Wetherspoon ( J.d.) Share Discussion Threads

[gwatson56] 25/3/2024 12:15

See the share price is gyrating today. Place your bets to the end of day figure. Regards to financials / history I use stockanalysis.com as it seems to have what I need with history. Reckon we should settle down into a trading range next week.

[tim 3] 25/3/2024 12:10

Chester924 Mar '24 - 20:41 - 265 of 273
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At 17 PE employment costs up 10% and sales slipping they look fully valued. That’s why they slipped




Sales slipping where do you get that from?

Sales growth L4L last year and this?

[qs99] 25/3/2024 10:13

I sense that with c.£1bn of net debt, c.£1bn market value, that c.£200m EBITDA trailing 12 months quoted in RNS, this is fully valued until that EBITDA number can materially rise & debt reduce further.

DYOR, but this could slide below £7 IMO on that basis...let's see....DYOR

[gozzie2] 25/3/2024 10:09

Close at 10.30pm lol???Good idea that Eh???Mines rammed at 12am lol ?Proves these people don't go in them ?

[portside1] 25/3/2024 09:11

Cut the opening hours open up at 9pm and close at 10.30 Get rid of area mangers and profits up

[portside1] 25/3/2024 09:07

To many managers and no div sell We have pub managers then area managers Get rid of these managers and pay divs Staff in most are just not that good I am a seller

[bountyhunter] 25/3/2024 07:21

Not a particularly large purchase but a vote of confidence nevertheless..

Notification of transactions of directors, persons discharging managerial responsibility (PDMR) or connected persons



The Company was informed on 22 March 2024 that Michael Barron, Commercial Director of J D Wetherspoon plc, purchased 1,365 of the Company's ordinary shares on 22 March 2024 on the London Stock Exchange at a price of £7.29 pence per share.

[chester9] 24/3/2024 20:41

At 17 PE employment costs up 10% and sales slipping they look fully valued. That's why they slipped

[gwatson56] 24/3/2024 19:25

Admit to buying a shed load on Friday.... I just cannot see the share price not getting back into the £8+ range sometime in the coming months. I did a quick list of reasons to buy before diving in.... I cannot see any major gotcha's in the medium term.

- Interest rates on the way down soon .... ++ for leveraged JDW
- Energy price contract up for renewal Sept 24...... +++ should save lots ££
- TM quoted on Sky that with what he (we) knew he expected ++ share price raise
- Margin will probably increase due to price uplift early Feb. I reckon now circa 8%
- Total sales this year on track for £2 Billion
- Operating profit on track for £150M+ this year (all time record)
- TM holds lots of shares 25% +++
- Continued buybacks a possibility (assuming share price stays at this level)
- That 2% price increase = 40% increase as per above youtube
- Workforce has a stake in the company
- Most importantly their pubs are rammed at weekend and busy mid-week..

What is there not to like about this share.... sure a 5% increase in sales over past 7 weeks may have disappointed but this will increase ... and 5% of £2 Billion is quite a lot.....

After all that, bet they go south tomorrow.... :-)... If they do I am up for quite a few more at the end of the trading day. If not then on my hands I will sit.

[tim 3] 24/3/2024 19:00

Yes I read it this morning really interesting.

[isis] 24/3/2024 18:25

Generally good article in the Times but some of it factually wrong. Says they are spending £1.7m doing their Pubs up, it's actually £107m!

[gozzie2] 23/3/2024 01:27

Take your pick ????

[isis] 22/3/2024 23:24

There is certainly some scope to open more in London, many are so rammed at the Weekends you can't get in them! And the Central London one's aren't cheap but still rammed. A friend mine went to the Putney one tonight and had to move on as was too busy to get a table. That one isn't cheap either.

[isis] 22/3/2024 19:33

I think that proves just how useful a Spoons is in the community and you really do so all walks of life in them and that maybe some of the appeal.

[darrin1471] 22/3/2024 17:41

EI, I've not had a chance to look at the JDW results with a clear mind after the shock of ACRL this morning.
I would say Tim and his friends run JDW to their own tune. JDW have kept a lid on the price rises and have room to increase prices, almost at will, as they are the cheapest by far in the industry

"A 2% price increase at the till has a 40% drop through to profits"
Time 16:40

I do not know how accurate that 2% number is but IMO JDW have room to push prices up as inflation drops, boosting margins to historical levels.
I don't hold JDW at the moment but may jump back in if JDW start the share buyback again. NLW increase is a negative headwind across the whole service sector so JDW may drift lower still in the short term.
Euro 24 in the summer should also boost interest.

[bountyhunter] 22/3/2024 17:13

JDW should benefit from falling interest rates when the BOE catches up with reality.

[essentialinvestor] 22/3/2024 17:10

17 X forward with no dvi atm,

Faily priced for now?.

[bountyhunter] 22/3/2024 17:06

Tim Martin on Sky today:



and in the header.

[essentialinvestor] 22/3/2024 17:03

17 X forward with no dividend, for now.

Looks pretty well priced.