Member Info for Owl85

Looks like it's given the SP a size 9 up the rear.

Been there myself, with AMC, spiked to 44p one day many moons ago, the greed took hold along with listening too much to the rampers talking of £1.. very large gain lost and a smallish paper loss realised ultimately down the line. A lesson learned.

As broad as it is long, a straight SD with no consolidation would drop the SP by the same price. SP would possibly recover over time but would take an extended period.

Had a go at it a couple of times now and not managed to break it. Got a save as you earn available at the end of this month, be nice to try and clear it. Might hang on to it till the buildup to FY results.

I bought in at 0.64 at the start of this week. Should be some decent coin to be made out of it over these next few weeks.

It seems to be in vogue at the minute, loads of firms doing buybacks currently. Will it automatically drive up the SP? No. Will it give each remaining share a tiny bit bigger slice of the pie, ie increase dividend? Yes.

That being said the amount being bought back is miniscule vs the overall number of shares.

To me it sounds as though he has set his stall out, maybe overegged it a little by design, and is preparing the ground for a quite severe round of cost cutting which will benefit the business longer term.

From the levels it's been at, this was always going to be a long-term play as an investor anyway unless you have the funds to making skimming a few% gain here and there worthwhile.

Walmart already tried and failed with Asda, Amazon maybe but I wouldn't imagine they would have an appetite for a retailer with such a large bricks and mortar presence, it would go against their current MO?

A solid, if not sparkling set of results, and still on track to deliver FY.

I personally think it will be asset stripped and sold off, the stores sold to other retailers.

All the talk of the rise of Aldi and Lidl, I think it will be Morrisons that will be the one to disappear. Asda saddled with debt and had assets sold and leased back after their takeover also.

Looking at the latest Nielsen figures for Xmas, one thing is clear, MRW (or ex-MRW) is dying on its erse.

"Tesco, the UK's largest supermarket by market share, reported an 8% year-on-year jump in sales during the quarter, while J Sainsbury saw sales grow by 8.5%, Asda by 7.9% and Marks & Spencer by 9.0%. Wm Morrison reported a 1.1% decline"

In terms of SP it has climbed strongly in the last few months, my personal take is that it will float around the 225-230 mark for a bit now and consolidate before any potential further move up.

Another RNS today, while not groundbreaking in and of itself it is a positive step in terms of communications.

The big bit for SP is that it's being sustained without tsco buying up its own shares, no RNS has come down for that for quite some time and they were getting posted daily.

The wine offer finishes Monday if anyone is wishing to fill their boots.

Good for the dairy sector there but I doubt it will beef up EUA's share price.

Follow on order to the tune of $340k

Why would Saudi want to broker a peace deal when they are profiting enormously from the inflated energy prices that this conflict has a large hand in causing?

Vulture
Same here, loads don't do it, particularly the younger generation. Everything seems to be geared towards wanting it now with no forward planning. Over the years the saye schemes (and to an extent baye) have served me very well, to the point of enabling me to buy a nice house with no support from family.

By ENET standards, that's an absolute madhouse.

*I for one