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55s are here now Shazaboo. Just hold on to you will be okay :)
Given the forthcoming reopening of pubs I am surprised that the share price is falling. Although supermarket sales have helped the brewing side of the business the pub side is where the social drinkers meet. People are inherently social animals and after being confined in doors with many people working from home the opportunity to socialise again is likely to be taken up with enthusiasm.
got interested in this share at 30p, bought and sold many times, then sold out on the mad friday at 55p, and it continued to rise into the 60's, then touching the 80's for a few lucker sellers
never thought it would drop back to this level, i'm watching it agian, it sure looks like the MM's know something
good luck to all
i'm back in if it goes into the 40's (i hope for all it does'nt)
Agreed paltata. If you look at what’s happening all over the world at the moment, so much uncertainty and volatility. MARs have many pubs in the Leicester which doesn’t bode well. Good luck all.
Certainly jitters before the opening on July 4th plus Leicester going into a local lockdown adds to that. Not much will change this until we see the numbers after a few weeks.
He has chronic social deficiencies. Unable to debate without being condescending. “I’m sorry if knowledge offends you” haha arrogant, egotistical sod.
absolutely shocked by the sp at the moment quite worrying
Lol what. You missed the point totally. Fair dealer said I haven't been here long enough to know anything and the story i told is from 10 years ago. clearly fairdealer has issues given his bizarre response. Do what you want. I don't care if you sell hold buy short or long. By
draft it seems you have a bee in your bonnet. If knowledge offends you, so be it. I try to impart knowledge to help others, whether my desk is moved or not..
If my views offend your mission, maybe you should move on or just listen....you can ignore if you wish.
The history and background of a company is critical for anyone who has the financial health and importantly are a serious investor. Draft as you have made clear your interest as a Trader is important to you, but do'nt hide from the facts which are there for everyone to see.
I am sorry that you lost your job, clearly your former employer did not recognise your talents..perhaps they were outdated.
GLA
.. on a lighter note, received POS for Marstons by mistake today, big ‘Welcome, we are so pleased to see you’ banner! I will drink to that!
Draft
Sorry if I'm being thick here but what has how you lost a job got to do with if we should buy, hold or sell Marstons ?
I must be missing something.
As it happens FD has advised caution, which given where the shares are priced now was not bad advice, rather good in fact.
Can anyone help as I'm lost, sorry.
Not a director but a close acquaintance
I will tell you a true story (on a friendly basis). so my old boss Mark once hired a woman to report to me. I was insisting absolutely no but he would not take no for an answer. well after 6 months she started demanding my desk and that everyone should swap desks. I kind of complained and i said you only just got here, why should you have a first desk change, other people have been here longer, they should come first, well after she carried on moaning she ended up taking my desk (head of finance - yes cant make it up), well who knew that another 6 months later shed taken my job, so she took something from me within 1 year that it took me 10 years to get to, so unfortauntely fairdealer i also used to make the same comments like you how long you been here and thats not a good thought process, believe me i have sufferred from it, maybe learn something from my true story
Britons are expected to spend £210m in pubs when they reopen in England this weekend.
Research predicts that more than a third of adults in the UK plan to visit a pub in the first week of trading after bars were closed in March due to the coronavirus outbreak.
The Centre for Economics and Business Research (CEBR) said it expects around 6.5 million pub trips across Saturday and Sunday, which is around 1.5 million more visits than a typical July weeken
Coronavirus: Cheers! 1.5m extra pub-goers expected this weekend
Venues prepare to welcome back customers, although government safety measures mean bar experience will feel very different.
By Ian Sale, news reporter
Monday 29 June 2020 15:50, UK
I wish, wholesale margins are wafer thin:)
Another one through for 25000 shares at 58p. Always good when the directors are buying
No, KahunaJim's oufit takes most of it along with the shops apparently. Marston's should put their factory price up.
Thank you, Kahuna Jim for your informative post. I do hope that some Supermarket supply business is profitable. I have noticed Marstons brands well represented in Morrisons, Aldi and Lidl, and hope there is some profit in this.
Enjoying the banter and various views again.
Hoping to add some value, as previously posted, Carlsberg import very little into the UK. Carlsberg Pilsner, Export, San Miguel and Tetley's are all brewed in Northampton across two shifts. (Stopped the 3rd shift a couple of years ago when Tesco demands became to damaging and became more profitable as a result). Working for a major wholesaler I can confirm increasing Beer Off Trade sales YTD of +17% (Marstons +33% Carlsberg +27%) On Trade all on Furlough for 3 months. GLA
Director buy, 25,000 shares at 62p. It’s always nice when you can buy at a lower price than the Directors. Current ask 57p.
fairdealer - Very true, I'd be hopeful the government will maybe come up with a way to cover the losses for inventory I the hospitality sector as one of the schemes to help them out seen as the loss has been caused by their decision to shut down? It's a hopeful thought but that would make a difference especially to small independent organisations in the sector.
Thanks for your insight, have a good weekend. Time for a pedigree or two from the fridge.
rick correct sales were reported up. these are sales through supermarkets etc where margins are paper thin. Of course no mention of the loss in cask sales which is enormous.
At least you have an open mind. Lets hope you are right and I am wrong! Time as always will tell
Apologies, this was what I was referencing " Cash flow supported by very strong off-trade sales - up 55% since half year"
I completely agree, I always enjoy hearing an opposing view to mine as more often then not you can take something constructive away from it.
I believe sales will recover quicker than planned and I hope I'm right but acknowledge I may well be wrong but that is a risk I can afford to take. With 90% of Marston's pubs having outdoor spaces and those that don't being predominantly located as more upmarket inner-city venues I see MARS generating a good amount of sales compared to a lot of the competitors who have a higher indoor-only estate.
Also, if I am not mistaken wasn't it reported in the accounts that wholesale sales were up 55% since the lockdown?