Member Info for fairdealer20

Read the JV agreement properly. It specifically states Marstons MUST retain at least 50% of their Pub Outlets. If you are unable to see the fine print suggest you consult an optician.

Let others judge who is fake. A poster who cannot find 600 pubs he claimed Marstons owned. A poster who claims Marstons are the Biggest Brewer in the UK ( actually they are 6th), or a Poster who is consistent in facts facts reported.

Anyone who listens to a blaggard who cannot answer a simple question about the Company he pretends to know all about will be lead the uninformed astray. End of.

Lord help us , CMBC will have sole rights to external distribution, not Marstons who will remain a Pub/Motel entity and are bound by the JV agreement too retain at least 50% of Pub /Beer Outlets owned/Managed at the time of Agreement Completion.
Marstons will have a 40% share of CMBC

More tosh and fake news. Anyone who knows anything about the "Beer Order" knows even tied Pubs are allowed to obtain and sell at least One beer from an outside Brewery. The concern is Carlsberg will close down this provision by claiming there beers (imported) are "Guest Beers". The CMA will adjudicate.
Incidentally Supermouth I have NO shares in Shell sold at £25 some time ago, but if you are interested at current levels they are paying a handsome dividend ( over 14%) . get some quick it will top up your meagre Pension.
As far as predicting the SP here it will have difficulty climbing above the Mid 50's whilst there is so much uncertainty within not just the Economy but the sector as a whole. At the moment MARS SP is under pinned by the last reported NAV so any talk of £1 in the near future is complete nonsense. As Warren Buffett often says " price is what you pay value is what get".
The market clearly believes the SP here is fairly priced and can only move once a number of factors are clarified. JV approval, Debt reduction plan, future trajectory for the Company after the Brewing Arm has been hived off.
At present the market does not know where Marstons are headed, much like many other companys.

Supertramp are you still pondering over the number of Pubs manged by Carlsberg in the UK., or don't you know much like the phantom Hostelries owned/managed by Marstons that you continued to publish and not validate.
Lets have your account of the number of Pubs owned/Managed by Carlsberg in the UK. If you do'nt know just keep quiet.

leas I am sure a number of micro brewers are doing ok. I know one or two. The worry is for those who rely on pub outlets such as Marstons and others. and the impact the Carlsberg/Marston venture will have on those outlets currently controlled by Marstons. Ignore the noise as some have clearly not read the JV agreement. It is a combining of Breweries and NOT just distribution as some will have you believe. The JV clearly states Marstons are obliged to retain at Least 50% of their Pub Outlets otherwise they are in breach of the Agreement. Carlsberg want that retail access and clearly would have the ability to shut out other Brewers.
Does anyone know how many Pubs Carlsberg manage in the UK? No doubt Superman has the answer.

My understanding as inferred in CAMRA representation is many independant and craft Brewers are concerned about their access to Marstons pubs will be limited even denied as Carlsberg will likely shut them out,.They ( Carlsberg) want control of Marston's pubs . The JV makes specific reference and possibly something the CMA will be looking at.

Forget it, IOG's intentions will go nowhere. Shell's intentions is Delt's bulwark

sparster, best fill your boots now and almost double your money!!!

Mike the way the SP is falling back if leaks are around, it does not look good.

I can just stick it out until Shell get active which according to todays statement seems assured.

Anyone remember the event virtually ruined the Company until the Government stepped in and basically Nationalised. Clearly recovered but as I recall exisiting Holders were all but wiped out

The big bird emerges with sand in his ears!
Oh dear should read Which....Tesla is the 2 nd least reliable brand on the market. He knows how to pick them!!!

draft you may be right and perhaps it is a softening up to get Delt at a knock-down price. There has been a lot of noise here, much reasonable some just outright arguementitive. Anyone who believes Michael Spencer and his cohorts will roll-over is in fairy land. In any agreement that is fairly agreed, he (MS) would see his holding diluted by around 50%, is that going to be acceptable without some "carrots" ?

Oil I am not the only one to have mentioned 3p some have mentioned a higher figure in propertion to the de-risked value
reported by the BOD just over 2 weeks ago.

Is the BOD being disengenuious??

Well that's interesting, Delt's major Holder will have no choice....really he will have every choice unless he has turned into a total Philanthropist. Remember our licences are on GAS bearing rock. Even though Oil has dropped Gas prices have a different pricing structure.
Lord Spenser like many of us here have been patient so far so what's the hurry. A wait for another year or so is of little consequence in the big scheme of things.
2p would be an appaling offer.

Oil thanks for the compliment!!! So MS would be deluded? His holding averages over 3p. For an oportunist who arrived recently your remarks will be offensive to a large number of investors who have stuck by Delt(Cluff) throughout.
Being so eager to take a significant profit ( and good luck to you) why not get out now and move to next "Golden" opportunity.

IMO the way this is dragging on any offer from IOG becomes lee and less likely

Mike agree, at least this whole shabacle has raised Deltic's profile which is no bad thing.

oil 1.8 may suit you, but I will take long odd Michael Spencer will not accept. WE can pontificate till the cows come home but ultimately MS will make a decision that no one here can ignore

Notoriously keep their head buried, not a bad idea considering the miniscule brain.

The whole Hospitality sector is in seige mode. Hyper ramping is not going to disguise the serious economic pressures on the vast majority of Companys.
We hear nothing about the huge debt pile here (£1.4 billion at the last count) here just a "canny move to get a JV with Carlsberg". Does our astute correspondent regard selling a collection of Pubs to Admiral last Autumn as " a canny move".?

The JV was refered to the CMA by the European Union, any guesses why? It is foolhardy to 2nd guess the outcome...no one knows. The Breedon /Cemex takover was thought straightforward however CMA had other ideas and have required changes to that merger.
Unless I am missing something can see no reason why a Trading Update has to wait until December. Hell we could be in quite a pickle by Christmas.

In these challenging and unprecidented time s, Long term Investors should consider underlying Asset values which with company failures looming will give a degree of comfort. Of course short-termers ( traders) will be making hay so long as the sun shines, providing they keep their eye on the ball. One senses we have at least one wolf in sheep@s clothing, here.

AIMO and please do our own research.

Barchid, with apologies

Whose there! " Elon Musk, I need an automotive expert to test drive my brand spanking new Electric powered vehicle aimed to fly in outer space. Are you up to it? I will supply adequate refreshments for the journey reckoned to be around 3 months and Archimedes book titled Simplified Mathematics for Beginners. If that gets a bit heavy for you there aremany pictures of the many screws Archimedes perfected. You will find them amusing". " OH almost forgot the barrell of Spitfire."

Good afternoon.
With apologies to all sane readers.