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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
  -3.25 -1.79% 178.45 178.35 178.50 181.40 177.35 181.40 13,390,879 16:29:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,598.0 165.0 4.0 44.7 4,300

Morrison (wm) Supermarkets Share Discussion Threads

Showing 9351 to 9374 of 9375 messages
Chat Pages: 375  374  373  372  371  370  369  368  367  366  365  364  Older
DateSubjectAuthorDiscuss
20/6/2021
14:47
Amazon, a partner to Morrison, has persistently been linked to a possible bid. It has also been suggested that former Asda suitors Apollo Global Management and Lone Star could return with a bid for another supermarket after failing to acquire the Leeds-based group last year. Shares in other supermarkets, including Sainsbury's where 'Czech Sphinx' billionaire Daniel Kretinsky has a 10 per cent stake, are likely to rise tomorrow on the news. https://www.thisismoney.co.uk/money/markets/article-9704055/Morrisons-rejects-5-5bn-takeover-approach-private-equity-firm.html
philanderer
20/6/2021
13:49
My dad, who stacks shelves at Morrisons, has just received a company email that was signed off by David Potts. Basically, they have rejected the bid as it undervalues the company and it is business as usual. Significantly though, they did not say that the company is not for sale so either expect a new revised higher bid or perhaps it will push Amazon into action. To be honest a bid of 230p was never going to be enough as it has been at that price previously. I believe a bid around 280p to 300p would probably do it.
amelia airhead
20/6/2021
13:34
porsche - Centrica/British Gas is a sitting duck! Ridiculous valuation currently @ 50p given its sector, assets and customer numbers (still No 1)
justiceforthemany
20/6/2021
13:21
This is all about asset stripping - think ASDA. They will raise some capital 5-10% from their own shareholders then take a massive mortgage. They'll add this to Morrisons’s. Then they'll strip out and sell the key assets. Morrisons’s own lots of properties, these will be sold and then leased back to Morrisons’s. Its factories and abattoirs will be sold. So they will make a lot of cash by breaking up Morrisons’s. Once the best assets are sold and Morrisons’s has paid back the debt they put on the company they sell on and exit. In 3-5 years time. Doesn’t seem fair or ethical that they can make Morrisons’s pay back a debt so they can clean up. This is the American model Like Man Utd and Asda, money talks and Morrisons’s assets add up to more than the current market cap. The 110,000 employees are not even a consideration. They are not buying to try and improve its fortunes. It’s to be stripped and dismantled.
wrestlingmad
20/6/2021
12:29
Whole of the dog index of the world ftse 100 in play, poorly run credit junkie old world businesses worth more with better owners or break up, some share holder value coming at last hopefully ( ftse 100 at dec 1999 level, pitiful) gsk, aviva, BT, all in play, this……Vod Sainsbury’s and a few more next week. Excellent.
porsche1945
20/6/2021
12:21
Purely from a selfish point of view this is good because it will re-rate shares. The ideal would be that this makes the market realise the value, pushes share price above £2.20 for good and the TO is rejected. This is a good company for employees, customers and shareholders. If it were to be sold I would hope it remains in British hands. But that is unlikely.
soup de jour
20/6/2021
12:17
The inevitable short squeeze will add to buying pressure. It'll push up the share price as well. Those with shorts open have a mandate to close or reduce their position if a certain percentage increase in price is reached to stem losses. This is good for traditional holders and gives shorters a punch below the belt. Bring it on!
liberace pickles
20/6/2021
09:28
If shares aren't suspended 230p !
chinese investor
20/6/2021
09:22
Will be interesrting to see what the opening share price will be in the morning :-)
cheshire man
20/6/2021
08:16
Always Shorters Https://twitter.com/DeepValueHunte1/status/1406364009117499393
cantrememberthis2
20/6/2021
08:08
Bank of America double upgraded MRW three days after bid was received - they also need investigating after clearly receiving a tip off.
justiceforthemany
20/6/2021
08:06
3..tesco and sainsburys
johncasey
20/6/2021
07:22
Which ones are listed?
robertball
20/6/2021
01:20
Morrisons bid is only the beginning – the entire sector is now in play, Private equity buyers are set to take advantage of undervalued supermarket shares https://www.telegraph.co.uk/business/2021/06/19/buyout-kings-eye-bargains-undervalued-supermarkets/
philanderer
19/6/2021
23:20
Pete read the data Https://twitter.com/DeepValueHunte1/status/1406364009117499393
cantrememberthis2
19/6/2021
23:18
Probably only 'complicated' it in that their mates were shorting the hell out of it to keep the price low?!
pete160
19/6/2021
23:06
230p offer rejected last Monday by the Board - Bloomberg. WHY WAS THIS NOT DISCLOSED TO THE MARKET? THIS IS AGAINST FCA REGULATIONS AND LIKE SAGA DID PREVIOUSLY THIS SORT OF COVER UP SHOULD BE HEAVILY PUNISHED. Mark Kleinman got the scoop otherwise it may never have been made public to PI's. Criminal.
justiceforthemany
19/6/2021
23:02
Very early days here!
gregmorg
19/6/2021
22:46
bound to be rejected unless you are bcn directors
johncasey
19/6/2021
22:38
Oh dear rejected Https://twitter.com/DeepValueHunte1/status/1406364009117499393
cantrememberthis2
19/6/2021
21:11
A person following the situation closely said the leak of CD&R’s interest had significantly complicated the prospects of a deal. CD&R is working with Goldman Sachs on its bid, another person involved said. https://www.ft.com/content/0abdbc0d-051e-4b75-bb41-194ef2ef25d5
philanderer
19/6/2021
21:02
That’s very generous from a bunch of guys looking like cheapskates ! ! !
gregmorg
19/6/2021
20:40
The U.S. firm has until July 17 to make a formal bid under British takeover rules, CD&R said in a statement. Morrison shareholders would receive the second-half dividend of 5.11 a share under CD&R’s plan Bloomberg
philanderer
19/6/2021
20:32
Goodness me what venom builtup on what ! So we have a major UK supermarket with quite a track record, if looked at sensibly and it’s just been put into play! I have been very frustrated by the events of the last 18 months but have held on -probably thru inertia , fear or who knows what! Anyway I have to admit if an exit share price starts with a 3 then greed will overcome great admiration for the management team or indeed anything else! That is until it happens!
gregmorg
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