Remember, stocks can go up as well as down…
It’s a thing of beauty…
Article in the FT mentions that Clayton, Dubilier & Rice will continue to chase a Morrisons take over despite its initial approach being rejected.
I was late to the party this morning and ended up buying high
That’ll do nicely for now! Interesting few days/weeks coming
Edit: missed your last bit. I’m personally holding here, more to come I feel especially if we see any other interest pop up - Amazon ideally.
With the prospect of higher bids your investment might still be a good one. Fingers crossed…
Yeah will see how the price looks at the end of the day and maybe buy a few more and hold on.
Reading in Yahoo Finance
Could be several interested parties to add ot the mix from Lone star, Apolloo global Management and Amazon.
Gutted I didn’t buy any Friday ha
Shame 30% of not very much, is not very much, but great to see such green
Do we think it’s too late to buy more for a small gain?
Depends what you think it’ll go to. I read one article which suggested they’d probably agree a price around 250-260.
It might be 5-10% above the current price, but it’s also not guaranteed, so I know personally I can’t be bothered with it.
It’s also worth considering that the current price is slightly higher than the price per share offer they rejected. While that was a starting point, it probably isn’t too far away from the realistic true value.
Wish I had bought more earlier but if gets up to £2.50 makes a small gain. More than the savings accounts atleast ha.
I guess it’s gone up another 1% this afternoon, but there’s no reason necessarily to pile into a stock you don’t know anything about for a 5% possible gain. For instance MNG had a 3% swing today, and I’d rate that more highly myself for future growth.
That’s another il add to my list that I’m watching :-).
Morrisons - the only supermarket Sean Bean has ever advertised - is my favourite of the original big 4. I’d be gutted if some vultures swooped in to asset strip it. As far as I know, it has the biggest vertical supply chain of any supermarket and directly makes a lot of its own brand goods instead of outsourcing it.
The idea of the former boss of Tesco getting in there fills me with dread.
I bought MRW months ago for the divs. Wicked!
Iv only starting buying stocks last few weeks. Was piling in to bt and Aviva. But maybe Morrisons will be good long term one too.
I banked my profit first thing this morning, and kept my long on the rest of the shares. Practically perfectly pleased.
Yes I thought similar for MNG. Long term growth and divs. Bought in just over a month ago.