Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Most pubs start advertising Christmas around august bank holiday, in the current climate I don’t know if there would be many people booking at that time - the Christmas booking/refunds part is probably not as substantial as I first insinuated.
One thing though, the small drop in SP today doesn’t seem to be related to the RNS data - the entire sector seems to be down by similar %
Fairdealer,
They sold 170 pubs in 2019 to put the money towards paying off debt, debts at 1.3 billion last year and 1.6 billion now, they already had 200 million from the JV which was already meant to have been applied to the debt
Sales to date this year are down by a large percentage - covids fault. Simple game of waiting for recovery, vaccine news is good but the timeframes?
Are pubs going to be open in tier 2 over Xmas? At what cost? Tier 2 costs nearly full overheads for a lot less than ‘usual’ trade.
Does that cashflow include any deposits taken for Christmas Day/week bookings? - will those be going ahead of the current tiers don’t change?
Although it looks positive for the future - has the JV already been priced in at 70p?
Deciphering the whole document is way beyond my capabilities- but the bits that stick out for me aren’t particularly positive I’m afraid.
I think the SP is probably about right - we are going to need the government to remove a lot of restrictions before Christmas to get any substantial trade over Christmas, there’s not much new information in this document, some confirmation on a couple of things that people would be assuming.
Cash burn at 3-4 million (was that a month or a week I can’t remember) - the tier change on the 16th needs to allow more pubs to open straight away.. 780 pubs currently closed!
I’m sure someone will do a breakdown better than I have the ability to soon.
Basically there’s meant to be news in December - and every time the oil price fluctuates everyone gets a hard-on about the SP shifting 1p
Ahh, the fluff! Good fluff! - read the financials!
Looks like I’ll get a re-entry point before Xmas!
I’m not saying you are wrong, but wondering how you came to that conclusion?
This time tomorrow - I’m guessing there will be a bit more activity on the chat?
Do we just Google for this figure or is there a specific place to check for a reliable price?
Most people in tier 3 is absolutely s***ing themselves about going into tier 2. Costs go up and the restrictions are so ridiculous that unless you are already an extremely well established food pub, you’re ****ed.
I’m guessing there’s either an angle that I’ve missed or a drop down to circa 55p after these results.
I don’t think it will stay as high as it is today.
Around the 16th the government are supposed to be announcing if there will be any change in tiers - which will only be bad news.
Barchid.
Media obsessed with scotch eggs? - you should hear that from the landlords perspectives.
Needs to do something! - I moved money from other shares to here weeks ago, the area I sold from are booming - need some good news to compensate for that!
This will go near to 70/75 soon - you heard it here first! - all credit to me pls
Cheers Yoyoma... trying to anticipate my entry point - I don’t want to be accused of deramping but if the tier system is still in place - this SP might alter
When is the end of year result due for Marstons? Hospitality SP are up across the range - I don’t think many people realise how bad this Christmas is going to be!
Exactly my point!
Once they start relending and the tv advert is on and the SP goes up - that’ll be the fun times!
Just think, these director buys - in 3 years time someone is going to be here on LSE forums looking at the director buy price of 10p and wondering how the **** the directors managed to buy the shares for that much when they are stable at much higher.
We will all be long gone by then with a nice fat profit.
Is there anything regarding this prospectus that can be read online? - where is the info that it would be released in December?