Wetherspoon ( J.d.) Share Discussion Threads

[essentialinvestor] 15/3/2020 18:51

Will the UK be far behind?.. I don't think so.


If you wanted to take a longer term contrarian view,
the stronger operators will survive and ultimately thrive ?..

[konradpuss] 15/3/2020 18:40

Well there you go.

I always thought Leo Varadkar was a complete ....er now I know he is.

[luderitz] 15/3/2020 18:30

If you’re going to give a link can you do so from a reputable newspaper and not the gutter press.

[luderitz] 15/3/2020 17:29

I expect you will be able to contact your local Chinese for one soon.

[essentialinvestor] 15/3/2020 16:33

I could do with two pints of ESB right now from a Fuller's pub.

[the white house] 15/3/2020 16:31

Two pints allows one to be drunk and one left to 'reserve' table while hitting loo...

[rochdae] 15/3/2020 14:55

Ha... nice one Thailand!!

[thailand] 15/3/2020 14:45

The bad news is never ending. Donald Trump has tested negative for the coronavirus.

[johnwise] 14/3/2020 22:21

Is there is more to this virus than we are being told.?

[johnwise] 14/3/2020 22:06

You better keep your granny home then.

Ministers have drawn up plans to put troops on the streets to help deal with the coronavirus crisis after the number of deaths almost doubled within 24 hours

And the Army has also drawn up contingency plans to keep petrol stations topped up with fuel when the country reaches 'peak virus'.

[essentialinvestor] 14/3/2020 22:01

You will see a low while news is still getting worse,
by the time the news cycle turns prices will be 20-30% off lows, at least.

I'm Not making a case to buy right now.

[bountyhunter] 14/3/2020 21:50

WS will be a great recovery play but probably not until summer 2021 unfortunately. I love WS pubs, but not right now unfortunately.

[thailand] 14/3/2020 21:46

We're doomed, we're all doomed.

[remarkomsoc] 14/3/2020 21:33

The Government is set to mobilise “wartime-style” efforts in the next five to 20 days, including plans to isolate the elderly for four months, ITV’s political editor Robert Peston reports. As part of the new measures to help limit the impact of coronavirus, all people in Britain aged over 70 will be instructed to stay in strict isolation at home or in care homes for four months. Other measures being planned included the forced requisitioning of hotels, private hospitals and other buildings as temporary hospitals.

Pubs, restaurants and bars could also be forced to close.

[johnwise] 14/3/2020 21:18

Wetherspoons has reported that it is 'business as usual' despite fears of infection but the chain has put safety measures in place.

[tim 3] 14/3/2020 15:25

With you on this EILike so many shares the low may not be in but long term this looks a great opportunity.imo.

[essentialinvestor] 14/3/2020 14:40

Doubt we have seen of lows here?, Might be Wrong on that obvs.

A very interesting longer term opportunity though in development imv.
Not holding atm.


Konrad, read the same article, thanks for the mention. With asthma and my other
half working in healthcare, not particularly looking forward to the next few weeks!,
but worse things happen at sea, apparently ).

[ignoble] 14/3/2020 12:49

Once the weather improves , folk will be a lot more comfortable sitting outside have a Pint or two ...
Not sure if it makes any difference being outside but it probably feels safer

If people just wash their hands regularly and Spoons make a show of disinfecting door handles regularly and the like ......Customers should feel reassured
Hopefully ..

[konradpuss] 14/3/2020 12:44

Essential, unless Boris closes pubs by an act of Parliament the 'usual suspects' mostly will not stop going to their local branch of 'Spoons!

I still don't get ordering two pints at once.

O.K. at the margin they might suffer a short term fall in turn over.

Interesting article in the Guardian on line which much to my surprise supports my view of the impact on the population of the Corona virus.

[konradpuss] 14/3/2020 11:06

Bear, the debt is a big number however completely hedged and going out long into the future with a raft of 'nice' banks.

I think we will have to wait to see if Boris closes the pubs. I was in my local 'Spoons' this last Thursday - very busy with the usual suspects.

I find it amusing that the single old bloke sitting alone always orders two pints at the same time. I guess that will be me soon!

[essentialinvestor] 13/3/2020 15:51

Appreciate the view, thanks.

[taurusthebear] 13/3/2020 15:45

On a PE basis, and considering the debt, I would call a tenner no more than fair value. However, continued CV spread is utterly predictable, and will obviously impact on Spoons, but likely only in the short-term. I wouldn't buy over £8 in the current circumstances, but having said that, the share price could easily be back to £12+ by August.