Member Info for barchid

Yes, you are correct, the management have an impressive record so one can only assume they know exactly what they are buying.

Boards
Funny you should mention that, was thinking the same myself

Theoretically what you did sounds perfectly correct, what, I wonder, was the cash generation that is spoken of as helping to pay for assets, from period end to the purchase date & also perhaps some deferred revenue was brought into play?
Broadly speaking though I guess you are correct but the accounts are not as clear as some.
It might be worth an email to the company secretary or the FD ?

FD
Under the circumstances you have been very polite.
Perhaps Elon might like to serve Marstons in his staff canteens, but being a Saffer he probably prefers Castle.

@Edwards
Absolutely agree but wouldn't it be even nicer if this board only contained views on Marstons rather than personal animosities played out to the tune of number of shares, type of car etc ?
Honestly who cares?
We (nearly) all use this board to gain knowledge of our investments, which in these trying times is important, rather than a facile attempt to flash the cash.

Quite !
So far so good & keeping to plan....

@Richie
I saw this at lunchtime re Dimensional ?
My take is that until 18 Sep they had just over 5% of Marstons but now control just under 5%.
Oddly enough the FT, which is normally reliable on large holdings, does not even mention them as a significant (declarable) holder.
They have something like $600bln under management from memory so are not pixies !
I didn't bother to tag it up on the board as our super ramper was going into ecstasy over a 2P uptick, did not wish to upset his day.....

@Truro
Where did you see this bank debt ?
I missed that but I re-read the RNS and could not see it in the figures that was quoting at time of agreed deal.
If so then not so good at all, surely ?

Pretty impressive results considering the headwinds of the last 2 months in their reporting period, pleased to have been a long term holder of this stock.

@Super-ramper
I am fascinated why you seem to think that anyone who dares to express even a slightly different opinion to your own is a "day trading shorter" ? Many of us have exchanged differing views which is surely the point of these boards, to evaluate different opinions to be better informed, anyone who thinks that puffing a stock up constantly on the LSE board in the hope it might make the price rise is clearly deluded.
The only "once second richest man in the world" I can think of who made comments on stock markets strategies is Warren Buffett. He also once said "forecasts may tell you a great deal about the forecaster, they tell you nothing about the future".
Go figure.

Tipped this weekend by Motley Fool, never normally a good sign imho.
But perhaps they called it right on this one ?

@do8erman
If LTI's pet hate is "going forward" he should be quite chirpy today as they are now "going backward".
Apologies for the gallows humour but I couldn't resist it......

@boards
Indeed !
Could this new found transluscent transparency possibly have something to do with executive options expiry I wonder ?

I note with pleasure but some bemusement that this SP has continued to be stronger all this week !

Encouraging update today on their life science holdings, about time we had some good news !

@Rivaldo
Delighted to have had a reply at last !
Well done on the 50p buys, they are worthy of your posting name.
I can not claim to have bought as low as that but I was out in the mid £20's largely due, I recall, to reading a report indicating the 2018 change of management seemed to be an amber light. So yes, I was lucky, but I have felt for a good while that this stock was behaving like a tub of lard.
As I said in my recent post at 262.5 there is much more chance of making money at that level, especially with the old boss back in the saddle, but I still also believe that running a crowd control business when your biggest customers are just reopening after a long closure and with (some of) the public often nervous of being in crowds, is a pretty tough gig.
Everything has its price however & I truly suspect this might be it, although I doubt its ability to rise very far into double figures for some time yet, especially with the lack of air transport, global tourism is likely to see some permanent changes.

@Fiona
A very informative & helpful post, as usual, totally agree, especially your last paragraph.
Thanks for raising the level of discourse on this board.

Supercharger
In this matter I agree with you, it is by no means cut & dried as to who will receive payment nor when.
The fact that the judgement was 162 pages long means that there is plenty left for insurers to argue about, odds on that it goes to appeal, then I suppose possibly Supreme Court ?
Some people will certainly benefit but when & by how much is the moot point

Which makes me wonder why you are interested in this VC stock, given it is a pommie company ?

Not sure how relevant is Admiral Donitz ?
But I would put Puusers rum, still made in the BVI, over Schnapps any day old Kraut....