Marks And Spencer Share Discussion Threads

[loganair] 05/7/2018 23:36

Marconi - I feel most sorry for the CEO of the UK's GEC Lord Weinstock.

Any manager spending more then £5,000 would have to explain to him why they wanted to spend the money, he ran the company well.

When he retired he had over £400mln in GEC shares, bright sparks took over GEC and renamed the company Marconi. The bright sparks were wooed and wined and dined by the city to spend Marconi's huge cash pile on a load of over prices assets because the city boys were going to make a lot of money in fees.

This got Marconi into trouble and when the company started to go under instead of the bright spark directors doing their best to get Marconi out of trouble they spent the last month going round the city trying to save their pensions and at the time became famous for doing this instead of looking after the company under their care and stewardship.

When Marconi finally went under and came out the other end it was renamed Racal, the £400mln in original GE shares turned into around £40,000 of Racal shares.

[qantas] 05/7/2018 22:53

Shorts doomed to major failure.

Short hedge funds are closing now at 10.7%

Please do your own research...

[philanderer] 05/7/2018 21:43

Good point free. I remember Marconi and Asil Nadir' Polly Peck :-)

[freedom97] 05/7/2018 18:25

Anyone buying or selling shares based on what HSBC or any other company says on MKS, seriously need to do more research. Just look how many times they get it wrong.

I learnt my lesson about 18 years ago when two well known banks gave Marconi as their pick of the year for 2001 (I think it was) and one of them on the BBC2 lunchtime business program at the time, after the share price had crashed down from around £5 to 68p actually said, I urge you to buy marconi shares. Wished I ignored their advice, I thought well, they can't both be wrong and one of them seemed well respected and trustworthy, unfortunatelly I was new to share trading then, and thought banks would know more than I would. How wrong I was.

[philanderer] 05/7/2018 17:25

Wouldn't have thought we'd have had a good up day if that downgrade was correct. Hey ho on we go anyway. Thanks for the reply by the way :-)

[qantas] 05/7/2018 14:27

Shorters doomed to failure. Frying to day.



Bank of England governor Mark Carney upbeat on UK growth



Please do your own research

[knowing] 05/7/2018 14:20

Really strange others are stating 300p (from 400p)

[knowing] 05/7/2018 14:18

Director Talk

[diku] 05/7/2018 14:07

Bypassed the SMA 200...

[philanderer] 05/7/2018 14:03

Knowing , what's your source on that because Stockmarketwire came out with similar this morning

5 July 2018 | 08:10am

StockMarketWire.com - HSBC today downgrades its investment rating on Marks & Spencer Group PLC [LON:MKS] to hold (from buy) and cut its price target to 300p (from 400p).

Looks like an error to me as I've had HSBC with a 'hold' on MKS and a 300p target since the 14th may

15th june Liberum sell -
12th june Citigroup neutral tp 300p
25th may CFRA hold tp 320p
24th may Goldmans sell tp 270p
24th may Deutsche hold tp 325p
23rd may Peel Hunt buy -


23rd may +++++ prelims +++++


21st may Jefferies buy tp 370p
14th may HSBC hold tp 300p
30th april Investec hold -
23rd april Crediit Suisse neutral tp 285p
19th april Shore Cap hold tp 281p
17th april RBC Capital outperform tp 310p
13th april JP Morgan underweight tp 250p
10th april UBS neutral tp 275p
5th march Morgan Stanley overweight tp 400p
16th jan Barclays overweight tp 370p
12th jan Soc Gen sell tp 275p

11th jan +++++ trading update +++++

[knowing] 05/7/2018 13:54

Downgrade and 305.5p target by HSBC

[philanderer] 05/7/2018 09:46

'Marks and Spencer finally launch summer sale - and these are the best deals'

[philanderer] 05/7/2018 09:34

Iceland tops supermarket satisfaction list


Iceland has been named the UK's top supermarket for customer satisfaction for the first time.

The UK Customer Satisfaction Index surveys 10,000 consumers, is released twice a year, and covers all types of business.

Iceland came 10th overall - the highest performing food retailer - while the online giant Amazon came top of the list for the sixth time in a row.

Waitrose was 17th while Aldi and M&S Food were joint 23rd.

The survey measures more than 30 aspects of customer service, including staff professionalism, the quality and efficiency of the service, trust, and transparency

Amazon scored 86.7 out of a potential 100. John Lewis came second, getting 86.5 out of 100.

[philanderer] 04/7/2018 21:28

Include the final 11.9p dividend which will be paid next week and we're now +3p for 2018 which is more than can be said for the FTSE100 and FTSE250 👍

[knowing] 04/7/2018 15:53

Looks like we may have moved into an uptrend

[qantas] 04/7/2018 14:59

Desperate Shorters doomed to failure.



Please do your own research.

[philanderer] 04/7/2018 14:54

:-)


'Looks We Love: Gareth Southgate's M&S Waistcoat At The England VS Columbia World Cup Game'

[philanderer] 04/7/2018 13:59

Good strength today :-)


'Retailers call for high street restructure, with sales tax to replace business rates'

[philanderer] 04/7/2018 13:51

New Asos chief takes on old boss at M&S: Adam Crozier and Archie Norman battle to win fashion war

[gbenson1] 04/7/2018 13:30

Nice buying momentum, feels as though it wants to push a lot higher!

[philanderer] 03/7/2018 22:46

Evening pat , sorry for the delay in replying.

Yes, holding a pretty defensive high yield portfolio. Quite happy to hold what I've got at the moment, a mix of UK and overseas earners. Can't see the indices doing much one way or the other for the forseeable future, baring a black swan event of course.

Just about beating the FTSE100 and 250 for the first six months +1.8%

[knowing] 03/7/2018 22:21

Pretty Bullish write up

[freedom97] 03/7/2018 19:46

Sorry QANTAS for mispelling your name, not sure how the U got typed. Must get my eyes tested.

I know Shorttracker does not include Hedge Funds shorts less than 0.5% or pi shorts but don't remember seeing any website that shows total percentage of all the less than 0.5% shorts etc. The Mail must have access to the info to say "reached almost 17 per cent of Marks & Spencer’s stock last week." Over a month ago I remember seeing just over 12% showing on Shorttracker and as I hadn't checked Shorttracker for about a month, thought the total Hedge funds shorts must have shot up as the Mail article seemed to be saying rapidly increased last week. Hence my post.

Do you know of a website that shows the grand total of the less than .05% shorts? or a site that shows the grand total of ALL shorts near 17%?

[qantas] 03/7/2018 18:03

Freedom knows at lot.

Short tracker only follows Hedge funds the clingons IE Jo public it does not.

I wish some people would read and digest and no U in QANTAS.

Please do your own research.

[loganair] 03/7/2018 11:24

M&S are really needing to sort themselves out with Tesco getting into bed with Carrefour, Sainsbury's/Asda, Morrison/Amazon/McColl's.