City Pub Share Discussion Threads

[h0me] 01/10/2021 16:31

Someone coming in for these?

[lancasterbomber] 26/9/2021 12:19

We need some panic buying of beer!

[charlie9038] 26/9/2021 12:14

CPC 46.30

Now in the green zone daily average up

GLA

[charlie9038] 23/9/2021 07:50

Good TU today

[ditchsid] 21/9/2021 20:19

lindowcross I got into CPC because of the great job they did with Capital Pub. Covid lockdown and subsequent price drop hurt like hell. Will keep the faith.

[lindowcross] 21/9/2021 10:30

Ditchsid, "You must have been in City pub since the EIS days" if you referring to me? Then no, I was not clever enough to do the EIS, although I do remember reading about it. My first purchase in CPC was November 2017 at a whopping £1.79p Well done to you for getting in that early!

[essentialinvestor] 16/9/2021 22:36

lol!, sign of the times eh - edited.

[w13ken] 16/9/2021 22:24

Ha ha, interesting typo! I think that should be vacancies :-)

[essentialinvestor] 16/9/2021 20:59

Issue atm, staffing costs - over 200,000 vacancies in hospitality at present.

See what they have to say on costs shortly.

[ditchsid] 07/9/2021 09:16

You must have been in City pub since the EIS days. I bought at £1 and £1.20 and HMRC knocked 30% of that off my tax bill. Very nice.

[w13ken] 06/9/2021 16:48

Thanks for the clarification. I agree that CPC would be an excellent buy for a bigger group as they own a great selection of quality pubs and venues.

[lindowcross] 06/9/2021 12:16

The team currently running City Pub, earlier ran the Capital Pub company, which Greene King took over in 2011, paying circa £2.35p per share. Above I'm responding to Ditchsid who cited Capital Pub as support for the notion that City will be bought out at some point.

From my point of view City Pub has a much greater chance of being taken over than, say, Youngs or Fullers, because the management team with signficant stakes have a track record of being receptive to take overs and do not have the weight of tradition and longevity hanging over them as with the much larger independent groups. £2.80 per share for City Pub would be small change for some of the big, international brewers and they can pick up a tasty portfolio of well-run pubs. I've just topped up today on City.

[w13ken] 06/9/2021 11:38

Is that the same share or is that general pub share chat? The City Pub Group IPO was in November 2017.

[lindowcross] 06/9/2021 10:22

Correct, I did have a modest holding in Capital and I believe this business is being built for sale at some point. What Melrose is to engineers, CPC is to pubs.

[ditchsid] 05/9/2021 19:50

I think lindowcross can remember Capital Pub. And other projects by the same team.

[charlie9038] 05/9/2021 10:55

what makes you think they will be bought out?

[lindowcross] 04/9/2021 10:38

When someone takes this company over they'll have to pay north of £2.00, so I'm sitting on my shares bought in tranches ranging in price from 2.14 in July 2019 to .45p in March 2020 waiting for the offer to come in.

[wad collector] 02/9/2021 15:54

"Anyone know whether the pubs are busy?" C'mon Alan get out there, make them busy!

[w13ken] 01/9/2021 21:17

Pubs, restaurants and hotels in general are very busy so I assume the same for CPC pubs as they are quality establishments.

[alan@bj] 01/9/2021 16:14

I thought this would rise after restrictions came off. Anyone know whether the pubs are busy?

[w13ken] 15/8/2021 22:30

Turk's Head in Exeter to open soon. CPC are bringing a classic pub in Exeter back to life...

[charlie9038] 29/7/2021 13:12

Why the sell of today?