meals and internet retailing. Indeed, the Tesco plc website (aimed principally at investors) states:

'Our business in Malaysia continues to offer us a significant long-term opportunity, particularly as we launch dotcom operations in 2013. Our physical presence comes through a network of hypermarkets, which are serviced by two state of the art distribution centres in Selangor. Since the launch of the business in 2002, we’ve opened many stores across Peninsular Malaysia, with combined floor space of almost 4 million square feet. We operate in partnership with local conglomerate, Sime Darby, which has allowed us to leverage strong local knowledge on entering a new market.'

Time to can the ‘pull-out’ red herring.

JC3

Last edited by JC3; Nov 5th 2013 at 1:15 pm.
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Old Nov 5th 2013, 1:17 pm
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Default Re: Tesco

Originally Posted by ex reg
Course not.

You're lubbly.
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Old Nov 6th 2013, 2:38 am
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Default Re: Tesco

that was good fun.let's do another !

I just heard that Giant are pulling out of Malaysia

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Old Nov 6th 2013, 3:25 am
  #28  
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Default Re: Tesco

Originally Posted by JC3
Time to can the ‘pull-out’ red herring.

JC3
Do Tesco sell pull-out canned red herrings? Are they in the tinned section or the fish section?
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Old Nov 6th 2013, 3:26 am
  #29  
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Default Re: Tesco

Originally Posted by kennyboy33
that was good fun.let's do another !

I just heard that Giant are pulling out of Malaysia

As it will soon be the Pantomime Season in good ol' blighty, and in the best traditions thereof......... "Oh NO they're not"!
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Old Jan 3rd 2014, 7:09 am
  #30  
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Default Re: Tesco

Do any of the supermarkets here offer home delivery service or online ordering & home delivery service?

That would be so helpful!

TIA
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