Member Info for MakeSomeMoney

I would be surprised if it is news of masks on planes which has dropped the price. Surely this was expected?

Good move n1shares on M&S. I have added more to my M&S holding today too and continue to hold onto my MRW shares too.

Agree. Making the market re-value this sector now. This could move us back into the 160s on market sentiment change alone.

Disagree Lunatic. Not about greed at all.

LTH have been waiting for this for a long time most sitting on an average sub £2 and having taken decent divs over time . Market woken up to the value of the business finally. this isn't a small cap pump and dump...if you were in it for short term 10% happy days take your money ...but as a LTH my floor is now 254p but potential upside to 280p+.

Will continue to hold and see how this plays out.

Said this when the first news broke about a takeover... If you are LTH... Don't sell like a few did at 230p. Floor has been set...bidding war is underway.

Fortress approached Morrisons on 4 May with its first takeover proposal (CD&R approached on 14 June and was rebuffed).

Why was the initial offer not disclosed to the market?

Argh autocorrect. I meant market expects a higher bid if we see sp 250+

If it goes over 250p...Market recurve another higher bid

https://www.reuters.com/business/retail-consumer/britains-morrisons-agrees-87-bln-offer-fortress-investment-group-2021-07-03/

https://uk.investing.com/news/stock-market-news/elliott-management-says-gsk-has-45-upside-after-years-of-underperformance-2407513

“Elliott is not advocating a specific outcome but is arguing for a robust process, because it is critical that the Board assure current and future shareholders that the new leadership of both companies was selected through a credible process that conforms to corporate governance best practices,” the hedge fund said in its letter to the chairman and board of directors."

Looks like things are about to get interesting! Hold onto those shares!

Market understandably not pleased with the update. This one is going to take some time to recover

Didn't expect to see this level again. Lucky enough to have been in since Pre-RI and sitting on profit...not been tempted to buy or sell until today....added at 179p. Might be a bit bumpy for a couple more weeks but happy to hold.

A thorough review of the Group's Sea Lion project in the Falkland Islands is currently underway ahead of a decision regarding the re-start of project activity.

Johnny... It takes all sorts. You have said your peice now move on.

Respectfully... Please can you two take your spat elsewhere? Stop spamming the board... Nobody really gives a toss about your argument. This is the most important news day we've had for mrw in a long time... So again respectfully please stfu.

Down to 222p this morning! Games or not, SP performance is shocking considering the rise in poo.

Banking a profit is never a bad thing...but in this instance I would say that unless you need the funds or have something else ready to invest in...HOLD!

Great open... Even better than expected. Market has woken up to the value that we have all been banging on about for a long time on this board. Hold above 230p today will show any potential bidders they will need to stump up a lot more cash. I will continue to hold whether it is sold or not because it's a great company.

GL all.

U.S. private equity firm Clayton, Dubilier & Rice (CD&R) is set to push ahead with its pursuit of British supermarket chain Morrisons (MRW.L) despite its initial offer being rejected, the Financial Times reported on Sunday.
https://www.reuters.com/business/cdr-set-continue-pursuit-uks-morrisons-ft-says-2021-06-20/?taid=60cfab283f30f20001ae407d&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter