Morrison (wm) Supermarkets Share Discussion Threads

[rolo7] 21/3/2021 17:25

Mrw delisted from fste1O0 and go into fste 250 also sbry volume was high so i guess they sold here and brought sbry to balance profiles?

[ygor705] 21/3/2021 17:23

I don't know if anybody noticed but late trading on Friday (shown mostly as sells) produced the highest volume of 1 day trading in MRW for at least 3years. Meanwhile the share price goes up to the accompaniment of heavy selling. An RNS should be out this week but one does wonder if something is going on here.

[janhar] 21/3/2021 09:32

I believe the real story here is the tie up with Amazon. At some point Amazon will take them over and use the better stores for parcel collection and Amazon Fresh, selling off the rest

[m12rtn] 21/3/2021 09:14

Out of interest, in the last accounts net assets were more than Sainsbury's AND MRW the same as their market cap (ish). A lot of owned stores as well. So if anything, if worse comes to worse it can be broken up to get my money back! But £2.30 and a divi this year will do me.

[wiganer] 20/3/2021 13:29

Yes, I was trying to say it is too cheap but maybe I was too subtle sorry.

[m12rtn] 19/3/2021 16:00

Just so I'm clear! Are you saying it's toooo cheap?If so £2.10 is still too cheap. But it won't happen over night and will dip after the ex divi date in May, before another good rise to 2.20 I reckon, and then let Amazon drive it up during the year to December.

[wiganer] 19/3/2021 15:57

180 taken out, but still too cheap.

[wiganer] 19/3/2021 12:32

Still too cheap.

[m12rtn] 19/3/2021 11:00

Shroders Obviously see value now. Will stay low whilst filling orders.

[scotches] 18/3/2021 12:35

5 years ago Schroders wrote up the "value" investment case for MRW and it catalogues a lot of the reasons why shareholders choose to still be invested. The article mentions a market cap of 6.7bn whereas today it's 4.3 so the "value" not yet perceived by the market. There is also another estimate for the food manufacturing as at 2016 = £700m.

It was Schroders knocked the share price in late Jan when they ditched almost 5% of the company (113m shares, half their holding).

Top holders: markets.ft.com/data/equities/tearsheet/profile?s=MRW:LSE

Today's RNS is for just 2m shares (if the FT figure of 4.9% is correct), albeit they are getting them back a little lower than Jan.

[m12rtn] 18/3/2021 10:46

Well Schroder's obviously don't want to miss out on the dividend at this price or Amazon interest in the company!I know I said I wouldn't post, but too many positives at the moment here for the next 2 to 3 years.And the smallest can only get bigger whilst the largest hit a ceiling and shrink!

[wiganer] 18/3/2021 09:08

Nice move up, but still too cheap.

[m12rtn] 17/3/2021 07:02

Sainsbury's PE 42M&S PE 122!!!!

[buywell3] 17/3/2021 04:24

PE Ratio 44.66

[philanderer] 16/3/2021 18:00

Nice steady rise today :-)

[wiganer] 16/3/2021 17:56

Still too cheap.

[livewireplus] 16/3/2021 17:12

'I compared Amazon's new meal deal to Morrisons and Sainsbury's and one stood out' - John James - MyLondonhTTps://www.mylondon.news/whats-on/shopping/i-compared-amazons-new-meal-19974266

[m12rtn] 16/3/2021 15:36

Shhhhs could be a bid on the way in the next 18 months if all goes well! It's unlikely to take sainsburys because of Argos and tesco, well tesco will be a monopolies issue so their out.

[wiganer] 16/3/2021 15:10

And who is Amazons wholesale partner in all of this?

[philanderer] 16/3/2021 14:36

Amazon selects Wembley Park for location of next till-free grocery store in London, and more sites are planned

Amazon now has two London grocery stores, and more sites are expected to open...

[energeticbacker] 15/3/2021 09:32

Income Boosters
In the second part of a two-part update, Investor’s Champion has got reassuring news from three well-known names that have performed well during the pandemic, including MRW.

[essentialinvestor] 12/3/2021 11:49

Amazon are in a unique situation. They can cross sell Prime membership
for starters. Amazon's huge online scale means they can be highly profitable on
tiny margins, margins which would sink most other businesses.

Best hope for Morrisons is a potential Amazon bid.

[wiganer] 12/3/2021 11:39

So, is that why Amazon, partner of Morrison’s, just opened a physical supermarket in Ealing?