Marks And Spencer Share Discussion Threads

[netcurtains] 10/11/2022 10:17

Debs: No where else sells Percy pigs or colin the caterpillar.

This might go to 70p again but it almost certainly will be £2 again.
Who cares about short-term swings? You have to stick with your beliefs otherwise you'll lose your shirt in the stock market.

In its market segment I really dont think M&S has any real competition. Its shops are busy. It makes a profit.

Its expanding on the internet.

Its all good.

[debsdowner] 10/11/2022 10:09

EE I think MARKS won't go under but that in itself is no consolation to those who bought running up to results, but I did warn it was a risk buying pre results and shoesize warned even more.

shoesize target was sub 70p and we amy see that if cost of living gets worse. Some customers will migrate.

[netcurtains] 10/11/2022 10:08

It will go up again shortly once the old dears stop panicking.

[essentialinvestor] 10/11/2022 10:00

Debs, I hope MKS thrive longer term as it's a British company paying tax in
the UK, as well as providing employment.

They have a huge job on their hands reconfiguring their retail estate over the
next few years, coupled with a pretty brutal retail environment.

[shoesize19] 10/11/2022 09:53

Correct its not looking good here .BBC news has plenty to say today .oh dear
Its going down again .
Some new buyers will be down already .

Oh Well its only money losses,

[debsdowner] 10/11/2022 09:41

CC and EE you are both right, the market was looking for both a divi and also healthy trading to be con tinued, so analysts and media rip them to pieces.

Shoesize maintained a sell here and I warned what would happen if there was any negativity and the maeket sells them down.

All those people who had bought in well and truly shafted and I warned that might be the case.

For all we know trading could get much worse from hee and customers migrate.

But for MARKS doing "essentials" which are at slim margins many more customers would have migrated.

Sell this could fall below a quid again and all those who didn't listen to shoesize appologise.

[essentialinvestor] 10/11/2022 08:26

MKS have not committed to paying a FY '23 dividend, instead saying the decision
will be taken later in the financial year - personally would not expect one.

[shoesize19] 10/11/2022 08:20

babycheeky .

You sad sad creepy troll .

Even your other posting on other BBs show you are a troll

Hope debsdowner is on to you .

What you are doing is harassment .

[cumnor] 09/11/2022 23:06

Bought today-decent update, given the circumstances. Solid customer base and all companies playing down prospects at the mo, with the woke demanding a windfall tax on everything. Good divi 2023.

[essentialinvestor] 09/11/2022 22:54

Looks like big cuts to FY '23 pre tax consensus following the H1.

[creditcrunchies] 09/11/2022 21:41

They gave the analysts too much ammo to get ripped apart on the one hand they talk up a dividend all of this year to decide no dividend. They laud themselves about how they delivered profits, they've turned around with a strong season to come to boost profits then say 2024 will be very tough trading without a plan to maintain strong profits. Absolutely insane strategy they've had 3 years paying no dividend whilst every other food retailer still pay out large dividends. It's a PR disaster. They can still only muster a medium term turnaround strategy. I knew the analysts were going to rip them apart now all brokers have downgraded them They're a sitting duck for a takeover now.

[ccsicemanandrew] 09/11/2022 16:43

I've bought today and hoping for a small bounce back tomorrow which will cover Christmas :-) If they fall it's just doubled the price of a Christmas :-(

[debsdowner] 09/11/2022 16:33

Motley Fool says thee are too many risks for MARKS right now as profits are expected to fall in 23/4



TMF raise doubts MARKS will pay a divi at year end and there are other divi stocks around at the moment one being Sainsburys for starters.

[darrin1471] 09/11/2022 16:28

Lazy journalism.
We would do well to remember that when we read other articles.

[debsdowner] 09/11/2022 16:26

Peel Hunt slashes price target of £1.70p to £1.50 may hold back share price. Proactive:


Marks and Spencer downgraded as 'headwinds' too strong to ignore, says broker
Rising wages, increased energy costs and currency issues are all causes for concern

M&S

Marks and Spencer’s warning of tougher market conditions has prompted broker Peel Hunt to slash its target price by 55p to 120p and cut its rating to add from buy.

Underlying interim profits of £205mln were lower than expected and “the looming sector headwinds are too much to push back” said the broker adding that the real pain will be felt next year, it adds.

Rising wages, increased energy costs and currency issues are all causes for concern and its forecast for March 2024’s profits has dropped to £310mln from £400mln.

Sales growth in clothing and home was 4% and food 3% and Peel Hunt believes M&S’s plan “is absolutely the correct strategy” with the supermarket giant keeping prices low for food allowing protection of key products and maintaining the ReMarksable brand.

However, the cost of this strategy for the London-based company is a 1.1% decrease in gross margin.

[debsdowner] 09/11/2022 16:17

The Guardian focuses on more negatives and fails to mention some of their new stores paying for themselves in 2 years:



The media can cause a lot of damage as they can put investors off a company when there is a turnaround in the business.

[debsdowner] 09/11/2022 15:50

JW if you scrutinise the results there is a "lot to cheer" they have said some of their shops they have opened they have paid for themselves within 2 years and not many retailers can say that !

Unfortunately for MARKS all retail is out of favour and as the cost of living bites things could get tougher than MARKS thinks so that is holding the price back.

However for those investors that want to wait and risk some small downside in choppy footsie they shares will probably bounce back later on.

[diku] 09/11/2022 15:19

Ocado was jam tomorrow...a disguised deal...

[essentialinvestor] 09/11/2022 14:40

Phil, the Ocado JV currently contributing zilch on pre tax is a shocker.

Consider the extra shares issued and equity dilution to fund the JV ..
for what.

Besides this there are some brighter spots.

[philanderer] 09/11/2022 14:26

But.....


There is much to cheer at M&S as its long-promised turnaround begins to bear fruit

Sky's Ian King writes that while pressures outside of its control are intensifying, the business has finally achieved much in its efforts to become a more attractive, modern, and leaner machine.

[philanderer] 09/11/2022 14:23

'M&S warns of 'gathering storm' as shoppers squeezed'

[johnwise] 09/11/2022 14:07

There is much to cheer at M&S as its long-promised turnaround begins to bear fruit

Sky's Ian King writes that while pressures outside of its control are intensifying, the business has finally achieved much in its efforts to become a more attractive, modern, and leaner, machine.

[debsdowner] 09/11/2022 13:03

BBC update:

[qantas] 09/11/2022 12:52

Food and clothing retailer Marks & Spencer fell after saying it expected a material contraction in demand over the next 18 months as it reported a drop in interim profit, but backed its customers to be more resilient than market assumptions.

Please do your own research as always

[debsdowner] 09/11/2022 11:05

scof12, I concur with your view no dividend is what is holding the share price back, previoulsy the company siad a divi could be brought forward and the company waiting to see how the second half performs dissapointed the market.