Marks And Spencer Share Discussion Threads

[aussiedonnie] 18/11/2011 13:45

LOL, all the sheep follow that negative media stuff. Best thing you/sheep can do is have an open mind.

[gruss] 18/11/2011 08:15

Good to hear Nick is still alive and kicking. I am showing good profits on MKS and if it is not for his deramping this would probably have never happened.
Bought in originally at £2 and £3 and still holding all my original stock.

[jacobjohn7] 18/11/2011 08:06

i'm out for a smallish short term loss. markets too scary at the moment/forseable future. and I won't short. They should ban it across the board IMO especially in volatile markets (or does it create it) I digress. Good luck all. If euro implodes think we'll be looking at historical lows everywhere. And maybe that might be the time to have some money to invest?

[essentialinvestor] 17/11/2011 15:27

nick, Sir Fred Goodwin was knighted under Labour.
At least the UK's borrowing costs are now at record lows.
The crisis is global, with much of the euro area in far weaker
positions than the UK, and paying a huge price to service their debts.

[lyntwyn] 17/11/2011 15:06

and your still deramping by the sounds of it

[nickward] 17/11/2011 14:57

I haven't posted for while but for those that are interested I still have my short in M&S open. This baby seems stuck in the low 3 pounders so my 280/260 target still a way off. Patience is the key. My prediction approximately six months ago that the Tory led coalition have screwed up the economy seems to have been vindicated. My prediction of 3 million unemployed by Christmas is some way off, the figures are still heading for 3 million and that Muppet Osborne still can't get a grip of the economy. Funny thing was last time we had the Conservatives running the country we had 3 million unemployed. They started by blaming Labour now they blame the Euro if you ask me there is a culture of blame in the Tory party. Cameron and the coalition don't want to help Europe and many would agree. However most people don't look further than their own noses so they don't see what nasty little surprise is lined up for us if we sit back. For those intelligent enough to have worked it out congratulations you're about 1 in 1000. For those who still haven't worked it out, think about a massive devaluation in the Euro, a deliberate devaluation that would drastically ease the pressure on Europe and put Britain out of business. Yes, the German car lovers among you might pick up some bargains (personally I detest German cars) but our own industry would not be able to compete and we would sink further into the mire. Good luck everyone, you're going to need it.

[gruss] 17/11/2011 13:48

Lyn. I take it you are a candidate for the Short party.

[essentialinvestor] 17/11/2011 13:41

jacob fair points - watch for higher unemployment though.

Lyn you cynic! - that made me smile a lot.

[gruss] 17/11/2011 13:15

Putting MKS aside as I am showing good profts I wish with my other holdings I'd put that money into paying more off the mortgage rather than trying to make more money. Oh with hindsight!

[jacobjohn7] 17/11/2011 12:51

EI. yes but I don't think as bad as 2011 myself, think now public realising that low mortgage rates are going to be here longer than they thought,.. i know some spare money is being eaten up with fuel/power costs. but belt tightening at home fuel wise can still allow forays onto the high st. I've personally not changed by spending habits... i'm personally using this last two years to erode my mortgage must faster by over payments. Which in turn is good for the banks, and better for my long term debt...

[jacobjohn7] 17/11/2011 12:47

yes GRUSS i got some more today at way too high though.. didn't think it would break the recent up/down range, but ave. isn't bad when all is calm. But all is def not calm. and worry every time i hold overnight... prob best off out, should have kept the powder dry for longer...

[essentialinvestor] 17/11/2011 12:33

2012 is going to be tough, surely everyone can agree on that.
My main point was I disagree that MKS should be selling
at a much higher PER as m0rr has suggested.

[jacobjohn7] 17/11/2011 11:11

just purely euro bonds market thats dragging everything down today. French Ok but spanish joining Italian.

[jacobjohn7] 17/11/2011 11:10

retail up 0.5% EI.... the high st isnt as very neg. as the press would make out.

[essentialinvestor] 17/11/2011 10:56

With respect you need to take a reality pill imv.
MKS are reporting falling earnings with a large UK slowdown
still to come.

[lucky_punter] 09/11/2011 14:32

Marks & Spencer (LON:MKS) provoked a mixed response from City analysts today as it reported a small increase in its first half sales and an 8.1 per cent fall in H1 2012 pre-tax profit. Brokers ranged from sticking with a 'buy the shares' stance to downgrading M&S to from 'buy' to 'hold'.

[jacobjohn7] 09/11/2011 11:48

worth getting in prior to ex-divi day? Any opinions as to where share price headed? million dollar question I know.. but looking for an entry point.

[alphahunter] 08/11/2011 21:33

Looks like the conference call today confirmed what was beginning to emerge back in June. Euphemistically, they are investing in growth.

[spacecake] 08/11/2011 18:41

Yes, the food at M&S is good quality however you need to be careful as you can purchase some cheese at M&S at twice the price of an identical product, weight and quality from Tesco !

[essentialinvestor] 08/11/2011 18:30

m0rr I assume your posting is an attempt at a subtle p1ss take,
as 20x for MKS is beyond la la land.