Marks And Spencer Share Discussion Threads

[simon templar qc] 26/9/2017 18:40

John Lewis Partnership weekly sales figures..



A few thought; food just about holding its own taking account of inflation, JL doing better increasing shelf space.

Looks like they are improving second half but better still with fashion due in part to own brands. They look like they are gaining market share.

edit:

Afterthought and important Waitrose improvement on offers and the same with JL price point and margins important and increase in sales doesn't mean higher profit if margins are not maintained. Discount erodes margins!

[philanderer] 26/9/2017 17:15

Tipped in The Telegraph today

Questor: low expectations are always a good start, so take a punt on M&S (with a stop-loss)

[qantas] 26/9/2017 07:52

Shorts updata

Now at 10% or 162,473,360 shares to buy back.



Please do your own research.....

[freedom97] 26/9/2017 07:43

Morning Phil & All,

I see Marshall has started to close shorts.

As of 21/9/17 (reported today) total remaining shorts is 10% was 10.20%.

[philanderer] 26/9/2017 07:39

Jefferies.... Buy....... Tp 420p

Reiterates

[freedom97] 25/9/2017 08:32

"Petition Hold a referendum on the final Brexit deal":

[maxidi] 22/9/2017 20:19

BREXIT NOW...... SIGN HERE !!!

[philanderer] 22/9/2017 17:47

Online food delivery service launched

[qantas] 21/9/2017 08:57

www.shorttracker.co.uk/company/GB0031274896/

Short updata

Still very high at 10.18% or 165,397,881 shares to buy back.

Please do your own research...

[freedom97] 21/9/2017 07:56

Morning All,

Marshall reduced it's short slightly last Monday. Total shorts now 10.18% (was 10.25% Monday):



Hopefully tomorrow or Monday will show less shorts open as data is reported from yesterday.

[simon templar qc] 20/9/2017 22:22

House of Fraser makes first half loss...





edit:

2018 is when the problems for retailers will get worse


"Only the UK, which remains embroiled in Brexit negotiations, has a deteriorating outlook. Responding to the OECD’s forecast that the British economy will be the slowest growing in the Group of Seven in 2018 "

[jpjohn1] 20/9/2017 20:02

Thanks freedom, the most important thing is we make a profit, it's impossible to guess where a company is going, we have to make a judgement when to sell, as I said before I hope it goes up well for you all so you can make a good profit and when it goes down eventually I will probably buy in again. Still think it's probably the best name on the high street

[freedom97] 20/9/2017 17:35

Thanks for being open & honest jp, rare to find on ADVFN these days. At least you still made a profit.

GL

[jpjohn1] 20/9/2017 16:51

Well done you chaps, you made a better call than me, sold last week, yes I made a nice profit which we all like to do. When I sold and it went down in the next few days I thought I'd made a good call it hit £3.28. I thought I timed it well, just goes to show you hindsight is a great thing and the best of us get it slightly wrong sometimes.The most important thing is we make a profit each time. Hope it still goes up for you chaps so you can make a good profit for yourselves

[philanderer] 20/9/2017 16:07

More than happy to stay around these levels with an unchanged dividend.

[opodio] 20/9/2017 15:40

This one is an animal running to 430p

[patdavey] 20/9/2017 14:27

Thank you freedom97.

[philanderer] 20/9/2017 14:16

Deutsche 'hold'. Tp 345p

Reiterates

[freedom97] 20/9/2017 14:12

pat, the short listing site seems to take a few days to update, so maybe Friday before we know if any shorts closed today.

[freedom97] 20/9/2017 14:10

I certainly wouldn't rely on what the Guardian writes.

Analysts, often get things wrong and I wouldn't be surprised if they have forgotten to take into account not only the large increase in population over recent years but also there are more people in work than ever before. More houses than ever before too. So all this needs to be taken into account.

[patdavey] 20/9/2017 12:33

Do I detect a whiff of burning shorts?

Where's Qantas when you need him ...

[simon templar qc] 20/9/2017 12:33

freedom it was a different world!

At one time Building societies and banks would only lend 2.5 to 3.5 times income, now you can see loans of 10 times income.

As I said in previous posts these views are also shared by numerous analysts, the Guardian and Telegraph have done numerous articles on consumer debt, the BOE also warned.

The £ affect is only a temporary respite, there is far too much borrowing. Now don't get me wrong there will be winners and losers if another retailer went to the wall Marks could pick up some of their sales but its too early to guess which retailer will hit the wall.

[freedom97] 20/9/2017 12:14

Simon, did the very high interest rates affect those shopping in M&S in the past when M&S share price was also over £5 NO!

The stronger the £ gets, the more profit M&S will make.

[freedom97] 20/9/2017 12:08

"Retail sales growth boosted by clothing"

"UK retail sales grew by 1% in August compared with the previous month, with sales of clothing and non-essential items reported as strong.

The Office for National Statistics (ONS) also said that compared with last August, sales volumes were 2.4% higher.":

[simon templar qc] 19/9/2017 21:32

The rise in the £ will assist retailers in the crucial run up to Christmas where normally the bulk of the profits come in last quarter. Christmas a make or break. I think MKS will do OK.