Marks And Spencer Share Discussion Threads

[buywell3] 31/5/2018 13:36

MKS missed the FTSE 100 drop this time

Next time IMO they go down

250p chartwise IMO next low

[essentialinvestor] 31/5/2018 13:25

Amazon could turn it in to a goldmine.

[loganair] 31/5/2018 13:14

Ess - M&S started to lose their dominance long before the on-line era as they started their fall from the early 1990's.

They lost their dominance in clothing for one main reason and that is they decided to go into Fashion and therefore their core customer base started to drain away.

[philanderer] 31/5/2018 12:13

diku, I can see that happening one day.

[essentialinvestor] 31/5/2018 11:42

Careful,
The definition of loyalty has changed with a huge amount of options
and competition.

[diku] 31/5/2018 10:35

Maybe Amazon is waiting to snap up Mks on the cheap...remember how Asda got taken over by Walmart all those years ago...

[careful] 31/5/2018 10:12

Older shoppers tend to be loyal to MKS.
I always buy clothes there because the quality/price seems good to me and I can't be bothered to try anywhere else.
They call this consumer inertia and I have it in spades.

As for online, it is difficult for online to do well in clothes and food.
About 5% of food is bought online and it seems to be stuck at that level.

Clothes online, is very difficult. We have tried it.
Sometimes the texture seems wrong, or the size not quite right.
Returns are enormous and have to be packed, then repackaged back at the warehouse.
..and we always have to be in to take deliveries.

Little wonder Amazon makes no profit on retail, pays no dividend, and is on a PE of 242.
Stores may one day drive them out of business as it is too expensive to transport goods around.

[essentialinvestor] 31/5/2018 09:46

MKS were dominant in clothing before the online era, and the rise of Primark,
Matalan, ASOS, AMAZON and the multidude of other options now available.
They can never return to that time and trading conditions as it no longer exits.

It's easy to forget how few options there were 15-20 years ago.

[loganair] 31/5/2018 09:35

Ess - I wouldn't buy MKS at the moment because at best the dividend will stay static and until they return to their core customer base and expertise their profits will remain static and their share price will not be going any where, definitely will not be going up.

[essentialinvestor] 31/5/2018 09:28

Tempted to buy a few last Friday, but MKS has never been good to me.

[philanderer] 31/5/2018 08:56

Yes, +2p netting off the dividend 👍

[careful] 31/5/2018 08:32

ex divi today 11.9p.
up apart from that.

[diku] 31/5/2018 08:17

They use the word dealmaking....about time the Mks board take a leaf out of that book...do deal whilst choices are there or you dig your own grave...


Ocado is joining the FTSE 100 after seeing a big jump in its share price following a year of dealmaking.

[opodio] 31/5/2018 08:12

We have announced a final dividend of 11.9p (full year dividend 18.7p, level year-on-year). This will be paid on 13 July 2018 to shareholders on the register of members as at close of business on 1 June 2018

[diku] 31/5/2018 08:08

Wonder if some of the fundies have already been dumping...lost faith in jam tomorrow by board...take a leaf out of the Sbry-Asda book...do a mega deal...

[philanderer] 31/5/2018 00:28

'A lesson in IT from M&S -- adapting to a digital-first world'

[loganair] 30/5/2018 20:12

Unless M&S rapidly return to their core customers and expertise they are very likely to to be demoted to the FTSE 250 when the next review comes around.

[philanderer] 30/5/2018 19:59

'Ocado elevated to the FTSE 100, while M&S avoids the drop'


Ocado is joining the FTSE 100 after seeing a big jump in its share price following a year of dealmaking.

The online retailer's promotion to the blue chip index was confirmed on Wednesday in the latest quarterly reshuffle.

Ocado is joined by betting firm GVC, owner of Ladbrokes Coral, while G4S and Mediclinic are demoted to the FTSE 250.

Marks & Spencer, in the FTSE 100 since the index was launched in 1984, just avoided the drop.

[loganair] 30/5/2018 12:12

O'dear! when will M&S ever learn still pushing fashion, they need to return to selling stylish clothes to their core market customer.

[philanderer] 30/5/2018 12:02

:-)

'Fans go wild for Christine Lampard's Marks & Spencer dress - and it's selling out FAST'

[diku] 30/5/2018 07:50

Think MM will want to sucker/lock in divi seekers today by keeping it below 300p...tomorrow it opens around 289p- 292p...

[1corrado] 30/5/2018 07:03

Can i still buy share today at MKS and get the dividend of 11.9p and need to keep them till tomorrow and then I can sell it on Friday and still be entitled to the payment of the dividend.Can any one reply.Thanks.