Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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.
Let's see what the last couple of hours bring...
no leaked results then?
Tribal - that's gotta be one of the best posts in ages
Nice one Tribalhound. :o). I'm looking for share price growth not sparks points. MKS down 8% since start July. I remain on the fence as I believe extra costs or writedowns will be outlined in tomorrow's results.
Let's see, not long now..
Don't be such a Debbie Downer..... You buy M&S - you get a bit of Ocado - but you buy M&S at a turning point in their history.
Live for today and long for the future - no need to dwell on the shady past.
Christmas is coming - have some M&S mulled wine with M&S luxury minced pies delivered to your door (if you want) - and know that while some gets sparks points - you get cash back in dividends, growth in your investment and that warm fuzzy feeling that you played a part in their history.
It could appear that way. Unfortunately it's far more complex than that.
Corrected - still a BOGOFF though ;)
Would correct you there. MKS bought half of Ocado retail not half of Ocado as you state.
Pandemic aside - although M&S survived the last one and two world wars after, so I really don't think they're going to the dogs. For a company that's been around for 140 years the current pipeline represents some of the biggest changes in their history, and none lose sight of either 'Make me' OR 'Save me' money.
There's Plan A that everyone seems to be overlooking - making their stores more self sustaining and reducing their carbon footprint. Once the dust settles after the current situation, and we all appreciate life a little bit more, M&S will be at the forefront of driving the changes in main high street retailers along with an attitude to preserve our planet for the future. I see 'self sustaining' as major expense reductions and a more competitive edge. Hell, they're already recycling baguettes into garlic bread.
Add to that their move to a much more digitised operation model with customer communication / analytics at their fingertips. Banking, insurance and energy as additional income streams.
Buying half of Ocado was a shrewd move, since not only do they get half the Ocodo current business overnight, but they have one of the strongest and well tested delivery models ready to go without any expensive lessons along the way.
If you ask me - anything below £1.50 a share is a steal, and that £1.50 includes a 50% stake in Ocado thrown in for free (those of us who held shares before paid for it & no need to get sucked into buying inflated Ocado shares).
The ONLY thing they're doing wrong right now is not pushing their premium foods through the Ocado network either hard or fast enough at a time when the country are using home shopping far more.... if they could just get their 'Christmas done for you' shopping sorted that would be a massive boost as they're missing a trick right now.
But neither partner will want to sleep on this for too long - and when you see M&S food with Ocado delivery really take off you'll be wondering why there was any bickering at all in 2020.
There are retailers....... and there are M&S retailers - A slice of 140 year old British history for under £1 ?? - Sign me up for some more as I'll just keep accumulating.
You are having trouble reading. I said MKS was "an apple with a rotten core". A comment chilting agreed with.
The comment was made on the Ocado board not here. It's very odd that you are trying to police what is said on other boards about MKS. It shows again your controlling nature.
As Trojanhorse says, let's keep this board on MKS research.
So you’re now trying to justify calling a new Joint venture partner of Ocado, wait for it......
Value called M&S on the Ocado board, wait for it....
‘Rotten to the core’
And that makes it okay because you said it on the Ocado board? It makes it okay because you said it and others may agree?
A partner of Ocado, an equity you bought at 500 and got to 2900 is ‘rotton to the core’
Sad or what! You bully M&S behind its back and it’s okay?
It’s insane not to understand the importance of M&S to Ocado.
Try for just one little second to imagine the Ocado share price if M&S went sadly into administration. Before you say it NO there is no other company ready or needs Ocado in UK-it’s home market.
It’s insanity value you know it and so does everyone else!
seriously guys, can we keep this to M&S research.
On the Ocado board in July we were discussing other grocery companies. I remarked that MKS was an apple with a rotten core (a remark chilting, longstanding MKS investor and current board contributor agreed with).
It was an innocuous discussion on another share board. You have picked this one comment and use it to validate the torrent of abuse you throw at me daily.
You try to quell and drown out any contributor who dares post anything about what could be causing the drag in MKS's share price. Simply bully boy tactics. I'm not sure you know any other way.
You call M&S ‘rotten to the core’ over on the Ocado board . And you say bullying and name calling??!
That’s what I said Valuings
Can you read?
I've not said that on this MKS board and you know that.
Misogynistic language, name calling and all the other insults you throw only demean yourself
Has the ‘rotten to the core’ had enough? You like giving it but can’t take it-like a spoilt brat!
I won't respond to your abusive language Neil.
Again lack of basic courtesy.
Shifting the focus to another share is easier than in-depth discussion for you.
Yawn yawn ! Meanwhile Ocado down 22% in just a few weeks! 3.5% down today!
We discuss all sorts on the Ocado board. Tesco's and Sainsburys have been called many names by others. Odd that you are trying to police other boards.Shows your controlling character.
Courtesy beyond you still.
‘Bullying’ haha coming out of your brain Valueing that is funny, takes one to know one!
You call M&S ‘rotten to the core’ over on the Ocado board . And you say bullying and name calling??!
Well here’s name calling you idiot! Push off and look after Ocado currently down another 3.57% so far today. Go debate how long a court case lasts in UK & US, that should keep you busy for a few years.
Nutcase!
Neil,
Basic courtesy costs nothing. Yawn yawn is condescending and again reverts back to your bullying ways. You'd love to hear nothing but positive views of course.
Best of luck all. Fascinating to see how this all unfolds.
Yes definitely, as Cheap said its currently take your pick of the majority of shares with all the drops the markets have handed us this week! We've been lucky this year, FTSE shares acting like AIM shares , so many opportunities for trading and holding. Good luck to us all!
yes ocado dropped as well ...so the person with balanced views would also say that there is plenty of scope for improvement from there .....i believe there is
70s was a flash in the pan quick drop then back above 85 and well into 90s. Not closed below 85.
Yes Shagger dropped from 120 so loads of potential for a substantial rise from these levels. Ocado dropped from 2900 to currently 2300 so similar drop there...
Marks are in a much stronger position now than they were, online sales have increased massively and Christmas sales now well underway