Marks And Spencer Share Discussion Threads

[qantas] 13/1/2019 16:14

What doesn't kill you makes you stronger.

[jackdaw4243] 12/1/2019 14:14

Certainly has the track record and the ability. Good timing.

[philanderer] 11/1/2019 10:20

updated:

11th jan Berenberg sell tp 250p cut from 260p
11th jan Liberum sell tp 225p cut from 250p
10th jan HSBC hold tp 285p
10th jan Citi hold tp 290p


10th jan ++++ Q3 update ++++

[philanderer] 10/1/2019 20:22

'Tesco and M&S stockpile tinned food to prepare for no-deal Brexit'

[philanderer] 10/1/2019 19:05

The main positives for MKS for me .. at last they are getting results from online sales and also not going for big price reductions. It's going to take time to turn it right round but there's now a good management in place.

[debsdowner] 10/1/2019 18:51

Number of points on retail today which may affect Marks.

Marks fall in sales not as bad as Debenhams and as such they could benefit through Debenhams demise.

Don't get carried away with John Lewis results the company growth not as good as the impression they gave.

I had already worked out John Lewis Partnership sales would be flat!

I worked out a 6 weeks trading compared to end of December and sales were flat on that basis.

This year they provided a 7 weeks trading including up to 5th January which distorted the same comparison last year and therefore showed a sales rise.

That is a deception imo.

It will all come out in the wash year end for JLP with 3 weeks left in year end trade they are on track for less sales on the year.

[philanderer] 10/1/2019 13:24

Brokers:

10th jan HSBC hold tp 285p
10th jan Citi hold tp 290p

--------------------

Michelle Wilson, analyst at Berenberg:

..overall performance could still lead to forecast downgrades depending on the margins achieved. She added that while the food result was better than expected, it was still “very poor and a significant underperformance on the sector”.

[philanderer] 10/1/2019 12:47

'M&S vows to shake off festive letdown'






'Marks & Spencer blames dismal November, heavy discounting by rivals and dwindling footfall for sluggish sales, but its shares still rise'

[philanderer] 10/1/2019 10:23

10th jan HSBC 'hold' tp 285p

reiterates

[philanderer] 10/1/2019 10:16

Agree careful , and a reasonable update especially considering this backdrop..



'Retailers suffered worst Christmas in a decade, says British Retail Consortium'

[careful] 10/1/2019 09:29

ok today, they are rightsizing the business.
the real stuff is invisible, financial discipline, cost savings, cash flow etc
guidance as before, all looks good.

A strong management team here.

[jackdaw4243] 09/1/2019 17:41

If the news was grim there would have been a bit of a sell off, at these levels MKS is a good contrarian bet for 2019.

I have been adding over the past few days, not enough to upset the SP, 3000 in total.

11% short is still a concern.

Also added OCDO , NMC SGE and AZN small lots

[philanderer] 09/1/2019 17:26

Fingers crossed for the morning.

[diku] 09/1/2019 15:06

Merge merge merge with another top end retailer...

[jackdaw4243] 09/1/2019 13:26

QANTAS

Kids go back 4th Feb Staff 28th Jan in Perth WA

[diku] 09/1/2019 09:20

Good morning Q...refer to my post of 7908 second paragraph...

[blueteam] 08/1/2019 13:46

Shorts starting to unwind, bet you will massive trades at the end of day, post close.

[qantas] 08/1/2019 12:38

diku Hammering up you must be pleased if you have any?

School finished now 20:37 in Perth WA.

Please do your own research.

[blueteam] 08/1/2019 10:39

I expect that most of the 11% shorters are closing before Thursday as it may be that this has had a better than expected xmas period. I would not be surprised to see this around the £3 mark on Thursday. Also always the chance of a bid or merger round the corner.

[diku] 08/1/2019 08:46

Merge merge merge with another top end retailer...

[diku] 08/1/2019 08:45

Good morning Q...please don't miss school today...or else you will be on naughty step...doing 100 repeat research lines...

[qantas] 08/1/2019 08:20

Morrisons sees stronger-than-expected Christmas sales, Greene King cheers festive numbers

Hammering up today.

Shorts doomed to failure.

Morrisons LFL sales up 3.6pc retail sales up 0.6pc over Christmas, wholesale business (which includes Amazon & Mccolls) up by 3pc

Morrisons reported stronger than expected retail sales over the festive period, supported by prices that were kept level with last year. As the first of the big four supermarkets to deliver its post-Christmas update, the Bradford-based group revealed group like-for-like sales of 3.6% in the nine weeks to 6 January. This comprised retail sales growth of 0.6%, with wholesale sales growing 3.0%.

Please do your own research as always.

[diku] 07/1/2019 19:06

When you look at the above Mks chart...how the price was kept below 300p most of the year 2018...and when it reached 310p it was quickly slammed down...