Member Info for Norfolkingo

Thank god. I never want to hear that man's name again. Charlatan

Same for me. Out this morning after 4 years of listening to all the hype. I had belief too and am sickened by the way this has been allowed to pan out. I should have known better, a construction project of this size with no funding. Just not cricket. Fraser won't lose anything by it and needs things explained to him. Way out of his depth on a project of this scale. He is the only one to blame. Badly managed from start to finish. I had to accept a fair loss this morning but did so for piece of mind. No more studying the so and rns's on this one

Absolutely right

I've been invested since the days of .5p and still hold. I've bought more at higher prices too but still maintain a low average. We've had plenty of good news recently. A bit of bad a long time ago didn't alter fact of what we had. Things are different now with NC. Is the big time now about to arrive? Patience, still.

Have I got this right. Waitrose was going to cut Ocado adrift soon anyway. Mks have just done their whatsits on a half share in a company that makes little profit on a huge turnover. They have managed to broker a deal whereby after all this investment to get a higher profile in the home delivery setup they haven't even been able to put their name to it. What am I missing in all this?

The point I was trying to make was about footfall in store. What happens in any local store maybe on the one time anyone strolls in can't hide the fall in numbers through the door over a twelve month period. However much it costs to run a store if the profits from each one were good then they wouldn't be closing. Having stuff on the shelves that appeals to people also helps. The fact is not enough people are coming in, for whatever reason. Not being worried about the sp or bringing the website up to scratch along with the thought of we're too good for anything to happen to us is, to my mind is negligent. They probably said the same at Woolworths, Toy's are us, BHS, etc.

Debs on a slippery slope. How long before they finally go? Will MKS follow. Are MKS following? There will be little extra footfall in stores because there is no footfall these days. That's the point. All right saying that MKS will benefit from the deb closures but less footfall in the shops, any shops, won't be of benefit anyone. People are staying away because they buy online. Even your over 40s and 50s are at it. I realise that some posters here won't have any of it, and fine if that is what they believe. But this has shown no signs of recovery for a long time. Poorly managed by management stuck in their ways. I can't see £4 sp anytime soon even £3 seems a long way off.

All the mutterings of £4 by year end seem highly unlikely now with no significant move upwards for ages. Not sure if MKS is moving in the right direction with regards to turning it round? It would be nice to see £3 again and maintain it. Busy period coming up.

MKS have signed the gorgeous Holly Willoughby, not yet mumsy and John Lewis have fat Elt signed up for Christmas. Only cost them £5 mill apparently? I know which one I'd rather have.

Last night on 5. Review into MKS decline. Nothing we don't know but few answers to the problems.

I wonder what this will do for today's sp?

I understand, but you've got it right, new blood, decent online set-up. You like tradition but can see by the half empty shops that the type that likes the traditional m&s are no longer shopping there or maybe too old to do their own shopping now? I've said it plenty of times before that retail has changed. M&s need to buck up. Why can't they keep up in the food market stakes? That has long been a decent profit maker. I saw the slice of cauliflower at £3 a go, who's idea was that? The media had a field day. They've become a joke. I can remember when people said that they shopped in marks and wore it as a badge of honour. Now, if you say it to anyone they have a job to stop laughing.

Another nail in the coffin. Massive distribution centre now closing, huge job losses. On top of overseas store closures as well as UK. Empty shops and core consumers leaving to shop elsewhere. Poor Christmas trading. Rivals moving ahead and staying there. Doom. I know that there are some that won't consider a bad word about m&s, ingrained generational types. But bad news is bad news. Not much changing, or not much changing for the better. I'm still holding and taking the divi's, but for how much longer? Discuss

Their

Bud, I agree with a lot that you say. The whole retail spectrum is changing. Some older established retailers are changing with it successfully and some are not, no matter what they seem to do. Alongside all that there are new style retailers catering very well for the change in consumer habits. I saw something the other day about the stores being nearly empty for the black Friday, cyber Monday weekend. I don't like the sound of that this close to Christmas regardless. Stores should be heaving. I think it's generally agreed that the clothing is no good, even if you can keep it for decades. Things need to be stuff that people want and will buy. Prices must be competitive. If they can't get their main customer base in to buy there gear then who have they lost them to? Can they get them back, how long can they keep fighting this losing battle? All I see are new food halls being opened, and they are struggling too, so it speaks volumes about the seriousness of their efforts in other aspects of their business. Am I wrong? How long can they maintain a reasonable dividend if things remain the same?

Who knows where this is going to end up before it starts to rise again? Each day closing lower than the day before.

As Carrington said, I've never mentioned sub 300, although it's possible I suppose. I just thought we'd see a 52 week low, maybe. If you're of a mind that this will manage to climb up again, then it's a fair buy. You'll have your divi's along the way (at the moment). It's all about making money at the end of the day. I think I can make more in some other stocks than I will with this, in say, 12 months. Aimo and dyor etc.

It's all about opinions, isn't it. The sp is where it is for a reason. There are lots of reasons and not just their ladies range. I'm a man and buy my own clothes and apart from a suit and a jacket, I think that's all the MKS stuff I own. Fellas that aren't too worried about fashions or trends might have their wives and mothers getting their stuff in there. But I bet anyone under 60 that likes to make an effort to look good won't buy much of their gear in there. I was talking about the new ladies range and the review that I had seen in an article. Crunch time coming, so we'll see. But as I said before it's the whole enterprise that needs to be looked at.

Agree, you have to pay for quality. Thing is MKS is not always the quality that they like to think it is. That's what I'm trying to say. They consider themselves well above some of the lesser retailers, fact is they're not as far above as they, some consumers and a few investors would like to think. Things are said (again) to be improving, let's see. Cheap at this price if you believe they are? I continue to hold and will take my divi's like everyone else. Let's get Christmas out of the way. Gla

Just seen an article showing spring '18 range. Mixed review. I'm no expert on women's fashion but some of the prices look scary. I saw a jumper at £139. You'd find the same in Matalan or Primark for a quarter of that. Time will tell. Jill McDonald is bigging it up.