Member Info for KahunaJim

Statement from Fiona Dickie, Pubs Code Adjudicator, following the announcement of pubs reopening in England makes for brief and undetailed but interesting reading defending tied tenants.

If there are long queues at Primark and IKEA rifling through your pants, socks and cutlery I can't see imagine pubs will be too far off where they were pre lock down. App's and table service will become common place by your second visit, rounds and doubling up will make it more efficient. I can only see a big upside here even if it takes 12 months.

SP falls on confirmation of reopening inside and out with 1m distance. Hollywood Bowl confirmed as staying closed, SP rises. Counter intuitive! But I'm in for the long term anyway, hey ho!

just don't open any links!

My local Marston's in Northampton serves 3* meals at 2* prices and pours a good selection of cold beer, and was busy most nights and packed solid all weekend. It's cheap and cheerful and has a nice garden. Marston's pubs may have a little room for improvement but they know their customers.

Excuse my ignorance, is an uncrossing trade of £1m at 16:40:12 anything to get excited about?

That’s correct but it is very difficult to get a license in a new property and easy to get a license for a property previously licensed.

Convenience stores grabbing share from the supermarkets at the moment and the likes of Tesco love buying pubs to convert into convenience stores as they come with an alcohol license.

Eccles

if every share you buy goes down, maybe time to rethink your strategy?

Carlsberg Pilsner, Export, San Miguel and Tetley's are not imported. They are all brewed in Northampton. I'm a wholesaler, and both Carlsberg and Marstons brands sales are booming. Carlsberg at low margin for everyone whereas Marstons brands mostly sell at a premium. This is a great forum, I love the way so many have absolute confidence in such polarised views.
I can't wait to see what happens on Tuesday.

next panic buy....drinking straws

I hope you are right. I bet my 2020 holiday money on Marston's in April. Absolute novice, but I like a pint, don't expect to get a holiday this year and don't fancy the banks interest rate!