‘Sir Tim’8 Nov 2018 23:17
Some platform and yes a great businessman, but what a load of tosh you talk ‘Sir Tim’ - if only you'd just kept the RNS to your business.
The reason your business is doing ok is because you buy bulk beer at rock bottom prices and then sell at rock Bottom prices making all your suppliers poorer, meaning they pay less tax, while also undercutting and putting the other local independent pubs out of business – so if your only 5% up on profits (inflation considered) your underperforming as well as damaging our economy and local communities
Your customers at your pubs, well they are mostly the people who voted ‘out’ for the great British empire strikes back Brexit fantasy, in the meantime spending their giros and pensions before popping out for a fag.
So I don’t doubt your RNS appeals to your customers, but they won’t be holding too many JDW shares, which is a great shame as they won’t have had to suffer the 13% drop in the SP yesterday due to your rant. I wouldn’t hold JDW shares, or be seen dead drinking in your bars simply because of you – your product in itself for its purpose, is still fantastic to your particular customers and shareholders, at this particular time.
Unfortunately the reality is most Uk business (excluding yours’s my own and a few others) are being badly hit because of the weak pound (which will get weaker good deal or no deal) mostly due to the lack of available credit - most people’s cards are now maxed out after the initial post Brexit boost fuelled by the 250£ billion worth of emergency fiscal stimulus provided (July 2016) There is of course the affordable (not cheap) migrant labour shortage directly caused by Brexit currently causing chaos in the NHS and care homes. Many of these EU migrants I know and respect well (I’m salt of the earth)
Also to some extent the uncertainty - which will finally crystallise and become clear to even you ‘Sir Tim’ when we hopefully bodge the Irish border issue to find out the new penalties we will be paying ‘like it or lump’ it to still deal with the EU, never mind the 39£ billion we will still need to pay to retain credibility in the wider world we hope to take our new free market too. The reason for this of course - to continue borrowing more and more money to feed our insatiable welfare system that our grand children will never repay - at rock bottom cheap rates - in particular from China, India, the USA and the EU.
We somehow believe the UK is still, or can become once again a great powerful worldwide economy dictating terms to these huge new 21st century economies with their own vast resources and insatiable demand for home grown adjendas. They will somehow want to buy more of our foreign EU, Indian Asian and American owned car companies, steel retail energy technology and general services, presuming of course we can find a way of providing these for much les
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