Member Info for thehoops

Surprised this turned red. All seemed positive on the conference call today. Still feel this is a bargain under 15p. GLA

Analyst and Investor Presentation

A presentation will be held for analysts and investors today at 8.30am (GMT) to provide greater insight into the performance of the Morrisons Daily format and to give more detail on the supply chain disruption experienced during the year. All presentation materials will be available on our website. A webcast of the presentation will be available via the following link:

 

www.incommuk.com/customers/online

Access Code: 374565

Hi I live in Scotland and my local McColls has been converted. Not the McColls name but the stock within (safeway).
Much cheaper than before and better range of products.
Thanks

Also happy with the fact they have temporarily halted the transitions during the festive season. Makes perfect sense for maximising profits and come next year when the rebrand completed people will wake up to the shops true value and in turn the true share value. Best of luck ??

Looking forward to December 8th. Fingerd crossed. GLA

Phimx/Old blue.

So how long you been married? You sound like the pouges Christmas

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Before this shop was empty today 5 customers at once. Decent selection of fresh fruit/veg.
Milk 2 for £2.30 (same as co-op)
2l bottle of Irn Bru £1.25
Bakery selection from Stephens bakers
Better selection of raw meats
Lottery

Win/win
This gotta be severely undervalued at these levels IMO

My local McColls used to be a last resort for me until recently. I started noticing the Safeway logos on products and better prices initially on some items. Happy today to see the shelves brimming with stock and decent deals on too. Is the stocking issues finally easing I wonder? Either way with an average of 12.6p I'm in.... GLA

Also. I assume a RNS will be due soon with year end accounts

Hi if there is market capitalisation of £2,000,000 ÷ 4,272,000,000 shares in issue...
Would give an average price of £0.0004681648 or 0.046p per share?

Noob question here... I see on lse site the Market Cap of MCLS is 39M but on stockopedia they have 20.55M which one is most reliable?

Thanks

On 12 October 2021, we announced the opening of our 100th Morrisons Daily, implementing six store conversions per week. The pace has since accelerated, and we now expect to reach over 150 Morrisons Daily stores in operation by the end of November 2021. At this pace, we anticipate reaching our targeted number of 350 conversions well ahead of our original date of November 2022.

 

"Despite these supply chain issues, I am delighted by the step change we are witnessing in store performance from our Morrisons Daily conversions. This new format is showing strong sales growth and is delivering better ROI than we expected. Our conversion programme is moving at pace, ahead of time and on budget, and we anticipate reaching 350 Morrisons Daily stores well in advance of our original target.

Hoping for an over reaction. I joined today based on this RNS.

This forum needs a laughing face emoji

This Monetary Policy Report will be published on 4 November 2021.

The press conference following publication of the Monetary Policy Report will be streamed live at 12.30pm and the recording will be published subsequently.

Thank you all for your opinions.
GLA

BoE Base Rate been at 0.1% since 26/03/2020 when it was changed from 0.75%.
The decision is due at 12pm tomorrow.
Inflation currently at 3.1% and expected to rise to 4% Q4 2021 before settling around 2% next year again they predict.

The big question is: Is it time to increase the base rate to 0.25% or more and how will it affect the Lloy price tomorrow? Crystal ball anyone?

Lloyds SP is still below pre-pandemic prices and during the recovery had underperformed compared to other UK banks.
Lloyds has a huge market in mortgages and with the base rate rise I'm hoping 53p by end of week.
Holding my 69k shares with an average of 49.16p and no rush to sell.
GLA

Run horsey run.

UK shares between 12:15PM – 2:15PM for £3.50 dealing commission per online trade.

https://www.halifax.co.uk/investing/events.html