TRUE VALUE SIMPLY WALL STREET £1.2111 Feb 2021 12:21
Simply Wall St value Marston's at a SP of £1.21 fair value rating, considering all the fundamentals. I've always found them an excellent, impartial judge of a company's value previously. Worth a look if not used before. Expect a small bounce back from today's 'bad news' with any positive sentiment towards the leisure industry, which may well arrive by the end of the day. If not, back to over £1 we quickly go when any sort of relaxing of rules came into force WK of Feb 22nd as per the govt timeline for announcements. Also, there's nothing set in stone to stop a return bid- or indeed a fresh bidder coming in- now the water has been tested for a takeover. Marston's don't appear to be playing hard-ball, they're just sending saying 'make any offer a fair one for all parties'