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...hiccup....
Just there is no supply as Trump has bought 90% production for the next 3 months.
The Dex... drug is UK's better hope.
And Oxford vaccine in a few months. Ironically they have to part test it in Brasil as UK has too few cases now!
Open for business. Can anyone report from their Marston estate?
It's odd that Mars are off 35% from their high, whereas Wetherspoons are only down 11%. I expected a SP boost before opening day rather than a move down. I used the drop to buy more at 55 though in the hope of a rise in future.
The pandemic will be over (for the UK) before a vaccination programme for Coivid 19 could be completed. Cases and deaths falling to very small numbers is far more likely to trigger a
return to conventional behaviour. I expect that to be 2 to 3 weeks from now.
Pub shares have factored in the sales which will still be way below what they were before.With social distancing, pubs will never be packed like they were until we get a vaccine. Even thenm it will be a while after that the pub shares return to normal.
the queues of casket and keg deliveries around here were huge
giantsquid, I agree, pubs will be packed at the weekend and for weeks to come. I fear it will follow the same news bulletins as the queues at Primark, crowds on Bournemouth beach and unacceptable behaviour at recent protest rallies understandably suggesting we are all idiots and irresponsible. It will take a self proclaimed genius to forecast the effect on the share price. But I expect this will follow ;) ………..
On twitter I've seen no end of people saying they'll be flocking to the pubs - there's no question the pubs will be packed. Brewers are going to have a busy time of it over the coming weeks and months meeting demand. Pubs are usually busy places anyway but what's coming is way out of the ordinary - nobody has been able to go to a pub for months, so when the doors finally reopen it'll be a stampede I think. The tills are going to be ringing non stop, literally. The extent of the crowds of pub goers will almost certainly make the news headlines on monday. Will be interesting to see how pub shares react next week to the sudden surge in revenue.
Don’t be silly now
Yeh rite god knows where this price is going may be back to the 30s
Eu Authorises Remdesivir as a treatment. Should bring some confidence back into this reopening sector.
ruman
"hope weather is good", if you look at the met office forecast for this weekend the drinkers in the garden/car park will need their macs on !!!
Perhaps someone should consider a switch from Marstons to Sta-dry if their forecast is accurate.....
Anyone know when the next financial statement for marstons is due?
Anyone with L2 see incoming trades? Lots of buying today.
Went to a pub last weekend. They were selling takeaway beers but they had a pub garden set up on farmland out back. It was absolutely rammed. The pubs WILL be packed this weekend. No doubt. Marstons used to be a client of mine and they have a good set up and a lot of loyal customers. This is going to rip north on Monday regardless of what happens today.
Let’s hope a bumper weekend - people will be gasping for drink and push this back up 75p plus
Directors buying in is a great sign too
Lets hope so , fingers crossed this SP should retrace to 75-80 and then push on ? Saturday is so important for MARS and all other pubs. Hope the weather is Good , i can see those Beer Gardens being busy. GLA
It’s the anticipation of a second wave and pubs not generating a decent profit. Make no mistake about it though, when things are back to normal this will be above 100p again
Just bought in at this stock @ 57p. I have watched this stock from early March making strong gains in lock down conditions. Finally bit the bullet and bought in regrettably 3 months late. Why though has it been on a steady decline since the start of June?
I anticipate a VAT cut for pubs will come in the next few months. Also, lets please remember that although there is a lot of debt here, there is a lot of real estate on the balance sheet too - so the debt is backed by tangible assets.
I like the make up of the pub estate having beer gardens here, feel like they are better placed to open with social distance than others. There will be significant pent up demand.
Directors' buying in decent quantity also provides some reassurance. Granted it will be a long recovery but feel this dip is a good buying opportunity.
Depends how many local boozers will leave their home delivery of beer and newly acquired addiction to the internet behind. They might be enjoying the money saved. I would suggest the new regime requires nice clean pubs and well manicured grounds to attract those that do go out and new clientelle who see a good well presented offering. Job redundancies are bound to impact and require new approaches to attract the more discerning. Off-trade will satisfy those home delivery customers which hopefully Blawat can set up direct delivery via internet orders as the empire is now big enough to cover a big geography and margins will be worth it.
The transaction is expected to complete in the third quarter of 2020.
So does that mean July - Sept and is that when Mars gets the money ?
which we can look forward to.
I used to follow these and hold many thousands when they were a £1 and sold at about 95p ish, always thought they were a strong company and good profits but now they have done a deal with Carsberg to reduce debts etc there is no reason why they shouldn't go back up to the £1 mark in time. Soon with luck covid will be behind us and we can make progress again.
Two non-executive directors and the chairman. Definitely a positive sign.
IMHO I never saw the 22p slide from Boris' speech until yesterday as I don't think many did. I'd like to see this north of 65p by the end of the month and hopefully not below that again if all goes well with the lifting of restrictions. DYOR.