Marks And Spencer Share Discussion Threads

[buywell3] 26/2/2019 19:27

Ocado

IMO

Sell on the rumor buy on the fact

This type of story is more usual in AIM stocks

I smell a rattus norvegicus

[diku] 26/2/2019 18:45

You one liner researcher poster here as well...you bring bad jinx...stay over at Debs...

[rochdae] 26/2/2019 16:58

Lots short here. Thinking they understand the whole industry. They don't.

[poikka] 26/2/2019 14:23

Is this just going to be groceries? Why not clothing - I don't mean alongside the bacon, ffs.

What do I know.

[philanderer] 26/2/2019 13:11

Couple of broker comments included..

'Ocado and Marks & Spencer confirm JV talks'

[philanderer] 26/2/2019 12:07

Thanks technovator , indeed what you said.

FT Alphaville..


BE
Ocado drops the UK grocery business bit into an M&S JV at a valuation of £1.8bn for the whole lot, which looks on the high side.

11:17 am
BE
The big question is, of course, how M&S can afford that.

11:18 am
BE
Given it's already nearly debt=3x ebitda and it's a retailer with gigantic lease liabilities coming onto the balance sheet due to IFRS etc.

11:19 am
BE
So ............ M&S rights issue?

11:19 am
Marks and Spencer Group PLC (MKS:LSE): Last: 301.20, up 7.5 (+2.55%), High: 301.50, Low: 292.20, Volume: 2.59m

[philanderer] 26/2/2019 12:00

Leaked to the London Ev Standard..

[philanderer] 26/2/2019 11:56

Oh, thanks technovator

[technovator] 26/2/2019 11:53

This story been leaked to press in order to ramp the share price. M & S will need a rights issue to fund such a joint venture.

[blueteam] 26/2/2019 11:42

here now


Marks and Spencer Group PLC (the "Company") - media speculation into potential deal with Ocado Group plc

Following press speculation, Marks and Spencer Group PLC confirms that it is in discussions with Ocado Group plc regarding a joint venture in UK Retail. There is no certainty that these discussions will result in any agreement or as to the timing of any such agreement.

So deal to be done, shorts will be a rush to close this week.

[blueteam] 26/2/2019 10:57

The good news is that the 10% who are short may well close as this rises and £4 can be reached short term. To get to £6 would mean a merger or bid deal going through.

[philanderer] 26/2/2019 10:46

Oh, sorry to hear that Folderboy :-S

[folderboy] 26/2/2019 10:28

Certainly not me - with an average purchase price closer to £6

[philanderer] 26/2/2019 10:26

300p , who'd have thunk it ;-)

[freedom97] 26/2/2019 09:52

MKS & other retailers doing well today due to strong the £, as those like MKS who import goods gain when the pound is strong.

MKS certainly made the right choice in employing Holly Willoughby to model their clothes. Will attract a lot more younger shoppers, so sales will be boosted.

[freedom97] 26/2/2019 09:44

Where did you hear/read this rumour? or is it just your rumour?

[blueteam] 26/2/2019 09:09

Rumour of a joint venture, who could that be. Will wait and see.

[philanderer] 25/2/2019 20:08

MKS the best one of my lot today :-)


'Holly Willoughby stuns in her new Marks & Spencer's denim range & you can buy it now'

[michaelmcandrew] 22/2/2019 19:23

Perfect match for who? [and why would John Lewis want to sell, or buy come to that?]

[diku] 22/2/2019 18:44

Waitrose and Mks would be a perfect match.....

[philanderer] 22/2/2019 12:40

Waitrose has been voted the nation's best supermarket in a league table of the UK's favourite supermarkets, unseating Aldi who claimed last year's top spot.

....Marks and Spencer (M&S) came second in the supermarket rankings, while online supermarket Ocado was rated best for home delivery.

[diku] 22/2/2019 08:28

Once again it is been squeezed tight within the 1 -2p range...guys watch out...its going to make a sharp move up/down soon...

[buywell3] 21/2/2019 12:13

buywell329 Nov '18 - 15:25 - 7833 of 7838 Edit

lots of lolly being thrown at this to try to stay over 300p

when the ammo runs out ... MKS numbers will dictate events