UBS cuts Marks & Spencer price target to 450 (465) pence - 'buy' |
Shorts closing now at 0.99% |
Popular Leeds store to close which is minutes from train station...
Marks are however going to open circa 100 new food halls. |
In my local store they've installed chilled cabinets to display all fruit and veg, it looks naff. I've heard a number of customers complain. You pay premium prices with MKS for quality and shopping experience. |
I concur with above report I see MKS gaining market share and less discounting, MKS will also benefit from third party tie ups. |
FRASERS GROUP cuts roles....
Seems lots of retailers cutting staff ahead of NI rise over concerns of extra costs and to retain as much profits as possible. |
Seems ASDA price war was part responsible for sell off recently
I would suggest holders hold your nerve ASDA isn't in a good place at the moment and this will only hurt ASDA in the end and they will not be able to retain the price cuts for long. |
If posters would like me to include shorttacker in header just under chart please let me know ? I will then consider dependant how many want this. |
Thanks freedom. |
This is the Short tracker site Quantas posted:
Not sure how long it takes them to update when companies close part or all of their shorts, I suppose it depends on how quickly the company reports that they have closed a percentage or all. |
QANTAS
Odey been let off lightly ! |
cc
QANTAS posted a link to a short about a week ago.
This needed to bounce from yesterdays fall hopefully this is support at this level.
At least 20% to 30% upside at least from here I would say. |
Are there any short positions in MKS?I did not think there were any |
Nice double bottom on charts hence the buying today. |
Shorts closing? |
Home|Fashion|Shopping
"Claudia Winkleman Just Wore My Dream Blazer—And I Can’t Believe It’s From M&S" |
I am not seeing any Supermarket price war my three local supermarkets are chasing profits with every day items have a price mark up of 10 per cent..
City snapshot: Supermarket shares take £4bn hit over Asda price war fears
The value of Tesco, Sainsbury’s, and Marks & Spencer has plummeted by more than £4bn since Friday amid fears that Asda will launch a vicious price war to win back customers |
Go sh it opened up! |
Debsdowner
Found this. |
A 4% fall today is concerning and could be the result of the short which QANTAS highlighted recently. |
Good chart support at 285p. |
Fenwicks has called in restructuring experts after 6 years of losses...
Doesn't look too good for Fenwicks they sold their flagship store in 2022 to bolster the balance sheet but still losing money.
Beales closed it's last store recently having tried to come back but failed.
Most of the family owned operations with multiple stores now exited the High Street |
FRASERS Group closes it's Kid's Wear stores....
Seems the standalone stores not paying with only 1 left open. |
Done for now by the look of it. |
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