Marks And Spencer Share Discussion Threads

[1mikejay] 19/2/2024 07:47

Agree still cheap though

[debsdowner] 18/2/2024 13:55

Currys rejects takeover offer..





Offer is clearly undervalued Currys agrred to sell on of it's operations for £175 million in November.

It's a good job Marks has rebounded following reorganisation as company was undervalued by a wide margin over a year ago and it could have meant a predator tried to buy Marks on the cheap.

[philanderer] 16/2/2024 12:46

or not ;-)


UK retail sales rebounded sharply in January, official data showed on Friday, reversing December’s slide.

According to the Office for National Statistics, retail sales volumes rose by 3.4% last month, following a downwardly-revised fall of 3.3% in December.

It was the largest monthly rise since April 2021, and comfortably above analyst forecasts for a 1.5% increase.

Both food and non-food sales strengthened. Food store sales volumes jumped 3.4% over the month, or by 0.6% over the year, recovering from December’s record 3.1% slide.

Non-food store sales rose 3%, in contrast to December’s 3.9% fall.


Sharecast.com

[pierre oreilly] 16/2/2024 09:17

Jee, 25 ackers for a pre prepared meal? I know m&s do the best preprepared stuff, but £25? I wouldn't pay that - there's simply a limit to how good a preprepared meal can get.

[eeza] 16/2/2024 07:47

Retail sales rebound 0.7% in Jan, surprise to the upside.

[philanderer] 15/2/2024 15:42

Uptrend broken.

Customers leaving / trading down maybe ?

[blackhorse23] 15/2/2024 12:56

https://www.londonstockexchange.com/news-article/GNC/director-pdmr-shareholding/16333680

[philanderer] 15/2/2024 00:26

Uptrend just about intact.


'M&S teams up with Puma and Reebok as it looks to expand its offering of outside brands'

[eeza] 13/2/2024 19:38

Nice to see someone have a good result for their prudence.

[teasy1] 13/2/2024 19:19

darrin1471 - I just have this last 3 year SAYE that ended in January. I tend to pick the ones I think will be as beneficial as possible and put as much in as I possibly can over that period. Then I wait again for the best time to do another. This time the offer was for 82p per share so I knew I had to make sure I was heavily invested in it. I suppose i'm being greedy being disappointed at the drop to 2.30 considering what I paid, but the recent spike to 2.90 maybe got me a bit carried away.. Good advice though and I agree. I'm still planning to sell a minority amount very soon to pay off any interest bearing debts and then wait on the rest for the best time to sell.

I've transferred half my shares direct into a ISA (tax free in the first 90 days with a SAYE). The rest will transfer in April when my ISA allowance renews and, since its still within 90 days of maturity, also be tax free.

Thanks for all the advice and here's hoping it goes up again.

[darrin1471] 13/2/2024 18:11

teasy1, The fall is probably due to the wider markets, especially retail, and a breather after a 14 month rally. Staff selling is likely to be adding to the recent trend in a small way.
I assume you will also have a SAYE maturing next year and the year after also.
SAYE schemes are often fantastic and well worth investing in. However you could end up with 3-5 years SAYE savings in a single share which may be a concentrated risk.
When one years SAYE matures it may be wise to sell to diversify, start an isa or pay off a sum from your mortgage.
Rather than selling in a single trade, you could spread the sales over 12 months by selling 1/12th every month or 1/6th every 2 months etc. This will give you an average selling price over the year. This is especially attractive if you have another SAYE maturing next year and the following year.
I do not know the tax status of selling shares earnt in an SAYE scheme. I assume you will have to pay Capital Gains Tax CGT. If you are going to have to pay CGT then make sure you use your 2023/4 allowance of £6000 before April as next year the CGT allowance falls to £3000.
This is not advice and you need to do your own research or get professional advice.

[teasy1] 13/2/2024 15:25

darrin1471

I considered that the recent staff SAYE maturity (I just received mine yesterday) could be part of the price drop. But being an extreme novice I had no idea if this was a warranted consideration. Good to hear it could be part of the issue and that the price may stabilise once the early sellers are finished. I certainly hope it stabilises anyway. I'd like to pay my mortgage off.

[darrin1471] 13/2/2024 14:46

teasy1, staff shares?
A large number of staff selling shares can add to the downward pressure.
Has the M&S story changed since the share price was £2.90. I would say not. I do not currently hold but I may be a buyer at 220/225p

[teasy1] 13/2/2024 14:22

How low can M&S go? Seems only yesterday they were sitting around £2.90. Just received my shares and was hoping to cash some of them but now I'm stuck wondering if I should wait for a possible rise. Or if they'll go even lower..

[johnwise] 13/2/2024 12:32

I tried M&S' £25 Valentine's meal deal - they've truly outdone themselves with one dish'

Marks and Spencer's Dine In for two meals are iconic, but could they pull out all the stops to make Valentine's Day special?

Mirror writer Danielle Kate Wroe tried it with her partner, and they were seriously impressed

[blackhorse23] 13/2/2024 10:58

GNC looks good value who is the food manufacturer & supplier for MKS

[philanderer] 13/2/2024 00:32

How the battle over M&S Marble Arch became a flashpoint for Gove’s planning policy

High Court hearing on the redevelopment row could have long-term impact for retailers

[johnwise] 11/2/2024 18:54

VIDEO

FARMER PROTESTS SPREAD: Desperate Farmers Protest Against New Laws That Will Bankrupt Them.. UN AGENDA 30

Lena Petrova,



Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore

[johnwise] 11/2/2024 10:14

Marks and Spencer shoppers love £45 boots that look similar to £160 Selfridges pair

Perfect for wearing with jeans, dresses, skirts and leggings, one shopper said they made her "feel a million dollars"

[debsdowner] 09/2/2024 20:01

John Lewis does a sale and lease back on 11 stores raising £125 million



Inflation linked rents and another desperate attempt to raise money imo.

[debsdowner] 09/2/2024 16:43

Problems at John Lewis workers may "walk out" on job cuts:

[richtea2517] 08/2/2024 12:56

Might be tempted to jump back in soonn

[debsdowner] 08/2/2024 12:29

QANTAS

I watched the documentary last night and it placed MARKS in a good light.

Market cap a long way off the attempted bid a way back now by Philip Green of 9 billion !