Member Info for Trent700

@Pmoran. Yes, that sounds like an accurate assessment of the state of play. it's still early doors and a more detailed assessment of the detail is required, and of course, the numbers which will of course take time. Sit back and wait for updates to see what transpires and make our decisions from there would be my strategy.

I know that with whatever share you own, everyone sees something like this on the cards from time to time, regardless of how remote the possibility.

Opportunistic perhaps, or a genuine offer with some kind of game plan?

I know that with whatever share you own, everyone sees something like this on the cards from time to time, regardless of how remote the possibility.

Opportunistic perhaps, or a genuine offer with some kind of game plan?

@ Barchid.

Yes, I've always tried to be reasonable. I don't see any point in being rude or @rsey. you achieve nothing, other than getting up people's noses with that. All of my previous thoughts on here were just my opinions, based on what information I had available to me at that time.

As for the chap from PAS, well, he did seem to fade into the background fairly quickly didn't he.

I'm still of the opinion with him that he was fishing for something. what that, and his motives were still remain to be discovered. That said, I neither know or care of he achieved his goal(s).

All the best to you.

Yes, you're right Parsley2.

I'm under no obligation to justify anything to you.

Have a nice weekend.

It's a bit more than just Certain outlets though Parsley? Morrison's for 1 have a good compliment of our products, as do Asda, Tesco. that's a lot of ale being sold, which as you suggest is going some way to paying some of our debt.

Parsley2, that's not strictly true, is it? there is no ZERO sales scenario. We're selling to all the supermarket chains for one, Cash and carry outlets, and therefore corner shops et al, so debt to a degree is being serviced.

I know that some among us hypothesized this could happen, but did anyone really see it coming?

I know it's early doors and nothing is certain, but still.

Just in case I don't get round to saying it tomorrow.

@Barchid @Clairesmith

I agree that the staycationers are going to be key for us next year. some much needed additional funds coming our way will be gratefully received. I am still (Covid permitting) going off to Kalamaki next year owing to getting my refund from Jet2 for my holiday this year that never was.

I'm also hoping to get away in May too again, Covid & cost permitting. if that isn't to be then I'd definitely try a couple of weekends away in a couple of our Inns.

I'm also hoping to get off to visit our friends in Stourbridge and get ourselves off for a meal and a couple of scoops in our favourite pub down there, The Glassworks.

That's the plan anyway.

That would go some way into explaining the rationale behind the acquisition of the Brain's pubs. Convert them into B&B establishments should the work need doing.

This still raises my unanswered questions that I posted the other day though.

How much did it cost us to put the deal together? Where did the money come from? What are getting? Just the pubs? If so are Brain's brewery under licence/contract to supply them? And if so, for how long?

All of these questions still remain answering I think.

@Barchid

I think that Brexit will have some influence on us. We sell our wares in a number of different Countries. 70, I think I read somewhere at one point, so there's that.

My other holding, SGC is less impacted by it I'd say, as they are now just a predominantly UK based business. I know they were in North America up until a couple of years ago but they sold that bit off.

Anyway, all the best for the new year to you & your family, and to everyone else here.

Hoping for a better 2021 for us all.

With a Brexit deal seemingly sorted?

In SGC. And to your families too.

In Marstons, and your families.

Than answers for me. Such as:

How much has this deal cost us?
Where has it come from? and
what exactly are we getting for our money? Just the pubs? (Altbough, I'd get the logic of that, income from staycationers next year perhaps). Are Brains keeping their brewery and under contract to supply the pubs, and for how long?

This rns to me says very little.

Affect us tomorrow anyone? I'm expecting some degree of retrace.

I hope it works out for you Daave. Maybe there is some way for you to offload some of your stock to help mitigate some of your issues.

All the best for you.

Very nice indeed given the circumstances. I just hope the pubs are able to open, even for just part of the day on the run up to Christmas.

Yes, Carlsberg.

Whoops!