Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Got the 15% I was looking for. This should go further, but for now....
Card factory is another share with a similar technical setup, in fact lots of small caps in the UK could do well from any half-decent plan from Truss
Now well above my purchase of a couple of weeks ago - fingers crossed for a continuation
Help work rest and play!
Looks like Liz Truss has Pedigree too! Fingers crossed she will help businesses too with the rising energy costs, as well as home owners who may prefer to turn their own heating low and go down the pub to use theirs!
40p Incoming GLA.
CFO buying is a big vote of confidence however the shorters will be out if the market drops Monday so could be another buying in opportunity .
Someone said the market looks long term. What a load of rubbish. The market has a knee reaction to any news or fake news. Take a look at cineword. Unsubstantiated rumours of bankruptcy down to 1.8p & then up 6p Friday. Rockhopper doubles in a day !!
The market looks long term?
Marstons are doing all the right things.
Pay your money & take your chance or more like do your homework & ignore the fake news.
Or Liz Trust -is putting some 50p's in the meter whilst also lowering VAT and energy bills to be capped for small businesses? To be honest as everyone has said on here sale over done and someone sees this as a buying opportunity.
Big vote of confidence here from the CFO. If the CFO is happy to buy at this level, and let's face it, nobody knows about the finances of Marston's better than the CFO, then i think things may have already bottomed out and on their way back to an even keel. Not saying it's boom time... just that we've probably bottomed out now.
Tend to agree with you Eusebias , and put my money where my mouth is buying in today. If, and it is a big if, the government provide some meaningful assistance to the pub, leisure and hospitality sector, with all the much-publicised increased energy and running costs, my hope is that share prices will move forward from these low points.
Whatever the longer-term fundamentals, it seems to me that there's a lot of bad news in the price, and technically the share is set up of for a bounce of 10-15%.
Obviously it is up to each investor to make their choice & do their homework on the company.
The share price is very low & could go lower however the fundamentals are pretty good. Gas locked in to 2025 & electric until March 2023. Not many companies are in that position in this sector. So maybe you could get burnt a little with this share or boom when the next results come in or another takeover bid. Probably be a hostile bid as the directors seem to have their heads in the sand about real value.
was this new york based asset managnent co buying up shares at approx the same time as the platinum takeover bid,is something about to happen ??
Everyone seen the RNS, Coltrane have been active again ?
Thanks Barchid. It's good to hear from you too. I hope you are well.
I genuinely hope that Marston's fortunes can be improved, &should that happen, I will divert some of the money I have in PFD back in here. But while they are in their current freefall,I think it sensible to come out for a while until the level is found before reassessing going back in.
That said, I do have a small stake in SAV. (A Lithium miner).Just A couple of hundred quid, so not too much but can see some decent upside if all goes well. High risk certainly. Not expecting much short term there but it'll be interesting to see where I am in 5 years or so with it.
Good luck to you with your endeavours too mate.
Trent
Always a pleasure hearing from you, good luck with your future endeavours.
Yes, you are correct mate. I always like to reinvest any dividends I get back into the company.
I moved the funds into my PFD, as I see them as a safer option for now. (This is another company I like). I did buy a few in there when I had my good fortune with SGC so there's that.
Should things improve for Marstons, or the risk/reward ratio becomes favorable, I will be more than happy to come back in.
So I'll be quietly observing from the sidelines for now.
Good fortune to those riding the storm.
My thoughts exactly.
Car park was full when I passed at 4.30pm.
Not sure about all this inflation hype. Most commodities are back down to January's levels or below. Oil is off its high & it's just gas that is well up.
Wind , solar & nuclear power don't seem to have gone up although I am sure that the power companies will tell us a different story when they announce the profits. Probably the wrong type of sun or wind !! :-)
Thanks Trent, I recall how you looked forward to the dividend which you re-invested. Happy days!!
Sentiment to a company is fine so long as it performs in a way shareholders accept and like. I disregard Traders from that statement as they are here today and gone tomorrow.
I wish you good fortune with your investments and hopefully confidence will be restored here which will bring you back.
Had lunch in pub garden yesterday. Not mad busy but not many empty tables in or out. I understand the pitch to government for free money...who wouldn't. Of course there is no such thing as free money but why not ask.I don't reckon it is going to be as dire as the media want it to be. I think there is energy price regulation coming that will constrain things. We will get through the winter and MARS will look cheap at 35p. I have topped up this week....May get burnt, but if I do at least those nearby will be warm....
Regrettably though, I have sold my last few of my holding here. It's a sad day as I am fond of this Co.
That said, I sincerely hope that things improve for those who are still holding, and I've got no intention of running Mars down.
May fortune favour those braver than myself.
Thanks for your insightful comments!! I'm sure everyone is hanging on to your every word!
Give the pub trade nothing if it sinks so be it
FD
And this is re-iterated on todays City A.M. website, a depressing read but it does lay out just how tough times are at present
In a Radio Interview this morning, Paul Davies, CEO of CMBC, stated the huge increase in Energy costs are impacting on basic materials, aluminium, glass, malt etc, which have doubled in price recently. Paul further states, unless significant help is provided many pubs and brewers will close this winter even though Landlords have had rent reductions.
Apart from raw material increases, Labour shortages and costs are adding to the problem as is the prospect of consumer's low level of disposable income.
Paul was representing the Brewing Industry who have sent an Open letter to Central Government, requesting help in the forthcoming emergency package of Financial help due to the Energy Crisis.
Called in yesterday.
Very busy again.
Not as busy as my local earlier. Three deep at the bar however they had a brilliant group on late afternoon.
Seems Marstons has 814 jobs advertised: https://www.marstonscareers.co.uk/vacancies/vacancy-search-results.aspx