George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Jpm have a long history with the chair of Mks going back to Asda days
I believe the John Lewis marketing team are targeting their Christmas adverts on Italy, I assume this is a last resort to attract Italian digital trade? I have absolutely no idea what the plants are about unless the ceo is diversifying into meat eating plants sector ( or overstocked ?)
I hope she continues building the property rental side line😁
Yes the short closure should add to sp PSK.
FY net profits could come in at 520m just with cost savings PE at say 12X is 6.2 b mcap (conservative) or circa 313p if analysts agree.
Today the bod have focussed attention on investment grade and its motivated capital allocations including divi, net debt reduction of 12%.
All down to Moody’s,Finch and S&P now and their grading opinion of the balance sheet.
Jaegar and Gist acquisitions have been pivotal on the £150m cost saving reductions for TY.
SP improvement has more than made up for poor 1p divi and if Moody’s agree there’s a lot more sp to come.
Strategically the decisions today by bod seem solid.
Obviously the profit improvement largely comes from lower bonus payments to Ocado for not achieving targets to date.
Let’s see where sp goes fingers crossed for PM today and tomorrow.
Push off mapp idiot
Not sells.
Number of shares in circ also used again to massage sp, and cool it
The Canadian 0.50% short is still needing work
Looks like shore are helping Canadian 0.50% short at 215.4p escape I’d say.
Classic push on auto sell, the nets are cast far and as wide as !
Long term hold takes away the daily nonsense and focuses people on important stuff!!!! Planting trees!
One thing for sure the new investors in Mks since it rejoined ftse100 will want a reward.
Artemis Investment Management LLP
66,234,198 3.358 % 191 M p
Dimensional Fund Advisors LP
44,757,114 2.269 % 129 M p
Capital Research & Management Co. (World Investors)
43,378,000 2.199 % 125 M p
Interesting. The share numbers in circulation are being increased to lower the live sp and on some occasions the reverse
Tonight
Difficult to tell PSK
https://shorteurope.com/details_company.php?company=MARKS%20AND%20SPENCER%20GROUP%20PLC&land=united_kingdom
03-Nov-23 14:19:13 226.30 4,000,000 Unknown* 9m O
03-Nov-23 14:19:13 226.30 4,000,000 Unknown* 9m
Massive volume in the last 15 mins on Mks, 27 million shares changed hands, probably the 0.50% short reversed out
Too true JJ!
Great weekend all and best of luck for next week, Mks are in the best shape for 8 years!
Apparently, traffic lights that are positioned close to fire or anything that looks like fire are to be removed as these are causing offence too.
Government desperately trying to find alternative colours for traffic lights as we speak.
All of the adverts are fantastic for different reasons, not everyone will agree, I asked some close friends today and 6 out of 8 thought the clothing one was hilarious!
Not everyone likes anchovies on toast, that’s life.
Shares down today due to another order filled at chums pricing