Member Info for barchid

Trent
I had noticed he had tried to be bearish to us on the price, hence my mention of Mensa, people who try to bull s h one t who give that impression are invariably Denser !
Our superior poster is so clever he can buy at the days low trade (a sale) of 50.95p.
Clearly he picks up his peculiar bull merde by rubbing shoulders with frogs, such a shame he can not engage with the rest of us due to his super hi IQ ?

A
Stating the obvious which is so obvious that everyone saw this coming ?
Clearly you are rether too clever for this forum, so I wonder why you need the plan of people who "sit there pathetically", always a pleasure to hear from someone from Mensa....

I've heard of "pump & ramp" but you have perfected "ramp & dump".
Congratulations and enjoy the frogs

Trent
Or Nicholas Trench ?

Try i-web (halifax bank) £5 a trade no periodic fees or Jarvis x-o, £5.95 a trade.
Both are simple, reliable platforms

Trent & Fairdealer
Marstons written up in Times today as a high yielder

Fairdealer
Board has complete discretion as to what & when to pay a dividend, they would usually need a GM if they wished not to pay a divi which was already announced, a very rare occurence, but MARS has only recenrly paid their final.
You are 100% correct in saying that they could easily make a case for reducing (or even passing ?) a dividend, especially when only recently they sold a string of premises at a significant discount to book value.

Trent
The drop in the share price thus giving an historic dividend yield of 10% shows some scepticism by investors that the current divi won't be maintained, nothing more, nothing less.
In the present situation that is a reasonable assumption, trouble is these things can be self fulfilling.
A divi is entirely at the discretion of the board and my guess is that any consumer facing business can point to the C word and blame the virus for their decision.
Once cut it often takes a long time to be reinstated at the previous level, if they are minded to save money this is the perfect excuse, the usual phrase is to go to a progressive divi, ie a specified % of free cash flow, or whichever yard stick they choose to use.
Choppy times eh ?

Lurka
Correct, but only if they maintain the divi !
If you were on the board would you ?

Trent
Not knowing how "to wipe their backsides" is a tad harsh when the same people are probably fighting over the last pack of bogrolls ? !

Gaspunter
Spot on, a shocking waste of what had been a really good name, & Dampier, the professional Woodford apologist is still on the board.
I wonder if they know that Kennedy's dead yet?
Seems like the HL board exist in a private time warp to me.

Boards
Indeed but if enjoying one of their cruises hopefully we do not have to share with "Gorilla in the Room"....

Boards
You are correct but it is, I think, a very small holding because I don't see it in their named holdings in the July 2019 preliminary results, nor do I see it mentioned as a new holding, which presumably means that it is part of "other holdings" in the prelims, which all together total only £430K.
It certainly shows on their website but I can't find any other info on it, can you ?

Appleby
A good call of yours last week, and Mars is down much less than most!
Weird markets, to say the least .

fairdealer
And you may well be correct !

Trent
No worries my end, TBH I am astonished as to how this virus is being pumped up by tabloids , "doctor says it is the most frightening diasese he's ever encountered" (todays D Mail), the BBC who need something else to hyperventilate over now Brexit is rather passe have jumped on the bandwagon plus a multitude of "experts" all pontificating.
At some point it will all die down (no pun intended) and the Mail will be back to Love Island and the Beeb to worry about their licence fee, meanwhile we have to put up with choppy markets and read stories about bog rolls being in short supply.
Enjoy your hobgoblin while watching England/Wales....

No apologies please, I'm still laughing at it since my dinner digested....

Boards
That was so gross !!
I saw it after eating this evening, unreal.
A great post though....

Gents
For ease of reference it is the RNS dated 4 November.
There are of course legitimate reasons to take a loss against book, but it is the only benchmark that we PI's have to measure their valuations, hence my pointing it out

And oddly enough that meets with a stony silence from our MM & stock puffer extraordinaire !