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 Shares Traded Last Trade
  -2.75 -1.48% 182.55 26,920,993 16:35:09
Bid Price Offer Price High Price Low Price Open Price
182.40 182.55 185.20 181.90 184.30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 17,536.00 435.00 14.60 12.5 4,399
Last Trade Time Trade Type Trade Size Trade Price Currency
17:51:09 O 1,204 182.924 GBX

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Date Time Title Posts
15/1/202117:19Morrisons: David Potts to lead revival2,530
08/5/201912:21Morrisons Q1 Preview 09.05.19-
12/3/201913:40Morrisons FY Results 13.03.19 Preview-
12/3/201913:39Morrisons - Duelling Dalton6,560

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Morrison (wm) Supermarkets (MRW) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-01-15 17:54:43182.921,2042,202.40O
2021-01-15 17:54:35183.04175,613321,440.28O
2021-01-15 17:43:36182.9447,47586,849.34O
2021-01-15 17:41:58182.778,64615,802.03O
2021-01-15 17:31:11183.0411,48821,027.86O
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Morrison (wm) Supermarkets (MRW) Top Chat Posts

Morrison (wm) Supermarkets Daily Update: Morrison (wm) Supermarkets Plc is listed in the Food & Drug Retailers sector of the London Stock Exchange with ticker MRW. The last closing price for Morrison (wm) Supermarkets was 185.30p.
Morrison (wm) Supermarkets Plc has a 4 week average price of 170.20p and a 12 week average price of 161.30p.
The 1 year high share price is 203.60p while the 1 year low share price is currently 157.55p.
There are currently 2,409,693,198 shares in issue and the average daily traded volume is 10,018,170 shares. The market capitalisation of Morrison (wm) Supermarkets Plc is £4,398,894,932.95.
scotches: The opportunistic $20B bid for Carrefour by a Quebec group has prompted the French government to intervene with regard to the potential risk to French security of food supply "What is at stake is the food sovereignty of the French people". The bidders are Couche-Tard a 9000 location convenience and petrol forecourt operator and from the same line of business as the new owners of Asda. There was a tiny glimmer of reaction on Wednesday in the MRW and SBRY share price as investors indicated a potential read across to UK groups as possible targets. MRW was last mooted as a takeover target in September 2019. A large freehold estate, a multi location food manufacturing and wholesale division, pension surplus and a relatively small asking price might prompt a private equity bid.
scotches: Now a 64p gap with SBRY at today's close - MRW was 10p higher than SBRY in September!
scotches: The share price is now 60p lower than TSCO. It was 60p the other way in 2017. The share price was 206p when Potts took control in March 2015.
bookbroker: In line, makes you wonder how these food retailers keep doing it, and at whose expense. This Xmas was assumed to be low key, but people have gone out and splurged on food and drink, wonder how much more wastage generated. Then off course we are likely seeing food price and drink inflation creeping up. The packages get smaller and the prices either remain the same or increase.
scotches: MRW is trading strongly with sales figures the best for over a decade. A new store opened today hTTps:// However how much of the bonus sales are being turned into profit. There are desperate attempts to not be seen to benefit from the pandemic - ie the business rates bonus given to supermarkets despite the fact they continued to trade. We now have 30 different jobs allowed to claim a checkout discount of 10%. hTTps:// Could these sales be loss making amid all the recent price cuts? At least as M said at 2420 these are all employed customers, a useful group to retain for future trade. However as pointed out earlier how much loyalty is there in supermarket retailing once these discount perks end - horse scandal didn't benefit MRW and SBRY long-term compared to the German worst offenders.
scotches: Was the last results statement really that gloomy? David Potts even suggested the pandemic had led to “the renaissance of British supermarkets”. MRW had just released its best sales figures in 16 years. There was the headline profits fall due to covid related costs but how much of that was taking every cost into account in an attempt to offset criticism of the "unfair" rates relief given to a business which never suffered closures. Not all of these costs will recur. The self-inflicted profit hits via discounts to key workers (why not police and firemen, or is that still to come like a do-the-right-thing advent calendar) are obvious examples on this point. Based on that September result statement Shore Capital, house broker to Morrisons, maintained its pre-tax profit forecast of £445 million for the full year. Can't argue with the weak share price which presumably is forecasting beyond this year, brexit related food issues, rates relief boost is removed, financially hit consumers trade down to the discounters, possible all out price-war. The SBRY results in next few days might provide some additional guidance on prospects.
essentialinvestor: Really? - have you looked at the share price or the last results statement?
dondee: The big food supermarket share prices are now well below where they should be and probably will be by the year end.
essentialinvestor: Perhaps Potts will prioritised profitability this time? because MRW will get SFA thanks from the stock market for anything else- as is abundantly clesr from the share price.
scotches: Can anyone explain the trading action of the Pelham Long/Short Master Fund which appears in the Shortracker listings hTTps:// Between November 2013 and March 2014 this firm built up a short position of 1.25% of MRW at prices about 240-250. For six years this short position was stuck on 1.25% without any further disclosures. There was no attempt to close the position at the 140p level in late 2015 or no extension to the position in 2018 when the price had gone back up to the 250 level. However what had looked like a possible listing error suddenly sprung to life in the last couple of weeks on April 16 and 17 when the short was increased to 1.51%. (Each 1% is about 23m shares). While Pelham are still doing well in that the current share price is some 60p below their average sell price from 2013-14 they will have to cover that exact same amount of dividends during that period for a net zero profit position if no further falls in the share price I would have thought shorters either traded out their gains or they stick with a company they believe is sure to fail completely eg Carillion, Debs etc. In the latter cases these companies were drowning in debt whereas MRW has a fairly robust financial position.
Morrison (wm) Supermarkets share price data is direct from the London Stock Exchange
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