Marks And Spencer Share Discussion Threads

[buywell3] 20/11/2017 17:09

buywell3 - 04 Sep 2017 - 12:04:29 - 6174 of 6460 MKS - MKS
300p chartwise again looks like IMO



when amazon gets entrenched in the UK in 2018/19

This along with many more retailers and food stuffs sellers is going to take a hit

[qantas] 20/11/2017 14:08

Shorts updata

Going up

Now at 11.51% or 187,007,078 share to buy back.

www.shorttracker.co.uk/company/GB0031274896/

Please do your own research...

[philanderer] 20/11/2017 09:28

More doom ;-)


'UK shoppers expected to cut back this Christmas'

First dip in consumer spending for five years predicted by research for Visa but online sales are forecast to increase

[simon templar qc] 19/11/2017 12:37

Retail sales were only boosted by charity shops in October said the Express.

However according to the FT retail sales fell in October after consensus corrections...



In the meantime Black Friday already started as PC World, John Lewis will have to price match, all this will hurt margins.

[essentialinvestor] 19/11/2017 10:24

May be wise to take your cue from Norman imv. Currently he holds 10,000 shares,
a token amount for a man of his wealth. If he buys in quantity, I'm back in.

[philanderer] 18/11/2017 18:13

The market cap of fast fashion Asos eclipsed retailing stalwart M&S for the first time in what is being seen as a major power shift within the retail sector. The Aim-listed giant climbed 106p to £58.49, taking its valuation to £4.91bn, helping it leapfrog M&S’s £4.89bn.

[gswredland] 18/11/2017 08:14

Be interesting to see if 300 can hold

[justiceforthemany] 17/11/2017 17:54

An RSI of just 20 - that's very low (highly oversold) and typically indicates a technical bounce is due. P/E of 10 and yielding >6%.

[philanderer] 16/11/2017 18:35

MARKETS LIVE: Better than expected retail sales update as we hit Christmas shopping season helps lift FTSE and pound


More thoughts on those positive retail numbers

Ben Brettell, senior economist at Hargreaves Lansdown -

'Today’s retail sales data provided the final piece in a pretty mediocre jigsaw for the UK economy this week.'

'Inflation data and wage growth figures confirmed the squeeze on household incomes continues. But so far the UK consumer has proved surprisingly resilient, and retail sales have held up better than many expected.

'We’ve been waiting for the pay squeeze to filter through to the high street, and at first glance today’s numbers aren’t good news on that front.

'A decline of 0.3% is the first annual drop since March 2013. But the numbers aren’t as bad as they look. A 0.3% drop is better than the 0.6% fall which was forecast. The monthly figures are volatile, and October 2016 was an exceptionally strong month, so the comparatives are tough.

The rolling three-month figures still show an underlying trend of growth.

'As ever with retail, the Christmas period, which kicks off with Black Friday on 24 November, will be crucial.


Read more:

[philanderer] 15/11/2017 20:55

ST , Check out MTC as well ;-)

[simon templar qc] 15/11/2017 19:38

phil,

Check out Walker Greenbank shares collapsed 28.5% today!

WG is a luxury wallcoverings and furnishings supplier in the crucial Autumn period they have seen a significant fall in sales.

I am only saying!

[philanderer] 15/11/2017 17:01

Very nice too :-)


M&S has revealed its chic new collection of billowing dresses and midi skirts, which will land in stores in February

From the Alexa Chung-approved suede skirt to its sell-out constellation dress, M&S has a knack for releasing sartorial hits.
And it seems that the high street Mecca is set to impress shoppers once more with its chic new collection.
The new Spring/Summer 18 range isn't available until February but is already causing a stir on social media after the store released the first images of the collection.


Read more:

[larva] 15/11/2017 09:02

freedom9715 Nov '17 - 08:40 - 6444 of 6445 1 0
Morning All,

If you want the Divi, then you have until 16:30 today as goes 'X' Divi tomorrow.


Almost 7p too, well worth having and gets paid on 12 January so can help pay the christmas bills :)

[freedom97] 15/11/2017 08:40

Morning All,

If you want the Divi, then you have until 16:30 today as goes 'X' Divi tomorrow.

[m4rtinu] 14/11/2017 14:15

Was/am watching these in the run up to ex-div. Div seems small in comparison to the share price falls. In time, I think new girl Jill MacD (?) will have an effect but will take a while.

As said, general retail malaise his hurting most similar outfits at present.

[simon templar qc] 14/11/2017 14:13

John Lewis sales continue to fall and have done for weeks now......

[philanderer] 14/11/2017 13:39

Marks & Spencer is reconsidering plans to open a new store at the Market Walk extension in Chorley, according to a statement from the town's council, raising questions about the development's future.

Market Walk owner Chorley Council said that the M&S news means there may be some delay in starting work on building the extension. The local authority added that it was "extremely disappointed about the change of heart", which came after it had been given "several reassurances" by the retailer in recent weeks.

However, an M&S spokesman said that a decision has not yet been made on the proposed development of a new Chorley store. But he added that M&S is changing how it assesses the financial performance of proposed new stores which will affect which stores are progressed in future.

[philanderer] 14/11/2017 10:55

Read across today...

Next : Goldman Sachs cut the clothing and homewares retailer to Sell from Neutral.

[philanderer] 14/11/2017 10:03

Cost of living squeeze continues.

UK consumer price index stuck at 3.0% in October -- it hasn’t been higher since early 2012

++ Breaking: UK inflation sticks at five-year high
++ Food prices kept CPI at 3.0%





edit:

14th nov JP Morgan Caz underweight tp 285p

reiterates

[philanderer] 13/11/2017 17:32

Business goes on ;-)

[hernando2] 13/11/2017 14:53

I thought M&S results were decent. the food shop I was in the other day was very busy, the only thing i noticed were the biscuits and chocolates were on offer and very good value to the customers, I went in for one tin and bought 6 and i guess I won't be alone.

Waitrose was also extremely busy the same day ...the town i live in is on the south coast and there are plenty of people with enough cash to shop in these stores.

perhaps not reflected in all stores but i felt Ok about my investment here, lots of people appreciate the shopping experience in these stores

[philanderer] 13/11/2017 14:51

Be a struggle for everyone . People are feeling less wealthy these days.


House price reductions have hit a five-year high, but estate agents don't think they go far enough

[simon templar qc] 13/11/2017 14:43

Top Shop, Debenhams, even Joh Lewis at risk with a bad Christmas. Also House of Frazer.

Whoever goes first then is the time to look at the others.