RE: Barchid/Fairdealer.15 Dec 2021 09:32
Hi Barchid. Im not sure what to make of proceedings here at the moment. My patience is beginning to wear thin with the limbo land we find ourselves to be in with Mars. I know the issues with Covid have done the company no favours whatsoever, but I've seen little evidence of adaptability to overcome these issues.
You may well know that I have shares in a company called Fulham Shore, a Pizza/Greek restaurant chain. They too have had the same issues as Mars with closure of outlets etc, but they have shown enough initiative to generate income from home deliveries, reduced admittance to premises when restrictions were lifted etc. Ok, they are a different animal to Marstons, but still, despite Marstons having the off sales from supermarkets to fall back on, I've seen very little from Mars to improve their lot.
I'm going to wait until the Christmas/new year trading figures come out to see what transpires. I hope that these figures are worth waiting for.