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@barchid
Camra is one of this country's most successful consumer groups. I think it fair to say it saved the real ale market from extinction decades ago when the likes of Watney's posed a real threat. I was a member... I do not drink lager. This was half a century ago and I believe real ale is, happily, here to stay.
I have read their press releases in relation to the JV. They do not object to the JV per se but they do want the CMA to become involved, presumably to ensure that consumer choice is safeguarded. You may say 'well, they would, wouldn't they'. Yes, it's their job to defend consumer choice, so there should be no surprise that Camra has become involved.
Camra says the JV could, yes, 'COULD reduce the choice of beers available to pubgoers'. But it offers no evidence of such a risk. Their position is clear to me: they believe that a global name doers not sit well with small brewers. However the real ale market is well established now and I do not think there is a risk that small brewers will be put at risk by this JV. It is my understanding that Camra wants choice to be safeguarded... they do not want the CMA to block the JV.
https://camra.org.uk/press_release/camra-urges-cma-to-investigate-joint-venture-beer-company-between-carlsberg-and-marstons/
How does this deal affect the choice of beers in a Marston's pub? Can someone explain? It gives Carlsberg an outlet for its lagers etc., but does not lessen the choice for real ale drinkers... or am I missing something? MARS is confident that the deal will go through. What is Camra's case?
Funny this was played yesterday just ahead of the RNS. Corrupt little City c**ts at it again...
I bet those who bought into the Sunak rally are feeling a bit miffed... I sold into it... but bought back in slightly cheaper. Doh! It's a waiting game now and I sure as damn hope pub goers will be sensible or we'll all suffer.
@ CryptoChris, not much longer. These are falling because the Dow is down today. I'd say don't mark your position to market. It's what the MMs want...
US must get a grip . Wall St and the Fed won't want Trump losing the election but the polls say he will. They have been foolish and complacent in the sunshine states...
When Wall Street sneezes... no pun intended. But they are in a terrible state, politically, pandemic worsening, spat with China developing. People here should take lessons from this disaster. Americans are dicing with death by ignoring distancing protocols. The young here must take note or we'll have a second wave here and then all bets are off. We ***c a n n o t*** be as stupid as the Yanks. Yes, it's OK to go to the pub but only if you're not going to make a fool of yourself and get plastered.
The Sunak meal deal will be popular, I think. I haven't ventured into a pub in months but with suitable precautions I might do so as the price has suddenly halved... I really cannot see much downside here now. But we are in the hands of City racketeers... they own and run this casino and usually win at it so anything is possible. They just want to churn this stock as volume is everything to them. But pubs are a centuries old way of life and a virus won't kill that. Finally, I've nothing against shorting a hopeless company but that's not what we have here.
@wiggy, yes, you're right. These b*sta*ds should be shot... anyone who thinks the market is a level playing field needs to wise up. It's a scam run by parasites and is emphatically not in the interest of the average investor.
This 1 share cr*p. It's MMs trying to influence the direction. Who else would do it? They work for their large clients, not PIs. They knocked it back prior to Sunak's statement and took stock on board, then pumped it up after he spoke in order to sell to unwary buyers, only to crush it again soon after. MMs are not innocent intermediaries... they dictate market direction in their own interests. It isn't a passive role...
Henderson has shorted more than 2% of this stock - that's more than 13m shares - since last Autumn from more than £1 and MMs may be supporting this institutional client . As you say, it's probably being walked down. I have noticed the constant attrition here since Johnson confirmed the pubs were being allowed to reopen. In these circumstances it has been best not to hold overnight, given the added risk of the main market falling on Covid worries, especially in the US. So my average here has gone down but the MMs appear still to be at it. This tries the patience of holders but the risk to the upside is growing and sellers need to be ever more vigilant.