Capital Pub Share Discussion Threads

[237gmoney] 11/3/2010 12:53

The whole sector is up, and we all know this company is still heavily undervalued.....just keeping under the radar at the moment I suppose...

[237gmoney] 11/3/2010 12:52

How is capital pub not moving today???

JD Wetherspoons results out today.

"Record first-half profits, a successful refinancing and the reinstatement of a dividend"

Highlights:
· Turnover up 4.1% to GBP488.1m (2009: GBP468.7m)
· Profit before tax up 41.4% to GBP36.2m (2009: GBP25.6m)
· Profit before tax before exceptional items* up 17.5% to GBP36.2m (2009:
GBP30.8m)
· Earnings per share up 40.0% to 17.5p (2009: 12.5p)
· Earnings per share before exceptional items* up 9.4% to 17.5p (2009: 16.0p)
· Free cash flow per share of 15.3p (2009: 28.2p)
· Total and special dividends per share of 19p (2009: 0p)

[237gmoney] 08/3/2010 14:04

JD Wetherspoon is widely expected to announce that it has completed a refinancing of its debts when it reports interim results on Thursday. With the pub operator having indicated that like-for-like sales grew a smidgen in the first half and that total sales improved four per cent, thanks to the opening of new pubs, the focus for investors will be the terms of the new banking facilities and what constraints they might have on the group's expansion plans – Financial Times

[strollingmolby] 03/3/2010 18:08

Spotted this on iii:

Capital Pub Company in sale and leaseback move

[meict] 03/3/2010 16:48

Yesterday was my last day of my abstention but, as I can't walk I'll probably have to do (almost)another six weeks.

Where have all the byers gone?

Meic

[237gmoney] 02/3/2010 10:31

I notice property prices in london up 3% in Jan apparently according to City am


With property in central london back to pre 2008 levels, it can only be a good thing for the NAV of this company. Onwards and upwards.

[davidosh] 01/3/2010 22:41

Meict....Good to see you back. The Oakhill Tavern was bought in by the previous management in one of thse prepack deals btw as my nephew contacted the administrator hoping to get a chance to buy it.

[cockneyrebel] 01/3/2010 21:12

it's marking time - hasn't given much back in reality.

Setting up for the next new high rally imo.

CR

[meict] 01/3/2010 21:10

Gentlemen!

What has happened?

I go into hospital for a couple of weeks. The surgeons debate whether they're going to cut a few bits off me - not those bits! And they send me home alone to await my fate.

And what do I find in my absence? You've let the price slip! Come on lads, I expected it to be over a quid by now but we're well short.

So much for St David's Day, what will it be by St Patrick's?

Meic

[237gmoney] 22/2/2010 11:28

22,500 shares just gone through at 89p. seems to be the mid price soa broker to broker transaction perhaps?

Gone a bit quiet here....

[237gmoney] 19/2/2010 10:02

I noticed this a while back.....8 pubs for 15.9million. How much for 29 pubs in London???

RNS Number : 1752G
Punch Taverns PLC
27 January 2010

?
Punch Taverns plc
("Punch Taverns")


Disposal of 8 pubs to Greene King PLC ("Greene King")


Punch Taverns is pleased to announce that it has reached agreement to sell eight
managed pubs to Greene King for a total consideration of GBP15.9 million. The
pubs to be sold are freehold outlets located around Great Britain including one
in central London and one in Scotland. The agreement is unconditional and is
expected to complete on 16 February 2010.

[timbo003] 16/2/2010 20:06

237gmoney

You need to look at the trades on Plus market too



16/02/2010 14:06:57 86.50 4,250 O 3,676.25
16/02/2010 12:26:33 87.25 3,000 O 2,617.50
16/02/2010 08:38:25 87.50 3,000 O 2,625.00
15/02/2010 15:44:37 89.00 3,000 O 2,670.00
15/02/2010 15:33:16 87.50 2,500 O 2,187.50
15/02/2010 11:34:46 88.50 3,200 O 2,832.00

[237gmoney] 16/2/2010 18:49

According to the trades today at the lse all trades were buys so cant understand how this one went down today????

15:57:05 90.43 1,750 1,582.60 O
12:04:14 88.50 12,500 11,062.50 OK
12:35:36 90.40 5,500 4,972.00 O
12:03:41 90.50 3,000 2,715.00 O
11:22:50 90.50 2,188 1,980.14 O

[237gmoney] 16/2/2010 13:47

12,500 shares just gone at 88.5p which is the current mid price. share price dropped another 0.5p today when all I see is buys unless the MM's were generous and sold @ 88.5p......

[237gmoney] 16/2/2010 11:32

I notice London town is up 100% today, seems it cant make its mind up whether its coming or going but then its going to delist thursday so will be gone for good.

All very quiet here today.

[meict] 16/2/2010 00:11

Faucet seems to have some decent pubs, many of them around Tottenham Court Road and Covent Garden, a few I've been in thirty years ago when I was trying, and failing, to drink Fitzrovia dry.

The Angel & Crown and The Haven looks like a good fits for the Capital Pub Company.

I don't know the William Morris, although I think I've walked past it, it's certainly very handy for the Curry House that I use in Colliers Wood. If you see anybody in the Curry House with a white face, it'll probably be me - a BIG vegetable biriani for £3.25!

I don't know if South Wimbledon is on the up, as the William Morris might also fit.

The Oakhill Tavern in Beckenham



certainly needs to be rescued by someone.

Meic

[timbo003] 15/2/2010 21:58

and another one gone (Faucet Inns), although it looks as if it will rise like a phoenix from the ashes (leaving creditors and banks [tax payers?] out of pocket)

[meict] 15/2/2010 18:53

It is always a great pity when companies like The Bar Group and the The London Town Pubs go to the wall but the pubs will be bought by other entrepreneurs and, hopefully, most jobs will be saved.

Having trawled through their portfolios, I don't think that there's much of interest in either these companies to the one we have shares in. Checking their London pubs on Beer-in-the-Evening has pulled up no gems, I expect the appointed Administrators will keep most of them open, if only to keep the pond life off the street.

The Market Makers aren't keen to drop the price of the shares or to sell any to punters - well, not when I tried.

It was on Friday that 237gmoney mentioned that 21,292 shares had gone through at 92p, I had hoped that that would have meant 0.5p upwards, instead of downwards. Oh well, there was probably some profit taking, perhaps we'll see some movement in the other direction tomorrow.

[237gmoney] 15/2/2010 16:36

Agree David. boads well for the future as the Bar group had 20 pubs I think all with locations near to some of Capital pubs. London town just had too many pubs and werent able to look after them all....

Another busy weekend in the Alexandra in clapham, the amount of money I'm spending in that place I cant believe the share price is not over £10 a pop now!!!

Still I will keep trying.....

[davidosh] 15/2/2010 16:14

Other Pub Groups having to sell off weak performing pubs or some closing down is actually very good news for CPUB

[237gmoney] 15/2/2010 15:42

I dont think we will be hitting 90p today Meic....Not good news at London Town today, seems they have hit the wall with 407 pubs....and the Bar Group have also hit the wall this weekend just gone. Still Capital Pub are going strong. Makes a big difference having pubs in the right locations.....

[meict] 15/2/2010 12:34

An interesting morning!

The share price has fallen 0.5p to 89p.

The prices I have been offered are 88.5p - 90.96p, an average of 89.73p.

The Market Makers are willing to take somewhat larger quantities back but the most they would let me buy is 1,000.

I still expect to see 90p before the close.

Meic

[meict] 14/2/2010 09:52

Day 26

Ninety pence tomorrow and 100p by month end.

Perhaps we'll see 95p on Wednesday.

Meic