Member Info for Trent700

Well, as long as my Greek getaway isn't cancelled, I'll be happy. That said I'm not going in the near term. Going a bit later in the year. Normally we go with TUI but Jet2 were just over a Grand cheaper. Happy with that.

Well I'm doing my bit.

I've posted a pic of Hobgoblin beers on the fountain of all knowledge (Facebook, to the uninitiated) saying "Forget the Corona Virus. This is a proper drink"

What time do the supermarkets open?

All we need is a massive rumour doing the rounds that Hobgoblin beer is the most effective antidote to this mild flu like virus, and we'll have a result. And a little extra dividend payment next time round too.

Plot plot.........

@ Blazingwalker

Yes and Dart Group have come out of this much worse SP wise of late. I know TUI have had a bad time of it but ouch.

Apologies again. Not, not note. I've got to stop being a lazy B'Stard and read through my comments before posting. Apologies again.

I've just realised that I responded to the wrong person 'RE my humour.

I'd pointed it at Barchid & note Fairdealer. So apologies to you mate.

* Apologies that should have read they wanted £1000 more than they usually charge us.

It's not difficult to understand why this has had such an impact on share prices in this sector, and I'm confident it will recover. Eventually.

Now, I'm not in this one myself, but that said I don't think Tui are helping themselves all that much to be fair.

Here is why I think this is so.

I am a great advocate of Thomson's. I routinely out of habit book one hotel in Greece which is specifically a TUI managed property because I love the service I get from them. I don't think twice about it. We get it for just slightly north of £3k which we are happy to pay. I'd even be happy to pay a couple of hundred quid on top. Quite happily.

This year though, they wanted in excess of £1000 for it. That being the case I looked at what Jet2 were offering. I got a hotel literally just around the corner for the day after the Thomson's flight for a grand less.

I don't particularly see myself asJ2's biggest fan, but Tui had just priced themselves out of our business this year I'm sorry to say.

@ Barchid.

Yeah well. I don't do PC ball locks to be fair. I never have. As you can imagine, ive pretty much had the usual insults thrown at me because of it. Water off a duck's back though. I love it. I do, I love it.

Perhaps my attempt at humour is a little Dier.

I really don't get what the hell all the fuss is about with all this nonsense.

I'm not worried at all about dying from it.

Statistically, you're more likely to get hit by a bus.

Or worse still, Tottenham Hotspur player.

Yes, you are correct JKG. This is a strong probably short -mid term and sp is likely to be affected. That said though, off sales from the supermarkets is likely to offset a small amount of this as people buy their favourite tipple alongside their regular shop in a bid to offset risking a trip to the pub. Every little helps of course.

I do understand why companies in this sector have crashed over the past week or so. The floods and this damn virus has pretty much fcuked share prices across the board. Some have faired much better than others. Airline shares have taken the brunt of this more than pubs and the suchlike for obvious reasons. Even Stagecoach have taken a bit of a kicking and this is a company that operates solely in the UK.

That said as Appleby suggests that 70p is possibly on the cards. He might be right. I hope not, as I think this is a bit extreme but who could rule that out?

That said I think I'm going to hold my nerve on MARS, for the following reasons.

- It is a good solid company, which is well run. Ok it has its issues with debt, but this is well managed & serviced.

- Both of these issues are external events, both are outside Marston's control. These issues will subside in due course and it's BAU.

- I'm just over a grand down, but I will recover this to a large degree when things improve. I can't afford to just throw that kind of money away for no good reason. If this company was on the bones of its @rse, as Thomas Cook & Flybe were that would be an entirely different story. Sometimes you do have to cut your losses and and walk away. But Marston's is nowhere near that scenario.

Just my view of course. Others may hold a different view and this is understandable.

Just to pour a little pep talk into proceedings.

70p. Appleby? That's a bit harsh isn't it?

That said, if you're right, no one would be more happy to borrow some funds from somewhere for one of my cheeky top ups.

Hopefully this has no further to drop. My boxers can't take much more lol

@ Lurka

Good luck to you.

Good points Barchid. Of course doing up the pubs with the insurance company meeting some of the cost would be helpful. But this is both a blessing and a curse. Doubtlessly the insurance premium will increase when we come to remew.

Relating to lost income & profit, playing Devil's advocate, there will be some lost revenue & profit. We'll have to accept that which will of course effect dividend payment and of course the sp getting ripped to phuck on the back of it. Again, we'll have to wait & see how badly this turns out to be. It would be foolish to not expect some loss in trade/profit.

That said, off sales from the supermarkets should eleviate some of this .
Just my thoughts of course.

@ Barchid

I think it is. All this Cironovirus and flooding are both items out of Marstons control and will recover. Eventually. There may well be short term carp to deal with.

But this is a well run company, ok it has its debt issues. But so far is servicable. I'm holding my nerve. Im not willing to sell unless something changes to give me a gpod reason to do so.

You got a bargain there fairdealer. Well done.

It's good to see some recovery occurring now. The last few days have been quite monstrous for the leisure sector because of all this.

I've only been monitoring 4 random companies in this sector, MARS, MAB, Dart Group & TUI. All 4 have took quite the beasting. Dart &TUI more so for obvious reasons, but all 4 have made good recovery so far this morning, which is encouraging.