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
  0.70 0.38% 186.70 185.60 185.85 189.95 185.25 185.90 19,025,264 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,536.0 435.0 14.6 12.8 4,466

Morrison (wm) Supermarkets Share Discussion Threads

Showing 10276 to 10295 of 10550 messages
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When a Morrisons stores has come under direct competition from either Aldi or Lidl in some cases Morrisons have been force to close their store.
Morrisons making aggressive price cuts in attempt to win back customers as supermarkets and discounters slug it out Analysis of Kantar data by Barclays suggested that 46.2 per cent of Morrisons' revenues in the 12 weeks to August 11 came from discounted goods. This compared with the sector average of 32.3 per cent and was 5.3 percentage points higher than any other retailer. James Anstead, of Barclays, suggested the decision to deploy selected promotions was either 'a very clever promotional strategy or an unsustainable approach'. It comes at a time when grocers' market share is being savaged by German rivals Aldi and Lidl.
15:46 Is struggling Morrisons the next takeover target?
"Asda legal chief quits for Amazon - PA The senior executive responsible for providing legal advice to Asda throughout its attempted merger with Sainsbury's has quit the supermarket after more than eight years. General counsel and company secretary Alex Simpson has resigned to take up a new role at Amazon - joining the online giant's UK boss Doug Gurr, who also previously worked at Walmart-owned Asda. In an internal email sent by Asda chief executive Roger Burnley, staff were told a new recruitment process is under way and Mr Simpson leaves on September 12." Interesting that Amazon have recruited someone with those specific skills and experience, given the persistent talk of Amazon being interested in either Asda or Morrison.
More shoppers abandon Britain's biggest supermarkets in favour of Aldi and Lidl as half of UK households visited an Aldi in last 12 weeks All of the 'big four' supermarkets saw sales decline in the last 12 weeks Lidl notched up a sales rise of 7.7 per cent, according to the figures from Kantar Aldi saw sales rise 6.2 per cent, and Ocado soared by 12.6 per cent
hTTps:// Investec upgraded Wm Morrison from “hold” to “buy” with a 240p target price as part of a UK supermarket sector review. “Having reviewed the possible impact of Brexit-driven changes in consumer spending patterns, tariffs and supply chain disruption, we believe that the current weakness in the supermarket sector is unwarranted. While there is currently undoubted nervousness on companies with large UK exposure, we still feel the sector offers compelling value.” INVESTEC Consumers are better off yet have grown more cautious since the start of 2019, as shown in a breakdown in the correlations between supermarket like-for-like revenue growth versus household consumption expenditure and disposable income, said Investec. Since the third quarter of 2018 household consumption expenditure and disposable income metrics have expanded but grocery sales have declined markedly, it said. As savings rates have also fallen, the disconnect suggests consumers have been spending in other areas, Investec said. It estimated that supermarket revenue growth was already tracking around 4 per cent below the expected level, suggesting further downside would be limited post-Brexit. The broker also saw trade tariffs as a manageable expense, estimating an extra cost of £2.54 a week on the £66 average weekly spend on groceries. Supply chain disruption was a concern, with almost half of the UK’s food supplies at risk, but European suppliers are just as invested as UK buyers in finding a solution and any hit to supermarket revenue was likely to be temporary, Investec said. Morrisons has been a resilient performer this year, with a revitalised core business and the strongest balance sheet of the publicly quoted UK supermarket stocks, giving it the firepower to grow through acquisitions, said Investec. Expanding the wholesale operation would be the key catalyst for the stock, it said. The research also repeated “buy” advice on J Sainsbury and Tesco while keeping a “sell” on Ocado.
Been to one Morrison’s at 11am fresh veg hadn’t turned up,sorry down the road to Tesco,or either of the other non German supermarkets.
And there's Waitrose who are opening up in store freshly made Sushi by a Sushi chef. By early afternoon, all but sold out.
If you look at the last Kantar update it was a weak read for MRW.
Clive Black knows this sector better than anyone Li Ka-shing and many others need to get money out of Hong Kong. Pubs and supermarkets are great infrastructure investments with repeat customers hTtps://
After Greene King Morrisons is a prime candidate to be the next to be taken over given the weak pound and its strong balance sheet - Retail Gazette. Amazon rumours for over a year now also.
Morrisons looks cheap, says Berenberg: Morrisons has seen its shares tumble but Berenberg says it still has one of the strongest balance sheets in food retail. Analyst Thomas Davies retained his ‘buy’ recommendation but reduced the target price from 265p to 230p. The shares were trading at 182p yesterday. The shares have fallen 28% since February after the collapse of the Sainsbury’s-Asda merger ‘as Morrisons was expected to be a key beneficiary of store disposals’ and weak consumer data, said Davies. However, he remains ‘positive̵7; about the supermarket thanks to normalising growth rates, improving margin trends, and a ‘best-in-class balance sheet. ‘Morrison has one of the strongest balance sheets in the European food retail sector,’ he said. ‘We expect the group to deliver a special dividend of 2p on top of a statutory dividend of 1.96p at its first-half results. Morrison’s valuation now looks cheap.’
Yes indeed. Just had a look at the last Kantar update and it does not read well for MRW, will stay on the sidelines for now.
Another Supermarket chart looking IMO very sick buywell calls this to 140p Sorry I have not dropped in before but I have been a bit busy I can't believe any sane long term experienced investor wanting to buy any FTSE 100 share now or at any time in the last few months The writing has CLEARLY been on the wall On nearly every FTSE 100 constituent Chart buywell has single handedly tried to give ADVFN the heads up The BEAR has finally woken UP after over a decade of slumber and one of the LONGEST BULL runs for the last century. IMO it is NOT now impossible for a Bear Market for a conservative 2 years to 3 years duration I shall check charts and comment with more accuracy soon dyor
Whoever it was that mentioned 1.80 a share here a few months back, great call - Just over 1.81 atm, that's close enough. Still watching.
Appreciate the view, thanks - I'm not looking for s short term trade though.
Morrisons price appears to be in a downward trending channel. Right now, it's near the bottom of that channel so perhaps worth a short term trade if you're into that. Other than that I'd like to see it break out of the top of that downward channel if I were thinking of long-term investment. At the moment that would mean the price clearing 200p for a decent amount of time. There is also the world stockmarket situation to consider (alright, actually the American stockmarket position). Toppy or what? Though I suppose Morrisons is a 'defensive'. As always though, predictions are difficult, especially about the future ;0)
Does anyone see any value here, perhaps lower down?.
net assets for 2018/19 of GBP4,325m restated for IFRS16 181p hTtps:// 32% eps growth forecast PEG 0.4 Dividend cover 2.4 hTtps:// Tesco, Morrisons and Sainsburys joined at the hip...sector sentiment Sainsburys is the company I worry about. Cheap funding and weak sterling is major generational opportunity to take it private. Beginning to think Coupe is the useful idiot to take the company down for the bankers
Maybe you prefer a 10 year UK government gilt htTps:// Or Give your cash to BJ or JC for 30 years htTps:// I am old enough to remember buying a bag of crisps for 2.5p
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