Marks And Spencer Share Discussion Threads

[old crow] 06/8/2012 17:02

So many dreamers

[druinsky] 06/8/2012 16:16

Bid talks should get highlighted in tomorrows papers

[simon templar qc] 06/8/2012 16:12

Brokers more possitive on retailers say FT...

[druinsky] 06/8/2012 15:42

Hopefully the bid confirmed in the morning and we will FLY!

[simon templar qc] 06/8/2012 12:27

More press reports..



Moneyweek..

[portside1] 06/8/2012 11:49

the only thing getting punters in to the shops are 70% discounts the rest of the store is dead .
last weeks meal deal failed and sold it off at 70% discount I bought quite a lot .

[simon templar qc] 06/8/2012 11:44

Mail...



"Paul Mumford, a fund manager at Cavendish Asset Management, told Bloomberg: 'It would be perfect for a private-equity firm. It's cash generative, it has a decent brand name, a food side which gives it a defensive quality and a portfolio of shop property in fairly prime positions.'

I concur with all that!

[simon templar qc] 06/8/2012 11:34

Could move up a lot further this afternoon when Dow opens.

[old crow] 06/8/2012 11:20

Snatander

Yes i am old sod of a Crow who has made 48k of profits this year already

if you have then the best of luck to you

We also own an apartment situated in the best position in one of the finest luxury real estate developments in Madeira
Yours for £640,000 if you want it

Cheers

[simon templar qc] 06/8/2012 11:20

I think there is some truth in then rumour with their prime shops customers will return to the High St and dessert the out of town Teco's. Customers are fickle but will come back. In any event the 5% yield will support the shares and with falling interest rates its a good punt at this price.

"0931: Marks&Spencer is now leading gains on the top share index on further news of possible buy-out interest"

[miata] 06/8/2012 10:01

06/08/12 08:41 353.17 476,452 O 348.7 349.3 Buy 1,491,948 717,013 0

Someone reckons there is sufficient mileage in this rumour to punt £1.7 million, watch for the sell.

[snatander] 06/8/2012 09:51

Hopefully MKS say they have had an approach later. Might see this at 500p then :-)

[simon templar qc] 06/8/2012 09:50

LOL

No smoke without fire my view. As I said despite falling sales the company has fantastic high st positions and is still highly cash generative. Tesco and the like falling but MKS still has a good loyal customer base.

[snatander] 06/8/2012 09:49

you took profits at 343p you old sod

[old crow] 06/8/2012 09:47

portside1

there will be no bid it is the city trying to get the share price up to sell.

The Crows agree that's why they took the profits and ran

[portside1] 06/8/2012 09:25

go and take a good look I do the shops are not busy far from it.
profits are falling .

[simon templar qc] 06/8/2012 08:59

I disagree MKS has good High St shops and is highly cash generagtive a bid could come, with interest rates tumbling and the company givingn a guaranteed 5% yield its worth staying with it for now.

[portside1] 06/8/2012 08:49

profits are going to fall sub 300p on way .

[portside1] 06/8/2012 08:48

there will be no bid it is the city trying to get the share price up to sell.

[simon templar qc] 06/8/2012 08:43

467,000 just gone through at 353p.

[old crow] 06/8/2012 08:21

Take the money and run

[simon templar qc] 06/8/2012 08:05

Current yield 5% guaranateed I think there is a guaranteed 10 to 20% upside from here.

[aleks_atanasov] 05/8/2012 20:57

nah its "always" a bad idea to short a bid target! the UK M&A market is in terrible shape... barely breathing.

[snatander] 05/8/2012 20:06

Looking for £5-£6 bid

[old crow] 05/8/2012 11:39

MKS to be subject to a takeover from the Telegraph newspaper
so expect MKS to rise in the morning and then when they realise it's just a load of
newspaper waffle
down she goes

Great stuff for the shorters