Marks And Spencer Share Discussion Threads

[snatander] 09/8/2012 09:10

You can say that again! Your rod is quivering again

[simon templar qc] 09/8/2012 09:10

Looking a lot stroger today I see the share price trending up.

[simon templar qc] 08/8/2012 13:12

Read the links I have supplied, there is no smoke without fire and in any event MKS is still a good cash generative business and pays a good yield. These things take a little time.

[portside1] 08/8/2012 09:16

it is only the rumour that is holding this up it will drop soon .300p.

[snatander] 08/8/2012 07:54

Strong opening i reckon, a 10% move here and we might get RNS news of bid interest i hope

[snatander] 08/8/2012 07:49

When they repatriate the earnings a US buyer gets a further ongoing regular benefit

[simon templar qc] 08/8/2012 07:38

Yes I agree entirely. We could be looking for quite a premium. I suspect if a bid did come they would have to come up with a bid in the £6 to £7 range to make up shareholders minds once and for all. With a strong dollar a US predator could manage a deal like that.

[snatander] 08/8/2012 07:31

Strong dollar means they can pay a hefty hefty premium imho.

The retailer, which fought off a £9.1billion bid by Bhs owner Sir Philip Green in 2004, so could be £6-£7?

[simon templar qc] 08/8/2012 07:29

According to the Express a US retailer could use the UK to get a foothold here and I agree.

[snatander] 08/8/2012 07:26

very eloquent, couldn't put it better than that Simon

[simon templar qc] 08/8/2012 07:10

That was I was thinking late yesterday, climbed quickly near close. Its like a water diviner something is making my rod quiver.

[snatander] 08/8/2012 06:33

late bounce, bodes well imho

[simon templar qc] 07/8/2012 18:13

Latest press comment from Drapers...



Broker Shore Capital said speculation surrounding M&S was unlikely to be "total flights of fancy or fiction", although acknowledged the retailer had not commented on the rumours.

And despite concerns around the UK's wider economy, and the underperformance of womenswear in particular, the analyst said it recommended the share as a buying opportunity because of M&S' "potential medium-term cash generation once the investment phase is complete and the benefits are harvested".

Those benefits include internationalisation and online as additional channels of distribution, Shore Capital said.

"We deem it to be a business the shares of which are not overrated," said the broker. "The stock also has very good income credentials.

Guardian on similar theme...



He added that Marks was on his buying list anyway, based on its medium-term cash generation prospects once it has completed its investment programme and it can reap the benefits:


Time will tell as to whether M&S is subject to a bid approach. The stock may be temporarily marked up on the back of the growing band of press stories. However, we deem that M&S' brand, market positions and stores to be worth a lot more than the present stock multiples. Accordingly, should bid talk become a lot more serious the upside should, to Shore Capital, be material.

[snatander] 07/8/2012 08:23

Think retail recovery is on the way, lots of M&S snackages to buy of the bid comes today :-)

[simon templar qc] 07/8/2012 08:22

Not sure we will hear news on bid today even if the part has arranged finance they would have a lot of paperwork to deal with and may wish to put an offer to company first.

Its looking quite good now as the UK is in party mood now and MKS is well know for party food and that could increase new customers for MKS.

[snatander] 07/8/2012 08:21

bid bid bid yes yes yes , ohhhhh yes

[snatander] 07/8/2012 08:16

massive spike to come here, hope for bid news today

[philo124] 07/8/2012 08:14

Anybody know the size of their Pension Deficit?

[simon templar qc] 07/8/2012 07:56

Retail sales helped by Olympics...



Marks are known for their party food.

[imastu pidgitaswell] 07/8/2012 07:54

They're not short of MKS, they're holders who have taken out shorts (or options) as a protection, should the price fall back.

Not a case of burning etc, nothing so emotional.

[druinsky] 07/8/2012 07:51

FT:

Clothing retailers were prominent after a positive broker note from JPMorgan, with Marks and Spencer jumping 2.4 per cent to 349.2p, boosted also by faint rumours the high street group was favourably priced as a takeover target, analysts said.
"The stock is up on reports that M&S is being viewed as a bid target by some banks,"

[simon templar qc] 06/8/2012 20:30

Well the shorters might get burnt then.

[miata] 06/8/2012 20:19

Astec Analytics analyst David Lewis said demand to borrow the stock to sell short had increased in recent days and could indicate a willingness by some to position for a price reversal if a bid fails to materialise.

The number of M&S shares out on loan has increased by almost a third since its results in mid-July and is now at 18 percent, against an index average "in the low single digits", Lewis said.

"A rising balance on loan given the takeover rumours suggests that there is an element of the market that is positioning itself to take advantage of the currently boosted share price falling back as the rumour runs out of steam," he said.

[simon templar qc] 06/8/2012 18:45

Pays your money and takes your choice. No one can deny the company has a good loyal base and prime positions on the high st. I happen to think MKS would be an ideal bid target for a number of parties.