Marks And Spencer Share Discussion Threads

[netcurtains] 25/8/2021 18:38

Interesting long term NEXT graph:

[essentialinvestor] 25/8/2021 17:53

Great few days.

[ander] 25/8/2021 14:49

A really good day again here.

[debsdowner] 25/8/2021 14:44

Marks should be having a breather shortly but may reach the £1.80 mark.

[debsdowner] 25/8/2021 13:11

Reached the £1.70s level as I predicted this week and climbing to my target price of £2 in due course

[philanderer] 25/8/2021 11:28

(Sharecast News)

- Deutsche Bank initiated coverage on the European clothing sector on Wednesday, with a preference for "growth companies which have adapted to changing consumer habits".
The bank started Asos, Boohoo, Marks & Spencer and Next with a 'buy' rating and target prices of 5,400p, 400p, 195p and 9,200p, respectively.

DB started H&M and Zara owner Inditex at 'sell', with target prices of SEK150 and €22. Primark owner Associated British Foods was initiated at 'hold' with a 2,200p price target

[pierre oreilly] 25/8/2021 11:14

I intend to sell at 3.20 in Oct. Soz that wasn't clear. I expect a bid at that level.

[neilhumphreys] 25/8/2021 11:04

Why on Earth would anyone sell M&S in October?? November HY numbers out and charts signal 225p in Nov. You would have to be insane to sell or desperate for cash.

[pierre oreilly] 25/8/2021 10:10

Looking at my records, sold these in march 92 at 3.20.

Intend to do the same in Oct 21

[pierre oreilly] 25/8/2021 10:07

Yep net, that's how people like corporate raiders will look at it, elliot types. Big t/o means a small positive change can result in big profit increases.

Chartists will be staring at their tea leaves equivalent and saying 'it's gone up, so it will carry on going up' (there, saved everyone a 4k course).

And amazon will be thinking what a very cheap way to acquire the best uk brand.

Nice diversion shimmy with sains. smells of elliot.

[xxxxxy] 25/8/2021 10:04

Ian Lance, co-manager of funds including Temple Bar Investment Trust (TMPL), argues that the market is undervaluing retailer Marks and Spencer (MKS)."If you have made it to the first line of this article, congratulations on having a contrarian streak. Because after many years of disappointment most other investors have written Marks and Spencer off. But we think that this is a mistake and that they haven't noticed the enormous changes that have taken place at the company.... Investors Chronicle

[netcurtains] 25/8/2021 10:01

What makes M&S cheap

Next Market Cap: £10.6b Turnover £3.9b
JD sports Market Cap £10.4b Turnover £6b
Morrisons Market Cap £7b Turnover £17b
M&S Market Cap £3.4b Turnover £9.1b
Frasers Market Cap £3.3b Turnover £3.9

If food accounts for 66% of sales and going by morrisons, then its £1b of market cap for every £3b of food, then M&S non-food is currently valued at £1b

So M&S valued at £1b (clothing etc) but NEXT valued at £10b. M&S has NAV of £2.3B whereas NEXT has NAV of just £0.7B

[pierre oreilly] 25/8/2021 09:49

Someone's accumulating as a precursor to a bid in my view.

How much for by far the best brand on the high st.?

[mitchy] 25/8/2021 05:11

"Dollar Up, but Near One-Week Low Over Receding COVID-19 Fears"Https://uk.investing.com/news/forex-news/dollar-up-but-near-oneweek-low-over-receding-covid19-fears-2450203

[philanderer] 25/8/2021 00:16

MARKET REPORT: It's not just any rally... M&S shares rise for a third day after brokerages heap praise on the retailer


Shares in Marks & Spencer rallied for a third day after two brokerages heaped praise on the retailer.

Credit Suisse and Berenberg increased their target prices – the amount they think the company's shares are worth – after M&S took the market by surprise with a profit upgrade on Friday.

M&S signalled that revamps of its food and clothing divisions and changes to working practices were paying off.

It was its first upgrade this century and follows years of struggles and constant restructuring that saw it booted out of the FTSE 100 in 2019. Credit Suisse brokers raised the target price from 185p to 215p.

Analysts there believe it will be a big beneficiary of the post-Covid reopening, in addition to its now-thriving online business.

Brokers at Germany's Berenberg highlighted M&S's improved online trading, after it teamed up with Ocado for home deliveries.

They took a slightly more conservative approach, raising its targets from 195p to 200p. They too have a 'buy' rating on the company.

After shooting to the top of the FTSE 250 leaderboard early in the day M&S later pared back gains.

It still finished among the biggest risers, climbing 4.2 per cent, or 6.8p, to 170.7p, while Ocado rose 1.7 per cent, or 33.5p, to 1992p.

[mitchy] 24/8/2021 22:28

Trust me it's worth the effort they are amazing. Let me know what you think and tell me if you've tasted better.

[smurfy2001] 24/8/2021 22:26

I'll give um' a try found them on Ocado:

[mitchy] 24/8/2021 22:23

smurfy - No I mean these , which are actually called crackers..sorry



I have never tasted cheese crackers as good as these anywhere.
Last thing at night as a treat,we put thin slivers of spreadable cheese on with smoked ham on top of that and a sliced gherkin (sliced gherkins from lydl...unbelievable flavour) on top of that. Happy days.
Some times they are sold out at the main store in Weymouth because they are so popular so then we'll go round to the BP petrol station and clear the shelf of them :)

[smurfy2001] 24/8/2021 21:04

mitchy, do you mean these?

[netcurtains] 24/8/2021 20:00

Percy Pigs alone is worth £2 a share
Never mind Colin the Caterpillar cake.

This has £3 written all over it.

I dont think any other retailer has so many products
that you cannot buy anywhere else.

[essentialinvestor] 24/8/2021 19:59

Once the SBRY offer rumours broke expectations of a £1.50 a share level by Friday
looked fantasy land - at least for this week.

[essentialinvestor] 24/8/2021 19:55

The £10 mean deal offer is very nice. It no longer includes a drinks selection
however the food choices are now better.