The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Pretty much a positive update IMO nothing surprising and inline with the rest of the sector. I just read a article from a analyst at the Motley Fool saying he reckoned the current SP was a bargain. (normally the kiss of death from these guys) :-)
I'm a long term holder and pretty much confident that when normality returns the share will bounce back as quick as it fell. GLA
All those big empty pubs are going to cost a helluva lot to heat over the next few months.
agree, i thought this was a reasonably positive update.
Revenue is going back up but costs are also rising across the board - much of it outside the company's control.
The debt position clearly isn't great but is being managed and reduced, where possible.
Yes we sell or gas to overseas companies that can store it,and sell it back to us at a dearer price.That's Capatalism folks,and in this case,it stinks !.
Gas down in price? That doesn't affect how much you pay as UK has nowhere to store it!
Just to be clear,as i don't know about fundamental analysis,i(and every investor) still need to know when to buy.
Personally i see it going lower,sub 350.Then i'll look again.
Not sure what else JDW can do - they reduced debt and sold some pubs(mainly in spoons saturated areas) but external factors driven by war and supply-side shortages rule at the moment.
Thanks for your reply.So to be clear are you saying that at this price today, it's a buy ?.You have a "no opinion" listed.Thanking you in advance for your reply.
Forget the chart pipedreamer, just work on the basis of what you think, per pub; the estate, the supply chain, the processes and technology is worth. I struggle to value it less than £1m per pub but that is where we are!
I fear that the medias perception of how bad this Winter is going to be is somewhat underplaying the fact that most small (and even larger ) eateries are going to get wiped out.
BUT when the dust settles Wetherspoons will survive,and when things return to normal.they will be one of the only places worth going to.(or to put it more bluntly,one of the only ones left !!!).
The key to it is when to buy,and i shall be looking at the chart closely,as to when to jump in.
Noticed this yesterday, coinciding with the new menu launch. Inevitable but good to see protection of slim margins, still competitively placed with nearby pubs.
I noticed this too, but wonder why there is so little reporting on it. Some good news for a change would be nice!
Bit of good (maybe) news. Gas is getting hammered down in price so hopefully electric will stay on at home. So won't need to use a candle to find £6 behind the sofa for a loaf of bread.
Good old Grant as foreign secretary. I'd doubt he'd pass a GCSE in geography.
Looks like fresh lows here. Sometimes you need to take it on the chin and move on. This government is absolute garbage and has turned our economy into a laughing stock. I'm down on about 50% of my longs but have hedged with a short £/$. I know its a crowded trade but if Putin does anything stupid or the lecy goes off.... GLA
Why sell at a loss when most stocks are down, be patient is the trick.
good timing ... looks like it's going back below £4.
When the price jumped over £5 recently. Good well run company. Biggest problem is too much capacity in an industry overall will continue to make it very hard to make a profit. Only once the competition thins down will this be possible, but I'm not seeing much evidence of this at the moment.
My first post here …
Old JW is one of my locals in an affluent midlands town. I’m seeing more and more of my old friends in the JW bar at 5pm… Those of us that drink bitter all agree Ruddles is the most consistent pint of bitter locally and indeed nationally. We also discussed that when on business travels across UK we will seek a JW because it’s a fantastic pint and about £1.30 a pint so I bought a good slug of shares today…
Fair enough Steve
drb- i ask because bidstack has been on my radar for the last 3years or so and i don't like what i see constant placings on a annual basis always jam tomorrow and continuous hype.
seems like a lifestyle company with only the bod getting any rewards.
i have watched james draper and co destroy many shareholders investment pots over the time that i have been watching.
i advise caution and deep research before putting your hard earn't cash in that one.
good luck as for jdw we will just have to agree to disagree. time will tell
That's fair enough Steve. We all have our own opinions on what will or may happen with JDW. Time will tell which way it goes.
I'm long on Angs and watching BIDS with a view to being long. Why do you ask?
drb- what is the optimal price increase that will lose the increase in value.
well in my opinion a 15% increase would be easily achievable as the competition are doing approx the same thing so nothing really changes does it?
the difference is that the public will have less money to spend due to cost increases that they have no control over so will have to make savings. that in its self will not stop people drinking so what does that leave ? either drink at home or weatherspoons.
many pubs and groups will go to the wall in the next couple of years but witherspoons will not be one of them. imho.
by the way you did not comment on angus or bidstack are you long or short ????
Steve, you don't need to research me. I said from the beginning I wasn't invested here neither long or short.
The 10% increase is definitely positive but without the actual figures it's hard to know just how significant that increase is. What was the total 9 week sales for 2021? Could have been a really poor sales period. Is there a reason why TM didn't disclose the sales figures? Secondly, if 10% continued for the rest of the year you'd have £1.9bn in sales. I calculate about £2.2bn just to breakeven so they really have only one option. Price increase. 10% puts £170m on the bottom line. Question is, what is the optimal price increase value that will lose the least amount of volume? Over to TM.
"has anything fundamentally changed in the business to change the direction in the sp"
yes the 10% increase in sales during the last 9 weeks in compared to the same period in 2021.
and there will be more of this to come imho.