Member Info for firegazer

keep going baby!

gets zero of the year from The Daily Mail city desk and the price soars. He won it four times during the year putting him alongside people such as BP's Bob Dudley. Well done Terry!

was the last time HOME was up here. Long may it continue.

the heady heights of £1 somethings pushubg this up. :)

FINANCIAL HIGHLIGHTS · Group revenue up 4.8% to £682.2 million (2010: £650.7 million) · Underlying profit before tax of £80.4 million up 9.4% (2010: £73.5 million) · Marston's Inns and Taverns like-for-like (lfl) sales up 2.9% with underlying operating margins up 0.7% and average profit per pub up 10% · Marston's Pub Company operating profit up 0.6%, with both traditional estate and Retail Agreements in profit growth · Marston's Beer Company revenue up 0.4% and operating profit up 0.6% with Group ale volumes up 2% · Cash return on capital employed up 0.2% to 9.8% · Strong operating cashflow of £182.4 million reduces leverage; new bank facility of £257.5 million to May 2016 · Earnings per share and final dividend - Underlying earnings per share up 12% to 11.2 pence per share - Final dividend of 3.7 pence per share, in line with last year STRATEGY HIGHLIGHTS · Managed pub development - 19 new-build managed pubs completed with performance ahead of target; on track to complete around 25 new-build sites in 2012. · The 'F-Plan' - Food lfl sales up 5% now representing 42% of sales; over 26 million meals sold in managed pubs at an average spend per head of £6.10. · Tenanted and leased pub development - Retail Agreements implemented in 337 pubs with profit uplift in line with targets; on track to roll out to a further 200 pubs in 2012. · 'Localness' and premium ale strategy - Premium cask ale volumes up 5%; premium ale brands now representing 62% of our ale portfolio. CURRENT TRADING - 8 WEEKS TO 26 NOVEMBER · Managed lfl sales up 3.0% including lfl food sales up 3.0% and lfl wet sales up 3.0% · Tenanted, leased and franchise profits estimated to be up 2.0% · Own-brewed volumes are in line with our expectations Commenting, Ralph Findlay, Chief Executive, said: "We achieved impressive sales and profit growth in each of our businesses despite the challenging consumer environment. Customers are looking for affordable treats, and our focus on value, service and quality in a traditional pub environment has proved successful. Our new-build pub-restaurants; the introduction of franchise agreements in around 350 pubs; and increased commercial support to our tenanted and free trade customers are all contributing to the achievement of our key objectives. The successful implementation of our strategy will mean that we will create around 1,000 new jobs in 2012. Pubs make a real contribution to employment, and the government can help by recognising that its policies on taxation, and beer duty in particular, are damaging to pubs, brewers and jobs."

And im loving the new Asda advert sticking the boot in. Tried to bring me av down as its fell but still big red numbers staring me in the face. Doh!

is the 9th Nov and 1.71p ps

Nice!

in my pf thats up today !!

The people at Schroders beg to differ cos they curently hold nearly 17% of its shares. And with 250m profit last year a dead duck it aint. Profit is down throughout most of this sector, just look at amazons recent figures, are they a dead duck too. The people who shop at Argos have been hit the hardest by the recession. Now there is no arguing that they are in decline but the high street without Argos is unthinkable.

put HOME's results more into perspective. With a 4.7p div and xdiv date of 9th Nov these may start to recover a little.

50/50 on hold/sell

Yep 200, really should have listened more at school : ) I think we are going to have to agree to disagree! Even if they can the interim I will have a 5% return this year. I will take that against a 40% loss anyday. I have enough faith in the company that they can ride out these hard times and come back. The SP will drop after the results 90, 80 who knows, but as people begin to spend again it will recover, as will the div. Its interesting to note that brokers are split roughly 50/50 on this as a buy or sell. Me im a hold.

It appears that me and Mr W are in the same boat. The price fell sharply and caught us out big time. Are you really suggesting that getting out with a 40% loss is better than sitting tight and taking a 4% div. We are where we are, trying to make the best out of a poor situation. Could you honestly say that you saw it coming?

If Mr Wobs is sitting on a current loss of 40% then I presume he bought around the 170 mark. Even if they halve the div then that is still a return above 4%. OK that may not seem great, but try getting that a bank without putting it away for a long time. HOME is not what it used to be, true, but it has been hit more by the recesion than companies such as Amazon (who dont even pay a div as I recall). Im taking Wobbs's advice and chillin

Mr Duddy and his fellow directors sold a mass of shares right before the initial profits warning that started the fall, so I take what he says with a pinch of salt. Shows how much faith the directors have in the company. And if im honest I wish Id bailed with them :)

is it the start of a recorvery?? Lets hope so :)

If they maintain the strong divvy then these are a keeper for me.

Good news on the horizon ?? Hope so cos im up to my neck in these :(