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I understand. It's uncomfortable to be presented by the current realities of the MKS situations and an underperforming share price. If I was invested I'd be beyond dissapointed.

Amazon's move is incredibly aggressive however they remain behind Ocado's tech. They have the money/desire and can hire the expertise to challenge fast. Ocado's cash raise very well timed. Those funds very much needed to reinvest and remain the market leader. So important to be the leader now when all grocery retailer CEO's around the world will be looking for a way to revolutionise their online offering and combat the threat of Amazon

Huge changes away from office working are occuring currently and in so many cases these shifts are becoming permanent. Lloyds this week one of so many to say they were looking to reduce their office space. Tourists still staying away from the UK. Little demand for new clothing/workwear. MKS very exposed currently.

They are changing their stores and locations but they need to run a far more radical overhaul than that currently announced.

958 MKS UK stores. Huge amounts of stores in city centres and rail stations have had a massive decrease in footfall. Resurgence of the virus will hit MKS incredibly hard. Ocado deal is a very bright spot but the market knows of it and it's all factored into current share price. 94p shortly

Ocado would never buy MKS. It would make not fit their strategy in the slightest. In all seriousness Mike Ashley and his FRAS group are more likely to buy/ merge with MKS than OCDO.

@neilhumphreys5ya 94p coming up very soon. Roll out the analyst prices.....

Ocado merger???? Ocado's market cap is 8 x that of MKS. Ocado are the world leaders in selling online grocery technology solutions. They would have zero interest in MKS and all its 958 UK stores. Mike Ashley is more likely to buy MKS than Ocado.

Sobeys in Canada announcing they are accelerating their rate of investment into Ocado's technology. As I would imagine all the other Ocado partners around the world are doing right now.

https://www.supermarketnews.com/retail-financial/sobeys-parent-empire-hatches-new-three-year-growth-plan

Yes but it's doing just fine at it is. Beautifully consistent.

Another market outperforming rise today. Such a sweet spot Ocado are in at the moment. The world market leader in online grocery solutions at a time when so many grocery companies will be looking to solve issues in their own operations and turn their current margin loss per delivery into a margin gain by using Ocado's technology

How apt, puffing on your Cohiba Churchill's as flames lick around your MKS investment

Of course my words will have no impact, neither will yours. Far larger forces at work than us determining the MKS share price. I'm simply discussing my research findings. Am getting tetchy responses in general rather than informed discussion. Always good to chat about other issues/ companies other than those one is invested in. 94p coming up soon, what then? I'm guessing you will reiterate those broker ratings and hope rather than adjust your outlook on MKS.

Not shorting. Carried out huge amounts of research on the retail industry. Still strongly believe this share will lag the general share market going forward. Don't need to see your trading screen. You timed well so far however those gains are being eroded daily. You are unlike the majority of holders of MKS shares who have seen their investments crumble overall.

Not shorting and not short. Interesting to observe what's occuring in this share though from a case study perspective. Downside is opening up.

Reddingtonr, are you long or short currently?

Little resistance downwards for these shares..

The pain before the pain.

@neilhumphreys5ya

On 16th March the MKS share price was 96.92p, so it has risen around 3% since then. Well done. In that same time period OCDO has risen 75%. I have been long OCDO for many years. Things smell good for you as you are buying them but for MKS shareholders things haven't smelled of roses for many years. I understand your touchiness more now given your age. MKS were amazing back in the day. My nan loves them but alas they have been so slow to hook into the technological changes of how we shop, fashions have changed and competition is fiercer than ever.

@Carrington

Sensible points. I have no issue whatsoever with the tie up with Ocado. It was a good move made very late so MKS can catch up with their competitors. The elephant in the room is the 959 UK stores MKS currently has. Out of tune with the publics move away from the high street. Out of sync with the pandemic which has brought about permanent change towards home working So many of MKS's stores are in city centres, railway stations, office dense areas where footfall has decreased dramatically and is unlikely to ever recover to where it used to be. With this change it makes so many stores unviable and in the wrong locations.

@chilting

5 years down the line I expect Marks shop floor space to be at 30% of current. I do not see MKS getting anywhere close to dominating the clothing market. The comparison in the outlook was discussed by us on 6th July on the OCDO chat board. jimjam took the comparable prices on that day as per his post OCDO was 2000p, MKS was 100p. Around 8% outperformance by OCDO so far.

You are very touchy when faced with a counterargument to your investment. Proof is in the pudding. Share price drifting and will drift more. October will not be the silver lining this board hopes for.

Keep hanging onto your hopes, analyst price targets and nostalgia/sentiment. The only price that's truthful is the share price. It's low, drifting, underperforming the market and will continue to do so