London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
By John CorserWolverhamptonBusinessPublished: Oct 30, 2020Last Updated: Oct 30, 2020
The £780 million deal to create a new giant brewing business with its headquarters in Wolverhampton has been completed.
Marston's has announced the completion of the joint venture arrangements with Carlsberg UK. The deal was first revealed in May.
The new Carlsberg Marston's Brewing Company will be headed by Marston's Beer Company managing director Richard Westwood as chief operating officer. The 1,600 beer company staff are now to be combined with 1,000 employed by Carlsberg, which is known for its lager.
Marston's will have a 40 per cent shareholding in the joint venture and a 20-year supply agreement to have beers provided for its pubs and restaurants which will operate separately from the brewing business.
Marston's House in Chapel Ash will be the headquarters for the new brewing company which will take in Banks's and the other Marston's breweries around the UK including Marston's Brewery in Burton upon Trent, Jennings, Ringwood and Wychwood.
35p monday? No, but over the course of the next few months, 25p.
The real losers in all this are small independently run pubs, they’ll go out of business leaving the large corps to get their business.
I am hoping a panicked market offers us 35p or less to add. It won't last long so grab it if you see it.
50-55p for a start. Our resident trash talkers seem to forget the JV was announced mid lockdown. JV is now confirmed with a shorter Lockdown time frame ahead.
I see Mr Grove was talking about the R number this morning I do not not think he means his Yamaha no. 46 when he says the lockdown might have to be extended. I have a feeling the only way out of this is a vaccine that is found to be reliable. So it is not going to be fixed over night. We might even need a jab every year like the flu as even those who have antibodies do not have them for long. I can see a nice quiet Christmas coming on in the stable with the Shire Horse. Take care one and all. Time to keep a sense of humour when all else fails.
It woudn't be 60p by Christmas if we didn't have a lockdown.
60p by Christmas
''Carlsberg, a £125 billion global giant''
As far as I can see Carlsberg is valued at about £15 Billion
The problem was not the March lows, but what happened after that. We had a silly rally on both sides of the Atlantic based on the asumption Covid would be gone by the summer in large part.
That did not happen and it is ironic that it will not be gone "in large part" by this summer either. To that end expect this to drift lower, but perhaps not fall lower. I can see this at 40p next week.
Good honest post mate, collectors items on this BB.
Well worth a punt sub 30 but if you are tempted spread your investment over 4 or 5 other stocks. Cannot believe how many investors put their full pot into one company on the advice of a handful of posters on random chat rooms. Do what you think is correct and always hold some funds in reserve for RI’s and massive dips. Never thought March lows would appear again with worse to come if a botched US election transpires.
Hi Chaps yes I agree Pars & adysm likely to fall fast and then come back later during the month lockdown but a great opportunity here perhaps for later after the falls?
Also agree with you 2reincarnated -this could end up very Rocky, well Rocky 1/11/111 they way the virus keeps coming back.
Moley you are right I have been buying the sensible ones until a vaccine comes along but have in mind Stobart, IAG (British Airways) and the best Jet engine servicing and most reliable engine manufacturers in the World - RR. All bargains already and likely to make a lot of dosh later. GLA.
I wonder if the BOD knew about the Govt proposals before the JV was signed as they have already signed away 60% of the brewing (the main lockdown money earner and now can only rely on 40% to sell later?) The JV will not be able to function for sometime yet with any additions from Carlsberg? I mean the Shire Horses most likely cannot even speak Danish, erh ons dos tres? Thinking about it I do not think the market sentiment is going to like this at all. I still feel we will be in the 30ps my reentry point this time GLA.
Will take some more at 30p. It's an odd one though. I think we all knew it was coming so SP would of declined more last week. MM's may enjoy some shock tactics taking it down super hard, but then it may recover through the morning.
I shall be waiting for the 08:30 trough to see what's on offer.
How we're all gonna kick ourselves in a few years for not mopping up more of these covid victims at the darkest hour. MARS, Easyjet, Greggs, even Carnival Cruises.
Marston's no longer has the same financial vulnerability the company had back in march and during the last lockdown. It's a whole different kettle of fish now that the company has joined forces with Carlsberg, a £125 billion global giant. Risk has been greatly reduced. Carlsberg wasn't put off by the prospect of further lockdowns - they would definitely have weighed up all eventualities, including the possibility of further lockdowns, and for the deal to go ahead, they're clearly not concerned about the pandemic. The plan will be to sell more Carlsberg products in Marston's pubs so Carlsberg have a strong interest in ensuring Marston's pubs survive and thrive going forward. Having a cash rich partner with a global reach puts Marston's in a much stronger position than they ever were before. The lockdown is only scheduled to last 4 weeks - December 2nd it's due to be lifted. Meanwhile businesses can once again rid themselves of wage costs as furlough has been extended into December and the 20% top up is voluntary. In short, I don't think being closed for 4 weeks with no wage costs is that much worse than being open with reduced footfall due to restrictions and having wages to pay. Taking all this into account, any downward movement, in my opinion, is likely to be very temporary and largely sentiment driven. Considering the JV with Carlsberg, I think it's highly unlikely we'll see anywhere near the march lows again. And don't forget the supermarkets will continue to sell the company's beers throughout the 4 week lockdown, as well as online sales. Very few professional investors would be so shortsighted as to base investment decisions on a 4 week lockdown! The JV is a huge deal and as investors we really need to keep focus on that. And in the meantime, try to look a bit further ahead than the ends of our noses!
Think that is the key question. What happens if the lockdown gets things back under control before Christmas, but Christmas and all the parties ets get us back whete we are now?
That would mean another lockdown in January and then maybe another just before mass vaccinations start. Hello 25p!!!
Supercharger- I like to think the lockdown was already priced in and anyone like myself still invested in Mars knew the very likely chance of this happening, I am here because I see big upside with the JV and would think they are likely to be one of the “safest” hospitality stock. As for the price I think low 40’s for the panic sells then hopefully a steady rise after that if a good enough support package is agreed Wednesday. Fingers crossed for everyone invested
PitterP - I am afraid Isa's do not really work for me as they are limited on an annual allowance and are less flexible than I would like. I enjoy moving money around for far better returns than what Fund Managers or Personal Isa's can provide for me as once a withdrawal is made the money cannot be replaced.
I suppose when I become a little bit less active and move towards having a quieter life it might be an idea if they are still around. It would have to be a stocks/shares Isa as you say as there is no interest on cash about and I would dare to suggest we might have negative interest rates in the Uk the way things are going soon. Perhaps one suggestion in the middle of the Boris Lockdown 11 (sounds like the Rocky movies) is a small comps tracker on the whole index?
The problem with jumping shares is it that it only takes one wrong move to wipe out all your profits and then some, but if it works for you then that’s great. I only hold 40,000 shares here but will defiantly consider bumping that up to 100,000 if there is indeed a dip moving forward. Don’t really see it myself but I guess the new measures could make for another opening, am relatively positioned in either event. As for the capital gains factor, a stocks and shares ISA built up over the years is probably the best answer.
adysm -what is your opinion you do not say? Do you feel it will be the same form as before? or with less income from the JV with only 40% income and where it may take time to get the Shire horses fed it might be worse to get them back on the road? I hope someone tells the Horses that they are not in Denmark and the Horses should be on the left hand side in the Uk? it might be worth avoiding Burton on Trent until they become acquainted.
I had a quick look at the Marstons chart and on 17th March Marstons were 22p? Do you feel they will rise up from 48.30p? I am interested in your opinion? I seemed to remember most others were saying 80p after the JV when with my conservative 73p I was mocked. I will say on Monday we will be 38.40p to get the guestimate/ ball rolling?
Anybody want to hazard a guess to the SP on Monday and then by the end of the week? This can be the gentleman’s sweepstake 2.0
Lockdown from next Thursday Pubs to close. Time to buy on the dip chaps but for the time being until the dip strong sell. I just hope my other shares hold up. A lot going on next week what with the USA elections as well. I hope my Gold/Silver miners hold out too they should do with a falling pound and then I might come back in here later depending on how much those in favour of the JV hold out, but if we go back down to the 30P range I will come back in and sell some of my Dollar earning shares. Good luck whatever your persuasion but I have said for sometime be careful.
Pitter P - everything is a balance i.e. You can take your 24% profit and invest that into other shares (which is then free cash) so that you take take on more risk? Or invest it in other shares. i.e. I took my Marstons profit and reinvested in the Banks, i.e. Nat West, Lloyds, my wifes holds Barclays, the first two have already increased by another 10%, so the 24%'s plus 10%'s compound all start to add up. I do go for growth rather than income as when I get paid dividends I am afraid my wife and I will pay a higher rate of tax on them, so for us it does not pay always to have a divi. I would rather sell before the divi is released and take the profit on the share rise up until the ex-divi date. My M&S, Dominoes and Kingfisher have all done well with the first lock down and will continue to do well with the second. So we all have to make choices and I am glad yours are working for you. Mine over the past 10 years have simply made life more comfortable, as even when I worked at Lloyds my father in law left us some land which I developed to build 5 houses. So this is just a hobby being honest with you, as I always have a lot going on and currently also care for my elderly father.
SC, I was 50% down on that miner during Lockdown and held regardless, my biggest mistake was not adding there as shortly after it went the whole hog but I already had a considerable amount and did well regardless. You only need to google day trading vs investing to understand that your methodology is flawed. Are you 1 in 10% ? Possibly, yet I doubt it given the lack of it conviction and emotion demonstrated. We clearly view odds very differently. The future dividend here for instance is basically your exit in one sitting whilst still holding all your shares which would almost certainly be sat at a higher level by that point also. So yes, if I want 10% - 20% then I really don’t need to sell my shares, I just need to wait for the dividend to be reinstated ??
Pitter-P I do not set my sights so high as you and you have done very well if you always look to 100% profit - I don't as I have said and am happy with a far lower percentage, a profit is a profit.
After my post last night and the news this morning of lockdown considerations it looks like I will be coming in here sooner rather than later - maybe even next week. I am not a greedy man. Like you I sold my mining shares at the start of the first lockdown and did very well there and hope to do the same again having spread some risk into there. The lockdown to me means time to get active. Good luck Pitter P you have a more perceptive thought process than many on here. However for the Miners shame we lost ACA, but still have HOC and CEY which could be a good place next week with the USA elections and all. Otherwise if you can wait I feel longer termers will be the shares I have already mentioned in my opinion as one should never put all of their eggs in one basket, or in Fairtrader, Barchild and Cramer v Cramer's case over the fire this weekend. Next thing they will be saying I have a contact in Downing St.... Ha.ha and it will not be the Cat? For my early morning post timings on the net, anyone with a Tesla will know it always pays to recharge on economy 7, when my fleet of Milk Floats are out delivering - hahaha - Good weekend ooharrrr.