I bought 250 more Tesco shares but this time for my mother in law. I have been reading about the company and I do not see any fundamental problem, so I plan to keep on adding if it bounces a bit around current levels. Unfortunately Warren Buffett added at the same time and it was published almost immediately after, since then the stock is going up, reducing the chances to buy at low prices …
The company seems well managed, has lots of room to grow in emerging markets, owns real state valued at almost more than its current market value and is trading at historical low levels.
TSCOl 2012-01-16, 10:16:14 CHIXUK 250 3.1175