Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yours was a very sensible and logical post, and I admit I hadn't given much thought about how the present covid situation would adversely affect Christmas trading. However, under a more normal set of circumstances I feei that the hiring out of women's clothing, especially during the Christmas and New Year period, and the sale of M & S sandwiches, would both be successful.
I still feel that much depends on whether Marks' initiative to loan out women's clothing over the Christmas and New Year period, along with their sandwiches idea, was a success, but obviously we should soon find out the answers. However, new initiatives sometimes need a lille time to take off, so it will be "interesing" to see what management have to say.
i agree with everything you have said, but am still waiting for the results of the idea of renting out women's clothing over the Christmas period. I am confident that the results will be positive, but it is still a matter of "wait and see."
It will be interesting to see whether Marks have had any success with their plan to rent out women's clothing for the Christmas period. My personal opinion is that it may well be successful and lead to becoming a viable alternative throughout the year.
Covid has very little tmpact on ITV share price, and I fully expect a steady improvement over the next few months.
Couldn't agree more. I feel sure the Costa sandwich idea will be a great success, along with the women's clothing rental arrangement. It seems that M & S have realised the potential of using other successful firms to sell their products, especially after teaming up with Ocado. I see a great future for the M & S share price.
I completely disagree that renting out women's clothing is a daft idea. I have every confidence that this initiative will be a huge success and will certainly help the women's clothing problem. Many people are put off by the prices of M & S women's clothing, but renting them out for several days at reasonable prices will, in my opinion, will be a much more attractive solution because, let's face it, many women buy clothing which they wear once or twice and then put the item in the wardrobe and never wear it again, preferring to buy something new. I feel that the company should be applauded for thinking up a strategy which I feel will be a huge success.
Good post from Sedaka. Fully agree with the comments made.
Linking up with Ocado will surely be successful and see a big improvement in the share price. Patience will be rewarded.
Fully expect price to rise gradually over the next few months. Good investment at the present price.
Why did WGR buy a bed sheet, or anything else for that matter, from Marks & Spencer? He has for many months berated Mks in all his posts and has shown delight at the way the share price has collapsed, constantly saying that Mks products are poor value and shoddy. I would have thought he would NEVER purchase ANYTHING from M & S.
Once again a couple of posts from WGR which contribute absolutely nothing of relevance to the M & S chare chat, but perhaps some of us sympathise when reading about his forlorn search for "good old-fashioned donuts" in a Waitrose store. Personally I cannot enlighten him as to what a YAB-YUM is, but must admit that it could possibly be used as an appropriate user-name for WGR, or, on second thoughts, perhaps DONUT would be even more suitable.
Interesting post from fatsuperman who looks forward to the next five to ten years. But personally I am only looking forward over the next 12 months rather than years, and I expect M & S share price to be above 350 by then. After all, it only takes an average increase of around 9p per month to achieve this, and I feel that the dust has now settled regarding doubts about the Ocado deal, so I expect a fairly slow but steady improvement in the share price. Also to be taken into consideration are the dividends which, although reduced, are still well worth having. My target price for M & S shares is 400p, and I feel I will be happy to sell if and when they reach that that price. However, I fully agree with fatsuperman regarding progress over the next 5 to 10 years and hope his long-term plan is successful. I most certainly agree that the price should be way above my 400p target price by then.
Advice to Carrington and MAO3: There is no need to comment about posts from WGR. Roughly half of the posts about M & S are from WGR but they should be instantly dismissed as being ABSOLUTE TRIPE from someone who apparently longs for M & S to fail because everything he (or she) has to say is pessimistic as WGR constantly criticises the company and the quality of what they sell. WGR describes M & S customers as BRAIN-DEAD ZOMBIES, but it takes one to know one. Perhaps there is some particular grievance which WGR has regarding Marks and Spencer but, whatever the reason, WGR makes it clear that he (or she) would be delighted if M & S shares suddenly divebombed, in which case we would be flooded with numerous posts from WGR saying I TOLD YOU SO.
Good post from Costa 77. Very impressed with the point made about sandwich trade, something I had never thought about. I agree that they have slightly overpaid but still reckon it will prove to be a good move, the best they could do under the circumstances, and that those having M & S shares should hold on to them. Having said that, I feel that the share price will improve at a very slow rate, so it will be some time, I would say about 12 months, before we see a significant rise from the present price.
In my previous post my OPINION was quoted as SELL. I don't know how this happened, but I most certainly consider Intu Properties to be recommended as a BUY.
Good posts from Umeed, even though they were written a month ago. I fully agree that is prudent to cut the dividend to reduce the debt. The less debt there is, the more likely it is that the share price will improve considerably. Reducing the debt should be number one priority, so let's hope the share price increases considerably over the next few months so that we can all forget about the dividend cut. I am very surprised that no-one else has posted about this matter over the past four weeks.
CORRECTION TO MY PREVIOUS POST: I should of course have posted "I expect the share price to be above 330, not 230, by the end of the year.
Cannot share your viewpoint. I expect Christmas sales to be reasonable, but not outstanding, and I expect the share price to rise gradually, slowly but surely, and to be above 230 by the end of the year.
I'm with Carrington on this one. I've bought several M & S suits which have served me well and still look smart with no chance of them (as Mitch puts it} FALLING APART. Mitch describes them as Primark quality at M & S prices. I'm afraid I know very little about Primark clothing, but I can't help wondering whether there is such a thing as Primark QUALITY. Perhaps it would be a good idea for Mitch to buy some shares in M & S (they're on the way up), sell them and spend some of the profit on a suit from Primark and one from M & S. Will they be the same quality? I very much doubt it.