Marks And Spencer Share Discussion Threads

[danny baker] 18/9/2018 12:39

It's going to take more than a non-exec buying 2,000 shares to stop the share price going down the plug hole. Did you see the good Ocado statement? The more MKS's competitors do well the more pressure on MKS's LFLs. Clothing sales are holding up quite well for MKS but it is the food side which has gone ex-growth. It's not really got back on track after a disappointing Christmas. Summer trading should have been good but the hot weather impacted UK salad growers so MKS couldn't take full advantage of the increased demand. If my local store is anything to go by they are still over-ordering rainbow and pasta salads and running out of everything else. I'm very happy to run my short position.

[funkmasterp12] 18/9/2018 06:23

Director buy yesterday.

[diku] 15/9/2018 21:15

The board are being paid accordingly on the basis of being in the prestige index (FT100)...so if it gets kicked out and shareholder value is lost is there a claw back?...

[loganair] 14/9/2018 11:21

Then the FTSE 250 trackers buy.

If M&S full out of the FTSE 100 they may find it more difficult to renew their loans etc.

Anyway they are not likely too fall out of the FTSE 100 at the moment as there are 6 FTSE 100 companies which are valued less than M&S and no FTSE 250 companies who are in an automatic FTSE 100 entry position.

[countless] 14/9/2018 09:45

If FTSE 100 status lost then trackers will have to sell i think?

[ignoble] 14/9/2018 06:38

Does it really matter if Marks loses its FTSE 100 spot.
Probably only matters to Board of Directors and the "image" .

"Oh no , Marks has fallen out of the FTSE 100 , won't shop there again"

LOL

[diku] 13/9/2018 23:34

I think if I remember correctly very recently the ex Sbry CEO did mention that some sort of online sales tax is needed if high street retailers are to survive...

[diku] 13/9/2018 23:22

countless...I have saying that for some time now...merge merge merge...Mks is at risk of losing its place from FTSE 100...Sbry made the first move by buying Argos and now with Asda deal...


Where is Mks within FTSE rankings?...has the next quarterly reshuffle decided?...

[danny baker] 13/9/2018 14:53

You have to ask where Morrisons' LFL growth is coming from. Part of it I think is from Waitrose and M&S. It's definitely not Tesco but Asda and Sainsbury are probably losing some market share to the discounters.

[danny baker] 13/9/2018 14:52

You have to ask where Morrisons' LFL growth is coming from. Part of it I think is from Waitrose and M&S. It's definitely not Tesco but Asda and Sainsbury are probably losing some market share to the discounters.

[essentialinvestor] 13/9/2018 12:26

Looks like benign neglect from the government, an online sales tax needed?, whether this is practical,
or could be applied fairly is the difficult bit.

[countless] 13/9/2018 12:23

With knews like this you would have thought retailers would try and look for economies of scale savings and merge etc?

[essentialinvestor] 13/9/2018 12:06

Did you ever think a headline like that would be written?,
even allowing for the exceptionals, it looks pretty dire.

[philanderer] 13/9/2018 00:30

Market report...

Retailers were among those boosting the Footsie as fashion stores rode higher on the coat-tails of Spain's rag-trade giant Zara. That was after the fast- fashion chain's owner, Inditex, controlled by Europe's richest person, Amancio Ortega, said its latest collections had been 'well-received' by customers as it forecast a rise in second-half sales of up to 6 per cent. Marks and Spencer rose 1.5 per cent, or 4.4p, to 293.3p, while Next, which has half-year results out this month, climbed 0.8 per cent, or 44p, to 5468p. Superdry zipped 0.9 per cent higher, or 10p, to 1158p.

[freedom97] 12/9/2018 09:28

MKS just dragged down with the rest of the market past few days. Markets recovering a little today and so is MKS. All those traders that have been on hols will start buying again.

[philanderer] 12/9/2018 09:20

Keep an eye on the prize at M&S, says Shore Capital

News that TV presenter Holly Willoughby is the new Marks & Spencer (MKS) brand ambassador will increase its profile but in order to win the financial prize the retailer will need a much bigger plan, says Shore Capital.

Analyst Clive Black retained his ‘hold’ recommendation on the stock. ‘The potential financial prize at M&S if [the directors] can engineer a sustained turnaround in trading performance; that is ongoing positive like-for-like sales, set against a rationalised operating cost base,’ he said.

‘We have outlined such a potential prospect for many, many years, only to be disappointed, albeit not as much as M&S’ long-suffering shareholders. However, the potential financial prize still exists if the transformed digital first business can be effectively traded.’

[diku] 12/9/2018 08:58

If that 285p support fails then low 260p here we come again for a third visit...

[danny baker] 12/9/2018 00:05

MKS shorters are sitting pretty. John Lewis interim results on Thursday will show Waitrose is still losing market share to Tesco and the discounters. I think there is every chance of a MKS pre-period end trading statement in the next fortnight. My feeling is LFL in Food is 2-3% negative and with the pace of new openings grinding to a halt that will mean falling sales in Food and rising costs. Clothing may be ok but with the growth division going ex-growth the rating will be very vulnerable. DYOR.

[diku] 11/9/2018 22:16

Me thinks possible demotion from FTSE is still haunting Mks...and some in the know are on the button...CEO not smelling the coffee yet!...do a deal with another retailer to wrong foot market and force shorters to close...

[loganair] 11/9/2018 12:21

I think in 20 years time JD sports will most probably have disappeared off the scene while M&S will still be very much there.

[ignoble] 11/9/2018 12:13

BBC reporting that JD Sports now has a stock market value above Marks !
dyor etc

[loganair] 11/9/2018 09:47

To me, these brand ambassadors and 'Must Haves' are a complete waste of time and money. What M&S needs to do is to reconnect with it's core customer base which it sadly disconnected from in the mid 1990's.

[ignoble] 11/9/2018 06:48

Popular choice I would think