RE: price still has good potential legs to move north5 Jun 2020 13:33
well lets look at the numbers and landscape.
Firstly, the pubs under Marstons are "safe" compared to other free-holders, and Marston cash flow required to put in place the C19 precautions and other factors to ensure they can open and run sooner and wider.
Secondly, now they have merged with Carlsberg you will see less competition between those 2 brands, and consolidation of costs, these means better profit margins and strength in the market. Also more access to international markets to sell alcohol in supermarkets etc... and also exporting the marston brand and pubs to other regional locations.
thirdly if you look at the share price it was at its lowest in the 90's region and very stable for a long time prior to C19, as such getting to this point by the end of the summer is easily capable. (of course no guarantee DYOR). And by the later part of the year can push much higher.
fourthly, yeah as anticipated the pubs will re-open soon, looking at what the brewers are saying and other sources in the next few weeks, this is only a small amount of time to wait.
Even i the pubs ae slow, people are still going to buy alcohol for home and outdoor usage. the summer is only just starting and britain wants to party.