Marks And Spencer Share Discussion Threads

[careful] 22/8/2021 11:56

Sunday times reports Sainsbury as the next takeover target.
Currently valued at about £7bn

MKS at £3.2bn is trailing the lot, a distant last by valuation.
A few years ago there was talk of a MKS SBRY merger, a merger of equals for 2 businesses that once dominated but had lost their way.
It would be like 'Two drunks propping each other up' said the cynics.

Who would have thought that the once mighty MKS could be left trailing by such huge margins?
By valuation, MKS is the drunk still in rehab.

But I feel confident that things have changed for the better.
Time to catch up. Like Eric Liddel in Chariots of Fire, he fell over but still won the race.

[neilhumphreys] 22/8/2021 11:24

SP will probably run to 170-190p by Oct and 200p as the company announce HY 3 Nov.

Plenty of noise in between and share price volatility but a clear trajectory.

[debsdowner] 22/8/2021 10:32

LEONDIS, If are short I am sorry if it is red deal with your short because there is further upside.

[netcurtains] 22/8/2021 10:17

M&S possibly ought to use its clout with Ocado to make sure they pay the zoom drivers a bit more.
If you read this, then look at basic "driver" pay it looks like Ocado are underpaying by at least 50p (scroll to comparisons at bottom of link)

The negative news might affect Ocado - not sure (see todays Observer)

[leonidas] 22/8/2021 09:58

It will close red on Monday and by Friday 150p perhaps even lower with what is happening with the Taliban it could be a bad week for the FTSE and that will affect MKS share price even without that is 150p and perhaps even a touch lower than 150p.

[debsdowner] 22/8/2021 09:24

MARKS tops a WHICH survey for customer service:

[debsdowner] 22/8/2021 09:19

netcurtain, yes I noticed that wasn;t their 3 for £16 or so, the colours were nice. I couldnt see any of their premium brands however Jaeger/joules I suspect they are online only but it would have been nice to browse the quality,

[netcurtains] 21/8/2021 18:07

debs: M&S men's department has loads of t-shirts. This was and is a great move by M&S because, with the middle class working from home, the demand for t-shirts and sweatshirts is far higher then normal shirts.

I've bought loads of t-shirts and sweatshirts this year, a significant percentage of them from m&s.

Cheers Net.

[debsdowner] 21/8/2021 17:54

LEONIDAS

A 14% rise is not unusual for any stock if the market sees a surprise and the trading update caught eveyone out.

I did say once the US opened the share would strenghten and that is what happened the share price finished at top for the day.

However the day before the results I posted a link on the possibility MARKS being undervalued and the trading update galavanised that.

There is still risk here but as PO has said I think there is more upside than downside and I wouldnt like to short from here.

I was in MARKS today as a matter of fact and disspointed with their menswear and the department didnt look busy but it was about 4.30pm so late in the day.

MARKS however is making good strides on food and has surprised the market.

[xxxxxy] 21/8/2021 12:48

Ocado clings on as shoppers go back to the supermarketFor online-only players it is a game of retention and growth as stores charm back customersByLaura Onita21 August 2021 • 11:08am... Daily Telegraph

[careful] 21/8/2021 11:21

All of this chit-chat price about the ups and downs of the share price and none about the potential profitability of MKS going forward.

A pre tax profit approaching £400m is a great starting point with improvements on every front.

Morrisons just about to be taken out for about £7bn.
MKS still lagging at a little over £3bn, way behind Next at around £10bn.

IF MKS get it right going forward, and they must be feeling more confident, there is all to play for over the coming years.

I am holding, MKS could make a huge comeback.

[pierre oreilly] 21/8/2021 11:13

Leon, no one knows what will happen minute by minute, hour by hour. If you do get the opportunity to get your money back (unlikely with the high cost of gteed stops), then I'd take it. Surely you can see the pressures on this to rise over the coming weeks and months?

80% of traders lose all the cash they deposit with SB/CFD providers.
Why people accept these odds is perplexing. I think after one successful trade, they think they are invincible, and then go in large.

[pierre oreilly] 21/8/2021 11:04

Sure no one expected the food rise Debs?

I bought in a couple of weeks ago and have posted several times one of the main reasons was their strategy on food expansion due to the high profits they are making there.

I had to stop telling you that because each time I did, you called me deluded.

You may gamble Debs, but I feed my family on rational analysis.

[leonidas] 21/8/2021 11:03

Well we shall see what will happen on Monday.The rise in one day was well overdone.Perhaps I am wrong and so be it and my money will go with it.Still confident at 150p by Friday. That will gave me a return of £5500 for a week work.I have a stop at 170p that will gave a loss of £4250.

[pierre oreilly] 21/8/2021 10:56

Net, insts who have to buy ftse100 stocks will buy on expectation of 100 entry because it's much cheaper that way. Not only that, but the scale of buying, being the exposure they need when in the 100, will actually drive m&s into the index, iyswim.

They are not discretionary buys, they are very large scale obligatory buys.

Shorters, well the serious ones, might as well put their house on the market now. And kiss goodbye to the Mrs.

[debsdowner] 21/8/2021 10:52

Leonidais, I have to dissagree about the share price, it was well desservved.

I posted a link from Yahoo before the update questioning whether MARKS was undervalued by about 30% on various metrics, then out of the blue and no one expected it MARKS posted a 10% increase in food.

So a 30% increase would amoun to a circa £1.80 level before any increase in sales. So that is why I have a £2 target now.

It amy take a little time to get there as clothes are still strugling and we dont know where the covid will end up so there is a bit of caution.

Hoever in the interim I don't see any great falls from here and on balance more upside.

Good luck to those who took a gamble as the share price climbed to the £1.50 level it was a claculated gamble at the time but its paid off.

Bear in mind now MARKS seems to be improving there is also the possibility with a takeover just like Morrisons.

MARKS does hold some of its freeholds which is attractive.

[pierre oreilly] 21/8/2021 10:51

Shoesize, Deb's isn't knocking any more, at least for a day or two until she sells again.True, she was knocking and deramping like hell even up to yesterday morning, telling everyone to sell, right up to the RNs, when she perversely told everyone to buy and that she had predicted the rapid rise, even declaring herself an expert in retail stocks in contrast to all the evidence.I'm afraid you've got to tolerate Debs, pumpers dumpers sellers slaggers are all over advfn, they are called traders purely talking their book and therefore posting nothing at all of use.Go easy on her.

[netcurtains] 21/8/2021 10:03

Next market cap is three times its turnover.
M&S has a turnover three times its market cap.

Let that sink in a bit.

I rate M&S more highly than Next.
Currently the market rates Next three times the value of M&S

The all important CHRISTMAS period is rapidly approaching. Providing no
new shutdown M&S could easily get to £3 this time next year.

[leonidas] 21/8/2021 09:59

Sorry but I can not justified such 14% increase on the day and any one with good sense would sold it before the opening on Monday.I can see them rolling back to below 150p perhaps even lower by Friday.I certainly do not see any further upside.The trading up date to the market by surprise but Monday will be the real test.With Autumn and Winter not far away and with Delta still biding hard Monday will be a red day.
Any one with sense should have sold it before the close of yesterday.Any one that has done it would do it first thinks on Monday.
I was lucky to see such opportunity to short it at 161.5p and I am sure I will have money in the back by Friday perhaps even before.My target is 150p and I am short with IG at the tune of £500.00 a point.
Any short that is still on it short it on Friday is due for a big reward.
NO JUSTIFICATION OF SUCH INCREASE.Will speak on Monday.Have a nice week-end.

[shoesize19] 21/8/2021 09:33

Net , My friend has run a shop ,a knocking shop always behind curtains or nets .

Stop Knocking Debsdowner .

[debsdowner] 20/8/2021 20:01

PO, As you well know things can change by the day and even the trading update caught the market out.

Simply coppying and pastine selective posts of mine distorts the bigger picture.

I have always said MARKS could gain with it being last man on the High Street and today bears that out.

[pierre oreilly] 20/8/2021 19:12

debsdowner13 Aug '21 - 16:25 - 8802 of 8953
0 0 0
Looking toppy again as I said earlier


debsdowner14 Aug '21 - 13:58 - 8811 of 8953
0 0 0
Mens Jaeger jacket less than half price, not much profit on this item if any at all:


A house price fall could knock confidence and the banks for that matter, hence both footse and 100 falls. MARKS tedns to fall with both indexes.


debsdowner18 Aug '21 - 14:48 - 8872 of 8953
0 0 0
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.


Thanks for all those wonderfully bullish posts you made debs. They were spot on, and you predicted today's big rise perfectly. After it had risen.

[netcurtains] 20/8/2021 18:46

debs: I dont see how that can be the "EXPERTS TAKE" - no one asked me for my opinion.
I've been a shop-keeper, has their expert ever run a shop?

[debsdowner] 20/8/2021 18:38

Shares Magazine:

THE EXPERTS’ TAKE

‘At this stage we signal an upgrade to full year pre-tax profit of circa 14%, so up from £311.5 million to £352.5 million’, said Shore Capital, the broker adding it is ‘great to be recording an upgrade to profit expectations from M&S. Whilst so, neither the company or us for that matter are getting ahead of ourselves and for good reason. The pandemic is still with and amongst us and so cannot be written off as a potentially negatively disruptive force.’

AJ Bell financial analyst Danni Hewson said: ‘Investors have had to get used to a diet of disappointments from the retailer largely connected to its home and clothing arm.

‘Until now Marks & Sparks has struggled to keep pace with the changes in shoppers’ appetites and the way they shop, i.e. increasingly over the internet as well as in store.’

Hewson continued: ‘It is early days but this encouraging news suggests Marks could be on the road to emulating Next which is excellent at combining its stores and its online capacity to get consumers the products they want when they want them.

‘One swallow does not make a summer, with pandemic risks and supply chain issues still to contend with, but Marks & Spencer’s confidence in lifting guidance so early in its financial year is undoubtedly a positive sign.

‘The food business, which has come to the firm’s rescue time and time again in the last two decades, is still performing robustly and the joint venture with Ocado (OCDO) to provide a web-based offering for its produce is going well.’