Member Info for Clarkcp

Have closed short on these, looks like this is looking for £12 good luck all.

Lucky hope you don't lose on this one. I'm short JDW and long MAB. Better volume today, looking at the US today seems like there is a rotation starting into cyclicals. I hope so cause I've been buying these except airlines.

Well well well this keeps moving up. Will it get to £11?

Here is the latest I've been told. Apparently Tim does not want any decorations up this xmas in the pubs cause he doesn't want to pay wages for someone to hang baubles. Don't know if there is anyone out there who can confirm this rumour. I can just imagine Tim sat there by the fire counting his £5m share sale. Next the heating in the pubs will be off...

I like the analogy of the Titanic but I was thinking more Hindenburg

Forex he has a large number of staff on zero hours contracts. Once furlough ends these will be the ones left high and dry. Wages is the quickest way to cut costs. So come November there could be more bad publicity with the way he treats staff and those experienced staff on zero hours will be forced to leave. I'll put money on the fact that he is forced to raise prices too which is a dangerous game to play with his target market.

The big question here is how long can JDW continue servicing the debt before more funds are needed? Profits are needed to pay the interest and by all accounts there will be none for the next 6 months at least. This all depends on how long the banks will hold off. MAB kept getting waivers so I assume the banks will do the same for JDW?

£825 mil debt not to be sniffed at with "subdued sales" forecast.

Forex I'm 100% sure you'll be proved right. Once eat out to help out stops the boiler house will explode on this one.

See Tim's in the papers again making friends

Triumph I agree but the one thing city centre pubs need to survive is for people to go back to work. The UK is lagging behind on this with so many workers not going into offices. Not only pubs being affected by this, retail as well.

Makes me laugh though why would pubs need to close for kids to go to school? Mac Donald's, burger king and the local chippy maybe.

Back of a fag packet calculation. £18 high minus 20 % dilution = £14.40. 50% drop in profit = £7.20 sp. Don't forget £18 was based on growth. Be interesting where this goes. Good luck to all.

Back of a fag packet calculation £18 high less 20% dilution = £14.40. 50% drop in profit = £7.20 share price. Don't forget £18 was based on growth. I might be completely wrong but think £7.20 is over valued?

Well well well was not expecting such a rise. Got my fingers burnt on the last position I opened. I have heard that turnover in some pubs is around 40 to 50 % of last year, don't know how true it is though

I've just added to my short position today on this bounce. Apparently the spoons in Leicester is opening tomorrow for the first time. Max capacity in pub was 680 now reduced to 180 as no standing and fewer tables. Can't see how this can make money on those numbers throughout the business.

Very true lucky but this is getting close to the upper trend line in the downward trend if that makes sense. Finger ready if it breaks out.

Looks like it's moving up on low volume, could fall down just as quickly

Just found out app has now been amended so eat out to help out will be available via the app

Forex I think sept results could bring a shock to the market, after all the last prediction given by the company was a reduction in sales of 15%.

Peltata, I have family that work for JDW unfortunately the pub they work at is still not open so I don't know how the trade has been. I have been privy to the communications sent during this pandemic hence my comments on the app and all I can say is the way they treat their employees is disgusting, just look at Tims video. These people on the front line are the reason this company is still in business but Tim seems to think he's doing them a favour. I know he has looked after his pub managers and just treats the rest of the workforce as a disposable commodity