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
  1.20 0.71% 171.25 170.40 170.55 171.05 160.00 163.85 18,138,404 16:35:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,735.0 320.0 10.3 16.6 4,097

Morrison (wm) Supermarkets Share Discussion Threads

Showing 9776 to 9797 of 10450 messages
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DateSubjectAuthorDiscuss
02/2/2017
09:31
hTTp://www.groceryinsight.com/blog/2017/02/sad-day-sir-ken-morrison-tribute/
scotches
01/2/2017
20:36
One consolation for KM. latterly must have been to witness David Potts' efforts to restore the business to its former strength, and to stick with the vertically integrated system, off which it is clear now how important an asset this is to the business, particularly in a world where the consumer expects to understand more and more the source of the product.
bookbroker
01/2/2017
20:31
It is an astonishing achievement for KM. to take this company from a relatively small Bradford retailer to a its current status as one of the country's leading food retailers, particularly as it remained very much a family business in his style of involvement and leadership, he always let the business do the talking by maintaining a straightforward attitude to old fashioned values, it is only recently that MRW has had to adjust to the intense level of competition, but the foundations were installed by him to ensure that the business was strong enough to retain its position through some pretty testing times such as the takeover of Safeway, and the changing faces at the top in the last ten years.
bookbroker
01/2/2017
19:44
RIP... great lifetime achievement hTtp://www.telegraph.co.uk/business/2017/02/01/veteran-grocer-sir-ken-morrison-dies-aged-85-short-illness/
muffinhead
01/2/2017
12:07
Ken Morrison passed away today Sky news
spob
24/1/2017
17:44
JAF - You comment is great and I totally agree.I sold the second and final lot of my MRW holdings last Friday and invested one third of the money on Carillion today. I prepared to hold this share for a year or two. In the mean time, I am happy to collect the juicy dividends until the share price recovers in due course.
kcsham
20/1/2017
10:50
I sold out at 241.4 this morning. I still believe MRW is on it way to recovery. However, I find there are better opportunities somewhere else. All the best for all holders.
kcsham
19/1/2017
12:22
The Telegraph are understandably trying to generate more cash from their website. Unfortunately this now means more stuff is now behind a "premium" paywall including the financial column Questor. On Tuesday 17th they were celebrating a 10p uptick on their 229p tip on MRW on Oct 25. No mention of course of the 120p loss on their previous MRW trade, 20130824 BUY 293, 20140902 SELL 173.5. hTTp://www.telegraph.co.uk/investing/shares/serco-shows-renewed-health-turnaround-plan-lifts-profits-cuts/ (The MRW section is after the SERCO bit). hTTps://uk.finance.yahoo.com/news/serco-shows-renewed-health-turnaround-061500460.html Wm Morrison A 2.9pc increase in like-for-like sales (excluding fuel and VAT), dubbed the company’s best performance in seven years by boss David Potts, leaves us with a solid early gain in Morrisons. We are looking forward to more as Mr Potts’ turnaround plan starts to pay off, especially as the Bradford company is turning the improved top-line figures into higher profits and lower debt. As part of its festive trading update last Tuesday Morrisons added that underlying pre-tax profit for its whole financial year would exceed market expectations – reaching between £330m and £340m. That would mark the first increase in profits since 2011. As with Serco, lower debt means lower risk and that can mean a higher rating for a stock, providing a welcome double-whammy for shareholders, as the market may now start to pay a higher multiple to access higher earnings forecasts. At first glance the shares do not look unduly cheap, on around 21 times forecast earnings. This is a big premium to the broader market, which trades on nearer 15 times. However, value investors will be intrigued to see that the company’s market cap and net debt come to £6.9bn while tangible fixed assets on the balance sheet are £7.1bn. The supermarkets still face fierce competition but expectations are low, debt is falling and the stock still looks cheap on an asset basis. Questor says: Buy Ticker: MRW
scotches
13/1/2017
14:01
Nerdlinger - 10 Jan 2017 - 18:17 - 1435 of 1439 - 0You think the share price is high now? Wait and see what happens when the massive short position finally closes.That is exactly why Nerdlinger posted the above comments.The present share price has covered the effects of the massive short position to date.As the short will eventually be closed, the price of MRW will .......
kcsham
13/1/2017
09:58
That's still quite a lot....15%!!!!
mbmiah
13/1/2017
08:45
The shorts reduced the position down to 15.1 %.
kcsham
11/1/2017
08:10
Madoff cash, transactions growing and basket size decreasing is what the industry is seeing. More small shopping visits buying as and when, not a big weekly shop. You cannot say that it is a negative, it is just a swing in the way the money has been spent.Also, who is to say market share at Morrisons declined? The kantar data is a 50,000 person sample and is clearly misleading as it did not identify Morrisons as a winner over Christmas and then look at their sales. Market share cannot decline if they see one of the strongest year on year growths can it?Always take the kantar data with a pinch of salt at best I would say, scaling up a sample is never going to give a true result and the last three major headlines produced by kantar have been inaccurate vs the numbers the companies then put outThanks
themattbarnes
11/1/2017
07:47
https://www.theguardian.com/business/nils-pratley-on-finance/2017/jan/10/basic-shop-disciplines-deliver-morrisons-a-merrier-christmas
maxk
10/1/2017
18:17
You think the share price is high now? Wait and see what happens when the massive short position finally closes.
nerdlinger
10/1/2017
18:08
madoff- I wish your estimation of a price between 180 and 220 will be correct, so I could get more of MRW. However, I would like to know what your estimation is based on?Based on the momentum of the rise of the share price, I rather believe it will go up to 250 - 255 pretty soon before taking a breather.
kcsham
10/1/2017
11:27
Don't understand the enthusiasm here. Sales grew. That's positive. But the market-share loss trend continues. Last year their market share during 12 weeks period to 03/01 is 11%. This year it's 10.9%. All big four lost their share of market to discounters and Waitrose (even to Iceland). Dig in today's report a bit detail. Volume growth is negligible. There was a transaction growth (reflecting more customers), but the basket size shrank which off set the volume growth. Btw, this declining basket size trend is continuing. That's probably why supermarkets are concentrating on smaller, convenience stores for growth. And almost all the sales growth come from increase in food-to-go, i.e. prepared sandwiches and snacks. (It's interesting to see how eating habit of consumers change over time.) So the size of the growth I don't think they can maintain. There's still a relentless margin pressure. No doubt progress has been made under new management. But there's little scope for further improvement. The shares look over-valued. My estimate is somewhere between 180p and 220p.
madoff with cash
10/1/2017
08:42
"MORRISONS was in bullish mood this morning after reporting an increase in sales over the Christmas trading period, its strongest performance in seven years. It now expects its full-year underlying profit before tax to be ahead of the market consensus, in the range £330m-£340m"
mortimer7
10/1/2017
08:05
Well done to them :-)
cheshire man
10/1/2017
07:57
Really happy with the results, thought they would be good but even I didn't expect that strong a performance!
themattbarnes
10/1/2017
07:18
turned around
nerdlinger
08/1/2017
18:11
bookbroke - I believe you are right on this, the shorters are certainly under water for a while, they really need to come up for breath.http://www.telegraph.co.uk/business/2017/01/07/high-street-giants-defy-festive-retail-gloom/
kcsham
08/1/2017
12:09
Most of these shorts must be well under water by now, the way this co. is performing the stock price will be hitting five year highs soon, when we're these shorts put on, the outstanding number is still very high if accurate!
bookbroker
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