Member Info for boraki

HTTP://www.getsurrey.co.uk/news/hampshire-news/debenhams-farnborough-store-shuts-doors-14153417 Debenhams Farnborough store shuts doors for final time after report says it could 'become unprofitable'

Yes, I agree. It has a lot going for it. The directors buying is always a good sign. Mike Ashley is no dummy and will be eyeing this one carefully as will the chinese

Sounds well thought out :-)

Looks like Deutsche Bank AG have increased their holdings

I am in too

This talks about the transcript and mentions what is likely to happen. HTTPS://www.youtube.com/watch?v=oiprUjKET8w

I would definitely listen to this interview of Andrew Maguire, he seems to know what is going on in the gold markets. HTTP://kingworldnews.com/andrew-maguire-6-10-17/

Andrew Maguire - july 5th 2017 Gold Do not know if this is comlete bungkam, but he thinks something will happen around July 5th 2017 HTTPS://www.youtube.com/watch?v=OYFDp_qTrdc&t=198s HTTP://kingworldnews.com/andrew-maguire-major-event-to-create-massive-gold-price-surge-in-26-days/

Not for long, I am afraid

HTTPS://www.youtube.com/watch?v=pmNvo3ix-QQ Market crash 2017

I'm out Far to unstable this share, especially as markets at near all time highs. Would not stand a chance is markets correct for a while. Good luck, (hated watching my profits fizzled out) Market only for the brave at the moment. I am not one of these. Good luck

Yes. I too am a bit worried about q1 clothing. Weather is not helping us, Nor the political climate. Nor the dollar. Boo hoo,,,, there must be something good in the pipe line.,,, bid, director buys, anything, please God

Yes quite, Lets hope so :-)

Well we seem to be getting there

Yep The way this is going the last 10 trading days, I cannot see this stopping without good news. Very poor performance for a top rated share :-(

HSBC Holdings plc Reiterates Buy Rating for Marks and Spencer Group Plc (MKS) 435P HTTPS://www.thestockobserver.com/2017/06/05/marks-and-spencer-group-plc-mks-stock-rating-reaffirmed-by-hsbc-holdings-plc-updated.html

Sounds good to me

Shorters beware, There is a rising tide coming

I do not think these were the results the shorts were expecting They will try and drive it down, but I do not think they can stop a rising tide

MARKS AND SPENCER GROUP PLC FULL YEAR RESULTS FOR 52 WEEKS ENDED 1 APRIL 2017 24 May 2017 52 weeks ended 1 Apr 17 53 weeks ended 2 Apr 16 Change on 53 weeks LY % Change on 52 weeks LY % Group revenue £10,622.0m £10,555.4m 0.6 2.2 Profit before tax & adjusted items1 £613.8m £689.6m -11.0 -10.3 Adjusted items1,2 £(437.4)m £(200.8)m n/a n/a Profit before tax £176.4m £488.8m -63.9 -63.5 Profit after tax £115.7m £404.4m -71.4 -71.1 Adjusted basic earnings per share1 30.4p 35.0p -13.1 -12.6 Basic earnings per share 7.2p 24.9p -71.1 -70.7 Free cashflow pre shareholder returns £585.4m £539.3m 8.5 Net debt £1.93bn £2.14bn -9.5 Ordinary dividend per share 18.7p 18.7p Level 1Adjusted results are consistent with how business performance is measured internally. 2Refer to adjusted items table below for further details. See glossary for definitions The financial year 2016/17 was a 52 week year whereas 2015/16 was a 53 week year. Unless otherwise stated, in order to provide a year on year comparison, variances relating to revenue, profit and earnings per share are on a 52 week comparative to 26 March 2016. •Adjusted profit before tax down 10.3% due to the expected decrease in Clothing & Home sales and increased costs of new space. •Significant adjusted items of £437.4m resulted in profit before tax down 63.5% as we establish a base from which to grow. •Clothing & Home gross margin up 105 basis points with full price sales growth of 2.7%. As expected, revenue down 2.8% due to planned reduction in promotions and clearance sales. •Food revenue growth of 4.2% driven by new stores. Gross margin down 25bps due to input cost inflation and higher than anticipated waste. •UK costs up 3.8% due to costs of new space, IT investment and inflation, offset by efficiencies. •International profit before adjusted items up 15.4% to £64.4m, as a result of the decision to exit owned stores in 10 loss-making markets. •Strong cash generation reduced net debt by £204m. Full year dividend unchanged at 18.7p. Steve Rowe, Marks & Spencer CEO said: “Last year we outlined a comprehensive plan to build strong foundations for the future. We said we would recover and grow clothing and home, continue with our plans for Food growth, remove costs and simplify the business. We achieved a huge amount in the year and whilst there is still much to do, I am pleased with our progress and we remain on track. “As we have made improvements to our Clothing & Home product and proposition, our customers have noticed; we are starting to stabil