Marks And Spencer Share Discussion Threads

[philanderer] 19/3/2018 17:57

Agree careful.

And Ashley will do something with DEB too.

edit:

Too many restaurants , takeaways, nailbars, bookies, charity shops, supermarkets , jewellers, in fact too much of everything....

[careful] 19/3/2018 17:45

those that survive will do well in the long term.
uk had too many shops, too many banks.
mks will do ok.

[kev0856153] 19/3/2018 08:52

How badly will IFRS 16 affect M&S?


Department stores are on shaky ground too. Debenhams issued a whopping 35 per cent profit downgrade just days into the new year, admitting that sales had fared terribly in the weeks either side of Christmas, forcing the chain into heavy discounting which significantly squeezed its gross margin. Its shares have fallen 40 per cent in the past year. The picture is unlikely to improve in the short term, especially as the imminent introduction of a new accounting standard, IFRS 16, will force Debenhams to shine a spotlight on its 250 property leases.

Management expect a “material impact” to both the balance sheet and profit-and-loss account as a result. IFRS will affect all retailers who rent property by putting lease liabilities on the balance sheet. The fear with Debenhams is that it has long leases (25 years or so) with onerous exit clauses, etc.

[freedom97] 19/3/2018 07:57

You can still buy online if you can't get to the shops.

[diku] 18/3/2018 18:16

You have been thinking that when price was 350p!...Hope I am wrong...will that make you feel better?.. cold snap across the Country so this w/end probably a wash out for clothing retailers...

[qantas] 18/3/2018 16:24

Diku I don't think so....

[diku] 18/3/2018 09:12

Spring/summer collection on the shop floor...unfortunately winter returns with a cold snap...and the share price closing on new year lows...support broken suggesting capitulation still to come...probably around low 220p - 225p..

[andyj] 17/3/2018 09:03

It did not last long though did it?

[qantas] 15/3/2018 07:36

target='window'>https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=MKS.L

The chart showing Series 1 series.
Pattern Description This pattern is a made up of three candlesticks. The white candlesticks of the second and third day represent the rabbits ready to jump out of their burrow. The Two Rabbits pattern is the bullish equivalent of the Bearish Two Crows pattern. more...

Please do your own research.

[qantas] 13/3/2018 15:26

Spring Statement: Why is the chancellor so upbeat about the economy?

hancellor Philip Hammond predicted a bright future for the UK in his first Spring Statement - but why was he in such an upbeat and jovial mood?

Well, Mr Hammond predicted a rise in growth in the short term, and a fall in inflation, borrowing and debt.

He told MPs: "We have made solid progress towards building an economy that works for everyone."

What did he say about borrowing?
Mr Hammond said borrowing was due to fall in each of the next few years, with the 2017 figure of 2.2% of GDP predicted to drop to 0.9% in 2022.

As a result, debt as a percentage of GDP is predicted to go down every year up to 2022 - the first sustained drop in 17 years.

"That is a turning point in this nation's recovery from the financial crisis a decade ago," said Mr Hammond. "There is light at the end of the tunnel."

The OBR says inflation will fall to 2% by the end of the year - in line with the Bank of England's target.



Please do your own research.

[philanderer] 12/3/2018 17:13

Managers reveal why they won't invest in UK retailers


Investments in UK retailers are potentially a "disastrous" investment due a perfect storm of problems afflicting the sector, according to UK equity income fund managers.

Job Curtis, who runs the £1.5bn City of London investment trust, is somewhat more sanguine, and owns shares in a couple retailers, Kingfisher and Marks & Spencer.

Kingfisher owns DIY chains including Screwfix and B&Q.

Mr Curtis said the company can perform well despite the wider economic conditions as it reorganises, selling a reduced range of products that he thinks means the margins will be better.

He said: "With Marks & Spencer the key might be the appointment of Archie Norman as chairman.

"He has a tremendous record in the retail business, from his time at Asda and at Next. Marks & Spencer can improve its supply chain and it has far too much floor space, so that is something else it can work on."

[skyship] 12/3/2018 08:35

The fears of an andyj short has instigated a 2% rebound this morning!

[andyj] 11/3/2018 05:31

I hold Mks and believe that if you hold for the long term you will make a nice profit buying at this price as well as attractive dividends.However the lower low last week, together with the failure to break through 3.00 puts this in shorting territory for the coming months. Shorts have been increasing and now Mks is falling when the market rises. I will be building a short position this week.

[debsdowner] 10/3/2018 21:09

John Lewis fashion up and according to their results they are doing better than market sector yet profits slumped!

Doesn't give much hope for rest of sector. Who is the next retailer to go belly up?

[philanderer] 09/3/2018 18:04

At tonight's close MKS yields 6.7% with an unchanged dividend - hopefully sustainable.

Fingers crossed :-S

[buywell3] 09/3/2018 11:52

275p hit as predicted

[capeview] 09/3/2018 11:38

M&S and Waitrose were busy when I used them the other day within the space of a few days, one at the weekend the other during the week. Lots of offers and reduced items in both which could be down to the weather affecting supplies and people getting to the stores over the Snow periods, as some of the shelves in both stores were a little low on some items.

They both have great food too.

However, Waitrose unlike M&S have other things they can remove from the shopping experience in the case of free tea/coffee and newspapers when you buy a certain amount of food. How that impacts there bottom line I'm not sure, but maybe offset against profits??
There free weekly Waitrose paper and a monthly magazine(For myWaitrose members) which obviously cost a lot of money especially when you consider the waste of unused items could be an issue for non digital users, although they got rid of the weekly digital and now it's only the magazine.

So waitrose can get rid of those to improve costs. M&S don't really give any freebies that I know off, and they don't always seem to be offering many discounts/offers to entice customers in.

But the waitrose magazine is a great freebie with lots of useful info and insight into the industry and whats happening along with some great recipes.

I like Both, but unless there are discounts or offers, even with the quality of there food, it gets harder to shop in either, especially the M&S near us which is actually quite small so probably more expensive than a bigger store in the main town center which is harder to get too.

With regards to John Lewis, cutting there bonus is a good move because it keeps them in business and paying staff, but when they have a lot of staff in there JL stores standing around not doing a lot, you have to wonder if they deserve there bonuses.

I think the next few years are going to be important for both these Stores. One has the Shareholders to contend with where as the other is only beholden to there staff. Which one wins out could be a benefit for the other unless of course they both survive the next few years.

Then again, M&S does just keep going but how much more can they do?

[ignoble] 09/3/2018 10:40

Need the Tourists back in London
They seem to spend

[qantas] 09/3/2018 07:03

They say shorting is healthy for then markets and increases liquidity