views

Marks & Spencer has finally hit the 2020s (positively)

The last time I wrote about the shares of Marks and Spencer (MKS) was just before the world of Covid-19 kicked in globally. Back then I concluded that “at least the incoming Marks & Spencer CFO knows how to admit a wrong strategy”, and over the last 27 months or so M&S shares have gone down and up. This morning’s rise, after full year numbers publication, of about 11% has taken the shares back to the level of just over 180p of when I last wrote about them. Is the turnaround actually working?

NEWSFLOW

Marks & Spencer (#MKS) – FY adj. EPS -17%, emphasises improvements and plan to restore dividend this year

NEWSFLOW

Marks & Spencer (#MKS) – Q3 constant currency sales +9.9%, UK LFL +7.2%

views

Marks and Sparks Could Face a Bright New Year with Pensioner Spending Power Not as Grim as it Seems

Hello Share Chewers. Many years ago now Marks & Spencer (MKS) was an alluring share. Decent dividends and a steadily rising price graph. I sold my holding when the shares attained about 340p. Good job I did because nowadays the company’s shares have struggled for years and are currently at only 141p. But a few happy recent trips to M&S move me to consider buying back in.

NEWSFLOW

Marks and Spencer (#MKS) – H1 adj. EPS -36%, defers shareholder capital returns consideration “until nearer the year end”

views

Buying boxers at M&S may be fine, but the shares remain tougher to justify

I am sure there are some people who are still very hopeful about their Marks & Spencer (MKS) shares but I dumped mine so long ago that I guess even a pair of its expensive boxers would have worn out by now. Forget though the 60% fall in the company’s share price over the last five years or the 40% fall year-to-date, or even the decision of the CEO to exit stage left after six years in charge, is there any interest in the shares over the next year or not?

NEWSFLOW

Marks & Spencer (#MKS) – Q3 constant currency sales +18.5%, on 2 year basis +8.6%

NEWSFLOW

Marks & Spencer (#MKS) – H1 2-year adj. EPS +70%, argues “main businesses making important gains”

views

Stand By for a Cool Yule in Shareland as the Fabled Santa Rally Could Be Bigger than Ever.

Hello, Share Pickers. This old punter is a big believer in the Santa Rally, that fabled big share boost up to Christmas. Nearly always stock values creep up during November and December. Though you have to be ready with the sell button in January. There was no rally last year due to covid, but can we expect a yule surge this time? You bet we can.

views

Who is still buying clothes at M&S & a higher bid brings delight at Morrisons

It is far from being a quiet Friday in August. And whilst there is plenty of scope to chat about the commodity sector given the excitements in China, once again I find myself wanting to comment on the UK grocery and related sector.