Marks And Spencer Share Discussion Threads

[arja] 24/8/2021 09:53

interesting comments from LEO and he was brave enough to say what he thought might transpire . Unfortunately he was wrong on this occasion. MKS now close to quite strong chart resistance at about 173 level but could go much higher, even close to $2 if it makes a decisive break through that level .

[fletcher270] 24/8/2021 09:45

Morning Leo sorry not today is a good day did you sell

[debsdowner] 24/8/2021 09:44

freedom, Leo made the call which some make of too much rise in the share price on one dsay without takimng account of the fundamentals and prospects after the update.

Small stocks can retract after a sharp rise but there again it depends on the circumstances.

I dont think it will take too lomng to crawl nearer £2 myslef but all depends on the markets as well and covid.

Christmas could see £2 or more.

[debsdowner] 24/8/2021 09:39

Leo has called this wromng I have called it right £1,70 p at last and no way its going bck to £1.50.

Not good to short imo due to upgrades and possibility of returnig to the dividend list.

[freedom97] 24/8/2021 09:37

Oh dear LEONIDAS, "I have a stop at 170p that will gave a loss of £4250"

Can't believe you shorted MKS just as the company is making good progress on sales, what a fool.

[pierre oreilly] 24/8/2021 08:13

Brilliant move closing boxing day. I bet the returns that day always have exceeded sales.

[xxxxxy] 24/8/2021 07:46

Morrison Sainsbury Marks&Spencer and Amazon

[philanderer] 24/8/2021 00:04

'Marks & Spencer to keep stores shut on Boxing Day'


Retailer wants to give its 70,000 staff the day off to let them spend more time with families over the Christmas period

[senseibull] 23/8/2021 18:12

@leonidas

That is quite a short term view.

I dont think M&S is going to £4 or £5 but £2.50 to £3 is reasonable to me. Its a brilliant brand and better known than Sainsburys on the world stage. The food quality is very good and I feel its a good company to invest in.

Pensions and institutional slower money dont act that quickly. M and S is a slow burn barring any takeover talk.

Theres going to be a dip this week, if its to 150p so be it, its 10p, naff all

[leonidas] 23/8/2021 17:03

A mere 1.1p up,they tried 170p but did not work.Tomorrow there is only one way street and it will be south.Anyone thinking a bid is on the to MKS is a dreamer.Sainsbury well lucky for the holder and no offer there will ever mature and I do not see any further rumour on MKS takeover.They was never be any rumour and the rumour fade the share price will fade I am still for 150p by the close of Friday but it can arrive even quicker.Best sell if you are still long as you could seriously burnt.Speak tomorrow after the close.Have a nice evening.

[essentialinvestor] 23/8/2021 16:30

debs, with respect, unless you were holding SBRY that means jack.

[debsdowner] 23/8/2021 16:17

mitchy, I admire your enthusism but its near 5 years since MARKS had a share price of £4 and a lot longer than that since it was higher and things have changed since then. Supermarket used to have margins a lot higher than 5% and the discounters like ALDI amd LIDL brought them down.

As such profits from the food sector lower and that means lower takeover prices. If a takeover came at the moment I suspect it wouldn't mean a doubling of the price at the moment, but who knows the markets do sometimes surprise.

I have to say I woudn't rule a takeover of MARKS management now seem to have their eyes on the ball with buying out other brands and partnrships.

I supect any potemtial bid would come at circa £2.50 to £3 initially and then dependant on the offer some other bids come in like they have with MORRISONS.

MARKS is a buy at this price imo and I usualy get my calls right.

[smurfy2001] 23/8/2021 13:32

Incredible how Sainsbury's are doing let's hope for some of their magic here 👀

[xxxxxy] 23/8/2021 10:39

Shoppers are returning to high streets again, with weekly footfall now at around 50-60pc of their pre-pandemic levels, according to a real estate company based around London's West End.Shaftesbury said the retailers in its buildings have reported improving trade, as tourists visit London from other parts of the country.The improving footfall has also affected the recent rent Shaftesbury was able to collect. In the three months to June 30, the company collected 51pc of contracted rent, compared with just 40pc between January and March this year.Chief executive Brian Bickell said: "We expect that early autumn will see a return of the West End's exceptionally large office-based working population, which has always been an important contributor to our local weekday economy."He added: "The momentum of the last four months is providing a sound platform for the continuing revival of the West End in the important months ahead, leading up to Christmas and into the new year, and the prospects for a return to pre-pandemic patterns of life and activity."At the end of March, 8.4pc of Shaftesbury's sites lay vacant, but by the end of July nearly half of this space had been filled and the figure had fallen to 4.6pc..... Daily Telegraph

[netcurtains] 23/8/2021 10:07

Pre-pandemic M&S was trading between £2 and £3 a share.
So any bid should really be DOUBLE a NORMAL years share price.
So a bid should be between £4 and £6 otherwise they should be told to
get lost. An investor probably is going to get £4 anyway PLUS DIVIDENDS for X years

[debsdowner] 23/8/2021 10:01

PO No the thread header changes when I think sentiment has changed and my specialist analysis and research indicates as such!

In the meantime I did say last week Sainsburys could be the next bid target prior to the MAIL article.

By Samuel Indyk

Investing.com – Shares in Sainsbury 's (LON:SBRY) were trading higher by over 12% on Monday morning after the supermarket chain looks set to become the next target of private equity.

The Sunday Times reported that private equity giants are circling Sainsbury’s with a view to a possible bid worth more than £7 billion.

Morrisons Deal
The news that Sainsbury’s is reportedly in the crosshairs of US private equity groups follows a similar story for Morrisons (LON:MRW), who last week accepted a £7 billion bid from Clayton, Dubilier & Rice.

Morrisons had previously accepted a bid from Fortress Investment Group worth £6.7 billion.

Fortress said they would be considering their options.

Apollo Global Management – who is said to be interested in Sainsbury’s – remains in talks to join the Fortress-led consortium that is bidding for Morrisons. The Sunday Times reported that any involvement in a deal for Morrisons could make a deal for Sainsbury’s impossible.

On Thursday, the Fortress-led group said a further announcement will be made in due course.

Sainsbury’s has yet to comment on the most recent rumours.

However, last month on a conference call post trading update, Sainsbury’s Chief Executive Simon Roberts indicated there were no concrete offers for the firm.

“If we had anything to update on, we would be updating on it,” Roberts said.

At 09:35BST, shares in Sainsbury’s were trading 11.4% higher at 328.5 pence per share. Morrisons shares were trading higher by 0.1% at 291.4 pence per share, above the 285 pence per share offer from CDR.

[pierre oreilly] 23/8/2021 09:15

Debs, as the thread starter, I'm sure the thread header changes constantly to reflect your holding, or lack of.

[netcurtains] 23/8/2021 09:10

Do we know why it got to £1.72 just a few weeks ago and even with the good news in the trading update the market currently does not think its as good as it was just a few weeks ago without any update?

[debsdowner] 23/8/2021 08:55

Sainsburys up 9.4% on next potemntial bid target.

Have already edited my header on this thread yesterday to give an indicative buy out of MARKS at circa £3.

[johnwise] 23/8/2021 08:43

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Mark Levin

[debsdowner] 23/8/2021 08:42

Sainsburys share proce up 8.9% this morning probably on the next bid situation and so says the MAIL ob Sunday:

[debsdowner] 23/8/2021 08:35

PO, I did say it was a bad time to short MARKS and the share price would head towards the £1.70 level this week.

Hope Leo's has closed the short.