Let’s send them Charles youngest son, he can re start a dynasty of Tsar’s.
Interesting article in the Telegraph, in that it wasn’t news. Reiterating what we learnt in January and speculates about the future.
What’s interesting is how little the media knows ahead of Wednesday.
https://uk.finance.yahoo.com/news/m-battles-retain-shoppers-amid-104321477.html
This is 1991 all over again, although with Lenin and not Gorbachev!
Economy was wrecked before this war with the politics un funded, pensioners unpaid and extended retirement (France will have a serious problem with this too)
As Putin takes control of day to day military decisions the likes of Siloviki former FSB/KGB etc are lining up to replace him.
Red square could be a very busy place soon.
You over estimate Putins humanity and intelligence Pokerchips.
This is a great move to slim operational costs further, and especially technology in inventory security and cashier reduction.
https://www.retailgazette.co.uk/blog/2022/05/amazon-stores-boss-heads-to-ms-after-4-star-closures/
19 May 2022 Barclays overweight at 215p reiteration
For me this is yet another buying opportunity.
FY profits due 25 May are crucially important for clarity that the re-engineering on the business model has worked and is competent. That’s the starting point!
As most on here have said the current trading and outlook is ALSO important and remedial cleaning of the operating model.
The key issue with Mks sp apart from macro and geopolitical is very few shares are being traded right now and auto trades are so far apart from sp.
Shareholders who held this thro 2019 did very well in 2021, I know I did!!! The fall is unsettling only if you need the cash, this is a buyers market.
Deepjoy hi, Well said and an opinion I share.
For me this is yet another buying opportunity.
FY profits due 25 May are crucially important for clarity that the re-engineering on the business model has worked and is competent. That’s the starting point!
As most on here have said the current trading and outlook is ALSO important and remedial cleaning of the operating model.
The key issue with Mks sp apart from macro and geopolitical is very few shares are being traded right now and auto trades are so far apart from sp.
Shareholders who held this thro 2019 did very well in 2021, I know I did!!! The fall is unsettling only if you need the cash, this is a buyers market.
Every chat has a village idiot and they only appear when sp goes down.
Mks take ex Debenhams 98k sqm site.
https://www.yourharlow.com/2022/05/18/marks-and-spencer-to-open-new-store-at-lakeside/
Let’s hope the increased logistics costs will motivate a full strategy change to local manufacturing of clothing, and many other products.
Buying from China used to be about saving lives by offering them more work and now they are the largest economy, they used wealth to educate themselves into producing more technical consumer products and landfill.
Chinese, Russian, NK leadership still have the worst leadership on the planet, wealth brought them destruction and death.
We in the west still have much to do on carbon reduction and carbon capture. We still haven’t returned electric trams to towns and cities and that’s got to be one of the most basic next steps 10/20 years ago!
We don’t vote for a measure of carbon reduction we vote for lower taxes. Prospective prime ministers and parties should be elected on meeting carbon reduction targets, and productivity.
Agreed Chilting, and yet that volume was there before Feb’19.
Opec obviously lost revenue and faced high storage costs due to slow demand and lower margins, they must surely have more than made up that lost ground.
Either way I hope the higher energy prices slow carbon emissions further and force forward the greener options.
Mks and other retailers must also manufacture closer to their home markets as a clear strategy and communicate it.
Bring on carbon labelling on all products!
Covid and Russian war are geopolitical and narrow.
Fuel/food can change rapidly. Fuel a quarter of year and food 6-12 months.
Opec are already showing signs of understanding that it’s poor politics with Russia keeping supply short and governments bringing forward the environmental infrastructure is a threat to them. If they turn taps on to pre covid levels prices will fall rapidly.
One is just off for a mid week shopping spree at Mks!
US pre market is in a good green position so should be a good opening at 2.30pm
The issue with Mks sp right now is there a very few trades with holders away on holiday or auto limits are set too low or high for traders to find any worthwhile volume.
Short holders are also struggling with volume.
We are getting close to 25th May so the next 4 days it’s make you’re mind up time and strategies have to conclude and go with the flow.
Archie the Chair is out on media rounds and very little negativity except Irish supply chain has emerged. Although someone needs to inform him Mks sandwich manufacturing was moved to Ireland.
Typical summer share volume issues are alive and kicking. Dividend announcement is absolutely crucial on 25 May for sp growth.
I would compare Mks FY22 announcement style and sentiment to that of NEXT.
Take from that what you want.
You should also perhaps look at the shape of share volumes before and after announcing to 2018.
Mks is a completely different starting point to Walmart, and EPS will show a strong uplift.
FY22 profits before tax will be positive to forecast. Current trade is constant, however forward narrative needs to be carefully constructed, optimistic caution would be sensible with the unknown.
Make no mistake though about inflation-retailers love inflation!!! It can be very useful in a growth business.
Low volumes today as holidays take priority, few are selling and auto limits appear to be predominantly set high. Brokers not finding much on auto sell at these prices. This would indicate a step up in sp (not down as results due)
Mks is in a very good position Fishcakes ahead of FY22 numbers 25 May. I’m sure they have done the numbers as per Jan22 update. The issue is the outlook and current trading. All eyes will be on clothing LfL and the strength of food is not losing ground.
Costa and travel hubs appear to be progressing well though.
Divi commentary will be of great interest especially if sp held down.
Atm I’d be happy with 30% divi and 200p sp.