Member Info for Clarkcp

Forex, how low do you think these could go? I set myself an exit target of £8, but look at the panic for the exit with EZJ and their placing was £7.04 with only around 5% of shares. 20% of JDW was at £9. Be interesting what you think fair value of these are?

Peltata, I agree the cost of fixing, altering the app is pennies for a company this size. I'm waiting till Monday to see if app is working. If not, very worrying me think.

If you look back at my post's weeks back when people were saying Warren B had made a big mistake I mentioned his trades in the 2008 banking crisis. I moved into cash 3 weeks ago I have only 2 positions now, short JDW and long BOO. Peeps please be careful this is the lul before the storm and if your the wrong side of this it will get ugly. GLA I love to see the PI beat the fund manager, we have size to our advantage

Personally my view is this, Tim is not prepared to spend money getting the app updated cause the trade doesn't warrant it for 4 weeks earnings. Which means trade must be dismal.

Have just heard that there is a problem with the eat out to help out being available on the app. Customers will have to order at the bar to get the discount. Wonder if other places are having the same problems or whether JDW can get it fixed in time. I wouldn't be calling Mat Han**** though to sort the app out.

Even if a vaccine was out tomorrow I can't see this recovering for a long time. Share was diluted by 20% business model is based on high volumes. I just can't see his pubs being full again for a very long time

This will go the same way as Addids, VW etc. Buy and hold for easy profit. Ignore day to day movements, it's not like this is Wirecard (hopefully not)

https://amp-theguardian-com.cdn.ampproject.org/v/s/amp.theguardian.com/business/2020/jul/17/england-yet-to-embrace-reopened-restaurants-and-pubs-data-suggests-sales-coronavirus?amp_js_v=a3&_gsa=1&usqp=mq331AQIKAGwASDYAQE%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.theguardian.com%2Fbusiness%2F2020%2Fjul%2F17%2Fengland-yet-to-embrace-reopened-restaurants-and-pubs-data-suggests-sales-coronavirus

Not looking too good :(

Totally agree forex, I've just gone long cause I can see a bounce coming but still have long term short running along side. The man has taken £5 million off the table after he saw the first weeks takings!

Insignificant in terms of his holding but not a great signal to be giving out. Sold at £9.84. At least he made a profit on the ones he picked up a few weeks ago in the placing.

Tim Martin just sold £5m of shares, now there's a vote of confidence!

Tim was hoping for a VAT cut on alcohol, clear down trend on the chart now.

MAB have taken a right bashing today, I think JDW will follow suit shortly, the 20% of holders at £9 will be getting twitchy

Have opened a straddle on these once shorts start to close this should rocket, question is how low will it go first?

There has been a large spread on the SP at times over the past ten days or so. Think there could be a few sellers out there from the placing banking some profits.

Wyndrum agree with you RNS sounds very cautious to me, no beating of the drums. These will surprise in the future I think a solid long term hold. Have been buying these and tucking away in a SIPP can't see any reason to sell.

Forex totally agree with you, JDW is high volume low margin compared to other operators. Tim said he expected a reduction in trade of 15% upon opening, I think he's got that way wrong

Dean,

I take in your points and I hope for all our sakes you are correct. Governments around the world have been printing money, hence why markets are up but sooner or later reality will hit. I believe the real warning signs are there now. INTU has collapsed, both INTU and Hamnerson could only collect around 15% of rent due. Hammersons are trading at a discount of 85% to NAV. How come at such a discount no one will touch it? There is so much debt out there being passed around and governments are printing money so that the music doesn't stop playing.

I wish you well with your investment here, I do agree though the company appears to be well run and will definitely be much more cost effective, the big question is how long will it take until the demand is there to enable the company to turn positive and start to grow again

Im sorry guys but I'm standing next to Warren Buffet on this one. I agree there will always be planes in the air but problem will be 100s k job losses, houses dropping in value. Local lockdowns and I believe the EU will block UK travellers eventually due to our infection rate and also Brexit arguments. Long term yes eventually price will recover but why not look at another sector? Airlines are already saying you'll have to wait 3 plus years for recovery. Good luck to all holders and I hope you make a million but be careful not to lose your shirt chasing this sector.

Maddmax, Im afraid I have to agree with you. I believe all you have to do is look at Boeing in the US to get a barometer on the airline industry. If they are predicting doom and gloom then I believe it wont be any different to the likes of EZJ, DART, TUI etc. All these I think will show a classic inverted V. Im looking at the pubs at the moment like JDW, think these will go the same as the airlines. News is out, pubs to open, but the trade will not be the same and costs will be high. The governments are printing money to keep the markets from falling but once companies start reporting reality will hit. Only thing that I can see that will solve all this is a vaccine and we have been told this wont arrive till next year. What makes me laugh is all the Robinhood clients in the US who think this is an easy game to make money.