Belhaven Grp. Share Discussion Threads

[paulf99] 14/1/2005 14:35

RNS announcement yesterday:

"The Belhaven Group plc, Scotland's leading regional brewer, with integrated
brewing, distribution, pub retailing and tenanted estate management activities,
is pleased to announce that Ron Robson, MA, CA, has been appointed as Group
Finance Director with effect from 4 April 2005. David Morrison, who has given
distinguished service to Belhaven as Finance Director since 1989, will retire at
the end of March 2005. Ron will join Belhaven at the start of March and work
alongside David for a month, before taking over as Finance Director, to
facilitate a smooth handover."


This has to be good news, to have filled the FD slot with someone who seems high calibre. The relevance of his logistics experience escapes me but I guess they want skills with money more than experience of the drinks industry. The share price jumped up today, so I guess that's pleased some others too, but will it hold?

[domtheone] 06/1/2005 12:54

Some large sells now out of the way? Time for another try at moving up..

[domtheone] 31/12/2004 11:55

Director sells, great :-(

Hope for a bid next year....

[edmundshaw] 22/12/2004 11:48

Aviva /MFM have upped their holding from 4.5% to 5.8% of the company. Together with Fidelity, hold about 10% of BHG. Standard Life and Scottish Widows were reducing earlier in the year...

Nice to see the institutional interest and explains large price fluctuations. I'd rather invest in Fidelity UTs than SW or Stanlife from past experience!

In the end I think the value will out...

[bolter] 10/12/2004 17:44

Late MM buy at full offer plus two more, looks like you're right about me chopping in too early...still..c'est la vie!

B.

[domtheone] 10/12/2004 17:04

x div on Wednesday.

460-470 by then....

[bolter] 09/12/2004 15:28

Point taken and think BHG may well be taken over at some stage. However, 6% (net of costs) over 65 days equates to a net APR of 33.6% which will do me for now. Seen "paper profits" blow away so many times I'm getting a bit cautious.

Actually been doing quite well recentsly, grabbing quick 5-10% profits in boring stocks (with low BB followings) such as UNIQ, JSG, GFRD & BHG etc.,

Anyway, best of luck....

B.

[edmundshaw] 09/12/2004 11:15

Think Bolter may be a year too early ;-) 6%? not very ambitious, and at that rate charges will eat intio profits pretty big...

[domtheone] 09/12/2004 10:49

think you may be a week too early but good luck all the same...

[bolter] 09/12/2004 10:33

Taken my nice 6% net this morning. Will keep on watchlist...good luck to holders.

B.

[domtheone] 06/12/2004 16:06

2p spread.

Do they want our shares?

[edmundshaw] 06/12/2004 15:54

DJ you're just a barrel of laughs ;-)

[diogenesj] 06/12/2004 15:47

Well, I never say no to a capital gain, E - tax or no tax. :-)

[edmundshaw] 06/12/2004 15:17

Burtonwood was 43% above quite a good last closing price. BHG priced comparatively lower so £6 looks not far off, I'd hope for at least that; but would the current board sell at that level? They may have confidence they are worth more than that if they can continue expansion further; the scottish newspaper that commented they were nearing expansion limits looks a bit off the mark to me; they are aiming at 300 pubs to end of next year; Burtonwood, a smallish regional group, has over 400 sharing with local competition. I'd have thought BHG could beat that number...

If they do, I hope they negotiate some kind of convertible bond issue or other trick which prevents a big capital gain tax hit from hitting us private investors...

best regards,
E.

[domtheone] 06/12/2004 15:06

any feelings on what such a takeover price would be, £6?

[domtheone] 06/12/2004 13:32

Well if the price shoots up 7p on announcements like this then let's have a few more ;-)

[edmundshaw] 06/12/2004 12:32

FD sells a bit again (for CGT utilization he says).

Sold last year and the year before if I remember right; some FDs just do, it has no meaning IMO.

[shirishg] 05/12/2004 15:03

Post removed by ADVFN

[diogenesj] 05/12/2004 13:29

Belhaven cheer threatened by fresh air and predators, according to an article in Scotland on Sunday today:

[chutes01] 30/11/2004 07:26

Great results again, continuous growth delivery, very well run indeed.
Pub division doing well, it could be even better though, recently I was in a Belhaven pub in Montrose, 2pm, no-one in, waited 5-6 mins for a barmaid to appear, asked for a pint of Best, she went to pour it, then the barrel ran out, went to change it, but none left until the day after next, pretty poor I thought, went to another pub and had a pint of Tennents lager.
Was going to sell some BHG yesterday after the inital rise, need the money for Xmas, but couldn't bring myself to do it !
Fri/Sat nights, the pubs are just raking it in, looks as if the accounts are run pretty tightly.

[thecleaner] 29/11/2004 18:47

Bought a few this morning, looks like a consistent growth story. Good value.

[edmundshaw] 29/11/2004 15:28

Perhaps JBC will be the next? Just a thought...

[diogenesj] 29/11/2004 15:07

Alas, no. :-(

[edmundshaw] 29/11/2004 14:53

Anyone else here hold BND as well? Preliminary bid talks there :-)))))))