Member Info for Daave

@Franky - So we wanted that RNS 48 hours ago!

Will Boris follow?

Marstons are replacing full barrels of keg and cask products if they go out of date during the lockdowns.. which is nice of them!

I don’t have any Estrella but I’m sure many many pubs will have some to exchange!

If it ever gets to 10p again it’ll be good to go to £1??

Lol If this goes to £1 before I sell.. I’ll buy everyone who I’ve ever interacted with on this message board a nice bottle of wine.

Seriously though!!

Another share I’m following but not invested in has gone up 25% in the last 2 days!!

Amigo is down down down down

I might sell half on opening tomorrow and put the rest on a limit sell for 10-11p probably break even from that if it goes back up.

This was originally a short term investment for me - weeks are turning into months and months are turning into quarters!!

Toilet roll? Really?

So Marstons sold 200 pubs in the last 18 months, then buy 200 pubs from somewhere else..

And people think they will use these ‘additional pubs’ to demand a discount on stock?

Do you reckon those suppliers/companies upped their prices when the volume went down in February 2020 on completion of the sale of the 200 pubs that went to admiral taverns/Hawthorn leisure?

The additional buying power would be marginal at best and wiped out ten times over by the legal fees involved in incorporating the venues!

Not to mention that they are probably tenanted pubs which probably don’t use Marstons suppliers!

Must’ve missed the bit where they are adding a tier, and the press rumours of tiers being changed and everyone going up one?

@Ccjocky

What do you anticipate for the future of the tier system though? - at the end of the first lockdown there were far less restrictions?

85p on 01/04/21

Prospectus kicked us 10% down, what do the other two do to us?

No mention in here but I just got a corporate action request?!

Please tell me fugu got his buy - I’m sick of him begging for a <20p entry!

I didn’t look at my phone for a day and now we are down another 5%

How did this go down 10% with no news?!

The furlough scheme looks after the staff (and anyone who is running as a LTD company as employees)

But, the costs of the overheads is not met by the government’s grants, pub companies are charging reduced rents on many pubs

The lower rent and the grants do not cover the costs of running my (relatively small) pub even when closed, I am now subsidising the costs from my personal savings.

The self employed grants that anyone self employed can claim do not apply to many pub landlords who have been in business less than a couple of years.

I have been in the cellar today checking the dates on the barrels I have.. most are ok till the end of February - if we get close to that date and I have to tip it all away - there’s thousands of pounds of stock. I’ve lost about £2000 worth already

I’m in a position where I can ride this out for a while, there are a hell of a lot of pubs that will not survive

Big pub chains could be in a totally different position, but I doubt it

I’m in tier 3 - people in tier 2 are reporting higher operating costs and unpredictable levels of trade. The country is crying out for reductions in tier but I’m praying they don’t put us down to 2.

All my staff who are on furlough have wage slips that say they are on furlough..

Could it be as simple as apply for a loan, get asked for a wage slip, get turned down because on furlough?

I totally forgot! - quite irresponsible if you take my share position into consideration.

December is nearly over! - Most offices shut the Friday before Xmas.. which is this week!

Did you see AirBnB last week?!

T2 information shows 9.46 vs 9.99 on the order book

Last night it went to 9.97 - there must have been a sale then at that price, on opening today it seems to have left that Spread..

If a Couple of sales go through live then it will get things going.

Same thing happened one day last week and it just sat here in black writing for an hour.

30p is not warranted - a slight to moderate drop to around 55p is probably more likely.. but all of the news from the RNS yesterday was nearly factored in as it was not unexpected.

Vaccine and a reasonable Christmas should keep the SP fairly steady.