Wetherspoon ( J.d.) Share Discussion Threads

[doombarman] 16/4/2024 17:57

These are being bought up on the drops by those with deep pockets...Tim knows it will hit a tenner

[isis] 15/4/2024 09:00

He bought two lots - he's not daft! :-)

05-Sep-23 01-Sep-23 Buy Timothy (Tim) Martin 700.41 GBX 968,544 31,743,253
04-Sep-23 01-Sep-23 Buy Timothy (Tim) Martin 700.00 GBX 968,544 31,743,253

[mr.elbee] 15/4/2024 08:52

this is the latest link to list JDW from this is money

[isis] 15/4/2024 08:26

He bought two lots, £12m earlier last year:-

06-Feb-23 01-Feb-23 Notification of Holding Timothy (Tim) Martin - - - 30,774,709
01-Feb-23 01-Feb-23 Buy Timothy (Tim) Martin 457.25 GBX 2,600,000 30,774,709

[mr.elbee] 15/4/2024 08:14

it doesnt hurt though

[bountyhunter] 14/4/2024 16:30

Found it. I wouldn't say he has just bought them as it was a few months ago..

[bountyhunter] 14/4/2024 16:27

>> 'Martin has just put his own powder to work, buying £7million of shares at £7 a share,'

When was that? I missed it.

[mr.elbee] 14/4/2024 15:27

from this is money

JD WETHERSPOON (FTSE250)
Value for money also lies at the heart of pubs business JD Wetherspoon. From morning to night, its outlets usually see its customers enjoying cheap food and drinks.

Yet despite emerging from the pandemic in a stronger position than many of its rivals, its share price is still some 50 per cent lower than it was pre-lockdown.

Ben Needham, of Ninety One, believes the business, led by chairman Tim Martin, has 'some of the most untapped pricing power' among UK domestic businesses and will benefit as more competitors withdraw from the sector. Greater value sales will result in bigger profits.

'Martin has just put his own powder to work, buying £7million of shares at £7 a share,' says Needham. 'Founder owners buying their own stocks is often no bad signal to investors looking for an investment home.' The shares are currently priced at £7.42. It does not pay a dividend and will not do so until profits return to pre-pandemic levels.

[gozzie2] 13/4/2024 14:23

Only came to Chorley last August and already 2 pubs have closed .One next door to Spoons. Shame but that's life .

[isis] 13/4/2024 12:43

Yeah they were overall profitable and most Pubs where I live are very busy over the Weekends even the most expensive ones.
This Private Equity with loaded up debt has ruined the High Street with the demise of so many Companies under this policy!

[darrin1471] 13/4/2024 09:44

Probably better for JDW if Stonegate continues to struggle under it own debt pile.

"Stonegate is domiciled in the Cayman Islands and ultimately owned by TDR Capital, a private equity firm that also owns Asda."
"Stonegate Pub Company, which has a network of more than 4,400 UK pubs and bars including the Slug & Lettuce and Be At One chains, said it had not yet agreed new loans to replace debt due for repayment in June 2025."

If Stonegate went bust, most of the pubs would remain open, split up into smaller chains without the cumbersome debt.

[bountyhunter] 12/4/2024 14:54

..and as a shareholder you always feel even better when you visit a Spoon's establishment!

[gwatson56] 12/4/2024 14:19

Daily Mail article had JDW as one of its to 20 UK shares to hold. Looking for £7.35 to £7.37 for more buys from me. Within 3 mths see no reason for this share to be above £8.50. Great share imo to hold long term.

Edit 15.50…. Order filled, set another limit buy @ £7.27

[isis] 12/4/2024 12:49

The Clapham one is getting so packed these days even has Door Staff on Thursdays!

[mr.elbee] 12/4/2024 12:35

other pubs and breweries could come nearer to Tim's prices[most of the current high prices are just rank excess profiteering] but they dont because they think the Great British public will keep on paying

but they wont

[isis] 12/4/2024 12:30

I met a friend in the Peckham Branch yesterday, Kentish Drovers and they had 4 specials on @£1.29 Abbot and Greene King IPA, Mad Squirrel Trident and Harvard American IPA 5.5% - that one too strong for me.
The Trident was very nice though and made for an exceptionally cheap Night out! :))

Very friendly too, other Pubs round there charging £6/£7 a pint average.

[bountyhunter] 12/4/2024 11:50

It's a great idea and would save the tax payer a fortune!

[sumday] 11/4/2024 16:49

Frankly it would be far more beneficial to us all if the HoL was turned into a Spoons.

[mr.elbee] 11/4/2024 16:10

the thing is Tim wasnt joking!

[bountyhunter] 11/4/2024 15:37

Why stop there, Buckingham Palace would make a great Spoons! ;-)

...only joking

[mr.elbee] 11/4/2024 15:21

Just been to our local Spoons for the fish and chip special and read the summer blurb and letters to and from Tim.

get this!!

If it comes up for sale he wants to turn the House of Lords into a Spoons !!

as one jock on these threads used to say.......

"Intae 'em Timmy!!"

[kinwah] 11/4/2024 13:06

I'm not sure there's much in the Stonegate portfolio to interest Tim. Many are clapped out local boozers but the Kings Head in Chingford is a valuable gem. But knowing Tim he's probably more likely to buy the police station next door and convert it.

[isis] 11/4/2024 09:18

Good News for Beaconsfield. Another £2m Spoons going up!