Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Investingnewb - I heard from the press office (an official source) that the Carlsberg merger deal is being worked on flat out and as such there has not been any date given for results (just keep watching their official web site for any news.) I understand any results may not be this year until December. As I have said before Marstons do not feel they are under any pressure to release results (which is frustrating to us) they believe the business is sound and only see pressure in getting the merger through and satisfying the CMA. I hope this helps and this is an honest account before anyone says I have insider information it is after an open approach to the official web site. Give it a try and come back to the board!
Investing
I did post earlier this month that in 2018 they gave a trading update on 10 Oct & in 2019 the date was 15 Oct.
In their investors calendar they just say October, no date given. Clearly with CMA & the JV they probably have good reason not to commit to a firm date, hopefully those past dates may give an indication ?
Hi Guys,
Does anyone have an idea when the Q3 results are normally released within October? I know it was mentioned previously also but couldn’t find the post on when we will know the first stage result on the enquiry in to the Carlsberg deal also. It’s definitely going to be an interesting month ahead. Thanks in advance.
Would have thought the cut in VAT to 5% and the continued support to both staff and the Company itself with the opportunity to reorganise the finances that we have a few profit takers. Still we can't go up 7-9% every day and the last few days we have recovered well!
Yoyoma - I forgive you - I like your name actually support good causes?
At least the Govt are trying it cannot be easy for them at the moment but we will come through this.
slight correction to your post (now addressed as Brian Potter & his s****y tesla)
To be eligible they must work 33% of hours given, remaining hours are offset by govt and employee who pay each 33%, thus meaning they will receive 77% of their set salary.
#wintereconomyplan
Minimal VAT 5% for Hospitality sector extended until March next year.
Businesses can spread VAT bill with no interest to pay.
Bus Interruption loan extended to 10 years. Pay as you grow scheme for 6-10 years. Small and Medium business support.
Direct support for staff in work i.e. Must work 1/3 and govt helps fund 2/3rds.
Self employed grant extended.
Thanks Mr Rishi lots to help Marstons and their Pubs here.
I understand we are working hard to bring about the Carlsberg deal so expect results to come out slightly later than we usually do.
Based on your experience you feel this is a sell? With Freeths & Norton Rose Fulbright working hard in the background getting the JV completed you think that 12 Oct results will force this to take a hit? I can tell you this from experience, the set out of most pubs is tight however how many pubs do you know that marstons have are tight on space? They will role play this in many places by design so they know what staffing levels are required and also what level of effort is required for segregation. Do not be fooled by some comments from a manager thinking its all going to be a struggle. Serving via table may take an extra few minutes as is the same process for track and trace, payments are not mandatory via card but preferred due to limiting touch to coins and bringing the customer closer within personal space.
Relax and don't fret there are a few on this board who feel this is a short term creamer whilst the majority know this is long term. if you want quick returns look at education providers and mineral sector. DYOR
Not surprised with Town pubs and City pubs where people are working from home. Afterall who wants to go into a town centre. However I see home Beer sales increasing, especially with sales of the winter warmers and selection beers Marstons group now are producing for a quiet Christmas at home.
I visited my local Marstons last night (Bure farm in Bicester - normally RAMMED in a busy town centre, it was quiz night and it was empty).
I got talking to the manager. They've claimed that sales and daily takes have been horrendously low since reopening on 4th July, and can just about cover the staff salaries, with very little / no profit.
With the changes announced my Boris which come into play from today (Thursday), the main concern that they have is not that the place has to close at 10pm, they can deal with this -- it's the fact that table service is now mandatory for ALL customers. This wasn't an issue for food, but they have no idea how they will be able to handle the extra overheads required to manage the sales of drinks without putting on more staff, and thus decreasing profits even further.
They can't force customers to order via an app either - the majority of cutomers during day time are those of an elderly nature and don't have the capacity to do this...
Earner reports out W/C 12th October. I can see this taking quite a hit...
Have a look at CPI - Capita -Schroders stake building their share increase in two days to over 10%. Another steal at the price shown.
Elon will like that as it will bring them Alcohol sales in line with that "road" tax charged on his cars! Ha.ha. Nil?
Some on here take life far too seriously. I love the reaction to comments on here it is good sport. However the sales and customer confidence increase for Marston is genuine. Keep the positivity going as it saves me taking my Rocket ship to Mars!! Even Elon Mr Chancellor is talking about a cheaper Tesla in the 25k range so we can all have one if you cut VAT on beers!! This will help our friend from Kent not lose his local shepherd neap to another Marstons/Carlsberg takeover.
From your message I get the perception that you are home quite a lot and the most probable cause of your constant comments is that you are lonely individual who relies on the internet as a source of companionship. Not only have you recently posted the amount of shares you have (this I think IMO should always remain private) but now your bragging of luxury cars, luxury disability buggy etc all of which are uninteresting to others. Perhaps your the type that went to elevenrife when the others went to Tenerife. As for the Barnwood leisure complex do not get too excited just yet before you start bounding down in your welfare car the whole build is on pause....sorry to burst your bubble.
As for living by the name YoYo you misread it's YoYoMa and has nothing to do with up and down perhaps a simple google of the name will give you some inner peace rather than built up frustration.
FD
Under the circumstances you have been very polite.
Perhaps Elon might like to serve Marstons in his staff canteens, but being a Saffer he probably prefers Castle.
Barchid, with apologies
Whose there! " Elon Musk, I need an automotive expert to test drive my brand spanking new Electric powered vehicle aimed to fly in outer space. Are you up to it? I will supply adequate refreshments for the journey reckoned to be around 3 months and Archimedes book titled Simplified Mathematics for Beginners. If that gets a bit heavy for you there aremany pictures of the many screws Archimedes perfected. You will find them amusing". " OH almost forgot the barrell of Spitfire."
Good afternoon.
With apologies to all sane readers.
@Edwards
Absolutely agree but wouldn't it be even nicer if this board only contained views on Marstons rather than personal animosities played out to the tune of number of shares, type of car etc ?
Honestly who cares?
We (nearly) all use this board to gain knowledge of our investments, which in these trying times is important, rather than a facile attempt to flash the cash.
Nice to see it heading in the right direction again
Here he goes again UnFairtrader comparing Apples with Eggs. He will be shorting "SHEP SOON" -Which might make it a buy? If not majority privately owned.
I saw yesterday a new Marstons Pub opening in Gloucester - hardly any comparison at all and certainly not a company in any trouble here - still expanding - still increasing sales! As I said before this trader is first out the taxi - and last one in the pub. The whole point of Boris's statement closing pubs at 10.pm after 5 solid hrs of drinking was to stop the SHORTS - think about it. For which he has my sympathy. In fact if he had let the pubs continue any longer my Tesla would have discharged - I will have to ask Uncle Ralph if he can have charging points installed so I can have my Tesla milk float charged up as my 5 friends enjoy their drinks i the limited (5 hrs) of time available. Yet Shepherds Neame still complain. Well serve the customers quicker is the answer. Maybe in kent they spend too much time in the garden of England? Never mind.
Has the Oozelum Bird re-emerged from his black hole as a Gooney bird(turdus gooneycus)?
Should use his monocular vision and read the press release from Jonathan Neame, CEO of Shepherd and Neame the UK's Oldest Brewer. Jonathan warns of the devastating effect the latest regulations will have on the brewing Industry and predicts significant closures.
Yoyo, why not and indeed "live up" to your name "when the market goes up and down have some fun"- I love it - but as always behind the joking is a serious tone to make some serious money. It is just a shame as you will have found in life those that think they know best - quite often do not.
I have a simple life and this is a hobby which happens to pay for the new disability buggy, etc. (Tesla) usually every April. Also keep the Range Rover Overfinch (the only car the buggy will fit in) topped up with fuel - which should please unfairtrader who is heavily invested in Oil, where the whole world and his dog would prefer a Tesla like I have, ha.ha.
I definitely see a spaceman on here..... I have watched for several weeks now the absolute drivel you churn and albeit we are all entitled to an opinion I do think yours are one of the more humorous ones. Not everyone comments however on this occasion I joined merely to say please do not stop writing such comments as it cheers me up on those wets days like today!
When Ralph Findley reports that Marstons have seen renewed customer confidence no one needs to research very far to know that means better business and increased sales.
It is a shame also that the so called shorters on here cannot read what is in front of them.
I said we were a rocket on the launch pad waiting for take off yesterday and we are under ignition. Still time shorters to buy back in before it is too late and you are not left in a black hole.
Trent I could'nt think of a better Orator, ah ah.
For sure there would be total confusion for battery-charger.
Piers Morgan has a PHD in B.S. Does that come close?