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Has shoprite any potential - views requested (SHO)     

BANKONE - 04 Jan 2004 09:58

Shoprite group up from 9p to 18p quickly in Sept, down to 12p now in December. Retail Sector didn't have too poor a Xmas although they suggest they have had. Plenty of competition around with loads of spare capital. Sainsburys, Morrisons Asda, Safeway busy bidding for each other. Perhaps this little fish may start to expand its niche in its base in the Channel Isles. Share price now 12p to 13p can it be worth a small investment particularly now its got its accounts into profit.

BANKONE - 02 Mar 2004 22:22 - 4 of 6

Thanxs four taht jography was not one of me stonguest poynts, nor was me speling.

BANKONE - 09 Mar 2004 23:06 - 5 of 6

Up 1/2p 3.8% is something in the offing - maybe now that Morrisons has got safe way - Someone maybe after Shoprite. Is it Sainsbury Tesco's or Asda or will they go it alone. DYOR

JRM - 16 Jan 2006 09:50 - 6 of 6

The family own over 50% and they wont sell. It could take another another 20 years.
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