Member Info for pernix

Jds15: Yes me too, think M&S IT systems not looking great. The company knows it has messed up. They should now communicate with us shareholders, market more-so than speculative news articles from news sources.

You forget May results will be good for M&S. Any Cyber losses booked for next year’s results. It’s about M&S growth rates powering the share price forward. Yes, it causes loss in sales but can be recoverable. So anything can happen but I think shares moving to 450p - 500p post results.

Market researcher Kantar said on Tuesday that spending on groceries at M&S grew by 14.4% in the 12 weeks to April 20 year-on-year. So growing well positive. Hope things get back to normal soon, let’s see.

The Facts. There is no indication of any personal data leaks. M&S is a growth share. Growth shares get cheaper over time. Only slight hit to on-line sales from Cyber anttack and that can be recoverable. So I’m a buyer of the shares. These shares at P/E 13 are very good value and that’s why the shares are rising.

Moving to 400p now hopefully .

M&S Shares Up. Buy The Dips. Lots of Growth Here.

Seems investors buying the dips post Cyber crisis. There is lots of growth & value in M&S shares !! I got a lot invested in here and would like to see a reassuring RNS by the company. Anyway for now the market is fore-giving, let’s hope it’s sorted out more quickly.

Ah Cyber incident. All kinds of speculation here on this chat board. Everything will be fine finally, wait it out. No panic here .

Online grocer Ocado, which sells M&S food on its platform, is unaffected by the problems as it runs on an entirely separate system.

M&S says contactless payments are now working and gift cards can be used. The website is still an issue.

Stuff happens, everything will be sorted when the time is right. When it’s actions are done properly. Yes, a little hit to online sales but it’s not going to sink the company. At these levels the shares are good value.

Carrington: As I say, lots more M&S share profits coming your way! It’s an undervalued share, you picked them up on the cheap too. Well Done 👍

Hope for £1 Billions in M&S Profits before selling. £840 Millions Profits for May results. Maybe 600p + Share Price coming.

Always buy shares when others are fearful ! Good chance to buy M&S shares on the dip today. Cyber incident is short term but M&S is not going away. It’s got lots more growth and at P/E 13 cheap now. If growth continues P/E drops more. Yes slight hit to M&S sales from this Cyber incident.

Jds15: It’s bad but a recoverable situation. M&S must do good PR for this Cyber incident though. They are professional and I got faith in this new M&S management !

M&S growth story will still continue. This Cyber incident Will hopefully clear up soon. There will be slight hit to sales but the market would expect that.

All War, No Peace. Defence Shares Surge Coming, BAE !! Europe Defence Crisis Again.

Tesco results this Wednesday. Hopefully that will help defensive retailers like M&S. Maybe shift back more into Defensive shares, M&S is growth share in this defensive retail sector. Any recession coming, effects are still into the future.

BAe shares going to £25. Today Europe announces 800 Billions extra defence spending. Yes, I bought back into BAe shares and flipping between BAe and Rolls Royce. BAe shares are too cheap. On a discounted cash flow basis they are worth £25 today.

I sold my BAe shares having a large investment. Buying Rolls Royce shares today paid off. BAe share chart showing 3 times resistance to get over 1400p. I think it may fall a lot in March, a worse month for share indices.