Be patient light at the end of the tunnel.the property way under valued.
TSCO and SBRY better bets IMO.
£3.00 absolute tops IMO.
MALPAT - Takeover?
IMO I anticipate the usual 33% from the day's price ..hence 300p - 320p at best. Again my guess, but it does not look as if it is something imminent. My guess is it would happen in the summer or early autumn. Again I repeat that is my/our expectation but yield is excellent, divi is covered and cashflow is positive. Debt is an issue but opening convenience shops is never cheap and above all MRW seems to be in the middle ground where the competition is far too intense for things to remain as it is for a long time. For the latter reason and the practicalities that this would create [ie., pressure on MD, pressure on share price etc] I believe that there should be a significant capital gains element in the current price which the ones that are patient should enjoy. GL to all BB members brave enough to be long on the stock.
Looks the picks of the supermarkets at current SPs. Both MRW's, EPS & P/E ratios look far more attractive than TSCO. TSCO threatens a price war, but I imagine they won't be too keen on sustaining it for too long. Keeping a close eye on this. - GLA.
The SP for MRW is low & pays about 5% divi so income about 5 times bank interest and a good chance of capital gain.GL.
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