Tesco (LSE: TSCO) has seen sales and profits slump in recent years and its dividend lopped in half, so surely management would want to keep hold of every penny it can of its shrinking empire? Not according to the latest reports, which claim the grocer is now officially taking bids for its massive South Korean business…
Tesco PLC: The Incredible Shrinking Supermarket!
VIDEO: One Fool puts Tesco PLC (LON:TSCO) under the spotlight.
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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