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Post by easterndreams on Apr 14, 2020 1:06:22 GMT
M&S debt maturing in 2027 is trading at 83.50, 6% yield ... I know retailers are in trouble, but M&S can probably last 7 more years?
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garfield
Member of DD Central
Posts: 490 
Likes: 268
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Post by garfield on Apr 14, 2020 13:35:52 GMT
I agree! Don't forget they are in the process of tying up with Ocado.
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Post by kazamx on Apr 14, 2020 15:26:10 GMT
Also no fees on M&S bonds.
All gone at the moment though
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Post by easterndreams on Apr 14, 2020 21:30:01 GMT
I bought some as I posted, it has gone up to 85 already!
I think I will hold until low 90s, maybe take a chunk more as well until then.
There seem to be lots of opportunities as markets bounce back.
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Post by easterndreams on Apr 16, 2020 9:01:24 GMT
Today 86.5
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Post by easterndreams on Apr 16, 2020 12:00:30 GMT
Now 89
What a performer!
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Post by easterndreams on Apr 21, 2020 8:26:10 GMT
Now 89.75
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