Wetherspoon (J D) Live Discussion

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fynne 22 Jan 2020

Overpriced … and I thought it was “us brexiters” who did all the flag waving ? Same attitude/ different flag maybe …

frog_in_a_tree 22 Jan 2020

Overpriced

Ripley94 22 Jan 2020

Overpriced JDW… XXXX 5 year high few days after election landslide @ 1734 . Fallen back a little since now 1570 ?? … #BoycottWetherspoons fails again: strong trading update and heroic Tim Martin lets rip on woke failures & parasites once more BY TOM WINNIFRITH. … The #BoycottWetherspoons campaign by remaoning Brexit haters continues to fail. For the first 12 weeks of the second quarter to 19 January 2020, like-for-like sales increased by 4.7% and total sales by 4.2%. Take that snowflakes, stick that and your copy of today’s Guardian where the sun don’t shine. Heroic Wetherspoon (JDW) boss Tim Martin once again did not hold back on a range of matters in the accompanying statement lambasting among others the BBC, CBI and the corporate governance bores run by a Marxist, PIRC. The great man opines thus:

wessexmario 29 Jan 2019

JDW staff and voters protest I don’t know if shareholders are aware, there’s a huge revolt happening on Facebook against Tim Martin being overtly political and promoting his political views in the company magazine that is being distributed across the chain, and by the post office to households nationally. Staff have stared a campaign against him bringing his politics into the workplace, and using company advertising for political ends. They’re not particularly happy with him having assets of over £400m and many of them being on minimum wages with poor working conditions. Voters are being encouraged to boycott the pub chain, and to post ‘return to sender’ the magazine back to the company in protest. Search for the ‘Spoons Workers Against Brexit’ Facebook group to see the protest.

Ripley94 16 Mar 2018

Re: Overpriced Why didnt i follow my instinct and buy into spoons it was a great idea and seems to be getting better and better.Its out performed many i did pick .

II Editor 24 Jan 2018

NEW ARTICLE: JD Wetherspoon: Cheap beer, pricey shares "Tuesday night is usually steak night at LSE:JDW:JD Wetherspoon 's 900-plus pubs. Except last night there was no steak. Punters were unhappy, triggering a torrent of negative headlines after Wetherspoon admitted to a supplier issue.But the chances ..."[link]

markdalton 03 Jan 2018

Re: Xmas trading update? Arrghhh.....found answer to my own question tucked away in the foot of the last trading update. Trading update is scheduled for 24th Jan. Methinks it will contain good news

markdalton 03 Jan 2018

Xmas trading update? Anyone know when this is scheduled?

tomhawbuck 25 Oct 2017

Le patron mange ici Interesting resolutions for the Wetherspoon annual general meeting and general meeting on 9 November. At the agm , the board is seeking approval to buy 15,825,155 Wetherspoon shares which they are proposing to cancel (subject to market conditions/capital requirements etc). The effect of this will be to increase the proportion of Wetherspoon shares which are held by Tim Martin the founder, his family and a trust from just over 31% of the company's shares to ~37% (provided they do not sell any shares). The Takeover Panel has given a waiver to rule 9 which would have required Tim Martin and family to make a bid for the outstanding shares in the company. This waiver is subject to the agreement of non-executive directors and shareholders, hence the general meeting. The Tim Martin and family group (referred to as the Concert Party in the documents) will not be voting. Wetherspoon has a long history of buying and cancelling shares, having spent ~£279.3 million since 2007 on this process. I will be voting in favour since I think it shows a serious commitment to the company by Mr Martin. Every time I go into a Wetherspoon I am impressed by how busy they are. The one in Eastbourne had a respectable number of visitors at 11.30am one day last week when I bought coffee. What Mr Martin's long-term strategy for the company might be and whether it will still be listed in 10 years is something I don't know but is the sort of issue which could be profitably be discussed over a pint in one of his establishments.

Mark Y38 21 Sep 2017

Why the continued rise Following on from the previous posts, anybody really understand why these shares have been doing so incredibly well in the last few months? It seems to break its 52 week high almost every day and keeps going up. I thought the results were OK but nothing spectacular (once you could find them after ploughing through Tim Martin's usual diatribe). The margins were better than expected but the forecast for the coming year was still cautious so I don't really understand the current level. Of course I am happy with it but am wondering if it may be time to cash in the profit here especially as the dividend has not been increased for at least 5 years and is currently at a yield of only 0.98%.

Martin John13 20 Sep 2017

Re: Why the sharp fall today? My comment was made way back in May 2017 and does not relate to recent performance.

maproom 20 Sep 2017

Re: Why the sharp fall today? I'm not seeing a sharp fall. They fell briefly from 1232 to 1224, and soon recovered. In fact I'm surprised they're so high, considering that the four broker forecasts published since their recent results have valued them at 950, 910, 975, and 1250.

Martin John13 17 May 2017

Why the sharp fall today? Any ideas on why the sharp fall today....have I missed some important news?

RAConnell 15 Feb 2017

Re: Overpriced Tim Martin will get his Brexit comeuppance as import costs rise and he cannot replace his EU staff with Brits; not to mention higher business rates costing him more.

nicname 11 Nov 2016

Re: May be of interest... I see that they are developing an old church with one massive steeple into a pub in Belfast.I bet the toilets will be right at the top of the tower - as are all their other loos!!

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