Not the most exciting share, but with safeway conversion now complete (and how much better the old safeway stores are now) the shares should start to come back. Already started a nice rise from a recent low. Costs for conversions will still hold the price back but when that is out of the way, should be be nice. 190p

art as in fine art or as in designer?

fortunately all 3 of my children are gainfully employed - grandson excused as he's only 6 months old (but claiming incapacity benefit already)!

designer . just back my local mrw it was packed . i spent over 120

and jolly good luck to her, especially if in fashion ..... very high mortality rate, and an awful lot more to running your own biz than just having talent (as i know you know) ..... furthermore, and i expect you've budgetted for it, she's going to need very significant financial support in that field!

cynic . i have more than enough she can have what shre likes but she is no fool

if you had private e-mail i'ld write to you at length ..... my daughter is in fashion having graduated ex St Martins, and as you should know "being no fool" is a million miles away from having the expertise to run a fashion biz

cynic . iwill let her get on with it her mother my daughter is nt daft she as 6 shops . but not in fashion letting and estate all in the south doing very well

now back to making more money next tues my last term account ends with lloys i already closed 6 of them and put it in marget far more control of money only a button away . and good luck to you. i am looking at a share to buy will post when i have more info.

try Anite (AIE)

.

harry - this one's a bit easier to follow ..... important bit is sustained break through 200 dma, though possible resistance at 286

Am aiming for 3 then out. If I get the divi then fine, if not at least made some good profit. When it goes ex-divi I expect the sp to head back to 250/260p pdq!

why should it?

Because historically it has, as per the graph. MRW seems to be stuck within a fairly tight trading range.

harry remember they are buying back 1b of shares over next 3 years

Share buy backs are generally considered to be very bad news for investors. Read the last Shares mag on the subject. Consensus is that it does not enhance the value of the rest of the shares in issue.
Written by Tom Sieber and others:
"Better than buybacks
In our view companies make the right decision by opting to return cash to shareholders through a dividend rather than pursuing a share buyback scheme on which we are generally negative. Buybacks may be more tax efficient since dividends are paid minus a 10% withholding tax, but a private investor is unlikely to be able to participate.
The majority of repurchased shares are bought directly from a companys institutional investor base. Management could argue retail shareholders benefit from the enhancement of earnings per share (EPS).
EPS is net income divided by the number of shares in issue so reducing the number of shares should automatically increase EPS, especially when returns on cash are so low. We are far from convinced that massaging earnings figures is in the best interests of shareholders though (see The Oracle, 3 Feb)."

bullish write up in this morning's nationalist gazette (aka telegraph!) in "your money" section

cynic i have been posting that MRW is a gift that is why i have been buying for weeks .

i too have a decent (for me!) chunk ..... i added some a couple of weeks back and shall prob add more in due course, even though i am (technically) quite o'weight here already

always remember pension fund managers always buy at the top
that is why pensions are only for dimwits .

have now started to buy VOD havebought 126000 so far final div nigh on 6p full
year 9p