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Fairdealer...I apologise if my general tone of levity is offensive to you...I just find the vagaries of trading to be quite stressful and a bit of humour helps the day along
The price has already moved up...so patience for our long term bretheren
Kind regards
Jim
YoYoMa, agree, I'll go further, are we living through such a level of incompetence that beggars belief or as many are rapidly thinking, a Grand Plan is in motion to completely change Society and Economies in a way that will make life before Covid appear like Utopia?
Jim, the SP is likely to go lower than predicted. Some may find the gratuitous words somewhat empty when it seems to be a joke in your words.
You are clearly alright, there are 1000's whose expectations these last 48 hours have been dealt devastating news.
Is it a co-incidence MP's and Professionals in London finished work for the holiday on Friday?
Have a thought for those 1000's who are now going to be alone this Christmas. Expect mass deaths, and not through Covid.
I've bought more, price dropped as everyone expected, watch as the funds move in to buy up shares on discount across this and alot of other companies.
Chuckle...the price has just done exactly what we predicted...I'm in...hopefully I won't live to regret it eh ?
But hey ho we have the holidays to get over things
Kind regards
The Jim
Today will be known as the Xmas markets FTSE abattoir ! With the constant late decision making we're always going to be behind the curve ball. When asked about the new strain and evidential proof they replied with the statement of that there is no evidential proof of further damage to human life than already is, yet they alarm the whole country and introduce another crock o'shyte Tier system! I was warming to the ways of handling this but now seems like the whole of EU think we're diseased and carry the pneumonic plague. On a side note I am still saying Wednesday for a EU statement on trading.
So much for the earlier pundits!!!
12% down.. ouch
Not going to be a massive slide...on BBC this morning we woke up to...'the markets are sanguine about recent news'...predicting 1/2% fall overall...all the bad news has already been built in...agree with pastyc floor at about 67 - 68 pence that's where the 'support' seems to be...and lets face it...the future lies with supermarket sales...marstons is still a good investment even at these prices...if it goes down...I'm topping up :)
Kind regards The Jimbo
We’ll soon be in another full lockdown... Get ready after Christmas
Market will get hammered I think.
Mars 67-68p.
I’d imagine the whole market will be down tomorrow & marstons will probably follow
but from marstons perspective tier 4 doesn’t look much different from tier 3 I think
takeaway is still allowed?
Affect us tomorrow anyone? I'm expecting some degree of retrace.
Hi Jim, was the natural flow of the share, it had been tanking all day, and once the buy/sell ratio switched it was going to be a race to the top to avoid losing the lower price. I got in just after 3pm when the turn become apparent.
Best of luck everyone, and hope you all have a good weekend.
I hope it works out for you Daave. Maybe there is some way for you to offload some of your stock to help mitigate some of your issues.
All the best for you.
I confirm that. The owner of that site charges a fortune to be able to view this gossip though.
https://twitter.com/bharringtonw11/status/1339973456402767875?s=21
Betaville released an uncooked alert on Marstons - as of 330pm Friday.
I did actually manage to catch the bounce...surprised myself on that...lately I seem to have 'the kiss of death' just wondering how you realised it was building Claire... Do you have access to level ii ? Just curious is all...kind regards...the jimbo
SP's are ''forward thinking'' and they reflect the situation 12-18 months time. There is every reason to believe things will be good at that time. However, if there is another lockdown next year because of a ''Christmas spike'' then we could be down from here to a new low and then the rise will be a lot slower.
Price rising before weekend
Some of the long gains
https://www.theguardian.com/business/2020/dec/18/virus-drives-healthy-lager-sales-wipes-180m-makeup
Carlsberg Group in UK
Carlsberg Marston’s Brewing Company is one of the newest, historic brewers in the UK. Formed out of a joint venture between Carlsberg UK and Marston’s PLC, who are both shareholders, the brewer combines over 300 years of shared values, history and heritage in UK brewing.
The brewer provides its customers and consumers with an unrivalled portfolio of lagers, ales and craft beer brands from the very best of two master brewing teams, plus those under license from valued partners. These include lagers such as Carlsberg Danish Pilsner, Carlsberg Expørt and Poretti; premium cask and packaged ales, including Hobgoblin, Marston’s Pedigree, Tetley’s, Wainwright and 61 Deep; brands under license including San Miguel, Mahou, Estrella Damm, Shipyard, Erdinger, Warsteiner and Kirin; a broad selection of alcohol-free beers; plus distribution of the Brooklyn Brewery and London Fields Brewery craft portfolios.
Carlsberg Marston’s Brewing Company also owns and operates a brewery and distribution network across the UK, including the Carlsberg brewery in Northampton; London Fields in Hackney; Marston’s in Burton upon Trent; Banks’s in Wolverhampton; Wychwood in Witney, Oxfordshire; Jennings in ****ermouth, Cumbria; Ringwood in Hampshire; and Eagle in Bedford; plus a National Distribution Centre in Northampton and 11 UK-wide distribution depots.
Daave
I know I am not alone on this board in thanking you for your time to give us your thoughts which are, to investors, valuable information. From what you say about the bigger picture it looks to me like the stock might be a little bit ahead of itself at present.
Thanks again, & very best wishes that you, & us, come out of this tunnel soon.
Daave
Thanks for your insightful post. It confirms what many of my industry contacts have and are saying, some have already given up.
Seems to me even though Brewery chains have /are reducing/suspending rents , Licencees are struggling to survive. Ultimately property owners will reveal, in disclosed Financials, the true extent and damage this dammed Virus is doing.
Thanks and Best of Luck, can only hope 2021 will be much improved.
GLA
Strange one this more areas in lockdown yet this rises ? Might we see a £1 again next year at some point .
Daave - all my best wishes to your pub, you and your family.
The furlough scheme looks after the staff (and anyone who is running as a LTD company as employees)
But, the costs of the overheads is not met by the government’s grants, pub companies are charging reduced rents on many pubs
The lower rent and the grants do not cover the costs of running my (relatively small) pub even when closed, I am now subsidising the costs from my personal savings.
The self employed grants that anyone self employed can claim do not apply to many pub landlords who have been in business less than a couple of years.
I have been in the cellar today checking the dates on the barrels I have.. most are ok till the end of February - if we get close to that date and I have to tip it all away - there’s thousands of pounds of stock. I’ve lost about £2000 worth already
I’m in a position where I can ride this out for a while, there are a hell of a lot of pubs that will not survive
Big pub chains could be in a totally different position, but I doubt it
I’m in tier 3 - people in tier 2 are reporting higher operating costs and unpredictable levels of trade. The country is crying out for reductions in tier but I’m praying they don’t put us down to 2.