Member Info for TheGreyMonk

You misunderstood my comment - I didnt mean well known companies, I meant where all the good information is already out there where everything is known and analysed. I have always done best by looking deeper rather than following the herd.

Always interesting reading the emotions of people invested - I have always worked on the basis that I am unlikely to get rich investing in companies that everyone knows about and and the vibes are good - For example when my colleagues were telling me I should be buying Tesla in 2020 and 2021 I thought they looked overvalued so left them alone. They did keep going up for a while but they still didn't look cheap to me- around that time I saw McBride shares dropping and dropping and bought a few - kept my eyes on them, went to an AGM along with about 5 other shareholders. In the last 2 years they have gone from 20 odd pence to 115p today . I also went to the Marston AGM in January and unless the directors and the new CEO were lying through their teeth then this share has the potential to rise substantially - I've topped up a few more this morning and every penny they drop I'll top up a few more. The older I've got the more I realise I do my own research, listen to as many people as possible and make my own decisions and always have patience .

Good luck all

Having met the new CEO at the AGM I think he's a shrewd cookie. I've been topping up under 30p and am confident that one day I'll be celebrating those purchases. Might be a wait but theres a lot of assets in there, the debt is coming down albeit slowly but the next few years may well be a little easier than the last few

Someone will probably make a fortune out of Metro, however when there's a controlling overseas shareholder I doubt it will be the other shareholders, which is why I'm not tempted to buy a load more. My guess is these will be taken out at about 35p in a year or two with his sweetening a deal for his favoured shareholders and I along with many others will crystallise a big loss. Mistake I made was when I saw the rights issue at £5 a few years ago that those shareholders would come out ok. Fortunately I sold half at a small loss at just over 150p in Feb last year but bought more at 50p in October.

If you are relying on CapXX to get you out of trouble then good luck to you !!

The PC brigade have it in for anyone who lends money at what is perceived too high a rate - The company is still treated as if it is still a doorstep provider of high interest loans. The real truth is that the market needs a Vanquis so hopefully there will be stability but Im keeping my money in my pocket

Normally I look to buy on bad news but I really fear for this mismanaged business. The previous CEO Malcolm le May kept patting himself on the back about how well they had done. Any long term shareholders have been pretty much wiped out. I've come to the company only fairly recently but I'm still down a couple of grand on 2200 shares. I've no intention of buying any more until there's some stability and the omens aren't good or companies in this position and industry - Amigo and NSF have been wiped out. I think I'll pencil in a trip to the next AGM

If it drops Brian, don't worry about it - I've bought these first in 2011 and the dividends paid exceed the initial share purchase. There's about 10-15 years of dividends in the pipeline that will pay out pretty much come what may and there's a business in there also - Buy and hold and wait and collect your dividends - I top up under a fiver and sometimes sell a few if over 7 or 8 quid

Tui have a dual listing which basically means the shares can be traded in London and in Germany - each share has the same value - The London listed trade at approx. 540p and the German at approx 6.30 euros - the exchange rate is approx 1.1677 . After the London delisting you will own 1 shares at whatever price in euros it is in exchange for 1 share in £ - each share has the same intrinsic value

The sentiment isnt good for Marstons but personally I cant see them failing if they've survived this far, and if they survive without a Rights Issue then the shares will double before long. The ones who will benefit from a possible Rights Issue will be those who buy their shares after its announced. Taking that into account a big purchase of shares from the new CEO would be a massive buying signal

If Marstons had not paid so much in dividends over the years 2010-2020 there would be less issue re the debt. If they can keep paying debt off then there will be no need for a rights issue - how much would a RI raise ? Not much benefit to existing shareholders. Directors buying shares. Cant see a rights issue coming. Keep trading and dont do any stupid deals and the shares will be back nearer £1 in due course. Its still been a shambles for existing shareholders but the last few trading announcements have been positive and perhaps maybe the market is underestimating Marstons

the updates this year and the agm statement in january have all been fairly positive. either the market is seriously undervaluing marston's shares or there's been a lot of bull**** talked. the shares have massively underperformed mab and wetherspoons . i think next thursday there is a trading update.

Me neither - I listened to the Mark Bartlett video update and unless hes a blatant liar the shares are good value - I have bought a few

Who writes this nonsense ? Delusional these people

The shares in the meantime have fallen in this period from 240p to just under 27p - not so succesful for shareholders

I looked where to raise my hand but couldn't see anything - How lame were the questions asked of Malcolm - They were saying how well they've done. Well this is how well

The 2018 Rights issue raised at 315p nearly 105 million shares at a gross value of just over £330 million. The market cap now is £318 million according to Hargreaves Lansdown - If you think thats doing well?? I'd like to see what an average set of results would show! Any long term shareholder (more than 5 years is totally wiped out if theyve taken up the Rights). Malcolm let me tell you - its not doing well!!

During the first 6 months of 2023 - We must give thanks for that!! Goodness knows where the share price would be if they hadn't!

Findlay and the board must regret not putting the bid to shareholders - I certainly do but a bidder now wouldnt offer more than 75-80p in a worse economic market - Many shareholders would snap their hands off

On 22 June i did that trade - shorted MAB at 214 and bought MARS at 28.7 - I see no reason to close with Marstons at 31 ish

I bought a few of these at the start of Covid at 125 - I set a sell at 200 and they sold - I just saw them down sharply today and read the half yearly update and struggling to understand the fall. Without investigating too deeply i've invested my profit from last time into the shares