Marks And Spencer Share Discussion Threads

[debsdowner] 18/8/2021 15:29

netcurtains, all will depend on sales, if sales improve so will MARKS share price and rating, but I dont expect MARKS will go as balistic as you are hoping for but I hope so for your investment.

I wish you well.

[netcurtains] 18/8/2021 15:25

debs: If the market was always right no one would ever make money.
The reason we make money is knowing when the market is wrong.
I believe the market is wrong with M&S but I suspect we will only be
VERY VERY VERY WELL REWARDED

"IF" (BIG IF)

We dont get a massive covid outbreak in the autumn. If that does not happen
M&S is going to go ballistic - I hope!

[debsdowner] 18/8/2021 14:48

Humpty, I aint mentioneed £400 million of sales I said £400m profit you need to go to specsavers.

In the meantime the market agrees with me look at the share price its struggling again.

[neilhumphreys] 18/8/2021 14:13

For readers info for those behind the times , M&S own 50% of Ocado retail joint venture, M&S started operating sept’20 and between Sept’20-end March’21 it made £156 m split two ways so M&S made £78m net profit out of Ocado retail JV in just 7 months.

[neilhumphreys] 18/8/2021 14:08

Debs darling, Usual drivel and content of a child. Who mention 400 in relation to sales? TY sales fcst is £10 billion with net profit £300-£350m. Get your facts correct! The CEO of NEXT is moving on btw.

[debsdowner] 18/8/2021 13:07

PO,

I dont think this BB will make a tad of differene to the share price, its mainly small compmnaies which can be volotile becasue of BB posts.

netcurtains, this is not NEXT its a different vehicle and NEXT has a good CEO who knows retail inside and out in Lord Wolfson. If Lord Wolfson was the CEO of MARKS it would probably double in share price.

Neil Humpty, with regards OCADO MARKS only has a share of the UK operations not globabl. As for profitability the company said it would very much doubt whether they will gett to £400m pre tax for some time and not next year. Its going to take time to claw back lost customers and raise sales and profits. They may have brought on board third party brands but that may increase sales but reduce margins on those sales.

If however profits did get to circa £400 or more the share price would desserve an upgrading from here but its not there yet.

[neilhumphreys] 18/8/2021 11:27

May 26th this year CEO of M&S stated net profits for this year will be c.£300-350m up from a loss of 200m last year. Unusual for any CEO to be confident in this climate I remember thinking at the time. However, when you consider Ocado made £78m net profit for M&S (part year profit)The digital activity in 100 countries and sheer volume going through Bradford is double.

I wouldn’t be surprised if M&S upgrade sales forecast by 6-8% and net profit to around £400m. The operating expense reductions down by 1% compared to 2019.

It’s just a completely different company!!

I hope we see a shift down on share price because I’d like more before the update!

[netcurtains] 18/8/2021 10:44

Naw this fair value once its back in the FTSE100.
You need to get a bigger imagination.
This is going the whole way.
It will end up TWICE the size of NEXT.
And NEXT is valued at £10B whereas M&S currently is only £2.8B

One day M&S is going to blow!

[pierre oreilly] 18/8/2021 10:43

Do you think the mns shareprice is a function of BB posts Debs?I can confidently inform you that the partial differentiation of delta shareprice delta nr of posts is zero. Hth.(It may not be zero for mincrocaps.)

[debsdowner] 18/8/2021 10:29

Lots of posts this morning as the share price falls again !

But no food on the table so to speak no flesh on the bones in most of the posts, and on food that also fell according to the ONS



The market thinks MARKS is full valued at the moment hence the fall imo.

MARKS was undervalued at 75p ish and overvalued at £1.75.

Without more news on current sales MARKS will go nowhere fast.

[netcurtains] 18/8/2021 10:00

PO: Yes, sometimes I cant make head nor tail of shorters posts. But I guess it all makes sense in their heads. Touchwood.

[pierre oreilly] 18/8/2021 09:58

Lol net.

Any evidence can be spun negatively when you're short.


Inflation high, that's bad for mns
Inflation low , that's bad too.

And horror of horrors, retail having sales and discounting, mega bad.

Not sure anyone pays the full retail price for anything do they (except m daughter).

If email want 100 ackers for something, they stick it on at 200 quid in a back at store somewhere for a couple of weeks, and then legally say it's 50% off at 100 quid. Jeez, this is basic.

No one pays 15quid for a domain noes pizza do they? They're happy to sell at 7.5quid each with one of thousands of codes for their 30p ingredients.

[netcurtains] 18/8/2021 09:58

Neilhumphreys: So you're saying M&S are booooooooooooooming! Not only have they shifted the unsold stock from the 2020 lockdown they have sold all the 2021 stock too.

This is great news!
Thanks for sharing,

Cheers Net.

[neilhumphreys] 18/8/2021 09:50

Not true on the M&S clothing, it’s sales have overshot by 8% and now faces a shortfall in inventory, lead times for production is 12 months so no chance of more stock, the sale season will be very short!

It’s brought forward it’s third party contracts to help fill the inventory.

[netcurtains] 18/8/2021 09:48

Neilhumphries: Do you have debsowner on filter as you have just said the total reverse of him?

I'm in the middle of both of you.
People have a lot of money to spend and low inflation.
I would think those two things spell "RETAIL BOOM"

[neilhumphreys] 18/8/2021 09:46

1m vacancies))) most are zero hour contracts with very little stability. Inflation is the emerging issue and money getting more expensive so companies with high debt will face job cuts.
Post pandemic key performance indicators are all over the place, budgets will be cut for catering and retail shortly.

[netcurtains] 18/8/2021 09:42

People have a lot of money to spend and low inflation.
I would think those two things spell "RETAIL BOOM"

[debsdowner] 18/8/2021 09:42

There has been a surprise fall in inflation part due to a fall in clothes and shoe prices, inflation falling is bad for retailers.



I had noticed MARKS givimng heavy discounts on many items it may be they over ordered as the economy eased restrictions and left with too much stock. If I am right MARKS clothes sales and profits will suffer yet again. Its also not been a good summer temaruters should be a few degrees higher at this time of the year.

[debsdowner] 18/8/2021 09:30

1 million vacancies need filling.

[neilhumphreys] 18/8/2021 09:16

UK does not need the Afgans at all, it’s daft to suggest we do. However, we should welcome them and do our best to make their situation better. I hope M&S slide down as I need more.

[shoesize19] 18/8/2021 08:53

Britain to resettle up to 20,000 Afghan refugees in the UK.

They are needed here .

retailers including M&S will benefit .

The M&S share price is on the sharp downward slide .

[mitchy] 18/8/2021 07:51

Inflation lower than expected. Could be a green 150 day perhaps ?

[debsdowner] 17/8/2021 17:27

kenmitch, I agree with a lot of what you say, buy backs are OK if you are confident of cash-flow going forwards and nothing to spend the cash on.

But the same could be said of a dividend, the city needs to see a balance with what needs to be spent and what can be given back to shareholders in a dividend.

I am all for paying down debts and investing back into a company, but MARKS was forced to suspend its dividends.

If you look at Debenhams they were still paying dividends when the company was strugling at it added to their demise.