Marks And Spencer Share Discussion Threads

[essentialinvestor] 29/5/2016 14:26

Have not seen, but tried the click and collect service on an order
for a couple of new pillows and it worked well, competitively priced.
In store next day and e-mail to confirm you can collect.

They need to be more proactive on services like this, was not
even aware this was an option- in fairness may not be the best gauge
as usually a country mile behind on certain things.

[philanderer] 29/5/2016 12:50

Any spin from the M & S PR dept in the uk weekend press ?

[essentialinvestor] 28/5/2016 21:06

I had Thurs/Friday as potential days to add with the XD impact,
its the special plus the final so quite a chunk to come off the SP,
all things being equal.

[topdoc] 28/5/2016 19:47

How much will it fall by ex divi on the 2nd down to 350 ??

[qantas] 27/5/2016 22:38

Shorters have been in control and have made loads of money but this stock will bite them back on the bum as it has many times before...

[essentialinvestor] 27/5/2016 19:30

Expecting carnage may be overdoing it unless markets tank/more
bad news emerges, what you have seen over the last 12 months is already carnage.
However tbh could not say this is a buy here, unless you are brave and
can live with possible further downside, if MKS is a sell at this level
it is a weak sell, all just imv only.
Might add another small amount next week.

[philanderer] 27/5/2016 17:52

freedom , I'm in Nerja at the moment........the JLP days would probably have been Naxos or Aegina. Hoping to be back in Naxos shortly.

My portfolio has done zilch over the last seven days 😳

[death by donut] 27/5/2016 17:37

Rose & King et al had easy in the days when anyone with a pulse could get credit. Imho of course.DbD

[essentialinvestor] 27/5/2016 16:58

Had a listen to the webcast.
For me Rowe speaks a lot of sense, appears to have a good grip on challenges,
whether he can deliver we will see, much prefer him to his Bolland
and Rose and think he stands a better chance of delivering.

Have a friend who works in HQ, his nickname in the business is apparently "nails"
as in .. hard as nails.
He wasted no time in reducing the size of his own top team.
My overall impression is that is he cannot deliver then no one else can.

[eisler] 27/5/2016 16:47

Would be nervous holding these over a long weekend - can see more carnage on Tuesday

[freedom97] 27/5/2016 15:15

Phil, I remember twice when you posted on the JLP thread that you were on holiday (I think in Greece), the share price shot up! Maybe we will see a bounce here. ;o)

Enjoy your holiday! Where are you btw?

[mayers] 27/5/2016 15:00

Footwear sales may yet rise (philanderer) :)-

[essentialinvestor] 27/5/2016 14:51

Like KGF longer term phil, not cheap but stuffed with net cash, better buying on a bad week.

[essentialinvestor] 27/5/2016 14:35

Added a few more at 386.4.

Thanks Phil, fun sized only for me, not that brave.

[philanderer] 27/5/2016 14:22

Luck with those EI.

Hi freedom , JLP @ 120p+ ... those were the days. 😊

Another one wise after the event , this time Deutsche Bank... retains Buy, cuts target to 440p from 565p

What are they actually paid for ?

[qantas] 27/5/2016 13:06

Fri 27 May 2016

(ShareCast News) - Societe Generale downgraded Marks & Spencer to 'hold' from 'buy' and cut the price target to 424p from 545p following the retailer's full-year results earlier in the week.
The French bank said M&S was certainly worth holding for the total dividend yield. It said the company remains strongly cash generative, backed by healthy margins and growth in the food business, with a commitment to making ongoing surplus cash returns to shareholders.

M&S announced a 4.6p special dividend for the first half and SocGen assumes a further 4.6p special dividend in the second half, along with special dividends in the outer years, in view of the company's target net debt/EBITDA range of 1.5x-2.0x.

"The 7% total estimated dividend yield is attractive. However, we would need more than 15% total shareholder return to retain the 'buy' recommendation," the bank said.

SocGen said that while M&S was lucky to have a top-end market position focusing on specialty, convenience, health and quality, Clothing and Home present an ever-increasing challenge from all angles.

"We do not expect sustainable like-for-like sales recovery at any point. It is difficult to disagree with the measures that are being taken in response to detailed customer feedback, but there is very low visibility on recovery at this stage in our view. Hence we downgrade," it said.

[essentialinvestor] 27/5/2016 12:56

)

For anyone particularly keen the webcast is available to view on the
investors site, it gives the option to skip through, the opening CEO
statement and the Q&A at the end of the presentation are usually the
most telling bits - or just go straight to the Q&A.

[cwa1] 27/5/2016 12:47

EI, FWIW I dabbled with a few at 385 myself. Must be certifiable!

[libertine] 27/5/2016 12:32

capeview

There you are, you do understand charts!

[essentialinvestor] 27/5/2016 12:03

May regret this, bought a very small amount.