Member Info for Bobsto12

People esp young but also a lot of older Peops dont buy clothes from m&s because the styling is often a bit naff. It is increasingly beyond belief that they haven't managed to ever fix this.
The skinny clothes fiasco is a new low but if they ever got things right the clothing could really take off.
In the 70s and 80s m&s had a reputation as being pretty sharp. They invented the market for pre prepared sandwiches and ready grated cheese etc. Everyone said they were mad.

It is being reported that the reason for the poor menswear performance was that they filled a load of floor space with skinny fit shirts and trousers that their middle aged customers don't want. Speaking as a customer I can verify this was true and obviously a major and annoying blunder.
As a potential investor it sums up why I don't trust the management to turn around clothing as it's an extreme example of the witlessness that has bedevilled the clothing side of things for years.
The annoying thing is it wouldn't probably take much more than having a good retailer with an eye for detail to change things but it never happens.
That's why I'm staying out for now.

This is probably worth a gamble on. You have to assume that all that money being spent on integration is going to pay off at some point.
I expect company will be sold in bits anyway even if it doesn't.

Concern has to be that the poor trading performance is accelerating possibly a victim of management focus on continuous restructuring and integration. They sell software licenses so revenue shortfalls go straight to bottom.
If they sort out the integration there is a real opportunity for the brave but it's not a gamble I'd take yet.

Speaking as a mercifully small holder in Woodfords suspended fund I think Woodford loved the thought he had a special relationship with the management of some companies and just wasn't critical enough of their business cases.
I live in hope that his luck changes but theres no sign of it.
I think most people invested in his fund thinking it was a boring safe place . Ha ha.

Im incredulous if the performance criteria have been waived.

I think investors look at the badly managed alternatives

My view entirely. Ashley has a minority shareholding he needs more shares to control the company otherwise what is the point of him being involved.all shareholders have to do is hold out he is bound to try offering a bit more.No doubt institutions will give in and sell.

Ashley only has 38% of Game. If he wants to control the co he needs more . If shareholders refuse to sell at 30p surely he must increase the offer?

That's the thing with gmd, i've always hung on because it always should be worth a lot more than the current share price but it never takes off as the market thinks its gonna get wiped out by online at some point.
Offer is too low deffo.

It will be a huge climbdown for NR if its true. Its also a disgrace if the times story is based on a leak...disorderly market and all that.
I intend to grimly hang on ...what else can you do at this price
?

Finaly gave in and took some profit on this simply because I'm 20% up and previous bad experiences elsewhere have taught me to be cautious.

I think the theory is that governments can print money up to the point where it causes inflation and you would stop long before it degenerated into hyperinflation.
I suspect its lunacy masked by some inpenetrable gooblygook from those advocating it.

Any active pi should be horrified about all this. Audit opinions look like a waste of ink...how can you decide anything if figures can be so wrong.

Utterly untrue, my opinions are my own formed from every bit of information I can find, I have invested in retail many times, most recently Tesco hence my contribution to the Tesco board pondering whether removing fresh baked bread and other counters was a good idea. It's called thinking...you should try it
Your selective abuse about that was pathetic.
Simply trolling people who don't agree with your simplistic "it's gone down so it'll probably go up again" views is laughable.

I doubt whether a throw away line on a single post about Tesco bread has incurred your wrath!
Evaluating shares and thinking about potential purchases is surely a main reason why people use these boards.
You seem to think the purpose is simply to ramp share you already own especially if you got it wrong.
Oh and I am a very serious investor.

So you've lost some money have you? At least I avoided
Go and troll someone else you idiot.i don't take notice of berks like you.
It's not like you seem to have anything worth saying ever.

Pretty obvious to everyone except mad Mike that this was going to happen. Why on earth did he think the CMA would swallow the line about cost savings benefiting consumers?
This can only be a total distraction for the company. People might start wondering now what other decisions of his are errors of judgement?
Still a great place to shop.

I think the heritage was violated when private equity bought it.

Hereshopin ha ha ha very good point!