Chicken Lips
08 Jul 2015
Re: Tempus in the Times Yes nice spot
espite its name, Young & Co’s Breweryis not a brewery. When it closed its historic Ram Brewery in Wandsworth, south London, in 2006, it handed production of its beers to Charles Wells, the Bedford brewer, and kept a 40 per cent stake in a newly established joint venture. It has sold that stake since, though, and no longer has anything to do with brewing.What Young’s does do is run pubs and, as yesterday’s first-quarter trading update shows, it runs them pretty well. Like-for-like sales in its core managed pubs operation rose by 5.6 per cent, ahead of the market, with food up by 7.8 per cent, drink up by 4.2 per cent and its hotel accommodation up 11.9 per cent. Total sales, including the eight pubs it bought last year, grew by 8.3 per cent. Steve Goodyear, the chief executive, says he’s hopeful that Young’s can keep the momentum going, helped by the Rugby World Cup and some decent weather.It is also reaping the benefits of judicious investment, with three new pubs in Nine Elms, Tooting and Woolwich under development. With consumer confidence growing, its premium pubs should continue to prosper. Buy.Total sales +7.8%Like-for-likes +5.6%MY ADVICE BuyWHY Economic recovery to boost consumer confid
off the lip 2010
08 Jul 2015
Tempus in the Times There is a very positive report in The Times today from Tempus, giving a BUY recommendation
pharmaspecialist
03 Jun 2015
Re: NEW ARTICLE: Edmond Jackson's Stockw... I actually ended up buying some of both classes of share, but most are the voting shares. My impression from holding them for a while is that the voting shares tend to respond to newsflow more closely than the the others. This is what you would expect as I am sure they are more liquid as they are the ones that most people know about. Certainly if you think there is any chance of a takeover the voting shares would be better as it is possible (but by no means certain) you might get better terms because of your ability to vote but I do not think that a takeover is likely. I don't actually think there is a lot to choose between the two classes of shares but if you like dividends then the non-voters would be better because of their more generous payouts. If anyone has other opinions I would be interested to hear. I should add that I continue to be impressed with Youngs and am glad I purchased the shares.
ookyfly
02 Jun 2015
Re: NEW ARTICLE: Edmond Jackson's Stockw... Pharma: apologies. But now see your post of last year re YNGN. At the time, you preferred the voting shares. Still your view - or not?
ookyfly
02 Jun 2015
Re: NEW ARTICLE: Edmond Jackson's Stockwatch... Pharma, are you sure that both classes of shares are available to the general public? I had thought not.
off the lip 2010
26 May 2015
Re: NEW ARTICLE: Edmond Jackson's Stockwatch... I agree with you, this is a sadly neglected share, but it is by far the best share in my portfolio: very low volatility, steady income and it is up over 100% since I bought a few years ago.
pharmaspecialist
26 May 2015
NEW ARTICLE: Edmond Jackson's Stockwatch... Another article on Young & Co today from Edmond Jackson. The lack of discussion since the last article perhaps suggests how little interest there is in this share from retail investors which is surprising as I agree with the merits of Young & Co as discussed by Mr. Jackson. However, this latest article once again ignores the fact that there are two classes of Young & Co shares and any prospective investor needs to decide which class to buy so it would be really useful if Mr. Jackson could discuss this fundamental point in his next article about this company - thanks.
II Editor
25 Nov 2014
NEW ARTICLE: Edmond Jackson's Stockwatch: Pick this "safe" AIM share "The debacle at LSE:QPP:Quindell has triggered a spate of advice that AIM-listed shares are highly speculative and require diversification or the use of a fund. Yet I can show how to identify a "margin of safety" that makes an AIM share a ..."[link]
