Morrisons is rudely unloved

It is good to be back writing a few thoughts on UK stocks. Another time I will update some views on a few names such as GVC, which renamed itself Entain (ENT) back in December. What a last few months for it, and the Americans now want to buy it. I also need to do an update on my old pal DS Smith (SMDS), which performed very strongly whilst I was not watching the markets. And on a whole load of other favourites I will update over the next month or two. I am going to leave Next (NXT) to the experts, as an 8% odd romp in the share price has pushed it to crazy levels, and focus here on Wm Morrison (MRW) instead...

Wm Morrison (#MRW) – 9 weeks to 3rd Jan LFL ex-fuel sales +8.5%

More Reasons to Look at Morrisons

Hello, Share Pals. It’s hard to see why supermarkets are not scorching ahead during this pandemic. They're among the few retail operations that have stayed open throughout and so competition for non-food items has been very weak...

Wm Morrison: we don't make that much money, honest Guv...

I shop reasonably frequently in my local Wm Morrison (MRW) store and generally I have a positive view, a perspective I have generally applied to the shares too. Last month, I concluded that the company was in a good position including its savvy hook-up with some small distribution partner called Amazon. Today's interim results to 2nd August are headlined 'responding and growing' and these two attributes are absolutely at the core of any appraisal that needs to be done...

Wm. Morrison (#MRW) – H1 to 2nd Aug ex-fuel/ex-VAT LFL sales +8.7%, though earnings down after COVID-19 direct net costs, DPS +5.7%

Wm Morrison (#MRW) – Q1 LFL sales ex-fuel +5.7%, including fuel -3.9%

Morrison Makes a Bigger Profit - and before the Panic Buying

Hello, Share Troopers. Even the worst of economic disasters can provide a boost for some firms. Purveyors of pills, potions and medical gear are an obvious choice. As are supermarkets as the less-than-enlightened keep on panic buying. The manager of one of my local supermarkets was called to the till yesterday to settle a dispute over a loaf of bread...

Wm Morrison (#MRW) – last year adj. LFL sales -0.8%, recent benefit from “stocking up and sales pull-forward”

More Reasons to Sell My Shares in Morrisons

Hello, Share Scrapers. Morrison (MRW) and Tesco (TSCO) are the two British supermarkets in which I still hold shares. I’m happy about the Tesco investment because I still think of it as a recovery play, after some big set-backs a few years ago now. But I don't really know why I still have Morrison because the shares continue to disappoint...

Wm Morrison (#MRW) – 22 weeks to 5th Jan ex-fuel LFL sales -1.7%

Wm Morrison – no fire and brimstone but workable

I quite like Wm Morrison (MRW) as a company and reasonably regularly go to my local store. Back in January I observed that 'I think the shares are cheap but I might be waiting a bit of time for my (target of) three quid share price. I guess if you hold, you keep on holding but it is not a top ten tip for me or anything'. In the interim eight months or so, the share has been sideways-to-down albeit compensated by a near 3.5% yield, which has been augmented by a special dividend – which helps takes the remuneration yield to well over 4%. Today's update is a bit of a mix of push and pull…

Wm Morrison (#MRW) – H1 adj. EPS +4%, DPS +2%, argues “many meaningful and sustainable growth opportunities”

Wm Morrison (#MRW) – expansion of Prime Now’s 'Morrisons at Amazon'

Wm Morrison (#MRW) – Q1 ex-fuel LFL sales +2.3%, notes Q2 challenging comparatives

Wm Morrison (#MRW) – FY adj. EPS +8%, DPS +25%, expects “meaningful and sustainable” growth

Why I Might Sell My Holding in My Favourite Store

Hello, Share Followers. Though I’ve held my Morrison (MRW) shares since Adam took up gardening, I’m not sure I should continue my loyalty. For a long time, the shares have been going nowhere. I was up 10% at one stage, but I’m back in negative territory now. However, I do like the stores more than those of rivals Tesco (TSCO) and Sainsbury (SBRY)...

Wm Morrison (#MRW) – 9 week to 6th Jan LFL sales +3.4%, though retail +0.6%

Wm Morrison (#MRW) – Q3 retail LFL sales +1.3%, overall LFL sales +6%

Wm Morrison (#MRW) – H1 adj. LFL sales +4.9%, adj. EPS +8.5%, special dividend & confident

Wm Morrison (#MRW) – Q1 ex-fuel LFL sales +3.6%, “confident”