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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
  0.00 0.0% 286.40 286.60 286.70 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,598.0 165.0 4.0 71.8 6,902

Morrison (wm) Supermarkets Share Discussion Threads

Showing 9901 to 9924 of 9950 messages
Chat Pages: 398  397  396  395  394  393  392  391  390  389  388  387  Older
DateSubjectAuthorDiscuss
05/10/2021
12:12
I will restate my intruction to vote against to my broker (iweb, using their chat facility) next week if there are no further developments. So far Columbia Threadneedle and M&G have publicly backed the deal according to the Mail ( htTps://www.thisismoney.co.uk/money/markets/article-10058585/Morrisons-faces-petrol-station-probe-ahead-7bn-takeover-deal-vote.html ) but I've heard nothing from Silchester who might yet encourage CD&R to increase their bid again.
nerdlinger
05/10/2021
08:25
Amazon wont come in now, and dont think they ever were going to. this will just hold until vote on 19th. vote will go through
darkelf1
04/10/2021
19:20
Enterprise value (AKA Takeover value is £10,488.50 m) so share price at enterprise / take over value could be circa £4.35 per share?
praipus
04/10/2021
16:01
So why did we drop to 286, I thought the bid was 287?
chopsy
04/10/2021
15:45
I still think Amazon will take a look.
albert3591
04/10/2021
11:39
It may be worth CDR mopping up shares in the market if they can get them below the bid price and if they have arranged matters to avoid stamp duty (tricky but sometimes possible). Otherwise difficult to see why to buy.
wba1
04/10/2021
08:02
hTTps://www.foodmanufacture.co.uk/Article/2021/10/03/Morrisons-board-back-auction-winner-CD-R CD&R has said it still reserves the right to increase the amount of the offer price if a third party announces a firm intention to make an offer for Morrisons on or after the date of this announcement.
scotches
04/10/2021
07:27
Why are people still buying these shares? Do they expect someone to come in with a higher bid
marky1965
03/10/2021
22:40
I expect so.
jeffian
03/10/2021
18:57
So are we expecting a 10p drop in share price tomorrow morning?
chopsy
03/10/2021
17:48
Back to Morrisons, is it a foregone conclusion that shareholders will accept the bid? It seems an awful pity that such a good company - and one differentiated from other supermarket chains by its vertically-integrated supply chain where it produces much of the food it sells - should go the way of PE and no doubt end up loaded with debt.
jeffian
03/10/2021
17:45
Brewer/Pubco Marstons (MARS) might fit the bill. Extremely stuck-in-the-mud management has seen this go nowhere for years. Saw off a tentative bid at £2 last year and now trading at 84p. High debt but stuffed with freehold assets and has recently done a deal to sell half the brewing company to Carlsberg at an attractive price. Of course, its trading was knackered by the Covid lockdown and I doubt that this management are the ones to make it motor now the pubs are open again, but the assets will be the attraction. Many of the big pubco's have been taken over recently (Ei Group - formerly Enterprise Inns - Greene King etc) and this must be on someone's radar.
jeffian
03/10/2021
08:59
Time to move onto the next company with saleable assets (preferably property). Any ideas from anyone. I like (and have recently bought) Lookers as they own many of their sites, but the downside is that one holder has 23% which could be used as a block to a bid - so other suggestions?
wba1
02/10/2021
21:40
Looks like the sort of auction where the underbidder walks in exchange for getting some of the winners equity
williamcooper104
02/10/2021
21:34
The purchase is expected to be two-thirds funded by debt – about twice the amount currently owed by Morrisons. https://www.thisismoney.co.uk/money/markets/article-10052095/Morrisons-board-backs-Sir-Terry-Leahy-takeover.html
johnwise
02/10/2021
18:29
When will the first shop be sold? 6 months hence
albert3591
02/10/2021
17:31
Not much of an auction in the end. So much for the five possible rounds!
bountyhunter
02/10/2021
16:15
I know you pushed us all the way to this auction nonsense but if you only nudge it up by a penny we'll show our appreciation - 285, 286, 287, the winner.
scotches
02/10/2021
14:35
Compare to American supermarket share price and market value TESCO SAINSBURY'S AND MORRISON are cheaper to them For long-term it is better to have British company For short term gain you can't loose milky cow @ cheaper rate
dipa11
02/10/2021
12:56
Nice bit of financial engineering will reap some big dividend payments for the directors of CD&R. I seem to recall reading an article that they were planning to structure this within a financial vehicle based in a tax free location. Net result is less tax reciepts, less job security, higher anxiety about the future among its employees, contractors and food producers all for around £1 profit per share which you would have probably gained through dividend payments over the next 5 years. Is it worth it ??? Go with your conscious and vote NO to the deal. Don't let these leeches ruin a perfectly good business for their own personal short term gain.
kingalf
02/10/2021
12:05
Hi, I will be voting for the deal to go through, even though MRW was slightly undersold. I think both bidders knew in advance they would have the support of large shareholders above 285. Fortress were never as committed to taking over Morrisons having failed to reach agreement over Morrisons pensions. I suspect they had already turned their attention to other possible opportunities. Could SBRY be next? Goldpig
goldpiguk
02/10/2021
11:57
Other bidders might bid in their own time when they are ready if they are confident this bid will be rejected by shareholders.
nerdlinger
02/10/2021
11:35
Hi, Slightly disappointing Morrisons bought for 287p Link below: https://metro.co.uk/2021/10/02/morrisons-has-new-owner-after-us-firm-outbids-rival-at-auction-15353390/ Goldpig
goldpiguk
02/10/2021
11:28
pi55 poor, can't see that being approved by shareholders
nerdlinger
Chat Pages: 398  397  396  395  394  393  392  391  390  389  388  387  Older
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