Lupo di mare
30 Apr 2018
Re: An Open Letter to the Chairman I can't see that happening, schwee: the combination of A&S will allow Argos to grow, especially with the weight of Walmart behind it. That's very important.
schwee
29 Apr 2018
An Open Letter to the Chairman Dear Archie,With SBRY in play, this is your opportunity. It would probably cost MKS £7.5bn or so to gain control, and no doubt some of this could be financed by your own branded bank and probably that of SBRY's as well.The key is to get an irrevocable undertaking from the 22% holding in SBRY from the Qataris. You would be almost home and dry. And the CMA would be mightily relieved.There is no time to waste as a pound to a euro, Ahold, Carrefour, Leclerc and others we have never heard of from afar including PE are now doing their sums and booking flights to Doha.Get the chequebook out.
gamesinvestor
28 Apr 2018
Re: Sainsbury and Asda in talks I guess what it really means is that Walmart (Asda's owner) are intent on buying Sainsbury, who's shares will probably jump on Monday.not sure what difference it will make to M&S, unless it turns out that ASDA downscales the quality of Sainsbury.Games
stutes
28 Apr 2018
Sainsbury and Asda in talks Sky News reported possible merger of Asda and Sainsbury. If the deal happens how will it affect M&S in terms of competition going forward? Would Waitrose consider merging with M&S or Co-op?I thought Sainsbury would be a better fit with M&S? One thing is for sure Tesco/Booker deal is creating other opportunities/fallout.
IOMINVESTCOM
23 Apr 2018
Re: Broker upgrade (WebFG News) - With the shares down 10% year-to-date and limited downside to its unchanged price target of 285p, Credit Suisse upped its stance on retailer Marks & Spencer to 'neutral' from 'underperform' on Monday.The bank trimmed its pre-tax profit estimate for 2017/18 by 3% ahead of M&S's preliminary results on 23 May, to reflect weak trading in the fourth quarter due to poor weather.CS said it assumes pre-tax profit will drop a further 4.5% to £539m in 2018/19, driven by another year of weak like-for-like sales and assuming price investment continues in food, but with few FX pressures across the business.Credit Suisse said structural issues remain but the velocity of change in the business has picked up."Most of the issues we highlighted in our January downgrade note such as competition, weak demand, poor footfall, core demographics, space, lagging online haven't gone away; however, the last three months have seen signs of UK consumer environment starting to turn with real-wages beginning to recover, inflation easing particularly in food, aided by pound strength which should all give some breathing room to the transformation programme."The bank said that the flurry of announcements since January on management changes, store closures and logistics reflect the sense of urgency communicated by Archie Norman and Steve Rowe back in November."We believe execution still remains a risk given that leadership team apart from the CEO is mostly new," it added.At 1120 BST, the shares were up 0.4% to 281.70p.
Lupo di mare
23 Apr 2018
Broker upgrade No great shakes."Clothing and homewares retailer Marks & Spencer ended up 1.2% after Credit Suisse raised the group to Neutral from Underperform."I guess they reckon that it's fallen enough - and so say all of us.
stutes
19 Apr 2018
Banks and retailers moving more to internet [link] are no different to the High Street banks , more business is being switched to the internet and away from the stores/branches. The banks have boosted returns by closing branches so the same opportunity should be available to retailers with large number of High Street stores? M&S is already fine tuning its stores so the strategy could provide cost savings and better profits, along with its new focus on improving womenware generally from the young to more senior generations.
WhoSparticus
18 Apr 2018
Re: Suggestion No, I don't think so. I think they really need to work out their market, their product and the sectors they want to trade in. Then they should do it.
Gooffy
18 Apr 2018
Archie Another failure bites the dust.Nice one Archie
stutes
18 Apr 2018
Suggestion Should M&S explore expanding its homeware offering by targeting Dunhelm customers?
stutes
17 Apr 2018
Distribution depot to close [link]
illbetabuck
17 Apr 2018
Re: Long term recovery Seems to be going up quite nicely since I bought a few... 
...and GLG seem to be reducing short, short squeeze soon perhaps?GLG Partners LP 0.96% -0.17% 13 Apr 2018...happy days.
foglight
13 Apr 2018
Long term recovery I bought for my ISA today at 271p. Shares have been a weak market for some time now but, the sp imo discounts quite a bit of the disappointment we have seen. The new management has to be given time to get to grips with developing the online business and revamping the household and clothing sides. Although food was disappointing of late it remains a quality division. There remains a lot of room for improvement and I am hopeful that this management can drive the sp up from these low levels. The dividend should underpin the sp as well (sp 272p)
Gooffy
10 Apr 2018
Manipulated Obviously the big boys are short come on Archie give us some good news, Card delivered ok results this morning I suspect this is way oversold now.Could be wrong just keeps going down!!!Pretty sure Archie will be sorting things outLow PE good divi well covered.
philanderer
06 Apr 2018
Re: Read across today? Citi also downgraded MKS from 'buy' to 'neutral' , target cut from 400p to 260pGoldmans reiterated 'sell' and cut target from 275p to 255p
