Member Info for JoeKenny

Worth a punt just to invest in these and forget about them until the summer

Hi new here, beginning to think some of my other investments, in MAB and MARS, may be stalling, yet JD seems quite lucrative. Anyone think this could hit and continue past previous highs when everything reopens this year?

Thanks

Share price seems to be stalling while other pub stocks are rising. Has this hit a ceiling I wonder? Will it still be lucrative when everything reopens next month?

True, acquisitions can be a big set back for companies sometimes. Nevertheless, I like to be the optimist and think that the popularity of Brains pubs in wales will prove that it was the right decision.

You think the Brains deal is a bridge too far then?

All this good news makes me wonder when we'll properly stay above the £1 mark... seems as if there is a gradual increase nevertheless

Will never understand the mm's... so many bought, half as many sold... where is the SP increase!

BBC: 'Pubs deluged with beer garden bookings'
https://www.bbc.co.uk/news/business-56296518

Strong resistance at £1, agree that we need some more clarity from management.
Think that this SP will get more attention once it properly surpasses the 1/1.05 mark

I agree with Trent on this, I think some here are taking an overly pessimistic view; it's highly likely waivers will be signed and Mars has more than enough liquidity to see them through until reopening anyway. Furlough scheme also allows for a financially flexible reopening at a perfect time (June-Sep) when consumer spending will surely be at an all time high (indeed, the young will be spending like millionaires, combined with all the staycationing).
In terms of analytics, the SP is showing positive signs that is gradually re-rating back to pre-covid levels.
Still holding here with a target of 1.30-1.50 medium term.

Some good and very practical points, but also read RBG's RNS today and if they're feeling positive about the future then I'm pretty sure Mars can too!

Been here since early last year and lost thousands panic selling when I should've just held (also sure I remember OWLS saying that this was a useless opportunity when this was 1.60 something). Not making same mistake this year. MAB ain't going nowhere and will emerge incredibly strongly from pandemic as one of the survivors. Excellent medium term hold IMO, will hit anywhere between 4-5 soon enough.

Would've gone above that this morning if it wasn't for the RNS I reckon.
(albeit still a positive RNS, agree that MARS will emerge very strongly, expecting a rise anywhere between 1.30-1.50 come summer)

Just sit tight, this along with all pub shares are going to gradually increase throughout the year. New measures will allow for debts to be made up

Just want to add here that 'staycationing' is going to have an absolute bumper year, and thanks to rishi's plan, pubs will really reap the rewards come June- Sep.
Reckon this will be nicely reflected in the SP soon enough.

Well if Rishi extends the furlough until September then combined with June openings- in which time consumer spending will be at an all time high- it will give businesses in the hospitality sector enormous financial flexibility.

I agree, but I think I'm going to remain optimistic here and say that sunak will announce positive measures. And whilst it's all well and good to look at fundamentals, this pandemic has proved to me more than ever is that share prices (particularly in this sector) are being evermore driven by investor sentiment. I think you'll be surprised this year by how much these losses could nevertheless be made up, I'm certainly not underestimating the massive pent up consumer demand for spending/drinks out.

I take it you think a somewhat ceiling has been reached here then?

All pub stocks seem to be slumping today; not sure if that's due to the mixed news reviews over the budget. Nevertheless, think tomorrow will be boost we need to surpass the £1 level and prove the CEO right- that this share is indeed worth far more than 1.05..
More invested here than ever at the moment, so hoping tomorrow will finally give publicans the clarity and support they need. Looking forward to the future with everything reopening, think this is a great buy, particularly for the medium term.

Definitely top up time now before the big announcement and the return to normality, think all chances of buying in any lower now are very unlikely, can see the positive retrace continuing now right up until Autumn/xmas