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This has not been a good day. The 60p rampers are very quiet today.I still think it is a good investment but there are alot of disappointed people here today.
on further reflection the number of votes cast represent around 12.5% of the total eligible to vote
doze the problem is Brokers hold shares in Trust accounts and many shareholders are not aware of the process when votes are required. Possibly becuase of the high turnover of shares these passed few weeks records are not fully up to date.
With less than 50% of valid votes being counted does the outcome comply with Shareholder Agreement?
It is an interesting if only an academic point.
Gutted I missed out on the 59p minutes this morning... Well done to those who got in! IMHO this will be worth 80p+ come the end of the year and 100+ come 12 months time. DYOR. Much better option than a 0.1% interest savings account.
98.7% for Carlsberg but not many of 660m voted, only 82.78m. General indication of shareholder's not bothering whatever you are invested in.
https://www.lse.co.uk/rns/MARS/notice-of-results-2s44bc2i6e8wz72.html
Bit of a shake for Mars so maybe good figures on the way.
Are any of you aware of the q2 gdp crash that is coming?
Shop..... the market is volatile and imo will remain so for some time . Many stocks are on a roller coaster, many PI 's are jumping in with the expectation of making big gains quickly. Some are and have, but it can be a risky game and not one for the inexperienced.
As for Marstons there are several issues which keep it under a cloud. The deal with Carlsberg is certainly a God-send.
The unkowns, which no one knows all to do with re-opening and how it will work and consequently how profitable.
At the current SP the risk is small, whereas the upside potential could bring it's reward.
Tomorrow will see detail of the Carlsberg deal approval and inportantly interim results. Remember the interim results are up to the end of March so only 2 weeks of lockdown to be included, which should not be too bad. It is the current 1/2 year which will look horrible.
Always remember never invest more than you are prepared to lose.
AIMO DYOR
Sholpibabe, I used ro hold greeneking and when they were sold last year i reinvested the greene king profits in marstons (every portfolio should have a pub. Lol) and was happy to pay 108p per share at tbe time. I purcbased more marstons at just under 60p recently to brimg my average cost per share down. Im a buy and hold investor who looks for a decent dividemd with possibility for growth. I recognise that the matstons balance sheet wasnt the prettiest and the pub industry faced challenges but when i bought marstons i was happy to do so and im still happy to hold. The carlsberg deal is positive, the post covid world is a concern but i still reckon this share will pay me a decent enough dividend and the sp will grow beyond my original 108 purchase price. How high might it go? Havent got a clue just as i have no idea what the sp will be tomoorow or next week or the tuesday after christmas but im sticking with it umtil somethimg happens that suggests i shouldnt. Thats my 2p worth.
Couldn’t agree more!
As a relatively new investor what do more experienced heads actually think about this company - can’t actually decipher any advice amidst the spat going on!
So much BS and whining going on here.
1st of all on the Government, not a fan of BJ, however damned if he does, damned if he doesn't, Business is crying out to restart as the consequences is bust with thousands more out of work, sure some are uneasy with re-opening as it is a different normal.
Those who keep harping on about Cummings are very sad, get over it, whinge about all the Labour politicians breaking lockdown rules to keep a balance or any other party failings, plenty out there if you want to look it up.
Regarding the share price, if you have been a long term investor, you would know by now share rise on potential news and fall once it's out, unfortunately the nerves are troubling the markets again today with the virus making the news in various parts of the world esp the US..
Shares are volatile at present, either trade it or hold on if you believe the future will bring rewards, sell if you haven't the stomach to be investing.
Sorry for being blunt, but that's reality.
RT you really have a problem, seek medical attention, before meltdown happens.
Not being able to reason logically seems outside of your cerebral capacity. Know what and who you are talking about and save yourself the embarrassment.
AS for the name calling CUT IT OUT.
What are you talking about? Who said I am at a loss here? It’s a pity you are so socially impaired. I admitted that the source of my information was second hand and that turned out to be incorrect. Perhaps if you weren’t so autistic you would be able to let it go? You are poison, always looking down on others thinking you are the Wolf of Wall-street. Pathetic. Try encouraging people, trust me it feels better.
Great day to top up. Serious reward for the brave here
We need more Pestons, more tough media... they have avoided scrutiny by this move. It's a disgusting and cynical attempt to silence the questioners. Johnson almost lost his life but he is still prepared to pander to populist opinion to stay in office, whatever the health risks. Yes, the pubs wanted it and I'm happy for them but if this pandemic continues Johnson is at risk... and he knows it. The medics have been silenced...
Everything is responding to the virus which still ravages the world. Noone is to blame. Just have to hope people are sensible on 4/7 and it does not expand in the UK which would be disastrous but staying closed is disastrous also.
The daily update was past it’s sell by, worked well at the start/middle but at this start? As and when necessary seems best. And no more questions from Peston!
RT it is a pity you do not use your literal skills to better effect rather than using expletives that only display an impetuous character who does not take on-board simple Corporate research.
As always never invest more than you are prepared to lose and in Company's that you have not researched.
Death is the ultimate and very real risk here. I doubt Cummings cares about that.
Will to avoid all risks in your life of which there are many
That's easy... speculators took profits. But in addition, the re-opening was done against advice. Commercial pressure and populist politics being played by Cummings and Johnson have forced this move, but the risks will increase and government scientists have been told to tow the line. It is a further worry that Johnson has stopped the televised press conferences. This move may come and bite Johnson on the ass. I hope not, for his sake. Yes, people will pile into pubs but I won't be one of them.
Better to travel than to arrive ?
Work that one out
Investnewb - yes, i agree with your comments something is holding this back ? mind you Wetherspoons also down .