Marks And Spencer Share Discussion Threads

[philanderer] 12/1/2018 10:23

No downgrades so far , couple of target prices changes is all.....


12th jan Deutsche hold tp 330p cut from 335p
12th jan Peel Hunt buy tp 375p cut from 450p
12th jan Liberum sell tp 250p
12th jan JP Morgan Caz underweight tp 285p
12th jan Barclays overweight tp 370p
12th jan Soc Gen sell tp 275p up from 272p

[larva] 12/1/2018 08:40

The next dividend is the massive one

[larva] 12/1/2018 08:37

£2,040 dividend received

[diku] 12/1/2018 08:16

Well Archie Norman arrival novelty has all worn off...some of these past performers are one time performers....it is a very different era now...hook up with Sbry and it will be good for both shareholders...it market will go bananas...

[philanderer] 12/1/2018 00:01

Nearly 12 months on and still running two tower blocks within 50 metres of each other :-S


M&S continues to battle with the past despite frequent management changes

.....Take the current headquarters in Paddington Basin, a 20-minute journey from the group's flagship store on Oxford Street in London.

Now-forgotten chief executive Roger Holmes abandoned the headquarters on Baker Street for two funky glass and steel towers on a low introductory rent, which escalated to £44million a year.

Rowe is saving £17million by closing a tower but buyers and managers still cannot nip into the centre to see what the customers (and staff) are up to.

Earlier this week Rowe addressed another legacy, the failure of the group's £150million web revamp, organised by former retail director Laura Wade-Gery.

The quarterly online uplift in the 13 weeks to December 30 was just 3 per cent. No wonder it is to spend another £25million on trying to get it right.



Read more:

[simon templar qc] 11/1/2018 20:57

Cracking food offer from Marks...



The only glint of light here is margins holding up profit guidance unchanged.

Not overly impressed with Tesco is was overhyped hence the fall there Morrison did better.

[careful] 11/1/2018 20:48

be realistic.
A pe of under 15 and a yield of 4% is a realistic target.
Good value when savings accounts offer 1%.
Todays results were ok.
Guidance unchanged.

[philanderer] 11/1/2018 20:44

M&S's website isn't delivering on sales

Massive investment hasn’t brought Marks & Spencer’s online operation up to speed with rivals – or with what customers expect

[philanderer] 11/1/2018 20:40

jpj, very well thanks.

Sympathize with your CNA , been there a couple of times myself. Hope it works out well.

[simon templar qc] 11/1/2018 20:30

M & S blames part of the sales fall due to customers purchasing their Brussels sprouts elsewhere!

Is he real!

Make your own mind up!

I warned and warned its not the time to invest in a bricks and mortar store while the rout is over.

John Lewis warn competition will intensify there will be casualties.

[simon templar qc] 11/1/2018 20:21

Not good the only good thing is margins may have been protected from no Black Friday discounting and holding off sales longer...

[jpjohn1] 11/1/2018 20:11

Yes phil hope your keeping well other than shares. I have been stuck with CNA seems forever. Gone from a trader to just an investor, they have dropped so much ( about a third ) since buying them. Just got to be patient and let them go up, if I sold now I would lose an arm and leg as to speak

[careful] 11/1/2018 20:11

Hoping Steve Rowe and Archie Norman will sort this out.
If they can't do it, then no one can.

A strange World, not only Bitcoin.

MKS turnover £10bn.
market cap. £4.9bn.
Yield. 6.2%.

Look at Amazon.
Amazon turnover. $136bn
market cap. $612bn
Yield 0
PE 227.

[simon templar qc] 11/1/2018 19:49

Overview of retail sector taking account of Christmas trade:

House of Fraser

-HF not a listed company, however 6 weeks trade including Black Friday ending 23rd December sales down 2.9%. Web sales down 7.5% Sales in store up 0.8%
-Sales since New Year recovered. The company identified cost savings of circa £26 million a year and have sold some brand names for £30 million.
-The TU suggests company got a breathing space.

Card Factory

-Share collapsed at more than 20% at one time today on outlook

Marks & Spencer

-Food like for like 13 weeks to 30 December fell 0.4%
-Clothing and home fell 2.8%
-Group sales fell 0.1%
-International tumbled 9.8%
-Profit guidance unchanged. Shares fall circa 7%

John Lewis

-Gross sales for 6 weeks up 2.5%
-Waitrose gross sales up 1.5% like for like 1.4%
-John Lewis gross sales up 3.6% and like for like 3.1%
-John Lewis sales only 6 weeks, longer term sales will be poorer; JL warns of margins being eroded and profit is expected to be significantly down. JL warns of need to strengthen balance sheet and profit share will probably be cut. JL sees competition to increase and sales in retail sector volatile.

Debenhams

-One non executor head rolled today
-Short positions increased again at just fewer than 15% however anything under 0.5% isn’t declared. Shorts could well be near 20%
-David Adams non executive director who is responsible for remuneration only got circa 64% of votes in favour of his re election. Over 200 million votes abstained which are not counted. Seems attempt by shareholders to revolt has had an impression. Shareholders advised to revolt against CEO Bucher pay.
-Shares fell today to a new low.

Bad press from TMF hedge funds want Debs shares to fall:


Overview and conclusion:

-Bricks and mortar stores are suffering badly; HoF may have got a breathing space. Marks & Spencer holding profit guidance, will protect them short to medium term.

-Debenhams looks very vulnerable at the moment to further share falls, the hedge funds increasing their positions is a clear warning to holders and potential investors. The future for bricks and mortar is highly volatile and it looks like it will worsen. Still not a time to invest in any bricks and mortar stores at the present time retail is going to worsen.

[elmfield] 11/1/2018 19:43

Thank you freedom,
Don’t worry I have done my research,
Just not going to buy shares in this outfit,
Would I short, no.

[gswredland] 11/1/2018 19:32

Who would buy marks? Can't really see a predator

[tjbird] 11/1/2018 18:29

Inline statement

Dividend paid tomorrow so will reinvest it here

[buywell3] 11/1/2018 18:27

oh dear

what a surprise
































for some








buywell3 - 04 Jan 2018 - 15:18:30 - 6579 of 6634 MKS - MKS
300p chartwise looks like being retested


But is MKS ready for the upcoming battle ?


............... The Supermarket Wars .................


Later in 2018 the Wars will begin in earnest as Amazon starts to reveal its muscle


Customer Care.

This will be number one priority for Amazon in winning market share from the established incumbents.

Free on-line ordering and delivery services will be key in this regard.


The customer in the UK stands to gain BIG as a result of the coming changes, as home deliveries from on-line orders take centre stage.

Naturally quality of product and value will also be in the mix BUT as the wars hot up prices will be cut and quality will get better across all those who want to remain left standing.

Thus it will be the home delivery service that will be a decider for many customers.




What we will see it a list of promises re delivery times re receipt of the on-line order


These might be

1. Guaranteed delivery within 4 hours or within 4 hours of the customer stipulated delivery time of their choice.

2. With a 20% reduction in order price for being 30 mins over

3. Plus a further 10% reduction for each extra 15 mins after that

[philanderer] 11/1/2018 18:04

Evening jpj, I`ve had three bad hits today ... TSCO and GNK being the other two. Cigs shares and LLOY my only gainers.

Still no sign of a real bounce in CNA, but I'm watching.

[essentialinvestor] 11/1/2018 15:50

MKS easily best Waitrose on food for me.

[jpjohn1] 11/1/2018 15:49

Bad hit today philanderer, this as been oversold today, still the best name on the high street, I would snap them up today but I'm in Centrica to heavy at the moment

[freedom97] 11/1/2018 15:45

elmfield, you should do some research and decide for yourself, whether worth buying or not. Many buy for the longterm because it's a very good company and offers a very good dividend! plus there is always the potential of a takeover when the share price is very low like it is now. Also, if the CEO is successful in turning the company around the share price will make major moves north of where it currently is.

As always DYOR! it's your money so you must decide whether MKS is for you or not. GL

[capeview] 11/1/2018 14:47

MKS food is very good and at the weekend picked up some bacon that doesn't have any water or Sulphites etc in it. It cooks really well and tastes superb. Best bacon I've had in a long time.
Had a good Gammon Roast too which cooked up nice and lasted a good few days in various dishes.

They just need to do a few things Waitrose do, such as maybe a free paper if you buy so much food, free magazines(Not sure if they do this) if you have one of there cards and possible even a cup of tea or coffee if you spend a certain amount of money.
They are nice features in Waitrose, and with prices similar to M&S they are bonuses.