Morrison (wm) Supermarkets Share Discussion Threads

[carlsagan1] 22/5/2019 11:50

Any1 used X-O(by jarvis) or iweb-sharedealing(by halifax)?

ii have decided to up there fees again, from June it will be £9.99 per month, ive decided its time I finally left them.

I find it unacceptable that if i dont trade for 5 months, ii think its ok to charge me £50... Yes they give it £40 of it back in trading credits, but they expire unused after 90 days.

x-o and iweb advertise a simple flat trade-only fee of £5.95 per trade and have NO inactivity or monthly/yearly admin charges like ii do

[ballymoss18] 10/5/2019 12:15

That is good no waste and the end of the trading day and fresh stock in the morning. Good for the margins, not invested but may do now.I hate shops that sell the same meat, veg and bread for days.

[pherrom] 09/5/2019 09:41

'David Potts, Chief Executive, said:
"We are improving the shopping trip ....'

At 9:00 this morning Morrisons, Oxted had only 2 check-outs (wo)manned. A frustrating wait.

[muffinhead] 09/5/2019 08:47

The Ocado fire has indirectly helped Morrisons

[connorcampbell] 08/5/2019 13:21

!YOUTUBEVIDEO:dXa64Hgz6Y8:
Can Morrisons find its way out of the discount aisle following Thursday’s Q1 statement?

Mid-March’s full year results failed to bring investors back on side, despite there being a lot to recommend. Group like-for-like sales, excluding fuel, jumped 4.8%, close to double the 2.8% increase posted the year previous.

However, there was maybe some concern over the slowdown in like-for-like retail sales in Q4. While its wholesale division saw a 3.2% increase, the standard supermarket arm saw just a 0.6% rise, less than half what was posted in Q3, and just shy of a third of the growth seen in the first half of the year.

As for Thursday’s Q1 update, while its wholesale business waits to start suppling 300 more McColl’s stores towards the end of the year, its retail division will be under scrutiny, with investors hoping for an improvement on that disappointing Q4 figure.

Read what Spreadex analysts have to say, or watch a 60 second preview, here:

[connorcampbell] 08/5/2019 13:21

Can Morrisons find its way out of the discount aisle following Thursday’s Q1 statement?

Mid-March’s full year results failed to bring investors back on side, despite there being a lot to recommend. Group like-for-like sales, excluding fuel, jumped 4.8%, close to double the 2.8% increase posted the year previous.

However, there was maybe some concern over the slowdown in like-for-like retail sales in Q4. While its wholesale division saw a 3.2% increase, the standard supermarket arm saw just a 0.6% rise, less than half what was posted in Q3, and just shy of a third of the growth seen in the first half of the year.

As for Thursday’s Q1 update, while its wholesale business waits to start suppling 300 more McColl’s stores towards the end of the year, its retail division will be under scrutiny, with investors hoping for an improvement on that disappointing Q4 figure.

Read what Spreadex analysts have to say, or watch a 60 second preview, here: hxxps://spreadex.com/?tid=391106

[barbar7619] 08/5/2019 10:18

Glad your not. A company not listening to its customers. Walk in again last night at my local supermarket and it was empty no fruit no meat hardly fridges half empty. I only shop there for the salad and meat sometimes as it's gone down hill. So many shares why would anyone invest in these is beyond me.

[essentialinvestor] 08/5/2019 10:10

Thanks for the view. I'm not holding any atm, keep it on a watchlist.

[barbar7619] 08/5/2019 09:49

180 in 4 months is looking very possible Essentialinvestor

[loganair] 08/5/2019 09:27

With out much of a say by the CMA, Morrison could easily buy out McColl's only cost them around £200m, immediately give them 4% market share of the convenience grocery market and increase their overal market share by around 0.4%.

[bookbroker] 08/5/2019 09:05

David Potts needs to come up with something here, the whole sector seems to be chaotic, Aldi and Lidl march on, one wonders where if the CMA is going to be restrictive as regards consolidation, where the sector ultimately goes, you cannot have so many players chasing a narrowing market share. MRW needs to do something, and something relatively quickly, the vertically integrated model that I assumed was an asset might turn out to be millstone if the green lobby wants us to eat less meat!

[loganair] 07/5/2019 09:30

Walmart is exploring the possibility of exiting from Asda after the CMA blocked its merger with fellow big four grocer Sainsbury’s.

The American company is mulling a float or sale as private equity firms and other bidders circle as it is looking for a swift exit from the UK. It is looking to exit the UK market and focus on more profitable emerging markets such as India.

Walmart has reportedly been approached by bargain chain B&M. Asda had been reported to be considering a takeover of B&M in 2017. Analysts suggested that a reverse takeover by FTSE 250-listed B&M of Asda would be a more plausible route than an independent listing on the stock market,

City sources said Walmart is exploring a float of Asda which would mark its return to the London Stock Exchange, 20 years after it was delisted.

A trade buyer could be a more likely outcome for the supermarket as grocery margins have historically proved too low for private equity buyers, who will not see a clear exit strategy, although KKR has been identified as an interested party.

Richard Hyman, an independent retail analyst, said ‘The options are quite limited, I’m not sure what the exit is for a private equity buyer as there is not much of a growth story.’

[barbar7619] 06/5/2019 20:18

Not even 2 months and we are down to 215. You still confident about 180 in 4 months time ?

[gbh2] 28/4/2019 15:12

This company is heading for a big surprise as they cut back on staffing and reduce the range on goods on sale, complaints about both at our local store are growing louder by the day!

[scotches] 26/4/2019 18:49

"The Morrisons dividend isn’t anything to get excited about either. Having been slashed in 2017 to 5p per share, from 13.65p the previous year, it’s starting to creep back up again. But forecast yields are still only at 3% this year and 3.3% next."

Whatever your view on the company's prospects you would think the special dividends might at least be worthy of a mention in a properly researched article.

Although the share price has been completely static over the last decade there has been a full pound of dividends including specials in that period.

[loganair] 25/4/2019 19:35

Buy WH Smith stores could be a big mistake like when Morrison bought up ex-blockbuster stores as many were the wrong side in the wrong places.

[97peter] 25/4/2019 18:56

I still think a buyout of McColl’s would be a good first step for MW. Then to look at maybe buying up some of the WHSmith stores it offloads over the next 6 months or taking over WHS?

[loganair] 25/4/2019 08:58

What I've been posting for a while is for Asda to sell 50% of it's business to Sainsbury's and 50% to Morrisons in return for a 1/3rd share in each company. This would have the effect of increasing both supermarkets market share by around 7.7% which I think would get the approval of the CMA.

[ric0chet] 25/4/2019 08:25

share price fall seems overdone. Perhaps Asda or Sbry should look at Morrison for a possible merger? Shares are cheap.....

[loganair] 24/4/2019 15:30

At the moment, the CMA are saying that Sainbury's will have to sell any stores to just one single supermarket group. Tesco would not be allowed which only really leaves Morrisons.

Buying 100 to 120 Sainsburys/Asda stores will increase Morrisons market share by as much as 1.5%.

[97peter] 24/4/2019 15:15

Agree totally MW need to start buying up the likes of McColl's and look to pick up 8-10, if not more of the stores that Sainsbury's is selling as it combines with Asda. These stores should be in ideal places for Morrison's to grow and expand. It can only boost the share price to the realms of 235-250 within months?

[loganair] 16/4/2019 20:32

Buy out McColl's would immediately give it 4% of the convenience market.

Morrison's could easily buy out McColl's for no more then £200m and would increase their grocery market share by a little over 0.5%.