Member Info for barchid

Shaperite/FD
We do indeed all understand the serious straits Mars are in, but the fatuous noise from the apparent rampers prominent on this BB always studiously avoids the debt, clearly most people do read both sides of a balance sheet but I guess their exercise is to pass it on to the greater fool theory ?
I can see no other reason why people come up with nonsense numbers not even good enough to write on the back of a *** packet to try to tempt some poor ill informed punters in to the stock.
It really is a sad way to invest, trying to flush in ill informed punters, but some of these characters who post their regular puffs appear to be quite shameless.

I just had to add a few more at 95.5p, this is getting silly...

Sisyphus
Agree with you
I topped up last week & added a little more today.
They do look attractive. Very attractive indeed sub £1...

Modestly encouraging I thought.

New & Stevo
Absolutely agree with you, the drivel that is posted is seemingly interminable.
So boring for genuine investors

Sisyphus
Very true, I bet M&G would love Premier's performance record, not that they would be the acquirer, far more likely someone takes them, but your point is well made.
PMI is a very cheap stock, all we need is patience (& a bit of luck).

I was quite encouraged, better than I had feared tbh.
Best part about the rns to me was that 76% of their funds are in top half of their respective sectors.
I have dipped my toe in to average today as I'm guessing that the divi is looking just a little bit safer

Sisyphus
I agree with you but sadly Mr Market appears to disagree, which is often an ominous sign.
I would have thought the divi is safe, if so the shares look a steal at present.

Avocet
If you are not sure your post is correct why on earth did you bother to post it ?

Dinoken/FD
Why is it that Super discharger has been so silent recently ?
He did once claim to be very close to management at MARS, was that before the Tesla ?
I do know, of course, that he claims never to lose cash in the LSE, only ever spends time looking at his gains, maybe he has been distracted recently with his calculator ?
DYOR as usual

Trent
Good to hear from you, we've missed your pithy comments that made us chuckle.
I bet you are pleased you cut MARS when you did, rather than listening to the puff puff puff of some commenters here who always seem to have an agenda ?
I trust you & family are well, going to your favourite Greek island again perhaps ?

Quickdip
A very interesting link you posted and is certainly something I have mentioned many times on this board, living in London it is truly astonishing how few pubs are really busy and also how many have closed for good.
One thing Skynews probably deliberately avoided mentioning is how so few younger people go to pubs these days so why is this ?
My guess is that with recreational drugs affording that age group the opportunity of getting hammered for much less than putting down a large number of pints would cost them is very likely the reason.
A culture change which can only hurt pubs long term.

A lame brain ?

FD
I am very happy with the current divi but I would like to see the share price up, it is at a derisory discount to where it reasonably should be in a rational market.

FD
Succintly put, as usual.
To my mind the biggest fear is if they sell their most easily saleable asset, which is the brewery, to raise cash, leaving shareholders with a rag tag collection of licensed premises.
Given we only have a minority share in the brewery it could be viewd as low hanging fruit.

Gents
The time being taken does seem peculiar but it is not at all impossible that the Skilled Person has now been told to test, by the FCA, whatever it was that he needed to, in order to prove that the work has been done properly.
If that is the case then a quarter, or 3 months, would seem a sensible time to test that all is is now working properly.
The longer this takes, with no sanctions applied to the main platform, does indicate to me that the issue is/was a technicality otherwise I am sure ordinary customers, not piggy backers using the facilities JIM offers (B users), would have noticed some differences in how things work when day to day business is conducted.
Perhaps I am being too optimistic but my gut is that if it was a serious transgression we would have known by now.

Sharprite
You state facts, so much more valuable than opinions, such as the poster who only last Friday compared them favourably to bank stocks.
At this price the shares, imho, are effectively option money, such is the lack of confidence that MARS currently inspires, & Mr Market tends to be right generally.
Nevertheless there is a chance that, Micawber like, something might turn up, but although options can be very profitable if something "does turn up" at present are certainly not the sort of stock to buy for widows & orphans.

I am the same as you 3, but I only got high 160's on the morning of the rns, but very pleased I did.
I was astonished at all the keyboard warriors in the week or so after that debacle saying how cheap it was, how can it be cheap when management assure the world the divi is safe in November & early Jan they can it ?!
Don't see much of those warriors on this board now, I do think this business has been run into the ground by the managemnt & best avoided until they really get to grips with things.

Quickdip
After seeing the numbers on Spoons today I can understand why you jumped.
Who is going to buy all these pubs ?

Rudolph
I am also a JIM customer and have always had a very good opinion on them as a company to use, likrwise I have been a holder for rather a long time.
Where I kick myself is that I prevaricated about selling the lot at £3, still you can't look back and with base rate up again my guess is we could have a pleasant surprise in our interest recovered from customer deposits.