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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 6,221,069 16:35:24
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 9551 to 9574 of 9900 messages
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DateSubjectAuthorDiscuss
03/7/2021
14:17
Don't sell your jewel @ cheaper rate to America Where new business are listing @ billion dollar and ours established company they want cheaper prices?They can't make fool too British company.Shorting reduced the price and then give 30% premium for takeover
dipa11
03/7/2021
14:16
The last of the shorters are about to get burned lol Everyone else should get at the very least 15% profit
ashleyjv
03/7/2021
13:59
It is concerning why offers are not being made public. SAGA was the same. Is this not important, price sensitive information? Why are the FCA not doing their job?
justiceforthemany
03/7/2021
13:41
Morrisons said an initial unsolicited proposal was received from Fortress on May 4 at 220 pence a share. This offer was not made public. Fortress then made four subsequent proposals before its offer reached a total value of 254 a share on June 5.
loganair
03/7/2021
13:38
In Europe, the investment management firm has holdings in food retail and the UK-based wine retailer majestic Wine. In the United States, as well as groceries, Fortress has invested in petrol station forecourts, retail and restaurants. Richard Lim, CEO of consultancy Retail Economics, said the announcement "signals the biggest shakeup in the UK grocery sector for over a decade". "Success will hinge on the new owners gaining the support of experienced key members of the leadership team to execute on the future strategy," he added, emphasising the impact of the shift towards online grocery shopping and the growth of rapid delivery on the market.
loganair
03/7/2021
13:37
The Times is also now speculating via City sources that this will indeed flush out other bidders!
hades1
03/7/2021
13:25
From Daily Telegraph concerning this morning's announcement............ Add it all up, and the Fortress offer, backed of Koch Industries and Canadian pension fund CPPIB, is still two low. So what should happen now? A higher offer may well emerge. CD&R is one of the biggest private equity houses in the world with very deep pockets. It may well decide to up the price it is willing to pay. Alternatively, now that Morrisons is clearly in play, and the board has agreed it is happy to sell, a trade buyer may be flushed out. Amazon has been eyeing a supermarket chain for ages, already has a tie up with Morrisons and could easily bid. Even £7bn would be small change to the beast from Seattle. Or another trade buyer may emerge from Europe, Asia or America.In reality, if some of the smartest money on the planet is suddenly very, very keen on the British grocery market something has changed. After two decades in the doldrums, it has suddenly sprung back to life. Morrisons shareholders have had a dismal couple of decades. But right now they are sitting on an asset that is a lot more valuable than they probably realised. They should sit tight, and wait for a higher offer to emerge. It will be worth it - because this saga has quite a way to run yet.MATTHEW LYNN3 July 2021 • 11:54am
hades1
03/7/2021
11:33
£6.3Bn = 261p/share not 254p Can anyone explain this?
justiceforthemany
03/7/2021
11:32
These people have a more grand vision - vertical integration with many more food supplies from farming enterprises around the world that they have been investing in for the last decade - this is a long term plan, not one dreamt up by the short termers. Which Supermarkets next?
eurofox
03/7/2021
11:31
Fortress's swoop on Morrisons could open a full-blown a bidding war for the supermarket if CD&R returns with a better offer. CD&R - which is advised by Sir Terry Leahy, the former Tesco boss - has until July 17 to make a firm offer for the retailer. https://www.telegraph.co.uk/business/2021/07/03/morrisons-agrees-63bn-takeover-softbank-backed-fortress/
philanderer
03/7/2021
11:30
JohnCasey. I don't think you've thought that one through
ashleyjv
03/7/2021
11:27
who would want to bid for a supermarket with food shortages coming..no lorry drivers and grand solar minimum destroying crops...
johncasey
03/7/2021
11:25
If you sell the goose that lays the golden egg, you want a bloody good price for the goose.
pjleeds
03/7/2021
11:24
It's a firm offer at 254p - that's not going anywhere.It's been approved by the Board.Price is effectively underpinned at 252p plus 2p dividend.No risk but will rise on speculation of higher bid.
hades1
03/7/2021
11:18
Take the money, every time.
porsche1945
03/7/2021
11:15
Early days.Clearly the Board's preferred bidder but it's early days.Expect to be trading above offer price on Monday.
hades1
03/7/2021
11:00
Looks to me like board are going to keep own jobs, by selling the shareholders down the river.
pjleeds
03/7/2021
10:56
It'll be 7am on Monday.
regandharry5
03/7/2021
10:37
Sell and leaseback incoming.
smurfy2001
03/7/2021
10:25
7am Monday morning for the rns to wake up
nerdlinger
03/7/2021
10:18
Has an actual RNS been released about the deal? I can't find it
ashleyjv
03/7/2021
10:11
Interesting timing then re Yorkshire Post article. Jeff Bezos last day as CEO today. [...] cant post link to article or tinyurl for some reason, just get that square brackets elipsis.
nerdlinger
03/7/2021
10:08
Offer accepted then. £2.52 in cash per share plus 2p dividend .
regandharry5
03/7/2021
10:01
This is worth a read: ok it’s Yorkshire post this morning [...] It says Fortress made several offers and the 2.54 was achieved on June 4th. Maybe CDR was just a stalking horse? With this amount of time past and the board obviously so positive, maybe Amazon have already been approached and at this point are happy enough to continue to work with Morrison’s under their existing agreements ??
chef2
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