Marks And Spencer Share Discussion Threads

[moorsie2] 16/5/2018 13:23

falling out of the FTSE 100 would do no harm to this share.

It might actually signal the entry point for some big funds that have been sellers for the last 2 years

[mornington crescent] 16/5/2018 07:35

In danger of being kicked out of FTSE100

[philanderer] 14/5/2018 23:37

Telegraph market report:

Merger warnings end brief M&S rally


City analysts dealt Marks & Spencer a pre-results blow with a warning that mergers in the supermarket sector could put the troubled high street icon’s sales under renewed pressure.

With M&S’s food market share shrinking, HSBC told investors that the FTSE 100 company lacks the scale to cope with increased competition after huge tie-ups between Asda and Sainsbury’s, and Booker and Tesco.

Both of M&S’s core clothing and food divisions are struggling to stay relevant amid tectonic shifts in the retail sector.

Analysts expect its annual pre-tax profit to slide 6.6pc in next week’s results and HSBC argued that the Sainsbury’s-Asda merger confirms that “scale is critical in food retailing”.

Synergies from the deals will lead to M&S’s rivals reducing prices and the company needs to evolve as fast as the competition, analyst Paul Rossington warned. The downgrade to “hold” knocked the wind out of the company’s recent rally, dragging it 3.7p lower to 289.6p.

[philanderer] 14/5/2018 23:29

MARKET REPORT: Unloved British stocks get backing of Morgan Stanley with US analysts highlighting pub firm Greene King and Marks & Spencer



Read more:

[qantas] 14/5/2018 17:33

Shorters doomed to failure.





Please do your own research.

[knowing] 14/5/2018 13:32

Turnaround strategy

[moorsie2] 14/5/2018 13:14

It is a very logical move.

M&S have almost a monopoly on the Grey brigade spend. That is the over 60's retired on good pensions and houses paid for and in very positive equity.

This group is large and growing and have and use their disposable income.

Go to any M&S and look at the clientele in the champagne bar, coffee shop, food hall, clothing etc .. a very good segment to be in at this point in the market

[knowing] 14/5/2018 13:09

See M&S are going to trial Opticians in store. May be lucrative with their clientele

[moorsie2] 14/5/2018 13:08

overdone markdown this morning.

Nobody is getting my shares at these prices....

[careful] 14/5/2018 09:00

It was the weather.
Who would go out shopping in that.
Old people were advised to stay indoors.

[philanderer] 14/5/2018 08:42

Store footfall in 'unprecedented' decline


Poor weather and a squeeze on spending caused a slide in the number of people visiting shops last month.

Footfall fell by 3.3% last month according to the British Retail Consortium (BRC) and Springboard.

That was lower than the 6% decline in March, but was still an "unprecedented" 4.8% decline over the two-month period.

Diane Wehrle, of Springboard, said: "Not since the depths of recession in 2009 has footfall over March and April declined to such a degree."

[countless] 13/5/2018 12:09

Well they were out in force Wednesday! From clothes to flowers. I did not go to the food hall then but that was busy yesterday and i picked up a very nice steak!

[diku] 12/5/2018 18:24

Thursday is normally OAPs day...think the Giro comes in!!...did you see what they were buying?...

[qantas] 10/5/2018 09:54

Morrisons updated the market on its trading on Thursday, reporting that for the 13 weeks to 6 May, group like-for-like sales excluding fuel were up 3.6%, comprising contributions from retail of 1.8% and wholesale of 1.8%. The FTSE 100 supermarket said group like-for-likes including fuel were up 1.9%. Total sales were ahead 3.8% excluding fuel, and 2.1% including fuel.

On the corporate front, Next rallied after the clothing retailer upgraded its profit guidance for the year, as it posted a rise in first-quarter sales thanks to unusually warm weather in recent weeks.

Please do your own research.

[countless] 10/5/2018 09:34

I was at Reading M&S yesterday and each till was busy serving older people mid morning. It seems OAPs love this shop!

[moorsie2] 10/5/2018 08:23

Hi quantas - you said the following last week

Shorts closing.



Next resistance is 297 pence.


--------

What makes you think that this is the barrier? (seems to be true so not arguing , just curious)

[moorsie2] 09/5/2018 19:07

9 trading days till results announced.

This was significantly oversold , yet the turnaround seems to be going well, consumers having some more money in their pocket with wages above inflation and interest rates held on lows

I am confident we will have a good run here and that good news will be in results compared to all the negatives in the sp

[qantas] 09/5/2018 17:10

Shorters doomed to failure.



Shorts now at 11.41% or 185,384,813 shares to buy back.

Please do your own research.

[philanderer] 09/5/2018 08:51

UK retailers suffer sharpest sales drop for 22 years in April

British Retail Consortium’s latest health check shows 3.1% fall, the biggest dip since its survey launched in 1995

[moorsie2] 04/5/2018 15:10

only 11 trading days after today to go to results...

This appears to be strengthening to return back to a 320 range before results on 23rd May

[qantas] 04/5/2018 09:34

Shorts closing.



Next resistance is 297 pence.



Greencore and Debenhams are investors’ least-loved stocks

Short sellers look for weakness in a company that the wider market has not yet spotted. Heavy short-selling is a barometer of sentiment, albeit an imperfect one.

Please do your own research...