Member Info for Peltata

Buying a business now when it has ‘no sales’ is ideal if you expect it to have sales in several months time. If you wait you’ll end up paying considerably more. Ideal time for these sorts of bids imho.

The bit about the enterprise value being 2.2B including debt but current market cap is 561m should make for a reasonable offer over the current SP.

The chance of takeovers are on the rise :-) so are we at the point where SPs are low before the rise back to normality- buyers have to make their move soon, some light on the horizon at least.

If the government give any hint that lockdown is coming to an end compliance will drop straightaway, increasing the chance s of it being extended.
Don’t think voting for anyone else would have changed the outcome for the better given the choice available.

Because the vaccine can cope. In the future new mutations may mean the vaccine needs modification, but this is a 6 week process that does not require a full rerun of the initial vaccine development.

I’ve held MAB for a number of years via HL and the vouchers just turn up in the post :-) just have to wait for the pubs to open this time round!

The RNS was announced after COB, we’ll find out in the morning what the market thinks.

Even in a different sector EZJ has climbed well after the travel corridors were closed. It’s certainty being on the horizon especially with vaccinations going ahead at breakneck speed.

Exactly my thoughts too. JDW suffered its first loss in 36 years in 2020. Hardly surprising but shows how strong the business model is and how it has been flexible to adaptation over the years as well. MAB, MARS very similar. It’s the small independents and sole licensees that will be picked off sadly.

Imho the market sees the production of multiple vacancies as offering certainty of a way out of this economic mess. In March there was not such certainty hence the much lower lows for all hospitality shares. There may be dips ahead but nothing like those in March.

Not too long ago Tempus had these as a sell. Held on to mine as I can see a rise to previous levels around 90 once our multiple uncertainties diminish.

Marstons is their top choice for 2021 in today’s times :-) Happy New Year.

I got in months ago around 120 when everything was uncertain. Now there are multiple vaccines that uncertainty has gone and it’s a waiting game. If you are on the sidelines you can wait for a small dip imho but I’m holding so happy to let it run - hoping 2021 is not as bad as 2020!
Happy New Year to all and on to better times :-)

Plus news on the Oxford jab rumoured this week too, could be a good few days ahead.

The Brexit deal still has to take full effect, after people have had a chance to look at the small print- with the removal of no deal and the uncertainty removed hopefully we’ll get a rise at least.

With Barnier pushed aside with Merkel etc taking on Brexit negotiations I’d say a deal, or the announcement of one, is imminent. I’m a LTH from March so I’m staying in for sure, may be a few bumps but I don’t want to be out of the market at present.
Also, the Brains news today shows this pandemic hitting the smaller brewers with very large companies able to weather the storm and expand their empires. Good news for the big guys - and their shareholders.

There’s a Brexit deal in the offing as well - that Sunday deadline came and went and they’re still talking. Both sides do not want a no-deal so I’d expect a last (and I mean last!) minute agreement.

Whilst I think you’re being a little optimistic, the effect of QE has to feed into asset prices and help push up the price.

So gyms/hairdressers/shops (that’s all shops) can stay open but pubs must close (barring takeaways). Those that want to socialise will do it in homes anyway and others will go to shops etc to get out/do something, adding more pressure. Logic has left the building.
Oh, and there is a ‘new’ strain apparently, hmmm.
Rant over...

I meant Brexit uncertainty is priced in to a large extent across the board, using the ftse100 as an example. With Marstons caught up in this like everyone else.