Member Info for fairdealer20

Nate others will form an opinion, I have mine. The company have announced Customers are taking material for trials and importantly following approval in February, the EU and UK are to trial the use as a Fire ******ant. In the UK this is a significant development which given Building issues will be a huge market.
Have you sold out higher and want to get back in lower?
If you want to use this stock as a Casino then you should know the risks.

GLA

Framelie,

Those who continually predict Higher and Lower SP, are emotionally involved.
Play your Cards Right have a vacancy!!!

SHAPERITE

I have searched the agreement and it sant in regards repairing leases and no mention of the 40 sub standard pubs. It would appear the original consideration ( 23rd Dec) was not amended when the deal was completed.
If you have followed events there are certain events to keep in mind.
Ralph has made some strange agreements.
Sells a bunch of Pubs to Admiral at a knock down price.
The deal with Brains was hastily completed, curiously just as Platinum were showing interest.
Once the Brain's deal was completed, immediately Brain's Chairman resigned and not many after Ralph announced his departure.
You are right Shareholders are entitled to know what is going on. When the deal with Brains was announced on 23rd December we were told full details of the management agreement would be published before the deal completed.

SHAPERITE

Marstons and Brains signed contracts on 23rd December. Marstons were to lease/manage 156 pubs. When the deal completed in early Feb the numbers of Pubs had decreased to 116, 40 were considered below par.

This signifies a deal was done when the Brains Estate had not been surveyed. In other words RF bought a pig in a poke.
I challenge anyone to discover details of the agreement. Does the agreement come with a repairing lease?

What is known Brains were payed 6 months up front. It is known Brains were having financial problems to the point they may have collapsed. So Trent is right, had RF been a little more careful, a better deal could have been made.

Nate-Pi yesterday you claimed to not being a de-ramper...with a post like this you could fool me.

Barchid, Trent,

In the lost post I did compare the service and meal provision of Marstons and Premier Inn ( Beefeater)

Remember I was looking at it from a Customer's point of view.
Too within a penny or 2, breakfast costs were similar. Both meals were well cooked and presented. The Beefeater breakfast was more generous than Marstons which was meagre and not substantial. Both were Full English ( Marstons could be called 1/2 English)
Value was best at Beefeater.
Value and cost controls is good for Marstons Shareholders, but unless meal content is addressed, some customers may prefer other providers.
Staffing in both venues is clearly an issue, which makes one wonder how the hospitality sector is going to serve the expected demand this summer.. Considering my visits were over the weekend when occupancy was higher staff numbers were in the case of Marstons, where staff were predomanently younger, were run off their feet. At Beefeater staff were rather more mature and better organised.
How all venues are going to cope once the peak of holiday season arrives must be a concern to all Hospitality venues. It does seem many of the cheaper employees ( Eastern European) have disappeared which is leaving a large void for managers. This is where Management Organisational skills will come to the fore.
From what I have seen Marstons need to be more active in identifying weaknesses within individual venues, something which should have been addressed during lockdown. It may have been, but is not apparent now re-opening has occured.

barchid, Trent,

Returned last night from another trip and used both Marstons (Friday) and Premier Inn(Saturday)
On a scale of 1-10 would give Premier 8 and Marstons 6.
Briefly occupancy at both who are on Tourist Routes, was 50% Marstons and 90% Premier. I based this assessment on car park use.

Did complete a comparable report last night but disappeared before posting. Do'nt have time to repeat now.

Is'nt the 0.16p div, separate to the Special Dividend?

Exploration is correct. For those of us who have been exceedingly patient the cash burn on salaries must be a concern.
It is also right to state comparables across AIM, especially in Non Profit producing companies, on CEO remunerations puts Deltic on par. However this should not happen and only astute Accountant CEO's could get away with it. Snouts in troughs and all that. still scandalous.

As always Jimster, No Substance, even the elusive assumptions are a mystery. Bet your shrink has fun trying to unravel your algorythms.
Confucius say Arrogance makes Stupidity.

Hope your chickens come home to roost, assuming they are not shot first!!!

Jimster, thanks for the rather uncomprehendable reply. It should be a requirement to post, " a subscriber is mathematically literate". Do you agree?

Can we take it you consider cash-burn is responsible for the missing £140m. Hell considering the 1/2 yr accounts disclosed the loss and using your view, the company has been burning cash at the rate of circa £10m/week. Using your analogy, the company is in deeper trouble than anyone knows. Please do not become an Accountant as your clients will end up in Carey Street. Did you find that amusing?
Your agenda is crystal clear and unlike the many LTH who want to see consistent growth and reduction of debt to enable a return to the dividend list. Johnie come lately's are 2 a penny on these boards . They shuffle numbers in an obscure way only a bent croupier could understand.
Seems the board has lost one super-ramper only to gain another.

Never gamble more than you are prepared to lose.
Hope this helps otherwise return to the abacus as numbers appear to confuse you.

Reading posts the last few days was beginning to think John Cleese was penning another episode of Fawlty Towers. Newbie, Jimster, seems uncertain what opinions to give for his stocks. One minute " No Opinion" next " strong buy".

Enough of the hilarity although this could be a riddle. Jimster as a student of Marston's accounts can you solve this one?
The company recieved £ 235m from Carlsberg last October and yet debt has only reduced by £95m. Where do you think the remainder has gone?
CMBC have now been in operation more than 7 months, when can we expect an interim report? This would give us a real handle on how Brewery Sales have held up/are recovering. Any ideas?

Suspect some will regret as any dip will not be that great. Now we are involved with RR this has got a long way to go.
GLA

You need to be an MM to understand price movements. They tend to have an agenda.

Milcait, wait for the de-rampers who have missed the boat.

Being an eternal optimist cannot ignore reality. Hospitality Leaders state the further month of control will cost the Industry £2billion in lost income.
The SP will rise eventually, but from what base?

Longlad, Patience will be rewarded......eventually!!, or the Accountants run out of marbles.

Oldfortyniner, understand and agree your sentiment, however money talks. By way of example, how many would reject say a SP of £5?

London, the moment has gone. Cannot see the Board wishing to look foolish having embarked on a Mission with Brains, which basically scuppered any further negotiations with Platinum. Besides MARS would be in a vulnerable position, never a good negotiating position. If Platinum were to revisit that could be a different situation. I think that is unlikely ,but anything is possible.
Ego's have played a big part in how events emerged. It is clear RF was hell-bent to increase the PUB portfolio and Brain's weakness presented an opportunity. Regrettably, it seems the percieved benefit to come from the Welsh investment, was not fully evaluated as the speed of completion testifies.

Basscadet, being and have been in several SME's who are/ have developed new technologies. Some have been over ambitious and gone broke. So understand your reservations, however here is a company who are mining and developing a mineral, graphite, whose potential uses have been known for several years. I am surprised it has taken so long for companies to come forward to produce and develope and therefore have evry confidence in this company going forward.
I think China have already got leverage and could well take us over, at the right price of course.