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What a suprise!!! It was obvious from your early days here that you are not the person you would have others believe.
The strategy was clear a while ago when fake news continued to flow from your keyboard, 2000 pubs, largest brewer in UK , at least Fiona summed you up well, " talking tosh". Like many so called experts who inhabit these boards, your best defence is to attack those who have some knowledge which irritates Traders. Trader is what you are and absolutely no intention of being a long term investor, pontificating only days ago the SP would be 80-100p what a fraud.
As for using me and others to suit your strategy, what nonsense, are you deluded and full of your own self importance.
One wonders what your benefactor is thinking looking down , if indeed he ever existed. The shares bequeathed are clearly no longer held, if again they ever existed.
It is to be hoped anyone here who was gullible enough to believe the total self serving reports you published, have now seen through dishonest a poster and have not been burnt. If not suggest they take the time and trouble and read your posts which are more based on fantasy than reality.
At least you have had the decency, having let the cat out of the bag a few days ago, to concede you no long hold shares in Marstons, if you ever did to the levels stated.
Why would a trade affect the JV? Carlsberg UK is a completely separate subsidiary from Carlsberg DK as are all the rest. Freeths are not going to overlook the JV and make a blunder like a simple no deal/trade. If you actually read into the Carlsberg UK HQ press conference and back channels that are open to the public a deal or no deal will not hurt this JV.
During these past few months, you have contributed well tot his board albeit some complete nut job responses but some marginal comments of interest. I feel that you may have gone too fast in the Tesla and overshot the mark with these. I suspect you weren't a LT holder as you cashed in at a price that over 600+ bought in that 4hour window of the announcement. Maybe we'll see you back as you bought some humour in your posts. Good luck and when you buy back in keep it close to your chest.
I'm in. RNS released on 28/10/20 @ 15:00: re JV.
Est SP close - 62p.
I understand, entry and exit is always important especially on a value basis. Am very much looking forward to seeing how it all pans out come month end and once JV is put in progress as it’s most certainly a positive especially during the current environment. Have been long on Mars since the pandemic started, and will still be here for some time after its all passed so lots to look forward to in the grand scheme of things. One point nobody has reflected on is how this may improve future dividends also when they are eventually reinstated. For me personally, the positives currently far outweigh the negatives.
HI Pitterpatter --hope you are keeping well.
I have seen so many negative comments from the likes of Barchild and Fairtrader etc, and suspect they comment without holding any shares and so felt everytime I wrote something they opposed it (despite my last post being very accurate). I felt rather than let them fight against my share ownership I would let them work for me. So at the moment the more they write the better for me.
I will come in here later that is for sure but timing is important for me as well as for Marstons. I hope you will understand what I am trying to say. Good luck you deserve it.
Can’t see that happening this close in the run up to the deal being signed tbh, if it does no doubt it’ll be brief. As to the effect of leaving the EU having an impact on the deal, I suspect that’s the kind of due diligence that would have been performed during the initial talks months ago.
I will be honest I sold off my holdings last week after the share price rose over 24% in two days.
Until the share prices comes back down to the 30's I do not feel I should comment in that I currently do not have any vested interest.
I am also waiting to see if the Uk sign a trade deal with the EU which may affect the JV. Something that perhaps may have an effect if not from Marstons point - perhaps from Carlsberg. Sorry I cannot comment further.
29th October @ 1700. More important SP predictions on completion of the deal? My guess is 68p
3rd Nov 07.00,
Ohh I do enjoy a good bet- Wednesday 21st
Oct 30th, 07:00
Nov 2nd - 7.00am. Start the month with a bang.
Ok so here's a little fun. Predictions for release of the RNS signing the JV deal? Whoever is closest gets bragging rights all day for being the best board member.
I predict 27th Oct RNS release @ 1130am
bootsox the duty on 4.5% beer is just over 85p/litre
Seems like, during lockdown, Marston's brewing facilities have been going full tilt. The big majority of their product being sold in cans/four packs.
Price per 4X circa £4-4.50 (haha, Alleluia Moses to that).
So, what does it cost, ex works, for a 4X pack, must be a few 10s of pennies?
@Majorboy. Very likely there is no magic bullet vaccine. Perhaps we get something like a flu-jab each year where it's more a hit-and-hope approach. Thankfully, as more and more data comes in Covid19 looks less and less deadly, with many of the most vunerable already having sadly succumbed in March/April. Even W.H.O is now voicing opposition to further lockdown. I think one way or another people will resume ordinary lives next year.
Buys outweighing sells - A proper tug of war going on, not surprising given 15 days till the real news hits. Upper end is optimistic unless he’s onto something. One thing is for certain, it’s stupid cheap at this level.
Now that’s optimism.
Redundances may be a dirty word, afraid it does indicate Management is protecting the Company and ultimately Shareholders interests. There will be worse to come when the Breweries Combine, admin, management, production and disitribution staff to be slimmed down. It is a survival of the fittest .
The estate was last valued externally in yr 2018. Last year(2019) Management applied certain triggers and revised the Valuation. The net being an increase of just over £24m ( assume this relates to New Build and aquisitions). It is to be expected yr just ended will show a further revision of Estate valuation, downwards, to take account of the Sale to Admiral.
Deferrment of tax is an interesting issue, even though mentioned there is no accounting provision stated. Alchohol Duty and VAT are significant numbers. It is assumed the retention of Tax has inflated overall trading returns. Have tried to nail down some comparable figures from last year's accounts but so far have eluded me.
The increase in off-sales is good and more than off-sets the decrease through Pubs where margins are considerably greater, Supermarkets may move quantity and aid cash-flow but margins are paper thin. It should also be remembered their (Supermarkets) trading terms can keep suppliers waiting some weeks before payment.
Trent
I totally agree with you re lay offs, redundancies whatever, terrible to be on the receiving end of that, sadly though if the licensed premises are not allowed to open for a further period the company has no choice.
With all the ramping which has been going on recently on this board I do trust that not many people took too much notice of the constant bullish SP predictions (73p was one which kept on being predicted), as it is never nice to hear of peoples losses, though in the market you inevitably win some & lose some which is why sober analysis is way better than wild predictions.
but all that does is ensures the new unit will be around, as opposed to the fact without it Marstons would be doomed.
SP's rise on sales and profits, not on existence alone. Even with a Vaccine, expect poor summer results and the SP will have to reflect a poor Christmas trading period in 2021. As for this Christmas, dare I say anymore?
Just read a good majority of your posts on the varying boards you spread your negativeness and like this board, you are Mr doom and gloom. You mentioned the Dow Jones in a post a while back saying this will be 20p and some BS about the US markets sneeze we all suffer, with circuit breakers in place and stop trading tiers on each level this will prevent markets suffering like you think they will.
I read this many years back when I first started to purchase stocks and learn that everyone as an opinion but unless you base on fact its as much use as the newspaper we read whilst holding chips.
https://personal.vanguard.com/us/content/Funds/FundsToolsCircuitBreakersJSP.jsp#:~:text=Circuit%20breakers%20halt%20trading%20on,circuit%20breakers%20are%20calculated%20daily.&text=Trading%20will%20halt%20for%2015,occurs%20before%203%3A25%20p.m.
In the twenties what planet are you in deramper!
JV payout along in the same as the current market cap.
You’re havin a giraffe! ??????
@ Barchid.
Yes, you raise some valid points that I hadn't thought of. Time will tell where all of this jumps. I just hope that they redeploy as many staff as they can, and keep redundancies to the absolute minimum. I don't really take any pleasure out of anyone being made redundant.
The announced redundancies seem to be making headline news from this latest report, completely overshadowing the Carlsberg JV. Personally, it seems like a great opportunity for those that missed out on capitalising before the previous JV announcement to make some real gains over the next 6 months. Just 41p right now.