The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Marston SALES results have exceeded expectations (when you consider the drinks partnership brewing growth has also not been added in). So not only have they exceeded sales growth on M&B but also have another Brewing arm up their sleeve.
Could it not be that anyone who had taken out shorts on M&B was buying them back and hence the price increase? Marston was not shorted at all when I last looked at short tracker.
However this sector is coming back for M&B, Marston and Whitbread and the fund managers in time will find us!
Appears "Market Watch" and "Reuters" over in the States all promoting Marston now with good feedback to the Marston results. Even "Hospitality Ireland" are pushing them on "high summer sales." We also still wait finalised figures from the actual brewing Company shared under Carlsberg in the UK where figures are likely to have increased too. However most are awaiting the Feds decision due 2pm ET. So 7 pm in the UK & I would expect a mark up later in the week on raised sentiment. Therefore still a very good time to buy the stock at todays prices. GLA.
Worth waiting for financials in a few days time where production is on target and Silver and gold are both up this year. i.e. Silver today up 28 to 30% on the year should bring about a divi and profit increase.
To me as some on here have said the production results and words are played down but we should expect increased profits on a 30% increase in Silver so an interesting punt this one that could pay divi's!?
Pro-active in favour and reports Shore Capital have raised their share price target for Marston to £1.50. Nice -
Andrea added.
Shore Capital Group (LSE:SGR) rates Marston’s a ‘buy’ and targets a 150p target for the stock.
Shares in the group are trading at around 33p, down more than 15% year-to-date.
Property values were originally down grade during the start of the pandemic on suggestions from the accountants however if the business tomorrow continues with its turnaround (post pandemic) and increased sales (which I expect) then the NPV will likely rise even more helping the firm run the business. Fingers crossed for tomorrow that we receive the results we are hoping for. GLA.
Even better news is coming in that Balkan Holidays are launching from Southend Airport as a new operator adding Bulgaria to a new list of destinations from Easyjet. So more than one operator is back at Southend extending options for travellers. This is great news see link for todays release as Southend returns to being a commercial operator with multi destinations :- https://londonsouthendairport.com/news/london-southend-airport-announces-route-to-bourgas-bulgaria/
Becoming the final couple of days to grab this share at a bargain price. I suspect we will be moving up on the 2019 sales and therefore far closer to the Companies long term over a £1bn value of sales than they have said! Time will tell but we are likely to move up quite nicely from here on.
Not sure if the Carlsberg Marston Company can extend sales (taking up slack from the Carlsberg Russian arm confiscated) but if we can and do sell to Europe then the hot weather there will have helped a lot too for the partnership contribution particularly, if our supermarket sales extend into our European retail stores. Could be interesting!
Link "time to buy" to the Carlsberg Marston partnership. They in fact now sell over 6 pages of beers you will be amazed :-
https://www.carlsbergmarstons.co.uk/our-beers/?p=1
Erdinger, Estella,Hobgoblin,King Goblin,Marstons,San Miuguel,Shipyard,Tetleys,Wainwright,Holsten,Tuborg,Pils,Skol,Warsteimer, and some Ciders.
If we (Marstons) are back on track we should now foresee over £700m in sales for the Group and the firm were hoping for over £1bn in four years but by all accounts we should be there a lot sooner. Lets wait and see for next week but the fact the share price has been coming back on favouring market sentiment may give a good pointer to where this is going and the partnership is also now raising more money to profits for their contribution.
Not long until results and hopefully production will have increased with new openings with the grid connection finally here! What with the Peso increasing local productions costs will have reduced too. What with sales being rated in USD however for Silver and Gold the price of Silver is up over 33% for the year alone. I have a feeling some on here may be pleasantly surprised but we will see. GLA/DYOR.
Hi Slater - well Fres said the local labour laws were not an issue for them - see last release a month or so ago. Plus from memory they were hooking up to the grid a new mine so hopefully we will see expansion in addition to the results that we down last year due to the Silver price. So in that basis I am looking for a nice and tidy set of results. Fingers crossed as not long to wait now. GLA. ATB.
Big buyers now coming in - that's 300,000 bought in a short time? Up 25%! in addition to yesterdays big increase! Does someone know something is happening? Or are additional routes still coming in? I know they were after set scheduled routes to Jersey -perhaps this is on its way?
As Fresnillo in their last annual results for last years reporting said they had been affected by lower values of Silver/Gold - then this year we should soon be seeing an upwards reporting level from the increased value of the commodity - which was showing 30.80% up for the year for Silver, and up also over 14% for Gold, when I looked on my charts this morning. GLA/DYOR.
Southend Echo now reporting trips to Lap land Finland being added from 2024 to the other news routes.
So all our Christmas's have come early -haha!
US -Inflation core rate just announced at just 2% will help the whole market today recover some lost ground. GLA.
Uncle D - Last updates from Mars said from memory sales were up 10% on a 17% increase from the year before. They also reported that the majority of their sales came in the 2nd half when the weather improves. i.e. Now. So very similar to Wethers figs on growth for the sector. They also said their gearing of costs was biased towards the 1st half and so the 2nd half will have a cleaner run. So you may want to read what was said from the official site, but generally it seems the sector is recovering and we should expect some good results here for Mars very soon. Fingers crossed for those willing to invest in a recovering sector post pandemic.
To be honest I have felt recently what with other airports having problems that this would help Southend. It dies not surprise me that the London City airport cannot be extended. The Mayor can hardly extend flights into the City and continue with his ULEZ ambitions? I also saw the other day due to problems Easy jet were having at Gatwick they cancelled thousands of flights, which might make them think further about using Southend for more?
This could be a very shrewd investment where the Silver price in USD is 20% up on last year (Fresnillo is the Worlds biggest Silver miner) and Gold is up 12% in USD (Fres is Mexico's biggest Gold miner). Last reports speak of new ventures coming on stream and some will see this as an opportunity at this low price. Latest results due out soon too. GLA/DYOR.
Agree & fingers crossed that the results will bring an uplift this year as the Directors are pointing towards wanting sales growth.
John Upton, London Southend Airport CEO, said: "Today marks another significant milestone for London Southend Airport as we proudly announce the revival of winter ski and city break flights to Geneva.
“The new route brings an added dimension to our already growing list of destinations with airline partner easyJet, alongside Malaga, Faro, Amsterdam, Paris and Palma de Mallorca.
ali ***ward, easyjet’s uk country manager, said: "we are really pleased to be launching another route from london southend to geneva this winter, which will be popular with those hitting the slopes on winter ski holidays, exploring the mountains, but also as a global hub, it will appeal to those travelling for business too.
I see Marson have announced they will be issuing a trading update statement on 26th July (just after all the directors have been buying shares?). This is apparently for the 42 weeks trading up until 22nd July 2023. Appears interesting for an odd period but a period that by tradition brings in strong warmer weather sales? Unless there is something else they want to tell us? DYOR and GLA.