Thanks for the posts Neil, let's hope you're correct with 204p, my prediction of £2 by end of May didnt happen and each day that passes the shame is becoming unbearable.
It's not the scheme that's the issue it's the lending criteria that needs working on with the FCA. If Gov want to help people back to main stream lending there's got be a facility otherwise their stuck with loan sharks and a downward spiral.
SocGen raises Marks & Spencer price target to 190 (140) pence - 'hold'
Amazing how many time the professionals predict a SP movement to pretty much where it's just gone. Let me give it a go, at some point in the next twelve months the SP will be higher with a risk of it being lower.
Evening, I'd say anything less than 4p and it would be better not to do, 10p is achievable and would get the pulse and SP racing but I'm thinking...my guess 5.5p.
Errr, sure I heard someone say something....could be the voices in my head again...anyway, £1.40 by CoP tomorrow, nailed on, I can feel it in my bones...might be arthritis.
There was an update from ASAG yesterday, cant share got in to trouble for that last time, it didnt read to me that there has been a resolution or that a significant update is pending.
Granted the economic situation isn't great but it doesn't effect most M&S customers to the same degree and when I visit my local stores I'm not seeing a shortage of customers.
I appreciate it's not as simple as this but look at results for the last 5 years, debt / profit, that's one hell of a turnaround. Forecast your own expectations for divi next year based on historical figures but looking at the current SP that's looking like a very good investment for both income generation and capital growth
Granted the economic situation isn't great but it doesn't effect most M&S customers to the same degree and when I visit my local stores I'm not seeing a shortage of customers.
I appreciate it's not as simple as this but look at results for the last 5 years, debt / profit, that's one hell of a turnaround. Forecast your own expectations for divi next year based on historical figures but looking at the current SP that's looking like a very good investment for both income generation and capital growth.
Morning JJ, I dont think so, perhaps a mixture of our perceived recent 70% rise, a wait and see what results are like considering cost of living and perhaps concern dividends wont be reintroduced as it's been delayed so long. I'm comfortable results will be fine and I'm surprised the SP isnt higher in anticipation but still over a week to go. Pressure has to be on to make some positive notice on divi, even if it's just a they will be paid later in the year if trading remains on track. My thoughts are we'll be over £2 before the end of month, perhaps 2.40 spike if divi is announced.