Marks And Spencer Share Discussion Threads

[larva] 01/12/2016 16:00

YOU ARE HERE:NEWS
Marks & Spencer's 2016 Christmas advert
M&S to top Christmas shopping list
1 DECEMBER 2016 BY KIRSTY MCGREGOR

More consumers will shop in Marks & Spencer than any other retailer on the UK high street this Christmas, new research suggests.

[larva] 01/12/2016 15:36

cold weather sending sales of high margin coats ballistic

[diku] 01/12/2016 13:25

Spread the word around....Everybody go M&S shopping...& not just for undies!!..

[philanderer] 01/12/2016 10:30

M&S to top Christmas shopping list

[philanderer] 29/11/2016 11:48

In the doghouse again..

"Investec downgrades M&S, highlights poor visibility of 5-year plan"

(ShareCast News) - Investec downgraded Marks & Spencer to 'sell' from 'hold' and cut the price target to 290p from 315p.

"Mr Rowe's strategy to reshape UK space/International is effectively a five-year restructuring story with poor near term profit and cash visibility, implemented against a consumer backdrop which looks set to deteriorate," the brokerage said.

Investec reckons the five-year plan could deliver 25% incremental earnings before interest and taxes, but this will be back-end weighted with execution risk as it is dependent on the property market.

The brokerage said it expects any profit benefits - which are unlikely until full-year 2021/22 - and ongoing operational self-help to be reinvested in "steadying the ship".

"Restructuring costs effectively mean additional cash returns are off the agenda," said the brokerage, adding that it now expects negative total shareholder return.

Investec cut its FY2017 pre-tax profit estimate to £603.4m from £623.1m and its earnings per share estimate to 29.7p from 30.5p.

It noted the shares trade on a 7% discount to their 10-year average forward price-to-earnings of 12.4x and said this discount should be wider given the risks of a consumer slowdown.

Investec's news target price is based on a 20% discount to the 10-year average forward PE.

[philanderer] 28/11/2016 09:22

28th nov Canaccord hold tp 330p
28th nov Goldmans sell tp 330p up from 315p

[philanderer] 25/11/2016 17:18

Marks & Spencer plays down Black Friday and sticks to its guns

[philanderer] 24/11/2016 13:24

Good PR :-)

'How Marks & Spencer became the menswear brand dressing Britain’s coolest celebs'

[philanderer] 23/11/2016 13:18

23rd nov Deutsche hold tp 350p

reiterates

[philanderer] 23/11/2016 11:56

Marks & Spencer (M&S) is set to open a new Foodhall in Bristol, creating 60 new jobs in the area.




edit:

and another :-)

M&S Foodhall in Corby welcomes its first customers


Read more at

[philanderer] 22/11/2016 16:54

Stockwatch: Blue-chip turnaround with 6% yield

"When does a plus-5% dividend yield raise the odds of capital upside? The market prices a yield tailored to perceived holding risks of a share. If the "reward" side of its profile tilts positively, capital upside is generated as pricing re-adjusts for risk, allowing you to lock in useful income"

article:


[...]

[philanderer] 22/11/2016 16:52

Marks & Spencer withdraws from Prince’s Gate Scheme in Oldham

[philanderer] 21/11/2016 16:44

Afternoon diku , apart from MKS no. Holding a few RTN (Restaurant Group) which are also in the doghouse. I`ve got GRG AND DOM which I`ve held for years and have multibagged. Loathed to get rid of them :-)

------------------------

Next, down 2.0%. The clothing and homewares retailer was suffering a read-across from the poor results of women's clothing retailer Bonmarche, whose pretax profit more than halved year-on-year in the six months ended September 24, as both online and store-only sales declined over the period. "Retailers are taking it hard today, with Next at the bottom of the index, as some aggressive read-across from Bonmarche sees investors worrying about the next batch of trading updates," IG's Beauchamp noted.

[diku] 21/11/2016 14:17

phil...just a matter of interest..are you holding any food retailer shares?...

[philanderer] 21/11/2016 09:45

£ continues down the toilet this morning . Import costs continue to rise.. NXT and MKS lead the FTSE100 fallers

[edwardt] 21/11/2016 09:39

liberum give zero weighting to MKS valuation and like in turn all the disruptors in the space on in my mind eye popping valuations. I personally think MKS as the most lowly valued in retail is an anomaly and analysts simply extrapolate the past into the future. that said, patience is required here as any restructuring will take a long time to bear fruit. so in short, you either go with the stocks like MKS where analysts are assuming a slow death or the likes of ASOS where they are saying there is near certainty they will clean up.

[philanderer] 17/11/2016 16:54

Pretty good day +5.5p taking into account the dividend being stripped out :-)

[philanderer] 17/11/2016 12:51

Take your pick ;-)

17th nov UBS buy tp 390p
17th nov Liberum sell tp 250p


reiterations

[philanderer] 17/11/2016 10:32

'Retail sales rocket on thrills and chills in October, ONS finds'

(ShareCast News) - UK retail sales in October rose by the most in 14 years, official figures released on Thursday showed, as cooler weather helped drive winter clothing sales and grocers enjoyed a thrilling Halloween.

The volume of retail sales in October rose 7.4% over the same period last year, the Office for National Statistics said, up from the revised 4.2% gain the month before and beating of the 5.3% consensus forecast.

[tattooed93] 17/11/2016 10:23

cheers freedom, it ex today

Nice , Kerching!

[freedom97] 17/11/2016 10:07

"Retail sales jump on colder weather and Halloween":

[philanderer] 16/11/2016 16:23

Mentioned before , with a few more stats..


'Battle of the Christmas ads: Mums pick M&S as best festive video'

[tattooed93] 16/11/2016 14:47

if i buy today will i still get the juicy dividend?

[srpactive] 16/11/2016 11:43

Morning all

I do not hold here but at aly, I have always wondered why
mks is not interested in buying aly. Aly revenue is split
18% fashion, the rest non fashion. Now that mks are cutting
their exposure to fashion, it would make sense to increase
exposure to more non fashion. This is to be done as management
has said via food, but if they buought aly for say £200m it would
speed the balance away from failing fashion.

Just a thought.

dyor

regards

active