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RF has missed you, unfortuneately he decided to jump ship and No one knows how many of the Welsh venture are to be opened. It is known 40 will not pass H&S regs and many of the rest are city centre drinkeries with little or no outside space.
"Brain" box can you provide the logistical information?
I'm glad no one took the advice of Selling low and buying High, they'd be in the same boat as you now! Heaven forbid your strategy is something like a Terry Pratchet novel. The opening statement of "Yes agree Its looking like a good time to be back in here" is very good especially as its April SuperDischargers day!
Well at 98p you'll do well to sell at 96p and top back up at 99p.
DYOR & Stay safe
@Super(?)
Well a reasonable crack at an April fools joke from someone who sold at 50p from memory after puffing them thrice daily at least for some months, so now you can only buy less than half as many as you sold a few months ago for the same money ?
Well that sounds a great idea to me, not.
Yes agree Its looking like a good time to be back in here. Perhaps RF should be congratulated with a Stella deal with the Welsh Pubs as they are coming out of lockdown sooner than most. He has used his Brains! If foreign travel is restricted as expect and more stay to sample the Uk then Marstons will do very well in the second half of the year to start clawing back some money big time.
It will complement my modest holding here too.
@ Joe Kenny.
Actuqlly, I've had a bit of a re-think. I've had a bit more of a look at both COM & FUL, and of the 2,
I'm tempted to dip my toe into FUL with a small holding. Nothing too extravagant, 1000 or so shares.
My limited research so far sees enough positives to peak my interest.
I'm liking the expansion plans & low debt levels.
And I have a soft spot for Greek food. Only down side is no Greek food restaurants in my area.
Thought it would be worth just put 1k or so in each, think it'll pay off as things reopen.
You too Trent, think we're in for a good year
@JoeKenny.
RE: FUL & COM.
I did have a bit of a look at those two myself for a little dabble but decided against it. Not because I saw anything wrong with either of them, but more to do with having enough dosh tied up in the sector.
That said, whatever you decide to do, I hope it works well for you.
At last. Looking promising.
It's the same with my sgc holding too, yippee!
Australians have been going to the pubs and restaurants (based on reservation numbers) twice as much as they were before the pandemic. Great sign for UK pub and restaurant stocks.
Loads more articles like this online too:
https://www.just-drinks.com/news/australian-on-premise-rebound-a-harbinger-for-rest-of-world-analyst_id132599.aspx
Increasing my holding here alongside the smaller cap COM and FUL shares
Thanks fd20.
I see the shop has been closed from today. Message on door.....Any one local know if this permanent ?
In essence Marstons have asked that loan payments are defferred ( waivers) on a particular class of Loan ( class A Loan-notes)
This is the 3 rd time the company have requested and agreed by the Lenders ( loan-note holders) the waivers.
Have accessed the Solicitation Documents at https://sites.dfkingltd.com/marstons. the documents are very weighty of biblical proportions and realy require reading and studying, preferrably by someone with a Financial Law Degree.
I have picked one or 2 comments/statements that strike me.
The company currently has circa £540m outstanding on Class A loans in principle.
The company projects loan interest shortfalls until Jan 22 quarter and has requested the new waiver agreement is extended until October 22, given No further disruptions, due to further Lockdowns.
The Note-holders require the payment of an " Early Instruction Fee" ( new phrase to me, which as I read it means this fee is payed at each installment of the Class A loans. This fee is 0.5% , which to me is a way the Note-holders have circumvented the orginal agreement which was based on LIBOR. In other words, as I read it, and increase of 0.5% in interest charged.
Another important factor is the company have declared LF ( Liquidity Facilty, overdrafts to you an me) will not be reduced and will be extended/increased in order to make Interest payments on the Loan-notes.
I am yet to see anything about suspension of dividends, but am still reading, in between surfacing for air!!
I would suggest those are interested and have the inclination, read the documents stated, but give yourself a few hours of peaceful isolation.
Sorry Yoyoma - lse kept switching your name to Toyato !!!
Hi fd20 & Toyota- can you explain briefly in simple English what the rns means ?? Thanks - sewton.
Thanks YoYoMa better info than the RNS although still need to find the Notice of Solicitation which will give the nitty gritty and what conditions Note-holders have placed on the waivers. In particular payment of future Dividends which I suspect is going to be not what many expect.
Same RNS message but more information in this one.
https://www2.trustnet.com/Investments/Article.aspx?id=202103261016346494T
Mythos, now you’re talking, find memories of the Greek isles have a few cold ones. Lidl occasionally sell it when they have a Greek week. Another I like is Keo from Cyprus, it was my first beer after spending a few months working in Saudi Arabia so I was gagging for it. I only had 3 pints and I was wrecked!
There is a Marston's staff teams or Zoomer or web thing thing today about the reopening, I will ask the Nephew
Yes, that's one of my favourite tipples too. This alongside Mythos. (A Greek beer). I love both.
Very doubtful it will happen seeing as alot of teenagers work in pubs / restaurants and they are way down on the list for the jab so why demand the jab from customers but not the staff ?? Can you see the same happening in a McDonalds ??? As there is currently a delay in vaccine supply then could be the end of the year b4 teenagers have recieved their 2nd jab, by then the pubs / restaurants will have been open approx. 7mnths - GLA and bring on the first pulled pint - I'm getting thirsty :-))
Not tried the gold - but I agree Hobgoblin is a top beer at such a great price thatI don’t feel compelled to seek a shareholders discount at the till.
Amazing beer only £1.19 a bottle
Amazing value
I think the shares are Amazing value at the moment too!
Who will police these passports ??? The publicans of course, Who will pay for the increase in staff costs the drinkers of course What legal entitlement will the publican have to adhere to if a customer is refused on health or religious grounds and subsequently goes to law declaring discrimination ??? It cant happen can it ????
It may be dopey, but when Airlines are making it obligatory, we are in a one way street. I do'nt like it and only took the vaccine in order to travel, otherwise I would not bother.
Hypie best go to off-sales and buy a barrow full of bottles.. Ah wait a minute, do I hear supermarkets are being encouraged to enforce only allowing customers into store who have a "passport".