Marks And Spencer Share Discussion Threads

[boraki] 10/4/2017 18:31

Marks & Spencer-Reliance appoints James Munsen as MD

By PTI | Published: 10th April 2017 06:18 PM |


Last Updated: 10th April 2017 06:18 PM | A+A A- |

MUMBAI: Marks & Spencer Reliance India today appointed James Munsen as the new managing director replacing Venu Nair.

Munsen is a seasoned retailer with over 20 years of experience, including six years in the country and the Czech region that covers the Czech Republic, Slovakia, Poland, Lithuania, and Estonia.

Nair will be leaving M&S later this month to join as the chief commercial officer for the retail arm of the Tatas, Trent.

Munsen will be responsible for continuing to grow Marks & Spencer's joint venture business with Reliance Retail. M&S has 57 stores across 27 cities in the country, making it the largest outside Britain.
Munsen, who will take charge from May joined Marks & Spencer in the Britain in 2006.

In 2011, he was appointed as Marks & Spencer Reliance India's retail head. In 2014, he was appointed managing director of the Czech Group.

[philanderer] 10/4/2017 16:46

Winners included Marks & Spencer, up 4.6p to 341.45p, and rival Next, 32p better off at 4055p. Peel Hunt analysts, who rate M&S a Buy and Next a Hold, reported back from a US trip today and said feelings about UK retail stocks are much more positive than expected.

[philanderer] 10/4/2017 16:35

Sector movers: Retailers in focus amid predictions for strong Easter trading

[boraki] 10/4/2017 10:12

Well like I said before, I think they are pushing their luck with this one.

There will be a trading update Q4 on Thursday and the price has gone down hardly at all since they took out their short positions.

We know Xmas trading was good, there has been no profits warning since then and we have a new CEO who is changing M and S slowly by putting more than 200 food halls ( the back bone of M and S Profits) over the next 4 years and closing 70 loss making stores or converting them.

Yes the currencies are not in the favour of M and S at the moment, but the shorters must be gambling on the hope of seriously less profits.

I do not believe this will materialise in the Thursday update, hence they will be scrambling for the doors, and there is no trading on Friday, oooops. ( This allows the Easter papers to report about M and S, if this is slightly positive, then the shorts will be very unhappy indeed)

I think they could be in trouble and lead to an even quicker share price rise for M and S.

DYOR
Good luck to all M and sers

[qantas] 10/4/2017 10:04

Shorts are going up now at 7.39% or 120,067,387 shares to buy back.

hxxp://shorttracker.co.uk/company/GB0031274896/all

Please do your own research..

[steveo18] 10/4/2017 10:04

MKS food sales storming ahead imho

[boraki] 10/4/2017 09:40

Shares up 6p as we speak.

Maybe shorts are re-thinking their strategy.

[qantas] 10/4/2017 07:08

No they are not investors as they don't own the stock and are gambling on the difference tax free.

[andyadvfn1] 10/4/2017 06:35

Is it appropriate to describe to shorters as investors?

[miikke] 10/4/2017 04:27

Shorters are often sophisticated investors who presumably have considered the risks that shorting involves- in these circumstances should long term investors be worried about this?

[miikke] 10/4/2017 04:22

Shorters are often sophisticated investors who presumably have considered the risks that shorting involves- in these circumstances should long term investors be worried about this?

[qantas] 08/4/2017 09:43

MKS DXB

The Global reach of BA must have helped will this.

hxxp://www.timeoutdubai.com/aroundtown/news/76339-marks-spencer-to-open-first-standalone-dubai-store


It’s finally happened, and we just can. Not. Wait. Classic English retail giant M&S will be opening its very first standalone food store in Dubai Marina Mall, in just a few short months.

[qantas] 07/4/2017 09:11

MKS Shorts now at 7.37% 119,742,442 shares.

hxxp://shorttracker.co.uk/company/GB0031274896/all

Betting Against U.K. Retailers Hits 2-Year High Amid Brexit Jitters
06/04/2017 12:45pm
Dow Jones News

Marks & Spencer (LSE:MKS)
Intraday Stock Chart

Today : Friday 7 April 2017

By Philip Waller



LONDON--Betting against U.K. retail stocks has hit a two-year high as investors fret about the potential impact on the sector of a "hard Brexit", a study released Thursday showed.

Grocers including Ocado Group PLC (OCDO.LN), Wm Morrison Supermarkets PLC (MRW.LN) and J Sainsbury PLC (SBRY.LN) hold the top three places respectively in a list of the most-heavily shorted stocks in the sector compiled by research group IHS Markit.

Marks & Spencer Group PLC (MKS.LN), Halfords Group PLC (HFD.LN), Sports Direct International PLC (SPD.LN) and Pets at Home Group PLC (PETS.LN) have also been targets of short-selling, in which investors bet on a downward movement in shares by borrowing and selling them in the hope of buying them back at a profit later.

Online grocer Ocado is also the third most-shorted stock in the FTSE350 Index as a whole, with more than 15% of its shares out on loan.

Investors keen to hedge against uncertainty caused by the U.K.'s vote to leave the EU have been shorting UK stocks with a heavy domestic revenue profile since the middle of last year, IHS Markit said.

Shorting of retailers, many of which get most or all of their earnings from the U.K. market, has surged in the last few weeks as Britain has triggered Article 50, the EU's mechanism by which an existing member leaves the bloc.

The bets now represent 3.3% of the total shares of the 43 retailers in IHS Markit's study, the highest average for the sector in more than two years.

IHS Markit analyst Simon Colvin said a growing number of disputes related to the U.K.'s EU exit, such as last week's row over the sovereignty of British overseas territory Gibraltar, risks a so-called "hard Brexit", in which the U.K. would quit the EU without a trade deal after the official two-year negotiating period.

"Such an outcome could leave retailers paying more for imported goods, owing to both tariffs and a falling pound, while potentially limiting their access to the foreign staff who play an important role in the U.K.'s service industry," Mr Colvin said.

While supermarkets have been shorted for a while due to competition from discounters, more bearish sentiment towards clothing and sport goods retailers in the last few weeks indicates the market is steeling itself for a slowdown in non-essential spending, he added.

Short interest in M&S has more than doubled in the year to date to 9% of shares outstanding, while shorting of Sports Direct and Pets at Home has climbed by more than a third since the start of the year.



Write to Philip Waller at [e-mail]



(END) Dow Jones Newswires

April 06, 2017 07:30 ET (11:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.

Please do your own research.

[boraki] 06/4/2017 10:33

Price seems to be trying to recover.

We seem to have a bot buying 960 blocks

[philanderer] 05/4/2017 23:49

How M&S starts planning its Christmas campaign 15 months ahead


Read more at

[boraki] 05/4/2017 21:47

According to my calculations, Q4 trading update should be next Thursday, 13th April.

This is 91 days since the last one, and this corresponds with the same time frame as last year. DYOR




Watch the share price leading up to this to see if information starts to leak.

[boraki] 05/4/2017 16:35

I suspect it could be a bit later due to 53 week trading accounts

Don't ask me, I'm not an accountant ?




:-)

[qantas] 05/4/2017 16:27

We may get a trading update soon.
Last year it was the 7th April 2016.

[boraki] 05/4/2017 14:59

Don't worry Marks & Spencer Group PLC Q4 Trading Statement only a matter of a few days away.

Unless the shorts have inside information, then they could be caught very short indeed :-)

[philanderer] 05/4/2017 13:38

Shorts still adding today looking at the share price action.

[boraki] 05/4/2017 09:48

Very interesting Quantas

[qantas] 04/4/2017 18:34

Shorts going up 7.18% or 116,655,459 shares to buy back

hxxp://shorttracker.co.uk/company/GB0031274896/all




Last Signal: BUY
Last Pattern: BULLISH STOP LOSS

Signal Update
Our system’s recommendation today is to BUY. The BULLISH STOP LOSS pattern finally received a confirmation because the prices crossed above the Stop Loss level which was at 335.5000, and our valid average buying price stands now at 337.8000. The previous SELL signal was issued on 30/03/2017, 5 days ago, when the stock price was 331.6000. Since then MKS.L has risen by +1.87%.

A rally after a bear setup can occasionally turn into an explosive long trade. We may be on the verge of catching one of them. There is now a strong positive sentiment in the market despite the absence of a bullish pattern. The bullish stop loss is finally confirmed and a BUY signal is generated. Market wants to reward the bulls. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd.

Please do your own research.