||EPS - Basic
||Market Cap (m)
|Food & Drug Retailers
Morrison Share Discussion Threads
Showing 9776 to 9799 of 9800 messages
|Nerdlinger - 10 Jan 2017 - 18:17 - 1435 of 1439 - 0You think the share price is high now? Wait and see what happens when the massive short position finally closes.That is exactly why Nerdlinger posted the above comments.The present share price has covered the effects of the massive short position to date.As the short will eventually be closed, the price of MRW will .......|
|That's still quite a lot....15%!!!!|
|The shorts reduced the position down to 15.1 %.|
|Madoff cash, transactions growing and basket size decreasing is what the industry is seeing. More small shopping visits buying as and when, not a big weekly shop. You cannot say that it is a negative, it is just a swing in the way the money has been spent.Also, who is to say market share at Morrisons declined? The kantar data is a 50,000 person sample and is clearly misleading as it did not identify Morrisons as a winner over Christmas and then look at their sales. Market share cannot decline if they see one of the strongest year on year growths can it?Always take the kantar data with a pinch of salt at best I would say, scaling up a sample is never going to give a true result and the last three major headlines produced by kantar have been inaccurate vs the numbers the companies then put outThanks|
|You think the share price is high now? Wait and see what happens when the massive short position finally closes.|
|madoff- I wish your estimation of a price between 180 and 220 will be correct, so I could get more of MRW. However, I would like to know what your estimation is based on?Based on the momentum of the rise of the share price, I rather believe it will go up to 250 - 255 pretty soon before taking a breather.|
|Don't understand the enthusiasm here. Sales grew. That's positive. But the market-share loss trend continues. Last year their market share during 12 weeks period to 03/01 is 11%. This year it's 10.9%. All big four lost their share of market to discounters and Waitrose (even to Iceland).
Dig in today's report a bit detail. Volume growth is negligible. There was a transaction growth (reflecting more customers), but the basket size shrank which off set the volume growth. Btw, this declining basket size trend is continuing. That's probably why supermarkets are concentrating on smaller, convenience stores for growth. And almost all the sales growth come from increase in food-to-go, i.e. prepared sandwiches and snacks. (It's interesting to see how eating habit of consumers change over time.) So the size of the growth I don't think they can maintain.
There's still a relentless margin pressure. No doubt progress has been made under new management. But there's little scope for further improvement. The shares look over-valued. My estimate is somewhere between 180p and 220p.|
madoff with cash
|"MORRISONS was in bullish mood this morning after reporting an increase in sales over the Christmas trading period, its strongest performance in seven years.
It now expects its full-year underlying profit before tax to be ahead of the market consensus, in the range £330m-£340m"|
|Well done to them :-)|
|Really happy with the results, thought they would be good but even I didn't expect that strong a performance!|
|bookbroke - I believe you are right on this, the shorters are certainly under water for a while, they really need to come up for breath.http://www.telegraph.co.uk/business/2017/01/07/high-street-giants-defy-festive-retail-gloom/|
|Sunday Papers are full of praise for Morrisons !
Chinese Investor (MRW) 3 Nov '16 - 10:07
I've bought more of these after selling LEG !
240p Soon !
Chinese Investor (MRW) 9 Aug '16 - 07:03
200p Soon !|
|Most of these shorts must be well under water by now, the way this co. is performing the stock price will be hitting five year highs soon, when we're these shorts put on, the outstanding number is still very high if accurate!|
|And another 22.8m traded. An orderly exist, which is impressive. Momentum is in our favour.|
|If the price of MRW goes through 237/238 sometime next week, the next stop will be 250. Let us wait and see.|
|The price is going up! The quote of the number of shares on loan or shorted depends on the source we checked. I do not believe how accurate the figures are is critical, as far as the trend is what we are interested.The % of shares on loan/shorted is coming down since September. The price of MRW is rising and that is what important to me and other holders.|
Average number of shares on loan (the number of shares on loan is widely accepted as a proxy for the total short position) last month according to Euroclear was 19.36% of shares in issue (Nov 20.57%, Oct 21.76%, Sep 22.57%, August 21.70%, July 21.77%, June 21.65%, May 21.25%, April 20.40%, March 22.12%, Feb 22.68%, Jan 22.31%).|
|19m traded today - fly fly fly!|
|Shorters are certainly closing their bets on MRW. % of shorted MRW shares is now 15.9.|
|Terminated- I visited Italy once a year on average over the past decade or two because I have a relative with his family lived there. Although I am not an Italian, I have a good feel how Italy has been changed since joining the EU especially the price changes on fruits and vegetable in supermarkets that could be compared pretty directly. Countless's posting on Telegraph, that tipped Morrison as a buy, hopefully will give you some ideas about this share. Well done countless!I have bought and hold Morrison in the past two and a half years. It gives me a very good return both in dividend payments and price gain and I am very happy about it!Happy New Year to everybody!!|
|Kc sham - from my experience Italy was at least 30% more expensive in everything so not sure you can make a direct comparison. One could argue they were oversold but i ust don't get the big rises in supermarkets over the last few months, i just wouldnt feel comfortable buying at this price until one of tne big 4 announced some form of results.|
|I see we are tipped by The Telegraph
I thought I should put my mouth were my money is! So have started to shop on line with MRW - excellent so far. Their meat is the best of all supermarkets. Good luck and Happy New Year to all.|