Massive potential and big share price rise coming !!!13 Jul 2023 12:36
Expect Marstons share price to rally, looking at a big rise from here.
RESULTS FOR THE 26 WEEKS ENDED 1 APRIL 2023 =
H1 like-for-like sales up 10.7% vs last year
Increase in pub operating profit: £43.1 million (H1 FY2022: £39.9 million
Director Buys = 253,701 Shares bought by Directors over the past few weeks!
36,703, 89,980, 34,000, 34,767, 28,992, 29,259
Sales of Pubs = 3 to Youngs for direct injection of cash.
Sector news = Wetherspoon (J.D) (JDW) have improve sales =
Compared to FY22, like-for-like sales increased by 11.5% in the fourth quarter to date and by 12.9% YTD.