|Mon 10:44||al101uk||Spacecake,I took a position when the company hit 1.1x net tangibles, if results are good I make a profit, if results are bad then the share price falls and we are a large step closer to a capital restructure or private equity buy out... I'm not sure how you avoid that if Morrison's trades at less than net tangibles. In that instance I get the chance to pick up some more and I make a profit... read more...|
"There property is valuable if you can make money from it"
Sale and leaseback seems to be the strategy, which means the property is valuable and given current interest rates it's likely more valuable than it was at last valuation.
It's "their" not "there"
"Problem is the debt pile is to high"
13x covered, which ranks them 30th in the FTSE100, better than Astra
Zeneca... read more...|
|Mon 22:00||montyhedge||Online disaster, late to the party, the big boys have it sewn up. read more...|
The upcoming finals (13 March) should provide investors with Morrisons plan
to tackle strong pressures in the core estate. We expect a gradual shift to
stronger EDLP backed by more targeted promotional dynamics. A confirmation
of rapidly falling capex and potential disposal of non-core property is also
A tough year has just drawn to an end, and our forecast for a FY EBIT of... read more...|
FY Results March13
CURRENT PRICE: GBP237.50
TARGET PRICE: GBP275.00
Wm Morrison warned on January 9, when it reported Christmas LfLs of -5.6% for the six weeks to January 5. At that time it said it expected underlying PBT to be at the bottom end of the range of market expectations so we do not expect much surprise in the headline figures on Thursday, March 13 with the prelims... read more...|
|5 Mar 2014||careful||could warren buffett be interested in MRW i wonder?
he is taking a large position in a british company he says.
he has just started to buy farms in the usa.
mrw is vertically integrated and owns farms.
just his sort of balance sheet he likes, and about the right size.
just amusing myself.
i wonder what he is buying?
The last time I was this concerned about a CEO, was Fred Goodwin in 2007
|Mon 20:40||kiwi2007||Philips is likely to follow this week with £300m of price cuts. This will be seen as a step back towards Morrisons’ roots under Sir Ken Morrison when it was known as a gritty value retailer. Philips is also trialling a new store format in Preston that, intriguingly, looks like Morrisons’ own take on discount retailing. It is a retail warehouse with fewer ranges, quicker checkouts and an... read more...|
|Mon 14:15||gpd2||WM Morrison Supermarkets PLC- BUY MRWSF; GBP 237.5;
The week end press (Sunday Times) is speculating that Morrison may announced
a significant price investment plan and a possible property sell off that could
generate £500m and be returned to shareholders.
Meanwhile, the press (Bloomberg, 7 March) was speculating last week that
private equities was waiting for Morrison to announce its... read more...|
|Sun 20:00||barry276||Ha, Ha, Ha. Haven't laughed so much in ages. £18b sales £700m plus profits. yeah! big CRISIS. Yes spring is here! Love is in the air! You two should get a room and compare notes. read more...|