Marks And Spencer Share Discussion Threads

[gruss] 06/1/2012 10:00

Well not sure about that but we certainly have something to CROW about! lol

[death by donut] 06/1/2012 09:35

Course there isn't isis , thank goodness for daft/gullible 'bargain' hunters otherwise I think all retailers would be doing a lot worse imho.

DbD

[isis] 06/1/2012 09:25

The M&S sale is a complete con, absolutely nothing in it.

[old crow] 06/1/2012 08:41

GRUSS are you related to the Crows.

[gruss] 06/1/2012 08:32

I decided to liquidate my entire holding a few days ago at £3.19. I bought the majority at £2.00 and further purchases at £3.00. IMHO I honestly cannot see the retail sector performing well this year and with the Chrimbo update coming up shortly I decided it was too much of a risk. If however they get back to my original entry point I may well buy back but at the moment will just enjoy the cash.

Good luck everyone!

[essentialinvestor] 06/1/2012 08:30

Nice offer on the Fuller for Longer meals this week,
stocked up yesterday as watching the weight at the moment.

MRW coming off over the last couple of days.

[old crow] 06/1/2012 07:00

Still expecting MKS to drop below 300p
that's why the Crows sold out mid December and took their profits.

If men could could grow wings and black feathers they still could not
be as clever as Crows.

Keep Crowing

[essentialinvestor] 05/1/2012 10:47

Appreciate your view, however remember they always need to close at
some point - longer term it's the profitability of the business and
dividends that determine the share price

[robertfaulkner] 05/1/2012 10:05

Agree Essential, but picking on just one retail company (a British icon at that, and me being an unlucky shareholder, I must admit) to make a fast buck by selling, borrowed shares just sticks in my craw.

I know they say shorters only speed up the inevitable, but I'd like to see them get their comeuppance just once, so they know in future it's not a one way bet

[essentialinvestor] 05/1/2012 09:43

Rob in fairness it's not just MKS, it's much of UK retail.
See what the next update brings - if you are a long term investor
just enjoy the dividends.

[robertfaulkner] 05/1/2012 09:30

Nasty article in FT about MKS being the most shorted FTSE stock, they apparently know this by the amount of MKS stock being borrowed.

If MKS could have the balls to do a share buy back of the equivalent of the next expected div with the promise that the total shares cancelled will push up the next div for remaining shares (so the div seeking funds don't have to sell) MKS could really catch the bear shorters by the nuts

[gruss] 22/12/2011 11:45

IMO good move. Dont take any notice of the brokers with their upgrades and downgrades. They have not got a clue. They make it up as they go along. Also long term should do very well. Good luck!

[gswredland] 22/12/2011 11:30

Yep me too Gruss yesterday at 302. Looking to keep long term and the dividend is really good and seems to covered well.

[gruss] 22/12/2011 08:19

Yet again bounced off the support level. Had to top up again.

[old crow] 21/12/2011 14:47

Essential

The Crows reckon you could be right, thats why we sold out our holding at a profit before the new year

Now around 302 would love to buy for a quick profit but am scared.

Keep Crowing

[essentialinvestor] 21/12/2011 14:31

I have a small bet with a friend who works at MKS head office,
that the share price will finish 2011 below £3 a share - it's near but no
cigar currently.

[yewtrees] 08/12/2011 16:18

25% off M&S menswear for a few days. Certainly got the shoppers spending today at M&S Lakeside.

[gswredland] 08/12/2011 12:59

Thanks Argyle

[nickward] 08/12/2011 12:56

Still short, tight stops in case Euro buddies come up with a plan. The old Tory indecision about Europe is starting to open a few cracks. Some of us
Non-Tories are aware that being inside the tent peeing out may be a lot better in the long run although short term it could be a little uncomfortable. One thing is for sure; our government are nowhere near as clever as they like to believe they are so expect plenty more mistakes.

[argylerich] 06/12/2011 18:51

From the ADVFN evening round-up:


Retailers were sold off across the board after some gloomy comments from the British Retail Consortium (BRC). Consumers are keeping "a tight rein on their spending, despite Christmas being so near", the BRC said today. Total sales were up 0.7%, against a 2.8% increase in November 2010, the retailers' lobby group said. Next and Marks & Spencer were falling lower on the Footsie while Home Retail, Dunelm and KESA Electricals secured the bottom three spots on the FTSE 250.

[gswredland] 06/12/2011 18:37

Any thoughts about what brought this down today? Broker downgardes?

[nickward] 02/12/2011 12:55

Gruss

Thanks, I have plenty of head room on the biggy, the top up is a bit of a punt but I have a tight stop and I am well hedged with good gains on Barrat, GKN, BP and others over the past cuple of weeks. US non farm payrolls seem to be the driver and optimism about Europe so things could change quickly; you just have to be prepared. Good Luck

[gruss] 02/12/2011 08:34

Cant help feeling something is afoot or perhaps wishful thinking. Despite of Investecs downgrade the shares are very strong again.


Nic keep a tight reins on those shorts. I dont want tears before Christmas. lol

[nickward] 01/12/2011 15:33

Topped up my short on this at 328.5 earlier, already in the blue. I am relying on Mr Osborn to deliver a truely miserable Christmas for retailers. I have a tight stop on this new trade just in case the Euro buddies pull something out of the bag and the market goes into some kind of euphoria.