Marks And Spencer Share Discussion Threads

[tigerbell] 18/5/2011 08:11

e-boffin not sure what sort of a trader you are, but from a chartist point of you, this company is showing signs of going down, as its at the top of its price chart for this time and looks ready to dip down again, imo.

[e-boffin] 18/5/2011 08:03

Opened up this morning.Looking perky.

[druinsky] 12/5/2011 08:56

can see this baby at 460p

[gruss] 11/5/2011 11:47

Good to see recommended by one of the heavy weights but these brokers are a fickle lot. After all if we had take notice of them a little while ago we would have sold out.

Beware of the prophets of doom. They are normally shorters with their own little agenda.

Talking about shorters my best to Nickward.

[artnouveau] 11/5/2011 11:41

Sainsbury results smashed expectations too.

Also Mr King (Sainsbury's chief exec) said...

Mr King denied that Sainsbury's expansion of non-food products was targeting Tesco, the UK's biggest retailer.

But he told the BBC: "Non-food will be a key area of growth for many years to come."


Interesting times.

[broadwood] 11/5/2011 10:22

FLASH: Marks & Spencer upgraded to overweight from underweight at JP Morgan, TP 460p

[gruss] 11/5/2011 09:49

I note the good rise today was due to a major brokers upgrade to £4.60. Very pleased I am still holding from £2.00.

[gruss] 04/5/2011 17:36

Talk about being burnt at the stake.

[artnouveau] 04/5/2011 16:44

Quite a funny summing up in this evening's Standard... ;)

[gruss] 04/5/2011 11:32

If we remain in a bull period then anything is possible and would be delighted if they reached your target figure.

[isis] 04/5/2011 11:16

I will keep these until 700p - that should be within 2 years I hope.

[gruss] 04/5/2011 11:13

Still keeping mine bought at £2.00 for divi and may trade the rest. To think I nearly lost my nerve a little while ago with the shorters like Nickward preaching doom and gloom.

The lesson to be learnt is never take notice of what people put on bb. Most of them have their own hidden agenda.

[artnouveau] 04/5/2011 11:00

Just sold a third of my holding for a 15% profit. Will keep the rest for possible further rises and divi's in July and Christmas.

ArtN

[tuco 1] 04/5/2011 10:49

What was the name of that poor muppet who was short these ?
Ouch !


Tuco.

[isis] 04/5/2011 07:20

Next plc

INTERIM MANAGEMENT STATEMENT

SALES FOR THE 13 WEEKS TO 30 APRIL 2011
Sales (VAT exclusive) for the 13 week period to 30 April 2011 were:

Retail total
+ 0.9%
Directory total
+14.8%
NEXT Brand total
+5.2%
Of which net sales from new space + 2.1%

Next Brand sales (VAT ex) in the first quarter were up 5.2%. This was significantly better than expected and compares to guidance for the half year given in March of between -0.5% and +2.5%.

We estimate that at least 2.5% of the over-performance came as a result of exceptionally warm weather over Easter and spending in anticipation of the Royal Wedding Bank Holiday. We believe these factors have encouraged consumers to bring forward summer purchases and we do not expect the current levels of growth to continue into the second quarter. We now expect total Next Brand sales for the first half to be in the range +1.5% to +4%.

In Retail the improved sales were also as a result of better ranges and improved stock availability on best-selling lines, particularly in our Womenswear division. Directory sales have been very strong driven by improved delivery service, more aggressive marketing and better stock availability.

Gross margins and costs remain well controlled and in line with internal budgets.

[isis] 01/5/2011 09:21

Marks & Spencer gets set to go Dutch
By Laura Chesters
Sunday, 1 May 2011
Marks & Spencer is looking to the Netherlands for the next step in its European expansion plan.

The FTSE 100 retailer's property team has been looking at cities including Rotterdam and The Hague. Marc Bolland (above), the chief executive of Marks & Spencer, is from the Netherlands, and moved to the UK in 2006 when he joined Morrisons, the supermarket chain.

If a store is secured in the Netherlands the expansion will run alongside the high street retailer's plans in France.

Last month M&S confirmed it is to return to Paris after a 10-year break. Its first French store will be a 15,000sqft womenswear and food store on the Champs Elysées. This is due to open by the end of the year.

M&S's Paris plans a multichannel "bricks and clicks" assault into France, with shops and an online presence. Between three and five company-owned full-line stores will be opened in Paris, plus Simply Food stores operated by franchise partner SSP.

The new French-language website will sell a full range of womenswear and lingerie, menswear, childrenswear and homeware – all priced in euros and with local delivery prices. M&S said independent research in November last year found that 70 per cent of 750 French consumers surveyed are aware of the brand.

M&S shares closed at 388p ahead of the bank holiday on Thursday, down 0.77 per cent on start of day's trading. This values the company at more than £6bn.

[robertfaulkner] 28/4/2011 07:36

Let's hope it can charge through 400p, that would really show strength.

Pity about the weather going back to normal, but now shoppers will have to start buying roasts again. So good for MKS

[artnouveau] 27/4/2011 11:37

Knocking on the door of £3.90 for the first time in a while.

ArtN

[gruss] 24/4/2011 13:12

Robert.

I just hope Nickward is not reading this thread. Enough to make a shorter go long.

[robertfaulkner] 24/4/2011 07:55

Ann Summers has had loads of free national publicity, what more could they want, a cynic would think A S designed the ad just to get the free publicity.

Good publicity for M & S as well.

All the M & S's I pass all seem full of shoppers and many tills open in food departments

[gruss] 21/4/2011 13:19

Enough to put one of of ones MKS sandwiches. lol

[isis] 19/4/2011 15:33

I think they are aiming way too low there. imo

But I also expect the FTSE to hit around 7500ish in the next two years too, so I am expecting new highs on the markets.

Perhaps difficult to see now but this is a new Bull as far as I am concerned.

[gruss] 19/4/2011 15:21

I bought in at £2.00 and £3.82 and very happy to hold. The ones bought at £3.82 went as low as your entry point and I suppose should have been sold when they had dropped by 10% but I bought for the long term and happy to get the dividend.

QUOTE.


Citigroup says given its view that circa 80 percent of the M&S Womenswear customer base is over 45 years old, and circa 66 percent are over 55, the combination of a shift in employment trends, and the prospect of rising UK interest base rates disproportionately benefiting the older consumer, leads it to raise its 2011-12 General Merchandise like-for-like sales forecast for M&S to +2 percent from +0.5 percent.

The broker also increases its target price for M&S to 425 pence from 400 pence.
UNQUOTE.

[isis] 19/4/2011 15:14

In for the longhaul @329p and happy with that - target 750p within 2 years.