London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
****stan/ iran; palestine/israel; russia/ukraine; biden/trump; to name but a few. at any time one of these could lead to ww3. markets hate uncertainty. there is so much talk of increasing expenditure on the 'war machine'. the western leaders seem to think right is on their side when they will know from history that believing you have right/ god on your side is the sure fire way of having more wars. love and not war, jj
The macro is all over the place at the moment.
Since the new year we have had - fantastic results from the likes of M&S, Tesco and the discounters.
Higher inflation than expected - fuelling expectations that interest rates will stay high.
Contradictory retail sales figures - lower than expected sales fuelling expectations of interest rate cuts.
The net result is that share prices have tanked on sentiment - all VERY frustrating!
The retail sector was largely untroubled by today’s poor official sales figures, particularly as most leading players have delivered their festive updates.
Next shares rose 12p to 8398p and JD Sports Fashion added 0.7p to 108.95p, but Marks & Spencer fell 1.5p to 252.5p.🤷♂️
All seems a bit skewed at the moment
If overall sales were down and ours up then we've done even better.
Ken, thanks for explaining, every day is a school day.
Green, Duke, toffee, thanks for sharing. Toffee enjoy your trip and bring some heat back with you.
Do they really know what they are talking about? Today saying retail sales in December were down 3.4%, with food sales especially poor! Thought MKS and Tesco at least have already reported sales significantly higher!
Morning all,
Fforest we will be taking some profit, hot weather and my Speedo's are calling.
The rest will be put into an ISA.
Capital gains won't be a problem as we will only be taking a max of £6000 profit.
Wife’s sharesave recently matured and she was lucky enough to save 500p/m. Only got 257p/m this time around. Anyway she’s adding it her other shares from previous sharesave and will continue to do this for the current and following sharesave and hopes to reap the dividends for many years. We can worry about cgt in the future but for now will be holding for at least 7 years.
Ff, you were right the first time: It's "Gill and me" in this case. Removing the other person is an easy way to work out which is correct (although a general rule is that it tends to be I at the beginning of a sentence - hence "My husband and I" and me at the end of a sentence).
So: "It's cold right now but M&S felt most warming for Gill and me" would either become:
"felt most warming for I "- clearly nonsense
"felt most warming for me" - correct
Here endeth today's grammar lesson - Ken :-)
I don't work for M&S, but if I did I'd also consider the capital gains tax implications of selling all my shares in one chunk.
Our plan is S&S ISA's, we still feel there's growth to be had in the old girl and current
strategy hasn't been fully realised. No panic selling here.
Their plans! Hit the back of my hand with a ruler for that. And its Gill and I. 😅 and I failed GCSE English....and the other 7 yet have a degree, go figure.
Mass selling? Where did you get that idea from, are stores going to open later so staff have time to off load first thing?
I'd imagine the maturation of the sharesave scheme will be hot topic in the staff room and shop floor, there will be people with share dealing experience and Management with a good understanding of where the company is and having an input. If you'd put some of your hard earned away every month would you be selling at the first chance, dont think so. Staff will have also seen the SP drop 10%+ over the last ten days and I'm sure will wait it out unless thay had something pre planned. We dropped 10% over 10 days last March and then gained it back again over the next 10days, same could happen here and May isn't far away.
There are people on this BB with partners or friends who work in store, what are there plans?
Gla
Do you think the mass selling of sharesave shares will cause the sp to plummet in the short term?
Good afternoon. Yesterday I went into M&S in Reading with no particular aim in my mind, but between us we spent about £200, could easily have spent more, and she signed up for a credit card, which amazingly was immediately operational. Anyone holding shares here is recommended to pay your nearby M&S a visit. It was well set out, plenty of other customers, and attentive staff without being pushy. My girlfriend had until now been convinced that it was the place for food and underwear but finished up saying lets come back next week. Its cold right now but M&S felt most warming for Gill and me. JJ
I can reasure you all that all going to right direction. Nothing to worry at the moment regarding SP. Please note that I can confirm that post Xmas sale volumes are higher than last years (based on Kent and South east London distribution center area). Just hold and be patient and full year results will be over delivered.
Wait until 1st Feb onwards when 70m shares could get sold when employees see their shares that they bought for 82p!!!
Thanks guys
Always helpful
Always in thoughtful
Lets hope they are able to over-deliver for the full year results and Ocado partnership continues to improve. I remain positive and will continue to add on weaknesses.
Seem markets got ahead of themselves late last year betting on interest rate cuts, but with higher inflation in the UK today and stronger retail spending numbers in the US predictions for rate cuts are being pushed back. Markets have reacted accordingly which has affected MKS but when those cuts do eventually come things will pick up. Also cautious forward looking statement from MKS
The news article above states...Retailers Frasers and Marks & Spencer fell 2.0% and 2.4% over concerns about what higher for longer rates would mean for the consumer.
Lol, I'm fairly confident our average consumer will benefit from higher savings rates and those getting a 10% increase in state pension.
Can anyone shed light on why this sp has gone down so much?
i thought with all the positive new sp would hold
i will hold for now
gla
Tell me about it, my top ups in December aren't looking too wise..short term, but I can wait.
I'm out, market sucks and has gone downhill very quick since the new year
Spring seems a long way off, although I did see some daffs today