Marks And Spencer Share Discussion Threads

[ccsicemanandrew] 18/4/2023 15:03

A few months ago it was in papers that if price could push past 170 it would rise further.IMO a tricky few days watching what might happen. Fingers crossed for it to push pas 170. (Not that I cross my fingers as an investment strategy)

[darrin1471] 18/4/2023 13:32

MKS touched year high of 170p today.
+17% on the month
+34% YTD
+ 64% on 6 months

[darrin1471] 18/4/2023 07:36

MKS have talked about moving their head office out of London. How about a site in Bracknell where Waitrose have their head office as a sweetener for the JL partnership.
I would also like to see an option to buy the remaining 50% of Ocado retail in place prior to any Waitrose deal as Ocado retail would be worth a lot more if MKS and Waitrose combined.
A very big IF but fun to speculate.

[pdosullivan] 17/4/2023 22:40

If (and this is a big if) John Lewis was ever open to a sale, the synergies from a MKS purchase of Waitrose would be amazing from both the purchasing and distribution sides.

[qantas] 17/4/2023 22:31

Please do your own research as always

[debsdowner] 16/4/2023 21:40

darrin,

However if JL trading doesn't pick up and they have to demutulise which is an outside bet MARKS could do some kind of tie up.

Too late for JL to buy MARKS now the share price has picked up.

[xxxxxy] 16/4/2023 13:45

Cool Hand1 HR AGOMessage ActionsI don't buy this at all. Our supermarket sector is pretty competitive on the whole, hugely efficient and with quite skinny margins. We pay noticeably less for our food than many many other countries.If someone can find evidence of collusion (doubtful) then than would be one thing, but if one of them keeps prices higher than needed their competitors will step in to grab market share in very short order.Capitalism, innit ?REPLY2 REPLIES 4FLAGBIBernard Ideson1 HR AGOReply to Cool HandMessage ActionsI feed some ponies up the road. with carrots. Recently I have been getting 1kg bags on special offer at 19p a kg.Imagine growing, harvesting, washing, bagging, transporting and selling those carrots for 19p. In my case they are also delivered by Ocado on behalf of Morrisons as well.If you buy Champagne the value might be different.REPLY 6FLAGCHCool Hand1 HR AGOReply to Cool HandMessage ActionsCompletely agree, I am constantly astonished at how cheaply it is possible to get food onto our plates..... Daily Telegraph

[xxxxxy] 16/4/2023 13:37

Supermarkets have no excuse for rocketing food pricesEverything is falling but the price at the tillsLIAM HALLIGAN.... Full article.... Daily Telegraph

[darrin1471] 16/4/2023 12:07

If JL changed leadership and was still struggling in 3 years, how about MKS buying Waitrose. Combined food sales would be less than Sainsburys and similar to Aldi so it may get past the regulators. Regulators may not like the fact that the combined group dominate the upper segment of the supermarket market but may be persuaded if the proceeds allow the remaining part of JL to remain mutual and gives them the funds to survive and invest.
There would be a lot of synergies but could be seen as a cap on MKS growth as they had taken out the competition.

[debsdowner] 15/4/2023 15:23

John Lewis tom expan it's kids range..



JL not finished hyet it has an excellent brand immage.

Superdry struggling:

[debsdowner] 15/4/2023 15:14

bigdave,

Interesting article this is the link



Strange this wasn't leaked at the time which must have been over 2 years ago possibly more.

There would have been too many problems with JL being a mutual however and that was what was realized hence not taken forward.

It would have been a good thing to buy MARKS when the share price collapsed but getting further finance would have been difficult. Too late now however unless JL demultilise and then put themelves up for sale and MARKS buy JL ?

It just shows how had things have become for JL.

[xxxxxy] 15/4/2023 07:50

John Redwood@johnredwoodNews today of farmers destroying more UK apple orchards. Why doesn't DEFRA help growers instead of promoting wilding of food growing land?7:15 am · 15 Apr 2023

[xxxxxy] 15/4/2023 07:48

American shoppers are being offered "woke alert" text warnings about products pushing a perceived Left-wing agenda, as part of a conservative backlash to Bud Light's partnership with a trans influencer. The text notification system is being set up by conservative advocacy group Consumers' Research in response to widespread Right-wing anger over the light beer brand's partnership with  Dylan Mulvaney a TikTok personality.The controversy has become the latest battle in the culture wars dividing the US, amid fierce debate over trans rights and corporate America's role in political activism.The service, "Woke Alerts", will launch next week to combat what it called "woke capitalism" by informing shoppers when a major company might be pushing a liberal agenda....Daily Telegraph

[bigbigdave] 15/4/2023 07:45

Dame Sharon White, chairwoman of the John Lewis Partnership, brought in bankers to advise on a possible merger with Marks & Spencer when she joined the company.

White has come under fire in recent weeks after it was revealed that she had been considering plans to demutualise the business in order to raise more than £2 billion for investment — but that was not the first option she explored to raise funds. Back in 2020, when she joined, White drafted in advisers to explore merger and acquisition options with M&S, the high street rival.

Investment bankers from JP Morgan alongside Simon Robey, co-founder of Robey Warshaw, the boutique investment bank, are understood to have been instructed by White to offer counsel on strategic options to help to develop the business, including whether the partnership could purchase M&S.

When warned that it could not do so without compromising its mutual status, other options examined included merging the retailers’ food businesses and spinning off their general merchandise units, both of which were struggling at the time, according to a senior source.

“She believed putting the food businesses together looked very attractive at the time as both were performing exceptionally well,” the source said.

Conversations are understood to have taken place around the time Ocado broke off its long-term relationship with Waitrose and began its £750 million joint venture with M&S.

The ideas were quickly dismissed when it was realised the plan could work only if a listed vehicle such as M&S bought the John Lewis Partnership, which would have gone against a constitutional mandate to maintain its “distinct character”. It is understood plans were not put to M&S.

Last month, The Sunday Times revealed White was considering changing the employee-owned business’s structure to raise external investment. The plan would involve selling a minority stake in the business, which would require a change to its constitution.

The John Lewis Partnership declined to comment.

[debsdowner] 13/4/2023 10:26

BBC Tesco profits halve...



BBC take a different view on profits.

[debsdowner] 13/4/2023 08:54

TESCO profit down almost 7%, hit by inflation as it competes with ALDI & LIDL..

[blackhorse23] 13/4/2023 08:43

Switched to GNC

[bigbigdave] 12/4/2023 09:50

thanks :o)

[richtea2517] 12/4/2023 07:26

https://open.spotify.com/episode/1Vx5Wax7xmQQg87ODGo7TL?si=i7F-RlskTFKhQ2TQ2ONTJg&dd=1

[bigbigdave] 12/4/2023 06:33

Got a link Richtea?

[richtea2517] 11/4/2023 20:51

Incidentally a good podcast with Ian Vance (Merryn talks money)of Templebar IT - Very bullish on MKS and well worth a listen. Speaks of intrinsic value of business around £3.

[richtea2517] 11/4/2023 20:48

Back in here Looks strong

[darrin1471] 11/4/2023 13:07

Poundstretcher eyes stock market float

hxxps://www.retailgazette.co.uk/blog/2023/04/poundstretcher-eyes-stock-market-float/

If they IPO I would recommend any potential investor asking, in 40 years of trading, how many years have they been profitable? I would bet it would be less than 10. How many different owners and how many times have they been refinanced. Then watch the fly on the wall documentary "Saving Poundstretcher".

[johnwise] 11/4/2023 12:11

Marks and Spencer Group Plc with ticker (LON:MKS) now has a potential upside of 6.3% according to Citigroup.