Member Info for bertram

Morrisons Romford - Proposals for a new foodstore on Rom ... www.morrisonsromford.co.uk/ new store at Romford, down er er hmmmm.. got it South.

Wouldn MRW want to take on Tesco`s debt mountain which mirrors Lloyds banks at time of crash? heaven forbid.

Tesco's credit was cut to 'junk' by rating agencies - will this ... www.thisismoney.co.uk/.../Tesco-s-credit-cut-junk-rating-agencies-hit-re

As you pointed out SP up partly due to reinvestment of divi. A few shorts starting to singe perhaps. Next year 5p or more divi for a 176p investment, easy money. GL all.

I know you are a trader but also have the patience of a holder. You manage to combine both skills along with being a gentleman, good stuff. Nice work with UKX, ANTO etc. More nerve than me trading in the very short time spans, would create some more lines to my face but well done to you. In profit with sxx atm but keeping a sharp eye on that stock, shorters have had some fun there last few days. GL JD TTFN, GL all.

Morning JD good to read you again. I held Lloyds for many years after crash. Now that was true "fatigue". Barcs is now the only one I watch in the financial sector but even they don`t match mrw`s ratio. The governments of the USA and GB seem to view banks as their own cash cows, eg find an illegal activity and then hit with £1 billion fine. If they carry on in this vein I fear they will push financial services abroad. On the store front the local Morrison`s my wife uses is chock a block. A huge car park and still full Thursday to Saturday. Last Friday she made a meal using a beautiful piece of cod done in a milk sauce, terrific. I do wish mrw would use fish in their adds as Aldi and lidl can`t compete. As usual ATB Jack onwards and upwards. GL.

Hi hick , see your point but l also think it maybe to help their shorting friends. Giving the tree a shake and then mopping up the ripe fruit. MRW ratio is still good, one of the better payers. Pension funds need income from paying companies atm and getting more shares by frightening small investors is not beneath them.. Again only my view gl.

So Tesco that is not paying a divi, no plans to pay a divi, has more debt than actual worth, basically bankrupt, is a BUY. Morrisons that is about to pay a divi, is continuing to pay a divi (5p+),has low debt, owns own stores, has good pension scheme, is a SELL. Just what planet do these leaches live on. Fullers earth perhaps?. Sneaky fork tounged t..ts comes to mind. Keep collecting the divi folks,better rate than money in a bank, especially USB. GL all.

My wife likes the M+M cards also. When I purchase fuel it also amasses points. GL, You don`t need to leave the room.

Morning. I fear for the small investor at Tesco, no joke. They have better nerve than me keeping hold. Lloyds were bailed out by HMG to the tune of £20 billion. Tesco debt now stands at £22 billion, greater than Lloyds. There will be no gov bailout should the debt become unserviceable. Tesco need a price war now like a hole in the head. It only needs a large institutional investor to pull the plug and a downward spiral will start. Paying no divi with no resumption date forecast or planned and large debt really does echo or mirror Lloyds. I do feel a lot more comfortable with MRW where my holding is still in the black on average. Their low debt ( being reduced further) property ownership, pension provision good and paying a divi all bodes well. I will pick up more with spare cash if there is a substantial drop as 5p or greater divi is better than rates in a bank. GL and GL all.

Yes new store is impressive. Also like the company as debt is low pension scheme fine and divi continuing. Bodes well long term. Gl.

www.morrisonsromford.co.uk Just to cheer us up again here is the new proposed Romford store that Fruitster informed us of. Superb and down south to. GL all.

Yeah and I agree with you there would be no winners. If I was to buy someone beer just so they would be friends with me is a road to nowhere and no respect. I feel this is how Scotland treats the English, just a cash cow or fund raiser. If Scotland ever does go independant i hope they take all the trimmings that come with it eg. pay for yourselves as the English do and more. Someone may like to correct me but at the last referendum I believe it came out that it costs the English £13billion a year just to remain in "partnership" with Scotland. Anyhow MRW looks to be steadying ATM. fingers crossed, GL ttfn.

Small thought Xantechmrc88- SNP took nearly 50% of the votes cast. Not a "majority". If Just over 2/3 of the Scottish voted then 50% of them = 1/3 of the voting population. Simply put the SNP got 33.3 % of all eligible to vote. Not enough for independence...yet. If the SNP want to spend more they will have to tax more, let it be upon themselves. Being English I am getting fed up with the demands of the Scott's. Tuition fees, prescription charges etc. English politicians need to learn you can`t buy friends. Not if but when another referendum is held I think the English should be asked if they want independence from Scotland in our own referendum. Bet they daren't.

Hi SUFCESSEX, 12.4p down today is a bit misleading. take the 9.6p away and the drop today is only 2.8p. Tesco dropped 3.1p which kinda puts today in prospective imo. 5p or more WILL be payed next year and if CEO is correct about second half being better than first I vote for the "or more". On a lighter note I was wondering if Ed Balls has had anything to do with the running of Tesco? Their financials mirror his efforts when last in goverment. GL and GL all.

Good level headed posts today, its amazing how a poster rates MRW as "junk" just after selling. Debt coming down, removal of unprofitable stores, a sound footing and a continuing divi all bode well. AS always good luck to you and all, TTFN.

Be interested in your thoughts about a miner I have been watching- SXX or Sirius minerals. Huge potential in N Yorks if go ahead given to mine which it looks like will happen. If anyone has any points I would appreciate your views. GL all tomorrow, In for the long haul here and will just keep enjoying the divi. ATB.

Afternoon to you both. Enjoy your divi as I will gents. I know this may fall after divi date but I will watch with interest as next years divi has been stated "will not be below 5p and could be more". 150p a share and its fill yer boots time for me. Better than money in the bank imo. No calculator to hand this morning SUF so Jacks quote is accurate. good show,may we have many more. ATB chaps TTFN.

Don`t think you are missing anything. The sector is being effected by Tesco`s woe`s which are dire ATM. Not to sure I go with coolers conspiracy theories either, no offence intended. The food retailers just not the flavour of the month but that could be a signal to buy imo as they do look cheap here. I sometimes re read MRW fundamentals just to remind myself all looks OK. This usually rekindles my confidence. GL to you and all.

You are bang right, even next years divi is going to be at least 5p+. Where can you get that in a bank for £1.88? Tesco are now below water, breathing through a straw. MRW looking at reducing prices is like kicking an opponent when they are down. Tesco can little afford price cuts, more like price increases. MRW with very low debt, property ownership and rock solid pension scheme are imho in a very strong position. Tough times may be ahead but as long as we are collecting a divi, happy days. GL all.