Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I never follow the crowd but I agree also. What is more I think without the big disposal the share price might be quite a lot higher. So confused I am.
main thing is that they seem to have the will to radically change the business and unlike most of their rivals can do so without decimating it because of the Ocado deal. Their shareholders will back them 100% - you wrote that.
I love shopping in marks it's a great place to shop. Some stores probably need closing. There is a lot less competition on the high street. I think there could be another Ocado but there's only one Marks and Spencer.
Don't listen to this noise. This business has pension liabilities probably over 100 million and stores closing. Nonsense. However the pension liability might prove the saviour or not as wind it up now what you left with. Nothing, they might try trade out of it but I think it's more likely they'll sell it to boots to contribute to the pension not shareholders.
Are you buying then?
The reality is quite a few people won't be going back to the office, there are also a lot of lay offs and construction of things like flats and office blocks will be less likely for the foreseeable future. The price of products might help but there are structural issues at play here. Regardless the share price has still done well, about 20% up on the start of 2019.
I think more store closures and disruption to operations than is being mooted. They'll probably do a rights issue at some point to provide greater flexibility. I'm not sure as many people will be spending money on the sausage roll for a good few years. Pokey little shops as well. Not good when there's an airborne virus about.
What's happened to the pension report doesn't seem to have been published on the pensions website which seems odd.
Not sure about flats which is a problem who wants to live in a flat overlooking a high street for the foreesable future. There is still a lot of demand though so maybe flats, but office space surely nobody wants that for the foreseeable future or am I missing something. So the long leases are a problem but I think there are more positives. I like looking at the journey as well. They've all tried gradually getting better. What worries me at the moment is some markets are quite high by any comparison, the world will tax online correctly plus they're the beneficiaries of this situation, it's just a matter of time on that one I think. Makes Marks more attractive if anything relatively speaking. All the best.
No idea what you are missing. I think it's an interesting business. I think it will do well. I know this is a tough year and most businesses will be glad just to get through it. Food, some good shops, clothing improved, online and Ocado. I do try not to watch the share price. Whilst other things jumped back this has stayed put even though the business has lost some of its competition. But halved from an already low price. I'm going to check in August, hopefully the sun will be out and Marks back over 1.50 fast approaching 2.00. Gl and keep well in the meantime.
No way to spend....cut vat, what for online as well. Good luck with your life, enjoy yourself.
But I'm not sure that what's being said here is right. If you are talking about people buying holidays, houses, maybe cars then they might struggle, although I'm not sure that will last. As for so called high street retail if you are relevant you'll do well as always. I think a lot of retail is doing quite well at the moment, people like shopping. This year isn't good for the majority of companies. This company with it's product range, stores and online will be fine. The accounts are prepared by accountants and they have to be prudent. Anyway I'm wasting my time here so that's my last message on this chat Board. Gl
Share price should be over 2 pounds as for ceiling I don't see one. My pension is in this so hopefully the share price will reflect the business. Given that surely the management must start to think about the situation. Not one offer for the business even at this price. I simply do not believe that. If every shareholder asked the question they'd have to make an announcement.
Nobody likes over confidence especially at the moment. Humility is always welcome by me at least, some what lacking on these share chat boards. Interesting comparing things like eps debt stuff like that but also lease length to other retailers. Also the way they have two businesses which are both fully functional to the world. The share price could have risen today. The ceiling for this who knows, something starting with a 2 although share valuatuons are not always based on fundamentals. What makes this really interesting is if you think about a combination with something else, something that has compelling strategic business combination qualities, JD sports, Tesco, closely followed by private equity. The stock market is not working for this share so take it private. Keep the people, business, maybe they could sharpen it up, although I'm not sure it needs that.
Not sure what else the management could have said motoring will get motoring and the rest should do very nicely.
Thanks for that message and you might well be right. At the moment I think a lot of companies could double in share price and if I'm right about there's going to be others moving in the opposite direction.
Could be sold I think. Also think it makes sense to be part of a bigger group especially now. Anyway the government is going to build including houses which should bode well for Kier living. The world needs new infrastructure, even more so now. I try not to get involved too much on these boards but that's my view. Good luck.
Talking to yourself is never a good sign but maybe morgan sindall or balfour or something else is more likely. It would the right time for an amalgamation just the finer points of who what and when.
I would have thought the business would have announced some new contracts by now or in the coming weeks at least. Appreciate the operations have been impacted this year, but the underlying business is sound. If things don't pick up I really wouldn't be surprised if something bought or merged with costain - pay say 1.50 per share and mainly run down the existing work. Galliford Try plc might be a good fit? Honestly hope it doesn't come to that personally and costain can stay single. The UK needs costain. There are still areas in the UK in need of regeneration so hopefully the government will sanction more infrastructure work in these areas. Anyway interesting. I think Kier hopefully should get it's finances sorted soon which should give the sector a lift. Good luck.
Should be ok here. I'm not in but here but if I was I'd be buying the dips . If you are in I'd rip out your internet connection and check back in a few weeks. The main thing raising at a significantly higher price and the guys running it are committed and have lots at stake in the business. It's a longer timeframe than trying to trade it.