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I saw the Tempus review late last night and thought it backed up my reasons for remaining top heavy in Marstons and light on JDW and MAB, bet he’s all to familiar with shares dropping the day after he tips them :-) after the 100% rise I thought about rebalancing but MARS has a great balance with supermarket sales whereas JDW is pub based only and a high volume low margin model - they need lots of customers. MAB is similar. Good weekend all and DYOR.
Tempus today said buy, he reviewd several brewers and pubs
All dependant on virus progress but potentially as you say. Stagflation should be good for Mars; high inflation/low growth/low interest rate-will help pay off debt but beer prices rise and local hostelry remains popular.
Youngs placing also, i just think things like this will be much higher eventually
you trying to break the backbone of the uk by stopping socialising in pubs, will never happen.
- Retain 40% stake in a high quality beer business with significant synergy opportunity
- Receive up to £273 million equalisation payment - valuing MBC at £580 million
- Proceeds used to further reduce debt, target ongoing cash flow broadly cash neutral
- Transaction approved by shareholders 25 June and expected to complete in Q3 2020, subject to competition clearance
· Well placed for post COVID-19 recovery in medium term
- Plans in place for pubs to reopen from 4 July, initial revenue and earnings profile uncertain
- Transaction significantly strengthens balance sheet
- Predominantly freehold pub estate, located outside city centres with 90% having outside space
- Well placed to benefit from likely supply contraction in sector and gain market share
- Management will have total future focus on operating its pubs and accommodation business
- Capital markets day in autumn to present pub strategy
Sound all fine to me - it will be like the Beaches - everyone will go anyway - and this will all be over soon like a bad dream
took some at 59 for a trade
this will rise on or before July 4th
Was about the price of a pint of Banks biter when I turned 18
I wouldn't sell anywhere near the current level for this stock. It may take a while but in the long term they will recover despite all the doom and gloom people are projecting with lower sales and customer experiences etc. I admit the near term could be really choppy but I'd like to think in the long term this is one you wouldn't want to miss out on. This is obviously all in my humble opinion and you should always do your own research. For the record I've just topped up now that we are below 60p as to me this is a real bargain and hasn't been near this level since a month ago on the day the merger was announced.
58p seems to be the resistance point recently, tempted to top up
im going to hold as i have faith in mars and i beleive if you give them time they will perform well and the sp will hopefully go back up into 70s+ soon imho
More then 20% down now so I'm praying. Unsure what to do but does go against the grain to accept such a loss.
Selling yet ? Or keep praying things will go back to normal quicker?
Just examine the prospect of a good summer and a flow of drink which as admitted is likely to be for home consumption or small gatherings and purchased from Supermarkets....pubs are/will be in unknown territory ( social-distancing and fear) and bar sales are unlikely to rise to levels seen in previous years
The average price of a pint in Pub has been more than £3, some may say something less and some pay more, but for the sake of debate let's say £3. Supermarkets sell 500ml bottles for £1.50 and less ( Hobgoblin,Spitfire, Bass etc sell at £1.25 and sometimes less). Now even though Pubs have on-costs, it leaves a significant margin which ultimately ends up with the Brewery. I know of beverage suppliers who work, at times, on paper-thin margins when supplying Supermarkets.
Be under no illusion, even though cash flow may be increased profit margins are not, far from it.
Marstons have got to engineer a different supply model to achieve profits shareholders are expecting
Beer sales will increase in this lovely hot weather - even for home barbys, when the pubs open I can see sales taking off. A lot on offer with this Company now as some have said. Over the next few weeks I see this share price being very strong.
Many good points including gardens at premises and off trade up 55% since interims reported which will help weather current situation. Better placed than many in hospitality I would say.
Thanks for the informed view! Hopefully better than you think tomorrow. Maybe media will not be so negative on covid tonight.
Just gutted I bought in at 68p a few days ago. Doh! Never mind onwards and upwards. Should see the 70's next week as pubs look to re-open
A few people thought today would be good signs of golden breadcrumbs dropping in before tomorrow's golden nuggets!!! However, both announcements behind closed doors have been released (1 released on RNS already) and as a battered piñata there is only so much goodness that will come out. Remember, though doors may be opening and serve beer the confidence to go out and drink with comfort is a measure that the public will take by watching the media. The media have a huge part to play in relaying the message but can sit heavily on the biased side. IMO short term will leave tomorrow and move on the rest will continue to sit patiently and reap their fruits 2021/Q1-Q2
Well I purchased Marstons shares not only as an investment but because I enjoy a pint or two and a bite to eat and thought it would be nice to invest into something that one participates in during their leisure / social time.
As Fairdealer says the markets are all over the hockey at the moment.
I did contact an old colleague who lives in Liege, Belgium ( because they reopened their bars )
Saying “ what’s going on !? How are the pubs !? “
He said the larger places are doing ok but obviously the tiny bars where 3 people and it’s packed are having issues and interestingly they are not having to give id upon visiting. But people are out and in numbers . So that sounds more reassuring.
Well I’m happy with this stock and think things will turn around. But as they say Do your own research and don’t over extend yourself ( especially if your my age ) : )
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.