dandigirl
15 Mar 2018
City Wire Money An interesting piece in the above today. Regret but I can’t post a link.It references that “some large pub groups are running a tired and dated business model, and a business model that is underinvested in”. It goes on to suggest a couple of solutions.Needless to say I thought of MAB. It is to be hoped that Mr Urban and the Board take heed.
dandigirl
14 Mar 2018
Re: Note to Mr Phil Urban, CEO Thank you TradingUp. I didn't expect much reaction to this given that nearly 70% of MAB is held by 4 names: Piedmont 26.7%; Elpida 23.4%; Standard Life 14.3% and Smoothfield 4.4%. Each appears to have a NED representing their interests! One can only imagine what they do at Board Meetings. My guess, turn papers and go to lunch. They do not appear to understand that their job is to challenge for if they did the current state of the company would not be allowed to continue. Personally I think that Urban and Jones have plundered the company enough and should go. Jones should be producing a financial analysis for the Board to consider. Is he? It appears not as the company just marks time from one report to the next while the sp falls. I was hopeful that Urban might turn things around. He hasn't so time to go - and take Jones with him. However, if these 4 investors are happy with the state of affairs maybe they should raise the £400m or so to take MAB private and release the 30% from this miserable management. It is to be hoped that someone with influence will take note for without some vision MAB's sp is going nowhere.
tradingup
09 Mar 2018
Re: Note to Mr Phil Urban, CEO great note dandigirl. thought Urban would re invigorate the company but no such hope. as you postedearlier the group has so many brands they're tripping over each other.I do believe there is huge potential here but its not being unlocked by Mr Urban thatsfor sure.
dandigirl
26 Feb 2018
Note to Mr Phil Urban, CEO You ought to be ashamed of yourself. Under your watch the sp had more than halved. You were appointed as CEO in early 2015 when the sp was near to £5. Just look at it now. Meanwhile you pocket a huge remuneration package now amounting to over three-quarters of a million plus, plus, plus. How can this be justified?Under your watch the sp shows no sign of recovery whatsoever. Please read a beginner’s guide to running a company for there are some obvious things you can do to increase shareholder value. I am sure your FD, who is similarly over compensated will be able to help you.Astonished that major shareholders like Piedmont and Elpida tolerate these poor performances. The raft of NEDs sitting on the Board are doing what exactly to look after the interests of the shareholders they represent?Shame on you all! At the next Board Meeting you all need to take a good look at yourselves and your complacent performances. You are way overdue having a Board Effectiveness review.If there are no signs of rejuvenation by the time of the next results I hope the 4 major shareholders will get together and bring about much needed to change. Mr Urban, you are on notice! Do please be in touch if you would like some guidance as to what to do next. Get some umph and go for it!
dandigirl
25 Jan 2018
283p on 01.01.2018 Share price at the beginning of the year was 283p. Let us see where it is at the year end.
dandigirl
18 Jan 2018
Re: Brands and is there really value and potential in the German operation?
dandigirl
18 Jan 2018
Re: Brands Still of the view that the Board should reduce the number of brands. The worst performers should be reviewed in order to release value to shareholders by both capital and income. Without some drastic action, MAB will just crab sideways awaiting the next 'hit' from the Chancellor whether by tax, minimum wage increase or some other unforeseen matter.
Oxtrader
12 Jan 2018
Re: Trading update That's a nice breather and much wanted legroom for 2018. Let's see what the weather brings this year
dandigirl
12 Jan 2018
Trading update """"Trading through the core three week festive season was strong, with LFL sales growth of 3.9%. Christmas Day was a record taking day with like-for-like sales growth of 5.4% and 225,000 meals sold. Over the full 7 week period since our last update our sales performance has been encouraging, although impacted by the adverse weather particularly in the run up to the festive season. The additional (53rd) week in the previous financial year impacts comparison of sales performance across key dates within this trading season. Adjusting for this to align calendar dates like-for-like sales growth was 1.6% over the previous 7 weeks and 2.2% in the year to date. On an unadjusted basis, like-for-like sales growth in the year to date was 1.1% and total sales have increased by 0.5%, impacted by the disposals in the prior year."""
II Editor
05 Dec 2017
NEW ARTICLE: Best dividend yields and 10 'buy' ideas "With stockmarkets still close to all-time highs, it's become increasingly tough for income seekers to source stocks at a decent price. In fact, the typical dividend yield paid by a @GB:ASX:FTSE All-Share company now sits at a mediocre 3%.However, ..."[link]
dandigirl
30 Nov 2017
Brands It seems that M&B have in the region of 15 to 20 brands. This is just too many - the overhead duplication must be horrendous. In order to improve shareholder value some consideration ought to be given to selling some of these groupings including the Alex in Germany. Time to whittle down - pick the best and get rid of those performing the worst of all. Sales ought to be above net asset value given the current SP compared with NAV.
Oxtrader
23 Nov 2017
Re: Results! This has become the worst performing share for me over the past 5 years on my portfolio sadly Alot headwind ahead with costs; regulation and whatnot. Budget wasn't much relief for the Food & Drink sector. This'll be a very, very slow burner. They should never had restarted the Dividend with Debt 4.5 times the company EDBITA. So much potential risk. The share price was actually doing better without the Dividend.
dandigirl
23 Nov 2017
Results! Extremely disappointing results, again. Time for this lot to step down and give someone more capable an opportunity.
Phillip Reid
25 Sep 2017
Times Article Nice write up in the Times on Saturday (paper edition).Obviously accounts for the decent rise today, 4.16% as I write. Looking forward to a bit more.
4One
25 Sep 2017
MARS
