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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

scotinvestor - 04 Jul 2008 19:24 - 54 of 974

what level will it go to to make it a buy, hyleo?

i dont short ....i hate shorters....should be outlawed like they done in pakistan.
banks taken to silly levels, housebuilders on verge of going bust, shops, supermarkets stuffed.....uk is being finished off by shorters.....bring back stalin, he';d have them liquidated and stop this capitalism nonsense which aint working

cynic - 04 Jul 2008 20:26 - 55 of 974

arsehole!
take a walk down your local high street and look at the "for sale" signs and the general lack of biz ...... surely that tells you plenty.
i would be very wary indeed of buying any high street stocks at all, when even John Lewis reports 8.3% fall in w/e 28th June and mid-price restaurants and the like are also being whacked ..... ASOS (which i don't hold unfortunately) is arguably the exception, though of course it is net based.

scotinvestor - 04 Jul 2008 22:35 - 56 of 974

general high street as u call it is awash with gypsies, thieves and other rif-raf......too busy trying to dodge them let alone look at empty shops....if they r empty as u say.
actually aberdeen shopping centres are absolutely mobbed as city is awash with money.....most people here are millionaires that i associate with and many cant understand the constant moaning by people in rest of country

scotinvestor - 04 Jul 2008 22:38 - 57 of 974

i thought for sale signs were on houses, not in high street

houses were politically driven up by gov.....its got to correct itself obviously as no-one lives in never never land.
expect 20-30% reduction to go

mitzy - 05 Jul 2008 09:20 - 58 of 974

sell to 200p.

cynic - 05 Jul 2008 11:26 - 59 of 974

aberdeen is something of a exception as its wealth derives from the off-shore oil industry so is (currently) relatively immune from economic downturn elsewhere in the country ....... however, am much amused to hear that its streets are awash with the Great Unwashed and worse, whereas our own little town in the south is not!

btw, how do you sell a shop? ..... you put up a For Sale sign - doh! ..... and don't be such a fathead about house prices being manipulated by the government ...... why do you think housing in Aberdeen is generally so much higher than probably anywhere else in Scotland? ...... supply and demand!

scotinvestor - 05 Jul 2008 20:14 - 60 of 974

no cynic......its cos of oil price here......just like 30 years ago. higher oil price means house prices go through the roof.....no pun intended, lol. when people talk of negative equirt, aberdeen had it at different time to rest of uk but of course news in uk never mentioned it......as usual, if london aint affected then it aint on the news

mitzy - 07 Jul 2008 14:45 - 61 of 974

These are going one way only.

scotinvestor - 07 Jul 2008 15:19 - 62 of 974

so are most shares......no need to gloat over a company struggling like it did in last bear market.....i dont hold but dont like to see things not doing well

SLEEPWELL - 15 Jul 2008 10:03 - 63 of 974

takeover bid very soon

justyi - 04 Sep 2008 12:12 - 64 of 974

It has become too obvious that M&S is showing that it has NO consideration for the well-being of its employees. It only cares about profit-making.
This is DISGUSTING. Employees and consumers would not be loyal to M&S anymore.

DOWN with M&S!!!



M&S 'whistleblower' gets the sack

M&S has sacked its employee who told the media about its plans to cut redundancy pay. A worker at Marks & Spencer (M&S) has been sacked after telling the media that the company planned to cut redundancy pay to staff.

The employee attended a disciplinary hearing on Monday, and was told on Wednesday that he was being dismissed for gross misconduct.

M&S said he broke the company's rules and regulations and deliberately leaked internal company information.

The employee contacted the media last month over the redundancy pay cuts.

The member of staff, who had worked for the company for 25 years, told the press that the company wanted to cut redundancy payments by up to 25%.

Speculative comments

A M&S spokeman said that the employee was sacked because he made derogatory and speculative comments to the media, despite a variety of internal routes available to address any concerns.

He added that the company could not be confident that the man, who worked at its head office, would not disclose information in this way again.

M&S has changed its original proposals following consultations with staff but has still reduced redundancy payouts.

The GMB union who represented the employee at the disciplinary hearing claimed that this was a gross act of corporate bullying.

It accused M&S of not being concerned about promoting open discussion regarding the direction of the company and the way in which staff were being treated.

The union says it will be appealing against the decision.


XSTEFFX - 04 Sep 2008 12:31 - 65 of 974

MUST BE A BUY THEN, SHAREHOLDERS FIRST.

hlyeo98 - 11 Sep 2008 12:10 - 66 of 974

With debt increasing from 1 billion to 2.5 billion and 2 latest profit warnings, MKS is a sell at 250p

hlyeo98 - 25 Sep 2008 14:38 - 67 of 974

222p now.

hlyeo98 - 02 Oct 2008 07:50 - 68 of 974

Marks & Spencer sales slump 6% - MoneyAM


Marks and Spencer, the UK's biggest clothing retailer, this morning reported a 6.1% drop in second-quarter underlying clothing and homewares sales, slightly better than forecasts, and said it was cutting spending in a tough trading environment.

The company said like-for-like sales fell 6.4% in the 13 weeks to September 27th.

Food sales on the same basis were down 5.9%.

Underlying general merchandise sales were forecast to fall 6.4% and food sales 6.5%.

Marks & Spencer shares have plunged over two-thirds in value over the past 18 months and was savaged after a profit warning in July, when the group said it was suffering from a consumer downturn and mistakes at its upmarket food business.

'Consumer confidence remains fragile and the retail environment unpredictable,' said Chairman Stuart Rose. 'Consumers are increasingly cautious about their budgets.'

M&S, whose 600-plus UK stores are visited by more than 21 million people every week, said it had stepped up promotions and, as a result, expected UK gross margin, a measure of profitability, to fall 100 basis points this financial year.

Faced with speculation it might have to cut its dividend, M&S said it would rein in capital spending to 700m from its previous guidance of 800m to 900m and would cut this to 400m next financial year.

XSTEFFX - 02 Oct 2008 08:52 - 69 of 974

Chart.aspx?Provider=EODIntra&Code=MKS&Si

XSTEFFX - 02 Oct 2008 08:55 - 70 of 974

TIME TO BUY 225

hlyeo98 - 02 Nov 2008 15:36 - 71 of 974

It's time to sell MKS at 220p.

Haystack - 02 Nov 2008 20:00 - 72 of 974

On the way to sub 200p.

mitzy - 02 Nov 2008 20:28 - 73 of 974

No position here but should it fall to 150/170p I would be interested





Chart.aspx?Provider=EODIntra&Code=MKS&Si
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