Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Very in depth accounts which do not show the true value of an idea in value of Southend Airport? How much value can you put on an airport that must have a large amount of prime land which could go up in value if they say "they are talking to a large number of Airlines about expansion to routes?" The desperately need more income for sure and I was also surprised of how many other assets they have held, but they have enough cash to continue for the time being, hopefully interest rates will come down, and this could all change over night. I live in hope my gut feeling is this will succeed in the end, and someone will see this as a great opportunity. GLA.
As LSEnd main sponsor looks good for Easy J -they also refer to expanding Euro flights and Easy holidays. Record H2 results too. Shows the segment to be in a recovering mode. (Rolls -R look far better now too).
Not seen the new routes expected yet! Apart from some new winter routes being extended into the summer!
Now employed by Ocado - hardly a failure! May have been brought in by the administrators at Debenhams (as a qualified accountant) but she will also know how to keep costs down. Her appointment is to be in charge on the remuneration committee? The Chairman has employed therefore a new CEO who worked for an entertainment empire that was sold to the Danes? Also a qualified accountant who is used to accessing a business worth whilst controlling costs? Erh either for expansion or sale following an approach me asks?
Chairman appears to be continuing to bring in new talent to help run/maybe expand the business :-
Marston’s PLC is also pleased to announce the appointment of Rachel Osborne, who will
join the Board as an independent non-executive director and Chair of the Audit Committee
with effect from 23 January 2024. Rachel will join the Nomination and Remuneration
Committees at the same time.
Until last year, Rachel served as Chief Executive Officer of Ted Baker and is currently a non executive director and Chair of the Audit Committee at Ocado Group plc.
Suppose we can now all look forward to Christmas. (Must have been a very good year so far for Marstons with a massive new contract win, plus earlier the Woman's Football World Cup and the Men's Rugby World Cup.
Lets see if we can recover some lost ground from the past 2 years!
What with business now growing fast going forward with extra investment benefits to corporation tax relief, investment in extra plant to help serve the 3,000 plus establishments from the expanding JV and new partnerships coming, a freeze on Alcohol duty, we can expect growth for sales and a great bargain to be had here on a share price hit by the pandemic of the past but now coming out stronger having reached the other side and making the use of an "open" market where others have not been so lucky and further opportunities exist. GLA.
New President/PM of Argentina helps too, as he has said he wants to ditch the Peso for the USD as a form of currency. This will help Hoch on costs as the cost vs sales will be on an equal footing , rather than have the domestic currency eating away on costs through inflation. Could be very good news for the miner!
Company has already said 2024 is a growth year for sales. Followed up by the Stonebridge deal for an extra 1500 plus bars to be served. Doubling supply from the JV contract.
Chairman appoints a senior exec. from the entertainment field with a proven track record and one where his last Company was sold out to the Danes. Who also happen to be the major investors in the JV, Marston Carlsberg Brewery.
Agree the vision is on more ambition/growth and a possible merger for the Pub side with Stonebridge and or a Danish takeover or both. A lot of recovery will be seen in this share price that has remained low for too long and this is most likely the reason for a change in vision.
Yes agree the market will find the contributions for the JV increasing in time where they have set out employing 100 additional staff and bringing in a larger lorry fleet. This means expansion and increased sales (with an amount set aside for plant that the Chancellor has set is completely take deductible.
Today the rising share price indicates the change of direction for Marston with more ambition, plus the track record for the new CEO also looks like a refreshing change someone whose CV includes some other great Companies.
To continue in English, ...new CEO will look for expansion, he must have sold his ideas to the Chairman. Can see Marston selling their products to the Merlin Entertainment sites soon too.
I am surprised by the fact we have not moved up significantly on the Stonebridge supply deal but this gives an opportunity to buy some more. Feel ditch the discount vouchers in favour of shareholder advantages of divis and growth.
As a shareholder already I like the sound of no discount vouchers, and reduced costs (lower inflation) lower forthcoming interest rates, and a move towards development of the business with a new ahsreaS A SmnAY
Yes new CEO sold out Merlin EntertaInment Group to the investment arm of Lego a Danish Company owned by the Christiansen family? Errh who is it that Marston have as their Brewing Partner, erh Carlsberg? Who owns Carlsberg errh the Danes. Maybe we can see where this is going, either International or being sold out to the Danes!?
However do not agree with an enhanced Board remuneration package based on results.
Feel shareholders will have fun voting this down at the next open meeting, or show their disgust unless results inprove.
For Carlyle Groups action -seems like a panic from their own senior management team that is changing at the top eversofast, with their own shareholders very concerned about their own performance being honest. Bloomberg spoke recently about shareholders revolts and their change of management at the top where they had been making wrong decisions, and where their own share price has tanked.
With the prospect of cheaper loans coming the likelihood is increasing this loan will become terminated and replaced with better corporate funding under Uk law which is no doubt the legal jurisdiction over any dispute in this case.
Lets also hope the new appointment for the airport from an experienced developer from Birmingham International Airport will bring in new business to. He must have seen an opportunity to join!! GLA.
WIth the supply deal signed for Stonegates pubs (the Uk's largest pub/wine bar outlet which we understand are to be now served by Marston from the Carlsberg Marston brewery Joint venture. We can see the number of outlets has doubled to over 3,000 from 1400 plus. I can see economy of scale and sales benefits, with costs savings for both Marston and Stonegate and the brewery will benefit from a joint partnership. With the expectation of lower rates and inflation reduced, lower costs, with the economy of scale benefits added in, this share will climb and rise in my opinion for some time yet! GLA.
Should be and has been as expected based on the last Company statement showing growth and increased returns into 2024.
However with the Stonegate deal signed up for the Brewery to deliver to an additional 1400 plus pubs/bars for the next 10 years, the their own 1400 that's over 2800 plus. I wonder why the Board are delaying an announcement of an uplift in projected sales? Could this have something to do with the Board wanting to take up their own options first? Who said that? I can see to be honest another merger coming along here soon too. Also can see Carlsberg expanding further the brewery to take up the slack lost recently with abandonment of their interest in their own Russian brewery now taken over by the Russians.
The future is now looking very bright here at this price!
Not surprised the recently announced Stonegate Partnership deal for the Marston Brewery partnership to supply the largest pub/wine bar retail outlet chain for the next 10 years is having an upward affect on this share price. This has just doubled the number of outlets the Brewery supply in one hit. The share price is now responding to this deal and we will see more coming forward who Marston currently supply too - for fear they will be moved to the back burner in preference to the 10 yr Stonegate deal. Interesting both Marston and Stonegate will benefit from this.
I did say to the shorts who shoot before they read that I would come back in 3 months time and access where we are in relation to my own shares and theirs. They do not listen.
Where the official release for the Pubs state 50 basis points increase in profit margins on costs savings alone plus where they are targeting in all a 200 basis point profit margin overall it takes the morning star circulars a while for the fund investors to take this all in. However if they are after growth then over a matter of time this will find a fan base although not on here with the short term daily negativity I have got bored with. GLA to those serious about investing and out of short trousers!
Very sad short trousers still posting unreliable posts where they now feel Lloyds is just a Marine market but just think in ten years time they might actually come up with something reliable? Certainly the ignorance of the LLoyd's Market shows a complete limited knowledge of the whole,of the London Market.
I will report back on their own holdings in 3 months time and compare with Mars. However they made me laugh with good entertainment whilst they still do not disclose their formal qualifications before they get home, change, and come off their play-stations to walk the dog! Warren is amused too. GLA.
Still no correct answers from the shortest of shorts! Totally unqualified/ unproven and unreliable reply now he thinks Lloyds of London is a bank? Shows he is not out of his short trousers - yet. I doubt he has the 11plus? never mind we have not long to go for the results update next week. -Keep shorting shorty to help my purchases.