Member Info for Fforestgwmp

A very good day considering the market, OK less than 1% rise is nothing to write home about but we stayed above the holy grail £3 all day other than a fleeting look back first thing. Hopefully we can hold the line this week, 308 and 312 may be sticky but time will tell.

Corry, have you managed to fill the gap with chocolate yet?

Well the fuses I ordered Friday have just arrived, triple checked the packaging but no sign of a takeover bid, perhaps it'll come in the morning. 😅

I'd also prefer to see money spent on growth over divi, although I do appreciate having a divi attracts different investors and that will also benefit the SP so theres a balance to be had. Issue being if you're going to pay a divi it needs to be at a level that will attract them, don't think 2p will.

On a separate issue, a few or us are fans of taking full control of the JV with Ocado, as shareholders would you prefer to see this done from cash or new shares?

Interesting that both OCDO and MKS are both climbing strongly this afternoon, news at the weekend?

We do roly but we renamed them the torys

Love seeing the new high set on the 22nd, fleeting as it was. 😅

I don't know the agreement but I can't see there would be scope for either party to back out or sell on without agreement from the other and I'd imagine a significant penalty financially and reputational. I also cant see the current disagreement making it to court, neither side benefits, I'm hoping this is the start of negotiations for mks to acquire with remaing 50% which would be massive win for both side. Ocado get proof of concept, come on Aldi, Lidl you need home delivery and we can sort for you, equally think what the 50% is worth, should improve the SP.

Gla

Now 299

298 just paid

Even out done Mr Kipling with these exceedingly great results. What is the correct term for being ahead of ahead of expectations, I think Carrington has it with BOOOOOM. 2p divi showing we're still investing in the future?

Well done all and good luck for the future.

Rev, i thought we're meant to believe not hope! Surprised we haven't seen a bit more of a rise this week, perhaps following the Christmas update and subsequent fall there is more caution on the believing side. Still believe and hope we'll see £3 by end of month but suspect it will just be a fleeting glance of what's to come later in the year.

Gla, alarm clock set for 7am.

There's been worse days, managed a triple up and get my average to 12p, should see 2p tomorrow based on that alone. Gla

Dont mention sinking ships, I've just increased in HARL 😱

Buffet trolly should be along in a minute, this rocket has got to launch soon.

Evening JJ, nothing wrong with being cautious. I'd agree with broker rateings, they're wrong more often than me but always good to see them higher than current SP, to be fair half the time I only copy and paste as I saw the notification and thought it might save others time opening, a kind of public service 😅

Divi will be interesting, will it be cautious or send a message we're back? Also hoping to see something regarding Ocado and getting M&S livery on the van's...nothing to do with me buying in there this week 🤔

Good luck and good night.

Barclays raises Marks & Spencer price target to 315 (300) pence - 'overweight'

Let's hope so, I've been looking at how undervalued this has been for months and was waiting for an entry, fomo took hold so I jumped today, you'll see my trade, just look for the highest price paid 😅. We should get an update on MKS on or before their results next week, the holding of funds was just a bit of stick waving, it'll come as it has to work for both sides. Gla

Full year results just over a week away, time for me to consider my options short and long term. I need to reduce my holding this month, just those I bought in December, do I sell before or after news? SP is up 8% over 6mths and level with end of December and with 5 years ago, down c30% over 10yrs, surely we're in a far better position. I doubt results will be a surprise, they'll be great and perhaps priced in but I don't think so nor other factors, Ukraine and middle east perhaps, falling inflation and expected rate cuts? Improved market mood and sunshine? Debt should be massively reduced not that it was significant and then theres the divi, 5-10p, will the market like it and any outlook statement, please be positive. My gut is telling me to hold for results if we're below 2.85 but if were 2.90+ next week I may reduce then.

Long term, 1-2yrs, where do i see this going, do i cash in and just put it in the bank? I'm thinking we should be atleast 5% higher by the end of May and that would leave us 5% off £3, will we see that over the next 12mths and equal the banks 5%? No question in my mind, confident we'll be over £3 before the longest day and stay there, 6mths ago I thought 3.30 would be hit within 12mths and i still do, so it's a hold for me there.

Good luck whatever you decide to do.

Hit the post button by mistake before finishing the last word, question is was it to be saved or shafted?

Gla, one day we'll all look back at this and think WTF

Was considering a top up here, a couple of k and I could get my average to 1p, lol. Thought I'd better double check and must admit I was wrong, I thought it was JM buying the shares which would have shown confidence there was value her, but no it's to pay him so other suckers have bought them. Damn it, thought there was a sliver of light but no just the Bod getting some more gravy on the train to keep it going a little longer. Although, while we have a pulse we can still be s

A 9.3% untick on sales for our traditionally quietest period of the year, fantastic, admittedly it doesn't say whether that's value or quantity as factoring inflation will dampen value but key is the performance vs the main food retailers. Looking forward to results, already was, and hope we also see good increases in other departments.

Gla