Spirit Pub Share Discussion Threads

[jonc] 27/7/2012 11:32

Big volumes on an up day bodes well.

[jonc] 25/7/2012 08:16

I'll drink to that.

Hopefully this hot spell and the olympics will give trade a boost.

[battlebus2] 04/7/2012 11:57

Yep the future looks exciting here, heading for lunch to help those profits along :)

[jonc] 04/7/2012 11:55

Indeed Chris I am confident for the future taking a three to four year view.

Thanks for the info.

[chrisg] 04/7/2012 11:42

Looks like Glenview Capital is unloading. On Monday an RNS said they were down to 17.43% from the 18.37% level just a month previously. The current share-price action suggests that they are still selling, and until the tap is turned off, we won't see any significant or sustained bounce in the price.

Also, Old Mutual are shown as 5.42% in the last Annual Report, and they recently reduced to 4.95%, so maybe they are selling as well.

Taps can provide opportunities, as long as the company is trading well, and the most recent trading update spoke for itself.

[jonc] 04/7/2012 10:27

It's taking a right kicking.

Bloomin markets.

[battlebus2] 29/6/2012 08:24

More great volume here, 5 million yesterday.

[battlebus2] 26/6/2012 19:10

large volume today and back to 50p :))

[battlebus2] 13/6/2012 18:08

Followed the CEO and bought more today-CEO BUYS 109,289 SHARES

On 12 June 2012 Mike Tye, CEO, purchased 109,289 shares in the Company at a price of 45.75p per share. As a result, Mr Tye now has interests of 405,757 shares in the Company which represents 0.06% of the total voting rights in the Company as at that date.

[battlebus2] 12/6/2012 18:22

Yes we all noticed it to be honest they have always stated the figures that way. Given time this will diminish considerably. They are still outperfoming all others.

[chrisg] 12/6/2012 13:49

I think the markdown was because of the figures on the Leased division, which were kept out of the headlines of the RNS, and you had to scroll down to see them. Net income from the Leased division was down by 8%, and the related commentary said they were trying to stabilse the income in that division. Yes, it is non-core, and the assets are either being held for ultimate transfer to the Managed division or progressively sold off, but the size of the division is still significant, and there is a fair way to go yet, so net income down 8% was understandably kept down towards the foot of the RNS! But people obviously still noticed it!

[nurdin] 12/6/2012 08:17

Dont know why we have been marked down..thought it was a pretty decent update!

[battlebus2] 12/6/2012 07:16

Decent update imv-"We have delivered another quarter of good growth against a very strong trading period last year. Continued Innovation and investment in our managed estate, people and brands has enabled us to once again to significantly outperform the market*. Our focus is now on maximising sales in our managed pubs during what promises to be a busy summer and stabilising performance in our leased estate. Whilst the consumer environment remains uncertain, we are confident in making further progress this year and remain on track to deliver our full year expectations."

[battlebus2] 09/6/2012 18:32

According to I.C. there is a trading update on Tuesday.

[battlebus2] 08/6/2012 11:47

The spate of recent broker downgrades isn't helping the current shareprice.

[battlebus2] 01/6/2012 16:46

Glenview Capital Management, LLC notified the Company on 1 June 2012 that as of 31 May 2012 it held voting rights in respect of 121,202,730 shares in the capital of the Company which represents 18.37% of the total voting rights in the Company as at that date.

[christabel2] 01/6/2012 08:22

That shareholder must have been in our pub. It was packed in the hot weather last weekend.

[battlebus2] 31/5/2012 18:54

Fabulous volume today with that 7 million x 2 trade.

[battlebus2] 17/5/2012 16:09

Yep and Marstons pay a decent dividend.

[christabel2] 17/5/2012 16:05

Good result from Marston's. I'm sure Spirit are doing even better. Our local is still heaving.

[battlebus2] 09/5/2012 17:51

Yes fabulous volume maybe a safer haven for some insts given the Euro crisis.

[jonc] 09/5/2012 13:43

Some chunky trades today.

[battlebus2] 02/5/2012 17:25

Yes looking rather good on a down day too, it'll be very pleasing to get back to the 60p mark again.

[christabel2] 02/5/2012 10:45

Slowly,slowly,catchee monkey.