Marks And Spencer Share Discussion Threads

[1mikejay] 17/11/2023 10:15

Worth a readhttps://www.google.com/url?q=https://www.sharesmagazine.co.uk/article/here-is-why-marks-spencer-is-finally-a-thrilling-investment&sa=U&sqi=2&ved=2ahUKEwjp1Ome5sqCAxU3SaQEHWaTD-4Q0PADKAB6BAgXEAE&usg=AOvVaw1Jrhg6KZNd5TkCe_sxPZ8S

[xxxxxy] 17/11/2023 08:52

But what really is causing problem is money wasted on Net Zero Nonsense.The People's money slung away on Green Religion.

[xxxxxy] 17/11/2023 08:50

Britain's retailers suffered another weak month in October, official figures showed, in a sign that high interest rates are hurting the economy even in the run-up to Christmas.Retail sales volumes fell by 0.3pc in the month to September to their lowest level since February 2021, according to the Office for National Statistics (ONS).The drop was far more than analysts expectations of a 0.4pc gain and comes after retail sales were revised down for September to a drop of 1.1pc. Over the three-month period from August to October, sales volumes also fell by 1.1pc.Alex Kerr, assistant economist at consultancy Capital Economics, said the data "suggests higher interest rates are taking a bigger toll on real consumer spending". It comes amid hopes that the Bank of England might begin cutting interest rates early next year after separate data from the ONS showed the UK economy flatlined in the third quarter, while inflation fell in October to 4.6pc... Daily Telegraph

[philanderer] 16/11/2023 12:32

xd today for the 1p dividend .

[debsdowner] 16/11/2023 12:28

MARKS holding well after quite a number of upgrades but caution still in the wind as Burbery warns on sales, B&m also weak...

Sharecast:

"Burberry tumbled as it warned that the slowdown in luxury demand was having an impact on current trading and could affect full-year sales. It also reported a huge deceleration in sales growth in the first half."

"Discount retailer B&M European Value Retail was weaker as JPMorgan (NYSE:JPM) reiterated its ‘underweight’ rating on the shares."

[philanderer] 16/11/2023 11:27

Goldman Sachs raises Marks & Spencer to 'buy' (neutral) - price target 330 (255) pence

[bigbigdave] 16/11/2023 07:10

Yet another raise
GOLDMAN RAISES MARKS & SPENCER TO 'BUY' (NEUTRAL) - PRICE TARGET 330 (255) PENCE

[bigbigdave] 15/11/2023 08:32

Major breakout beyond the February 2022 highs looming.

[bigbigdave] 14/11/2023 17:59

Another upgrade
RBC RAISES MARKS & SPENCER PRICE TARGET TO 275 (250) PENCE - 'SECTOR PERFORM'

[debsdowner] 14/11/2023 16:18

PO goodluck however I would have waited to after January trading update I think there is more to come short term.

"Inside M&S tonight on ITV" 10.45-11.45.

[bigbigdave] 14/11/2023 11:30

Another upgrade
RBC RAISES MARKS & SPENCER PRICE TARGET TO 275 (250) PENCE - 'SECTOR PERFORM'

[ccsicemanandrew] 13/11/2023 12:07

They are always behind the curve.Tomorrow's papers will say broker says buy and shares went up 3p. As if it was the broker recommendation that caused the rise)

[bigbigdave] 13/11/2023 11:06

BOFA RAISES MARKS & SPENCER PRICE TARGET TO 330 (300) PENCE - 'BUY'

[bigbigdave] 13/11/2023 11:01

BOFA RAISES MARKS & SPENCER PRICE TARGET TO 330 (300) PENCE - 'BUY'

[bigbigdave] 13/11/2023 10:57

BOFA RAISES MARKS & SPENCER PRICE TARGET TO 330 (300) PENCE - 'BUY'

[pierre oreilly] 13/11/2023 10:55

Today I decided enough is enough. M&S was my first substantial sell since I sold Carnival 3 years ago. Something exceptional has to happen for me to move out of any share, and here it was the substantial (deserved) rise over the last year. I'll revisit in 6 months - all things look good to me here, but there has to come a stage when cash is taken out. I'll put some into llpc, which is a bond giving a safe 6/7/8% income - divi income is what I live off, and atm, it's pretty easy getting an extra 8k tax free income from the sale proceeds. The rest of the cash will sit earning 0% in my isa while I decide where it goes, which previously has taken me months, but should be easier this time.

[xxxxxy] 13/11/2023 08:57

The boss of Majestic Wine has vowed to double down on Britain's high streets as he revealed plans to open dozens of new stores.John Colley, chief executive of Majestic, has said brick-and-mortar outlets will remain "sacrosanct" at the company while he is at the helm.  ...Daily Telegraph

[johnwise] 13/11/2023 04:05

Marks and Spencer confirms exact opening date for Trafford Centre 'mega store'


"Whether you’re looking for a big family food shop, the latest Autumn/Winter styles from our Clothing, Home & Beauty departments, or a mid-shop pit stop in our amazing new M&S Café – we’ve got you covered."

Marks and Spencer has today announced the opening date for its massive new store in the Trafford Centre. The retailer has been feverishly transforming the site of the former Debenhams store over the past couple of months and will open to customers for the first time on November 30.

Shoppers can expect to enjoy 'spacious and stylish' new clothing, home and beauty departments as well as a new-look marketplace-feel M&S Foodhall, set across a 98,000 sq ft commercial space. Customers can also expect a 138-seat M&S café, which has been described as having a 'an award-winning new design' by the retailer.

In September, bosses announced that more than 180 news jobs were being created in readiness for the new Regent Crescent store launch. Staff at the existing M&S inside the shopping mall will transfer over to the huge new site, but the jobs announced were in addition to those existing roles.

[bigbigdave] 12/11/2023 16:00

No, he's alive and kicking!

[debsdowner] 12/11/2023 15:56

bigbigdave, thanks for that I wondered where he had gone, I thought he may have passed away.

[bountyhunter] 12/11/2023 14:28

Non-exec purchased 50,000@GBP2.47 on 8/11.

[bigbigdave] 12/11/2023 12:14

Brokers all behind the curve here after blockbuster numbers, reckon some nice upgrades to come in the next few weeks.