Marks And Spencer Share Discussion Threads

[darrin1471] 24/7/2023 09:47

No it is the Ocado litigation settlement with AutoStore which has little to do with the Ocado retail in which M&S have a share

[pierre oreilly] 24/7/2023 08:19

Ocado rocketing, any gain for m&s due to that?

[xxxxxy] 23/7/2023 07:44

Ocado paid £200m after winning 'robot wars' against Norwegian rivalRetailer fights off claims of patent infringement over warehouse technologyByRiya Makwana22 July 2023 • 3:33pm...Daily Telegraph

[debsdowner] 22/7/2023 15:34

WILKO is seeking a potential sale of the controling interest as a possible fundraise to avoid a CVA..



Seems there has been some interest it would be a good tie up with B&M or even privately owned Home Bargains.

If B&M bought the group they could close some stores where they had more than two stores in the same location and therefore cut costs.

A tie up with B&M would make it quite a large company.

[philanderer] 21/7/2023 10:41

The Office for National Statistics said retail sales fell 1.0% annually in June, compared to a revised 2.3% decline in May. The market had been expecting a 1.5% fall, according to FXStreet-cited consensus.

From the previous month, sales rose 0.7% in June, picking up speed from a downwardly revised 0.1% rise in May. June’s reading topped market consensus, which had forecast a 0.2% rise.

It paints something of a mixed picture of the retail climate in the UK, with GfK’s survey data on Friday also pointing to a sudden decline in consumer confidence in June, amid relentless inflation and rising interest rates.

[dennisbergkamp] 21/7/2023 08:24

I totally disagree with the government on this but we all know referendums don’t work as there’s never any truth and zero accountability for being truthful, so it’ll just be one lie after another from both sides for us to then make a decision on

D

[xxxxxy] 21/7/2023 07:51

The government is riddled with nonsense, particularly environmental policy, leading the charge is Net Zero. That is why government on way out. It needs to offer an honest Referendum on Green Policy to have a democratic mandate from the people. They they know they would lose very heavily so won't offer.

[slimjim1] 20/7/2023 16:54

the new building looked great. Gove is useless, but won't be around much longer. They've built houses on so many fields and farmland around here, destroying trees and wildlife without a care (the 'GREEN' agenda!!!) but turn down this. Absurd

[xxxxxy] 20/7/2023 15:44

John Redwood@johnredwoodWith Russia blocking Ukraine grain and southern Europe short of water to grow fruit and vegetables we are being warned not to depend so much on imported food. Time to back farmers here to grow more so we help feed ourselves and the wider world.6:07 am · 20 Jul 2023

[philanderer] 20/7/2023 13:54

M&S refused permission to demolish and rebuild flagship Oxford Street store

[debsdowner] 20/7/2023 10:21

MARKS now well above the £2 mark and I have no doubt MKS will reach £2.50 soon.

A fall in imported inflation will help MKS profits and so will it's aditional third party or additional brands.

I suspect Jaeger is doing very well indeed.

[pierre oreilly] 19/7/2023 12:07

A quick look seems to show m&s currently about 86th mkt cap, so looks like it will go back in at the next reorganisation, assuming nothing drastic happens. A few house builders to be demoted imv (and strangely, jmat mkt cap is lower than m&s's).

[pierre oreilly] 19/7/2023 11:52

Many funds will have to buy and get a certain exposure if it moves into the 100.

How near are they to getting in? Made a decent slug when JMat did that a few years ago, nearest thing to a nobrainer you can get ..... IF they are close and look like they'll rise enough for entry.

Some funds will buy in advance if it looks likely which of course makes it more likely.

Not a normal ftse100 prospect, this is an M&S ftse100 prospect.

[ccsicemanandrew] 19/7/2023 09:29

Yea I am hoping it goes back into ftse100 as all the funds will then buy MKS

[debsdowner] 19/7/2023 08:44

cc, it looks like MKS will go back up to footsie 100 soon so £2.50 is my price target plus inflation now falling giving people more money to spend.

Good luck.

darrin, a dividend would also boost share price.

P O yes very apt. lol.

[pierre oreilly] 19/7/2023 08:31

This is not any retirement, this is m&s retirement.

[philanderer] 19/7/2023 00:52

Ocado admits disappointment in M&S venture as tensions rise

[xxxxxy] 18/7/2023 22:20

Xavier Taylor10 HRS AGOI suspect customers are conflicted about Ocado - they like a Ocado for not becoming politically active or delving in to gender ideology (as far as I know), where as M&S have alienated many customers with non-gendered changing rooms, using all black models etc....Daily Telegraph

[philanderer] 18/7/2023 14:44

Ocado sees ‘pathway’ to returning retail arm to profit amid pressure from M&S

[darrin1471] 18/7/2023 14:32

IMO It depends upon the size of the dividend whether you will be able to retire this year. MKS share price could be around that level when they announce.

[ccsicemanandrew] 18/7/2023 14:24

I don't know what research you have done to justify 2.50But if it does reach 2.50, I can retire

[debsdowner] 18/7/2023 13:24

Bang on my target I made a few months ago, but I also said if MARKS breaks £2 the next price target would be £2.50.

What I would say there is more chance MARKS reaching £2.50 than going back down to £1.50 and we would need a full marker crash to do that.

Some good news for retail is food inflation now falling.