I saw the Tempus review late last night and thought it backed up my reasons for remaining top heavy in Marstons and light on JDW and MAB, bet he’s all to familiar with shares dropping the day after he tips them :-) after the 100% rise I thought about rebalancing but MARS has a great balance with supermarket sales whereas JDW is pub based only and a high volume low margin model - they need lots of customers. MAB is similar. Good weekend all and DYOR.
Given it was only a few weeks ago when headlines were suggesting pubs may not reopen till 2021 then the suggestion that a staged start is only weeks away obviously has a positive effect. The unknowns in this pandemic are the SP killers, the less the better.
Is a godsend! Need a pick up or in H2 when it expires.
Believing anything coming from the Chinese govt is difficult. Their lockdown was hard but that suggests a 2nd wave of infections would be easier to take hold.
Of course, this will be reported as infections coming in from countries that did not handle the pandemic as well as China, placing China as a victim in this. Atleast that’s the propaganda the Chinese people will be receiving.
The current climate makes paying a divi problematic- does NEX want to stand out? Becoming a whipping boy for the media? governmental pressure may also be applied as now is not the time for people to be seen making money I feel.
Anyone know why?
“But if it goes past 800p even I’ll be surprised if it stays there!”
Heading for 900 now! Has the mothballing costs of these businesses been worked out very favourably? Too much pessimism initially, pre-Sunak?
Tim Martin came in for a lot of criticism when saying keep the pubs open, whatever your opinion of that it would have kept his staff employed. Now he was forced to close he’s criticised for saying Tesco is hiring for the pandemic and I’ll give you priority after that if you want to come back. Some people love to see the negative in everything.
With the govt stepping regarding business rates, paying 80% of wages etc these businesses can shutdown much more effectively than first thought. The business model for Wetherspoon’s is proven and only a pandemic has knocked it sideways making it very investable when compared against many other companies especially those with debt issues that will now only get bigger.
Surely with everything else closing down the stock markets will too? No point in having ten days of volatility etc? Make sure you’re happy having your money tied up if you agree.
I’m in one now :-) thought it might be my last for a while as it’s inevitable they’ll be ordered to close - makes sense insurance wise, see if Sunak does this today but it’ll happen at some point.
It’s very quiet here compared to the usual atmosphere. Not a great few months ahead I believe for us all, but after that? Spoons definitely worth a look if you’re investing in the pub/restaurant sector.
Can’t see it crashing out, yet - the business model is very successful and it’s only weak spot is a pandemic. It may comeback with closures and cost cutting so reducing the rise. If spoons can’t make it through what can!
Roll on the 17th and the court hearing for news, would be a big plus if we get the maturity back to 2023
Was there equity dilution during Eons reverse takeover? Or just debt restructuring?