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SP going down the toilet now - Let the Trend be your Friend...

Up & down like the proverbial, but much better choice than TSCO, LOL.

Thanks for responding to the topic I introduced, perhaps you would give us your thoughts on the Big Question:- If M stores can be made profitable from Day 1, as the new owner says, because of 'Basic errors' by the Dolt, why couldn't Potts do the same? Instead of contributing towards Xmas profits, MRW will be booking a 30 to 50 million loss from the Firesale of the 140 convenience stores. Why the rush? Can Potts see the need to raise cash further down the line?

Guys talk about BT,LLOY.HSBC,Spread betting,if you prefer - I was a fan of Potts until those comments from M stores new owner. I thought one of you Hot-Shots might have an explanation, however unfeasible :)

I have got not one answer to my pefectly serious question. Today MRW the most shorted FTSE 100 stock, 12.50%, SBRY 10.5%, Ocado 8.5% & TSCO er... 0.9% .

If M stores can be made profitable from Day 1, as the new owner says, because of 'Basic errors' by the Dolt, why couldn't Potts do the same? Instead of contributing towards Xmas profits, MRW will be booking a 30 to 50 million loss from the Firesale of the 140 convenience stores. Why the rush? Can Potts see the need to raise cash further down the line?

Sunday Times :Cheesy & Unexciting - rates ASDA,Aldi & LIDL better.

'Yo should try Sainsbugs opers. got 40% off 6 wines there.' Can you name the wine?? Staff unable to locate this remarkable bargain, familiar with '25% of six bottles' currently running.

-sold BLT to fund buy. They say the Devil has the best tunes and this Sin stock is exceptionally well run,IMO. The US acquisition is key to my decision - bigger share of a better market & increased attractiveness to a Predator.

Finance chief Trevor Strain said underlying sales volumes, though still slightly negative, were improving quarter-by-quarter. Potts said the turnaround plan was making progress, highlighting positive shopper reaction to more targeted promotions, improved store standards and moves to tailor stores to local communities. Some retail commentators remain to be convinced. "To claim you are making good progress on the back of these numbers is bordering on the delusional," said John Ibbotson of retail consultants, Retail Vision.

Now Bertie has lost the plot, like Potts - perhaps someone, anyone, can answer this question?

22 hours ago ... Morrisons is being sued by more than 2000 staff after some of their personal and financial details were posted online. ... The security breach happened when a rogue company auditor got through the company’s controls and leaked the data. .

This is the question Major shareholders will be asking - unlikely to be satisfied by Happy Talk. Any one here got an answer?

Cash my Chek Bought Northumbrian Water a while back - if there is a better hole to go to for a pension fund ,I don't know what it is...

- from Day 1, because of 'Basic errors' by the Dolt, why couldn't Potts due the same? Instead of contributing towards Xmas profits, MRW will be booking a 30 to 50 million loss from the Firesale.

Off with the Old:- Morrisons expects to incur a loss on disposal of around £30m. In addition, Morrisons retains a guarantee on individual lease obligations, which could revert to Morrisons if the new business does not succeed. The residual contingent liability in this event is estimated at up to £20m. And on with the New:- House broker says 'This won't move the dial for MRW'.

New owner of 140 M stores, says they will turn a profitable immediately, because The Dolt made 'Basic errors' like 3 distribution depots instead of 1, 140 support staff in Head Office, no stocking of sweets in shops near schools or Halal meat near Muslim communities. Begs the question was Potts hasty to dismantle The Dolt's legacy in a multi-million pound loss Firesale?

'This announcement may include forward-looking statements, which are statements made about potential future events or occurrences. These statements are made by the Directors in good faith, based on the information available to them at the time of the announcement. Consequently such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying such forward-looking statements and information.'

Will depend largely on xmas trade, you, me or the Pope can't say what the div. will definately be in 6 months time.

You may say that, but I couldn't possibly comment...