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Good Morning Thomas,
Thank you for your enquiry.
The Marston’s Privilege cards have been removed from use. We are now sending out a new form of benefit for shareholders holding 500 shares or more as of 30 November 2022. This is a booklet of vouchers offering 30% off food in our participating pubs.
If you hold your shares with a bank or a stockbroker, the distribution of the shareholder benefits is not always automatic. We rely on them to provide us with
details of their eligible clients so that we can forward the vouchers onto you. Should you wish to apply for these vouchers, please contact your stockbroker or nominee in the first instance, as some are sending the vouchers out to their clients directly.
If however, you have any issues, please do not hesitate to come back to me and we can send the vouchers out directly.
Kind Regards
They don't do the priviledge card for share holders anymore only employees.
What you get is a book of 12 vouchers that entitle you to 20% off at participating pubs.
You email the company secretary and provide proof that you hold the shares (statement of shares showing the date of application).
They will then send you the book of vouchers.
Email : privilegecard@marstons.co.uk
I just did, that’s how I got mine a few years ago. I’ve requested a new one.. I think you’ve got to hold a minimum of 500 shares.
Mine arrived by post out of the blue
They do still give shareholder discounts.
I wish I’d sold when they were 60p but I thought they were undervalued then and even more so now. I have more than doubled my stake in the past month and am confident that at some point in the next few years they will be re-evaluated and start to trade close to NAV.
They are well run and their back to a billion plan is sound and achievable.
I am happy to hold and wait.
How do you get one of the privilege cards. I have never heard of this. If you could tell me how to go about it I'll be very much appreciated. Thanks
I sold out of this back summer 2020, at 60p a share
I’m back in!
Strong buy, totally undervalued.
I’m looking forward to results.
I was in one of the pubs having food a few nights ago, couldn’t get over how busy it was, it’s been playing in my mind for days, hence why I’m back in at this steal of a price.
Also… do shareholders still get the 20% off privilege card?
Link "time to buy" to the Carlsberg Marston partnership. They in fact now sell over 6 pages of beers you will be amazed :-
https://www.carlsbergmarstons.co.uk/our-beers/?p=1
Erdinger, Estella,Hobgoblin,King Goblin,Marstons,San Miuguel,Shipyard,Tetleys,Wainwright,Holsten,Tuborg,Pils,Skol,Warsteimer, and some Ciders.
If we (Marstons) are back on track we should now foresee over £700m in sales for the Group and the firm were hoping for over £1bn in four years but by all accounts we should be there a lot sooner. Lets wait and see for next week but the fact the share price has been coming back on favouring market sentiment may give a good pointer to where this is going and the partnership is also now raising more money to profits for their contribution.
Not sure if anyone posted this news but should be a nice adder to the revenue stream
https://www.morningadvertiser.co.uk/Article/2023/04/12/Carlsberg-Marston-s-Brewing-Company-acquires-rights-to-Kronenbourg
If this has been replicated in the UK market too we should be in for a bumper run north https://businessplus.ie/news/spending-pubs-28pc-june/
Also we have the World Cup this month
https://pubandbar.com/story.php?c=gold&s=2023-07-19-pubs-prepare-for-womens-world-cup
With a NAV around 90p this should be one of the best performers in 23/24
Looks like a stable platform ready for the rise due.
Auto's have been switched off on the sells which indicates the smart money are getting ready for a big rise.
They tried to shake the tree this morning and it didnt work:
14-Jul-23 08:00:36 30.05 138 Sell* 29.65 30.90 41.47 O
Only a couple of weeks until results, and expect a rise on the way to that.
could see this go to an MCAP of £500m fast, so could rise to 70 region!
Marston's confirms that it will announce a trading update for the 42 weeks to 22 July 2023 on 26 July 2023.
Expect to make a nice 30% to 50% from here!
As I said - something off, probably lack of shareholder returns, taking the debt down is one thing but a dividend is also with considering
The directors have been buying, including the CFO, which is a great positive sign.
Pub estate worth over £1b, and the Carlsberg partnership is worth over £500m.
Wetherspoons have reported an increase in revenue.
Takeover offer last year was for 100.
So yes, there is massive potential here, looking towards the 60's!
Given there was a bid over 100p in last few years, there is a recent transaction on the Carlsberg JV that hints at valuation for the brewery and disposals have been at circa 40% above book value.. can't really understand what on earth is going on with the share price here. Vast majority of debt is securitized at moderate rates...just not sure what the market is expecting here that I can't see. Conservative value should be circa 60p imo
Could see upwards of 45 region on good results.
Company has been working to reduce debt, and looking at other pub chains the results are beating expectations.
The Carlsberg Marstons partnership alone is worth £500m
And the pub property estate is worth £1b.
I am certainly hoping for a substantial rebound in price from my 1st June purchase level.
Hopefully the prospects for the business is at the start of an improving trend.
Expect Marstons share price to rally, looking at a big rise from here.
RESULTS FOR THE 26 WEEKS ENDED 1 APRIL 2023 =
H1 like-for-like sales up 10.7% vs last year
Increase in pub operating profit: £43.1 million (H1 FY2022: £39.9 million
Director Buys = 253,701 Shares bought by Directors over the past few weeks!
36,703, 89,980, 34,000, 34,767, 28,992, 29,259
Sales of Pubs = 3 to Youngs for direct injection of cash.
Sector news = Wetherspoon (J.D) (JDW) have improve sales =
Compared to FY22, like-for-like sales increased by 11.5% in the fourth quarter to date and by 12.9% YTD.
Https://pubandbar.com/story.php?c=green&s=2023-07-12-youngs-buys-three-marstons-sites
Reduces the debt and with the update from Wetherspoons parent today it bodes well for those buying at this level.
Uncle D - Last updates from Mars said from memory sales were up 10% on a 17% increase from the year before. They also reported that the majority of their sales came in the 2nd half when the weather improves. i.e. Now. So very similar to Wethers figs on growth for the sector. They also said their gearing of costs was biased towards the 1st half and so the 2nd half will have a cleaner run. So you may want to read what was said from the official site, but generally it seems the sector is recovering and we should expect some good results here for Mars very soon. Fingers crossed for those willing to invest in a recovering sector post pandemic.
Good sales for JDW does not necessarily mean same for MARS, might be a slight crossover gain here but other beer groups are proving they are definitely in the driving seat.
Wetherspoons further supporting that view today up 9%..this is due a re rate soon
Reported that spending on pubs well up......MARS a big winner due to the sun .Gardens will have been packed. News soon.Bargain at this price.Rerate called for....
Agree & fingers crossed that the results will bring an uplift this year as the Directors are pointing towards wanting sales growth.