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Share Name Share Symbol Market Type Share ISIN Share Description
Majestic Wine LSE:WINE London Ordinary Share GB00B021F836 ORD 7.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.00p -1.30% 379.50p 376.50p 379.50p 385.00p 375.00p 381.50p 137,772 16:29:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 476.1 8.3 10.9 34.8 273.69

Majestic Wine Share Discussion Threads

Showing 3026 to 3047 of 3050 messages
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Duty increase a “hammer blow to the British wine industry,” says trade body Posted on 2 Nov 2018 by The Manufacturer The commerce organisation representing Britain’s wine and spirits industry has expressed dismay at the rise in the duty level on wines in this week’s Budget. Wine Cider Spirits Food Drink - Stock The duty rise would put further risks on an industry that already contributes almost £10bn to the UK economy. The British Wine and Spirit Trade Association’s (WSTA) director, Miles Beale, has called the decision to increase the wine duty rates “grossly unfair, unjustified and counterproductive221; and a “hammer blow to the wine trade.” Last year, the tax raised £4.7bn for the Treasury, more than any other alcoholic duty. The WSTA claims the duty rise would be bad for business that would disproportionately affect small businesses and importers. In a statement, Miles Beale, the association’s chief executive, said that the Chancellor’s announced rise will “clobber wine importing businesses, including thousands of SMEs; stifle growth of our flourishing English wine industry and; raise prices for consumers.” “The failure to rebalance this unfair tax burden on the wine industry will stifle business’s ability to invest and grow and damage the sector which last year brought in almost £19bn in economic activity.” He added that Brexit and the increase in inflation are already causing difficulties for the wine industry, due to the weakened pound increasing the cost of wine imports. The wine sector is highly reliant on imports; 99% of wine consumed in Britain comes from abroad, according to the WSTA. Though condemnatory of the wine duty increase, Beale praised the freeze in spirits duty, saying, “it will give UK spirit producers the confidence to continue to expand their export markets and seek to take advantage of future trading opportunities.”; Duty on a 750ml bottle of wine will go up by seven pence to £2.23, while duty on 750ml bottles of sparkling wine and fortified wine will go up by nine pence, to £2.86 and £2.98 respectively. Miles Beale was recently interviewed by The Manufacturer’s Editorial Director, Nick Peters. He addressed the multiple concerns Brexit is causing the wine and spirits industry, and highlighted recruitment in particular. “If you’re an English vineyard, you absolutely need seasonal workers,” said Miles. “A couple of our members have tried to use UK-based workers and they just aren’t good at picking fruit, and there is no one left from the previous generations who used to do it. “We therefore use fruit pickers who come over from mainly Eastern Europe, picking different fruits at different times across the rest of the EU.” He said a workable transition agreement would help address the matter in the short term while a visa scheme for seasonal workers would solve labour issues in the medium term. The government have announced a pilot visa scheme that will allow up to 2,500 workers a year to work on British farms. The initiative is set to commence in spring 2019; but the National Farmers’ Union believes this will lead to labour shortages. The WSTA says the British wine industry is experiencing an immense boost in production and sales as a result of a bumper harvest. Recent data from HMRC found that 3.9 million bottles of English and Welsh wine were released onto the market last year – a 64% increase on 2016. Miles Beale had described 2018 as a “fantastic year for British vineyards”. Speaking to The Manufacturer, he noted that English wine growers were “ecstatic thanks to a very good spring with a nice amount of water, followed by a fantastic summer, [the] perfect for growing the grapes.” He added: “In each of the past two years there have been over a million vines planted, possibly 1.5 million in the last year, which means that the highpoint of 6.3 million bottles of 2014 looks almost certain to be beaten this year.” Reporting by Harry Wise
London to Bordeaux by rail moves a step closer 16 Oct 2018 by Alex McWhirter Travelling to Bordeaux by train in under five hours from London could become a reality in the not-too-distant future. Railway Gazette reports that railway officials met recently in Bordeaux to consider how this could be achieved. Eurostar did not attend. One of attendees was from Getlink (the former Eurotunnel) which wants to encourage more rail business for the Tunnel. To this end it wants a competitor to the incumbent Eurostar. Others were HS1, SNCF Reseau and Lisea (who are responsible for London-Bordeaux tracks). A Bordeaux-London rail link would be open to any company, not just Eurostar. ALLRAIL, an alliance of new rail entrants, said, “We hope that a new operator will be able to offer the service as well. But we are finding it is not so easy for them.” What ALLRAIL means, and what we have said many times before in Business Traveller, is that only special and expensive trainsets are allowed to operate through the Tunnel (as Germany’s DB found to its cost). And the latter are all owned and operated by Eurostar. The officials discussed having a new terminal at Bordeaux Saint Jean (the city’s main station) for the London-bound trains. This is essential to avoid passengers having to detrain at Lille for immigration and security checks. UK Border and the Channel Tunnel authority insist that all passengers are pre-cleared before the train enters the Tunnel. (Pre-clearance is already carried out at Eurostar stations in the UK). It’s reckoned there are now over one million air passengers a year between London and Bordeaux. A direct train which would bypass Paris is expected to capture 20 per cent of this market. Travel between the two cities has grown in recent years. An estimated one in four UK expats now reside in the Bordeaux region. It is already possible to travel London-Bordeaux by rail using Eurostar and SNCF’s TGVs. But travellers must either change in Lille or Paris. It’s a simpler (Europe-Flandres) change in Lille. More connections go via Paris but it’s an awkward Nord-Montparnasse transfer. Eurostar has demonstrated the feasibility of a London-Amsterdam journey taking four hours. So London-Bordeaux in less than five should also appeal. Tags: Bordeaux, Eurostar, London-Bordeaux
4 mentions of brexit, all with a negative slant, and they don't even sell that much to the €urobods.
The trouble is that the cheapest bottle of Chapel Down is £24 quid and you can get Aldi's award winning Monsigny Champagne for £12. All this stuff about Wetherspoons selling cheaper British wine is nonsense.
the grumpy old men
I aw the programme and was concerned for my health so I decided to give up documentaries.
For anyone else , like me , who have got into the habit of drinking too much wine for their health. I recommend watching the prog. by Adrain Chiles on the subject ( a 100 unit a week man ) on iplayer......called Drinkers Like Me.
29Palms - I am shortly going to be selling 6 bottles of Vosne-Romanee 1er Cru Clos des Reas, Michel Gros 2010. Will also be selling a few others: 6 x Chassagen-Montrachet Rouge, Henri Germain et Fils 2010 6 x Gevrey-Chambertain vielles vigne Denis Mortet 2010 6 x Chambolle-Musigny, Louis Boillot 2010 12 x Cantmerle 5me cru Haut-Medoc 2009 12 x Batailley 5me cru Pauillac 2011 24 x Angludet, Margaux 2014 12 x Quinta do Noval Touriga Nacional Red 2013 6 x Pintas Guru Douro White 2014 6 x Tiara Douro Niepoort White 2014 24 x Quarts de Chaume Domaine des forges 2009 All in bond at the moment but some of them are ready for drinking now.
erogenous jones
this share is a traders dream. Gormley appears to be doing a good job. positive recent update to assure markets.
PS didn’t they report a failed direct marketing campaign in June and wrote off millions because of it. Great to see those lessons have been well learned. No reason to get back in here sadly.
Really? Sounds awful to me. Trying desperately to put a positive spin on higher costs to get customers and stating as fact that it will be a good idea. I hope the market sees through this. New CEO is applying his old ways to Majestic. Next we will to told that this should really be valued as a growth tech company and not a retailer!
Positive update this morning. This should move upwards
Useful. Cheers.
Regular excess drinking can take years off your life, study finds By Alex Therrien Health reporter, BBC News 2 hours ago 434 comments Share this with Facebook Share this with Twitter Share this with Messenger Share this with Email Share Image copyright Getty Images Regularly drinking above the UK alcohol guidelines can take years off your life, according to a major report. The study of 600,000 drinkers estimated that having 10 to 15 alcoholic drinks every week could shorten a person's life by between one and two years. And they warned that people who drink more than 18 drinks a week could lose four to five years of their lives. The 2016 UK guidelines recommend no more than 14 units a week, which is six pints of beer or seven glasses of wine. Authors of the Lancet study said their findings backed up the new guidelines and also said they did not find an increased risk of death for light drinkers. Your guide to alcohol drinking limits Alcohol limits cut to reduce risks Booze calculator: What's your drinking nationality? Scientists, who compared the health and drinking habits of alcohol drinkers in 19 countries, modelled how much life a person could expect to lose if they drank the same way for the rest of their lives from the age of 40. They found people who drank the equivalent of about five to 10 drinks a week could shorten their lives by up to six months. The study's authors also found drinking increased the risk of cardiovascular illness, with every 12.5 units of alcohol people drank above the guidelines raising the risk of: Stroke by 14% Fatal hypertensive disease by 24% Heart failure by 9% Fatal aortic aneurysm by 15% Drinking alcohol was linked with a reduced risk of non-fatal heart disease, but scientists said this benefit was wiped out by a higher risk of other forms of the illness. Previous studies have suggested that drinking red wine can be good for our hearts, although some scientists have suggested these benefits may be overhyped. Another Danish study found drinking three to four times a week was linked to a lower risk of type 2 diabetes. "This study makes clear that on balance there are no health benefits from drinking alcohol, which is usually the case when things sound too good to be true," said Tim Chico, professor of cardiovascular medicine at the University of Sheffield, who was not involved in the research. "Although non-fatal heart attacks are less likely in people who drink, this benefit is swamped by the increased risk of other forms of heart disease including fatal heart attacks and stroke." Media captionThe UK's drinking limits are at the right level, Richard Piper from Alcohol Research UK says Image copyright Getty Images Image caption Scientists say the study challenges the idea that drinking in moderation is good for our health Recommended limits in Italy, Portugal, and Spain are almost 50% higher than the UK guidelines, and in the USA the upper limit for men is nearly double this. But Victoria Taylor, senior dietician at the British Heart Foundation, which partly funded the study, said this did not mean the UK "should rest on its laurels". "Many people in the UK regularly drink over what's recommended" she said. "We should always remember that alcohol guidelines should act as a limit, not a target, and try to drink well below this threshold." Dr Angela Wood, from the University of Cambridge, lead author of the study, said: "The key message of this research is that, if you already drink alcohol, drinking less may help you live longer and lower your risk of several cardiovascular conditions."
6% down today. Perfect swing trading share
some more erratic price swings today been up and down over 3% on two occasions
It plummmetted for no apparent reason. I think it was just the Mm,s tree shake.
What happened here in the last 15 minutes?
WINE Majestic Wine......last update rather bullish and see what resulted on the chart. Report on the 9th next week. last update........ Not a big fan of this company but Ill take a chance this time.
3rd eye
nice bounce today and a great recovery from 320's 6 months or so ago good to see
The key Christmas period is still to come, but half year results to 2 October 2017 offered plenty of encouragement. However, there's reluctant disclosure about Angel support.
Chat Pages: 122  121  120  119  118  117  116  115  114  113  112  111  Older
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