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 10351 to 10374 of 10550 messages
Chat Pages: 422  421  420  419  418  417  416  415  414  413  412  411  Older
Just picked up 20 thousand shares this looks a cracking punt for xmas and the fund manager who was topping up what do they know?
IC tips MRW this week as an Income Stock
cheshire man
Data breach appeal hTTps:// hTTps:// ‘What we cannot do is look to bankrupt Morrisons by this, but we are seeking compensation on an individual level which …compared to a commercial case will be modest.’ If claimants win then at say £500 comp per head that is 50m to settle the 100,000 whose details were exposed. That's going to be a big insurance bill for every large organisation to guard against rogue employees in future.
It's a big position....I like this
told you earlier in week
hTTps:// One of Britain's richest fund managers builds 10pc stake in Morrisons A low-key investment fund run by one of Britain’s richest men has doubled its stake in Morrisons, becoming the second largest shareholder in the supermarket titan. Silchester International Investors, set up by a handful of former Morgan Stanley bankers, upped its holding in the supermarket to 10.4pc, now worth £480m. It comes amid speculation that Bradford-based Morrisons could be a takeover target after a decline in its share price. Silchester was set up in 1994 by multi-millionaire Stephen Butt, now 68, and colleagues including 67-year-old Michael Cowan and Bertrand Le Pan de Ligy, 53.
Good read thanks. Mozzas - I've never heard it being called that before.
hTTps:// (sub or registration required) "Despite running Britain’s fourth biggest supermarket for the past five years, he has never given an interview before." " When he arrived in 2014 Morrisons was being battered by Aldi and Lidl, the discounters. Losses had ballooned to £792 million and like-for-like sales were down 5.9 per cent. Mr Potts took swift action. In what became known as the “Bradford bloodbath”, he axed nearly a third of head-office staff and halved the management team from 60 to 30. “It’s better to make those decisions early and deep in order to be able to say: ‘The war is over and we are now going to battle this together.’ ” Next, he dumped Morrisons’ convenience stores, despite rivals rushing to open small high street shops. “It might have felt like we were zigging when everyone else was zagging, but they had morphed into a profit drain and weren’t able to be scaled because we’d arrived very late to the party.” Then he focused on renegotiating the supermarket’s restrictive 25-year deal with Ocado, striking a side-deal with Amazon, the American giant. Since then Morrisons has been able to expand its wholesale business by selling more groceries online, even in towns where it doesn’t have any shops. And then there’s the investment at Rushden and across Morrisons’ 18 manufacturing sites, all part of Mr Potts’ plans to make the supermarket more competitive. If he stops on a tour of the plant to caress a bag of gleaming, freshly-packed Charlotte potatoes, “why not? They cost 16 million quid.” Meanwhile, takeover rumours continue to swirl, heightened by Shore Capital, the house broker, suggesting that Amazon could take advantage of a weak pound to snap up Morrisons. Mr Potts acknowledges that “Amazon has ambition in grocery and we are one of the smaller British retailers. Both companies want to support innovative, different ways of serving customers better in the UK.” He also confirms that Morrisons could supply Amazon stores with groceries, if — or rather when — they finally open their till-free Go sites, and that distribution work is already going on for Amazon to use Morrisons supermarkets as “offering one- to two-hour delivery using our stores”. So it’s difficult to see, frankly, why Amazon would need to buy the business. "
major uptick monday on that news
The market share of the Big Four supermarkets has tumbled to a 15-year low as the march of the German discounters Aldi and Lidl continues. Tesco, Sainbury's, Asda and Morrisons now hold just 62.7 per cent of the market. Aldi and Lidl have raked in an additional £1billion in sales over the past year, boosting their combined market share to 14.1 per cent. Aldi, which has an 8.1 per cent share, is now rapidly catching up with Morrison's, which has slumped to under a tenth of the UK market. The discounter has been luring middle-class customers by selling high-end products such as yellowfin sole and Aberdeen Angus steaks under the banner 'Luxury you can afford'.
Lidl 'set to launch online delivery service' letting you shop from home hTtps:// I guess ALDI will also want to join Lidl
Morrisons: FTSE 100 retailer Morrisons also appears to offer long-term growth potential. The company’s recent update showed it’s making progress in growing its wholesale supply initiatives, as it seeks to reach £1bn in wholesale revenue. It’s also investing in its online growth potential through the expansion of its store on Amazon. The company is gradually reducing its debt levels as it seeks to de-risk its balance sheet during a period of intense competition and change for the wider retail sector. This may provide greater financial flexibility to invest in online growth opportunities, as well as enhance its appeal to a broad range of customers. Morrisons is seeking to expand its convenience store presence in order to increase the size of its potential customer base. This has the potential to boost its financial performance, with the company forecast to deliver a rise in earnings of 7% in the next financial year. Since it trades on a forward P/E ratio of 13.5, it seems to offer good value for money at the present time.
Hi Any further bid specuation? DYOR C7
just found my tweet lunch! off to Morrisons hTtps://
205 is enough
Either way they are a formidable competitor and that is not changing anytime soon.
"For sure for sure" and $5 billion expansion plans in America!... what can possibly go wrong? hTtps://
The difference is, this is just Aldi UK, which can afford to take on lower profits in order to take more market share from the other UK supermarkets while being supported by the rest of the Aldi group.
And Aldi see profits drop 26% to £198 million on turnover of ? £10 billion hTtps:// Methinks Morrisons has a better mousetrap
Found this intriguing in H1 results >> Financial targets update -- On track for GBP1bn annualised wholesale supply sales target -- Further GBP7m incremental profit from wholesale, services, interest and online, taking the total so far to GBP61m. On track for our GBP75m-GBP125m target >>> Even if Morrisons just hits the the low end of range, £75 million profit on £1 billion wholesale, the profit margin is.... drum roll.... 7.5%
It seems to me both Morrison's and Asda have a plan going forward whereas sadly Sainsbury's seem not to have plan rather they seem to be still trying to live off what they were in the past. Tesco's seem to be fine with just plodding a long, losing around another 1% plus in market share to Aldi/Lidl over the next 5 years, bringing them down to 26% or a little under. Kantar's fingers are incorrect as they do not included the 3.3% market share of M&S food. If one includes M&S then Tesco's market share falls by around 0.5% and for some reason Morrison's by 0.6% from those given by Kantar.
Gets an update mention with Telegraph Questor "Cash flow is strong and the divis make Morrisons a solid income option" hTtps://
Mentioned in H1 release.... there was no net increase in physical store openings over last 12 months and management seems to be focused on store cash generation. However there is a lot going on under the hood New export partner LuLu in the Middle East hTtps:// Further convenience store trial formats with Rontec hTtp:// Expansion of the Morrisons store on Amazon Prime Now Also...Multi-year partnership signed with Amazon New forecourt partner Harvest Energy hTtps:// Trial conversion of ten McColl's stores to Morrisons Daily Aldi is going to find expansion and generation of profits inside the M25 a lot harder imo. The easy growth outside the M25 must be slowing down hTtps://
Looking forward 5 years I can see Aldi's market share being around 10.5%, Morrison 8.5% and Lidl 7%. Aldi said it would step up the pressure on rivals by increasing store numbers in London from 45 to 100 by the end of 2025. Aldi are also aiming to have 250 stores within the M25 area by 2025. How many supermarkets does Morrison's have in the London and within the M25 area?
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