Get your free seat to meet Mark Slater, the UK’s top fund manager of the past decade and hear what he is buying in EXACTLY 12 days’ time
Columbus Energy Resources – CO₂ pilot project progress, “the potential to transform oil and gas operations”?
Woodford Revolutionary Pharma-Dog Verseon launches blockchain nonsense. (PS- have you got $10m Neil?)
Published 15 days ago
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.
Published 19 days ago
There are some thin news days...and there are some busy ones. Today is one of the latter...so let us dive in…
Published 49 days ago
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...
Published 66 days ago
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!
Published 67 days ago
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.
Published 67 days ago
Another day, another bout of UK retail Christmas trading updates…
Published 71 days ago
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.
Published 75 days ago
Early each year, we note the top shorted London-listed shares as at the start of the year. How did 2018's perform?...
Published 112 days ago
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).
Published 121 days ago
What blue chips do the "professional" share tipsters like and should we care?
Published 131 days ago
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)…
Published 134 days ago
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...
Published 299 days ago
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:
Published 347 days ago
Early this year we showed the ten top shorted London-listed shares at the start of 2018. After the first quarter, how's performance?...
Published 524 days ago
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.
Published 615 days ago
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.
Published 702 days ago
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%...
Published 777 days ago
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).
Published 838 days ago
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.
Published 962 days ago
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.
Published 1019 days ago
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?
Published 1027 days ago
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.
Published 1187 days ago
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.
Published 1258 days ago
Which of the following do you believe is more important as a guide to Tesco’s (TSCO) corporate well-being?
Published 1710 days ago
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.
Published 1711 days ago
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.
Published 1712 days ago
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?