Greene King Share Discussion Threads

[jeffian] 11/1/2013 13:53

I don't disagree with you about the market generally, wc, but GNK does not look overvalued even at this level. Historic PER of 12.4 and yield just under 4%. Over the long term, the 'regionals' used to trade around PER 14. It'll be a steady grower with a good dividend stream and that still fits the bill for me.

[wad collector] 11/1/2013 13:12

Decided to take profits at 655p. The market is looking a bit inflated to me , I think there is a good chance of a drop here.

[wad collector] 11/1/2013 10:17

New 4 yr high and a spread of only a penny. I could get to like the 2013 Stock Market.

[mozart999uk] 10/1/2013 08:37

Thanks :-)

[libertine] 09/1/2013 16:44

Greene King Plc

Travel & Leisure

Capita Registrars, Beckenham
0871 664 0300

Minimum 100 shares.





Shareholder vouchers are issued once a year to holders on the register at the end of July each year. The vouchers offer discounts on food and drink at Greene King pubs, Loch Fyne Restaurants and Local Pubs.

[mozart999uk] 09/1/2013 16:40

How does one go about getting them? Is there criteria?

[mozart999uk] 09/1/2013 16:40

How does one go about getting them? Is there criteria?

[libertine] 09/1/2013 11:05

Yes I get them.

[apad] 09/1/2013 11:03

Anyone know if it is possible to get the shareholders' vouchers if the shares are held in a nominee account?
apad

[snatander] 09/1/2013 10:55

Business Secretary Vince Cable has declared war on pub companies who are "squeezing" their tenants through contracts that are "focused on short-term profit".
Large companies such as Enterprise Inns and Punch Taverns, which lease their properties to tenant landlords, have been accused by campaigners of hastening the demise of Britain's pubs by "overcharging" for drinks and rent.
It is estimated that 23,500 of Britain's 50,000 pubs are run on "tied" agreements, which can force publicans to buy beer at 50pc above market rates and pay "excessive" rents on the pubs they run.
According to the Campaign for Real Ale, more than 3,500 tied pubs have closed since 2009.
Mr Cable announced plans for an independent adjudicator with the power to fine large pub companies if they are found to be exploiting their tenants. The Department for Business, Innovation and Skills (BIS) will also consult on a statutory code to stamp out poor behaviour.
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Mr Cable said: "There is some real hardship in the pubs sector, with many pubs going to the wall as publicans struggling to survive on tiny margins.
"Some of this is due to pubcos exploiting and squeezing their publicans by unfair practices and a focus on short-term profits."
BIS says it will ensure tied pubs will be "no worse off" than publicans who are on contracts that allow them to make their own decisions.
The crackdown was announced ahead of a debate in Parliament today, at which the Government was facing a potential revolt.
It was feared rebel MPs could side with Labour's shadow pubs minister, Toby Perkins, who was pressing the Coalition to stand up to "greedy" pub companies.
The beer industry already has a voluntary code of behaviour and recently introduced its own arbitration board, the PICA-Service. But campaigners say self-regulation has been "a farce".
Greg Mulholland, chair of the all-party Parliamentary Save the Pub Group, said: "The reality is that the big pubcos continue to overcharge their licensees in inflated prices and higher rents and the only way to stop this unfair business practice is for the Government to step in."
The surprise move was greeted with dismay by the pub industry, which raised concerns over how the statutory scheme would be funded. Industry figures stress it is not in their interests for their tenants to fail.
A spokesman for Punch Taverns said: "We are disappointed that self-regulation was not given time to work but will now work with others in the sector to help ensure statutory regulation is as effective as possible."
Enterprise Inns said: "We note the government's announcement and look forward to contributing to the consultation process in due course."
The British Beer & Pub Association said the industry had "made considerable progress in establishing an effective system of self-regulation."

[wad collector] 20/12/2012 21:09

Looking solid for the New Year.

[losos] 19/12/2012 12:51

Ex-Div today - the usual mark down by the MM's on open, then back above yesterdays close, then back down to todays open, what are they playing at ?

[wad collector] 18/12/2012 22:20

IC buy tip last week at 617p citing the selling of weak pubs and growth of the managed estate.

[wad collector] 26/11/2012 12:54

2013 2014
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Panmure Gordon
23-11-12 HOLD 158.00 55.50 25.90 166.00 59.00 27.60
Peel Hunt
20-11-12 BUY 156.84 55.03 25.81 160.72 57.13 26.80
Shore Capital
16-11-12 HOLD 160.00 56.30 26.00
Investec Securities
14-11-12 HOLD 160.60 56.20 26.40 169.70 60.20 28.20
Numis Securities Ltd
06-11-12 HOLD 159.50 55.80 26.00 166.80 58.10 27.30

[libertine] 09/10/2012 13:35

09 Oct Greene King PLC GNK Deutsche Bank Equal weight 597.25 624.50 - - Downgrades

[noslien] 09/10/2012 13:00

What's with the big fall today - anyone know anything?

[mozart999uk] 09/10/2012 09:21

Thanks APAD

[apad] 09/10/2012 08:21

Long-term secured against property. T'was ever thus with this sort of business.

apad

[mozart999uk] 09/10/2012 08:16

Looking at these as a possibility. Anyone have any thoughts on the high net debt?

[jeffian] 04/10/2012 17:09

New recent high today.

[jeffian] 10/9/2012 12:45

There was renewed speculation in the weekend Press about a merger between GNK and MAB (I think on the back of some Deutsche Bank report on the industry). I sincerely hope not, for GNK's sake. With almost 50% of MAB equity in the hands of Lewis and Magnier, why import those sort of predatory shareholders onto the GNK register?

[apad] 04/9/2012 13:03

I'd be reassured by some comment on Loch Fyne. I've eaten at 2 places (Milton Keynes and Beaconsfield); the first one was excellent, the second one dreadful.
Anybody else any experiance?
apad

[hyden] 04/9/2012 10:27

Agreed jeffian. Been holding these a number of years since they were £4.00 and I see no reason to sell out yet. The company continues to issue reassuring updates and this will be reflected in the share price over the longer term imo.

[jeffian] 04/9/2012 09:46

'In line' or not, I think it says more about 5%+ l-4-l increases in a static market. Good performance.