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Sold some in the last 30 seconds for the princely sum of £3.41 but still have a decent holding...I think the head room here is high...will try and buy some more tomorrow if things reverse a bit...what's everyone's expectation tomorrow...? I'm thinking a bumpy start jumping the market makers malarkey... Into a rise of some kind by early lunch...settling into a pint and ploughman's regards the jim
that massive sell of £500K was the table wobbler in this pub. if that hadn't happened then would have been a great day in the blue with buys far out weighing the sales. fingers crossed that sales was accumulation of buys over the past month, if so that clears out a good volume of cheap shares, so that on the way up there are less pull downs.
I thought this would shoot up today when it went over 70
i hope not, i prefer a system closer to a humans awareness that does not react without meta level thinking.
****ing auto-seller are the MM wet dream, place a low order, watch the house of cards fold them buy up cheap.
Is there a chance these auto-traders drive Tesla's?
today was painful, so many auto sellers and market being forced down by the looks of things.
cant wait for all the low holders to be cut away so the growth can kick back in, its ridiculous how cheap this share is
Thank you Claire for your kind information...appreciated
I am a relatively new trader...having now survived the first six months 'death zone' so all viewpoints welcome
( did you see what I did there...that's a reference to Everest )
All the emphasis on the Pub trade confuses me a bit...because I have been drinking Marston's for years...and hardly ever go inside a pub...too expensive
This share should be doing a lot better even under lockdown
Regards
The Original Jimster
Marstons are a share holder of the new Carlsberg Marston’s Brewing Company.
Yes they sell beer to supermarkets, and now have a massive portfolio of brands:
https://www.carlsbergmarstons.co.uk/our-beers/
These include lagers such as Carlsberg Danish Pilsner, Carlsberg Expørt and Poretti; premium cask and packaged ales, including 61 Deep, Hobgoblin, Marston’s Pedigree, Tetley’s and Wainwright; 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.
Greetings fellow traders...just saying hello and announcing that I am now a holder...at least temporarily anyway...and expecting this price to rally at some point...I have been interested in this share for quite a while....Just a question though...Marstons supply super markets right ? I mean the pub trade has been dead for years in my opinion
Lets look for a nice rise shortly then
Robust view points/humor/polite remarks welcome ignorance/rudeness/hostility ignored
Kind regards
The Jimster
Just in case anyone is watching, it's the auto that are playing with the price and then you will have the MM triggering this to reap cheaper shares. Just hold tight give it a week and the rise will be glorious!
What the granular details show is a consolidation of pubs in areas, so where you would have 3 small holders there is a now 1 etc.... This accounts for the biggest change in the sector.
Once again, big picture is the fact that Marston are now bed fellows with Carlsberg.
British pubs have been the heart of many communities for generations, however for at least 20 years closures have been constant year on year..
Optimism springs eternal as does caution.!!!
Claire..
Love your optimism and a lot of what you say is sensible.
Still a few choppy months ahead, but I agree that Mars SP will rocket by the Spring.
Good luck all invested here.
Pubs have been a core value of British life for hundreds of years, this past year is a blimp on the radar.
So what if it takes a few years to full bounce back, looking at the life style of this country you can pretty much say it will bounce back, and given that everyone is sick of being home this will further drive the march to the bar!
yes I can see smaller breweries and pub chains have issues, but this is a situation that Marstons can survive and capitalise from.
I think that after a year of lock down there will be a stampede to get out and feel normal. Imagine what it would feel like to be released from prison. It's going to be one huge party
claire...your enthusiasm may be infective, I would issue caustion.
This pandemic is having untold effects on life as we have known. As agreed drinking habits have changed, are we likely to see pubs working to capacity once Lockdowns have ended? The Beer and Pub Association along with British Brewers have rcently conducted a survey of it members. A large majority believe their businesses are unlikely to be viable and many will not re-open. This is a vital outlet for Brewers as this is where profit margins are the best. Sales through Supermarkets etc may rocket, but this only increases cash flow and not margins. In fact margins through Supermarkets etc are paper thin.
IMO the NAV of any company needs to be considered against it's SP.
its a very good RNS considering what is happening, and means that they can use funds to rebuild market and turn a profit before they have to focus on that expense.
in this current climate this is awesome news.
Reading the RNS they requested the waivers to be in place for the first half of 2021 to me that covers Q1 & Q2 inclusive which by reading that takes them to June upon the start if Q3 covering summer months.
looking through the majority are Auto-Sellers, this is causing the knee jerk fall. combined with a very big seller of 850000 units.
from the start there was 922K shares sold, of this 850000 are that big £578K sell, this caused 62,378 shares to be Auto-Sold
So you have someone sell this 03-Dec-20 11:26:06 68.00 850,000 Sell* 68.45 69.00 578.00k
which then causes this: 03-Dec-20 11:29:08 68.50 16,996 Sell* 68.50 68.90 11.64k Auto Sell
loads of auto sales triggered, then someone did this:
03-Dec-20 11:26:06 68.00 850,000 Sell* 68.45 69.00 578.00k
this caused a fast drop, but good news is it cleared out alot of low holders, so now can rally back up without being as held down
?
CMBC is a separate company in which Marstons have a 40% share. Marstons breweries have been transferred to CMBC.
Marstons retain Pubs and Accomodation Properties. Marstons will be in breach of the JV should they reduce Pub Outlets by more than 50%.
The one thing currently supporting the SP is NAV.
Fundamentals should be fully considered as any return to the Dividend list is unlikely for sometime.
So far as waivers are concerned, and I stand to be corrected, they will apply until Lockdowns end and then Loan swaps to BNP come into play where loan rates are to be agreed by 31st December 2021.
looking at the last report they released they were very surprised at how well they had done, i suspect this will happen again as they were in a better position expect what might happen and use government funds to mitigate for the stop in direct pub selling points.
the great thing is that due to the summer and that people drink at home they as a business would still have had revenue being generated.
Also to add that the approval of the waivers also gives some breathing space too. I did actually expect the waivers to be denied with the inclusion of BNP Paribas now in the picture. Lets hope that the 10th is not as harsh as initially expected.
can see this happening over the next week, funds buying up the stock and locking in a higher price to shake out the low holders, so that they can sit on this stock into summer and be in a strong position to make good returns.
the size of this company now (Marstons and Carlsberg combined), means they can very easily weather the storm of Covid and keep operating. with the small pubs and breweries in difficulty, this means Marstons are in an even stronger relative position.