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Must’ve missed the bit where they are adding a tier, and the press rumours of tiers being changed and everyone going up one?
and all those on Furlough will be back too work???
Yippee perhaps these boards can then resume normal service? One can but hope!!
cookoo12620 you are worried about a small detail, I'm sure Marston's have done their due diligence and have a safe strategy in place to cover any costs, otherwise why would they do this deal/project.
Look at from a good point of view, they have expanded their foot print and more streams of revenue to come their way over 2021 and beyond. Second to that with the extra pubs they have leverage even better mass discount on things like toilet roll and insurance so as a group will make more profit.
This is relatively safe share with a strong future, as Brits like to drink, international travel for a couple more years will be limited/expensive. Marstons are leaving 2020 in a strong potential position.
Back to normal in Q1!!.
What are you sniffing?
yoyo perhaps your right i may need to do more research ,but no one is answering questions when asked , so again as i said "be careful " i may have a crick in my neck but i havent got rose tinted glasses on , i also reserve the right to say i told you so , good luck to all on paper this has merit but it has got to be paid for . keep safe
Oxford vaccine approval.
Vaccinations from Monday.
Will get UK back to normal in Q1.
Barchid,
Thanks , Seasons greetings to you and yours and everyone.
Have been mulling over the Brain's deal. We will be managing their Pub estate, which I trust our BOD have commissioned a full survey as it seems some of the Pubs are below Marstons standards.
Trent makes some valid points regarding costs which appear rather vague. Clearly Brains have hit the buffers and Marstons have come to the rescue. If as stated Brains Pubs have only 200 beds, this is miniscule , are we to invest in convertions? Cannot see Brains as Freeholders funding any capital works, so does the Management Contract contain undertakings to cover any enhancements to the Pubs?
Until we know more of the detail, the Jury is out.
AIMO
@Barchid @Clairesmith
I agree that the staycationers are going to be key for us next year. some much needed additional funds coming our way will be gratefully received. I am still (Covid permitting) going off to Kalamaki next year owing to getting my refund from Jet2 for my holiday this year that never was.
I'm also hoping to get away in May too again, Covid & cost permitting. if that isn't to be then I'd definitely try a couple of weekends away in a couple of our Inns.
I'm also hoping to get off to visit our friends in Stourbridge and get ourselves off for a meal and a couple of scoops in our favourite pub down there, The Glassworks.
That's the plan anyway.
50p..... you need to do so much research on this stock. Looking at your past comments on other stocks perhaps it’s best to DYOR so you don’t enter 2021 with a crick in your neck.
all questions still need an answer , i smell a rat , no body is telling how much brains is going to/has cost and where the money is too come from ,and what we actually get for it , with not alot in the kitty imho share rights issue on the horizon prob 50p or even less ,so i think £1 is pie /sky filled with hopium ,2 years time maybe vaccine or no vaccine roll out, this is only my opinion mainly because i have had my fingers burnt before ,msg [ctea] cluff [deltic] had several rights issues before changing/ selling out when things looked good, becareful all
Personally I dont think we’ll hit your expectations as today was a clear insight that the resistance is too strong to ride it. On the approval of the vaccine I cannot see it punching passed 3p therefore IMO as we enter 2021 we’ll still be in mid/high 70’s (I’m going for 78/79). We have the force but keep getting pulled back.
On approval of Oxford AstraZeneca approval and a fair wind.
The sooner the UK vaccine, already mass produced, is rolled out the quicker we get back to normal.
On approval likely to see a strong bounce, initially 84p plus. Jan 4th onwards and return of hedge funds will push it to £1. Timeframe of £1 January 21.
@barchild, I think for 2021 it's a more than realistic possibility that these BnB will be filled with UK citizen.
Also combine the fact that 2020 was the year that people only got to see family and friends via Zoom, you now have an even bigger human driver for travel within the UK for people to catch up.
2021 will be a good year for Marston's when you connect all the market drivers.
Trent
WRT staycations and people filling up pubs, there is some merit in that but what bothers me is that the times I've stayed at a Marstons hotel/motel, there always seemed to be quite a high % of europeans, apparently wanting the pub experience, mainly from Germany, Holland & the Scandi's, so with covid we can comfortably wave bye bye to that trade. Thus we will need Brits paying for rooms to make that up, I guess, so it is possibly a bit more complicated than on first glance ?
@trent700 the fact of these times is whole ever can survive and retain the biggest foot print will win the market over 2021, and by the looks of things Marstons will be in this category.
I can see the housing market slumping and a general pull back of economy, however pubs and outdoor event space will be winners come summer 2021.
Combined with how limited international travel will be and how expensive international travel will be, Marstons how a large enough retail space to clean up and make some big cash.
That would go some way into explaining the rationale behind the acquisition of the Brain's pubs. Convert them into B&B establishments should the work need doing.
This still raises my unanswered questions that I posted the other day though.
How much did it cost us to put the deal together? Where did the money come from? What are getting? Just the pubs? If so are Brain's brewery under licence/contract to supply them? And if so, for how long?
All of these questions still remain answering I think.
Fairdealer
Firstly all the best for 2021 to you & yours, & thanks for your sensible summaries of where Mars is at the appropriate times, market looking perky today but not much appetite (thirst?) for this stock currently, I guess it is travelling & arriving, now we have arrived there is possibly a feeling that perhaps there remain specific hurdles to clear ?
If the UK citizen are locked out of alot of countries due to C19, this will mean a higher than average spend in pubs. = Lots of revenue to Marstons
@Ccjocky
What do you anticipate for the future of the tier system though? - at the end of the first lockdown there were far less restrictions?
can anyone with more experience unpick and advise on the vote?
I own 3 pubs and after the last lockdown they were very busy so can't see there being a problem filling them again once opened properly..
@Barchid
I think that Brexit will have some influence on us. We sell our wares in a number of different Countries. 70, I think I read somewhere at one point, so there's that.
My other holding, SGC is less impacted by it I'd say, as they are now just a predominantly UK based business. I know they were in North America up until a couple of years ago but they sold that bit off.
Anyway, all the best for the new year to you & your family, and to everyone else here.
Hoping for a better 2021 for us all.
And to you also Barchid. Was looking at motors however I'll probably opt for the J.Deere 7310 than a tesla, much better for pulling out Tesla stuck drivers on roads covered with leaves or BS they can't handle. Looking at the markets we're in for a good week (as well as interesting)
YoYoMa
All the best to you & yours too, 2020 was certainly a year I'll be pleased to see the back of.
No chance of you buying a Tesla next year I trust ?
in about 2 years time ,by the time the cost of securing /rebranding/upgrading ,and most of all getting people back out of doors again lots including myself will be very slow and wary of crowds and indoor events , i wouldnt be surprised to see this sub 50p during 2021 but each do your own thing , keep safe all