focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Trent/Fairdealer
Thanks for the welcome, I do agree with the minority owner, Stelios/Easyjet, Vodafone/Verizon are 2 examples of that, but I'm not as bullish as Fairdealer on the revenue that could be derived from change of use, as I said in my post earlier. But time will tell, certainly I'd rather have Carlsberg running a brewery than a bank !!! Which is what could have happened if we did not accept the Danegeld...
Thunder, sorry can you pls explain further for me
Citadel closed part of short position on Friday.
https://shorttracker.co.uk/company/GB00B1JQDM80/
I expect the rest may try and close and the price will not reflect true value here until they do.
who knows I doubt it but its a nice sign ... someone has some confidence for sure and to be fair the new target is miles higher than this price so .......
is that why they took it down?
just gone through
i in for £4k
check the levels or wait a few mins .......
sure?
buys flying in live
Yes welcome back barchid. At least you have come back to more sun and have avoided the enforced 14 day quarantine.
Although the deal is a God-send for MARS, the devil maybe in the detail as I am always believe the Major partner in any JV , will look to protecting their Interests.
It seems the Breweries and distribution facilties will be transferred to CMBC. It follows, unless I have missed something, the £273m covers the valuation of those assets. Cannot find the segregated valuations of breweries and other facilities, as this will have bearing on the residual asset values. As I see it not only will debt reduce so will the residual assets.
There will be economies of scale...….. resource reductions, which will be a benefit, just hope business does return to something like normal. There is the uncertainty.
The issue of poorly performing pubs may be addressed with change of use to Residential. That could be a benefit providing Local Planners approve....many pubs are Listed buildings.
Publication of the interim results has been delayed from 17th May until June ( date not specified). Reason for delay has not been stated, could be Covid, could be the Carlsberg deal, or something else??
Bondholders are to approve or otherwise some minor changes to agreements, by 27th May. We should hear more on this tomorrow or Thursday.
Does the shareholder card discount drinks as well as food?
Just food in the "Pubs and Inns" managed houses and accommodation in the Hotels.
You need a minimum of 500 shares.
After you have the shares just contact investor relations at head office.
Welcome back to blighty Barchid. Hope its cold enough for you mate.
You've not missed much while you've been away mate. Apart from this carlsberg. Thing
Re: Does the shareholder card discount drinks as well as food?
Unfortunately no it doesn't, food only
Trent/Fairdealer
I actually arrived back v late last night on a repatriation flight, yes, far worse places to be locked down in but after 5 months away nice to be back.
Well, a foreign take over was always what I had often posted that I thought could happen, this is interesting though.
Bad news first, we are left with a string of very often sub par pubs.
So they might get planning permission, but a long slow game with their estate and what is a pub converted into a few flats really worth in this climate ?
But the good news is MARS is a brewer, only holding 40%, but with a great partner, to paraphrase their ad "probably the best brewer in the world" that business is the one to buy into and wave hasta la vista to the rump estate. My concern is RF's probable aggressive valuation of said estate.
on the rise at the mo
Does the shareholder card discount drinks as well as food?
I bough 5 weeks ago @ £0.40. Massive company and likely to get back to over £1 in the next few months. Worth the hold in my opinion.
£1 minimum for me, might take a couple of weeks but the Carlsberg tie up alone...
levels are all lined up again ..... it practically went blue from this level within minutes earlier in the day .... please do own research though
looks that way, could we finish even / blue for the day?
moving into a rise right now in my opinion
Defo long term hold . Held Mars for 3 years up till last year and enjoyed good divi and excellent shareholder discount card .
My personal approach was to buy a smallholding to satisfy my itch. I intend to add if the price collapses or just hold and double my money. I dont get romantically involved with what s possible. DYOR.
26 May 2020
Peel Hunt today reaffirms its buy investment rating on Marston's PLC (LON:MARS) and raised its price target to 95p (from 60p).