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

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

going well enough 20p to go

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

top . then your are letting them win do not let them just have a laugh about them .
mrw still going up next thurs will be the day

why next thursday tanks?

up date .5th may should be better than forecast .i am looking for 310p before 10th

the wife and daughter just back from morrisons it was packed she had a job getting on car park . tills buzzing

good update on thursday . like for like up 2,6%. will see these go over 308p

up 29k in 3 weeks not bad but more to come

up enough 4p very nice easy money to 350p

Interim Management Statement.

have sold half for a respectable profit ..... figures are unquestionably good, but disappointing that sp failed at 300 yet again