The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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smarty am one of the fortunate few who works for pleasure giving those who want to learn,the benefit of my knowledge and experience. Some do'nt want to learn and a few are more at home being sarcastic.
Now the furlough scheme has ended there will be 1000's who have forgotten how to work.
Well that's worked out a good day so far
Fair dealer don’t give up your day job
@fairdealer20, god insight, and thank you for the alert. many thanks, CS
Accounts are due to land any day. As predicted months ago, they are not going to look pretty.
How the Brewery results will be reported remains to be seen. Berenbergs have given Carlsberg a double down grade to Sell.
Every Hospitality company have/are releasing bad figures, Marstons will be no different. The seasonal up-tick may improve foot fall, but in every case majority of Pubcos have some huge holes in their balance sheets to fill.
Whether or not a seasonal effect does transpire depends on a range of issues, product supply, transport ( a lot of beer is tankered around from brewery to bottling facilities) , dray-men are drivers whose skills are much in demand, power costs will inpinge on margins, and staffing.
The desparate way and effect energy costs are going to impact on disposable income is going to create even more problems for the retail and services sector generally.
Can see Hospitality Co's SP's heading south in the short term. Longer term depends much on the issues stated and importantly individual company's debt management.
from now till after new years is a great alcohol selling period: Halloween, Christmas, and people going into pubs as the weather outside is terrible. share is almost at the lowest in the past 6 months, looks like a good time to get in
I guess we are following the wetherspoon results and could also see Mars profit dive into losses with SP going back down.
Maybe we should sell now and buy back later?
Trent
Top man, I really like that one !
Ha Ha Ha Trent...my first laugh of the day...very good
Your plan is as cunning as a fox who’s just been appointed Professor of Cunning at Oxford University
Kind Regards
The Jimster
Cracking idea Debs. I'll get straight on it.
Good plan trent, send it to the bbc they started the fuel crisis, so gullible enough to fall for the beer shortage.
I'm going to start a rumour on Facebook and Twitter saying there's a beer shortage, and we all need to stick up very quickly. It worked well enough for petrol & diesel.
i.e. They have been installing chargers at many pubs now - so one can recharge their car when recharging their glasses!!
In fact they have been ahead of the game!
Is this new Mars tactic ??
https://www.newsbreak.com/news/2383657423290/pub-has-hilarious-response-to-people-panic-buying-petrol-amid-lorry-driver-shortage
Very clever - hope it pulled in a few punters !!
GLA
From my post 5th August it seems de ja vu "Marston's moving up good, but also watch Rolls Royce as I said before when it fell on death ears. Now in profit for the 1st Half by a Billion Squids. However good to see most of mine are up today - life is good!
Whitbread up, Compass too. I can now even afford to full up the Silver Spur with fuel, ha.ha and leave the Tesler on the grid! Ha.ha" -todays edit "no fuel out there now-so the Bentley is back in the garage and the Tesla comes out into the Sun as nothing else changes as RR heads for the skies! Good to see Barchild & unfairtrader have solved the gas crises for some serious Beer sales over this late Indian summer w/end!"
Going through the last couple of days
Hi Barchid. Yes, good to see you too mate. I hope you are well. I'm always hovering in the background mate. I'll always be here contributing. I've re-discovered my inner book worm and have got back into James Patterson's Alex Cross novels. I'd read a good 9 of them about a decade of so ago, and got back into a load that he had done which I'd not known he'd done, so got through another 8 of 16 that he'd done. All good reads.
I'd recommend Pop goes the Weasel, the big had wolf & London Bridges to you if Psycho killers getting caught are your thing. All are good reads.
Love it when Press/People talk about my work like they have an idea what's going on.
@Fairdealer20 - point of clarity which many mistake - Its Teesside with 2 s. The locals get upset at mis-spelling.
CF have been importing Ammonia to keep its Nitric Acid Production ongoing due to downstream customer requirements. I've not driven past the site for a while where the Prill Tower is located but quite often there are stock piles of fertiliser. It would be interesting if stocks were high contributing to the plant shutdown. Government may take more interest now knowing the significance although I doubt it.
Trent
Good to see you back on here, as far as not getting too attached to stocks the old adage "it's never as good as it looks & it's never as bad as it looks" is a safe one to hang onto.
Cetainly hospitality & transport appear to be in favour but the staff issues are pretty bad.
I was having a meeting just off the Kings Road, Chelsea yesterday, Kings Road was heaving with people (Chelsea flower show was on) but the pub we went to for lunch was very quiet with just a manager & 2 staff, reduced menu of course.
So it is a bit of a chicken & egg situation at present, if they find more staff will they find more customers ?
Sit tight & wait is probably all we can do.
Indeed. It's just that MARS, alongside SGC are 2 that I really like. I know that you're not supposed to get attached and all of that but still. The jump in their sp yesterday is welcome news. Interesting few days/weeks ahead there I think.
@ Fairdealer. Indeed. But I'm not sure how I feel about it to be fair.
Stagecoach, like Marston's is one that I like holding. I know that you're not supposed to get attached to shares you buy into, but sometimes you just do, don't you.
I wouldn't get yourselves too excited just yet.
The irony is the Factory at Billingham ( Teeside) was developed by ICI ( Imperial Chemical Industries) to produce, amongst other chemicals, Ammonium Nitrate a plant fertilizer. CO2 is a by product of Nitrate production. The factory was sold to Foreign competitors 10 or so years ago.
It seems APHA (Animal, Plant Health Agency, a Dept of Government) have warned Central Government the certainty of much lower crop yields next year, should Nitrates be restricted. This will ultimately threaten food supplies, in 2022/23, particularly Cereals including Barley which is used to produce Beer.
Trent,
Good news which hopefully will get the SP back to a realistic level.
It seems that NEX have shown a bit of interest in SGC, (one of my other holdings). Never saw that coming.