Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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PFen, To help you out a little. In January 2015 the highest share price was £469.80 which was Friday 2nd January 2015. And in case you got your months muddled up the absolute highest share price in the whole of 2015 was Friday 1st May 2015.
The only other date in the last 20 years it’s reached values above the price you say you bought at was In 2007.
So what you’re saying PFen really doesn’t add up. You see M&S have only ever been at £6 and above in 2007, and they never have been higher than £573. Since.
PFen,
So what DATE did you buy your M&S shares at £5.998 in Jan 2015???
My point about stop losses is you asked why i didn't sell earlier. I thought the buy in price was cheap and they would rebound and never imagined that years later they would be in this position. I simply wonder if those who bought in at 1.10 had stop losses and closed out or simply bought more when the price dropped still believing they are cheap. I don't short sell. I don't wish for MKS to fail. Just don't know what itsgoing to take for this to turn around as the momentum for years has now been downward
Why are you holding if you have no faith in the company and feel its in decline?
You're preaching stop losses and calling people that don't have stop lesses that are holding a so called lie...
Yet you say you're holding? Yes course mate. You're either short or want yourself some cheaper shares otherwise you would not be wasting your time here
Reached 5.73 in 1 May 2015 , but had never been higher than this until back in 2007. You said £6 that was 2007, and you got them with your pension (SIPP presumably)
The share hit £5.998 in Jan 2015.
Hence 5 years in the price is under £1.00 and heading south every day against the hopes of those on the site. Just one way traffic. Tesco was 2.20 in 2015 and is still 2.20. Other supermarkets within range. Mks down over 80%. Clorhing range has dragged the company down for 6 years but like a dog with a bone they won't let it go. Love to understand the logic as to why MKS has outperformed peers for all the wrong reasons. Will be down another 4% today the way its heading and the excuse can't be because the markets are falling. The markets rallied yesterday and MKS only just managed blue after trading. I guess those with 5% stop margins must have closed out by now. No probably holding on and averaging because they feel the price is lie.thats what was said at 5,4,3,2,1. I am holding a lot of shares in MKS and hope for success. All I know is there appears to be no end in sight to the decline and the current management aren't up to the task,hence the position marks is in
Neil do you mean your first buy was at 78? Guessing you've averaged up since with recent buys but what a position you're in, be laughing come September IMO
My Error, missed that low
16 March 2020, could have got much lower though at 73p but I hesitated.
i am puzzled, how do you achieve a .78 average , i can`t see where the share hit 78P, never mind more than one buy to average down to 78P
Well the last time this stock reached £6 was 2007, so I feel for the investors who have been around 13 years presumably hanging onto dividends? But why would any investor do this ? Surely the limit and alarms would have been flashing at 550? But to be sat watching for 13 years an equity reduction so huge it’s beyond incompetence isn’t it? Glad I’m in at 78p av. Although I must stop topping up !! I see this as a long haul of years and years climbing, and of course a divi reintroduced in a year. Good luck all.
MKS like most ftse stocks dominated at present by macro economics - china issue/brexit/covid yada yada yada - so will continue treading water until there is some clarity on these factors - lots to be positive though going forward, Ocado 1st Sept, Christmas then on the horizon - if a lid can be kept on cv it should be good for MKS going forward - I am a buyer below 1 pound and have added at this level and will continue to do so - gla and dyor
I agree Chilting, it is moving with the market, MMA still lined up with a breakout to 107, but this needs volume, sadly volume is missing from all sectors at present as Iv seen in pharma.
falkland
I think that the SP is simply moving on day to day sentiment in a low volume, high volatility market that has little to do with the prospects of M&S and much more to do with the shorts exploiting the volatility.
This will I think continue right into the Autumn, if you are in the market to top up buy on the dips - good luck spotting them.
Got another 20k's worth - just finished watching the AGM - outlook looks very positive.