Marks And Spencer Share Discussion Threads

[qantas] 08/11/2018 21:38

Porsche what a thing to say .

You will soon get your money back.

Any share may bite you on the bum

Please do your own research

[porsche1945] 08/11/2018 20:45

A company that never fails to disappoint, alltho you could say that for four fifths of the ftse, described by Terry Smith recently as an index that is full of a load of old rubbish, which it is. Retailers trying to buy stock from overseas with brexit trashed sterling and sell it to consumers most of whom have not had a pay rise (real) since 2008. Declining business models with the likes of Amazon crushing them, ftse back to where it was twenty years ago while every other index has doubles or tripled or more, wonder really whether ftse/basket case UK is actually investable, look at what has happened to Woodford buying all this UK facing dross, probably best just to stick to the S and P and Dax. I have 48k value of these purchased at an average 3.38, just need them to get back to parity please god, hit the sell button and never go near any UK retailers ever again!!

[diku] 08/11/2018 15:57

phil...thanks for confirming...

Would like to see this break out 315p...

[qantas] 08/11/2018 15:04

Hammering up shorts doomed to failure and closing.

Please do your own research.

[philanderer] 08/11/2018 14:01

Hi diku, this from may earlier this year..


'M&S store closures: full list of shops to shut announced so far'

The retailer has revealed that it is to close more than 100 outlets over the next four years

•Marks & Spencer to close 100-plus stores by 2022 in ‘radical’ plan

[diku] 08/11/2018 13:20

Somebody remind me how many stores are ear marked for closure...was it 100 stores...is so do the insiders remuneration package stays the same with less responsibilities?...somebody mentioned overheads are bloated!!...they could start from the top and work their way to the bottom asap...

[philanderer] 08/11/2018 11:47

Maybe a few more shares for me if it keeps going at this rate ;-)

[ignoble] 08/11/2018 11:44

Mince Pies for me

[qantas] 08/11/2018 11:28

Marks and Spencer Christmas 2018 advert



Please do your own research.

[philanderer] 08/11/2018 11:09

Good to see buyers coming in this morning 👍

[careful] 08/11/2018 10:13

All this talk of sorting out and downbeat prospects are in part a message to the current staff of M&S.

The overheads are bloated and need to be cut a complete change of culture.
the glory days are over and drastic surgery is required.

Holding thinking that Norman and Rowe are the men to do it.

[philanderer] 08/11/2018 10:01

8th nov HSBC hold tp 285p cut from 300p
8th nov Goldmans sell tp 265p cut from 270p

[loganair] 08/11/2018 09:43

As far as I see M&S stores do not really need refreshing...

When I was young my local M&S downstairs was women and upstairs mens and childrens wear.

Then came the Food Hall, 2/3rds downstairs foodhall & 1/3rd womens wear while upstairs 1/2 womens while the other half mens and childrens.

Then came the cafe upstairs, leaving the upstairs 1/2 womens wear, 20% cafe, 25% mens & only 5% childrens.

[philanderer] 08/11/2018 09:42

285p - 300p looking about right for the next few years while a 6% dividend is paid out, and these clever people either sort out the problems or sell it off.

Happy to hold on that basis.

And ffs move out of one of those two head offices in paddington basin ;-)

[diku] 08/11/2018 09:33

If the stores need refreshing then Mks should have trimmed the divi and used those proceeds to upgrade...whoever gets the contract will no doubt milk them!!...and the previous CEO laughing all the way to his bank...it is never their fault...always somebody else's...and some these stores are so huge it will cause lots of disruption when upgrading...

[loganair] 08/11/2018 09:29

In my expereince the way M&S operate on-line is far surperior then that of Next.

[diku] 08/11/2018 09:27

Look back of that big sofa at head office!!...



What I find amazing about M&S highlighting tired stores, weak supply chain and the need to catch up on digital is that over the last 10 years they have spent a vast amount of capex. Where did it all go?"

[qantas] 08/11/2018 08:28

MKS AI



Please do your own research

[philanderer] 08/11/2018 00:31

:-S

Nick Bubb liked

Ian Shepherd @IanAShepherd

17 hours ago

"What I find amazing about M&S highlighting tired stores, weak supply chain and the need to catch up on digital is that over the last 10 years they have spent a vast amount of capex. Where did it all go?"

[philanderer] 08/11/2018 00:11

ALEX BRUMMER: When M&S bosses describe the firm as a 'failing enterprise', they do everyone involved a huge disservice

[loganair] 07/11/2018 22:22

On top of the 5 years of restructuring that M&S have already done.

M&S have a real issue with their older core market as since the mid 1990's sadly they have tried to cator for the younger Fashion market, instead of their timeless good style that M&S use to be so well known for.

[diku] 07/11/2018 21:28

Heard in the news CEO saying it is going to be a 3 - 5 year restructuring change...

[qantas] 07/11/2018 17:55

Divi held

Shorts have to buy back 11.80%



Please do your own research.

[poikka] 07/11/2018 15:31

Yes, they have an issue there with the young, but then the young aren't forever young. The young are so brand aware, then the reality of having to budget hits home, lol.

I've bought some really good gear there, actually - sharp suits and shirts that fit. The labelling for shirts is clear - tailored/regular/slim/long sleeve. Underwear is better these days, too. I once took some underwear back that had ballooned within a few months - like about 20% bigger - and was falling off. Good now though. I do think that their jeans could do with sharpening-up.