Marks and Spencer (LON:MKS): Is there a level at which value can be had?

The news headlines this morning were dominated with Marks and Spencer’s results. Only the previous day, they announced the closure of 100 of their stores (some of which have happened already), to be followed by their results today. The timing of this was odd, considering that these two announcements could really have been made together. However, despite adverse coverage by the BBC, the anticipated bloodbath did not occur and in fact at the time of writing, the share price trades slightly up. Continue reading “Marks and Spencer (LON:MKS): Is there a level at which value can be had?”

Pure Passive Investor. Always looking for ways to make money (but not myself) work harder.