Member Info for fairdealer20

Has the Oozelum Bird re-emerged from his black hole as a Gooney bird(turdus gooneycus)?

Should use his monocular vision and read the press release from Jonathan Neame, CEO of Shepherd and Neame the UK's Oldest Brewer. Jonathan warns of the devastating effect the latest regulations will have on the brewing Industry and predicts significant closures.

oil......perhaps best to sell while ahead, never know what may happen here!!

Trent I could'nt think of a better Orator, ah ah.
For sure there would be total confusion for battery-charger.

That is a risk worth taking?? I think so.

Does anyone have a PHD in Garbled Language? If so please interpret the nonsense posts.

Investors, please do your own research, the hospitality sector is facing dire times where only the financially resilient are going to survive.

Listening to the Oozlum Bird at your peril.

Richie and American Fund have reduced their holding in Marstons

Pitterpatter

CMA are going though a process which may get protracted and time is not in Marstons favour. Funders will be getting nervious, the longer the enquiry goes on the deeper the knife will be pushed!!
Is the involvement of the EU pure bloodymindedness or the result of strong lobbying from a European Brewer/Supplier, possibly Heineken?

Investors do indeed need to keep an eye on the wider landscape, indeed in this sector there are better opportunites than Marstons.

Keep you powder dry!!

If the BOD's de-risked NAV is credible, it is impossible to believe major holders will give a second glance at anything below 3.5p.

The Carlsberg/Marstons Brewery merger was referred by the European Union and NOT CAMRA.
The CMA have asked for representations from Parties interested in the merger this will no doubt have included CAMRA. The CMA will also be investigating many aspects relating to the proposed merger, intending to make an initial decision by 3rd week of October. The initial decision will be as to whether or not an in depth (stage 2) inquiry is necessary. Any view the decision is a formality is misleading and should be ignored.
The supposition that the CMA would not wish to deny the Consumer of choice, as without the merger Marstons could fail, is rubbish. Just examine that scenario being put forward by a "confirmed" investor, that beers would disappear is nonsense as it can be almost certain a Liquidator would sell off the individual Breweries either separately or as a whole....there are many Venture Capitalists with deep pockets.
The CMA will act in a way it's brief requires and some of the nonsense being peddled here should be dispatched to the bin.

For more immediate concerns Investors, of any stock, are going to need nerves of steel during the coming days, as I warned months ago given the ramifications created by COVID, there is worse to come. Hope like WB investors have kept their powder dry as the time is approaching when significant value and opportunities are going to emerge. Even then care and research is essential. More on this later.

Today is going to be a very turbulent ride in the Hospitality sector.
Keep your nerve.

correction have just seen MS's declaration

Gasa........me too. It is odd too see relatively small holders publishing holding. Curiously have not yet seen MS's declaration, he was quite vociferous when RBD approached us.

Mike agree, but there are those who do it and like most things in life are either born lucky or paupers

Mike, Traders work on quick profits. If they judge it right and make say 2% in a day over the course of a trading year that could amount to 400% profit. Likewise if they judge it wrong and a stock dips they get out and move to the next opportunity...they have NO loyalty to a stock.

Union Jack have today raised £7m through a placing. Seems to be the way some AIM co's operate. UJO PI's are not happy.
Correct me if wrong are'nt RBD involved with UJO?

2.5p may suit some but not me and will NOT get my vote. Prefer to hang on.

If nothing else this whole saga has raised the profile of Delt, something our Execs have failed to achieve. Maybe they are " quiet achievers"?

Some very interesting exchanges today . I understand caustious optimism is where our vaccine is at, currently.
Where Russia is concerned one wonders why they are exporting vaccine rather than using on it's own population where there is a huge problem. Maybe India is being used for trials...as a guinea pig! Would anyone here volunteer for a dose of Russian Vaccine???
It is widely rumoured our "friends" across the pond are trying to corner first supplies from the UK

In so far as Income Loss Insurance, the FCA asked to High COurt to determine the Contractual Liabilty of Insurers. The High Court determined, on the basis of the FCA's Claim that insurers did have an obligation.
It was not within the remit of the case that Judges take into account other fundamental facts....the Claims made by Landlords/Tenants in regards Central Government Grants, Furlough Money etc. One can be very certain Insurers will Appeal the High Court ruling and use the Government's Funding contributions . It could be fundamental to the Appeal, the loss of income is not an Act of God, pestulence , plague of locusts etc but the Act of a 3rd Party who should be joined in any liability.

You can see where this will go? If for argument sake, the High Court ruling is upheld, insurers are bound to discount any proven loss by the Excess applied to individual Policies. This could be on an individual claim little or huge. Remember an agrieved Claimant would need to prove a loss, many pubs handle cash, so not easy to establish even with comparitors from previous periods.
This case may have a long way to go as Insurers will not want a presidence setting.

In respect of release of Corporate Information, Fiona has very eloquently addressed the continuing submissions. Anyone with Professional knowledge who acquires information NOT within the Public Domain would be guilty of Insider Trading, a very serious offence.

The whole Hospitality sector is almost in crisis and unless something dramatic happens it is highly likely many Pubs will close. Take note of Tim Martin and the Pub and Beer associations concerns. Weatherspoons, to correct the record ,do have premises in Provincial areas and not just major cities. If you do not believe Tim Martin read the Pub and Beer Association's reports. Sale of products outside of Bars and Pubs, may bring in cash flow but margins are skinned to the bone, leaving minuscule profits.

The JV with Carlsberg should be read thoroughly. it is a combining of Marstons breweries and Carlsberg's (CMBC) , the distribution forms part of the New Company. In the Agreement , Carlsbrg require Marstons to retain at Least 50% of it's Pub/Bar outlets . Marstons will recieve a tranche of funds which will be used to reduce debt.

j1osf, the house analogy won't stand up. You could be on a Taylor Wimpey estate where each house externally is identical however if you have done nothing internally but your neighbour has enhanced to a high standard, a difference in value would be expected. Whether you get or not is another question.

Delt has value which I do not think will be reflected in the initial offer IOG bring forward, if indeed they make an offer.

I am happy to wait, unless we get an outrageously good offer ( doubtful).
Patience is always a virtue.

j1ost we agree and disagree.........the price drop makes little difference except scare those who are expecting the elusive pot of Gold. On the other hand IOG don't have to pay anything they and their shareholders feel is fair value.
The value of your house could be £500K but a willing buyer is only prepared to pay £450K.

As Warren Buffett says " price is what you pay value is what you get"

j1osf that is exactly what they (IOG) want.

Barchid,

An Appeal to a Higher Court is a given. Insurance providers don't give in easy. If nothing else they are happy to spend millions defending if only to kick the can down the road and kill time. How many Tenants/Landlords have that luxury??