Marks And Spencer Share Discussion Threads

[essentialinvestor] 11/1/2016 11:27

I took a loss at 438, thought my 450 buy price looked a decent tradable
entry price, unfortunately not helped first by the Next update and then
the UKX falling away, hey ho.

[philanderer] 11/1/2016 11:20

Agree harebridge , dead money for now.

Bolland still hanging around for a few months . Going to take ages to see if the new fella is any good after he takes up his post.

[harebridge] 11/1/2016 11:13

It's all about sentiment now, which has all but evaporated now. Funds/ Institutions will reduce holdings here & pile into 'the new kids on the block' ie pure online plays that are growing exponentially.

[albanyvillas] 11/1/2016 09:49

can't believe you can buy a cash generative business like this on 10x earnings

[philanderer] 11/1/2016 09:42

11th jan Numis hold tp 450p

[philanderer] 10/1/2016 20:36

How Marks lost its Spark: Critics demand rethink as investment of £3.5bn fails to reverse lag in online sales

Read more:


SIMON WATKINS: M&S must stop skirting real issues - first of all the revolution in online shopping

Read more:

[philanderer] 08/1/2016 16:57

So just -4.6% on the week falling to a 15 month low. Chart support shows 385p


'COMMENT: Marks & Spencer needs to keep it simple'

[philanderer] 08/1/2016 14:48

Nobody buying into this new fella on £800k turning it around by the look of it. Bolland still hanging about for a few months.

[philanderer] 08/1/2016 14:03

8th jan HSBC buy tp 680p

[philanderer] 08/1/2016 09:53

M&S still a ‘buy’ after Bolland’s departure

There is still a lot to like at high street giant Marks & Spencer (MKS) despite chief executive Marc Bolland’s retirement this year.

Shore Capital analyst Clive Black has retained his ‘buy’ recommendation, but only just, and does not have a target price for the stock.

Black welcomed Bolland’s successor Steve Rowe. M&S yesterday released its third quarter update, showing general merchandise sales down 5.8% but online sales rising 20.9% and international sales up 2.9%.

In 2016, general merchandise gross margin is now expected to be at the top end of expectation.

‘Following this update we were tempted to place our “buy” stance on M&S shares under review,’ said Black.

‘However, on reflection, the market wide factors are deemed by us to be pretty tidal, the self-control of the business is very good, the stock valuation multiples outlined above are not overly demanding, there is a particularly attractive dividend yield and we can foresee Steve Rowe bringing considerable energy to the M&S table.’

[philanderer] 08/1/2016 09:48

morning rb, I take it that`s Jeffferies rec you`ve just posted.

Here`s the whiole list from yesterday and this morning:


8th jan Credit Suisse underperform tp 450p
8th jan Berenberg sell tp 380p
8th jan Deutsche buy tp 580p
8th jan Goldman Sachs sell -
8th jan Beaufort hold -
8th jan Jefferies buy tp 660p
7th jan Canaccord hold tp 470p
7th jan Peel Hunt sell tp 400p
7th jan Haitong Secs buy tp 550p
7th jan Cantor sell tp 420p
7th jan Investec buy tp 570p

[rubberbullets] 08/1/2016 09:33

Rating BUY
Price Target 660.00p
Price 438.70p
Key Takeaway
M&S lifer, Steve Rowe, will step up to the CEO role in April when Marc Bolland retires. Steve did a good job leading M&S Food and we think he will bring energy and pace to the GM turnaround. Importantly he brings an attention to detail that could see M&S' execution skills improve now that they have invested in systems and data. Trading on 11.4x our cal 16 EPS and 10.1x cal 17 we see an opportunity.

[philanderer] 07/1/2016 23:23

Good article:

'Marks & Spencer’s new boss needs to return retailer to its core values'

[philanderer] 07/1/2016 23:09

Ah, sorry aussie , been a long day :-)

Bolland at M&S has been very poor , so the new fella can`t be any worse.

Luck to you as well.

[aussiedonnie] 07/1/2016 20:19

Phil, because your MKS Chairman has announced he's leaving quoted from today's news and my past exposure to SBRY shares only serves as a hint. I did buy into MKS about 8-9 years ago for £3 and sold out in 2013 due to losing trust in the stock-market world in general.

whatever your position good luck.

[treeshake] 07/1/2016 20:16

Made me smile - if you can get awY with it !

[philanderer] 07/1/2016 20:11

'After its Christmas dip, Marks & Spencer should keep it simple'

Of course Marc Bolland is retiring as CEO of Marks and Spencer. How else to atone for the retail scandal that is biscuitgate? In case you missed it, this week the store’s Extremely Chocolatey luxury biscuits were exposed as nothing more than humble custard creams dipped in chocolate.

pretty good article

[philanderer] 07/1/2016 20:08

aussie , why didn`t you tell us this two years ago when King jumped .

Way too late now ;-)

[aussiedonnie] 07/1/2016 18:25

I held shares in SBRY and sold up (£4) when the chairman Mr King decided to step down. I strongly recommend MKS shareholders do the same.

[philanderer] 07/1/2016 17:55

Yep, I read the Evening Standard article.

He`s done a great job at M&S’s general merchandise sales – said no one ever.

[philanderer] 07/1/2016 13:18

Steve Rowe: What you need to know about Marks & Spencer's new chief executive

[philanderer] 07/1/2016 10:46

Wish I dumped everything christmas eve :-)

One good call in the last month , shorting BRBY @ 1192p