Member Info for JG68

Given Lickers summary of the situation here, and the fact that 100% of shareholders and IIs are currently losing money on their investment, considerable amounts of money no doubt, do people think that if this was happening in a US listed company, shareholders or investors would have started some sort of class action for change by now?

Genuine question:
Is it fair to say that M&S is a relatively safe investment given the actual state of the balance sheet, despite the abysmal SP action this year and dire global environment?

I ask this given the actual assets / liabilities levels, and the transformation into a slicker operation.
For example, fixed assets 7069 million, debt 2546 million, cash at last accounts 1216 million, and book value 2914 million.
Yes this year's results will probably be worst than last year, but given the above at first glance, seems like the company is fairly liquid and assets way exceed liabilities.

He's right, it's all the small ATs that drive the price either way, that's how those shorters operate.
Corrupt b------s

Sorry previous month 315k.

Thanks for your layman explanation Deepjoy.
I do have to agree Bobocaca, they really are drama queens over there.
The target was 250k from 325k, so it was 13k higher, and this is the reaction.
Plus this company is growing, and isn't saddled with crippling debt, so why are markets not able to recognise this.

Guess I'm looking at the wrong numbers.
Last month 315k , this month 263k so to a layman, seems to be moving in the right direction down .
Does that warrant a sell off again?
Just so frustrating why we move down from 321 to 305 in 20 minutes on their payrolls.

Can't win in these markets, absolute head f--k.
They wanted non farm pay rolls to cool off which it did on the Hope that the Fed is doing its job, and Nasdaq futures sell off.
No reason for it just markets decided today they are going down regardless.
Why are we so vulnerable to them , only when it suits.

Book value per share after all liabilities is 360.
Current sp only reflects sentiment not the book value and total assets.
Massively undervalued really but nothing will help In this market.

He'll be long by close at this rate!

Lol.
You'll be long again next week!

Same as yesterday rises and then quickly falls on no sell volume, very strange.

I was watching the trades today, very strange.
Around 2 the spread was 312 - 314 ish
And then within 30 mins on a handful of 3 figure sells its was 305-307..
Usually you can spot several small sells in succession to walk the price down, but today it was different.
It happened twice once when it reached 312 and then 314.
And also its stopped following the Nas or 250, take yesterday for instance, ftse 250 3% and seemed to struggle.
Gut feeling something lurking behind the scenes.

Nice 4 million buy just gone through paid 27.9.
Aim I never short, wanted to lure you into one which inevitably results in a rise!!

How is that a profit Warning when they're still within their profit guidance??

Might be worth a little short now imho

I don't get it, Ftse 250 and the Nas flying, it's lost 5% since 12 pm.

At this rate will be below again soon.
Very strange this isn't properly bouncing today.

Hereshopin
Those people are benefiting now at 36p.
It was a flash arrogant thing to do imo.
The only positive I take from anything here is Lord Allen buying more. Apart from that everything about this absolutely sucks.

Whatever gets released gets sold into.
Thoroughly demoralising this share.
At this rate any progress the company is making won't reflect in the market cap because the news will be fuelled by full on recession next year.

Thegambler
Yes that's all very well and the intentions were in good faith at the time, until Russia attacked Ukraine.
As I said the only reason Sweden, Finland and now Ukraine are applying now is because of that fact.
As you said Ukraine handed over their security by giving up their nukes, and got invaded as a result.
So any Nato expansion now is down to Putin imo