Marks And Spencer Share Discussion Threads

[xxxxxy] 27/8/2021 08:30

7:02amMarkets eye Jackson Hole summitGood morning,The FTSE is expected to nudge higher this morning as all eyes turn to Jackson Hole ahead of a much-anticipated speech from US Federal Reserve chief Jerome Powell.Markets are waiting to see if the Fed chief will announce plans for tapering monetary policy, with some top bank officials calling for a move within months.The Fed has previously claimed it will begin to lower the pace of its bond-buying programme once it has made progress towards its target levels of employment and inflation."An announcement on tapering is highly likely to come before the end of the year, something even the doves on the committee seem to agree on," said National Australia Bank's Tapas Strickland."What will be as much, if not more important than the start date will be how quickly the Fed decides to taper and whether the Fed attempts to de-link the market's perception that tapering 'starts the clock ticking' on rate hikes."... Daily Telegraph

[netcurtains] 27/8/2021 08:10

This is the key bit:
"
By partnering with British Corner Shop, which saw over 140% growth between March 2020 and 2021, M&S is able to rapidly roll out a wide range of its favourite food products without significant up-front investment.
"



This is the full list of countries:

h ttps://blog.britishcornershop.co.uk/2021/08/ms-faqs/

[albanyvillas] 27/8/2021 07:58

Broker 270p target

[pierre oreilly] 27/8/2021 07:58

When I worked in Geneva, all the brits (10s of k of them) would regularly head off to Lyon to shop at m&s - the nearest one. Knickers and sausages were the things most missed by brits abroad.

the appetite for premium british food (at very high prices abroad) abroad is pretty well insatiable. Each store will have a 75 mile catchment area.

The strategy is sound (and obvious).

[netcurtains] 27/8/2021 07:41

M&S food items (including Percy pig) will be available within 150 countries including the USA and Australia.
That is a lot of extra sales

[netcurtains] 27/8/2021 07:37

firms never have an "october Investor evening" to tell bad news.
I suspect the evening will be fun and I will be going.

[pierre oreilly] 27/8/2021 06:55

Soz you've missed out shoesize, but there's been some good comment on here which you have ignored, and still seem to ignore. You listened to Debs too much.50/50 takeover, 59/50 Elliot, and if neither of those, then we have the best UK brand with a strategy to both appeal to those lower on the age scale while moving more into the highly profitable less fickle food market. And I expect the Divi to come back this year, expect a price boost if it does.

[shoesize19] 27/8/2021 06:44

It has been fill your boots time , but times are changing . the old £4.00 - £5.00 bracket will never come back
Take your profits and move on, you can always re buy on the falls .

[mitchy] 27/8/2021 00:53

"Gap set to shine as shoppers return to 'embrace summer'"https://uk.investing.com/news/stock-market-news/old-navy-athleta-power-gap-sales-forecast-shares-jump-2451992

[debsdowner] 26/8/2021 16:40

MARKS having a breather after a good rise as I predicted yesterday.

[neilhumphreys] 26/8/2021 16:27

No divi will be on agenda until November 10th for next year

[mitchy] 26/8/2021 14:52

I would imagine the Oct investors day means either a special divi or reinstated divi. That was hinted in the results if business was good which it clearly is.

[netcurtains] 26/8/2021 12:35

'moment' is the key word

[ccsicemanandrew] 26/8/2021 12:19

They were paying dividends and making a high profit back then.Shares are worth around £2 max at the moment.

[netcurtains] 26/8/2021 12:06

Oct 7th Investor day.
Companies rarely have these events to tell bad news.
I think we will see further good news brewing.
Percy Pigs is going big!
Colin Caterpillar cake is taking over the entire worlds birthday.

[xxxxxy] 26/8/2021 12:05

If there is a takeover consideration, then think £6 may be minimum, thinking about a range of factors. My thoughts only.

[xxxxxy] 26/8/2021 12:02

A du P26 Aug 2021 6:55AM"Amazing" performance by a share which sold for GBP 6.47 in 2007. Go into any M & S branch and the atmosphere of failure is palpable..... Daily Telegraph

[philanderer] 26/8/2021 11:52

RBC RAISES MARKS & SPENCER PRICE TARGET TO 190 (175) PENCE - 'SECTOR PERFORM'

[netcurtains] 26/8/2021 09:54

PO: I can see if you want to buy an expensive pair of mens shoes online (over £100) you are better off at NEXT. This does imply the profit per shoe at NEXT could be a lot higher. So M&S still has work to do

M&S needs some reasonably good quality mens shoes - eg over £100.
Even trainers cost about £100 nowadays so M&S needs to up its sights when it comes to footwear. There is big money in feet.

Sports Direct and JD sports have made FORTUNES out of it. Come on M&S get some good shoe product in!

[xxxxxy] 26/8/2021 09:50

MKS....Holding an investor day on Oct 7 with update.

[pierre oreilly] 26/8/2021 09:45

The price action looks to me like some outfit accumulating at a big scale. 50/50 bid, 50/50 elliot type outfit going to shake max value out of this.

Thanks net for pointing out the relative undervaluation here, and the reasonable suggestion that someone like amazon could well be interested in the uk's prime retail brand.

[netcurtains] 26/8/2021 09:40

If you compare M&S online with NEXT they both have lots of partner brands - some are in both: Eg Clarks Shoes.

One company, NEXT, is worth ten times the other. Next does no food.


or
h ttps. www.next.co.uk/

[netcurtains] 26/8/2021 08:29

What is interesting about the NEXT graph (see couple of posts above) is that Next's share price is now significantly HIGHER than it was pre-pandemic.

I think the same could be true for M&S. Before the pandemic, M&S was losing its way. Now its much more focused and internet based.

So we could eventually be talking over £6 over £7 over £8?
It really depends if we can out do NEXT. I think we can.

[mitchy] 26/8/2021 08:25

A kinda 'flight to quality ' day today.