Morrison (Wm) Supermarkets PLC $ 2.31 -0.03 (-1.28%)
MRWSF News and Headlines - Morrison (Wm) Supermarkets PLC
German grocery store chain Lidl is set to open stores on the East Coast. Like Aldi, Lidl is a low-priced grocery store with a set number of items for sale. The two companies killed the competition in Great Britain.
Before Aldi and Lidl entered the U.K., the scene was dominated by Tesco (TSCDY), Morrison Supermarkets (MRWSF) (MRWSY), Asda and Sainsbury (JSNSF). Sales have fallen 1.3% at Tesco, 2.4% at Morrisons, 1.4% at Sainsbury's and 5.9% at Asda. Both Lidl (pronounced Little) and Aldi are German; neither is publicly traded. Trader Joe’s is owned by Aldi. The two know how
International firm Bestinfond (Trades, Portfolio) recently increased its portfolio by adding four new positions. Francisco Garcia Parames, who previously ran the firm, has been called the Warren Buffett (Trades, Portfolio) or George Soros (Trades, Portfolio) of Spain. He is one of the few successful Spanish investors.
Lenta Ltd (LSE:LNTA)
The firm purchased 2,793,164 shares of LNTA durin g 1Q2015 at an average price of $6.58
One of our newest international gurus, Francisco Garcia Paramés, reported his fourth quarter portfolio changes on Friday.
Paramés is a self-taught value investor from Madrid, Spain, who strictly adheres to the value management of Graham, Buffett and Lynch. The guru is the chief investment officer of Bestinver Asset Management and has often been referred to as the “Spanish Warren Buffett.”
During the fourth quarter the Spanish guru sold out of three companies and bought into seven new ones. As of the close of the fourth quarter, Paramés’ portfolio contained 104 international stocks valued at over $1.5
|2020-09-11 $ 2.31 (-4.55%)|
|2020-08-21 $ 2.48 (%)|