Mccoll's Retail Share Discussion Threads

[vaston] 09/5/2022 13:01

I was close to buying myself last week

[mrblueface] 09/5/2022 12:59

So happy all shareholders who laughed at my warning have lost everything PMSL

[vaston] 09/5/2022 12:19

And don’t get me started on yellow pages

[vaston] 09/5/2022 12:18

I won’t use Santander because I was once a Bradford and bingley holder

[vaston] 09/5/2022 12:17

Means pure shareholders who paid for it lose everything. It’s happened to me many times , I won’t walk into an HMV store still to this day.

[mrblueface] 09/5/2022 11:59

PMSL you MUG you was warned other month, hope you lost a lot of money LOL

[mrblueface] 09/5/2022 11:58

PMSL you gambling mugs lost everything :D

[flc] 09/5/2022 11:35

I'm pleased Morrisons have won the battle..a much better fit for the future of the business and its employee base. The pre-pack is a shame for shareholders but hopefully the ones that got in at the pennies level won't have lost too much. Anyway, time to move on.

[36jay] 09/5/2022 11:21

Looks like we coming back live soon.Asda and Morrison bid war going on.we all be rewarded.Great news

[loganair] 09/5/2022 11:16

Lease and Rent are to different things.

[shanejay74] 09/5/2022 11:07

Lease = rented doent it

[loganair] 09/5/2022 10:56

What I understand if Morrison's are the buyers of McColl's they are likely to close or sell the leases of around 300 stores to bring the number down to around 800 stores.

[apfindley] 09/5/2022 10:32

Looks like admin and ZERO coming to shareholders.Where is Global today?Or is he using a different account.

[1tx] 09/5/2022 10:27

All of McColls shops are leased;presently it has around £160m liabilities under contracted leases(based on figures given in accounts adjusted to May 2022).It will be interesting to see if Morrisons have taken over these liabilities because it makes it very difficult to close stores as not only is it liable for rent on closed stores for the period of the lease but also rates insurance & maintaining properties.

[shanejay74] 09/5/2022 10:14

Jobs kept but at what cost I can see a massive property sell off especially sub 1500sq stores and all newsagents, not to mention job T&Cs changing and lower contracts. Morrisons standard contracts are 16hr as sales and 20hr as supervisors. But in the short term ALL are safe which is good news but the tide will turn and see all unwanted smaller stores sold off probably to developers

[mrblueface] 09/5/2022 10:10

Shareholders LOST EVERYTHING PMSL

[supercity] 09/5/2022 10:08

It says they will buy them immediately after being declared insolvent- if that's not clear enough for some it means shorters won't burn, the shares will not come out of suspension and the shares are worth zero.But the good news is that workers are likely to keep their jobs

[irpy] 09/5/2022 10:08

Has any1 else noticed that MrBlueface is an anagram of his favourite radio station... Arce Lube FM.

PMSL, ROFLMFAO.

[letmepass] 09/5/2022 09:41

I agree with DENMARK. he knows everything. He is the oracle.

[aleman] 09/5/2022 09:34

Guardian Live are saying a Sky News source says Morrisons have won the battle for MCLS over the weekend. Details soon to follow from Sky supposedly.

[demark] 09/5/2022 09:15

it is sad as in my opinion
ord shares in MCLS is now
history!!!

but unfortunately there are
still punters in this bb that
still believe the ord shares
for MCLS might be back to the
market trading!!!!

good luck!