Marks And Spencer Share Discussion Threads

[blackhorse23] 23/8/2022 09:35

Diku you should buy CURY if u have any money, could gain easy multi bag https://www.gurufocus.com/news/1849001/currys-plc-a-diamond-in-the-rough

[blackhorse23] 23/8/2022 08:54

Diku why u are here trolling if u don't like this company ?

[diku] 22/8/2022 22:22

Retailers will keep forcing the consumers/shoppers hand to keep paying high prices...get the customers acquainted into paying higher prices for longer...the new norm...

[darrin1471] 22/8/2022 19:55

Supermarkets will squeeze suppliers as much as they can and suppliers will try and regain margins in the coming months and years which leads to a longer tail on inflation.

[netcurtains] 22/8/2022 18:01

I've noted a lot of profiteering in supermarkets.
I suspect M&S and others are making money hand over fist.
Seriously - just take a look around Waitrose of Sainsburys etc etc
prices are going up loads - this is going to be big profits...

You can cut back on energy (quite easily) but food is much harder
to cut back on. I suspect money is going into M&S tills.

[debsdowner] 22/8/2022 17:51

netcurtains, 18% inflation is probaby over egging it but who knows, but bear in mind they are saying that due to rise in energy costs.

The energy costs are a concern as MARKS like many commercial companies don't have a cap buffer and it has been reported before MARKS will use a lot of energy on its storage facilities and fridges, which could hit profits unless they pass the costs on.

Supermarkets are absorbing some of the costs otherwise the public would just refuse to pay some of the increases and do without those luxury desserts.

I think MARKS will fare better than some of the cheaper supermarkets but will find it difficult non the less.

[darrin1471] 22/8/2022 17:28

Net. No.
Only if consumers had 18% more to spend.
Pay rise 5-10%. More of income goes on fuel and food immediately and likely to be followed by increased mortgages.
Say 10% less income to spend at mks.
mks still has to pay the rent, rates, higher energy and higher wages.
10% fall in sales can wipe out profits.

[xxxxxy] 22/8/2022 17:15

Solar farms and rewilding could could hit Britain's food security, the chairman of the environment committee has warned.Sir Robert Goodwill, the MP for Scarborough and Whitby, said farmers faced a "perfect storm" of higher input costs, the drought, the effects of the war in Ukraine and problems with this year's potato crop.The Russian invasion of Ukraine has thrown food security into sharp focus, with experts warning that Britain is increasingly vulnerable to volatile prices and one global shock away from a food crisis.Sir Robert, who has led the Commons' environment, food and rural affairs committee since May, warned that it would be impossible to predict prices at the next harvest and urged the Government to "look more closely" at whether more food could be produced domestically.... Daily Telegraph

[netcurtains] 22/8/2022 16:47

shoesize: With 18% inflation doesn't that mean 18% increase in profits without having to do much?

[shoesize19] 22/8/2022 16:44

Inflation could get to 18% next year.

As I said previously this UK society is going to hurt a lot.

Anyone that is hurting now ,just wait till next year and see what you feel like then .

[darrin1471] 22/8/2022 16:19

Despite Boo being shorted 7%+ they paid £5m+ for a 13% strategic investment in distressed make up company REVB who have fallen 90% since their admission to AIM in July 2021 and whose shares are likely to be suspended next week due to an audit delay.
Boo. Certainly not a boring share.

[debsdowner] 22/8/2022 15:36

netcurtains, I havent a clue about Felixsowe but assume MARKS have a load of stock in warehouses, but don't know how much fresh food comes through there.

I think the fall on MARKS has more to do with cost of living and the market in general BooHoo is now down 7% today some other stocks in retail also struggling.

diku, maybe some not in the know baven't a clue what to do.

[diku] 22/8/2022 14:39

Maybe some in the know know the news...

[skyship] 22/8/2022 14:29

Looks to me as though this might be headed on another leg down; esp. if closes below 130p.

[netcurtains] 22/8/2022 13:40

debsdowner: Will M&S be affected by the Felixstowe strike? Eg how much of their product comes into the UK via Felixstowe and of that amount how much can be switched over to another port?

[debsdowner] 22/8/2022 12:48

How things have turned around in retail. BooHoo stock spiked up rapidly and at one time the market cap multiples higher than MARKS and now BooHoo appears to be struggling and market cap about a quarter of MARKS. The online retailers grown too fast and are suffering badly now we face a recession.

[debsdowner] 22/8/2022 09:21

Most retailers down with market today BooHoo down 4%. Cost of living crisis and particularly energy concerning market as we approach end of summer. Liz Truss doesn't seem to have an answer the tax custs she proposes will not help struggling families apart from Nat INS but even those wom't make up for rapid rise in energy costs, the people not paying tax won't benefit.

MARKS now broken out on downside and could go down further will no trading update.

[netcurtains] 22/8/2022 08:29

Just right for Christmas market.

[johnwise] 22/8/2022 08:24

Marks and Spencer opens new Early Learning Centre expansion in Aberdeen

The new outlet is one of three opening in Scotland after products proved to be a hit with shoppers when launched online in 2020

[johnwise] 22/8/2022 08:23

Marks and Spencer opens new Early Learning Centre expansion in Aberdeen

The new outlet is one of three opening in Scotland after products proved to be a hit with shoppers when launched online in 2020

[netcurtains] 22/8/2022 07:31

Blckhorse23:
MKS has 9.4b assets and 6.5b liabilities making shareholder equity of 2.9b
The market cap of MKS is 2.5b.... (BELOW shareholder equity)
MKS also has £1b in cash
(note its cash pile has been growing for quite a while - accountants say that is a good sign)



Cheers Net.

[xxxxxy] 22/8/2022 07:01

AMAZON stopped. tim earnshaw40 MIN AGOMessage ActionsIt's a flawed concept.My local Amazon Fresh, on Upper Richmond Road, East Sheen, is only 50 yards from Waitrose. It's been open for about 6 months now and is pretty much empty all the time. Must be losing money hand over fist.There's no compelling reason to shop there, when Waitrose has a better choice and you don't have the faff of downloading yet another app.It'll be gone soon!REPLY 0FLAGRSrobert storey53 MIN AGOMessage ActionsAs many people point out Amazon is not the unstoppable force that it is made out to be. Why on earth were they were targeting a low margin ultra competitive business like food retailing? Total waste of shareholder funds. 

[blackhorse23] 21/8/2022 20:33

When they last paid dividend? How much their total debt at 2022?

[diku] 21/8/2022 20:00

And the bot don't go sick like have covid or require holidays...and they don't look at their mobiles at every opportunity...just usual servicing...