Marks And Spencer Share Discussion Threads

[debsdowner] 20/10/2021 14:22

Inflation going up will hit consumer spend and with the possibility now of interest rate rises as well worse is to come.

Retailers will be worried of consumer spend reigned in significantly next year and all those treats curbed.

Is BOE Santa goimng to give everyone a shock next month.

[neilhumphreys] 19/10/2021 23:31

Johnunwise. It’s either pay to help reduce carbon or die early.

Why don’t you visit the polar regions north and south, together with seeing the Siberian planes and see for yourself what has now melted. Possibly gone forever.

Johnson has nothing to do with the political leaders/Royalty dating back to 1800 onwards who started the industrial revolution, and colonialism of the planet (Britain controlled almost 1/3rd of the planet during Queen Victoria’s reign.

We have a simple choice to reduce carbon to zero AND invest in redeveloping the natural world.

Ignorance is dangerous.

[johnwise] 19/10/2021 23:00

Go ahead, make yourselves unelectable. Making our lives hell ..GetJohnsonOut

How Boris's £1TRILLION green dream could hit YOU: Britons face MORE taxes, a 50% hike on their heating bills, paying up to £19k for a heat pump, £9k a wall for insulation - and owners of inefficient homes may struggle to get a mortgage


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The evidence - global warming isn't happening..

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Global warming a total “hoax and scam” run by corrupt scientists, warns Greenpeace co-founder

[neilhumphreys] 19/10/2021 22:04

Mks probably will be back up to 350£m profit but will no doubt have a property write down ! Can’t see anymore than 193-195 on 10 November

[xxxxxy] 19/10/2021 13:18

MKS.. And November could be interesting.My thoughts.

[xxxxxy] 19/10/2021 13:16

Shareholders in Morrisons (MRW.L) are expected to give US private equity firm Clayton, Dubilier and Rice (CD&R) the green light on its £7bn ($9.6bn) offer for the company.The approval, which needs the support of at least 75% of investors on Tuesday, will bring a long takeover battle for the supermarket chain to an end.Earlier this month CD&R, which counts former Tesco (TSCO.L) boss Terry Leahy as a senior adviser, narrowly won an auction for Morrisons after bidding a penny a share more than Fortress Investment Group.... Yahoo Finance

[debsdowner] 18/10/2021 12:51

AMAZON to offer £3,000 signing on bonus to work through Christmas will push up pay for others in the retail business:



Retailers like MARKS will be worried about losing staff and may find it difficult to get casual staff over Christmas due to demand in transport and retail.

The days of cheap labour gone for the time being inflation is being driven from all sides and sectors and will cause a headache for retailers.

[neilhumphreys] 18/10/2021 11:49

It has amazed me how the successive Governments in UK have allowed this creepy and destructive company to slowly but effectively crush the high street and other physical retailers to their death and with them remove their financial contribution to the exchequer, only to replace with a company that pays barely any tax in UK.

[debsdowner] 18/10/2021 08:24

Market down over China GDP which is worse than foredast and barelly ang productivits last month part due to bottlenecks.

[xxxxxy] 17/10/2021 18:16

Treasury prepares to launch online sales taxA potential 2pc rate would generate around £2bn for the exchequer, as Rishi Sunak looks to crack down on Amazon and Big TechByTom Rees17 October 2021 • 6:00pm?Business Briefing newsletter?Our daily digest packed with news and analysisSign upRishi Sunak is stepping up plans for an online sales tax to level the playing field between tech behemoths and high street retailers after delaying an overhaul of business rates.Treasury officials have accelerated work on a new e-commerce tax in the past few weeks and are scoping out details of a potential levy, including what goods and services will be covered, sources told The Daily Telegraph.Whitehall insiders said that a so-called "Amazon tax" under a wider business rates shake-up is "clearly the direction of travel" being considered by the Chancellor, but that final decisions will be pushed out beyond the upcoming Budget.The move is likely to prove controversial and comes after the US President Joe Biden put together a global deal on how to tax Big Tech.A Government source said: "The plans are at a very rudimentary stage but clearly the direction of travel has been set now.".... Daily Telegraph

[xxxxxy] 17/10/2021 13:07

Cost pressures, supply-chain chaos and a reopening letdown are set to plague Europe's third-quarter earnings season, setting investors up for more disappointment than elation.While strong numbers from behemoths like LVMH and SAP SE reassured European stock investors last week, further good news may be needed to keep the rally alive. Rising inflation and a stalling global recovery pose a challenge to further market gains."We expect fewer positive earnings surprises, more cautious corporate guidance and less earnings upgrades by analysts," said Robert Greil, chief strategist at German private bank Merck Finck.Here's what investors are going to be watching as companies roll out their results:Logistical NightmaresPandemic-related chaos, post-Brexit customs checks and a shortage of truck drivers have wreaked havoc on supply chains.Clothing companies have been sounding the alarm ahead of the all-important holiday season, with online retailer Asos Plc warning that supply-chain problems are set to hit profit, while Hennes & Mauritz AB and Boohoo Group Plc have flagged delivery delays. Asos and Boohoo shares plunged after the announcements."We expect companies to struggle with supply constraints and rising input prices," said Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International.Stocks to watch include: Sportswear retailers Puma SE (earnings due Oct. 27) and Adidas AG (Nov. 10), online retailer Zalando SE (Nov. 3), shipping firm A.P. Moller-Maersk A/S (Nov. 2), industrial group Siemens AG (Nov. 11).Rising CostsCosts have been climbing for companies, a product of supply bottlenecks, surging commodity prices and a shortage of workers. Investors will be watching closely which firms have to swallow rising prices and which are able to pass them on to customers."Special attention must be paid to the impact that logistical problems in supply chains, rising energy costs and upward pressure on labor costs may have on results," said Jose Antonio Montero de Espinosa, head of European equities at Santander Asset Management. "During the third quarter we have witnessed one of the periods with the greatest increase in inflation expectations in Europe."Energy producers could be natural beneficiaries. The Stoxx 600 Energy Index is up 19% over the past three months and is the top-performing sector in Europe. Earnings growth estimates for the sector have accelerated over the past few weeks as oil and gas prices have soared..... Yahoo Finance

[debsdowner] 17/10/2021 13:07

Two out of three new companies always fail during first few years in any event.

[pierre oreilly] 17/10/2021 08:23

I suppose it's partly due to the thousands of companies formed to take advantage of lockdown, or rather the lockdown payments to their phantom furloughed staff.And of bone fide companies, wasn't it clear from the off that 99.9% of them would be bust by lockdown? And only kept viable by government largess? Like electricity suppliers now, the gov can pick or choose which lives and which dies. And pig farmers. And orchard owners. Etc etc etc.

[xxxxxy] 17/10/2021 07:49

John Redwood@johnredwoodNo media reports of plenty of diesel and petrol and filling stations with available pumps. The next scare stories to try to create a supply crisis should be treated more sceptically. Creating runs on goods that are available in normal quantities is unhelpful.

[bertiebingo] 16/10/2021 19:32

Whenever I looked at Boo and ASOS what put me off were the low margins, doesn't take much to hurt in the way of cost / capex investment those and the FCF ... so here we are.

[neilhumphreys] 16/10/2021 15:46

I wouldn’t buy ASOS or BooHoo equity out of principal! Throw away strategy and slave labourers! Disgusting!

[xxxxxy] 16/10/2021 15:18

How the shine came off the e-commerce darlingsAsos, Boohoo, AO World and The Hut Group have gone from star performers to pandemic outcastsByLaura Onita15 October 2021 • 11:00amIn the space of two weeks, a handful of home-grown online retailers – AO World, Asos, Boohoo and The Hut Group – went from being star performers of the pandemic to outcasts of the industry.They had been the envy of the retail world as shoppers embraced internet orders faster than ever while stores were shut during lockdowns. Emboldened, some retail bosses went on to say that the e-commerce boom was here to stay.Now, a combination of higher costs from freight to wages, driver shortages and supply chain problems, alongside a return to old shopping habits and jittery investors, have brought their winning streak to a halt.At the end of September, Boohoo was the first to sound the alarm on profits, with AO and Asos telling investors to brace for a dent in profits just days later. ... More.... Daily Telegraph

[debsdowner] 16/10/2021 14:14

More businesses going bust than before the pandemic

[neilhumphreys] 15/10/2021 22:12

Blackrock have reduced their borrowed stock on shorts twice this week 12 & 13 October. BR only .50%.

hxxps://shorttracker.co.uk/company/GB0031274896/

[xxxxxy] 15/10/2021 14:35

The UK government is set to allow hauliers from abroad to make deliveries more often in the UK as it works out how to deal with the lorry driver shortage that is hitting supply chains in the country.It said thousands more deliveries could be made each month under plans to temporarily extend 'cabotage' rights.The proposals set out in a consultation that launched on Friday mean foreign drivers that come into the country with goods can pick up and drop off goods an unlimited number of times for two weeks before they return home. Currently hauliers from the EU can only make up to two cabotage trips within seven days.Subject to a one-week consultation, the temporary measures would come into force towards the end of this year for up to six months, "helping secure supply chains in the medium term alongside the wider package of measures government has put in place to address the shortage of drivers more broadly," the government said.The relaxation would apply to all types of goods but is likely to be particularly beneficial to food supply chains and goods that come via ports...... Yahoo Finance

[xxxxxy] 15/10/2021 12:25

Probably the most offensive advert seen.If MKS goes this way there will be trouble ahead.Go Woke. Go Broke.Only reason to use J Lewis now is to use toilet.