Marks And Spencer Share Discussion Threads

[careful] 08/7/2016 09:32

MKS were 554p less than 12months ago.
The fall was overdone.
Good to see a partial recovery.
A worthwhile buy at these levels.

[ignoble] 08/7/2016 09:04

Sums it all up !
Makes Lottery Tickets look attractive sometimes ...the odds on winning are probably not too far apart.
LOL

[smokybenchod] 08/7/2016 08:50

Markets nowadays are ridiculous - MKS release poorer results that analyst forecasts and the shares go up. Couple of my other holdings smashed the forecasts completely and they tank! Don't know why I bother sometimes!

[dlku] 08/7/2016 08:17

yeah but they do this stuff and a few years later make a mint


up up up

[84stewart] 08/7/2016 07:55

Diku
How much do u think QWF would pay for MKS £ 4. -£4.5 p/s they are heavily invested in horse racing and oil funds are drying up I doubt it can afford such an investment at this time,but someone else stateside may.

[dlku] 08/7/2016 06:53

wont be surprised if the quataris pop up with a 30pc stake and bid

[philanderer] 08/7/2016 06:52

David Buik ‏@truemagic68 38 minutes ago

The bell is really starting to toll for M&S fashions. That trading update on clothes sales of -8.9% was a shocker! M&S fashions are dowdy!

IG open calls..

$FTSE 6520 down 14
$DAX 9384 down 35
$CAC 4103 down 14
$IBEX 7980 down 29
$MIB 15352 down 84

[dlku] 08/7/2016 06:44

Global sovereign wealth funds are waiting to pounce on bargains instead of paring stakes in the U.K. following the Brexit vote, a senior industry expert said Friday.

"Sovereign wealth funds are patient capital. They have a long term investment horizon," Michael Maduell, president of the Sovereign Wealth Fund Institute, told CNBC's "Squawk Box" on Friday.

"When everyone is freaking out about the pound sterling going to a 31-year low, wealth funds can come in and tactically purchase assets and tactically place bids on companies."

[diku] 07/7/2016 18:53

When they said they are going pay a special divi..that was the clue to get out...at the time shares were trading around 400p....special divi has its own agenda!!...

[ignoble] 07/7/2016 18:39

Their buyers just don't seem able to stock their stores with clothes ladies will buy.
Colours bland according to wifey ... gents stuff is good ,imho but so much ruddy choice that I walk out without buying anything as I can't make my mind up.

[philanderer] 07/7/2016 17:36

We all love Marks & Spencer, so why aren’t we buying its clothes?

Read more:

[death by donut] 07/7/2016 16:31

Happy days! Was tiling away on site today hearing the news of MKS and was expecting redness of the reddy kind on getting home. But its blue!DbD. :-)

[essentialinvestor] 07/7/2016 14:28

I mentioned the special dividend looked ill advised.
However my record at calling the MKS share price is woeful,
not currently holding.

[chairman20] 07/7/2016 14:23

the 'unexpected' negative
is the outlook for decline I UK Prime Commercial
property both sales and rentals

[philanderer] 07/7/2016 12:56

Investors Chronicle:

IC TIP UPDATES:

No one really held out much hope for first quarter results from Marks & Spencer (MKS). New chief executive Steve Rowe has only been in the top job for a matter of months and the decision to reduce general merchandise promotions and move the summer sale to July meant an 8.3 per cent drop in clothing sales was to be expected. On the food side, total sales rose 4 per cent. We’ll likely look at this in more detail, but our recovery bet remains long-term. Buy.

[philanderer] 07/7/2016 12:48

Credit Suisse:

We remain structurally bearish on M&S particularly given the lack of
progress on restructuring the store park, which will only get harder to
achieve post Referendum. There will be optical support from the dividend
yield of 9.4% (inc special dividends) and FCF yield of 11.6%. However with a
payout ratio of near 100% and underinvestment, one has to question the
sustainability of either.

[philanderer] 07/7/2016 12:38

7th july Canaccord hold tp 330p



"M&S boss tight-lipped on marketing plans as clothing sales take (another) tumble"

[philanderer] 07/7/2016 10:51

Retail analyst Nick Bubb was distinctly unimpressed. "With the City looking for a LFL decline of at least 4%, despite weak comps, Marks & Spencer was expected to have gloomy news about Q1 clothing sales to report today," he said. "But the news is horrible, with Clothing and Home LFL sales nearly 9% down in the 13 weeks to July 2nd Food is also rather disappointing."




7th july Peel Hunt buy tp 500p
7th july Shore Cap buy -

[ignoble] 07/7/2016 10:23

Starting to think M&S are now an outdated business ... times have moved on and Marks have failed to keep track
Never see teenagers browsing their offerings , just appears a "not cool" store at the moment (probably has not been for a long while)

[philanderer] 07/7/2016 10:18

Some analysts, however, were unconvinced. Jamie Merriman and Jennifer Wong at Bernstein said they “struggle to understand” how M&S can continue to guide toward growth in clothing and home sales that was similar to last year, as it “implies a significant improvement in performance for the remainder of the year”.

[ignoble] 07/7/2016 10:15

Marks for vegetables according to my wife ...
Home Furnishing stuff is good but horribly expensive according to my wife

[philanderer] 07/7/2016 10:12

Conference Call doesn`t seem to have gone done very well :-S

[old crow] 07/7/2016 09:51

Food down no suprise it all started when those arrogant directors closed the
door on St Michael and now its all to do with the weather
We used to get most of our food shopping at mks and now we are down to two
items,WHY because the directors keep changing and downgrading their food
OF COURSE THEY KNOW WHAT'S BETTER FOR US !!

[freedom97] 07/7/2016 09:43

What Cantor F. is really saying, sell so we can buy up your shares on the cheap. ;o)