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I bought in before last week's dip. I was in it for the long term, but I've now sold to get back in when the next significant dip comes, which looks increasingly likely to me.
The Halfords Social Media machine is on the case
https://twitter.com/Halfords_uk/status/1288052327014899713
The wife works at M&S and the new evolution of Sparks is going down very well with customers, herself included.
We're all MKS shareholders in this household, myself, my wife and my 13 year old son!
I have to admit that I'm not a fan of their clothes offering for me. I did like the North Coast branded stuff, but that all seems to have been ditched?
I'm not a big fan of how they treat staff either, but that probably varies from store to store.
We're in MKS for the long haul and looking forward to seeing how the business evolves over the coming years.
I'll have to take a look at AJBell, as it's impossible to get the best price with H&L
It happens way too often with H&L
I've complained, but they're not particularly interested
I don't think their platform can handle the volume
Have been watching MRO for a while
Tempted to buy today but couldn't get a quote out of H&L
What a really poor piece from @BBC.co.uk
Is a £403.1m pre-tax profit really the sign of a struggling business? Funny that BBC have completely ignored to highlight profitability.
Overpaid Ocado for 50% of the retail business? Maybe that was the thinking pre-lockdown, but does anyone really think that now?
M&S are already going through a programme of store closures and modernisation, but I'm sure some more store closures will follow when a clearer picture emerges of how stores are trading.
Also, don't forget that Steve Rowe confirmed in the AGM that they will pursue a policy of expanding the food areas in stores, where it was prudent to do so.
As people have already mentioned, M&S appear to be well positioned for the next era.
I just came across this retweet from Harry Metcalfe indicating global SUV sales for 2019 (apologies if it has already been posted).
Ranger Rover - 51,000
Mercedes G Class - 28,000
Bentley Bentayga - 4.800
Lamborghini Urus - 3,900
Rolls Royce Cullinan - 1,900
https://twitter.com/lovecarindustry/status/1277971727306252298
I am an AML share holder, and I'm in for the long haul.
I'm not holding, but may jump in if the sp dips into the 140's during the coming week, which looks a possibility.
However, I wonder how much of the forecasted 'good news' has already been priced into the share, even at the curent sp level?
In the Notice of Results and Update on trading and liquidity dated 6th May it was stated that "Group sales for the four weeks to 1 May 2020 were 23% below last year on a like-for-like basis, which was better than we initially anticipated."
I'm not entirely convinced that it's all plain sailing to an sp of 200+ from here, but all will be revealed on 7th July.
Other than people here who have an interest in Card Factory does the buying public actually know that you can buy online?
I've just googled Greetings Cards and above Card Factory in the search results are:
Moonpig
John Lewis
Funky Pigeon
Amazon
greetingcards.co.uk
thortful.com
I would think Card Factory's online market share is currently small, and the search result position isn't going to help, but clearly there's an opportunity to grow this side of the business, which they've recognised and are now planning to expedite the release of new website.
Don't you think there's a risk in keeping so many stores closed? Many customers might wonder whether they're going to open again and change their shopping habits. Many will of course will have already changed their shopping habits during lockdown.
The reality for me is that an already tough retail market is about to get tougher, for multiple reasons.
There's no doubt that the sp was undervalued, which is why I invested, but would I have invested at the current sp? I'm not so sure. DYOR
I too am holding for the long term, which was always my plan.
Some of the hype on here lately has been laughable considering that the UK stores are still closed and only 10% will open on or around 15th June. Let's also be brutally honest about footfall, which is clearly going to be a problem for at least the next year in the UK. The new website can't come online soon enough, and not only that, they'll need to invest heavily in marketing to get the word out to the buying public.
I don't personally see much movement in the SP in the near future, but hopefully the sp will follow a path of sustainable long term growth.
DYOR
Far too often I can't get a quote out of H&L, clicking on re-quote doesn't change the situation or canceling and trying again.
It's happened on different shares, on different days at different times.
I really don't think the H&L online platform can handle the volume of trades during lockdown. H&L disagree.
I find the intermittent and unreliability of live prices on the H&L online platform is the most frustrating.
It displays "Live prices currently unavailable" on my account.
My preferences are set to Live Prices.
I've already had words with H&L who wrote back yesterday and confirmed that there had been isolated issues, but there is no problem ...... yeah, right.