Marston's Share Discussion Threads

[diku] 02/12/2009 10:56

Is MARS reporting tomorrow?..

[iaincc] 02/12/2009 09:45

Bit of a turnaround yesterday.

Perhaps some of Wetherspoons 250 new pubs could be bought from MARS !

[zcaprd7] 02/12/2009 09:38

Nice pop up yesterday - other pub chains reporting good conditions...

[simon gordon] 27/11/2009 13:21

Post deleted!

Sorry, posted on wrong thread :-)

[simon gordon] 25/11/2009 10:36

Oriel Securities - 24/11/09:

At the time of the rights issue in June, Marston's indicated that it would pay a final dividend of 3.7p. This dividend is expected to be paid in January and last year the shares were marked ex-dividend on 17 December.

On the basis that the ratio between the interim and final dividend is likely to be maintained at a ratio of 36:64 we expect the total dividend for 2009/10 to be 5.8p and on our earnings forecasts this dividend should be covered 1.7 times.

In the medium term the group's dividend policy is to target a cover level of around two times although the level of cover in any one year may vary. On our forecasts the dividend is likely to be flat in 2010/11 but a modest increase looks likely in 2011/12 which would still enable a dividend cover of 2.0 times to be achieved in that year.

Following the recent share price weakness the shares yield 6.8% for 2009/10 and in the very short term the yield is 4.4% on the basis of the final dividend alone.

Numis - 23/11/09:

We believe Marston's shares are now oversold and that the 7% dividend yield should act as a support. This is based on our belief that the dividend should be underpinned by a return to earnings growth in 2011E, for which the company has the right strategy and necessary financial resource. Over the long-term, this could result in the shares recovering back towards the NAV of 147p/share.

[timbo003] 23/11/2009 20:01

jeffian

LOL

During my apprenticeship as a beer monster with hollow legs in the 1970s, I lived at the ancestoral home which was near Blandord Forum in Dorset, where probably half of the pubs were tied to Hall and Woodhouse (A family owned brewery and pub chain)



I have to say that their larger (it was called Brock in the 1970s) tasted a bit like floodwater, The brewery was (and still is) adjacent to the river Stour which may may had something to do with it. Hall and Woodhouse have since tried to reinvent their larger and they now call it HB, I still call it Brock, it tastes just the same!

[iaincc] 23/11/2009 18:24

Stab in the dark here - they just might have insurance !

This also could be a great way to cut costs and reorganise

[diku] 23/11/2009 16:23

As long as they drink it and pay for it!...or pay for it before they drink it!!..

[jeffian] 23/11/2009 16:20

"We are thinking very hard at the moment about brewing beers to the taste of customers from the Lake District.

"There are some distinctive flavours that customers in the Lake District enjoy. We are looking at how we can supply beers that meet their flavour needs, but they wouldn't be called Jenning's beers."

That'll be Marstons 'Floodwater', then.

8-)

[diku] 23/11/2009 16:14

t003...yes good find...if the Gov was to extend the VAT deadline then that would give the Pubcos a boost!...

[timbo003] 23/11/2009 16:08

I don't suppose this is helping today:

[milacs] 23/11/2009 15:02

I have bought a few of these. I like the idea that the business is contracting giving Marstons a bigger slice of the market.

Fell to my buying range and I do like the dividend.

M

[timbo003] 20/11/2009 09:57

Good results from Fullers today and Youngs yesterday (both operate a similar model to Marstons, albeit they are both more SE/London centic), so I'm not sure why the Marstons share price is such a laggard

Fullers results:

Youngs results:

[ang5] 20/11/2009 09:47

trad line support at 80p,
but at now, share price is 85p, maybe ok???

[iaincc] 11/11/2009 17:52

Price seems skittish considering the buy side volume,
it would be a great time for a hostile takeover bid....

[milacs] 04/11/2009 18:51

timbo003

Thanks for the link.

M

[timbo003] 04/11/2009 10:12

It's worth checking out the presentation that Green King gave to analysts yesterday (see link below), needless to see there are (Green King centric) comparisons between the various pub cos and Marstons fares rather well compared to the others.

[milacs] 03/11/2009 10:04

Both Marstons and Greene King have entered my buying range, Post 309.

This has occurred very quickly and may indicate a lack of confidence in the Market as a whole.

Will hold of until a turn around in the FTSE occurs.

M

[lord gnome] 03/11/2009 09:46

80p anyone?

[timbo003] 01/11/2009 19:30

I bought a few more on Friday (current holding now 27K).

Peter Shearlock (of Heaven and Hell portfolio fame) gave a good plug for Marstons in today's Sunday Times (page 8 in the money section), alas, I cannot find the article on line.

edit: managed to find it (see link below)

[diku] 29/10/2009 14:58

does this stock ever go up!!...only if I turn the charts upside down!...

[diku] 22/10/2009 23:45

yes this is a sleepy mover!...

[5dally] 22/10/2009 16:09

Wish this would do an ETI up 27.5p now

[timbo003] 22/10/2009 08:23

I suspect this is the reason

[beckaroo] 22/10/2009 08:21

its all about the OFT investigation