Marks And Spencer Share Discussion Threads

[onjohn] 02/6/2016 15:20

Lovely 16p dividend £xxxxx

[essentialinvestor] 02/6/2016 15:14

KGF doing nicely following its strategic review, added KGF on the dip
yesterday and hopefully another opportunity for more on a bad day.
Keep thinking US markets are about to sell off, but not happening atm.

[philanderer] 02/6/2016 15:09

UBS retain 'buy' ....... cut target to 440p from 490p ...these guys are on big bucks. LOL

[muffinhead] 02/6/2016 15:05

withdrawal from China and France will carry exceptional charges

beware "underlying EPS"


"investing in price" also will hit the bottom line.... taking on high street competitors reminds of the fight between the big 4 supermarkets and Lidl and Aldi! oh là là


Share tangible NAV is a lot further south

Zero growth guaranteed and execution risk from Steve Rowe

Strategic reviews are best given a wide berth

[freedom97] 02/6/2016 15:05

So BHS will be closing all their stores in the coming weeks plus Austin Reed too. M&S could well gain business from many of their customers, so help boost M&S profits.

[jimmywilson612] 02/6/2016 13:26

All good points Essential Investor - I would argue that all retailers should be cash generative due to the business model etc.

[leonidas] 02/6/2016 13:15

THEY WILL go up by tomorrow.,the recovery will start.

[essentialinvestor] 02/6/2016 13:02

Would give 330 by tomorrow about a 1% chance
unless something cataclysmic happens in markets over the next 24hrs.

[eisler] 02/6/2016 12:55

330ish by cop tomorrow, another turbulent couple of weeks ahead, when Brexit sentiment really bites - will see sub 300 by middle of the month.

[essentialinvestor] 02/6/2016 12:38

Jim, any ambivalence is on the non food side, it is a successful high
end food retailer.
On net debt, the special should not have been paid, that could have
paid down debt further, agree.
Bull points, remains highly cash generative(at least for now) debt fell on the FY,
the possibility, just a possibility that Rowe can make a real difference.
I took 358, so a bad short term call for me.

[jimmywilson612] 02/6/2016 11:59

Seems like a lot of bulls for MKS so I thought ill try and add a bear case for the company as we dont want to me clouded by each other's judgement.

Net Debt is still too high and now represents over 33% of market cap.

Retail is tough at the moment but MKS doesnt know what it wants to be - a high end food retailer, a medium range clothing retailer doesnt sound like a winning strategy to me.

Would like to know reasons why people are buying in here, without looking at the previous price/chart etc.

[leonidas] 02/6/2016 10:47

leadersoffice

LEONIDAS

Snap what that does mean???????? bought 10.000

[leadersoffice] 02/6/2016 09:59

LEONIDAS

Snap

[leonidas] 02/6/2016 08:46

bought a hell of a lot at 357p happy to hold and will not be a seller till 400p+

[leadersoffice] 02/6/2016 08:39

Can't see it falling much from this point. Bar any more negative news, I would be surprised.

[19bells] 02/6/2016 08:30

Don't panic it's divi day 16p

[philanderer] 02/6/2016 08:21

Not quite all stripped out then, around 3p to the good so far.

Morning all.

[leadersoffice] 02/6/2016 08:17

Just topped up

[staffy dog] 01/6/2016 23:26

Filin my boots wit M and S share, vely cheep

[harvester] 01/6/2016 23:23

Bought over last few days several small lots of MKS at a range of prices paying as much as 400 and as little today( near close) as 369.3 .
Price drop seems overdone.
No-one can predict exact short-term price moves for sure but I can be certain of the cash income which comes with the divi and special divi .
Sharp price drop seems likely tomorrow but hopefully they will not sell MKS for £1 ( the sale price of BHS before bankruptcy) . lol
Bears & shorters have the upper hand at the moment but eventually that will result in a bear squeeze and sharp reversal . I can afford to wait for that , however long it will take .

[essentialinvestor] 01/6/2016 22:09

Apparently its feedback from their focus groups, the music is not liked,
the share price is loathed )

[diku] 01/6/2016 22:02

Maybe it was just the wrong kind of music/tune!...

[philanderer] 01/6/2016 21:20

Just seen that press release from MKS today, going to turn off all the in-store piped music to win back customers. Yes but no. But WTF are this lot playing at ????

[diku] 01/6/2016 20:19

HSBC shares actually went up after going ex divi with the general market rise over a week ago...

Could MKS and SBRY get together?....

[robertfaulkner] 01/6/2016 18:56

Will it open at 354.7 (closing price - 16.5p div) or will punters want to get in to catch any rise and stop the full ex div drop?

Would most punters want to buy lower without the div to wait for and pay tax on?