Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You appear to try throwing at me inaccurate or vague info to divert people from the fact you cannot substantiate your claims.
1- The place to ask for documents is the online investor info form. It's not a company secretary's job to respond to shareholder and investor enquiries.
https://www.marstonspubs.co.uk/contact/
2- There is no charge recorded on 4 May, only ones on 3rd and 2nd may May. Even giving you the benefit of the doubt and that you simply confused the date by one day, what exactly look odd / outstanding about that 3rd May charge?
For everyone else's info: a "charge" is effectively a collateral placed a company's assets in exchange for a debt. This is normal for any business needing to borrow large amounts of money as part of its operations. Marston's debt figures are well publicised.
https://find-and-update.company-information.service.gov.uk/company/00031461/charges/BFJsRyJaCj3xJAOmdgMvQr-feDg
The results are not "great", they are OK.
And poor vs other pub chains that have swung back into actual profit. Marston's is still loss making (even though the loss is clearly smaller) in spite of all covid restrictions having been lifted nearly 6 months before that financial year.
For once, I agree with NOFEAR here: the true extent of the data breach and its fall-out on the people's whose confidential info has been disseminated, as well as the reputation impact on the company, has been kept quiet.
Nobody handling, or facilitating the handling of, personal information can possibly consider working with Capita with as much ease at it would have before that incident.
Less than a month to fix the IT systems is very little time to address such serious flaws in the security architecture, and in this day and age, the expectations to have mega strong IT system for companies of that scale are much much bigger.
Especially considering that Capita also handles contracts with armed forces.
Hi all.
I note that "0.1% of the servers" breached, with little info on the amount and nature of the data stolen.
This looks like a BS metric to divert from the seriousness of the information.
Anybody would make an informed guess as to how much the reputational damage could impact Capita's recovery?
Thanks.
Peakybinder - I think there are 55-60% chances we will be over £1 this year. This is due to:
- the ongoing disinflation (= lower inflation vs deflation) for businesses (vs CPI, which is for consumers) primarily due to energy.
- the rebalancing of out-of-home expenditure and the increasing confidence that Covid won't make a big bad return (I'm not saying it's certain, I'm just commenting on sentiment) as shown from the sales drops of vaccine makers.
However, anyone tracking the log of trades will have noticed large (£15k - £100k worth) buys popping up for the past week or so: a "late" TR1 announcing the acquisition of a large stake by an II would not surprise me at all.
I vaguely think along the same lines, but my concern is that the massive interest rises since the last takeover offer have made it much more expensive for private equity companies to raise money for acquisitions.
Morrisons' takeover was thus likely regretted by its purchasers who got caught out by such rises, as commented by the FT here: https://www.ft.com/content/b22a85ae-3d44-499c-a603-250ecb1158ef
The most likely acquirer would have to be somebody sitting on a cash pile with less need to borrow: Marston's marcap is relatively low however, so I'm ultimately neutral about the prospect of a takeover in the very near future.
Schroders have multiple funds. Schroders is not one single investing entity.
And you are also mixing the size of companies invested into and the types of businesses a fund can invest into.
I'm afraid you are mixing things up, and forget about how given financial institution can have several specialised funds.
There are not many organisations bound not to invest only in FTSE100 companies. You are confusing with tracker funds
Fortunately Morgan Stanley is not one of those imaginary institutions of yours: it increased its shareholding to above 6% on the 22nd March.
https://www.lse.co.uk/rns/MARS/holdings-in-company-97v09b26c73973a.html
All. There is a risk in buying before results. I am personally next expecting stellar ones but it is for the comments about the future prospects, incl. comments about the busyness during Coronation weekend, that my expectations are moderately positive. However, I am not necessarily expecting a massive boost in the short-term, more like a gradual rise up into the mid summer.
Energy costs much closer to pre-2022 figures.
Wholesale food costs going back down https://www.bbc.co.uk/news/business-65448642 .
All published business data by Marston's shows that it's visibly (with ups and downs) recovering, or has already recovered (pre 2020) for drinks sales.
Debt shown to be in control.
Lenders have extended covenants without much fuss.
Conservatively run (pub sales happening).
Coronation weekend a likely boost for sentiment (especially as it owns primarily suburban and community pubs, vs MAB and JDW that have a higher proportion of city centre ones).
My target is VERY high.