Marks And Spencer Share Discussion Threads

[debsdowner] 08/1/2024 15:02

Looks like my £3 short term price target to be beaten by Thursday but all will depend now on OUTLOOK STATEMENT for longer term target.

[philanderer] 08/1/2024 14:14

300p in touching distance ;-)

[blackhorse23] 08/1/2024 08:44

Going to add some GNC today

[steeplejack] 08/1/2024 08:16

Update on Thursday (following Tesco and Sainsbury on Wednesday).With all the anticipatory press commentary,it's likely that good news could well be discounted by Thursday.As always,it'll be the forward looking statement that preoccupies the market.The food stores remain the jewel in the crown but the clothing stores appear to have achieved an exceptional balance of value and quality in its merchandising.Remains an excellent long term hold,especially in these nervy markets.

[johnwise] 08/1/2024 07:46

Marks & Spencer is crowned king after High Street food fight

Marks & Spencer shares have more than doubled in the past 12 months

Grocery sales were up 14.2% year-on-year in the four weeks to Christmas Eve

[philanderer] 07/1/2024 14:10

‘Remarksable’: M&S set to be bright spark of festive retail season amid discount war

[makinbuks] 07/1/2024 12:47

debs, I agree with you. I'm nursing a very long term loss from around that price. I think it was 2003 I was a t a pension pitch from Artemis and the star fund manager had Marks as one of his quality holds and was looking for £4! My memory could be faulty there

[eeza] 07/1/2024 12:09

Mamas & Papas plans to open up to ten more concessions in Next and Marks & Spencer stores as the nursery and baby clothing retailer ramps up expansion plans.

[eeza] 07/1/2024 12:03

The outlook statement will be all important for further share price progression, imo.

[debsdowner] 07/1/2024 11:49

Makinbucks,

I happen to think MKS is worth in excess of £3.50 on MKS sales growth.

[makinbuks] 07/1/2024 09:26

All seems consistent with the CEO message to staff that M & S had the best Xmas ever. The question now is how much is baked into the price at this level. Buy the rumour and sell the news may apply short term

[darrin1471] 07/1/2024 09:15

From above link:
"according to unpublished data from retail experts Kantar seen by the Mail on Sunday and analysed by a leading City investment firm."
"This shows that in the crucial four weeks to Christmas Eve, grocery sales at M&S leapt by 14.2 per cent compared with the same period the previous year"
"Aldi and Lidl, which between them notched up a 14.1 per cent increase" (Aldi + Lidl)

" Other winners included Sainsbury's – where sales were 9.5 per cent higher – and budget retailer B&M, up 7.4 per cent over the same period. They were the only other retailers to outperform the average market growth of 7.1 per cent"

"The worst performer was Ocado, where sales grew by a mere 0.5 per cent. The online retailer has a joint venture with M&S."

"Kantar figures seen by The Mail on Sunday make grim reading for Morrisons and Asda."

[eeza] 07/1/2024 09:10

From the TIM link above.


"according to unpublished data from retail experts Kantar seen by the Mail on Sunday and analysed by a leading City investment firm.
This shows that in the crucial four weeks to Christmas Eve, grocery sales at M&S leapt by 14.2 per cent compared with the same period the previous year.
That was slightly more than the combined growth of the German-owned discounters Aldi and Lidl, which between them notched up a 14.1 per cent increase."

And

"Analysts at investment bank Jefferies say results from M&S will 'reflect its renewed strength'.

They expect double-digit percentage sales growth in the three months to December – fuelled by food, its biggest business – with M&S on track to post full-year profits of £705 million, versus £482 million in the previous year."

[philanderer] 07/1/2024 00:20

Marks & Spencer is crowned king after High Street food fight

[debsdowner] 06/1/2024 23:06

Marks & Spencer Crowned King after High St food fight



More upgrades to come !

[gswredland] 05/1/2024 15:53

Agree dave

[grahamytrain] 05/1/2024 11:30

You’re the king of wishful thinking….

[blackhorse23] 05/1/2024 11:05

https://www.investorschronicle.co.uk/news/2023/11/28/greencore-boosted-by-return-of-office-workers/

[blackhorse23] 05/1/2024 11:05

Added GNC , main. Food supplier for MKS

[philanderer] 05/1/2024 10:38

Jefferies raises Marks & Spencer price target to 310 (180) pence - 'hold'

[bigbigdave] 05/1/2024 09:57

Reckon some mega broker upgrades after next Thursday

[makinbuks] 05/1/2024 09:47

That's lazy as well. I picture the boss sticking his head out the door of his office and shouting at the analyst, "hey you've got hold for M&S at 180, the markets at 280 whats your view?" Ah OK boss I'll make it 310, should hold for a few days at least

[bigbigdave] 05/1/2024 07:03

*JEFFERIES RAISES MARKS & SPENCER PRICE TARGET TO 310 (180) PENCE - 'HOLD'

[debsdowner] 04/1/2024 21:43

NEXT should be making a billion pre tax within the next 5 years..