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MKS Marks And Spencer Group Plc

265.00
-0.90 (-0.34%)
Last Updated: 11:03:47
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marks And Spencer Group Plc LSE:MKS London Ordinary Share GB0031274896 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.90 -0.34% 265.00 264.90 265.10 267.40 264.00 266.40 1,046,550 11:03:47
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc General Mdse Stores 11.93B 363.4M 0.1842 14.37 5.22B
Marks And Spencer Group Plc is listed in the Misc General Mdse Stores sector of the London Stock Exchange with ticker MKS. The last closing price for Marks And Spencer was 265.90p. Over the last year, Marks And Spencer shares have traded in a share price range of 154.30p to 293.20p.

Marks And Spencer currently has 1,972,347,176 shares in issue. The market capitalisation of Marks And Spencer is £5.22 billion. Marks And Spencer has a price to earnings ratio (PE ratio) of 14.37.

Marks And Spencer Share Discussion Threads

Showing 5901 to 5923 of 28250 messages
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DateSubjectAuthorDiscuss
05/7/2016
08:07
Woolworths, BHS and next up MKS.
dodge city
05/7/2016
08:02
Is it take over time?Too good a brand to lose but management were too concerned about the refeendum- these experienced bosses should have known better- quality and customer care the key not in it out- any thoughts?
miikke
04/7/2016
23:05
Top summary Chairman , can`t argue with any of that.

Ditch the clothing / homeware and become a food retailer where it has a top reputation.

philanderer
04/7/2016
22:24
M&S clothing problems are internal

traditionally M&S sold quality - especially
quality fabrics. In order to compete it
abandoned that part of its DNA. It could still
get it back if it could learn honest
merchandising of classic wool and cotton items
that delivered on those old promises. It would
justify the quality label.

traditionally M&S let its buyers dictate what would
be made by long standing suppliers. The process was
long - colours would be chosen two years in advance,
designs 8 months ahead of the season. Manufacturing
and delivery (to fewer than 300 stores) was set in
stone and inflexible. As a model it could not and cannot
cope in a world where Primark can get a Catwalk knockoff
onto the shelves in just 6 weeks. Much has changed -
it had to -but the buyers should
be sacked and their power abolished.

M&S has let items proliferate and it cannot manage the
mulitiplicity of fit and size options from its
single central warehouse. Running the internet offer
from the same central warehouse system has been a success
but the rate of returns far exceeds competitors in the
internet space. This is a sure sign that M&S has been very poor
at capturing customer data - they just don't know who their
customers are and what they want. This is especially true in
basic product areas like Bras and underwear, nightwear, workwear,
that used to be M&S core strength. M&S lets far too many
potential customers walk out of its stores without buying
and without finding out what they came in to buy.

Finally the stores have been overloaded and undermanaged -
this started with diversions like household goods, and has
got worse. Store managers are essentially only in charge
of personnel and have insufficient power and zero incentives
to find out and supply the goods their demographic want to buy
- its all central control, one-size fits all - or sod em.

I still believe a sufficiently powerful retailer like George
Davis given total carte blanche could turn the whole
culture round - but it would be a huge effort. when it comes
down to it management is the total key to keeping M&S out
of the Woolworths trap.

chairman20
04/7/2016
21:36
Further fall in share price & MKS could attract a bid..
diku
04/7/2016
21:04
care to elaborate diku?
smokybenchod
04/7/2016
20:46
If the insiders can't sort out the company then the outsiders will....
diku
04/7/2016
19:42
Market report:

Retailer Marks and Spencer also fell victim to a ratings revision. Investec slashed its rating to “hold” from “buy” ahead of its first quarter trading update on Thursday. The broker forecasts two-years of profit decline as a result of uncertainty over medium-term demand. The FTSE 100 stock slipped 16.3p, or 5.1pc, to 303.8p.

philanderer
04/7/2016
15:27
'Slightly older' do shop online these days and that`s half the problem.

Dividend cut being priced into the shareprice now.

edit:

that Deutsche downgrade this morning:

"..Marks & Spencer was under the cosh as Deutsche Bank downgraded it to ‘hold’ from ‘buy’.

It noted M&S trades on the same price-to-earnings valuation as Next but is more operationally and financially leveraged, dollar pressures may impact its gross margin recovery plans, and in the last downturn its food gross margins were reset.
“We think the business has good medium term recovery potential but in a Brexit environment prefer Next’s solid track record.”

philanderer
04/7/2016
15:17
I'm expecting a decline - think that BHS closing down sales will have attracted customers looking for a bargain and affected MKS clothes sales this quarter. I'm expecting it to pick up for MKS next quarter though as BHS start closing stores - so continue to hold. GLA DYOR
smokybenchod
04/7/2016
14:48
Marks clothes clearly for the slightly older age group.The type who do not shop online.
With BHS going down, could boost clothes sales, I expect them to hold their own or even a slight improvement this time. hope!!!!

omega1525
04/7/2016
14:38
It`s an excllent food retailer with an out of date clothing division.

Online fashion has killed it and I can`t see that part of the business ever recovering.

Shareprice will have to reflect that and we`re nowhere near it yet. Thursday`s numbers will be awful I reckon.

philanderer
04/7/2016
13:45
all shares are a gamble but big and boring tends to be
a simple gamble - in this case its the management story

plus Marks unlikely to be tempted by value destroying M&A

chairman20
04/7/2016
10:08
Investec downgrades from 'buy' to 'hold'.... target cut from 450p to 315p

"... Though M&S is better-positioned than prior to the 2008 financial crisis, Investec said it is difficult to see any profit growth within a weaker trading environment "

philanderer
04/7/2016
08:44
And a big downgrade from Deutsche Bank today.

Cuts MKS from 'buy' to 'hold' and cuts target from 440p to 350p

philanderer
04/7/2016
08:24
I wouldn't rely on what the Mail writes, look at what happened earlier this year, they said LMI was going to go BUST! Look what happened to the share price went from just under 40p to £2.23!! today.
freedom97
04/7/2016
08:14
Four and a half year low for this pile of cr@p and you just know it`s going sub 300p.

What a disaster of a company this is turning into.

philanderer
03/7/2016
16:17
Marks & Spencer poised for sales slump as clothing business struggles to become fashionable despite big Ad campaigns

Read more:

philanderer
01/7/2016
12:45
Quarterly trading update next thursday
philanderer
01/7/2016
09:10
Peel Hunt buy tp 500p

reiterates

philanderer
30/6/2016
17:03
Regret not up again tomorrow Dow is already up 190 points...
qantas
30/6/2016
16:45
End of month.. back down tomorrow
smartypants
30/6/2016
15:47
It was a good day up 2.3 p from a low of 306.5 to 318.20 up and away now shorters closing reason for share price rise.
This is not one to short it bites you on the bum...

qantas
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