Morrison (wm) Supermarkets Share Discussion Threads

[seagreen] 07/4/2020 20:50

tends to go up as people remember its a safer stock than some

[gswredland] 07/4/2020 16:48

People jumping out of here and to,other stocks that feel a lot

[ric0chet] 07/4/2020 15:37

what's going on with the sp?? markets up mrw down

[seagreen] 06/4/2020 18:19

1courage ... people will transfer their spending habits to essential supplies that can be bought cheaper from such outlets so you are in the wrong sector to short as these will be the only quality shops open.

Buywell3...apparently there is a new thing called the internet for online sales for people who are to concerned at going in person to the supermarket.

What you really mean is as it has a good rise lets see if we can put up a few comments and get them to take their profits and they will ignore the fact sales are up by 4.5% last month.

[loganair] 04/4/2020 13:10

I am now shopping in a convenience store about the size of a small Sainsbury's local or Tesco Express.

I am truly astounded at the amount of alcohol that is being bought. Only 5 staff are now allowed in the store at any one time with one of them, there only job is to constantly be restocking the booze, especially beer which is literately flying off the shelves. Almost every trolley I saw has 2 x packs of 12 beer/larger and some even more.

[1courage] 04/4/2020 06:29

I am afraid so . Unemployment increasing meaning people will cut their spending .

[seagreen] 03/4/2020 19:23

Taken some time for the penny to drop supermarkets and food supplies....

[imjustdandy] 03/4/2020 15:58

Supermarkets best possible investment for now. Rates relief, dividends safe and all of them trading like its Christmas on a daily basis.

[portside1] 02/4/2020 11:54

Is the virus being spread via take away outlets it must be the spreaders. Think about it if they check who is getting it they will Then see it is take away outlets ,We never know what or we're they get their meat do they import it from China Just a thought

[seagreen] 01/4/2020 14:43

Good news I had overlooked that little potential nightmare.....if we added £50m to the market cap that would see us back at £2

[scotches] 01/4/2020 13:44

The Supreme Court decision is a potential 50m saving in compensation claims (£500 x 100,000). It will be welcomed by businesses throughout Britain.

The lawyers argued the case as David v Goliath with various phrases which suggested it was River Kwai bridge workers battling against oppressive taskmasters rather than the company which provides them with employment.

The data breach was resolved immediately by MRW. No employee was ever shown to have suffered any loss whatsoever.

I wonder if society's new set of problems will stop those ambulance chasing leeches and the compensation culture.

[pherrom] 01/4/2020 11:08

The Supreme Court unanimously allows the appeal.

[seagreen] 01/4/2020 09:59

Well one can hardly expect the revenue to go down in all the various supermarkets
...probably one of the safer places to park your savings...

....but these are peculiar and devestating times so there will be volatility

[scotches] 01/4/2020 08:16

Supreme Court data breach judgement to be made this morning.

[jackck] 31/3/2020 18:03

Struggle to understand.
All alcohol consumption in Uk last week came from supermarkets
Clothes, agd, all shopping need to be done there.
Everybody is buying a lots of food.
I joined today, £187 so great start

[gswredland] 31/3/2020 17:38

Sales decline from here for a while after stock piling?

[jackck] 31/3/2020 15:54

Why is failing ? I am new with Morrison

[loganair] 31/3/2020 12:59

Aldi/Lidl now account for 14.3% market share with Aldi's market share now being only 1.8% less then Morrisons.

Alcohol sales up 67% due to the closure of pubs and restaurants.

[seagreen] 31/3/2020 12:05

Super Markets announce record revenue look listen and learn

[seagreen] 31/3/2020 08:11

Sector rotation into staples begining....or as I have coined it Le Marche of the supermarkets

[johnwise] 30/3/2020 07:19

Morrisons extends production to restock country's food banks

Bradford-based supermarket Morrisons is opening its bakery, egg and fruit and veg packing sites for an extra hour every day in order to donate £10m of food to the country’s struggling food banks.

[mercer95] 27/3/2020 17:15

Good point seagreen about the hubs,I agree, the high street will never return to what it was, supermarkets & online delivery for everything will become the norm, the little shops will be levelled for warehouses & more delivery hubs, makes sense to me GLA