Morrison (wm) Supermarkets Share Price. MRW - Stock Quote, Charts, Trade History, Share Chat, Financials. Morrison (wm) Supermarkets Plc

Gold vs US Dollar

Home
Investing
Stocks
UK
LSE
Morrison (wm) Supermarkets Plc (MRW)
Morrison (wm) Supermarkets Plc (MRW) Share Price

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
	0.00	0.0%	286.40	0.00	01:00:00

Bid Price		Offer Price	High Price	Low Price	Open Price
286.60		286.70

Last Trade Time	Trade Type	Trade Size	Trade Price	Currency
-	O	0	286.40	GBX

Morrison (wm) Supermarkets (MRW) Latest News

Real-Time news about Morrison (wm) Supermarkets Plc (London Stock Exchange): 0 recent articles

More Morrison (wm) Supermarkets News

Morrison (wm) Supermarkets Investors Morrison (wm) Supermarkets Takeover Rumours

Morrison (wm) Supermarkets (MRW) Discussions and Chat

Morrison (wm) Supermarkets Forums and Chat

Date	Time	Title	Posts
17/8/2022	08:34	Morrisons: David Potts to lead revival	3,249
07/9/2021	12:47	Morrisons' Lighting My Fire !	141
14/5/2021	07:44	morrisons write off dozens of cars due to contaminated fuel..not fueling there!	1
26/1/2021	03:40	Morrisons see queues over payments outage..cash only!	-
08/5/2019	13:21	Morrisons Q1 Preview 09.05.19	-

Add a New Thread

Morrison (wm) Supermarkets (MRW) Most Recent Trades

No Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type

View all Morrison (wm) Supermarkets trades in real-time

Morrison (wm) Supermarkets (MRW) Top Chat Posts

Top Posts
Posted at 17/8/2022 08:34 by maxk If anyone is still interested.. Aldi to overtake Morrisons as UK’s fourth largest supermarket Cost of living crisis forces shoppers to switch grocery shops By Laura Onita 16 August 2022 • 6:54pm Aldi is on track to overtake Morrisons as the country’s fourth biggest supermarket within weeks, buoyed by the cost of living crisis. The German discounter increased its market share to 9.1pc in the three months to Aug 7, from 8.2pc a year ago, while Morrisons dropped from 10pc to 9.3pc, according to the latest figures from Kantar. “In very short order we’ll be talking about a new Big Four: Tesco, Sainsbury’s, Asda and Aldi,” said Clive Black, a retail analyst at Shore Capital. “I think in the next one or two months, and there's no going back for a while.” Aldi and fellow German discounter Lidl have been boosted by “unnatural footfall,” Mr Black said, as the cost of living crisis prompts many shoppers “who ordinarily would not be striving for deep value” to switch between grocery shops to keep costs down. https://www.telegraph.co.uk/business/2022/08/16/aldi-overtake-morrisons-uks-fourth-largest-supermarket/ Read Full Thread Follow Reply
Posted at 11/10/2021 15:11 by nerdlinger Restated my instruction to vote against to my broker via their webchat... I don't think they were just fobbing me off, got a reference number for it... The voting procedure detailed at htTps://www.morrisons-corporate.com/globalassets/corporatesite/investor-centre/offer-from-cdr/york---post-auction-letter-cdr-win-04.10.pdf looks a bit complicated. You'd think they'd make it easier considering they need a positive majority as well as 75% of votes. Fingers crossed that I'll still be a shareholder next week with a new stand-in BOD recruiting a more permanent BOD and a share price that isn't too awful. Read Full Thread Follow Reply
Posted at 04/10/2021 20:20 by praipus Enterprise value (AKA Takeover value is £10,488.50 m) so share price at enterprise / take over value could be circa £4.35 per share? Read Full Thread Follow Reply
Posted at 03/10/2021 19:57 by chopsy So are we expecting a 10p drop in share price tomorrow morning? Read Full Thread Follow Reply
Posted at 20/8/2021 17:14 by loganair As things stand, a shareholder vote on CD&R’s 285 pence-a-share bid won’t happen until October. If Fortress opts to return with an even higher offer, as Morrisons’ 292 pence share price on Friday morning seems to suggest, the process could drag on even further, especially as CD&R might counter-bid again. Handily, the UK’s Takeover Panel has an alternative to this sort of bid-a-thon, which might seem good for shareholders but is bad for businesses as managers spend months obsessing over M&A instead of running their companies. Calling on bidders to participate in an auction, as recently happened with Carlyle and Philip Morris International’s pursuit of Vectura, can break the cycle. The panel can probably force the issue towards the end of September if both sides remain at loggerheads. Morrisons’ board could call for such a circuit-breaker sooner. While that might seem against its price-maximising interests, it could still be a good idea. CD&R may be able to juice its returns by using an undivulged amount of preference shares. It might also grow Morrisons’ top line by parachuting ex-Tesco boss Terry Leahy in as chairman. But further bidding will naturally lower returns and increase the chances of buyer regret. There’s an argument for putting everyone out of their misery. Read Full Thread Follow Reply
Posted at 11/8/2021 19:17 by loganair How high will Morrisons’ share price go in the bidding war? Morrisons’ shares: what’s the right price? My original valuation of 260p-270p was based on a buyer only making small changes to Morrisons’ financial structure. I admit I was hoping that whoever bought Morrisons wouldn’t need to sell off its freehold property and load the group up with debt — techniques that are often used by private equity to boost the returns they can generate. However, I think that if the price tag rises any further, then buyers are likely to use more aggressive methods to make money from the deal. To estimate a possible winning price, I’ve revisited my numbers. My sums suggest that if a buyer is happy to sell some of Morrisons’ freehold property and increase debt levels, then a bid of 300p could be justified. That’s a level Morrisons’ share price last hit in January 2012, when profits were much higher. Read Full Thread Follow Reply
Posted at 10/8/2021 13:16 by jlondon Tues, 10 Aug 2021 Morrisons 's share price 280.70p to Sell & 280.80p to Buy +0.68% denoted: Bid Situation [Advertised price @1:14pm] Live dummy quote: 280.774p to Buy Live dummy quote: 280.646p to Sell Interesting that the share price has gone just a little OVER £2.80 vs £2.70+2p last bid with an extension to 20 Aug 2021. Kindly check as different brokers may have slightly different prices. Read Full Thread Follow Reply
Posted at 21/6/2021 11:43 by goldpiguk Hi, As a long term holder of MRW shares I am pleased to see the real value of the company starting to be reflected, with todays share price reaction to a potential bid. The rapid growth of Aldi/Lidl in the UK has kept UK supermarket shares depressed for the last few years - and MRW shares in particular have languished. Given the share price is currently above the initial offer price, the market is confident higher bids will now emerge. I agree. A takeover by Amazon might well be the best outcome for customers and employees and with Amazon moving into the physical retail market in the UK, MRW would be a natural addition to its portfolio. Below is a link to the companies Amazon has acquired. https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Amazon As a customer I would much prefer to see MRW taken over by Amazon, rather than by a private equity firm. Goldpig Read Full Thread Follow Reply
Posted at 21/6/2021 07:35 by chinese investor U.S. buyout group Clayton, Dubilier & Rice LLC has chosen a soft target in approaching Wm Morrison Supermarkets Plc with a 5.5 billion pound ($7.6 billion) takeover proposal. The U.K. grocer says the price is too low. But its defences are weak and it could have a fight on its hands to stay independent. The only surprise about CD&R’s 230 pence per share approach is that it has taken so long for a bidder to emerge. Pandemic shopping habits combined with lack luster share price performances have made grocers alluring buys. Morrison is the smallest of Britain’s so-called big four supermarkets and has all the ingredients to be an attractive private-equity target. There’s almost 5.8 billion pounds of freehold property on Morrison’s books, compared with a market capitalization of 4.3 billion pounds on Friday. The share price has underperformed the FTSE All Share Index over the past two years, even amid a turnaround under Chief Executive Officer David Potts. Management has been criticized for receiving high pay despite the poor shareholder returns. The premium being dangled is 29% above the shares’ last close (which was also roughly their three-month average price) and shareholders would keep a 5 pence dividend. That’s not an offensive offer, but it’s a long way from a knockout. A sweetened proposal with a juicier premium would put the board under real pressure. CD&R won’t want to go hostile, but shareholders could demand that Chairman Andrew Higginson engage. Given Morrison’s large freehold estate — which accounts for more than 80% of the supermarket’s stores and distribution centres — the traditional defence against a takeover would involve selling off property to raise cash. A mini breakup, disposing of the group’s food manufacturing arm, is the other obvious tactic. Shareholders would get a big windfall from the proceeds and be left with a leaner grocer. Although a private equity bidder may feel comfortable with such strategies, they probably wouldn’t work for Morrison as a public company. The history of U.K. retail is littered with such sale-and-leaseback deals that have saddled companies with long rental commitments and too much debt. Morrison already has net borrowings of 1.8 billion pounds excluding leases. And exiting manufacturing could undermine the company’s pricing strategy: Making its own quiches and filleting its own fish helps keep costs low — and value is central to its market positioning. Shareholders may also be sceptical of any renewed promises by management to improve trading. Although German discount grocers Aldi and Lidl were hurt by the pandemic — as consumers switched back to big weekly shops in traditional supermarkets — they are gaining traction once more. The more realistic course for the board would be to fight for a high-priced deal rather than no deal. That means preparing a list of alternative buyers who could get an auction going. Morrison shares closed as high as 269 pence in August 2018. An offer at 250 to 300 pence — at least a 40% premium — would be tempting. At that level, a deal would cost at least 7.8 billion pounds including assumed net debt (but excluding leases), or 7 times this year’s expected 1.1 billion pounds of Ebitda. A deal with CD&R might simply look too cozy. Terry Leahy, the former chief executive officer of Tesco Plc, is a senior adviser to the firm. Higginson is Tesco’s former finance director, and Potts was the director responsible for Tesco’s stores. Last year, two of Morrison’s non-executive directors quit on concerns about the closeness of Higginson to Potts. Read Full Thread Follow Reply
Posted at 04/6/2021 11:38 by scotches hTTps://masterinvestor.co.uk/equities/why-morrisons-and-sainsburys-shares-are-on-track-to-deliver-growth/ Shouldn't a master investor know that MRW is no longer in the FTSE 100 and it could be a while before returning on current share price performance. Automatic entry is currently at a level of 5.7 billion. MRW (4.2b) would have to rise to about £2.37 on that basis. Otherwise re-entry will require others to be relegated and if the market is generally rising that could make the task harder. hTTp://www.stockchallenge.co.uk/ftse.php The AGM should comment on the miserable share price performance. What is holding back the shares and how come SBRY is now touching 6 billion when MRW was higher cap back in September. There might even be a case for share buybacks at current share price if it wasn't for all the debt which will have to be eliminated first. Read Full Thread Follow Reply

Morrison (wm) Supermarkets share price data is direct from the London Stock Exchange

Your Recent History

LSE

MRW

Morrison (..

Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

ADVFN UK Investors Hub ADVFN Italy ADVFN Australia ADVFN Brazil

ADVFN Canada ADVFN Germany ADVFN Japan ADVFN Mexico

ADVFN France ADVFN US ADVFN Korea

V: D: 20230608 07:33:48