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Share Name Share Symbol Market Type Share ISIN Share Description
Morrison (wm) Supermarkets Plc 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
  1.10 0.38% 292.20 292.00 292.20 292.80 291.40 291.40 2,542,833 14:02:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,598.0 165.0 4.0 73.2 7,041

Morrison (wm) Supermarkets Share Discussion Threads

Showing 9476 to 9498 of 9900 messages
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DateSubjectAuthorDiscuss
28/6/2021
13:40
Financial Mail on Sunday A takeover of Morrisons could see the supermarket giant shift offshore for tax reasons, experts fear. The grocer is bracing itself for a fresh offer from US group Clayton, Dubilier & Rice (CD&R) after an initial £5.5billion bid was rejected last week. But it is feared that a private equity buyout could see Morrisons' tax base shifted out of the UK.
philanderer
27/6/2021
21:23
Well if there is a deal it will be at 2.80-3.00 +, which is a good premium to the current price imo it will be a quick and easy profit, I doubled my holding on Friday at 2.32 having previously brought in well pre Div at about 1.71
chef2
27/6/2021
12:40
Is it worth jumping in now ?
torncrown
27/6/2021
08:22
Morrisons suitor Clayton, Dubilier & Rice is expected to 'clarify' its intentions for the supermarket as soon as in the next ten days – a move widely expected in the City to be confirmation of a formal £5.5billion approach. The Mail on Sunday understands there are rival investment firms that will not trigger active engagement until CD&R reveals its intentions. Lone Star, Apollo, KKR and Amazon have all been listed as potentially interested. Sources said several major private equity firms are monitoring CD&R's position with a number working 'very informally and at a very early stage' on their own potential proposals. The company is being advised by former Tesco boss Sir Terry Leahy who is an old colleague of Morrisons chief executive David Potts and chairman Andy Higginson – also previously Tesco executives. If the US giant showed its hand that soon, it would be well before a 'put up or shut up' deadline which expires in three weeks' time. The US giant has said there was no certainty a formal offer would be made. But the market is rife with speculation CD&R could even increase its bid. One City source said: 'The assumption at the moment is that this is all about finding the right price to get the board to the table. There are some other big investment firms thinking quite hard on this and waiting to see what Sir Terry and his backers do before then deciding whether to step up their own interest or not. 'There is a question over whether Terry's past relationship with the board puts them too far ahead – but I also think people recognise that this is a public company and that the board is committed to giving the best outcome for the business and for its shareholders.' CD&R and Morrisons declined to comment. CD&R owns the largest independent forecourt operator in the UK, Motor Fuel Group, which provides it with a more comprehensive investment case than potential rivals. It reportedly tried to sell the business for £3billion before the pandemic and may instead seek to merge the two businesses. That puts it in a similar position to the Issa brothers, owners of petrol forecourts giant EG Group, who recently acquired Asda in a £6.8billion deal against stiff competition. A buy-out may include the sale and leaseback of some of Morrisons' property assets to help finance the deal. One City source estimated more than £1billion of property could be considered without damaging Morrisons commercially.
chinese investor
27/6/2021
00:41
Morrisons stalker Clayton, Dubilier & Rice could spark bids battle for supermarket 'in days' https://www.dailymail.co.uk/money/markets/article-9728039/Morrisons-stalker-spark-bids-battle-days.html
philanderer
25/6/2021
12:13
They're busy people ;-) In corporate news, UDG Healthcare (UDG) edged up 1% to £10.56 as US private equity firm Clayton, Dubilier & Rice said it is mulling an improved and final takeover offer for the healthcare services group at £10.80 per share. HTTPS://www.sharesmagazine.co.uk/news/shares/ftse-firms-as-us-infrastructure-deal-stokes-optimism
philanderer
25/6/2021
10:17
hTTps://mail.shorteurope.com/history_company.php?selskapsnavn=Wm%20Morrison%20Supermarkets%20Plc&;land=united_kingdom Breakdown of shorter performance v MRW
scotches
25/6/2021
09:54
5.00 p.m. on 17 July 2021 !
chinese investor
24/6/2021
21:27
I see from the FT that Black Rock and Citadel have started closing their shorts on Morrisons. Nice to see the shorts burn a little. Gives the small investor hope that sometimes there can be SOME retribution around! Must admit I am rather surprised as to how quiet the top team at MorrisonS has been--maybe too busy cleaning the double barrels, said he hopefully!
gregmorg
24/6/2021
20:30
£3.50
leadersoffice
24/6/2021
15:56
The thumbs up symbol comes under as a question mark.
gombie
24/6/2021
15:55
Should be: Here Here?
gombie
24/6/2021
15:54
Here Here ?
gombie
24/6/2021
15:30
Get on with it Potts -
grafter
23/6/2021
15:40
Strange investors BB?Let's hope the offer is upped.Believe they have already hinted via brokers a number of 280p?Hope lives eternal.
hades1
23/6/2021
15:18
Not sure the board actually want to sell.
ashleyjv
23/6/2021
14:49
Why don't the Morrisons board just say what bid would be acceptable ?
chinese investor
23/6/2021
14:07
This PE bid will not be accepted, is bad for all concerned, it wont be accepted because they are not adding any value, sure they will sell the stores, petrol stations etc and force MRW to lease them back, taking out the money for themselves. MRW can do that tomorrow if they wished so unless they come up with a way to add value, it will not be accepted. L&G a major shareholder / very influential has already expressed major concerns, not against a T/O but this particular T/O., they say the intrinsic value of MRW assets is around £3 so either the bid has to get close to that to force their hand, OR another bidder comes in with a different approach rather than stripping it down and milking MRW dry, then selling off what's left in 5 years, anyone can do that even the current board.
nhs buyer
23/6/2021
14:02
'Farmers plead for continued support if Morrisons changes hands' National Farmers Union says it will keep watch over any potential takeover of Britain's fourth-biggest supermarket chain https://www.telegraph.co.uk/business/2021/06/22/farmers-plead-continued-support-morrisons-changes-hands/
philanderer
23/6/2021
08:33
An Amazon bid would be fun !
chinese investor
23/6/2021
07:50
The share price of UK supermarket group Morrisons has jumped by over 30% after a US private equity firm made an offer to buy it for £5.5 billion. The bid by Clayton, Dubilier and Rice, which is being advised by former Tesco chief executive Terry Leahy, was rejected as Morrisons believes the business is worth more. But there is speculation that it may prompt others to bid – including Amazon. Morrisons is the UK’s fourth largest food retailer after Tesco, Sainsbury and Asda, holding a 10.5% share of the market. Founded by William Morrison in 1899, the Yorkshire-based company grew under the leadership of his son, Sir Ken Morrison, listing on the London Stock Exchange in 1967. Morrisons further expanded in 2004 with the £3.3 billion acquisition of rival Safeway. Now run by former Leahy lieutenants David Potts and Andy Higginson, it has around 500 stores nationwide. Unlike many retailers, Morrisons did not have to close in 2020-21, but while its sales went up, annual profits have fallen because of costs associated with the pandemic. Nonetheless, Morrisons is a perfect target for any overseas company looking to gain a share in the UK’s £230 billion grocery market. The market has seen slow but consistent growth over the last few years and has had to respond to changing consumer demand for more online shopping and new technologies such as automated ordering using artificial intelligence. Morrisons had previously been reluctant to be part of these changes, preferring to concentrate on traditional principles that always worked well for it. The group did enter the online market in 2014 through a tie-up with Ocado, but would have been held back by the fact that orders relied on what was in warehouses and not on supermarket shelves. Having started a deepening partnership with Amazon in 2016, it is gradually becoming a more serious online player. More generally, the Amazon partnership has been a bright spot for Morrisons during the pandemic. The US online retail giant has been selling groceries to its UK-based Prime subscribers through Morrisons’ online platform, for example, and providing lockers for Amazon deliveries in Morrisons stores. Amazon has also grown its bricks and mortar retail business in recent years with its acquisition of Whole Foods in 2017 and its recent launch of three Amazon Fresh till-free stores in London. Buying Morrisons would give it a much stronger foothold in the UK grocery market, and enable it to swiftly expand. Morrisons is a trusted and stable contributor to the UK grocery sector, and has invested heavily over the last few years in both its retailing and wholesaling arms. Stores have been refreshed with everything from the local-market-style Market Street counters through to new trollies in car parks. On the wholesale side, Morrisons is the UK’s second largest fresh-food manufacturer after 2 Sisters. By supplying not only its own stores but other retailers such as newsagent McColls in recent years, it has made the whole system more productive. Amazon would therefore be buying into a supply chain that goes well beyond stores – much more so than Morrisons’ rivals – and an estate that covers the bulk of the UK even if it is predominantly in the north of England. Amazon would add an abundance of cash to invest in the business, which would mean the potential for more stores in the south of England – particularly in the south-east, where Morrisons’ presence is scarce. Amazon would also bring new technologies through its established online platform. For example, Morrisons would potentially benefit from Amazon’s strengths in using algorithmic stock-ordering. Amazon would also be very likely to further develop the online business and provide a faster and more efficient service across the country as a result. At present, not all areas of the UK have access to Morrisons online, so this would be a big shift. This all has the potential to shake up a sector where the top four have not been allowed to buy one another, and which has stayed fairly constant for several decades. The main issue in recent years has been the rise of German budget operators Lidl and Aldi. Any Amazon takeover will raise questions about workers, given the endless media questions about the conditions in its warehouses. But in terms of shopping experience, consumers will clearly benefit from a takeover. It would help Morrisons to attract a younger shopper base that fully understands the online space. It would be another step towards an Amazon ecosystem in the home, where consumers get whatever they want when they need it from the online giant. The likes of Tesco and Asda might finally have met their match.
liberace pickles
23/6/2021
07:43
If Amazon buys Morrisons, it should be a win for consumers and a major threat to other supermarkets But there is speculation that it may prompt others to bid – including Amazon. Morrisons is the UK’s fourth largest food retailer after Tesco, Sainsbury and Asda, holding a 10.5% share of the market. https://theconversation.com/if-amazon-buys-morrisons-it-should-be-a-win-for-consumers-and-a-major-threat-to-other-supermarkets-163189
johnwise
23/6/2021
07:22
A takeover can take many twists and turns. Worst scenario is there is no further bid, and CDR announce no further interest, share price reverts to pre-bid levels. Mid scenario is CDR revert with a higher bid - perhaps around 250-260p? Again, likely to be rejected but most likely share price would follow the bid. Best scenario is bidding war - eg, Amazon decide to buy up Morrisons. All of a sudden, we're in £4 territory. I'd bet a fiver that the Amazon board is considering. Logistics already half up. It would be a revolution in shopping as Amazon bring their cashless/cardless model to the UK high street! And bring in even more customers. And can you imagine what they could do with the data they collect - and how they could tailor each supermarket to the individual needs of every single individual customer. They'd essentially beat every other supermarket hands down and take over UK supermarket retailing.
astute person
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