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 -0.61% 196.85 196.80 196.90 199.55 196.45 197.40 4,737,871 15:29:50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,735.0 320.0 10.3 19.0 4,709

Morrison (wm) Supermarkets Share Discussion Threads

Showing 10151 to 10175 of 10375 messages
Chat Pages: 415  414  413  412  411  410  409  408  407  406  405  404  Older
DateSubjectAuthorDiscuss
20/3/2019
11:32
No reason why these these will not rise, recent very positive statement although muted reception, likely future special dividends, may do sale and leaseback of property, vertically integrated business very much in vogue now with Brexit, possible takeover or corporate action. Nothing to suggest business will falter, McColl’s arrangement starting to bear fruit. Barbar argument so far not even apparent, all he says is these will fall, but what are his reasons, and the Aldi/Lidl argument now long in the tooth, Asda/Sainbury's merger very much a sign of distress between the two, and the MMC. Not likely to grant a review unless wide scale disposals.
bookbroker
20/3/2019
11:10
Depends what happens to the wider UKX within that time. As MRW is a FT100 constituent it needs to be measured in relative terms against that index.
essentialinvestor
19/3/2019
18:56
Give it time. Like shares going up patience is needed. I will come back to you in 6 months and we will see who's right.
barbar7619
19/3/2019
17:22
good results, nice divi, love Morries
nerdlinger
19/3/2019
09:29
barbar, not the greatest start to your Sell post ;
essentialinvestor
19/3/2019
08:31
Good Start !
chinese investor
18/3/2019
07:23
You entitled to your opinion. The Birthday section in stores isn't making any such profit they firstly expected. Secondly the fresh pizza making in stores are running out and customers are complaining. Thirdly after committing to home delivery the fresh produce has suffered and in some stores they have none. I believe the home delivery service has done well but to the detriment of the walk in customer. This will hit 3 year lows very soon. Imo any investor worth their salt wouldn't invest in this company right now.
barbar7619
18/3/2019
00:25
Disagree, think the management are first rate. The issues are the sector challenges. Amazon might bid at some stage, however that's highly speculative.
essentialinvestor
17/3/2019
12:56
To all holders of this share. This share price will not last and imo you need to sell. The company have a bad reputation of fresh produce running out in stores across the uk on a daily basis. They are poorly run and the management are from the 70s 80s style of managing. If you have any knowledge of shares and investing then there are many other quality shares about with growth potential far better than Morrison's. Anyone who doesn't want to listen then...... Good luck
barbar7619
15/3/2019
16:56
How about Amazon to buy Asda.
pjleeds
15/3/2019
14:53
There is talk of private equity interest in ASDA, I'm unaware how accurate or otherwise that may be. Interesting idea, if something like that occurs there is significant upside potential. That's a big IF to be fair.
essentialinvestor
15/3/2019
14:32
My idea for Asda, is to sell 50% of their supermarkets to Sainsbury's and 50% to Morrisons in return for Walmart taking a 1/3rd share in each company. This would give Morrisons about 18% market share and Sainsburys 23%. I do not think that the CMA could complain about such an idea. If Morrisons then bought out McColl's would give them around 4% share of the convenience grocery stores. Over the next 5 years the big 3 would lose around 4% market share to Aldi/Lidl, leaving Aldi on around 10% market share and Lidl on 7%.
loganair
15/3/2019
14:20
Sounds about right, where does that leave the MRW market share in 3-4 years time?.
essentialinvestor
15/3/2019
10:46
I posted a few years ago that I think Aldi/Lidl will keep increasing market share by around 1% a year until they reach a combined market share of around 18%. So far their increase in market share of 1% per year has and still is on going.
loganair
15/3/2019
10:41
About a 5% chance of that. Not going to happen imv. I would expect the discounters to increase their market share by very approx 40-50% over the next 5 years. That's the backdrop MRW have to navigate. It's having to run very fast to stay around current pre pax profit levels, just my take.
essentialinvestor
15/3/2019
10:22
hTTps://www.esmmagazine.com/morrisons-full-year-results-analysts-said-3/72336 Thomas Brereton, GlobalData "With Brexit still looming over the retail sector in 2019, talks of supply shortages and impending lack of availability across UK grocery are rife. But Morrisons is better placed to withstand such pressures than its Big Four rivals, having successfully secured Authorised Economic Operator status during the year, on top on expanding its dependence on local suppliers (up 27% during 2018, and doubled over the past three years); in fact, in light of this significantly stronger foothold, it would be understandable if some of its management secretly have their fingers crossed for a no-deal situation." Fiona Cincotta, www.cityindex.co.uk "Sagging consumer confidence hasn't knocked Morrisons's turnaround plan off track. Sales growth, despite slowing in the fourth quarter, still came in at a commendable 3.8%, indicating Morrisons is negotiating the tough trading environment better than most. "A highlight is the 12 basis point improvement in underlying operating margin. There were fears heading into this result that Morrisons had to slash prices to keep luring customers but the margin growth indicates it hasn't hit the panic button, despite aggressive competition from German discounters. Wholesale is of course proving to be a strong contributor to Morrison's resurgence, with the McColls partnership humming along nicely. There's still plenty of room for growth in the wholesale division, should Morrisons execute its latest deals with MPK Garages and Big C in Thailand as smoothly." Russ Mould, AJ Bell “First things first these numbers from supermarket Morrisons show the excellent job chief executive Dave Potts is doing at the group.Revenue growth is the best seen in a decade and while statutory profit is hit by one-off items, the resilient cash flow performance delivered by the group is probably more relevant. After all it allows the company to deliver a healthy increase in dividends for shareholders. "However, what Morrisons needs to continue to focus on, and reassuringly Potts references this in his comments accompanying the results, is delivering the best possible shopping experience for its customers. It sounds simple but, at a time when the retail sector and groceries face substantial upheaval, getting the basics right is more important than ever." Catherine Shuttleworth, Savvy “A growth story from Morrisons this morning - reporting like for like numbers of 1.5 percent in the core estate including Morrison.com. The real success and growth driver is clearly the wholesale agreement with McColl and the ongoing sales driven by their relationship with Amazon. Not only are these two initiatives growing top line sales growth, but they are the levers of profit. Morrison’s are not immune to the continued pressures on consumer spending. "Morrisons have much to be happy about, but there are concerns that their third growth lever, .com appears either to have slowed down or their store performance has significantly dropped. The changed dynamic in their relationship with Ocado with M&S now at the table is going to be a concern in the short to medium term.” Clive Black, Shore Capital "Morrisons has had another very good year in the big scheme of things in our view. First and foremost, it has continued to self-improve, customer satisfaction is up by 20% over four years, reflected in ongoing revenue and profit growth from its core supermarket business. "Indeed, two-thirds of the profit growth in FY2019 came from its Retail operations, reflecting growth-on-growth as well as aforementioned investment in the broadening of the Group. Taking the notable increase in the Group’s depreciation charge into account, reflecting its prudent policies and the evolving mix of asset investment, cash profit growth has been especially strong since CY2015."
scotches
14/3/2019
20:07
scotches - 22 Jun 2016 - 23:34:12 - 1201 of 1811 Morrison decided to offer a parent company guarantee on the leases such was the level of desperation to get a convenience store estate at any price. An excellent article in the Telegraph last September highlighted Dalton's disastrous deal. hTTp://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/11860775/Instead-of-dealmaking-Morrisons-should-stick-to-selling-fruit-and-veg.html "...Morrisons overpaid for a series of sub-par sites left over from the collapse of video and DVD chain Blockbuster. Yet, the biggest crime, say those who specialise in snapping up assets in so-called distressed situations, is that Morrisons felt compelled to provide a parent company guarantee on the leases it inherited when it picked up the stores. Shareholders must surely be concerned about the costs of unwinding the previous management's ill-founded ventures. Turnaround experts say when you're a company of Morrisons size and strength there is no need to make such a pledge. Instead it should have been asking: Do you want us to take the lease or not? and walking away from the deal if they couldnt get the sites without a guarantee. But its commercial naivety means the grocer has been left on the hook for £20m of property leases on the 140 stores it has offloaded, a huge blessing for Greybull, the firm of plucky financiers that has taken over the convenience operations."
scotches
14/3/2019
19:29
Interesting, just shows the lack of quality in the estate then. I'm in Weybridge Surrey, the former MRW convenience store I referenced is in Byfleet, a couple of miles away.now a co-op.
essentialinvestor
14/3/2019
19:27
hTTps://www.telegraph.co.uk/business/2017/03/11/morrisons-chairman-andy-higginson-last-thing-wanted-next-tesco/ "Many in the City also thought that Morrisons was bonkers when it took the decision to dump all 140 of its convenience shops at a time when convenience was considered to be a rare glimmer of growth for the food sector. But Higginson reveals Morrisons was losing £300,000 per shop a year. “It would have been nearly as big a job to turn around the convenience shops as it was to turn around Morrisons, so we reluctantly took the decision to pull back,” he says. After selling the business to turnaround firm Greybull, the chain of convenience stores went bust within a year."
scotches
14/3/2019
17:49
I realise they came late to that sector and clearly indiscriminately acquired stores. Many of the best locations were already owned by Tecso and SBRY. However, MRW may have compounded that error by selling indiscriminately as well, if my local example is anything to go by. Small part of the business regardless.
essentialinvestor
14/3/2019
14:16
Many of Morrisons convenience stores were ex-Blockbuster shops, the wrong size in the wrong places.
loganair
14/3/2019
14:14
Possibly. I'm not sure the disposal on their convenience stores was that astute a move. I have one local example where the Coop now run a former MRW convenience store, and it looks a goldmine.
essentialinvestor
14/3/2019
14:11
If it all goes well, maybe taking over of McColl's. £200mln to buy 1,250 McColl's convenience stores, not counting the newsagents that McColl's are slowly divesting themselves of.
loganair
14/3/2019
13:43
On MRW, I'm not sure there is a definite catalyst to drive the share price higher short term?. If the ASDA/SBRY merger was allowed, then that's different. MRW margins remain wafer thin, and there is a good 5 years left of ALDI LIDL expansion in the UK.
essentialinvestor
14/3/2019
13:42
Very surprised at the above.
essentialinvestor
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