CLOSING TRADING BUY MRW

+3.3% FROM THIS MORNING

Ever analyst is still bearish and I don’t think we will be seeing material upgrades on the back of these numbers. I was hoping for 4-6% today .

However it is a trading call so we close for +3.3% before the bears get their teeth back in. We may well be one of them soon enough!

 

MRW TRADING BUY
SHORT INTEREST 19%


Monday • 10 August 2015 • 11:47


We closed our short last night on the back of expected good numbers this morning following good momentum in LFL sales and management optimism on cash generation.

They have delivered and although we think structural headwinds will persist they are a trading BUY for us today. SHORT INTEREST is 19%!! They will fly this morning. Buy some on the open and sit back…£2 has been a big level and I think they will burst through that today….