Marks And Spencer Share Discussion Threads

[essentialinvestor] 11/7/2012 10:59

buywell I thought the market reaction yesterday was very very kind.

[buywell2] 11/7/2012 10:55

The slide begins

buywell2 2 Jun'12 - 09:22 - 2936 of 2984 edit



Chartwise it looks like in a couple of months say August time

Which would tie in you will note with the 2011 move down also

[johnwise] 11/7/2012 02:06

M&S is going nowhere and management has no clue. Chief executive Marc Bolland (someone with grocery background to manage fashion) will be out in two years and it is back to the drawing board with new management then. Everyone knows it will happen - the next two years are just waiting for the inevitable; before shareholders dare to force the hand of the board.

Furious shareholders tell Marks & Spencer boss: You're the Bob Diamond of retail

[snatander] 10/7/2012 19:19

Next might bid for M&S - heard that when i went for a beer at lunchtime. Prob nonsense but would make great sense

[snatander] 10/7/2012 19:16

Expats in China have reason to cheer with British favourite Marks & Spencer announcing it is aggressively expanding across the Middle Kingdom.
The UK retailer took four years to open eight stores in China but has now announced it will double this number within the next 12 months.

[essentialinvestor] 10/7/2012 15:40

The non food update is dire imv, compare this to NXT or DEB.

International growth? - what has happened there with the multiple extra outlet opened.

[snatander] 10/7/2012 13:26

oh so good, 360p then 400p

[johnwise] 10/7/2012 13:09

"What do you do when you are captain of the ship and you are heading for the rocks? Push a man overboard and hope the hullabaloo distracts all the passengers from the crunching sound when the ship runs aground."
See comments at bottom of page:

[buywell2] 09/7/2012 08:04

Unemployment now set to rise to 3m by xmas with loads of school leavers/UNI/College leavers unable to find work

The Retail Sector won't be a happy place for some time .... plus basic food costs set to rise due to drought conditions will impact margins for many



Sunday 8th july

Marks & Spencer to reveal sales fall

Marks & Spencer is set to reveal its worst quarterly trading in three years at its annual meeting tomorrow, adding to the pressure on its chief executive, Marc Bolland. The high street stalwart is expected to report a seven per cent fall in sales of clothing and homeware for the last quarter, fuelling fears it will have to cut its profits forecast. The Sunday Times





buywell2 2 Jun'12 - 09:22 - 2936 of 2984 edit



Chartwise it looks like in a couple of months say August time

Which would tie in you will note with the 2011 move down also

[old crow] 09/7/2012 07:46

At a bargain price i think yes .

[essentialinvestor] 08/7/2012 14:02

Would he really want it OC, with the outlook for retail.

Papers today reporting that it is homeware and clothing which appears to
be under pressure - no surprise.

[old crow] 08/7/2012 12:07

Could be good news
My son and his wife returning back to the UK from a week end in Monaco in the morning all the talk is Philip Green hoping for a big fall in Marks and Spencers.

[snatander] 08/7/2012 11:13

At the end of last week, M&S was worth £5.1 billion compared with Next's £5.3 billion.

Next, its closest stock market comparison, has only a third of M&S's sales.
In addition, M&S's value includes a £2.5 billion property portfolio, which Next does not have because its stores are all leaseholds.


Read more:

[old crow] 06/7/2012 15:09

Th Crows will wait until 10th of this month

[snatander] 06/7/2012 13:47

Their results were released on 22 May, so dont expect much has changed over 5 weeks. Wonder if jubilee and footie led to better wine and snackage sales!

[essentialinvestor] 06/7/2012 13:28

I cant comment on the quality, it's the increasing competition that may
be the major factor imv - see what they say next week.

[libertine] 06/7/2012 10:53

Nowadays, because fashions change, very few manufacturers would make clothing items that would last 8 years. They would go out of business due to lack of repeat orders and the higher production costs involved. Similarly retailers need turnover and customers, not visitors telling their unoccupied staff that they are still wearing the shirt they bought from them 8 years ago.

Sign of the times I`m afraid. M & S cannot afford to stand too far out of the crowd.

[old crow] 06/7/2012 10:27

EssentialInvestor
You are so right on the clothing , quality it is now so poor to what it was , my wife bought me some socks recently after 3 washes ready for the bin
More proof bought blue harbour shirts 8 years back been washed continuously
terrific quality still using them looked recently at similar doubt if they
would last 9 months

[essentialinvestor] 06/7/2012 10:24

Hope your confidence is rewarded snat, brave.

[snatander] 06/7/2012 10:00

Yep, think the chinese do love upmarket burberry and M&S stuff too. They are always loads of well dressed Chinese in my local store. Big spenders.Good thought

[essentialinvestor] 06/7/2012 09:58

It's the clothing side to watch oc imv.

[snatander] 06/7/2012 09:57

Guidance
Guidance for financial year 2012/13:

· Gross margin is expected to be between 0 and 25 basis points higher than last year
· Operating costs are expected to increase 3 to 5% as a result of increased space growth, depreciation, inflation and growth initiatives, offset by underlying savings
· The planned opening of new footage will add c. 3% to UK and c. 20% to International space.
· Group capital expenditure is expected to be around £825m reflecting efficiencies identified in the UK store update programme
· Effective tax rate is expected to be 24%




Wonder if we get to hear about the Chinese mega stores
The chinese do oh so love M&S Snackages as I do also

[old crow] 06/7/2012 09:44

MKS dropping like a stone
has someone leaked bad news on the following

We will announce our Q1 2012/13 Trading Statement on 10 July

[essentialinvestor] 27/6/2012 15:41

I'm thinking your long MKS