Member Info for booboobooboo

"Come on , let's be havin' you !"

https://www.youtube.com/watch?v=NiC679ASOyA

Makes you realise we could jump 10% - 30% in a matter of hours , just like that.

And we are off !

Anything under £2 is utter madness.

The last time we achieved profits at these new and higher predicted levels we were trading above £3.00 and paying a very attractive 15p div.

We should see well above £1.70 today.

The biggest steal here ATM is the SP , I am going to be participating in a bit shoplifting myself here as soon as the markets open .

" at this early stage we expect adjusted profit before tax for the year to be above the upper end of previous guidance of £300-350m. "

The management meeting I was invited to last week suggested the next trading update would blow the previous profit prediction out of the water by a considerable margin , closer to 2018/19 or exceeding were cautiously hinted at.

Didnt MKS finals run a week behind db meaning this highly anptaed trading update could also be a week behind .Also was last years trading update on a Monday, ie the 17th August 2020 fell on a Monday?

https://www.bbc.co.uk/news/business-57937342

10 pm tonight expected???

https://www.channel4.com/news/supermarket-bosses-warn-of-staff-shortages-as-600000-people-told-to-isolate-by-covid-app

Chairman 7th JULY 2021 “We think we’re going to surprise a few people, not just hopefully with our financial performance but also with the things we do to demonstrate that M&S has really changed.”

https://secure.emincote.com/client/marksandspencer/agm2021

Ocado didn’t bother making a stock market announcement on Monday about its latest warehouse fire, which, if the company and its City advisers have judged things correctly, means shareholders can relax. It suggests any financial hit will be negligible. If not, the company would have to speak up.

https://www.theguardian.com/business/nils-pratley-on-finance/2021/jul/19/ftse-100-wobble-shows-that-escaping-restricted-economy-is-likely-to-be-messy

This is how they make their money, they win whether they go up or go down , other than flat.Most shares recently have been stuck in a flat range.

This is normal market behaviour ,seen it many times, any excuse to panic

Worth reminding ones self it was only a few weeks ago MKS stated it hoped to bring back dividends sooner than the 3 years it had previously stated.

NOTE: The old " never the same again M&S" used to pay out approx 15p a share.

I have seen this many times over the years , £400m predicted profits for this year, owns half its stores, everything returning back to normal, 2 of its peers getting T/O and the SP drops to top end pandemic levels.

A £2.50 T/O is more a question of when .

M&S's warning over the weekend will hopefully result in the blonde pig announcing T & T rule changes this week.

Another 13600 added for me this morning without hesitation after the Chairmans AGM up beat comments only a few weeks ago.To me that was a massive heads up.£2 by Xmas and thats without a T/O.

Glowing..

None of this is particularly relevant and I think you are focusing too much on something you don't really understand.

Next week should become a catalytic week the SP .
Worth noting that a £350 - £500m profit would equate to an earnings per share of around 18-25p.

Also with Morrisons gone MKS does look the most likely next target either though new JV's or a T/O itself.