Marks and Spencer Group (LSE:MKS) and a local park…

#Gold #Germany  For years, literally since the invention of on-line shopping, we’ve had considerable doubts for the survival potentials with regard the big High Street retailers. But since the start of the 21st Century, M&S started a very discrete repositioning process which was impressive. Suddenly, a deal between themselves and BP saw some petrol stations migrate from being a bunch of petrol pumps, a car wash, and a shop, into becoming a very big M&S food store. But also equipped with fuel pumps etc.

From a personal perspective, I saw this happen to a fuel station I’d managed years previously as part of my family business. Before I escaped!

When I took control of the place, along with another few filling stations, it quickly became a favourite due to an excellent public park across the road. Even back in the day, my dog(s) joined me while I pretended to be a competent manager and this particular site also had a very large and very empty office, due to admin tasks being carried out at the main retail outlet several miles away. The dogs loved the place, spoiled by my staff, frequent walks in the park, and chauffeur service between their primary eating and sleeping home and this excellent  eating and sleeping home. Even better, the large plate glass windows allowed them to judge every dog being walked past, while also keeping an eye on customers filling their vehicles. From a dogs perspective, it was heaven.

 

This is going to sound unbelievable but, one day I decided to start selling newspapers and milk in the car accessory laden petrol station shop. The sale of milk demanded I buy an open fridge and it became obvious to stock it with pre-packs of bacon, sausage, and butter. Within weeks, everything was to change, the car accessory stock consigned to an outside store as the retail shop turned into a proper shop. The petrol station was in the middle of “flatland” in Glasgow’s south side with my stocking preferences being literally all the stuff I needed in my own kitchen in my local flat.

The oil company (for whom we were tenants) pushed back to a degree, worried the retail success would damage fuel sales. The converse was true, the main counter now boasting two cash registers and two staff. The place had become a runaway success. In one of the local pubs, I was challenged about the sales potentials and argued we could sell anything. As a result, I found myself with 7 days to sell 100 pink cuddly elephants. We sold them all, after 5 days. It can be safely assumed some fond memories remain of this outlet, one of my more stupid decisions being to award one of my supervisors a Concorde trip to New York which we’d won due to cigarette sales. On another occasion, another freedie Concorde Middle East prize for retail sales was ducked and given to my assistant manager, my excuse being if had wanted to fly Concorde, I’d pay for the trip myself…

When the machine stopped flying, a pang of regret was felt, along with the knowledge I was probably the only person who’d won TWO trips on the jet and dodged the experience and to be honest, it wasn’t generosity but an absolute terror of flying unless it was an essential trip.

When thankfully free of the (now defunct) family business and now mucking around with software design, it wasn’t a surprise when M&S and BP got together and turned my favourite petrol station into everything it could be. It was the pioneering M&S food shop in Scotland, perhaps the UK, hailed as a massive success. Due to the oil company charging annual rental based on shop sales figures, it’s possible we’d been less than accurate in reporting our sales but the manager couldn’t help himself, boasting about record breaking newspaper, milk, and cigarette sales, doubtless hoping for another trip to the Middle East by Concorde. Instead, he ensured the site became the first target for a major M&S Foodstore initiative and with exquisite karma, “Mary” who I’d given my freebie Concorde flight to New York, became the general manager of the new massive M&S/BP outlet which remains an outstanding success.

 

In summary, while we retain considerable distrust for the future of any conventional High St retailers, M&S have done the work. Currently, above 356p points at a potential for a visit to an initial 378p with our secondary, if bettered, at 398p. Historically, we’re always impressed when a share price regains an uptrend, due to fairly strong growth being possible.

 

Should things intend go wrong for MKS, below 333p threatens to trigger reversal down to an initial 305 with our secondary, if broken, calculating at 288p, along with perhaps a bounce! However, visually there’s a strong suggestion the share price shall eventually enter a cycle which proposes a long term target at 501p. And this should be deserved by a company which, we suspect, spotted the potential of online shopping harming their business.

 

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:20:26PM BRENT 7461 Success
11:28:35PM GOLD 3121.74 3100 3093 3081 3118 3128 3137 3149 3112 Success
11:31:47PM FTSE 8604.6 Success
11:36:39PM STOX50 5253.1 Success
11:40:46PM GERMANY 22243.7 21972 21923 21409 22284 22353 22440 22596 22137 ‘cess
11:45:47PM US500 5593.8 ‘cess
11:50:50PM DOW 41933.3 Success
11:56:39PM NASDAQ 19193.9
11:59:09PM JAPAN 35938 ‘cess

 

31/03/2025 FTSE Closed at 8582 points. Change of -0.88%. Total value traded through LSE was: £ 6,799,696,301 a change of 28.06%
28/03/2025 FTSE Closed at 8658 points. Change of -0.09%. Total value traded through LSE was: £ 5,309,813,922 a change of 6.75%
27/03/2025 FTSE Closed at 8666 points. Change of -0.26%. Total value traded through LSE was: £ 4,974,129,293 a change of -6.31%
26/03/2025 FTSE Closed at 8689 points. Change of 0.3%. Total value traded through LSE was: £ 5,309,245,116 a change of -37.66%
25/03/2025 FTSE Closed at 8663 points. Change of 0.29%. Total value traded through LSE was: £ 8,516,934,652 a change of 81.47%
24/03/2025 FTSE Closed at 8638 points. Change of -0.09%. Total value traded through LSE was: £ 4,693,303,680 a change of -72.9%
21/03/2025 FTSE Closed at 8646 points. Change of -0.64%. Total value traded through LSE was: £ 17,319,068,122 a change of 126.14%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:GRG Greggs** **LSE:IHG Intercontinental Hotels Group** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:RKH Rockhopper** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Diageo, EasyJet, Glencore Xstra, Greggs, Intercontinental Hotels Group, National Glib, Oxford Instruments, Rockhopper, Spirax, Zoo Digital,


LSE:DGE Diageo Close Mid-Price: 2014.5 Percentage Change: -1.56% Day High: 2026 Day Low: 1996.8

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LSE:EZJ EasyJet Close Mid-Price: 442.3 Percentage Change: -3.74% Day High: 459.1 Day Low: 441.2

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LSE:GLEN Glencore Xstra Close Mid-Price: 280.3 Percentage Change: -4.19% Day High: 288.15 Day Low: 279.3

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LSE:GRG Greggs Close Mid-Price: 1738 Percentage Change: -2.08% Day High: 1765 Day Low: 1733

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 8252 Percentage Change: -1.24% Day High: 8304 Day Low: 8186

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LSE:NG. National Glib. Close Mid-Price: 1009.5 Percentage Change: + 0.00% Day High: 1015.5 Day Low: 1004.5

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LSE:OXIG Oxford Instruments Close Mid-Price: 1720 Percentage Change: -3.59% Day High: 1762 Day Low: 1706

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LSE:RKH Rockhopper. Close Mid-Price: 48.6 Percentage Change: + 3.40% Day High: 49.1 Day Low: 45.6

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LSE:SPX Spirax Close Mid-Price: 6180 Percentage Change: -3.66% Day High: 6350 Day Low: 6160

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LSE:ZOO Zoo Digital Close Mid-Price: 9.5 Percentage Change: -6.17% Day High: 10.12 Day Low: 9.25

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*** End of “Updated Today” comments on shares

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