Member Info for Trent700

This was always going to be a predictable scenario. Share prices will sink lower due to reduced public spend. There will be bargains to be had, but I will be holding off adding just yet. I'll be waiting to see where the bottom lies over the next couple of weeks.

This one is one of a couple of shares I will be looking to add to/ buy into as things settle.

Indeed Causal. They're difficult to predict at the moment though, aren't they.

Quite the soothsayer, 2reincarnated. 30p here & 20p for Marstons.

I hope you're right mate, I'll be adding both when your predictions come in :-)

@ 2 Reincarnated.

I agree that the aftermath of this pandemic will make shares fall further over the coming months. We'll have to wait and see how close to the mark your estimates are.

I think I'll hang fire a while before I add anything to my humble portfolio.

Really?

Sort of good news that our beer is selling well. Lets hope shelves get refilled soon

Indeed.

@ fairdealer.

Yes, ive. Had a read through it. An interesting read. Watch and wait time i think.

@ Fairdealer.

If the report is accurate, then your calculations may not be too wide of the mark.

But I'd be unwilling to sell my holding for such a derisory amount.

@ 3Card.

Why not split your money between the 2 & tell your wife you'll take her on her cruise as soon as you're in profit?

Last bit

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Business
Market: Rentokil investors take a bath as Marston's jumps on takeover rumours
MARK SHAPLAND
3 days ago

Click to follow
The Evening Standard
Marston’s shares were flying amid rumours potential suitors are moving to snap up the pubs and brewery firm
Marston’s shares were flying amid rumours potential suitors are moving to snap up the pubs and brewery firm ( Getty Images )
Pest control seller Rentokil was today forced into an embarrassing U-turn after just last month the firm said sales would be given a boost by coronavirus.

The firm — which sells rodent killer, hand sanitiser and deep clean services — had expected a strong year but now that many countries are in lockdown and offices, restaurants and hotels are closed it has been forced to backtrack.

Rentokil said: “Within the last 10 days the impact on our businesses has significantly increased. Covid-19 has affected the majority of the key countries in our group. We are withdrawing our previous guidance for 2020.”

Rentokil has also decided against paying a 2019 dividend and suspended merger and acquisition plans in a bid to save £500 million.

Shares were down 46p at 324p.

But Rentokil was only a handful of fallers as the FTSE 100 climbed 213.78 points at 5659.79, boosted by a whopping $2 trillion US aid package signed off by the Senate and the White House last night.

On the FTSE 250 merger and acquisition talk dominated proceedings.

Shares in Marston’s were flying amid rumours potential suitors are moving to snap up the pubs and brewery firm.

Marston’s results have been poor in recent years but traders dismissed those concerns as buyers would only be interested in its property assets.

The group owns six breweries, 1700 pubs, including Pitcher & Piano, and a hotel chain called Marston’s Inns.

Any views on this?

Sorry its all out of sequence but heres the top bit.

On the FTSE 250 merger and acquisition talk dominated proceedings.

Shares in Marston’s were flying amid rumours potential suitors are moving to snap up the pubs and brewery firm.

There's talk of a potental takeover on FT online. I was only able to copy a bitof it on my phone. Here it is

One bond trader said: “There’s plenty of foreign capital circling the UK for assets and Marston’s has plenty of them. Everyone wants hard assets and cash at the moment. Everything else is still too risky.”

In August last year rival Greene King was bought out in a £2.7 billion deal by CK Noble, the property firm run by Hong Kong’s wealthiest man, Li Ka-shing, while the old Enterprise Inns also fell into private equity hands in 2019.

Marston's shares were up 24% or 8.7p at 40p.

A bloke goes into a fish and chip shop with a salmon under his arm and says, "Do you do fishcakes?"

"Yeah." Replied the chippy owner.

"Good," says the bloke pointing at the salmon, "it's his birthday."

I do have plenty more, but I'll get banned for life from here if I post them.

I really don't want to be the first one out of the chippy with a bag of chips when all of this is over.

Whoever gets that oninous pleasure is gonna get torn to shreds by starving hungry seagulls.

The definition of irony: Getting a sixty quid fine for being outside 'unnecessarily' from the copper who told you they hadn't the manpower to investigate, when you were burgled 6 weeks ago.

Yes, very quiet here of late.

There are quite a few up today. I hope I'm wrong, but think this is a dead cat bounce. We'll see over the next few weeks

Causal.

Perhaps so.

I do concur though I, as I'm sure many others too think that there could well be more small drops coming over the coming months across the board. This will take a while to get over I think as trading update RNS's filter through. There will be bargains to be had for the swing traders with a few bob to spare.

I wonder how a "dead cat bounce" beer would be taken by the public.

Given how easily the snowflakes among us get offended I imagine it would go down like the Titanic.