Member Info for fairdealer20

Trent afraid as time goes by the closure of Public places, Beerhouses included, becomes more real and yes the implications are manifest. As I stated a couple of days ago the market has some way to fall yet and possibly the best strategy is to sit on your hands for a while yet...I am. Over time I have seen a few of these dramatic market falls which ultimately does end and market growth returns. It is the calm investors who are quietly waiting even though this is a somewhat more dramatic Market meltdown than seen for many a year. A recovery will happen but could take a couple of years to restore confidence.
I suspect the ones being hurt most apart from LTH who rely on dividend income, are the Traders who must be in serious trouble. You only have to read these boards to recognise who they are......their anger and fury is palpable.

Barchid, it is now being openly pronounced Shell amongst others will reduce dividends basicly on the back of the significant Oil price reduction. Many believe Saudi Arabia will keep oil below $40 for some time yet. Whereas this may benefit energy consumers, overall it does very little to sustain highly geared company's.
As you state Debt and it's management, is going to be an anormous issue for many Company's in a few months time. It could prove to be a Millstone around the neck where MARS is concerned. Being realistic, knowing it will not be popular, a reduction of dividend here becomes more certain as each day goes by. It is one of the instruments which will allow Marstons to get through these troubled times. They may need to consider other asset disposals to reduce debt significantly.

AIMO

Barchid, Trent, not wishing to throw a spanner in the works, a predator may already be accumulating stock through a 3rd party and with a falling SP, do you believe , once a Holding as passed the arbitrary offer level, a Buyer will offer remaining Shareholders anywhere near the SP price many are averaged at?
If the scenario predicted were to materialise, there are a number of options a Bidder could adopt including getting the BOD on board ( sorry for the pun).
I am not sure a Takeover in the current climate would serve patient PI's well!!

I have certainly rattled your cage Amtech . not the reaction of a calm rational thinker.

To contend unsubstantiated statements are beyond question is arrogant.
Maybe the current market has severely dented your liquidity?

Trent good you are pleased with the Stagecoach purchase. Personally I believe this market as a way to fall yet and am sitting on my hands for the moment.

Incidentally, apart from No Toilet rolls, Andrex and all, No Baked beans, and not one bottle of Hobgoblin Gold so had to take Spitfire in stead. Not a bad beer but not as good as HG.

SP is virtually 25% below declared NAV, which should give comfort to most even allowing for an Estate revaluation as some appear to indicate an Over-valuation exists!!

chorne, you make some reasonable points, however following the 2008 Banking crisis , wouldn't Lenders require accurate periodic valuations of the Estate?

Do you know the difference between argument and debate, as the Doomsayer would say?

Best to keep your mouth shut if unable to substantiate statements posted and don't lose your cool.

Has today's news and rise upset the strategy?

...and why don't you confirm what you have stated and not half truths.

Amtech, come come, whose whingeing? Not me, you mentioned..……

" So tell me this , why did certain posters on here claim Clnr had £15m still in the bank 8 months after raising it?"

Are you afraid to state the Posters name, if so have the temerity to withdraw.

Nowt see queer as Folk is right.
Are you suffering from snow-blindness?

This Virus is going to spread one way or another, so not visiting pubs will only delay the inevitable. The only thing it may achieve is the approval of a Vaccine and even then the demand for that will be mind-blowing.

Thought for the day...….The Chinese have tried several Population control methods, is this yet another???

On 6th March I suggested 13.5-14 mill, which was only K200 adrift and I don't work in CLNR finance section.

Name the poster who stated 15m and they can answer you?

Amtech you really are the Clown's Clown.

You are a Master of Obscuration, 2nd only too the doomsayer whose activities on ADVFN no know bounds.
Is there a degree in Obscration?

Argumentative......eh, let's see, coming from a poster who only days ago did not know the Company's cash position and now claims to have known weeks ago. Of course the RNS ( today) is fiction, or so Pagliacci seems to believe.
Memory loss is all yours Amtech… Wake up!!!
Did you get Frost-bite in some vital regions???

……"What’s quite clear?"

Amtech can't read!!!!

Amtech are you a left over from Fred Karno's Troupe?

Have you read the RNS which is quite clear?

Amtech are you suffering from amnesia or something worse?

Read your own posts of the 6th March where you did not know the cash position.

Being one who has questioned GS's communication skills, at least the statement confirms our Cash position, something many small oilers would be glad to see. This should silence those who have questioned the cash situation, clearly not done their homework or...……..
The market has reacted positively, let's see if the RNS , long term, gives a springboard towards a higher SP. Time will tell as will the ongoing Global events of which NO Company has any control or able to predict.

AIMO

This is the Stock Market. Seasoned investors over time have seen dramatic events, possibly not quite so bad as the one we are in the middle of, with more to come.

Cash value just above 1p

The increased Div. yield ( given the continued SP decrease) against the virtual Zero deposit rate, quite amazing cash isn't piling in here. Even id the board do adjust the div., the return would still be brilliant in current circumstances.

Trent even better news the allowance for Pubs for one year only increased from £1000 to £5000 plus the Business Tax adjustment.

Unless there is something I have missed, surprising the SP has not reacted positively