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Keyword results: MKS

Newsboy
PREMIUM CONTENT

Ex-dividends and potential FTSE 100 changes

Many, many years ago, I panicked when a significant investment of the hedge fund I was working for at the time started one Thursday morning significantly down…until I realised it had just gone ex-dividend. So, if you own shares in Aviva (AV.), Mondi (MNDI), Diageo (DGE), Haleon (HLN), Ibstock (IBST), Auto Trader (AUTO), Land Securities (LAND), Legal & General (LGEN) and a bunch of other stocks do not panic. I could also flip it around the other way, and observe that you should not get overly excited about yesterday evening’s results from the Silicon Valley favourite, Nvidia.
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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Canadian Overseas deliberately deceives investors and what is it hiding now?

In today's Bearcast I discuss: Marks & Spencer (MKS) and John Lewis, Amur Minerals (AMC), Ben's Creek (BEN) - a zero in waiting - Optibiotix (OPTI), Skinbiotherapeutics (SBTX, Tingo (TIO), Canadian Overseas Petroleum (COPL) and Sharestock where there are just 11 seats left for September 23 - you can book HERE 
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MKS
MKS
PREMIUM CONTENT

M&S management may not be as smart as peers at Next…but at least they are not John Lewis II!

I read today Marks and Spencer (MKS) observe that it has seen strong trading. Or to be more specific, “the first 19 weeks of the year has seen continued market share growth in both the Clothing & Home and Food businesses, and good progress on the programme to reshape M&S”. That is a lot better than many UK retailers…but how and why?
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PREMIUM CONTENT

Ocado finally starts to mention cash flow and related more than EBITDA!

Regular readers will know that I am not the biggest Ocado (OCDO) shares fan. Yes, a couple of times a year we get one of the company’s electric vehicles to deliver its (and Marks & Spencer (MKS)) food and related products…but it is only a couple of times a year as the J Sainsbury (SBRY) equivalent is almost as good and certainly a lot cheaper. Why then, after a shocking share price performance in 2021 and 2022, are Ocado shares now slightly up year-to-date, with a current this morning 10%+ share price rise?
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PREMIUM CONTENT

What happens when Ocado falls out of the FTSE 100?

I have got some bad news for Ocado (OCDO). Despite the company offering me a “summer offers on sunscreen and ice cream, a romantic Meal Deal for two and a barbecue feast”, via email the other day, I have just booked next week’s food shopping home delivery once again with J Sainsbury (SBRY). Don’t get me wrong, Ocado (and its M&S (MKS)) range of offerings is quite nice…but it is not really required by me and family in late May. It should probably contact me again nearer my birthday or maybe Christmas. And in the meantime, it should think a bit more about whether its share are going to be kicked out of the FTSE 100?
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MKS
MKS
PREMIUM CONTENT

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?

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PREMIUM CONTENT

Ocado continues to offer great food, but as for its shares…

Whilst typically we are users of J Sainsbury (SBRY), now and again we organise a home food delivery from Ocado (OCDO). Whilst a few bags of food and related from the latter is not cheap, the quality is really good and having a delivery (or two) from it rather than a single restaurant meal is an easy call in my opinion. However, as an investor, I have avoided Ocado shares.
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MKS
MKS

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.
Newsboy

A big week for UK Christmas trading corporate insights ahead

I am looking forward to this week. Whilst I have no idea whether the weather will be good or bad, I do see a bunch of fascinating upcoming corporate comments and statements from Wednesday. The realities of Christmas trading will start to become apparent as well as a few hopes for FY23 earnings progress (or not).
PREMIUM CONTENT

Ocado – nice food, expensive prices and a striking money-raising

I do quite like receiving a food delivery from Ocado (OCDO). It is not cheap but the quality is good and it is certainly better than going to a restaurant or something like that. However - as I last detailed HERE three months ago - it is a “good job I prefer Ocado’s food delivery to its shares”, especially as the nearly £6 billion market cap company has felt the need to raise nearly £600 million in an equity raise. What is going on?

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MKS
MKS
PREMIUM CONTENT

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?

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MKS
MKS
PREMIUM CONTENT

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. 

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PREMIUM CONTENT

My Ocado delivery is arriving later but how about its shares?

I believe there is a football game at 8pm later today (sorry Italy, but someone has to lose) but – helping to make sure the family has a range of nice things to eat and drink whilst watching the game – Ocado (OCDO) is dropping around at the house in a few hours time. It might describe itself as ‘a publicly-traded company that develops software, robotics, and automation systems for online retailers’, but specifically in the UK it has switched from working with Waitrose to now working with Marks & Spencer (MKS).  

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SOS
SOS
PREMIUM CONTENT

Sosandar – Marks and Spencer deal: good news

AIM-listed online ladies wear purveyor Sosandar (SOS) has announced a deal with Marks and Spencer to bring a curated collection of its products to M&S’s online store. Whilst there are no numbers offered, this strikes me as good news.

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - the big villains of the weekend financial press are....

The small villains are the uber-spiv directors of Remote Monitoring Systems (RMS), Trevor Brown and Paul Ryan who get a good slating. I, again, ask questions about the timeline of events. The big villain is Sir Phil Green of Arcadia and I ride to his defence and have a pop at one of his critics Sir Stuart Rose formerly of Marks & Sparks (MKS) Finally we are just £400 short on the Woodlarks appeal. Help us over the line and I promise not to mention the charity again until February. Thanks to those who have donated, if you have not you can donate HERE

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MKS
MKS
PREMIUM CONTENT

M&S shares remain (just under) a quid's worth of option money...

Almost as embarrassing to admit that I spent six hours of time gawping at the BBC’s American election coverage overnight (I did eventually switch to a financial TV channel), is that the smallest position in my SIPP is Marks & Spencer (MKS) upon which I am currently sitting on a stonking loss (i.e. a small starter position has got even smaller). They cannot all be Barrick Gold (NYSEGOLD) or GVC Holdings (GVC) I guess…

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With Armchair Food Shopping Set to Increase What Can Go Wrong for this Home Delivery Doyen?

Hello, Share Trappers. Many of you will be wondering how much dosh is currently being made by Ocado (OCDO) because of the virus. At one time, some investors avoided the stock because online supermarket shopping was considered to be not that popular. But now the pandemic has shifted more focus to armchair shopping, well, what could go wrong?

Newsboy
PREMIUM CONTENT

No choice at M&S, whilst Wm. Morrison gives itself choices...

Few people can be surprised by yesterday’s update from Marks & Spencer (MKS) that it is cutting a little under a tenth of its workforce. The update may technically have been in-line but the tone was undoubtedly very cautious. In the last 13 weeks reported on, the like-for-like sales in food may have risen by 2.5% (and even better ex-hospitality interests), but the shocking aspect was 40% odd declines in clothing/home offerings even if online was strongly positive…

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MKS
MKS
PREMIUM CONTENT

Marks & Spencer – 'Never the Same Again'...

Confession time first. I do own some Marks & Spencer (MKS) shares…they are though right at the bottom of my SIPP and equate to approximately 0.2% of portfolio value. Clearly I should get rid or stick to my own rules of having no position smaller than 1% nor greater than 10% (hello Barrick Gold!). If truth be told, I have been considering whether I should quintuple (or more) my holding. Today's full year (to the end of March) results seem like a good chance to consider when I pull the trigger…to buy or sell...

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Unable to answer the question posed by Nick Leeson

I start with Malcolm Stacey's column today and explain why he is wrong in his conclusions about supermarkets. Then I try but fail to answer Leeson's question about the markets. I discuss Zoetic (ZOE), Marks & Spencer (MKS), JD Wetherspoon (JDW), Future (FUTR), Rightmove (RMV) and Purplebricks (PURP)

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MKS
MKS
PREMIUM CONTENT

At least the incoming Marks & Spencer CFO knows how to admit a wrong strategy!

I had a feeling that the Marks & Spencer (MKS) regulatory news update was something to do with a new CFO appointment. Longer-term readers may recall back in September last year I mused about the resignation of the wonderfully named Humphrey Singer, concluding that 'my guess is that Humphrey despite a big old salary and historic reputation just cannot quite cut it'. Today's news that in June this year 'Eoin Tonge will be joining the Board of Marks and Spencer Group PLC as Chief Financial Officer' looks positive…

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MKS
MKS
PREMIUM CONTENT

Marks & Spencer – you know what happens when there are no believers...

You all know I am a Marks & Spencer (MKS) shareholder and - as I described here a couple of months ago - my basic view that the recent harsher and focused management style of Archie Norman and Steve Rowe has given the company the most viable future potential backdrop for a generation. I still think this despite being down on my two quid odd average in price and the recent resignation (or push out?) of the CFO, who I do not think was up to that sort of a job. Today's half-year update ('far reaching change - delivered at pace') is a classic interim statement…

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AML
AML
PREMIUM CONTENT

Management matters part 2: Aston Martin Lagonda, M&S and Domino's Pizza

I mused on Friday  in the cases of Tesco (TSCO) and perma dog Metro Bank (MTRO) that management - unsurprisingly - matters.  The Sunday press brings more examples...and it is with another perma dog that we start.  In the most blindingly obvious shift since Metro Bank finally got rid of its chair, apparently 'Aston Martin Lagonda (AML) is under pressure to shake up its board and bring in directors with more experience at listed companies after a disastrous first year on the stock market'. 
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September performance update: start of 2019 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance at the end of September? (those in bold remain from 2018)...

MKS
MKS

Why Marks and Sparks Has Lost Its Spark for this Old Punter

Hello Share Takers. Gosh, it’s a heck of a long time since I sold all my Marks & Spencer (MKS) shares because they were static. I bought them for £3 a throw and what are they now, many, many years on? About 188p, that’s what...

MKS
MKS
PREMIUM CONTENT

Is it good or bad that M&S loses another CFO?

So the weekend press story that the Marks & Spencer (MKS) chief financial officer Humphrey Singer was set to resign has been confirmed this morning. Naturally it is all nice words ('I feel privileged to be a part of the challenging but hugely rewarding turnaround at Marks & Spencer') but let's face it, no CFO exits into the night if something is about to go hugely right – especially after some well-publicised tough times…

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MKS
MKS
PREMIUM CONTENT

Whilst some go back to school, M&S goes back to the FTSE-250: problem or opportunity?

Investment is a credibility and confidence game. And part of this game is admitting that sometimes (actually quite often) you are wrong on shares.  But as always it is how you react that matters and with psychology being an important driver of share prices in the shorter-term, trying to work out what the average investor is thinking is part of the game.  

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AAL
AAL

July performance update: start of 2019 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance at the end of July? (those in bold remain from 2018)...

MKS
MKS
PREMIUM CONTENT

Quelle surprise - being the failed Halfords CEO doesn't make you a M&S clothing genius!

Undoubtedly you have read in the press that embattled retailer Marks & Spencer (MKS) has just lost its fourth clothing chief in a decade. Apparently it is something to do with a lack of skinny jeans availability. Whatever...but it goes to show that M&S is still struggling to find its place in the modern day clothing retail market. Perhaps even more intriguingly Jill McDonald is going to be temporarily replaced by Steve Rowe, the current CEO of M&S...and ex-head of clothing. I cannot remember it doing that much better under his tenure...

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IQE
IQE

June performance update: start of 2019 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance at the end of June? (those in bold remain from 2018)...

MKS
MKS

Late May performance update: start of 2019 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance at the late May bank holiday? (those in bold remain from 2018)...

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: Ha! Tough luck Jamie Oliver you patronising tosser

In this bearcast I look at the demise of Jamie's overpriced restaurants, at Marks & Spencer (MKS), Management Resource Solutions (MRS), Wishbone Gold (WSBN) and the very real scandal at Westminster Group (WSG). Now, with two rogue bloggerettes joining our trek on Saturday, the total raised has moved up to £44,296.18 - if you are yet to donate please do so today HERE

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DEB
DEB

April performance update: start of 2019 top shorted London-listed shares

Early this year we showed the top shorted London-listed shares at the start of 2019. How's the performance following April? (those in bold remain from 2018)...

CNA
CNA
PREMIUM CONTENT

My advice to Centrica and BT: have a plan if you are going to cut the dividend

Investment can be a kind of introspective business and it struck me yesterday that it was kind of interesting that when i wrote up my latest musings on Marks & Spencer (MKS) the other day, I did not even mention the dividend cut.  It was not as if I did not know about it but in an article where I probably squeezed in too many corporate names, it did not feel that relevant versus the Ocado related money raising, continued roll-out of the new strategy and the reiteration of numbers.  I found it interesting too that you had to delve quite deep into the deadwood press articles of the next day to spot this aspect of the update too.  

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Newsboy
PREMIUM CONTENT

RNS potpourri - M&S and Ocado, GVC, ITV, Taylor Wimpey...and badboy Metro Bank

There are some thin news days...and there are some busy ones. Today is one of the latter...so let us dive in…

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PREMIUM CONTENT

Tesco is talking sense on fresh food counters

I noted earlier in the month that Tesco (TSCO) was 'no longer on the ropes and is flexing its muscles'. I think the Sunday press story - which I see the company did not deny but did not offer further comment on - concerning 15,000 job cuts (c. 3% of its workforce) as it reconsiders the future of some fresh food counters and bakeries, is very consistent with this...

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast - a hot tip from Brokerman Dan

In this podcast I thinkI agree with Dan's tip. I then look at Independent Oil & Gas in light of Jim Armitage's article in the Evening Standard which takes this scandal forward some more. I cover ramp dog Chesterfield (CHF), Marks & Spencer (MKS), Gear4Music (G4M), Halfords (HFD), Starcom (STAR), UK Oil & Gas (UKOG), Angus Energy (ANGS) and the zero scenario, and Carclo (CAR). Tomorrow I may have better things to do than a bearcast as is the case every January 12. Or maybe not!

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Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: defending my friend Luke Johnson as the deadwood press prepares another attack

In today's podcast I look at Brighton Pier (PIER) in some detail and am almost tempted to make a small speculative punt on my pal Luke Johnson. I look at Debenhams (DEB) and Marks & Spencer (MKS) and at Imaginatik (IMTK). Finally I have a few questions ( again) about Wey Education (WEY). Oh. There is also a sexist joke in there and if you are offended I really don't give a damn.

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Newsboy
PREMIUM CONTENT

Another retail fest: Tesco grinds it out, M&S hopes, Halfords has another shocker...

Another day, another bout of UK retail Christmas trading updates…

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MKS
MKS
PREMIUM CONTENT

M&S, Smith & Nephew and PR puffery press articles

I noted two different hope cycles in the weekend press commentary.  The first is a short term one based on the plethora of retail sector numbers that will be published over the next week or two. The headline that caught my attention was 'M&S’s (MKS) lifeline from last-minute spending spree' which seemed to be a straight extrapolation from the Next (NXT) numbers, which I wrote up last week.

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REVIEWED: Performance of start of 2018 top shorted London-listed shares

Early each year, we note the top shorted London-listed shares as at the start of the year. How did 2018's perform?...

Bearcast
PREMIUM CONTENT

Tom Winnifrith Bearcast: RM2, I almost feel sorry for Neil Woodford

Okay, he is a conceited, overpaid, arrogant mother so I don't really feel sorry for him but I explain his appalling problem at doomed RM2 (RM2). I also look at Inspirit (INSP), Sabien (SNT) and Tomco (TOM) all three of which should be taken out and shot as their sole purpose on the AIM Casino is as a funder for the coke and hookers used by crony capitalists in the City. I explain a flaw (or two) in Malcolm's thesis today as I look at three retailers in trouble: Marks & Spencer (MKS), Debenhams (DEB) and Mothercare (MTC).

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MKS
MKS

The Most Frequently Tipped Companies by Professional Tipsters in November

What blue chips do the "professional" share tipsters like and should we care?

Newsboy
PREMIUM CONTENT

What ITV and M&S said next...

So after all that midterm election excitement (the pollsters got it broadly correct for once), time to consider today's large cap highlights. Two names stand out for me: ITV (ITV) and Marks & Spencer (MKS)…

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Bearcast
PREMIUM CONTENT

Tom Winnifrith: Deluded Frontera morons think being gay an insult & M&S does shoddy PR in the Sunday Times

I start with a Wigan Athletic supporting homophobic yob tweeting abuse at me on behalf of Frontera Resources (FRR). What a silly man at every level. FFS the real insult is he thinks I wear an England Rugby shirt.  Whatever... Then it is onto the blurred line between PR and journalism and the Sunday Times splash on M&S (MKS) which should be taken with a bucket load of salt. Finally a few words on Mike Ashley. He may be a lardbucket and a tosser but...

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MKS
MKS

Marks & Spencer - 'interesting things are starting to happen'. Really?

What to make of events at Marks & Spencer (MKS) over the last 24 hours? I last wrote on the embattled retailer back in July last year, concluding back then that:

Bear

Q1 performance update: start of 2018 top shorted London-listed shares

Early this year we showed the ten top shorted London-listed shares at the start of 2018. After the first quarter, how's performance?...

MKS
MKS

On You Marks? Ready to Spark? Perhaps Not if you Heed a German Bank

Hello, Share Puzzlers. What do you think might be the results of Marks & Spencer (MKS) for the second quarter of its year? If you are a long-time holder, you will not be very excited. I first bought this share at least 20 years ago. It was 300p a throw, quite a lot of money, then. Yet despite a huge devaluation of the pound and inflation the share is still only 349p today.

MKS
MKS

Marks And Spencer: the management better hope Margins Are Sustainable

The macro news today showed a glimmer of hope for retailers with the UK British Retail Consortium (BRC) data showing a 1.2% rise in June like-for-like retail sales compared to a year ago.  All hail the hot weather and the Eid celebrations which apparently - according to the experts - helped out.  

Easter 2017 update: Top shorted London-listed shares

From the FCA's spreadsheet of short positions required to be disclosed to it, at the start of the year we showed the ten top shorted London-listed shares HERE. The following updates, showing those with a current reported short position of +7%...

ASC
ASC

Look At Our Great Wall of Shops to Benefit from the China Syndrome

Hello Share Pingers. For the last few years I’ve poured scorn on investing in most retail chains. This is because of the encroachment of on-line shopping. But I’ve changed my mind. For one thing the big retailers have built up blistering on-line operations of their own. They are putting up a strong front of competition to long-time on-line specialists like ASOS (ASC).

MKS
MKS

Why Marks and Sparks Fails to Spark My Investing Fire

Hello Share Squeezers. You have to love traditional institutions. Marks and Sparks (MKS) is certainly one of those. But apart from a purchase early on in my investing career (not far beyond the Iron Age) I have avoided the shares. Reason: I bought them at £3 plus and for most of the years ever since the share price has monkeyed about at roughly the same level.

Wray

So you think blue chip shares are safe? Think again...

So you think blue chip shares are safe? Hat tip to a Mr N Wray from London for the table below which proves that they are not.had you stuck £5,000 into all the stocks in the FTSE 100 10 years ago in 17 cases you would have lost money in absolute terms. The worst investment would be RBS (RBS) where your initial £5,000 would today be worth £191. Other household names such as Tesco (TSCO), Marks & Sparks (MKS) and Aviva (AV.)  were just dogs. As the table below shows even supposedly safe blue chips carry risk.

MKS
MKS

Marks and Sparks' Flat Share Price Belies a Tasty Dividend

Hello Share Tasters. As far as I can see the share price at Marks and Sparks (MKS) has not moved very much in the last 10 years. There have been some alarming peaks and troughs along the way. But its the overall flatness of the share price that’s the main reason why I sold all my stock some time ago - and won’t be returning. However, I can see the advantage of being on board for all those share shifters who relish tasty dividends. And with the general performance of most shares at the moment, who can blame them?

Bearcast

Tom Winnifrith Bearcast - Dealing with the PLC Bullshitters like Lorne from FastForward

More stilly tweets from free speech deniers Paul Scott prompt a further defence of an unmuzzled press. I deal with Paul's bizarre conversion to totalitarianism and Cyan in a seperate podcast here. Lorne Ebony of FastForward (FFWD) asks you to accept that black is white. It isn't and his shares are a sell. I look at Gable (GAH) where a free press that warned you all is vindicated. Maybe some folks think I should not have let you know? I cover Marks & Spencer (MKS) and its problems before dealing with grossly overvalued Nyota (NYO) and its boardroom coup.

MKS
MKS

All That Super Yuletide Nosh Could Make Marks and Sparks a Tasty Punterooni.

Hello Share Shufflers. I've been a bit wary of Marks and Sparks (MKS) on this scintillating website before now. But I'm beginning to change my mind. I still find its clothing range a bit bland. Though I'm, not a fashion expert, and maybe what I see as a bit bland is really exciting new fashion.

Tesco: the super tanker starts to turn

Which of the following do you believe is more important as a guide to Tesco’s (TSCO) corporate well-being?

Tesco at 279p ‘cum’ a new finance director: a buy?

The news that Alan Stewart was to depart Marks & Spencer (MKS) as it Finance Director saw the next day’s M&S share price increase a little. In the case of Tesco (TSCO) the price was down 1%.  Stewart has a tough job to do at Tesco but as one might imagine, logically - and from his new Tesco pay packet - that he is up to the job.

MKS
MKS

Marks and Spencer at 426p ‘ex’ a finance director. What does it mean?

Two days ago I gave my opinion on Marks & Spencer (MKS) shares. Today its Finance Director announced that he is off to Tesco (TSCO). This is an understandable move for the man in question, Alan Stewart, and for Tesco where ‘every little helps’. Although, judging by Mr Stewart’s hefty salary increase to £750,000, plus a ‘golden hello’ worth a reported £1.73 million, his contribution is expected to be more than a little. 

MKS
MKS

Marks and Spencer at 420p: looking at the first quarter’s results.

In the last year to 29 March 2014 we were told that the first fruits of restructuring and reforming Marks and Spencer (MKS) were starting to appear. The company had just started up its own new digital buying web site rather than relying on sales through Amazon and the important women’s’ ware had been revamped by someone with the credentials to do a good job. The first quarter’s results were thus looked forward to with the anticipation that horticulturalists have each spring. Were the green shoots appearing?

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