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Letter "R" » Richard Ratner Quotes
«Inference is that margin will be lower because of need to clear stock.»
«New Look has gone well since going private, although it could be argued that perhaps it is doing rather too much at once.»
«Unless it has fifty per cent off or more, it is not selling.»
«It looks as if he is going of his own volition which is a clear indication of where he thinks the business is going.»
«[Marks & Spencer was among only a few retailers to make gains, closing up 2p at 382p after the chief executive Stuart Rose unveiled the group's Cardinal Place store, its first new opening in central London for over a decade.] There is little doubt that M&S will achieve top of the range estimates, even if the all-important third-quarter like-for-like sales are down 4% on non-food, ... what we worry about is the ability to grow profits.»
«We thought they'd had a worse Christmas than most people expected. They had a better Christmas, and they're talking about UK GAAP at the upper end of the range.»
«They might get, in our view, on a decent day, an enterprise value of ?2.9bn to ?3bn but you've got to take ?2bn of debt off that.»
«We've heard there is an emergency managers meeting today.»
«The question must be ... whether anyone could run it better than Alan Giles. Thus, there must be some doubt as to a bid emerging.»
«With the chairman off, a downgrade and the Japanese no longer likely to bid, the shares are unlikely to make further progress in the short term.»

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