Spinner
All the retail sector is moving up at the same pace, hence MKS will still be on a much worse P/E. There are no signs that MKS is doing any better thatn the rest. The current boom is expected to be short lived by retail analysts. Once the increases in unemployment start to be felt the retail will fall back again. I expect it to be sub 300p soon and closer to 200p during next year. The company has not changed much. I still see expensive rubbish in the men's clothing section. The women's clothing is a lot better, but expensive for what it is. I think that Next probably has as good and cheaper. Don't forget thet MKS's increase in profits at the last announcement was almost totally made by cutting their supplier costs. That is more or less a one off factor.
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