tradingup
19 Sep 2017
Re: CHEERS! PEShare your concerns about the sp decline in past year but has also affected other pubco's -MAB being one notable disaster zone for quite a number of years. Just live in hope of aMARSrecovery but as so often is the case a fairy rapid decline can take years to recover. Justwish I had chosen Weatherspoon who seem to be immune to the consumer slowdown.
PIE-EATER
19 Sep 2017
Re: CHEERS! Not quite sure which share you are looking at here, but MARS has been pretty woeful over the last year with a pretty consistent rate of decline from 140p to about 100p prior to last few days. What has happened over the last couple of days is perilously close to a dead cat bounce. Compare the price movement to the relevant index and tell me I am wrong????Don't get me wrong, I am still a holder but I couldn't say that I am a happy one.PE
tradingup
19 Sep 2017
CHEERS! Good to see that in this dreary and sluggish market that we have at present MARS seemsto be holding its own and sp has come off the bottom. fingers xx
Omaha man
11 Sep 2017
Re: Always look on the bright side of li... I too have added this morning. I think the trading slowdown which Greene King referred to was the reason the shares were already priced on such a low PE high yield. For them to drop so sharply as a result feels like double counting to me.Consumer stocks are bound to be under pressure in the next few years as demand slows along with the economy. To my mind that's why you need to be in the best managed ones like Marstons.
dregor
11 Sep 2017
Re: Always look on the bright side of li... Topped up, this morning.
sparky_jay
09 Sep 2017
Re: Always look on the bright side of li... You're buying! So are the Directors!!: Ralph Findlay, Chief Executive Officer, bought 47,121 shares in the company on the 8th September 2017 at a price of 105.52p. The Director now holds 1,282,182 shares.Director deals data provided by www.directorsholdings.com
thruxie
08 Sep 2017
Re: Always look on the bright side of life. Marstons on sale 8.5% cheaper today. I'm buying!
dregor
08 Sep 2017
Always look on the bright side of life. At least we are not down as much as Greene King!Circa 13% at time of posting.
Hydrogen Economy
04 Sep 2017
Pub sector- crest of an M&A wave Telegraph Interesting piece in Telegraph on consolidation. The M&A activity may suggest the sector valuations may be due a re-rating, MARS SP could do with one.H2[link] Gerrard 3 SEPTEMBER 2017 • 3:54PMThe appetite for deals in the pub sector has been rapacious of late but many believe there could still be a queue at the bar.Dutch brewing giant Heineken completed its purchase last month of part of Punch Taverns, which at a stroke made its Star Pubs & Bars division the third biggest pub owning company in the UK.There’s also a £100m battle on for Revolution Bars, the vodka and cocktail chain which listed just two years ago but now has two would-be suitors in Slug and Lettuce owner Stonegate Pubs and nightclub owner Deltic, while US investment fund Proprium Capital is set to buy Admiral Taverns, which owns 1,000 predominantly wet-led pubs, for £220m.The move by Proprium is considered a sign future consolidators in the pub sector could well be overseas investors searching for a home for their cash which delivers them a yield in today’s low interest rate world.But equally, domestic buyers may be seeking scale in what many in the leisure industry see as a potentially tough time given the pressures on consumer spending.Chris Wickham, an analyst at Whitman Howard, says he doesn’t think the flow of deals in the sector will stop any time soon.“As an asset for private equity it is very well suited because you have very predictable rent flows and reasonably predictable income too,” he suggests.One industry insider, who did not want to be named, agrees there is “still a lot going on” and that the sale process by Admiral might have “fired the starting gun”.“There were a few people looking at Admiral and they were mostly Americans,” the analyst says.The analyst also points out bar chain Be At One, which now has 35 bars, is up for sale by private equity owners Piper and suggests Avenue Capital, the main investor in Hawthorn Leisure which bought 363 pubs in 2014 including 275 from Greene King, “might transact” given the common five-year or so timescale private equity investors maintain a holding for.This could be even more likely given founder Noah Bulkin, who runs May Capital, resigned as a director from Hawthorn in May this year and last month joined Punch. He pledged when he launched Hawthorn that he had another 1,000 pubs on his radar, which could hint at intentions by Punch. Mr Bulkin’s May Capital was involved alongside Patron Capital in the purchase of part of Punch which comprises 1,300 pubs.Heineken's Star Pubs and Bars division is now the third largest pub owner in the UKIn terms of other potential consolidators, Mr Whitman contends some of the major brewers will enter the UK pub market as it is a near sure-fire way to secure distribution and volume, the latter being a particular struggle for brewers right now given people are generally drinking smaller quantities of beer.“It’s hugely beneficial if you can tie in a brewery with pubs as brewers love to have distribution,” he says.“With small brewers the difference between being profitable and not is a route to market so I still see the brewer/pub owner business model as a very attractive one. Fuller’s does well because it has guaranteed volume.”This is something the industry insider agrees with, stating major brewers “are looking for routes to market”.Mark Brumby, an analyst at Langton Capital, thinks the pub industry is in for a tough run with rising fears about a squeeze on consumer spending and so was “a little bit bemused by the level of corporate activity”.“But these conditions might well loosen up holders who might not have thought about considering an approach before,” he suggests.“If I owned a pub company and did hav
tradingup
25 Aug 2017
Wrong station Mixed up there. Been drinking too much Banks's amber ale. should have posted to ITV!!
tradingup
25 Aug 2017
GREAT PROGRAMME LAST NIGHT Whatever the advertising trends may be, and the future wealth deriving from social media, ITVare pushing out some compelling viewing.Fortunately hopped on to an amazing programme last night about Brighton police. And it was notthe regular traffic cops or similar offering. This was about the arrest of some very nasty criminalswho had set up a robbery on a house wher children were threatened with knives.The police operation was revealed in graphic detail and from a casual first glance I was hooked to the end. so full marks to ITV for putting great effort into its on screen offering. lets hopetheir programme makers output can be refected in the sp.
Thunderbird 6
16 Aug 2017
Re: MARSTON'S PLC TRADING UPDATE 42 we... Yes, I used to think fine weather favoured the pubs but I recall that Marstons recently reported that a warm early summer reduced demand for their roasts etc, implying that the good weather actually reduced their revenue/profits ?Can't help thinking that overall, good weather must be favourable - especially when looking at my local pubs in sunny Devon !
TX2
16 Aug 2017
Re: MARSTON'S PLC TRADING UPDATE 42 we... LOL since when have we had warm settled weather from April to October esp in the area around Wolverhampton & Dudley!It is something retailers dream about but rarely get......We will have to hope punters are still turning out for their two for one Pie & Chips.
PIE-EATER
15 Aug 2017
Re: MARSTON'S PLC TRADING UPDATE 42 weeks ... From the wk 42 trading statement..."In Taverns, like-for-like sales for the 42 week period were 1.9% ahead of last year, with growth of 2.4% in the last 12 weeks of the period, principally reflecting the benefits of the warm weather in June."Given the weather since then I suspect all pub groups will be suffering. Not entirely sure, but can't recall a day since then when it was completely dry. Without warm settled weather people will not head out to beer gardens in numbers.Suspect that is one contributing factor to the price malaise.PE
tradingup
15 Aug 2017
Re: Marstons for ever. DeepI do buy other stuff as well in Tsco doing my best to prime its sp!!!
