Should I buy Morrisons shares?

first_img Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” Morrisons (LSE: MRW) shares have not given a good return to investors in the last few years. Shares are down about 30% since its market peak in August 2018. The drop in market capitalisation of the company is one of the reason for the demotion of the stock from the FTSE 100 index to FTSE 250 index.I would like to understand the various pros and cons of investing in this company.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Morrisons Company’s fundamentalsThe company’s revenue for the fiscal year 2021 grew by 0.4% year-over-year to £17.6bn. At the outset it looks like muted growth. However, when we exclude fuel sales, total revenue grew by 8.9%. Fuel sales were down due to the lockdown and are expected to pick up this year.For retail businesses a more common metric is like-for-like sales. It excludes new store openings or closures in the current or previous financial year. At Morrisons, like-for-like sales excluding fuel and VAT grew by 8.6%. Tesco will release its full-year results next month. If we compare the third quarter results, Morrisons grew faster at 7.8%, compared to Tesco’s 5.7% growth.In the past, the company has been slow in its shift to online sales. However, due to recent partnerships with Ocado, Amazon, and Deliveroo, online sales are now picking up fast. The company’s online sales tripled in the fiscal year 2021. The unit is profitable which is very good.Its ‘Morrisons on Amazon’ service is now available in 50 towns and cities. The service lets Amazon members shop for Morrisons goods on its platform. It already accounts for more than 10% of sales in the majority of its stores where the company offers the service.In my opinion online sales could help the company to grow its revenues in the next couple of years. Morrisons is also supplying its groceries in the Amazon Fresh platforms. This gives the company the opportunity to grow its revenues in multiple channels. It has also extended the McColl’s partnership for a further three years and will convert 300 of its stores to the Morrisons Daily format. These stores offer a full range of Morrisons convenience range while being owned and operated by McColl’s.Morrisons shares are currently trading at a price-to-earnings (P/E) ratio of 45. The high ratio is due to lower profits caused by additional Covid-19 costs. The forward P/E is 12.5, which suggests that analysts are expecting a strong rebound in the company’s profits next year. Of course, forecasts can change.Risks to considerThe supermarket industry is getting very competitive. Since many consumers prefer online shopping they can easily compare prices and this could put pressure on the profit margins of the company. Morrisons has to face competition from Tesco, Sainsbury’s, Asda, Lidl, Aldi, and Marks & Spencer. The company has benefitted from the lockdown when most of the other stores were closed. Online sales also got a boost due to more people making online purchases during the lockdown. With the reopening of most retail stores next month, that growth rate might slow.Final view on Morrisons sharesThe company’s revenue growth is finally showing some improvement. Management’s restructuring efforts are paying off. However, due to the price competition, I will keep the stock in my watchlist and further assess the value competitiveness relative to other major retailers. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Royston Roche | Tuesday, 23rd March, 2021 | More on: MRW Should I buy Morrisons shares? Royston Roche has no position in any of the shares mentioned. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Amazon. The Motley Fool UK has recommended Morrisons and Tesco and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Royston Rochelast_img read more

Wisconsin Adidas Invitational to decide lineup

first_imgNo, the end of the world is not looming, but Wisconsin men’s cross country coach Mick Byrne considers today to be a judgment day of sorts, at least with regards to his team. That’s because today is the fourth-annual Wisconsin Adidas Invitational, and not only will there be great competition between the 46 men’s teams involved, but the meet should all but decide what Badger runners will be donning the cardinal and white when the championship season begins.“[Today] is the day of judgment for the younger guys,” Byrne said. “This decides who moves onto the Big Tens, which basically decides who’s going to go to regionals and nationals … this picks the team for the rest of the year.”The Wisconsin Adidas Invitational is the last meet before Wisconsin begins its championship season, which is why the invite has such big implications for who gets to run the rest of the season for the Badgers. It is the last chance for many runners to make their case as to why they should be included in the quest for another Big Ten and national title.In Byrne’s perspective, there are six guys competing for the final two scoring spots, as cross-country is scored by adding the first five places, with the lowest total winning the team competition. Currently, Mohammed Ahmed, Maverick Darling and Reed Connor occupy the top three spots, so there will be a heated battle to claim the final two positions.Although it is a little worrisome that his team has yet to be finalized for the championship season, Byrne likes the idea that each individual runner’s fate is in his own hands at this point.“I don’t pick the team, the team picks itself. They’re the ones that have to get after it,” Byrne said. “If they want to hold each other’s hands and walk out [on the course] and be all goody-goody two shoes with each other that’s fine, but that’s not going to win any championship races. And it’s a good position to be in because when you have competition on the team, that makes you a good team.”Along with competing against each other, today’s race also offers the Badgers the opportunity to compete against some of the best teams and individuals in collegiate cross-country. There will be 19 of the top 30 teams in the nation at the meet, which includes the likes of perennial cross-country powers Oklahoma, Iona, Portland and Stanford. With such top-level competition, the Wisconsin Adidas Invitational is clearly one of the premier meets of the year in the college game.Senior captain Maverick Darling, who has been at Wisconsin since the invitational started, thinks the meet is beneficial for preparing for the championship season, but it is also good for the growth of cross-country in the area.“It’s great to see the meet grow that quickly to what it is now and to be able to have that great of competition between such great teams from across the country,” Darling said. “It’s phenomenal to the Madison community and the Badger running community.”With such a prestigious invite, presumably Wisconsin’s goal would be to win the meet to show its dominance to the other teams around the country, but that is not the case. Since there is no record in cross country that determines eligibility for the postseason, there is no pressure for Wisconsin to bring home a win.Although a win would be nice, Reed Connor recognizes that the main goal for the race is to help prepare for the remainder of the season.“Cross country … it’s a different sport,” Connor said. “We have no regular season record; [our record] doesn’t matter until championship season … it’s good for our mental state to get a win, and we’ll always go for a win because that’s the nature of competition, but as far as records go, we’re just getting ready for Big Tens and beyond.”Taking into mind the size and amount of talent involved with the Wisconsin Adidas Invitational, it will surely feel like a postseason meet when the runners step to the line Friday at the Thomas Zimmer Championship Course. That postseason atmosphere will help Byrne gauge which of his athletes are ready to help the Badgers make another run at the title.“You look down that line, and you see all those big name schools and all those big superstars in our sport; can you handle it? That’s what we’re looking for,” Byrne said. “It’s about who’s ready … to step up to that type of competition.”last_img read more

Tried to be the best batsman I can be: David Warner after signing off for SRH on a high

first_imgDavid Warner bowed out of the 2019 Indian Premier League on a high after scoring 81 for Sunrisers Hyderabad against Kings XI Punjab. Warner will now fly out to Australia to prepare for the 2019 Cricket World Cup.David Warner was named man-of-the-match as Sunrisers Hyderabad consolidated their position at 4th in the 2019 Indian Premier League points table after their 45-run win over Kings XI Punjab on Monday.Sunrisers Hyderabad will now have to make the final push for the playoffs without Warner.After being adjudged the Man of the match for his superb innings, Warner said that ‘staying still’ at the crease has helped him to improve his consistency, not just as a batsman but also as a ‘husband’.”It’s obviously great to get out there and do your job properly. We’ve got a great deck to bat on. The groundstaff have worked tirelessly to prepare good wickets and then it’s about going back to basics and backing your instincts. I think it just goes back to being still as a batsman. I get the tendency to moving around a bit if there have been a few dots. But I have worked hard over the last few months. Just put the bat down and tried to be the best man I can be, the best husband I can be and that’s worked for me. Yeah, I try to be the funny man in the team, the prankster. The gameplan is to back yourself, the first six overs is crucial with bat or ball, And it’s all simple. Just back your natural game,” said Warner.advertisementWith 692 runs from 12 matches, David Warner holds the Orange Cap currently and is likely to retain it unless Delhi Capitals opener Shikhar Dhawan challenges Warner with a special effort.David Warner had missed the 2018 Indian Premier League after the BCCI barred him and Steve Smith following the ball-tampering scandal which erupted in Cape Town. Back for Sunrisers Hyderabad this summer. David Warner started with a bang and smashed 85 in the first match against Kolkata Knight Riders.Playing his last match in the 2019 IPL for Sunrisers Hyderabad before heading out to Australia to prepare for the 2019 Cricket World Cup, David Warner came out all guns blazing. He welcomed R Ashwin into the attack with a six and made his intentions clear early on in the innings as he does ever so often.David Warner had won the Orange Cap in 2017 with 641 runs in 2017 and after missing the 2018 season, he looks set to win it all over again.In 2016, Warner had scored 848 runs, the second most in a season behind Virat Kohli’s 973 the same year.David Warner was in incredible form in the 2019 Indian Premier League.During the season, he hit 5 successive fifties: 70 not out vs KXIP (April 8), 51 vs DC (April 14), 50 vs CSK (April 17), 67 vs KKR (April 21), 57 vs CSK (April 23).Warner fell short of a record-making 6th fifty in a row when he was spectacularly caught by close friend and Rajasthan Royals captain Steve Smith for 37.On March 31, David Warner scored his 4th hundred in a barnstorming 185-run opening partnership against Royal Challengers Bangalore.David Warner finished the 2019 IPL with 9 fifty-plus scores. Out of the 12 innings he played this season, David Warner could not score at least fifty against Delhi Capitals (10) and Mumbai Indians (15).Also Read | IPL 2019: David Warner hits 600 runs in 3rd successive IPL seasonAlso Read | IPL 2019: David Warner leading the charge for batsmen upon return to IPLlast_img read more

Video: Former Florida Golfer Bill Horschel Does Gator Chomp After Birdie, Trolls Florida State “Bandwagon” Fans Following Round

first_imgflorida golfer bill horschel celebrates birdie with gator chomp.florida bill horschel gator chompThe Florida-Florida State rivalry has surfaced at the PGA’s The Players Championship event in Ponte Vedra Beach, Fla., this weekend. Former Gators’ golfer Billy Horschel wore his Florida colors during the tournament’s third round on Saturday. On the course’s famed No. 17 hole, he was taunted by some FSU fans with the tomahawk chomp. He responded by birdieing the hole. Then he did the Gator chomp. After his round, he was asked about that moment. He responded by criticizing Florida State’s “bandwagon” fans.   Billy says fsu fans are bandwagon fans. Go Billy! Go Gators!Posted by Glenn Irvine on Saturday, May 9, 2015As of 3:25 p.m. E.T., Horschel is tied for sixth at -8. He’s six holes into his final round. We could be seeing some more Gator chomps today if he continues to play well. [247 Sports]last_img read more

Tax changes could hurt family farm operations

first_imgThe Alberta Wheat Commission has made its views on the federal government’s proposed tax changes clear during a visit to Ottawa and now they are urging producers to have their say.The AWC is telling producers to take time from their busy harvest schedules and write their MPs about their concerns.Chair Kevin Auch said these changes will have an impact on passive savings.“Sometimes you want to build up a cash reserve on your farm, in order to be able to expand, or buy a machine, or a piece of land or whatever and if that income is taxed at a high level then it just effects our ability to grow,” Auch said.He added, the proposed changes will also hurt a family’s ability to pass the farm down to the next generation.last_img read more

For many hotels terror risks make tight security routine

first_imgIn many parts of the world, the constant fear of extremist attacks has led to tighter security measures at hotels and resorts, but that is less so in the United States, where hotels are reluctant to intrude on the privacy of guests.Security experts say the shooting attack that left at least 59 people dead in Las Vegas could lead to more cameras and more training for hotel staff.More aggressive measures such as metal detectors or X-ray screening of guests and luggage — standard for airline travel — are less likely to gain footing in the U.S. because of cost and privacy concerns.Although they are private property, hotels are notably public spaces in most of the world. In many places, luxury hotels have entrances from shopping malls, and their lobbies serve as a refuge from noisy, chaotic streets.Hotel operators in other countries are increasingly deploying armed guards, vehicle barricades, X-ray machines and other measures to reduce the risk of attack.The King David Hotel in Jerusalem, where President Donald Trump and other foreign leaders have stayed, reportedly uses infrared cameras carried by balloons and robots in sewers to search for bombs. Windows on higher floors can withstand gunfire and rocket-propelled grenades, and the air conditioning system is designed to block attacks using poison gas.The Resorts World Manila casino in the Philippines said it hired a security contractor, Blackpanda, and established new security protocols after a man with a gambling addiction carried out an arson attack in June that left 37 dead, the latest major incident in Asia.Even before the attack, visitors to Resorts World — like many other hotels, office buildings and shopping malls in Manila — were required to pass through metal detectors and have their bags X-rayed. Somehow the attacker got past hotel security with an ammunition vest and assault rifle.That was a trifling arsenal compared with the 23 guns and prodigious ammunition stockpile that 64-year-old Stephen Paddock hoarded in his room on the 32nd floor of the Mandalay Bay hotel casino overlooking the Las Vegas Strip and a packed country music festival.Attention is certain to focus on how Paddock was able to carefully prepare and stage his deadly attack on Sunday night.“My guess is we will see more security cameras at many hotels and more monitoring of people who bring many large packages to a hotel room,” said Bjorn Hanson, a professor of hospitality and tourism at New York University. “But I don’t think one event will lead to more intrusive measures” in the U.S. such as metal detectors or X-raying guests’ bags.Hanson also believes that hotels, perhaps pressured by their insurance carriers, will increase training of staff to spot suspicious behaviour or materials left in rooms. There is a model for that in training to help staff spot human trafficking, he said.Jeffrey Price, a security expert at Metropolitan State University of Denver, said employees who clean rooms should report it to a supervisor if they see weapons, but that screening guests’ bags would be difficult in a place like Las Vegas, where people having a lot of luggage is not all that unusual.“It would be a logistical nightmare to screen everybody going into and out of the hotel room, not to mention costing billions of dollars,” Price said. “That also gets into all sorts of privacy-rights issues.”Hanson and Price said people who attend major public events should take their own precautions including knowing where the exits are, having an escape route in mind and a place to meet with companions if they get separated.The American Hotel and Lodging Association said that hotels in Las Vegas were working closely with local law enforcement after the shooting.“Hotels have safety and security procedures in place that are regularly reviewed, tested and updated as are their emergency response procedures,” the group’s president, Katherine Lugar, said in a statement. “As we better understand the facts in the coming days, we will continue to work with law enforcement to evaluate these measures.”Hotels already employ security measures such as asking guests to show their room key in the lobby, and limiting access to some floors to those who have a keycard. But because the U.S. hasn’t had the same experience — in frequency or ferocity — of hotel attacks in countries where security is tougher, that could make stringent measures seem less worthy when applied against a cost-benefit ratio.Other regions can’t afford or aren’t willing to take the risk. For instance, Africa saw two attacks on hotels within months of each other in 2015 — 38 died in Tunisia and 18 in Mali.Tunisia depends on tourism and seen arrivals plummet since a spate of attacks. Since 2015, hotels have beefed up police presence and brought in metal detectors.At the Radisson Blu hotel in Mali’s capital of Bamako, there is now a scanner for bags, and vehicles are blocked from driving in front of the building.In some cases, extra security steps were not enough.In 2009, attackers in Indonesia smuggled explosives past security guards and metal detectors and set off a blast at the Marriott and the Ritz-Carlton hotels in Jakarta that killed eight. Six years earlier, a car bomb at the Jakarta Marriott killed 12.In India in 2008, extremists targeted two luxury hotels, a train station and restaurant in a 60-hour siege in Mumbai that left more than 160 dead.Hotel chains operating in India including Accor, Hyatt and Marriott now use handheld trace detectors and X-ray scanners to check for explosives and contraband. The upscale Lemon Tree Hotel at New Delhi’s airport brought in a facial recognition system to keep track of visitors.Indonesia and India have strengthened hotel security since then, said Mario Hardy, CEO of the Pacific Asia Travel Association. Vehicles are checked, many hotels scan luggage with X-rays, and there are more security cameras.“As consumers we may sometime see those as nuisance, but I think events such as these remind us all the importance of security measures,” he said.___Kelvin Chan reported from Hong Kong; David Koenig reported from Dallas.last_img read more

Stage North to hold auditions for the first show of the next

first_imgFORT ST. JOHN, B.C. – The Stage North Theatre Society has chosen the first show of the next season, and they want you to be a part of it.The first show of the next season will be The Addams Family, a funny musical based on the characters created by Charles Addams.Stage North is looking for cast members to be a part of this show and will be holding auditions for anyone interested in taking part. Auditions for the show will be taking place at the North Peace Cultural Centre on May 31 from 5:00 p.m. to 7:00 p.m. and on June 1 from 11:00 a.m. to 4:00 p.m.If you do not want to appear on stage but still want to lend a hand, according to Stage North, there are positions open for carpenters, painters, costumers, and more.For more information, you can send an email to [email protected]last_img read more

Balbir Singh Jakhar AAP’s 7th LS poll candidate, to fight from West Delhi seat

first_imgNew Delhi: The AAP Sunday declared its last candidate in Delhi for the Lok Sabha polls, with a senior leader saying the announcement was made seeing the Congress’s “irresponsible and indecisive” attitude towards an alliance here. Balbir Singh Jakhar will be the Aam Aadmi Party’s candidate for the West Delhi parliamentary seat. Names of candidates for the other six seats was announced by the party on March 2. Elections to the seven Lok Sabha seats in Delhi will be held on May 12.The results will be declared with the rest of the country on May 23. Also Read – Gurdwara Bangla Sahib bans single use plastic Delhi minister and AAP leader Gopal Rai said the party has waited long enough for an alliance with the Congress but seeing the “irresponsible and indecisive” attitude of the grand old party, the AAP has decided to declare the name of its seventh candidate. He announced the name of Jakhar at a press conference here. “The AAP has declared all its seven candidates. We waited for long that all parties would join hands to beat the government but the way the Congress is behaving, irresponsibly, and has been indecisive for the past three months, the AAP has decided to take its movement (for full statehood for Delhi) forward,” Rai said. Also Read – After eight years, businessman arrested for kidnap & murder On Thursday, he had said the AAP will fight the Lok Sabha polls on the issue of full statehood and it is “late now” for talks on an alliance in Delhi. “The country is disappointed with the Congress and our internal survey shows seven per cent vote share of the Congress. People feel that the Congress is not serious about Delhi, so the AAP has launched a mega campaign. “The Congress is confused and every one is giving different statements,” Rai said. Sources said the AAP was in talks with the Congress over seat sharing but both the parties wanted to contest from the same seats due to which a they could not reach a consensus. Moreover, Delhi Congress chief Sheila Dikshit has not been in favour of an alliance with AAP but many leaders and workers in the Delhi Congress were in favour of an alliance. Announcing the name of Jakhar, Rai said he has been associated with the AAP since the Jan Lokpal Movement. He was the president of co-ordination committee All Delhi District Court Bar Association. The other six AAP candidates are Atishi from East Delhi, Guggan Singh from North-West Delhi, Raghav Chadha from South, Dilip Pandey from North-East, Pankaj Gupta from Chandni Chowk and Brijesh Goyal will contest from New Delhi seats.last_img read more

Canadian couple find lost ticket… turn into last-minute lottery millionaires

first_imgMontreal: A Quebec couple won 1 million Canadian dollar (USD750,000) in the lottery after finding a winning ticket that had been forgotten in a book for months, the province’s Loto-Quebec organization said Wednesday. Nicole Pedneault and Roger Larocque only realized last weekend that they had a winning ticket from an April 5, 2018 drawing. While looking through a book about Japan to help her grandson with a school project, Pedneault noticed something had fallen from the pages. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USIt was a lottery ticket the couple had bought for Valentine’s Day last year. “If my grandson hadn’t asked me to give him some things for his presentation, I wouldn’t have ever found the ticket,” Pedneault said. “The first thing I did when I found the ticket in the book was go look at the deadline for claiming winnings on the Loto-Quebec website,” she said. The ticket was still valid, but not for long — only until Friday. “It’s all just by chance that we found it at the last minute like that,” the winner said as she claimed her check.last_img read more

I also love those temporarily blinded by hate: Rahul

first_imgNew Delhi: Congress President Rahul Gandhi on Friday said that hatred was cowardice and he loves all living beings including those temporarily blinded by hatred. Gandhi made the remarks in a tweet on a day he created a surprise by saying he loved Prime Minister Narendra Modi. “Hatred is cowardice. I don’t care if the entire world is full of hatred. I am not a coward. I will not hide behind hate and anger. I love all living beings, including those temporarily blinded by hatred,” Gandhi said. Also Read – India gets first tranche of Swiss bank a/c details Earlier in the day, speaking at an event in Pune, Gandhi virtually brought the house down on Friday when he said: “I love Narendra Modi.” In a free-wheeling live interaction with over 5,000 college students, Gandhi took wide-ranging questions from the gathering, largely pertaining to jobs, education, healthcare and some even personal. Answering a poser from a student, he paused and said: “I love (Prime Minister) Narendra Modi. I really do, seriously. I have no anger against him. I love him. But he has anger towards me.” The comment was greeted with thunderous cheers and applause from the students, stunned even the hosts and the media, coming as it at the height of the Lok Sabha election season when both the ruling and opposition sides are firing poisonous darts at each other. Some students also raised slogans of Modi, Modi.last_img read more