Member Info for fairdealer20

Not aware of an end date.

A lot could happen to your investment in the next 10 years.

Best of luck

"not been forthcoming"

The scenario you paint could have merit, except the linkage that exists with Carlsberg ( Marstons or it's successor must retain 50% of the Pubs when CMBC came into being). That will be a formidable obstacle for any predator and probably explains why an offer has been forthcoming.

Doubtful British banks and BNP Paribas will agree debt transfer

Interpath, the Administrators, are selling off assets. Funds achieved are being returned to Creditors ( Oxford Finance predominantly).

Interpath were appointed by OF, so have no responsibilty towards Shareholders.

So far as I can establish, Interpath are yet to aply for a Winding Up order. The matter could therefore drag on for many months.

In short, shareholders are left with noting ( shares are worthless).

Given the Administration and De-listing of the shares it is worth establishing a Capital Loss. Best to get an Accountant's opinion as I will.

Wait for the Fire service/Police report!

Carlsberg have concentrated on production (Brewing) and not so interested in Pub Ownership.

The 60% ownership relates purely to the Brewery Company ( CMBC). It is highly likely they ( Carlsberg) will eventually own the 40% of the Brewery, retained by Marstons.

The loss of an Iconic Pub ( Crooked House) is very sad. Apart from the recent sale, Marstons had completed a big renovation earlier this year....new roof etc.

Macq the basic problem is debt and now another Bank rate increase which will relay to the floating charges attached to some of the Loans.

Would;nt it be lovely to get the 180p some bright sparks were pushing a few days ago. Anyone who believes such tripe needs to see a doctor.

As far as take=over is concerned, MARS is shackled to Carlsberg, which any predator will be aware.

Probable reason for suspension etc. " the Auditors raised concerns regarding "going concern". The Board are content that should funds be required, there would be no problem.

There needs to be a very quick resolution to whatever data needs qualification. Any delay will damage the company's management credibilty and ultimately the SP

Whatever the reasons behind suspension, never a good thing, SP after return from suspension will be interesting.

A long suspension will not be good news.

AIMO

Don't agree. Look at other company's in the sector. How many are at or just above historic lows?

Giant.... you may be a trader looking for a quick buck, the fact remains, scepticism does exist amongst seasoned/experienced investors who would be licking their lips too achieve a 200-300% increase.

A Asset-stripper would see the enormous potential here, if the figures ( assets and liablities) are to be relied upon.

The question remains, if as you assert the SP is at the bottom, are VC's not plunging in?

Clearly the Market is sceptical about the NAV. There are many Venture Capitalists who would jump at a potential doubling even trebling of their investment.

The question is why are they not taking this opportunity ?

There is a raft of reasons. Can the estate valuation be relied upon? Remember prior to Covid, the BOD conducted it's own in-house valuation which subsequently had to be downgraded. Last year saw, for the first time, external valuation of 1/3 of the estate. A realistic guide to valuation will be shown when the draft of PUBs with Christie's, are sold.

Any valuation regarding the 40% share of CMBC is academic as there is only one buyer. Carlsberg call the shots!!

Giant... I came here almost 6 years ago. The dividend was quite an attraction.Reduced my holding when the Div was cut.

It is everyone's perogative to take on board or ignore factual information posted. Some posts, including mine, may come across as negative...so be it. Everyone is capable of undertaking proper research ( which any Investor should undertake as a matter of course).

If anyone wishes to dispute posted facts, please say so,. Avoid painting a gloss on how undervalued the company, when the market, what ever anyone says, does know best. Anyone who disagrees, now is the time to fill your boots.

I wish you well

Shaperite, very regretably I concur with your final sentence.

The seeds for the company's present position were sown sometime ago.

The offer from Platinum, which was finally at 107p was not communicated until over 1 month after was placed on the table. SH's were not given an opportunity to give an opinion, RF was too busy helping Brain's out of almost certain Liquidation. The Brains estate was so hastily agreed that proper surveys of the Welsh Pubs was not undertaken, consequently before completion, a number of Brain's Pubs were found to be sub-standard and were ommitted from the deal.

The following assets sales creep should make it obvious how parlous finances have become.

The basic problem with the SP, investors do not trust the Valuation. Those who have followed the financial history will know any company renegeing on loan repayments are at the mercy of Lenders, The latest waiver agreement(31st March) has IMO, put the company in a arm lock. Loans are now subject to floating rates, which as the market knows are increasing. The increase in proposed asset sales to £60million, should alert investors. I suggest lenders are putting the thrumb screws on and want some hefty reductions of Loans.

Company's will only give news in a rosy fashion until they have No choice.

It should be obvious, once you dig down and use a little vision, why are investors not filling their boots at such a heavily discounted value?

Cuckoo the event to which you refer is well documented and I for one was very displeased with the allocation as I was when the previous Funding was raised and ordinary PI's were prevented from inclusion.

Your previous post stated Spencer and Sneller have or could be payed out, which is different to preferential share allocation. It is a mute point Shares even at an enhanced value, is equal to cash.

Defamation on a Public Website is identifiable by the Orginator's IP address which the Publisher records.

It must be a phase of the moon as the lunes have emerged with their nonsense and snitching.

Noel I have no intention of continuing a debate with a totally worthless self confessed hypocrite who glories in obsfuscation, abuse and pure deceit.

Have a good day

Prat-face Noel emerges from his cot.

You know nothing as you clearly demonstrate by your lack of knowledge of Libel matters. Let me just fill you in numbskull.

A website provider, as a publisher of Posts, is legally responsible for any deflamatory posts. The matter to which you refer adnauseum, was refered to LSE's Management.

Get back to snitching which tells everything about a self appointed Chartist, which you certainly are not. Dimwit.

Cuckoo I have been here slightly less than you and have seen some questionable actions. If as you suggest a fiduciary relationship exists between the company and named individuals, that relationship would need to be flagged up by Auditors.

Do you know if such a notification exists?