Marks And Spencer Share Discussion Threads

[debsdowner] 21/7/2021 09:38

Marks and Spencer is a major employer in Ireland, with more than 4,000 staff.

In a letter to Brexit minister Lord Frost, Mr Norman said the current EU customs arrangements were "totally unsuited and were never designed for a modern fresh food supply chain between closely intertwined trading partners".

'Box-ticking'

"There is no other outcome for consumers in Northern Ireland in the end other than higher prices, given the inflationary pressures being put on to retailers by the regulatory regime," Mr Norman wrote.

"Being able to keep the show on the road, let alone growing, is going to be very challenging," he added.

[debsdowner] 21/7/2021 09:35

MARKS warns over BREXIT and is having to cut products in Northern Ireland



Reality may kick in after todays bounce which is in part due to bounce in footsie, bounce due to NEXT snd bounce due to retail sales in general.

[philanderer] 21/7/2021 09:17

Read across from NXT.

[xxxxxy] 21/7/2021 08:47

Missed a125ish Add to holding point. Guess it will never return there again.

[xxxxxy] 21/7/2021 08:22

The Government is expected to give Brussels an ultimatum on the Northern Ireland protocol today, as the chairman of Marks & Spencer warned it would lead to "gaps on the shelves" if left unresolved. Brandon Lewis, the Northern Ireland Secretary, will give a statement to Parliament this lunchtime in which he is expected to threaten to tear up post-Brexit trading arrangements if the EU doesn't show more flexibility. Lord Frost will also publish a "command paper" setting out the UK's stance. It comes as Archie Norman warned the situation would become "incendiary", particularly towards Christmas, saying "there will be gaps on the shelves... because it's simply not worth the risk of trying to get it through." The retail boss has written to the Government about the pressures the "byzantine and pointless and pettifogging" enforcement of the protocol is causing, as he revealed M&S was already having to "delist" Christmas stock. He told Radio 4's Today programme:  "I can't think of a more visible demonstration of how you are no longer a full part of the UK than you can't get your favourite Christmas products, can't buy M&S chicken, free range eggs."He warned that Northern Ireland was on course to face the same level of restrictions as the Republic of Ireland, adding: "You would not think butter would be threatening to the EU - it's the same butter that has been going there.... Daily Telegraph

[shoesize19] 21/7/2021 07:45

Is this now the critical path down to penny shares.

If it is we are going to see £0.99 pence again .

Debsdowner Said the fall was going to happen .


Glad I am not holding as got rid of mine previously .

Might buy again when they slide to my buy level .

Be careful time at the moment .

[diku] 20/7/2021 22:48

Remember the money raised...was it around 185p?...




mitchy20 Jul '21 - 16:41 - 8675 of 8677
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Debs
It could easily test 100 again at this rate. With the absence of any good news I think that's where it's heading. It may bounce off 130 but eventually will break through and find 100 . Or perhaps even lower and if they issue new paper it may never come back to where I entered circa 165.

[debsdowner] 20/7/2021 17:00

MARKS could be a arget but not as tasty as Sainsburys or even Morrision. All the top supermarkets are cash generaive and as ingerest rates arent going anywhere its a good place to invest for a provate equity or pension fund.

[mitchy] 20/7/2021 16:45

As for it being a target possibly...I honestly haven't got a clue. How about you ?

[mitchy] 20/7/2021 16:41

Debs It could easily test 100 again at this rate. With the absence of any good news I think that's where it's heading. It may bounce off 130 but eventually will break through and find 100 . Or perhaps even lower and if they issue new paper it may never come back to where I entered circa 165.

[debsdowner] 20/7/2021 16:04

mitchy, look at the chart does it look good?

[philanderer] 20/7/2021 15:37

Just wondering if today's spaceman is looking at the collapsing shareprice here ? ;-)

[mitchy] 20/7/2021 15:17

130 reached very quickly . A good place to start building a position in normal times... but now ?

[debsdowner] 20/7/2021 14:50

shoesize, didnt we warn? Breached just below £1.30 for a moment but stop losees could trigger further falls.

[freedom97] 20/7/2021 11:01

The share price is just following the FTSE so not MKS related.

[shoesize19] 20/7/2021 09:24

Down it goes .

[netcurtains] 20/7/2021 09:15

This is where we find out if it was a suckers rally
or will it bounce back.

Looking like suckers to me at present.
But early days.

[netcurtains] 20/7/2021 08:35

Loads of BBQ and beer sales

[diku] 20/7/2021 08:09

There you have it...




diku17 Jul '21 - 22:41 - 8653 of 8669 Edit
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FTSE Shares showing weakness of late and technical bounses are sold into but the FTSE above 7k...FTSE is a lagging indicator...due one of those big whoosh down on the FTSE...normally the share prices weaken first then FTSE catches up to the downside...

[johnwise] 20/7/2021 08:05

HELLO! Magazine

This Marks & Spencer tweed dress looks just like Kate Middleton's - and it's on sale

[netcurtains] 20/7/2021 07:57

Yes it should really be trading at well over £2.50 so at £1.25 you could make 100% over 12 months.

[xxxxxy] 20/7/2021 07:48

Looking to sub 125 to add to holding.It will be all over by Christmas, bar the shouting and the shrieking of the girly Communist SAGE.Fun day. Hot hot hot in Wales.

[xxxxxy] 20/7/2021 07:43

6:47am'Critical' workers can be exempt from self-isolationCritical workers will be able to avoid self-isolation if they come near someone with Covid in a bid to keep trains running and avoid food shortages. On Monday, Boris Johnson expanded the list of sectors whose employees could be exempt from the normal rules as he sought to ease the impact of the "pingdemic".Train drivers, care home staff, medicine manufactures, border security guards, soldiers and people who work in food, water and electricity supply are among those who could benefit.... Daily Telegraph