** British pub landlord group up c.4 pct, one of thetop gainers on FTSE-250 midcap index
** Sanlam Securities reckons stock as "a deep value BUY"with its shares valued at a 60 pct discount to NAV and a PE ofjust 6.1
** Stock, which has rallied c.30 pct from their March lowpoint, was hit hard post Britain's new higher living wage,adding to unsustainable pressure on the pub industry.
** Co says total leased and tenanted estate LFL net incomerose by 0.6 pct for the 44 weeks to Aug. 1.
** On track to have 30 managed pubs operational by Sept. 30
** Managed pubs, which have higher costs attached but offergreater profits, have become a focus for many pub firms as theyrespond to competition from cheaper supermarkets, a recessionand Britain's smoking ban.
** Analysts says Q4 should see a boost from the Rugby WorldCup. (RM: aastha.agnihotri.thomsonreuters.com@reuters.net)