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I think starlight have been me, JimsterJimste roughly at the time when HTC driver shortages somehow converted to oil shortages.
On an unrelated note, has anyone seen the rumblings within DX. today?
I was in there with a small holding up until this morning when I bailed.
I'm short, there seems to be a discrepancy within accounting announced within an RNS today with an announcement that trading the share is possibly going to be suspended in January. With that, it lost a fair bit of it's value throughout the day.
It may well be nothing, but if anyone here is in there too, you may want to look into it and evaluate the script for yourself.
This with a Director buy later today as well just in my eyes looks a little odd.
As I say, could be nothing, but I don't know. It just smells a bit off to me.
Just so you know if you're in there.
Have posted a profit of £81m to the end of yr (25th September 2021) against a prfit for 2020 of £8m
They have repayed the liquidity faciity of £227m.
All in all decent figures lets trust MARS will follow suit next Tuesday.
All being well when VAT increases we'll be back to normal trading conditions and so is the SP.
Popped in my local again last night and only one table free, lots of locals in, book club in full force, Christmas decorations up !
Positive update next week and we can get this SP back on the road !
Someone mentioned 'panic buying beer' as an idea to resurrect the share price a month or so back
Now here it is for real
https://www.bbc.co.uk/news/business-59399754 ( yesterday )
Everyone shifting to beer for the end of year break....ha ha...good times
Have fun everyone
The Original Jimster
The 2p will be swallowed up by the 7.5% Vat increase ( on i's way back to 20% next spring).
We will have a better idea of the Co's performance next Tuesday when final accounts are released.
If this goes sub 70p I'll be buying more.
I see nothing to suggest a restricted Christmas is going to happen. Yes, cases were always going to go up over winter but the key metric is the number of hospital admissions which has remained consistent since July.
My local Marstons is thriving, put a couple of pence on a pint recently though but as a share holder this doesn't bother me as this time next year Rodders we'll be millionaires !
Northern Ireland restrictions now confirmed...
The hospitality industry cannot afford another restricted Christmas period!
Looking grim.
@ Barchid. A very thoughtful post. Not much there that I disagree with to be fair.
I'm not really in any rush to offload, as I don't need the money for anything in particular, nor do I think anything untoward is going on, but I am beginning to question when my humble holding here is going to restart paying it's way. As much as I like the company and it's brands, I'd still like to see it pulling it's weight.
Trent/DA & FD
As you may remember I posted a year or so ago that due to an unexpectedly heavy tax bill I sold a large part of mine late 2019, early 2020, not because I was smart but I took a profit as I needed the liquidity.
Those I still hold is because I like their beer, but longer I hold them more I question the management.
I bought them originally for the brewery, not the pubs, tbh, but now we don't run the brewery which is a fundamental issue.
WRT superdischarger a "strong bull" on everything, having sold his at just under 50p (his post) & bought them back 80% higher he clearly is not half as super as he thought.
Added to that he tried to boast about his RR shares even on this board, which were supposedly going through £2 very swiftly, sadly still low 130p's and Hochscild which he puffed continuously are seriously down the drain, high of over 250p in Jan, trading at 114p today, perhaps he had a family member working there like he claimed at MARS ?
Then his acolyte, the "patronised" Jimster, who was "unaware" of the likelihood that MARS won't be paying a meaningful divi until the debt is reduced is surely the icing on a rather stale puffers cake ?
So don't be depressed about MARS currently, "it's never as good as it looks it's never as bad as it looks" is a very good stock market saying.
Sadly the "puffing Billies" on this board seem to think we are all dopes.
Perhaps we are but I think they beat us to that trophy !
@ Fairdealer. I never thought I'd say it either, but we've just seem to have flat lined here, haven't we?
I know that all of the ball locks with Covid and lockdowns have done most companies over like a kipper, (except food producers & retailers of course). Which is why I've been happy to ride it out.
But we've been out of that for a number of months now, and I was hoping to see some glimmor of increased demand for the pub etc etc etc,but I've not seen much to blow me away. I'm hoping that the Christmas & New year trading figures does something to take a different view. We shall see.
@DarkArches, luckily, like most on this board, I know enough about Supercharger's comments to take both him and his comments with a pinch of salt.
Trent, no doubt the resident supercharging carrot salesman will be along soon enough to dangle away. Just be sure to check the use-by on them.
Trent never though I would read your disenchantment here. Know you re-invested the divs, which were an income attraction for many LTH's. As wolfwatch confirms I cannot see restoration of shareholder payments anytime soon. Hope that is proved wrong, figures next week will give a clue.
I reckon there are better opportunities in the sector.
We are like mushrooms!!!!
I think you have a point Wolfwatch. I can't see a dividend here for some time myself to be fair. I'm hoping to see some encouraging trading news here at some point in the new year from the Christmas trading fortnight. Personally, I'm starting to struggle to see the dangling carrot of holding here at the moment.
Good luck with that MaryBr, I think you may get a bite in 60s the way this is heading, And to think what we could have had with that takeover bid these lot turned down !! As for dividend, not sure we will see that again for next few years IMO.
Bagged a few around 73p, may have to hold until 2022 but good to go.
Morning Bootsox...thanks for the reply
Yes
I am picking up references to ex-dividend for Dec 16th on my Interwebs...I was wondering if I had missed something is all
Kind Regards
The Jimster
Presume you are referring to MARS?
At present, unless there is an announcement to the contrary on 30/11/21, the dividends are on indefinite suspension (last interims 02/07/19, last finals 27/01/20).
Is the dividend on for Dec 16th 2021 ?
Or do I have that incorrect ?
I'm holding a very large quantity of these now ( for me anyway :)
Not usually interested in dividends...but it would be nice at this point eh ?
Sensible AND/OR humourous comments appreciated as always
The Jimster
Have turned in some good results and resume Dividends.
We will know how MARS have faired in another 12 days.
Camboy
That is good to hear a positive report on the family hospitality front as ultimately shareholders need the revenue from activities such as these to make the company a viable operation, especially now we only have 40% of the brewery business.
Most encouraging
Thanks Wolfwatch.
Had a nice meal at the newly refurbished Navigation, Stoke Bruerne. Card worked with no hassle and food and service good.
Sunday lunch with all the trimmings inc Yorkshire pudding with stuffing ball.
The company seems to be heading down the family meal route with some new pubs with accommodation and could do well next year as more people venture out. Although down on my investment I am holding for now as, at least some parts seem promising.
Yes Trent, so I believe. However, I imagine it will be watered down… spend £20, get 20p off next meal etc.. ands it’s for all customers apparently.
Good points there too Barchid. Just a wait and see scenario at the moment I think. Hopefully some improvement in the not too distant for us all.
@Barchid. Perha