Morrison (wm) Supermarkets Share Discussion Threads

[scotches] 04/6/2021 10:38

Shouldn't a master investor know that MRW is no longer in the FTSE 100 and it could be a while before returning on current share price performance.

Automatic entry is currently at a level of 5.7 billion. MRW (4.2b) would have to rise to about £2.37 on that basis. Otherwise re-entry will require others to be relegated and if the market is generally rising that could make the task harder.

The AGM should comment on the miserable share price performance. What is holding back the shares and how come SBRY is now touching 6 billion when MRW was higher cap back in September.

There might even be a case for share buybacks at current share price if it wasn't for all the debt which will have to be eliminated first.

[philanderer] 29/5/2021 18:43

Could always just buy us outright ;-)


Why Amazon's supermarket shopping spree has still not paid off

Jeff Bezos's empire now extends to Hollywood, but the online retail magnate has struggled to break into the humble grocery industry

[igoe104] 29/5/2021 10:46

£2.06 to £1.77 in 6 years and getting rewarded with large bonuses absolutely ridiculous. thats got to be a question at the next agm...

[scotches] 29/5/2021 09:03

Why are bonus payments required for already well rewarded executives? Would Potts have deliberately performed less well if not incentivised by the extra cash?

One idea the remuneration committee might like to consider is tying performance related perks to the share price. Potts took office in March 2015 on a day when the shares closed at 206p.

[albert3591] 28/5/2021 13:53

Scotches….nearly all staff at mrw think Amazon will be the one to buy them.

[philanderer] 28/5/2021 13:40

'Supermarket chain Morrisons is latest in firing line over COVID bonus for CEO'

The grocer is facing anger for ignoring £290m of pandemic costs when calculating boss David Potts' pay deal, Sky News learns.

[albert3591] 25/5/2021 15:31

If Morrison’s can’t be bothered employing more staff they face a tough time in the coming years.

[philanderer] 20/5/2021 10:07

BARCLAYS RAISES WM MORRISON SUPERMARKETS TARGET TO 190 (180) PENCE - 'EQUAL WEIGHT'

[dondee] 20/5/2021 09:59

Or English preferably.

[dondee] 20/5/2021 09:59

Can you put that in Wnglish.

[rolo7] 19/5/2021 15:18

keeps hits 187p resistance level this

[dondee] 19/5/2021 15:16

Goes ex div. Tomorrow, if you don't buy now you fail to get the dividend.

[philanderer] 14/5/2021 13:10

Morrisons spends £16m updating its cafes ahead of their reopening on Monday


[...]

[pugugly] 14/5/2021 06:44

Liabilty say £1 million Round figures - plus of course legal costs Could take years to settle who pays -Morrisons - The contractor (possibly a man of straw) Morrisons insurers - etc - Initial handling by Morrisons seems very poor.

[johncasey] 14/5/2021 06:32

pr disaster..

[muffinhead] 13/5/2021 08:23

Growing new British brands with Morrisons

[1tx] 12/5/2021 12:03

Interesting comments from loganair re Russian "Mere" discount store;I'll avoid touching the door handles in the Salisbury branch in case I get an unexpected offer!Actually it sounds rather like the original Aldi format before it moved more up market which were OK but had a rather confusing range of products which were cheap but perhaps not quite the ones you wanted to buy and had a dire fresh food & frozen meat offer.I prefer the new Aldi.The UK market is very competitive,yes a few cheap sites may be available in a weaker retail market but perhaps not in the best locations.I doubt if more than a few percent savings can be made no matter how much you "pile it high" and cut corners.On the subject of MRW I am probably talking my own book having recently bought shares;but I feel even after the recent few pence rise it offers good value as income investment plus prospects of a modest capital appreciation as it seems undervalued compared to its quoted rivals.

[pjleeds] 11/5/2021 15:32

Thank you for posting that.