Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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It certainly gives me a comfort factor when looking at the other largest share holders (most pension fund managers) as they have seen this share as being one fit enough for some quite large funds being invested.
Chaps don't give yourselves any credit I am interested and certainly it would not bother me that a French transaction in Paris for an internal Fund transfer took place for indirect voting rights for the percentages stated on the fund (no doubt a pension withdrawal?) where the stated LSE fund held for Dimensional in Marstons is / was insignificant and actually shown as prior to :-
Major Shareholders
Name Type Amount Holding %
Dimensional Fund Advisors Ltd - 9,373,005 1.42
Capital Group Companies Inc - 9,291,379 1.41
Standard Life Aberdeen PLC - 9,228,860 1.40
Brewin Dolphin Ltd - 8,392,337 1.27
Royal London Asset Management Ltd. - 6,794,023 1.03
As I was more interested in Ralph Findley saying he had seen renewed customer confidence returning mentioned in a local news statement after being interviewed in response to Boris latest idea of early bed at 10.00pm.
@Richie
I saw this at lunchtime re Dimensional ?
My take is that until 18 Sep they had just over 5% of Marstons but now control just under 5%.
Oddly enough the FT, which is normally reliable on large holdings, does not even mention them as a significant (declarable) holder.
They have something like $600bln under management from memory so are not pixies !
I didn't bother to tag it up on the board as our super ramper was going into ecstasy over a 2P uptick, did not wish to upset his day.....
Richie and American Fund have reduced their holding in Marstons
Can someone explain the RNS?
MRobs- We may need to listen to Boris on the tv tonight at 8.00pm. as he is keeping pubs open until 10.pm but does that apply to Motels and Hotels where room service can be a consideration?
Otherwise after 10.00pm you might need to get the misses to get some home supplies in from your local supermarket. However I hear many working from home enjoy a can or two whilst working through lunch!!
Pubs to close at 10, wont make much difference anyway...
Back in here today and nice rise to. Lets see what happens come 21st October...
Is it the last orders at 10pm?
2rein - Don't rule out increased retail sales (i.e In addition to the pubs opening). Carlsberg when making the offer for Marstons merger on brewing will have conducted their own due diligence to have made the offer in the first place.
If you put "probably the best lager in the world with probably the best bitter awards winner in the world" (following the four World wins for their Hobgoblin beers) this is a winning combination and will increase sales. I went to school with a mate whose father imported premium German lager and they were at one time a very small producer but once they won some World Beer awards their onw sale multiplied four fold. We were 73p when the deal was first announced I see us hitting that fast once confirmed. Fingers crossed Beer mats ready and waiting.
If Covid 19 did not exist, the SP was headed to 50p anyway because the markets are always ''looking for a boogeyman'' and they would have found one in the debt Marstons has had for a while. This would have taken it down to 50p, however, if the Carlsberg deal had been done at that time, we would have seen £1 quite quickly. In the current environment, I see 50p as the recovery rice to go to from a low of about 25p. This ''recovery'' will only come about with a decent vaccine.
As I say the market sees this share as a strong buy. Sooner or later the four shorters on here will have to buy back in but to be honest the amounts they hold are minimal or unrecorded from earlier conversations to have little effect.
@difranco As I understand it, the Pub will have to have to be fully empty (staff and customers) cleaned and locked down for the night by 10pm.
Do we have clarity on what the 2200hrs time limit relates to.
Is it last orders, the bell or end of drinking up time.
If there isn't clarity which is likely in Boris world, then you will see multiple drinks purchased before the bell
and drinkers taking 1 hour plus to consume with the blessing of the landlord.
If its table service only you may as well forget the 2200hrs curfew.
The smart publicans will sell hard to 2130hrs then prep takeaway's for drinkers to continue the party at home.
Either way, it shouldn't be confusing but with a dissolved mainland and no borders, they will not sing from the same hymn sheet as we've seen over the last 6 months.
IMHO this company does have a good future as some business is better than no business at all. If it was an aviation company the share price would be down to 5p.
The market can sense and feel an announcement coming very soon. Get your brokers phone numbers ready shorters this shares is on the launcher ready. 73p in two months and £1 for the Christmas festive period! -Happy days. In fact apart from about four shorters on this board the rest of the market appears to support this share.
sorry referring to Marstons not stagecoach
I'm sure you have heard of the statement ''when the US markets sneeze, the rest of the world catches a cold''
Quite simply, as we saw in the March crash, when the Dow crashes or moderates, all other stocks fall in sympathy. It is widely accepted that the DOW is overvalued and earnings cannot support the SP's of many stocks. The Fed is ''propping up'' the market by buying corporate bonds, this is not sustainable. We could see Biden win the election and he may not be as aggressive in this buying process. If Stagecoach is 30p when the US markets fall, it will end up at 20p.
read this twice and still not sure what you mean. agreed a small spike today, as people including myself were thinking there may be more gloom announced over and above that pubs need to shut at 10pm - which they mostly have been doing in my area for months anyway. the high 20's may well come but on the back of a tightening of lockdown from partial to full, surely in no way relevant to the how the dow is performing, or am i missing something, if so please enlighten me so i'm fully informed. thanks.
expect to see a bit of a rise before the next fall and we will be in the 20's at the next big fall on the overvalued Dow.
Pitterpatter
CMA are going though a process which may get protracted and time is not in Marstons favour. Funders will be getting nervious, the longer the enquiry goes on the deeper the knife will be pushed!!
Is the involvement of the EU pure bloodymindedness or the result of strong lobbying from a European Brewer/Supplier, possibly Heineken?
Investors do indeed need to keep an eye on the wider landscape, indeed in this sector there are better opportunites than Marstons.
Keep you powder dry!!
It’s worth adding to that, that the CMA to date have not been successful in any of their cases right. By all means with Marstons and Carlsberg it could be a first, however off the bat, and months ago, I’m fairly certain it was perceived as more of a time wasting exercise on their part. Each to their own, gl all - turbulent time’s in general - remember to keep an eye on the bigger landscape also.
The Carlsberg/Marstons Brewery merger was referred by the European Union and NOT CAMRA.
The CMA have asked for representations from Parties interested in the merger this will no doubt have included CAMRA. The CMA will also be investigating many aspects relating to the proposed merger, intending to make an initial decision by 3rd week of October. The initial decision will be as to whether or not an in depth (stage 2) inquiry is necessary. Any view the decision is a formality is misleading and should be ignored.
The supposition that the CMA would not wish to deny the Consumer of choice, as without the merger Marstons could fail, is rubbish. Just examine that scenario being put forward by a "confirmed" investor, that beers would disappear is nonsense as it can be almost certain a Liquidator would sell off the individual Breweries either separately or as a whole....there are many Venture Capitalists with deep pockets.
The CMA will act in a way it's brief requires and some of the nonsense being peddled here should be dispatched to the bin.
For more immediate concerns Investors, of any stock, are going to need nerves of steel during the coming days, as I warned months ago given the ramifications created by COVID, there is worse to come. Hope like WB investors have kept their powder dry as the time is approaching when significant value and opportunities are going to emerge. Even then care and research is essential. More on this later.
Today is going to be a very turbulent ride in the Hospitality sector.
Keep your nerve.
bar
No, I prefer my share holdings to rise. I profited from purchasing more shares at lower levels than the current one, but I don't want to see them back there.
Putting Barchildren to one side - The CMA investigation was after CAMRA felt the merger for Marstons would result in less choice and less beers sold if it were to succeed. Well for the hard of learning let me tell you if Marstons was to fail then there would indeed be a whole lot less beers sold than now, and so the CMA are hardly going to have their failure on their own conscience. So it is more than likely be approved. Fortunately like my learned friend I also sit on a large amount of cash and so look forward to the stock market falls for longer term gains. i.e. I do not have to worry about daily changes unlike some on here who seem more concerned than me. I do not jump on those who have not invested when the share price rises and naturally it shows those that that do when the price falls are no longer holders -everyone to their own.
@Super-ramper
I am fascinated why you seem to think that anyone who dares to express even a slightly different opinion to your own is a "day trading shorter" ? Many of us have exchanged differing views which is surely the point of these boards, to evaluate different opinions to be better informed, anyone who thinks that puffing a stock up constantly on the LSE board in the hope it might make the price rise is clearly deluded.
The only "once second richest man in the world" I can think of who made comments on stock markets strategies is Warren Buffett. He also once said "forecasts may tell you a great deal about the forecaster, they tell you nothing about the future".
Go figure.
Well the benefit might be for an alternative view the fall today and scaremongering will help the firm gain approval from the CMA to allow the merger with Carlsberg this as well as the post Brexit benefits that will outweigh the CAMRA concerns and arguments that less beer will be sold I feel is nonsense. When Marstons have won four world beer awards it means more marketing and sales in "super" markets during any lock down if one ever comes and greater sales. However I am not a shorter I still see this share post deal at over 73p - I will be happier then - I can / will wait. My old boss once said if you look to buy shares for less than two years you are in the wrong share. He used to be the second richest man in the World. Believe the day trading shorters if you want I am happy with my holding which will turn for the better here very soon in fact the lower the price the more likely we will unfortunately become a complete take over target which will be a great traditional loss.