The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Aw ...I am genuinely sorry to hear that ..I remember reading one post on their board of a man who wa down over 80 % and said he would not make it to retirement age and was depending on his Premier Shares for some income but they are now worth very little ...I was sorry for the man and the next thing I did ...I will regret for the rest off my life ...I sent a post on how he ( and others ) might be able to recover some off the lost monies.( Just after the share price crash ) and that was by investing it in a A I M company called U J O which I moved to just before the Premier crash ...I had good reasons for saying this at the time but unknown to me a leak got out with U J O that a ..share placing ...was going to happen .. Myself and many other investors refused to believe it especially after the company sent out a misleading R N S which appeared to give reassurance everything was normal ...But low and behold a few days later the share placing did take place ...The whole fiasco caused the share price to collapse by almost half in a slow motion.car crash type off way ( with Premier it was simply a one day major drop. ) ....My Wife is still in U J O on a hope of a good recovery by December but I sold out and am now beginning the hard slog off trying to trade back up ..As repeated I had a good 24 hours with Premier.. Monday to Tuesday... but I would have done better on that day if I had been in Rockhopper whom Premier ( or maybe now Chrysaor ) are funding in the Falklands.....At least with Morrisons I doubt very much they will be involved with these type off controversial issues such as a ..share placing / or dilution ..so I am hoping for the time being it will be a more peaceful period here but with any investment regard shares who can say for sure ...Rgds Lenin
Yep I have to admit I own Premier, not my finest moment, I'm down about 90%. But you can't win them all, I've made big gains on WMH and OCDO which offset my PMO losses so overall I can't complain. I don't have more than 5% in any one company so if one crashes like PMO it's not the end of the world.
Hi OWLS ...I know this is nothing to do with Morrisons ( a one off does not do any harm ) ..Just wondered if you own Premier Shares as well ???...( I am assuming there is only one OWLS ) ...I had been a previous investor in Premier but sold out around 3 days before the share price crash a short while ago .. However I brought into Premier on Monday but sold out on Tuesday morning on the back of a 13 % gain ...Yes to risky to stay in Premier ...I much prefer to take my chances with Morrisons ... Whatever the good or bad off this company people will always need food which is not volatile like a commodity ....plus my wife works for Morrisons so she always tells me how they are coping up....Rgds Lenin
I have close links through family with Morrisons. One of my sons was a manager and jumped ship because the way it’s run is now a shambles. No restocking of shelves during the day in my store....only by night staff. Therefore, if the shelves are empty by 2p.m then they stay empty. Not a big assistance to profit if it’s not on shelves. I hear management making decisions in the shop That make me cringe and Staff
being spoken to like dogs. Speak to a checkout assistant, the main Everyday point of contact with the shop, and they seem despondent. Their best asset is their staff and yet they treat them poorly. Not good. All in my opinion obviously.
I once had a meeting with Ken in his office in the winter. It was freezing. I mentioned this and he threw a body warmer at me and said "Put that on lad if you're cold". A true Yorkshireman !
I knew Ken Morrison a fine spoke his mind Yorkshireman.
2 weeks ago finally managed to obtain a delivery slot but doubt I will use them again. Biggest problem short expiry dates. 2 x chilled items expired on day of delivery (after we had eaten) they refunded but that's not the issue and several other items were short dated. Will only shop in store now and Tesco for online delivery.
I went round the large Morrisons at Scarborough today. Reasonably busy, but gaps in display, baked beans disappearing fast with the Savers variety gone. Toilet rolls heavily depleted, but still available. However, as on my last visit I spotted lots of young staff picking online delivery orders. Ken Morrison reckoned there was no money in home delivery, but I daresay if it can be done locally in sufficient volume then it may be worthwhile. Also noticed more price reductions, and more items now matching Aldi/Lidl on price. Re. Aldi I have noticed that some of their centre aisle one-offs are not the great buys of yesteryear, much of it is expensive and some end up being knocked out cheap a couple of months later.