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Tesco and sainsbury recently posted a huge hike in profits. Beer sales in supermarkets are booming. I know this as a matter of fact because I regularly speak to a number of superstore managers who work for these companies. I'm not suggesting beer sales are booming, I'm telling you they are as a matter of fact. And our local city centre is chick full of youngsters out drinking and partying most evenings, particularly at the weekends. Sales of alcohol, both from the supermarkets and pubs are booming and that is a matter of fact.
I shop in a range of supermarkets regularly and have seen no evidence of beer sales booming.
Chester, my home city, a major tourist destination, is pretty dead most nights of the week. Even Saturday night's customer levels are a fraction of pre-Covid numbers.
Folk are undoubtably feeling the pinch and will continue to do so.
Beer sales in the supermarkets are booming. I know several store managers and they tell me this, you can also see it for yourself when you go shopping. And the pubs are full of people drinking. Especially in this weather. Times are hard but it hasn't stopped people socialising, nor will it.
I like that bit, (Very little has actually changed,).
Where have you been customers will all be getting shorter of money , customers will be drinking less and eating less and sales will go down with profits being very hard hit.
The city must think year end results will be bad so the SP could be down to 35p-40p if we carry on like this.
I remember the excitement when the Carlsberg deal was announced - the share price went crazy. The weather's great, covid has all but gone, restrictions have completely gone, pub gardens are full, beer sales in the supermarkets are booming, town centres are full of youngsters most evenings drinking and having a good time.. stocks are being pummelled by the Ukraine situation, inflation, rising food prices etc, but it's almost like the market has become utterly disconnected from reality. Times are tough, times are worrying, but people are largely getting on with their lives..They still go out, they still drink, they still shop. Very little has actually changed, despite all the gloom and doom. At some point stocks are going to seriously rally from these ridiculous lows. We're not there yet but the time will come and when it does, you're not going to want to be out.
Yes great weather for drinking, most other pub shares finished in the blue today, not this one of course. Sp was better when our pubs were shut in Covid, perhaps we need to shut them again and reopen next year lol,
Good drinking weather, and down here in Cardiff a number of big stars in concert which should bode well for Brains Pubs.
Seems to have got off quite lightly today compared to others in the sector.
Volume
3,482,481 today - Average Vol. (3m)1,437,556
1.17 buy - 2.3 mil sell
lets hope that's the end of that hidden seller
Crikey, another 5% down, I expected 60p by summer, but now heading for 40p and fast. Awful.
I'll make sure my group of four who are going to Cyprus tomorrow all drink plenty of it too then lol
Volume Change (%)
10d/3m
+71.23%
Amir
Of course lending out shares creates an income for the lender, but the fee for an easy borrow such as Marstons is would be exceedingly cheap, worthwhile if you are a bona fide holder but surely not worth buying for cash & then receiving a miniscule fee for the trouble of doing that. Furthermore there is no indication of there being any sizeable shorting of MARS, either by the FT which is usually good for this nor from short tracker web site.
As the FT shows that less than 29% of Mars is held by holders of a significant amount (1.8% & up) I respectfully suggest that with so many smaller shareholders sitting with a stock which has gone from being a high yielder to a zero dividend paying stock over covid period that the buyers have probably had no difficulty in accumulating their positions just by sitting in the market with a bid price, mopping it up from small sellers.
lots of O buy trades today in good numbers. More than twice as many buys as sells. @900000 to 4000000 at 15:25
Lending shares generates an income while the shares are on loan. Widely acknowledged practice. If they’ve gone long they’re off to a bad start; -6% already.
I've just found out that Mythos is a Carlsberg brand. So I'm out drinking a few very cold ones in my happy place.
You're welcome. :-)
Not that strange. A technique to hold price in a given range while nominees are building below declaration threshold stakes.
All has to unwind at sometime and it is definitely not market manipulation.
That would appear a strange scenario. Maybe they have money to burn or know some convoluted mechanism best known to the Americans.
I have seen US Investors loading up heavily on UK stocks and then pulling the plug, creating big drops in Sp's. Stranger things do seem to happen in Markets these days.
Where has sound money gone??
Sorry but I'm not sure I understand you, are you saying that they will buy shares to lend to a short seller so that the value of the share they own will go down & they then lose money ?
How was the Pedigree this afternoon, any good ?
Yanks think uk economy is basket case ; it seems more likely that they will loan out the shares in short strategy.
Well as I posted on Wednesday it would be interesting to see if any other nominees pop up as holders, lo& behold there is a Fort Lauderde office of a NYC company in todays rns as holders of 5.07%, Clearbridge who claim 190billion $ under management. I think they have something to do with Franklin Templeton who are tax haven based in Cayman & Bahamas with a large office in Fort Lauderdale.
Who will be the next to declare I wonder ?
Perhaps the SP might finally start to rise ?
Grey Monk - check out short tracker web site as this gives you the sp. for all shorts on uk mkt but MW reduced recently May 2022 to 0.69% and once below 0.50% even short tracker does not record-so nothing here to speak about. I can see them selling before H2 numbers come out where it has been said sales are expected to improve. However it would be good to have some warmer weather and another Football tournament?
Fair trader exactly what I was thinking the connection with Coltrane may be more for the Carlsberg JV. if interest from the states. However this might bring them around to look at Mars considering the strength of the USD and a re-valuing process for the pubs where it was reported on the presentation that they may have increased? Who knows?
apologies but my response was to the post asking if they were shorting
Sparky, perish the thought, are you trying to deceive readers? The news report you link is 4 years old when Marstons owned a brewery, 5 actually.
Maybe Carlsberg are exploiting the US connection?
Remember they have tie up in the states with USA craft beer? Which creates interest. No shorts here please -even MW reduced recently and soon will be below the 0.50% regn mark on short tracker. At least we are now making money withe growth in sales expected when H2 results come out.
https://www.marstonspubs.co.uk/news/marstons-secures-new-distribution-deal-with-american-brewers-founders.aspx