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
  1.65 0.91% 183.05 183.05 183.15 183.10 181.40 181.40 688,896 11:05:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,735.0 320.0 10.3 17.7 4,379

Morrison (wm) Supermarkets Share Discussion Threads

Showing 10326 to 10347 of 10450 messages
Chat Pages: 418  417  416  415  414  413  412  411  410  409  408  407  Older
DateSubjectAuthorDiscuss
17/9/2019
13:06
It's certainly material It's easy to work out what a £1bn is to market cap The harder thing to get a feel for how much of the damage is priced into the current sp
williamcooper104
17/9/2019
13:00
Aldi to open 1 UK supermarket a week for the next 2 years.
essentialinvestor
17/9/2019
12:57
It's more than a remote risk, it's a material risk imv. Although I would doubt anything like 60 pence off the SP, that would be a gift.
essentialinvestor
16/9/2019
17:51
It's not new news But it's not a remote risk
williamcooper104
16/9/2019
17:27
This is all old news. No new developments. Nothing will come of it.
justiceforthemany
16/9/2019
16:07
The pay is already equal. If women want to take the warehouse jobs they will be paid the same as a man. hTTps://www.indeed.co.uk/cmp/Morrisons-Warehouse/reviews The judgement seems perverse that they are able to judge that two different skill jobs should be paid exactly the same. Isn't that the job of the market to determine what people are paid and currently the market indicates that the ladies don't seem to want the 6am starts in a cold warehouse with heavy work (despite the current higher pay).
scotches
16/9/2019
13:48
Interesting thoughts on the Equal Pay case! All guesswork on the share price impact I think, but : 2.3Bn shares in issue would imply a one-off £1bn ought to be c. 40p /share. Plus a further drop because the balance sheet would then look much more strained. Less the extent to which the risk of this is "already in the price". I would probably then agree with both of you 20p-60p! (It's a bit painful sitting on this fence!)
kazoom
16/9/2019
13:21
Mine would be more like 30-60p (agree that it might not be as much as £1bn but it could actually be more and initially markets likely to overshoot on a bad judgment) Agree not likely to be immediately payable but doubt it can be spun out for years and years If it's close to £1bn the balance sheet would appear to be able to bear it but to create liquidity for future investment MRW would need to raise capital - probably via sale and leasebacks - which would raise leverage and the risk profile of the stock - which could further impact upon the share price If amazon are really going to buy then you would have thought that when a bad judgement was fully priced into the share price would be the time to strike
williamcooper104
16/9/2019
13:08
The court case has been flagged up here previously and to be fair it remains a material risk. Whether the sum would in practical terms amount to £1 billion is debatable, and would doubt that would need to be paid immediately. In terms of the impact on the MRW SP, that's guesswork, a range of 20 -25 pence would be my guessestimate.
essentialinvestor
15/9/2019
12:35
Love the desperate shorters lol
leedslad001
15/9/2019
11:46
Hi When will Morrisons be making their court appearance? One billion pound cost, if this happens will the share price go below 1 pound? DYOR C7
cautious7
13/9/2019
21:08
Interesting Seems that Asda have lost three times and are going to the Supreme Court So this doesn't look like being a remote contingent liability
williamcooper104
13/9/2019
20:34
Claims line growing hxxps://www.equalpaynow.co.uk/morrisons-equal-pay/?gclid=Cj0KCQjw_OzrBRDmARIsAAIdQ_JsgPuW7HwELOWP00B9rjkBYRQZnwc1HMBDnzNOcSm6ofMVevBTVa8aAl6_EALw_wcB DYOR
cautious7
13/9/2019
20:22
Hi With Morrisons possibly having to pay up to one billion pounds, how would that affect the share price? https://www.independent.co.uk/news/business/news/morrisons-equal-pay-tribunal-law-firm-asda-supreme-court-a8777886.html DYOR
cautious7
13/9/2019
20:16
take over target
oldvic
13/9/2019
15:03
The impact to the grocery sector of the new accounting rules for leases will become more apparent when Sainsbury and Tesco report. "The new standard represents a significant change in the accounting and reporting for leases, impacting the income statement and balance sheet as well as statutory and other performance metrics used by the Group. The work is nearing completion and the Group estimates that adopting IFRS 16 will have the following impact on the consolidated balance sheet at 10 March 2018: · Recognition of a right of use asset in the region of £5.1 billion. · Recognition of a lease liability in the region of £5.9 billion. · Other balance sheet adjustments of around £0.1 billion and an adjustment to opening reserves in the region of £0.9 billion (pre-tax)." hTTps://www.investegate.co.uk/sainsbury-j--plc/rns/final-results/201905010700066529X/
scotches
13/9/2019
14:00
elmfield, net debt is slightly lower, if you are referring to MRW. The reported figure has taken a jump with new accounting treatment of lease liabilities, which were previously kept off balance sheet. It would not surprise me if the interim special dividend has been used as a means of boosting the SP, so any potential bidder coughs up more - very much a case of speculation on my part Only.
essentialinvestor
13/9/2019
08:19
I think the big institutions who automate trade, often holding shares for less then 1 second need banning as they cause a huge amount of damage to the investing environment. The stock market is where a company is supposed to go to raise finance to be able to expand and grow not a place where the likes of Goldman Sachs and Wells Fargo trade via automation thousands of times per second. Goldmans and the like now pay computer programmers more then practically anybody else in their companies.
loganair
13/9/2019
07:23
Hope shorters feeling sick
leedslad001
13/9/2019
06:48
The marvels of QE, Pay a divi, borrow more, The day of reckoning ain’t that far away. Meanwhile make silage.
elmfield
13/9/2019
06:43
A company borrows money to pay a "special dividend"..Marvellous Net debt GBP 2,358m with a Profit before tax and exceptionals of GBP198m
johnwise
12/9/2019
23:18
I've made the same point here previously - Aldi compare their prices to Other supermarket branded goods. If you look on an own brand to own brand basis I don't see much difference. However Aldi/Lidl have nowhere near peaked, 3-4 years market share growth left would expect. Pretty decent set of results and outside possibility Amazon come knocking at some point.
essentialinvestor
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