Marks And Spencer Share Discussion Threads

[casholaa] 20/5/2014 14:01

Broker ratings in May


20-May Credit Suisse 425.00
20-May Canto Fitz. 410.00
15-May-14 Berenberg Bank 415.00
15 & 20 May-14 Espirito Santo Exe. 440.00
09 & 12 May-14 Deutsche 485.00

[casholaa] 20/5/2014 13:08

Results better than expected imvho.

[wernluck] 20/5/2014 11:44

in the salad section there are little tubs of 2 for £3 salads:
i recommend the mango salad and the sprouting pea and edamame bean.....

[jeffian] 20/5/2014 11:34

If so, Miata, it doesn't work. On being told that something being advertised, which she has specifically come to buy, is not available, Mrs. J simply flounces out. Contrast that with the massive advertising campaign being run by Next - you can't open your daily paper without the first two pages running full-page ads. Do you imagine those items are flying off the shelves/online orders, or do you think Next is saying 'well we only had a few and they're sold out'. I know what I think!

[miata] 20/5/2014 10:39

Yes I think Johnwise summed M&S up well. His "kind of clothes you'd be
embarrassed to buff the car with" was classic.

I wonder whether the the 'high fashion' items featured are actually loss leaders and are merely enticements into the store in the the hope people will buy the profitable rubbish.

[wernluck] 20/5/2014 10:05

never go in the place
hate the high street
just liked the chart;)

[poseidon2] 20/5/2014 09:31

Johnwise. Eloquently and accurately put!!

[leadersoffice] 20/5/2014 09:13

Disappointed, think its highly likely you will see £4 before the end of the month let alone Sept.

[buywell2] 20/5/2014 08:07

400p by end of Sept anyone ?

[death by donut] 20/5/2014 08:04

+1Give us back our decent kax!

[johnwise] 20/5/2014 07:51

Recovery? I don't think so. Quality went out the window a long time ago.
The shelves are full of over priced unfashionable badly made
and cheap quality dross from China, Cambodia, Vietnam
and all the rest of cheap labour countries.
Womenswear is bad enough, but has anyone seen menswear?
My god. It's a fashion wasteland - the kind of clothes you'd be
embarrassed to buff the car with. Even the underwear has
become cheap, nasty and unsupportive. Give us quality materials,
proper sizing and at least classic fashions. That's all customers want.

Marks & Spencer Group PLC Final Results

Underlying profit before tax -3.9%

[casholaa] 19/5/2014 18:25

I love your charts. I just don't understand charting -it's a foreign language to me.

[wernluck] 19/5/2014 18:11

so price has worked its way up to the first logical resistance level....
and stalled:normal price action.
sellers can be seen toward the top of the yellow coil
Also around this area is the median line of the purple corrective pitchfork
and the upper parallel of the blue down PF.
Watching price like a thriller!

[casholaa] 19/5/2014 11:16

Decent short piece in cityam today. 7.5% decline in full year pre-tax profits from 665m to 615m but 3 year 2.3bn spending exercise coming to an end so annual spending should decrease from 775m to 550m.

[leadersoffice] 09/5/2014 08:16

Tide turning back in favour, £5 here we come again.

[wernluck] 17/4/2014 09:10

Hi Spinner
time will tell..
but with stops so close it has to attract some money.

[spinner] 17/4/2014 08:47

Hi Wernluck

Very interesting. I sold out at 5.06 last time but entered too early this time at 4.44. I hope that you are right that it will test new highs.

[wernluck] 16/4/2014 17:25

spinner
stops under the last swing low(413.9 plus some noise...maybe look to ATR etc.)
entry NOW!
target new highs....but lets not be greedy!
price got rejected twice around 510
so say 500(you may have something different)
so risk at moment 13 plus 9 for noise=22
profit target=73
R/R 3.3/1
not too bad!

--------------------------
my success rate is about 50/50.
With R/R > 3:1 all good!
with R/R < 3:1 doomed:(

[spinner] 16/4/2014 16:58

Hi Wernluck.

So if the chart becomes reality what is your strategy ?. Long at what price and then out/short at what price ?

Whats your success rate as a chartist ?

[wernluck] 16/4/2014 13:02

looking at the daily chart,price now got very close to the last swing low.
This means there is a decent stop very close at hand.
From a R/R perspective a long trade from here is tempting:
Trend is still up on daily until last swing low is taken out.
Also i like the pattern that has set up...price has taken out a minor swing and heads down into major swing low.

[casholaa] 15/4/2014 19:30

Awful day for me.

[spinner] 15/4/2014 16:32

This is becoming depressing....logically, all these short positions have to be covered at some stage but it just keeps sinking on relatively thin volume.

[qantas] 14/4/2014 07:56

Stick with shares of Marks & Spencer and consider what the company could achieve if all its businesses performed well, Questor said in the Sunday Telegraph. M&S's food business has continued to do well while supermarket rivals face price pressure. M&S reported clothing separately from its other non-food products at last week's trading update, showing clothes sales up 0.6%. That is not great but Chief Executive Marc Bolland said womenswear was encouraging. The question for M&S is whether increased sales are at the expense of lower prices. Until that matter is resolved the shares are a hold.

[casholaa] 11/4/2014 20:01

Hmm... better to wait for british retail consortium to give stats next week.