Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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@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
I'd forgotten the SA suffix, at least the Welsh have a sense of humour.
My educated guess is late Feb/early March.
Looking at the strength of European markets this morning I think we're in for a good start Tuesday, very surprised if we don't see the SP tickle the belly of 80p. We'll be 3 days behind trading so the start will be interesting. With AZN commenting on that deliveries could be as soon as the 4th Jan in the UK that only leaves Tues/Wed/Thu for the announcement. Hope all are in the good health. Lets hope 2021 the BB is a friendly place of banter and kindness.
Zzzzzz wont be a RI
Trent
If market is good on Tuesday MARS should go up a bit but do bear in mind this is not really effected significantly by Brexit but much more by Covid news. So AZN approval is a positive but the old saying "buy on the strike, sell on the settlement" could also be relevant here....
Hopefully!.
I'm hoping to see 82/84p in next few weeks.
Plus news on the Oxford jab rumoured this week too, could be a good few days ahead.
With a Brexit deal seemingly sorted?
Turnpan, Brains SA (skull attack) from The Old Arcade in Cardiff is the best 8 pints I've ever had, from what I remember.
Trent
Thanks and same to you & yours
In Marstons, and your families.
With the markets closing at 1230 today I wonder if the EU/Govt will announce their decision after the markets have closed ?? With Oxford vaccine not till after xmas and this trade decision that will drive the price up then I feel the Ri will be announced. However saying that the RI may not be actually on the table if they've just taken on SA Brain with a 2m running costs. Was nice to see it try and touch 78 earlier briefly, been a good week in all.
Question of when not if
Trent
You have articulated very succinctly some of my fears re this deal, in a perfect world economies of scale could work, but seasoned Marstons watchers have rarely benefited from these, more likely have tumbled over the unannounced tripwire !