Wetherspoon ( J.d.) Share Discussion Threads

[sogoesit] 22/1/2020 08:13

Your company’s Chairman discusses the hypocrisy in corporate governance in the U.K. today.
Tim Martin always worth a read imv but more so today.

Here:

[ariane] 20/1/2020 14:14

TO BE CONTINUED ON WEDNESDAY

[ariane] 20/1/2020 14:11

LOOKING TOPPY

POST BREXIT DAY WILL IT START TO FALL BACK TOWARDS WHENCE IT CAME


Upcoming events on J D WETHERSPOON PLC

JAN/22/2020 Interim 2020 Sales and Revenue Release - Trading Update

MARCH/13/2020 Interim 2020 Earnings Release (Projected)

[johnwise] 20/1/2020 13:17

Pub giant JD Wetherspoon is marking Brexit by reducing the price of 10 drinks from January 31.

Its so-called "Let's stay friends" move will offer customers around 60p off drinks which originate in European countries including Germany, France, Spain, Poland, Holland and Ireland, as well as from across the UK.

The promotion will run until February 29 in all of the company's 870 pubs in Britain.

The drinks include Estrella Galicia (Spain), Beck's (Germany), Peroni (Italy), Tyskie (Poland), Jameson Irish Whiskey (Republic of Ireland), and Grey Goose Vodka (France).

Customers will be able to buy a bottle of Beck's for £1.49, a bottle of Peroni at £1.99, Grey Goose Vodka (175ml and mixer) for £2.99, and a pint of Ruddles (England) for £1.49 at 700 Wetherspoon pubs. Prices will vary at the other Wetherspoon pubs.

Wetherspoon chairman Tim Martin said: "Many of our customers are keen to celebrate Brexit.

"At the same time we want to remain friends with our European neighbours and offer a range of drinks at an excellent price.

"In my opinion, there has been far too much political posturing in negotiations between the UK and the EU up until now.

"The UK should aim to treat all countries of the world equally by eliminating current protectionist tariffs on nearly 13,000 non-EU imports, which cause every person, and most businesses in the UK, to pay artificially high prices for everyday goods, including rice, oranges, wine and children's clothing and shoes.

"The EU and UK need to understand that tariffs and protectionism are counter-productive.

[johnwise] 18/1/2020 21:53

These are the food hygiene ratings of every JD Wetherspoon pub in Somerset

The chain has 23 pubs in and around Somerset, all got top hygiene Rating: 5 (Very good)

[essentialinvestor] 17/1/2020 10:21

I think around 17/18X is more than a fair rating, however it's not s cheap
market atm.

[adrian j boris] 17/1/2020 10:20

Berenberg Buy 1,750.00 - Reiterates

[sarkasm] 16/1/2020 19:20

SUPPORT MIGHT BE 1450P if market not pleased with update

JANUARY/22/2020 Interim 2020 Sales and Revenue Release - Trading Update




on the other hand we might see 1600 and then 1734p

[sarkasm] 16/1/2020 19:18

UK pub numbers rise for the first time in a decade

5 hours ago




The number of UK pubs and bars increased for the first time in a decade during 2019, according to the Office for National Statistics (ONS).

The total number rose by 315, or 0.8%, last year to 39,130, driven by food sales.

The ONS said that the first increase seen since the financial crisis also saw a boost for smaller pubs.

The British Beer & Pub Association (BBPA) said it "cautiously welcomed" the news.

According to ONS data, the number of smaller venues with fewer than 10 employees increased by 85 in 2019.

That follows on from more than 15 years of closures.

High Stickland, senior statistician at the ONS, said: "While smaller pubs have been struggling to survive in recent years, bigger pubs have been growing in number.

"We'll have to wait to see if this marks a revival for smaller 'locals'."

Why are micropubs succeeding?

Changing consumer habits

The ONS suggested that the overall boost was down to "changing consumer habits".

New data shows that pubs and bars now employ more people to serve food, rather than drinks.

In 2003, roughly four in 10 employees in the pub industry were bar workers, with about three working in the kitchen.

The opposite is true today.

Some 457,000 people now work in pubs and bars across the UK, with food staff making up 43.8% of employees in the sector.

People are now spending more of their disposable income on eating out, rather than going for a pint.

Meanwhile, overall consumption of alcohol has fallen by about 16% since 2004, according to the charity Alcohol Change UK.

Despite this, and significant numbers of closures seen in recent years, the number of jobs added in the industry has generally been increasing.

There were 7,000 more jobs in the sector in 2019 compared with 2018, an increase of 1.6%.
Easing the pressures

The data received a mixed response from those in the trade.

A spokesperson for the BBPA said that association "cautiously welcomed any good news for pubs".

It added that its own data has consistently shown a higher total number of pubs in the UK, and a higher number of closures.

It also said it hoped the upcoming Budget would see further respite for pubs and bars.

"Policy makers have a great opportunity in the March Budget to help pubs flourish, by easing the significant tax pressures they face from beer duty and business rates", it said.

How much do you spend on a night out?
JD Wetherspoon 'to create 10,000 jobs over four years'
Business rates: 'We might as well hand back the keys'

Nik Antona, national chairman of the Campaign for Real Ale (Camra), also called for a review of business rates.

"Unfortunately pubs continue to close across the country, particularly in small or rural communities. This means the loss of the social, cultural and economic benefits that come with a well-run local.

"To ensure pubs survive and thrive, they need a fair tax system and stability going forward. Camra continues to call on the Government for a review of the business rates system, as was promised in the Conservative general election manifesto."

Recent analysis by the BBC's Shared Data Unit showed that councils are losing out on millions of pounds of potential business rates income because of a tax relief on empty properties.

The Treasury said it would announce a review of business rates "in due course".

[taurusthebear] 16/1/2020 11:17

Guess it's seen as a defensive leisure stock with an implied Brexit outer, given the CEO. But the easy money seems to have been made last year..

[essentialinvestor] 14/1/2020 15:08

Not sure am I looking at the right numbers, no earnings growth for the FY and
around 21X ? - that looks more than fair?.

[taurusthebear] 14/1/2020 15:02

PE a bit rich but coming back into chart range.

Could the GE share price jump be partially replicated on B-day? :0)

[johnwise] 10/1/2020 19:54

January 31 To Become UK Independence Day as Brexit Vote Passes Overwhelmingly

VIDEO

[johnwise] 08/1/2020 19:55

JD Wetherspoon pubs now let you build your own dream breakfast

The breakfasts at Spoons have just got even better after the chain of pubs introduced an option for customers to build their own fry ups at locations round the country "Spoons do a build your own breakfast for £3.65 and it’s unbelievable."

[johnwise] 08/1/2020 19:54

Jan 6, 2020

JD Wetherspoon Plans £30m Investment in Ireland

Pub giant JD Wetherspoon has revealed plans to spend £200m (€237m) on its estate over the next four years, of which £30m (€35.6m) will be invested in Ireland.

The company said it would use the cash to develop new pubs and hotels, as well as enlarging its existing pubs.

[johnwise] 05/1/2020 19:29

'It's so freaking good!': US tourist can't contain her joy as she tells TikTok followers how her 'most interesting' discovery in Britain is WETHERSPOONS

An excited American tourist discovers the British pub chain Wetherspoons and is overwhelmed by how cheap it is.

[johnwise] 04/1/2020 13:03

One pint a day keeps the doctor away

Video

[ignoble] 04/1/2020 09:56

Double page article in The Daily Mail today regarding alcohol.
It's Britain's Deadliest Drug yet it is legal and soaked into our culture.

It is a very good read...
Time to call Last Orders on a National Epidemic.
Having lost three close friends to alcoholism in their forties, I agree
Most terrifying watching alcoholism take hold.... Horrendous

According to the World Health Organisation, Alcoholism is the 3rd biggest disease Worldwide.