Trading Update23 Jun 2023 10:27
There's negative sentiment at the moment and the current share price is based on (historic) information that is readily available. I think that the trading update next month is the key info that will determine the direction over the medium term. Personally, I think that there will be a good revenue number and hope that the other numbers are encouraging too. That's based on the results from other relevant companies and how I see Marstons performing within the sector (including the small sample of local pubs). I'm holding until at least that date to see if the sentiment changes after the update - hopefully people will share my view and push the price up a bit before then! If the update is negative, I'll be taking a loss and getting out. I see it as the potential turning point for the share price.