on retail sales - 1.4pct against an expected 0.4pct - add to this a resilient performance from Next = massive gain atm for MKS - 11p up and rising - it could go higher fuelled by short sellers bailing out - lets hope so
Looks like just some internal stuff with creation of New regional structures. Was thinking that may have been further news on disposal of international and maybe a director change. From the RNS Dec 8 thought that Patrick may not have long left in business as he as only one whose share bonus weren't performance led. Anyone else heard whispers that Andy Adcock the food director may be off to pastures new as well??
News of mini reorganisation tomorrow. Will be how they intend to prepare for future growth. Nothing spectacular and don't expect any real movement in SP from it. As regards to end of year, this share is currently priced for profits at end of year in region of 350-400m, anything less and will see potential drop of SP to around 270-280 mark. Half one profit was c25m which means need to match last years H2 to deliver that kind of number, which believe on track to do judging from their Q3… Read More
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.