Why still so cheap1 Mar 2024 14:31
Loan rates will be coming down soon which will help. Wages are now higher than inflation too so more punters have money in their pocket. Beer is still cheap compared to Vapes of Cigs for a working man. Warmer weather will bring in more business. Lots of rubbish on here referring to no. of pubs, etc. and some seem to have missed the fact the Partnership with Carlsberg has just acquired supplying over 1500 establishments to Stonegate, as well as supply the 1400 plus of Marstons own pubs, and yes Marston still own 40% of the joint brewery venture with Carlsberg that has also been growing fast! So cheaper loans, more sales, and we await the Brewery figs for Christmas and the new year where the 8% increase in sales declared by Marstons was only it would seem for their pubs, and not home sales through the Brewery. Lots to look forward to and a good price to come in.IMHO. DYOR, GLA. ps. Sooner or later we will be seeing like on other FTSE cheap shares some positive action we just need to be patient but many shares are now moving fast into recovery mode and this share will follow soon I am sure.