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Be 20% lower since pubs opened???
No logic
What's the reasoning behind that does anyone know..?
Why pubs and bars and not other retail sectors?
Looks like we may get VAT cuts for pubs and bars. In discussions today. That’s pretty good news for Mars
It's a percentage of the shares in issue.
Hey guys, can someone help me understand the short positions table? What does % short mean exactly? What's it a % of?
positive news about the pubs not sure was that positive, I went out and its just not the same right now so wont be going out again in the short term, yes young kids might go out but thats only a certain percentage of the population.
We need more volume with the trades to drive it up. Surprising low volumes for a share in this sector.
I expected lots of people to buy in Thursday & Friday.
I agree with the positive news of the pubs at weekend this should be at 65p above
Well one would have expected it to go back into the 60's today or at least touch 60 - but market makers are holding it down.
There is absolutely no reason why this should be doing down from it's open. 65p range seems fair value to me.
Anyone think we will break 60p today??
Sorry about that the Bl*** finger missed the keys, or just the brain out of step with fingers should read self & kept.
Unforyunately many low paid / eslf employed people have lost out but we also know many of the work force have been ketp in their jobs with 80-100% of their salary and nothing to spend it on I even have family in the same position.
Most of these people now have plenty of money to spend and we could find a big pent up demand to pass that money on in pubs and shops like never before, so we could find businesses recover fast. Let's hope so and many that have lost out get their jobs back soon as well.
As with supermarkets and providing online technology is in place, managed house sales should be available within days. Tenanted houses not so clear as many are free-houses and will be drawing supplies from different Brewers.
The speed of accurate data will tell the market how the recovery is going.
How long does it take for the cash in the pubs to be reported back to the top and for them to report any figures though? From the press it seems pubs were busy over the weekend - how will that reflect today I wonder!
Pubs re-opening brings back the cash flow. Many will not venture abroad this year but stay in the Uk, see Marstons as a very good recovery stock.
Far Eastern futures up too, so we should get off to a good start Monday morning. As cash flow gain momentum and with the Carlsberg deal in addition to what we had before all of this pandemic we should come back fast if the Company can notify investors of improving conds.
The number of people visiting High Streets surged on "Super Saturday", as hairdressers, pubs, bars, cafes and restaurants reopened in ...
Thousands flock back to pubs on Super Saturday as police ...
Sky News-11 hours ago
Crowds of Super Saturday revellers pack out city centres as ...
iNews-10 hours ago
Fears of widespread disorder unfounded as English pubs ...
In-Depth-The Guardian-5 hours ago
Return of the Sunday session! English drinkers flock back to ...
Live Updating-Daily Mail-1 hour ago
Brits party well into the morning on chaotic first night of pubs ...
In-Depth-Metro-7 hours ago
The article's author states Marstons will open 90% of it's Pubs this weekend. Let's hope that is correct even though CAMRA claim only 50% have opened generally.
At this time ,Investors should take into account the underlying asset value behind any stock especially where Commercial property is concerned where there is likely to be some significant revised valuations. Cash flow in these uncertain times is almost impossible to predict. The proverbial will hit the fan next month when furloughing funding is deminished and Employers realise the unviabilty or otherwise of their Businesses.
Whilst Employees and Business owners have recieved Government support these last 4months there has been a false sense of security that has enhanced confidence which is unlikely to last.
Just be careful there will still be good investment opportunities. Research is critical.
AIMO
Yes I guess this has been known since the announcement but it does not get concluded until 3rd Qtr and I don't believe we get the money until then so until that happens it cannot be included in the sp , because things sometimes don't always go to plan. But we will see.
Did anyone see the Telegraph Money article yesterday?
A general big-up for the pub operators. May çause a bit of upside tomorrow.
that is all been known for some time, so nothing new. The point being the Mail appears to be giving an impression cash from Carlsberg puts MARS in a better position than others in the sector and not as is known being used to pay down debt.
RF also stated in the interim report not to be under any illusion trying times ly ahead.
It is the next 6 weeks which apart from Christmas and New Year, have historically been the highest cash earning weeks of the year. Let's hope most Pubs do reopen soon otherwise the fear must be many in the sector are going to find it hard too survive
The FTSE 250-listed brewer & pub operator said it will receive a 40% stake in the Carlsberg Marston's Brewing Co joint venture, plus a balancing cash payment of up to GBP273 million.
Marston said the deal values its brewing business at GBP580 million and the Carlsberg UK brewing business at GBP200 million.
The company added that it will use the cash to reduce debt and provide additional financial flexibility.
Earlier in May, Marston's said it secured an additional GBP70 million through an increased bank facility to ensure it is "best placed to navigate this period of uncertainty" created by the Covid-19 pandemic. At the time, it said the temporary closure of its pub estate and the additional GBP70 million liquidity would set back the its debt reduction "trajectory".
In March, the company had commenced a debt reduction programme with the goal of reducing debt by GBP200 million by 2023. As at the end of 2019, net debt was GBP1.39 billion.
"I am delighted to announce today's JV with Carlsberg UK. This new partnership acknowledges Marston's strategy, position and consistent outperformance against the UK beer market, realising value for shareholders today, whilst retaining an interest in the future upside of the combined entity," said Chief Executive Ralph Findlay.
Should be concluded in July-Sept and we should then get the money and I guess it will be used to pay down debt.
did the article mention the destination for the funds coming from Carlsberg?
Talks about pubs etc and says many will find it hard to come back as strong and could take time, but a few including Mars have done well by raising money etc like the deal Mars has done with Carlsberge. So I think that is another tick for the right move forward and should help the sp next week.
It has been a mixed reaction, city/town centre pubs seem to have attracted a fair number of punters. More rural and tourist areas not so well patronised. Traveled back through a tourist area and many villages, last night. Some opened pubs with outside facilities had a few drinkers, many judging by cars parked, were having a meagre time.
CAMRA report more than 50% of Pubs remain closed. The belief being they are assessing how well the Opening goes and then making a judgement on viabilty.
funny
https://yougov.co.uk/topics/food/articles-reports/2020/07/03/will-pubs-be-busy-july