The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Agreed 8.9 Million shares traded compared to the 2.2 Million 90 day daily Average. Which is either in expectation of improved results, or someone knows something already to encourage a lot of buying. Not long to wait and see.
However I suspect it is not all down to just the Sun coming out, but wonder if the Chairman was aware of something before his new job came along at British Land where in the event of a takeover he would not be required?
Who knows, but lets face it at this share price is is still just off bottom and still a long way off what the Accountants feel it is worth on paper. So It will be an interesting week next week I am sure. GLA who have stuck by this share especially if we can now see a long awaited move back up.
The exceptionally high volumes today certainly suggest that something is afoot. Worth watching for a possible rerating or more.
I've held Marstons shares for a number of years now and I've watched these plummet, while my RR shares have risen nicely from the 32p I paid for the majority when things were looking very bad indeed.
Marstons have been a dreadful buy for me, but I've just nibbled in today in the hope that the update on 14th may throw out some 'surprises'. Pure speculation from me at this stage!
Thanks Lejjb for your thoughts :)
Expecting something to be announced with the results on the 14th.
Now over 5 million share trades. Building momentum it seems. GLA.
Thanks Warren Buffet but the volume speaks for itself
Cheers Supercharger
Yes already over 4 Million of share transactions for the second day, and already over twice the 90 daily average by mid day.
Maybe the Daily Mail were correct a takeover offer is back in the offing, or someone has picked up on the Carlsberg Marston Northampton brewery figures highlighted on BBC news where they have been producing over 2 million pints per day.
Updated Sales figures next week too. Will be interesting if any approach is mentioned.
It's a mug's game to try guessing whether "someone" is behind the increase (or decrease) of a share price and/or a change in the trading volume.
Certainly, IIs and traders are smart enough to break up their transactions so that it's not obvious that they're investing / divesting not to create a market frenzy.
The only time when IIs are less good at hiding their intentions is when their short-selling teams have to cover their positions in a rush when there is a key event that changes everything (look up Michael Taylor's (aka Shifting Shares) video on YouTube regarding Porsche and VW, an event that happened about 6 (?) years ago). And even then, we cannot state for certain that it is shorters covering their positions. People who claim that are either deluded, or trying manipulate dummies into buying (or selling) while they are secretly doing the opposite.
Certainly, for Marston's, the declared short interest (www.shorttracker.co.uk) is very low so such an event (i.e. shorters rushing to close) is highly improbable.
My take, as I wrote before, is that broader market sentiment towards suburban or rural (aka "community") pubs has dramatically changed, partly triggered / illustrated by Heineken's decision as reported on 6 May (see my earlier post), news which did surprise me TBH.
Somebody may know something here ?
Something certainly seems to be a foot here and about time to.
Over 4 million of share deals today tells me someones active, before we get any announcement next week (if any) with the half year results.
Https://www.bbc.co.uk/news/articles/cj5lvgyy5y1o.amp
This might be the catalyst for the rise. Very significant and big departure from the norm that a brewer invests in pubs, and emphasis on suburban (vs city centre) location in which Marston’s specialises.
Don’t forget Prince Harry who might decide to stop by a Marston’s to have a pint on his return from the Invictus events, making the chain the go to place of all American tourists.
Or Elon Musk who might want to do a deal with the chain to trial FSD 13 ("fully self-drinking").
The Daily Mail and Sunday Mail in their defence do get it right on occasion however? So we only have a few days to find out, as we will have half year results soon too.
Certainly the share price is at an opportune target price, at an opportune time what with the Chairman off to British Land. Who also might lodge an offer for some or all of the pubs where the property Value is certainly well over that of debt?
What a poor piece of clickbait from the Daily Mail.
1- it lists some business(es) which it explicitly says are not ripe for takeover yet.
2- it gives reasons for their trouble (reasons not over yet), but for more than half of the companies listed, it does not say why they should be worth buying.
Getting free options is not the same as buying shares with his own money!
I I wonder if "The Mail" has been tipped off, as if there has been an approach we will know very soon in a few days with the latest set of results. Although on paper the current share price does look very cheap.
I know that in 2021 there was a proposal regarding a potential cash offer by Platinum Equity Advisors. The strong USD suits an approach from the States I suppose too, as we have found with a number of other great companies lost from the LSE. We also know the new CEO has been buying a large number of shares recently too pre-results.
Mail names Marstons as 1 of 10 takeover targets:
https://www.dailymail.co.uk/money/mailplus/article-13390791/cash-stock-market-feeding-frenzy-ten-companies-ripe-takeover-bid-investing-yield-returns.html
Interest rate cuts and lower inflation means more spending power coming for the consumer,also election very near means a relaxing of the tightening that has affected consumers. I am willing to call bottom on this,and can see a very big rise from here
Https://www.ft.com/content/0d0dfe06-ffe9-447a-839c-78de94b90a0f
Based on this article, I think it could be premature to call the bottom, but it must be coming soon
Supercharger. You are spot on,and it just shows this s.p. is so ridiculously low,and must rise from here,with consumers recovering from the cost of living crisis,and with inflation and interest rates now coming down.
As we know Heineken have a partnership on beer production with Carlsberg and they have now have made headline news by re-opening up to 60 pubs they previously closed due to what they now say is due to increased demand for pubs.
As the Carlsberg Marston partnership produce certain beers in partnership with Heineken that could well benefit the brewery in the Uk particularly since the Carlsberg partnership with them since 2008.
In 2008 Carlsberg Group, together with Heineken, bought Scottish & Newcastle, the largest brewer in the UK, for £7.8bn ($15.3bn).
The Scottish and Newcastle brands such as San Miguel are now produced in the Uk by the Carlsberg Marston Partnership.
So again the Carlsberg Marston Brewing Company will benefit. This is good news.
FD,,,,dont forget Mansfield brewery,i worked there 30 years and when marstons (W&D) took over and closed it,they tried brewing mansfield bitter at burton,and yes there was a difference
Having closed Wychwood Brewery, Jenning and Ringwood. All Marstons Breweries, does it make sense?
Wychwood brewed one of the best beers in Hogoblin which may have transferred to Northampton or Burton. Many say the brew does not taste the same, maybe it is the water, which historically has influenced the taste and flavour of local brews.
I would suggest buying up Adnams. A family run and owned business that producers good beer and wine. Like the Marston offering I also like the Adnam's Ghost Ship low alcohol beer. Infact me I would rather they had Adnams than Green King. ATB.