...New York's Apollo Global Management is running the rule over M&S....what took my eye was they thought the market had undervalued M&S joint venture with OCDO ....if M&S is taken private then we will be in bed with some well connected people
Ed_win is right /watching CNBC last night and Dr Scott Gottlieb pretty well called the Covid pandemic over with these new antiviral tablets .Stay- At -Home -stocks have been hammered as investors look to buy things like airline stocks and cruise stocks etc .There's nothing wrong with shares like OCDO (IMHO) but they are just out of fashion right now....it happens
all good points Value.....roads have been much quieter today as people conserve their fuel (or daren't go out looking for fuel) .Quite a few challenges ahead for our business and the country .I'm really worried about inflation...fast becoming entranched at 4.8% (retail price index)
actually that's untrue that delivery to the door will never make money .Kroger think their fulfillment centers will reach parity with their supermarkets in just 4 years (ie the same profit margin ) and think that selling advertising on the app will bring down the last mile delivery costs to nothing .They are the best in class in the states
Goldman's are saying high enough for now and that's disappointing for shareholders .Goldmans got me into OCDO some years ago when they featured in the Goldman Conviction List .Generally i agree that Brokers opinions are not really helpful because of the old saying ' there's only one way to get out and that's to get some in'