Marks And Spencer Share Discussion Threads

[philanderer] 11/7/2017 09:17

That'll do for me. Dividend looks safe enough.


11th july Peel Hunt buy tp 450p cut from 500p
11th july Liberum sell tp 250p
11th july ShoreCap hold -

[freedom97] 11/7/2017 08:55

Live Webcast at 11am. Unfortunately, I won't be able to watch it, hopefully see it later.

[grahamite2] 11/7/2017 08:43

QANTAS, he doesn't. No real investor would rely on what the shops are like "anecdotally."

[qantas] 11/7/2017 08:40

R Ball why do you bother then x

[gswredland] 11/7/2017 08:33

Nothing here to really set the share price racing.
Can see it drifting down a bit until there is a stronger proof of a real recovery.
Long term holder here and pleased. Nice dividend

[r ball] 11/7/2017 08:10

Annecdotally the shops are dreadful. The clothing side has been in the doldrums for at least a decade and needs to go.

[grahamite2] 11/7/2017 07:55

Clothing & Home revenue was down 0.5%. In line with our strategy, full price sales were up c.7%

That sounds very healthy for the bottom line.

[freedom97] 11/7/2017 07:44

Morning All,

So all on track, making good progress. Well done Steve & Team.

Shorters won't like todays news.

[qantas] 11/7/2017 07:31

R Ball boring mm

[r ball] 11/7/2017 07:15

Difficult to split food from merchandise but feel this is the future. The average age of the clothes shoppers must be 60+ and Edinburgh Woollen Mill must be a closeCompetitor.

[philanderer] 10/7/2017 17:18

'Sector movers: Retailers in the red as consumer spending worries worsen'

(ShareCast News) - Retailers were the big drag on the FTSE 350 today as survey data showed households continued to show caution on spending.
UK households spent less for the second month in a row in June, Visa said in its monthly consumer spending index, dropping to its lowest quarterly level for three and a half years.

There was a 5.8% decline for transport & communication, a 3.4% fall for household goods, a first monthly drop for recreation & culture in four years and and a much smaller dip for clothing & footwear than than the previous month's five-year plunge.

Next and Marks & Spencer were among the larger players in the red, while the worse fall was seen at Dunelm, given all three are exposed to the household goods space.

M&S also has first-quarter results out on Tuesday. Analysts at Credit Suisse felt trading "may not look all that bad" in the quarter thanks to Easter's timing and easier comparatives, but warned that "over the next 12 months the environment will remain challenging for M&S in the UK with increased competition in both clothing and food and softer demand".

[philanderer] 10/7/2017 17:02

Let's hope they're right ;-)

Tipped as BUY in The Mail

MIDAS SHARE TIPS: Marks & Spencer could be about to turn the corner with new chairman Archie Norman

Read more:

[qantas] 10/7/2017 15:20

Will the shorters be able to hold the nerve / courage ?

Please do your own research.

[philanderer] 10/7/2017 15:00

FWIW

'Matalan inches out of retail gloom with lift in sales'

[philanderer] 10/7/2017 11:59

Nervous selling before tomorrow's numbers ;-)

[qantas] 09/7/2017 20:51

hxxp://www.chroniclelive.co.uk/business/business-news/marks-spencer-set-reveal-boost-13298483


Shorters are going to be buying back.

Please do your own research...

[philanderer] 07/7/2017 14:23

M&S to see more positive quarter as clothing arm gets back on track

[philanderer] 07/7/2017 13:56

More than happy if we're 340p - 350p this time next week.

[freedom97] 07/7/2017 13:54

Yes, slowly closing their shorts, two weeks ago was 10.14%.

If good news on Tuesday, there might be a rush to close the remainder. ;o)

[qantas] 07/7/2017 13:43

hxxp://shorttracker.co.uk/company/GB0031274896/all

Now at 9.63% or 156,461,658

Please do your own research

[philanderer] 07/7/2017 11:49

Not too bad from DNLM this morning. Fingers crossed for next tuesday ;-)

[philanderer] 07/7/2017 09:26

7th july Deutsche hold tp 360p

reiterates

[philanderer] 06/7/2017 12:18

Marks & Spencer: Credit Suisse reiterates Neutral with a target price of 370p.

[philanderer] 06/7/2017 09:44

6th july HSBC buy tp 435p

reiterates

[philanderer] 05/7/2017 11:55

5th july Peel Hunt buy tp 500p

reiterates