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Marks & Spencer £20 coming soon (MKS)     

tobyboy - 05 Jun 2007 16:10

anything under 7 cheap cheap cheap. good div. just paid. chart looks sick

tabasco - 26 Nov 2008 17:48 - 387 of 974

Haystack.I am pi**ing myself laughing.great post very funny.which shows people that they dont need to be rude to get their point overI take it that sticky toffee pudding with thick custard dont ring your bell.I dont think a spiv like Green will get another chancehis bhs shops are like going back in timesmashey and nicey
Did you like the britvic tip.that was a shock wasnt it isnt it.watch this spaceand I think you will get another surprise with M&S? going for a glass.

Haystack - 26 Nov 2008 18:48 - 388 of 974

Sticky toffee pudding can be obtained anywhere just as good as M&S.

I have worked as a consultant at Woolworth in Marylebone, Tesco in Cheshunt and M&S at Baker Street. I have senior contacts at M&S, ASDA, a very, very senior contact at Sainsbury and out of all of them Sainsbury and M&S are in trouble over the next year - M&S being the worst.

Going into BHS was like M&S was in their heyday. Lots of things you were tempted to buy. In fact I did buy quite a lot in BHS. In M&S I only bought a packet of 3 white shirts for one of my sons to wear at school. That was only because M&S were the last stop and I had forgotten to buy them earlier. He gets through an alarming number of white shirts. At least the other one wears grey shirts at his school.

cynic - 26 Nov 2008 19:15 - 389 of 974

it will be interesting to see what general reaction there will be tomorrow to the retail sector with the final demise of MFI and WFW going into admin ...... awful lot of jobless if nothing else - qv ASC in that respect

Haystack - 26 Nov 2008 19:58 - 390 of 974

If the businesses do actually fold up rather than continue in admin then there will be an almighty fallout. One of the things that keeps M&S's sp up is their property portfolio. With the possibility of Woolies and MFI's shops being up for grabs piecemeal, the book value of retail property will need to be reconsidered. I have seen estimates in the past that M&S have around 120p or maybe a bit more of their sp made up of property value.

tabasco - 26 Nov 2008 20:04 - 391 of 974

Haystack.you lost the plot when you said sticky toffee pudding could be obtained anywhere as good as MKS we also have a lot of contactsand you are simply wrong.your contacts are shafting you.let us see!BHS is second class.a joke with those in the know!let time be the judge

Gausie - 27 Nov 2008 10:34 - 392 of 974

Now short 215.75

Haystack - 27 Nov 2008 11:03 - 393 of 974

The owner of Currys and PC World has warned of a "tough and volatile" retail climate after plunging almost 30m into the red.

DSG International posted underlying losses of 29.8m in the 24 weeks to October 18. The year before, it made a profit of 52.4m. Like-for-like sales across the group fell 7% over the period. The firm's losses come in a week which has seen fellow retailers Woolworths and MFI fall into administration.

DSG said it was "prepared for a recessionary environment" but added that the outlook for Christmas and 2009 was bleak. Currys and Currys.digital saw lower customer footfall during the first half with consumers reluctant to spend on big-ticket items. "The white goods market has been impacted by slowing housing transactions," the group said.

Despite price-cutting, like-for-like sales fell 7% as the division posted a 22.3m operating loss. DSG's UK computing division - including PC World - saw an 11% drop in sales. There was some cheer as DSG's programme of store revamps bore early fruit. Stores opened under the new format for more than a month were selling 25% more goods than others in the group.

DSG says it is reducing costs - including shareholder payouts and 30m in capital spending - as it focuses on cash generation.

Gausie - 27 Nov 2008 11:07 - 394 of 974

Waiting for an add @ 218 to get hit.

tabasco - 27 Nov 2008 11:18 - 395 of 974

Gausielike I saidyou are all beating yourselves upand wasting a lot of time in the process for a few coppersI only have to call a stock right once for a huge profityou have to call a stock ongoing for f/uthere is room for both of us.waiting for the insults sir!

cynic - 27 Nov 2008 11:21 - 396 of 974

or call it wrong for a huge loss!
without trying to be a smartarse, for i do it naturally, you are currently running a loss of about 40k on your HAWK holding ...... that the company may (or may not) come good in the fullness of time, is not strictly relevant

tabasco - 27 Nov 2008 11:28 - 397 of 974

Am I Cynic?

cynic - 27 Nov 2008 11:37 - 398 of 974

your numbers, not mine
you said you had about 300k HAWK shares at an average of 38p
HAWK is currently 27p

tabasco - 27 Nov 2008 11:47 - 399 of 974

You have been drinking too much Chateauneuf Du Pape!

CynicI was having the same comments by traders in 2000 when M&S were in freefallI backed my judgement and kept averaging down to under 2..on top of that we cash in all company schemes and took max. options that year. in 2006 schemes maturedholdings were sold down to spread portfoliotwo tradesserious money.there is room for both of us!

hilary - 27 Nov 2008 11:52 - 400 of 974

If there's room for both sides, Chilli, why do you go on so much about bears who destroy shareholder value and call for short selling to be banned and cheer everytime that a hedge fund shuts up shop?

cynic - 27 Nov 2008 11:54 - 401 of 974

apologies tabby .... it is gnash!
btw, last night it was Moss Wood 2000 - a pinot from Oz

tabasco - 27 Nov 2008 12:19 - 402 of 974

Cynicno problem my friend
HilaryI dont like the word borrow but I am just a wind up I supposeI listen to a few plums on here and choke when drinking my winea bit of bantera bit of laughterit doesnt take me long to assess personalities

Gausie - 27 Nov 2008 12:24 - 403 of 974

added again to short - 220.5 - average is 218

Haystack - 27 Nov 2008 13:07 - 404 of 974

It is interesting looking at the order book. You can see a 100k buy at 214p and a 100k sell at 224.75 from Winterfloods. They are working the channel as well.

tabasco - 27 Nov 2008 13:30 - 405 of 974

How are you doing today Gausieis your shorts round your ankleskeep paying you taxes like a true Brit.I wish you well.

Gausie - 27 Nov 2008 13:37 - 406 of 974

tabby - the nice thing about MKS shorts is you can take them back if you change your mind.
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