Share Name Share Symbol Market Type Share ISIN Share Description
Morrison LSE:MRW London Ordinary Share GB0006043169 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.90p +0.36% 250.10p 250.05p 250.20p 251.00p 248.15p 248.15p 726,066 11:29:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,262.0 380.0 13.3 18.8 5,921.70

Morrison Share Discussion Threads

Showing 9826 to 9849 of 10100 messages
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DateSubjectAuthorDiscuss
25/3/2017
13:57
OK, we continue to learn something. But I would have thought that any CFD provider will have to cover its net short or long CFD position by being short or long real shares, otherwise they are massively exposed.
zastas
24/3/2017
17:39
well I got a response from the FCA, my complaint was not upheld and I have been schooled. Apparently a large proportion of the declared short positions can be cash-settled derivatives such as CFDs (I hadn't realised that these were used in the same order of magnitude as regular share-settled short sales but a little bit of research suggests they can be). This makes shares on loan data quite a lot less valuable than I thought, more of a very rough indication of than a proxy for the total short position. The email also said that the FCA might be investigating this particular issue but I think that might be a convenient way of dismissing any further protest from me because disclosure may impact their enquiries etc... ... so it looks like a growing porportion of the declared short positions in MRW do not have to be settled by buying shares and I'm guessing they won't contribute to the inevitable and still massive short-squeeze.
nerdlinger
16/3/2017
18:58
If anyone is ever in my area worth checking out their Weybridge store, very impressive, and busy.
essentialinvestor
16/3/2017
08:38
http://www.fool.co.uk/investing/2017/03/09/why-id-buy-and-hold-wm-morrison-supermarkets-plc-for-the-next-decade/ A very interesting read on some of the strengths of MRW. Life has been difficult for the UK’s four largest supermarkets over the past few years but now the light at the end of the tunnel appears to be shining through. Morrisons (LSE: MRW) has executed one of the best turnarounds of the group thanks to management’s decision to take the company back to its roots. The firm was built around the idea of offering shoppers high quality produce at low prices, exactly what the hard-pressed UK consumer needs today. The company’s results for the year ended 29 January 2017 show just how the return to basics has helped it improve its prospects. According to the figures published this morning, for the year Morrisons reported profit before tax up 49.8% year-on-year to £325m and like-for-like sales ex-fuel and VAT up 1.7%, in the first year of positive sales growth since 2011/12. Sales grew above-trend during the fourth quarter with the company reporting like-for-like growth of 2.5%. Turnover for the year was up 1.2% to £16.3bn despite store closures, which shows the strength of the Morrisons brand and is testament to management’s online expansion strategy. Ready for further growth Morrisons is firing on all cylinders, and the company is now well-placed to grow steadily over the next few years. What’s more, actions to cut costs, pay down debt and reorganise the company’s store portfolio mean that the firm now looks to be one of the safest investments around. Indeed, its key strength has always been the balance sheet, which remains the case today. The company has £7.2bn of property and £1.3bn of net debt. Management is looking to reduce net debt to £1bn by the end of 2017/18. With a reported free cash flow of over £600m for the past two financial years, there’s no reason why the company can’t achieve this target and maintain shareholder payouts. When debt is reduced and profits stabilised, Morrisons will be a cash machine, and I expect management to increase the company’s per share dividend payout dramatically. At present, the shares support a dividend yield of 2.2%. Over the next decade, I expect it will become one of the market’s best income stocks as it rewards shareholders with hefty cash payouts.
countless
15/3/2017
19:57
scotches, the shares on loan data is thought to be prone to double-counting of loaned shares which are then loaned on and they are also supposed to be loaned for reasons other than settling short sales, like for the use of the voting rights. I know of no reasons large numbers of loaned shares would not be counted by clearing. Nothing is certain but I'm confident enough to trouble the FCA with it. The FCA are better able than me to notice this discrepancy, they might have even mislaid some declarations, if it's the FCA's fault I'd be satisfied if they just get it right in future. Making a complaint against the FCA is just probably the simplest way for a private shareholder to get them to act. Yes that Pelham position looks like a good candidate for some of the discrepancy.
nerdlinger
15/3/2017
17:55
Nerd. Is the Euroclear position certain to be accurate and the fault lie with the FCA. Maybe they can fine themselves then. Any ideas on that Pelham position which has just celebrated a third consecutive year of being stuck on 1.25% short = 29 million shares.
scotches
15/3/2017
15:16
scotches, this morning I made a complaint to the FCA against the FCA for publishing false declarations re MRW. I've made complaints to and against them before about their failure to publish the daily updated spreadsheet and these complaints were upheld by them and the spreadsheet has been more reliably published, so I think they take complaints seriously. There doesn't appear to be any other way to work with them other than official complaints. There is a further option to make a complaint to ESMA against the FCA. Anyway, give it a few days and they might update the spreadsheet with up-to-date short positions.
nerdlinger
15/3/2017
14:08
<<...shorts data looks fake now, it exceeds shares on loan data>> I put a link above at the end of the header info to the daily short position excel sheet as produced by the FCA (Financial Conduct Authority). The shortracker report is identical to the FCA listings apart from the fact that shortracker may be a day behind if there is a recent change. At the moment both have the disclosed shorts at 16.89% of the company. I don't know what punishments await a company for false short declarations but you would think the proliferation of fines should make financial companies eager to be accurate. I wondered some time ago that at least one of the declared positions seems very odd. Why would this fund be holding short 1.25% of the company for a full three years. If it is to offset an alternate long position then that seems baffling as well. How can a company benefit overall when the short position incurs dividend and loan fee costs. Pelham Long/Short Master Fund Limited WM MORRISON SUPERMARKETS GB0006043169 1.25 2014-03-13
scotches
15/3/2017
10:06
I'm not a nationalist, I'd prefer humanity to unite under a global government and I don't think I'd like home grown oranges but a Buy British campaign might be good for the UK's largest fresh food producer. http://www.express.co.uk/news/uk/779075/online-food-shopping-british-only-minister-parliament-talks
nerdlinger
15/3/2017
08:57
pherrom, shorts data looks fake now, it exceeds shares on loan data.
nerdlinger
15/3/2017
08:25
Good Recovery !
chinese investor
15/3/2017
07:02
Two director purchases but shorts have increased to 16.9%.
pherrom
14/3/2017
15:01
"The Company announces that on 13 March 2017, Neil Davidson, Non Executive Director, purchased 12,800 ordinary shares of 10 pence each ("Shares") in the Company on the London Stock Exchange at a purchase price per Share of 234.8p."
chinese investor
13/3/2017
10:23
That's better.
chinese investor
13/3/2017
10:16
The rating demands faultless execution, and in a market where competitive pressures only appear to grow.
essentialinvestor
11/3/2017
13:32
Well, the smiles were on the faces of shorts. Seems to have been a case of selling on the good news. The results were exactly as guided in advance, good but nothing extra that I hoped for. Still, MRW remains the pick of the bunch. Not many companies with a pension surplus with our current ZIRP. BT has 10 billion deficit and Tesco about 3 from memory. Owns 80% of stores, whereas Tesco is saddled with a mass of RPI-up-only leases. Low and on course-to-disappear debt. Admittedly forecast profit rise is not great but then thanks to extreme BoE policy all yields are relatively low.
zastas
10/3/2017
08:58
Wet Dream Begins !
chinese investor
10/3/2017
08:13
Nightmare Over !
chinese investor
09/3/2017
14:59
I've doubled my holding - great dividend !
chinese investor
09/3/2017
12:11
Ha ha. Shorters are funny. Some of them will have taken advantage of the dip and closed but they are the tip of a massive iceberg. Good results, I'm very happy to hold.
nerdlinger
09/3/2017
11:42
Recovery Continues From Here ! Hopefully !
chinese investor
09/3/2017
11:01
Pe ration of over 20 far too high in a highly competitive sector and set to get even more so. I expected a fall coming.
simon templar qc
09/3/2017
10:25
I've sold mine this morning. The new CEO has done very well but it will get tougher from here I would guess.
value king
09/3/2017
10:20
Nothing much wrong with the results that I can see. Quite bizarre though to have no mention of current performance or near term outlook! Just some vague platitudes about the "medium term" plan being on track. Hopefully there will have been more info provided (or demanded) on the analysts call.
kazoom
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