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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
  4.45 2.45% 186.00 186.35 186.55 187.15 182.30 182.75 9,146,142 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,536.0 435.0 14.6 12.7 4,450

Morrison (wm) Supermarkets Share Discussion Threads

Showing 10326 to 10349 of 10550 messages
Chat Pages: 422  421  420  419  418  417  416  415  414  413  412  411  Older
DateSubjectAuthorDiscuss
18/9/2019
10:59
Not holding atm, it's on a watchlist for me, thought near to £1.80 it may be worth a look?. loganair, you are making an assumption they want to return to that sector through store ownership. You might be right, or their focus may just be on wholesale supply agreements, without the extra 'risks' of ownership.
essentialinvestor
18/9/2019
10:53
Any other suggestions of how Morrison's may get back into the convenience store market without to much head ache and without paying too high a price? Within less then 2 years Aldi will over take Morrison's market share which is likely to have fallen to around 9% by that time.
loganair
18/9/2019
10:48
Seem to remember opening price on H1 day... must be buyers remorse
muffinhead
18/9/2019
10:39
I'm guessing you hold McColls and would like a MRW bid! ).
essentialinvestor
18/9/2019
10:25
Morrison's lost a shed load of money as many of their convenience stores were ex-block buster stores which were in the wrong places, too small and with onerous leases which even after getting out of these stores Morrison's were left on the hook for. Where as over the past 4 years McColl's have been closing their newsagents and smaller unprofitable stores as their leases come up for renewal while buying larger profitable convenience stores.
loganair
18/9/2019
10:04
MRW lost a shed load of money in that sector previously. Tesco are cutting staff and opening hours in their convenience outlets, online is increasingly eating in to that segment. I don't see the attraction myself, but let's see.
essentialinvestor
18/9/2019
09:50
Morrison's are already trialing Morrison Daily convenience stores with McColl's Not really about extra space, more about getting back into the convenience store sector at not too much expense.
loganair
18/9/2019
08:48
With their increasing business with Amazon I'm not sure they will go down that route. They are closing 4 supermarkets, so the focus looks on profitability not space.
essentialinvestor
17/9/2019
14:45
When McColl's have closed most of their loss making newsagents and smaller stores, maybe a good idea for Morrison's to buy them out. McColl's have around 4% market share of the convenience store sector.
loganair
17/9/2019
14:41
Yes I looked at their 12 months market share drop and referenced it recently as a reason to be a little cautious. MRW are not just a retailer, they are in the top 5 (from memory) food producers in the UK, plus the growing wholesale division. So it's perhaps a little easy to underestimate the complete business, however I would certainly not be gung ho on prospects.
essentialinvestor
17/9/2019
14:14
Morrison's market share has dropped from 10.6% to 9.9% in just 15 months. I would think with in another 15 months Morrison's market share will be approaching 9%.
loganair
17/9/2019
14:11
I don't really see that as an issue, if MRW can hold their market share around 10%.
essentialinvestor
17/9/2019
14:08
Supermarket market share - note Kantar excludes M&S who have around 3.3% of the grocery market share so in reality the market share of the supermarkets is lower then that given by Kantar: ...........June 2018..June 2019..Sept 2019 Tesco........27.7%......27.3%......26.9% Sainsburys...15.6%......15.3%......15.3% Asda.........15.1%......14.9%......15.1% Morrison.....10.6%......10.4%.......9.9% Aldi..........7.4%.......7.9%.......8.1% Co-op.........6.1%.......6.2%.......6.6% Lidl..........5.4%.......5.7%.......6.0% Waitrose......5.1%.......5.0%.......5.0% Iceland.......2.2%.......2.1%.......2.1% Ocado.........1.2%.......1.4%.......1.4% Out of the so called big 4, Asda seems to be holding up the best. Pound for pound turnover they are 50% plus more profitable than Sainsbury's. 15 months ago Morrison had 3.2% more market share than Aldi, this is not down to 1.8%. If the shrinking differential carries on at the same rate then in less then 2 years Aldi with over take Morrison in market share.
loganair
17/9/2019
14:06
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
14:00
Aldi to open 1 UK supermarket a week for the next 2 years.
essentialinvestor
17/9/2019
13:57
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
18:51
It's not new news But it's not a remote risk
williamcooper104
16/9/2019
18:27
This is all old news. No new developments. Nothing will come of it.
justiceforthemany
16/9/2019
17:07
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
14:48
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
14:21
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
14:08
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
13:35
Love the desperate shorters lol
leedslad001
15/9/2019
12:46
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
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