Confidence could be uplifted again...not a colossal amount 13000 shares but at a good level no doubt, could rise here again...

Bought myself as a result, as chart appears to give me confidence...

sold out of mks for today...

reason need funds for other Tech opportunities around for expected xmax rise..

gone for Colt and Logica...my best two, expect both to hit past their highs...MKS wont give me that kind of rise i dont think until a statment is given by MKS..

jules99..

Tend to agree with your thinking Jules - good luck with your
'new babies' may they grow well for you!!! No doubt will
bump into you in the MKS arena another time - possibly in
the Par Uno section or browsing the wines...

The problem with buying into MKS in the high 270's,
as I see it, is that the old 280p support will now
act as resistance.

You either need to buy it above 280p for a breakout
or buy at the 269/270p level if you think that the
March lows will continue to hold.

Melnibone.

Agreed I bought in at 272 (ish) it's a reasonable divi payer
so pays its way whilst it is necessary to wait for it to
go higher to sell at a profit.

NEWS

Daily Express and Daily Mail Upbeat rgds aj

Music to the ears ajren!!!

Sunday Telegraph
Holmes c.e.o.

Turn around strategy:-
Focus on -
1- Food
2- New credit card
3- Homeware
The group appears - his words - to be maintaining its market share in clothing.
But in knitwear and formal - 2 of its more important lines - it is not sparkling
rgds aj

Interesting...years back M&S homeware was much bigger business than
of more recent years - you could collect with easy whole dinner
services and all the matching kitchen accessories - I know I did
in the early 80's (laugh) so they may move back to what used to be.....
Interesting....
Thanks Aj!!

Bridged the 280p mark!!!

well done chaps...either way my logica is rising up on NHS contract deal...so we're all winners...:-))))))

Absolutely - you never know Logica may 'do the business' for you
in time for you to buy back into Marks and still get the main rise
(early next year I reckon) You got any M&S homeware about the place
too Jules??

New stores in the offing - stocking Per Uno brand clothing,
sounds a good idea to me, what do other MKS holders think??

If you take Per Uno out of the main stores, as well as operating fashion only stores in out of town retail parks, what will be left in the main stores? perhaps more space for the profitable food halls?

Food halls and possibly the homeware side they want to develop?
I can't see them stopping offering clothes on the high street,
I just wonder if these Per Uno stores will be simply additional
to get a foothold in the sort of areas that matalan etc are usually
found....Only problem may be price....

Rising well today - not sure why but it's good to see!!

What are the assets and brand worth to a bidder???

News today for us long standing (suffering) MKS holders - any views??


Marks & Spencer to launch four sub-brands for womenswear
AFX


LONDON (AFX) - Marks & Spencer PLC plans to launch four sub-brands for its struggling womenswear business, including Signature, Classics, Aimee and Piece-by-Piece, reports the Daily Telegraph without citing sources.

Chief Executive Roger Holmes is expected to unveil some of the sub-brands when he announces the company's full-year figures next Tuesday.

The Telegraph said Holmes and his new head of general merchandise Vittorio Radice believe sub-brands, and segmenting its womenswear offering, is the key to improving sales.

ttt

Will this price hike just be a spkie (I remember zoo) or could it hold up at this level. I haven't got a clue!