Marston's Share Discussion Threads

[evox] 31/3/2010 20:20

Tenanted pub group Enterprise Inns said it was making 'excellent progress' in selling off its underperforming pubs. The group said there has been no 'material change' in its performance since January, which disappointed the market, which had been hoping for a gradual improvement in trading conditions. Punch Taverns slides down in sympathy.
....Marstons too as diku suggested
Good opportunity to top up.

[milacs] 31/3/2010 19:39

Our Governments have always believed in ripping off drinkers smokers and drivers.

Mind you this lot are providing the industry with slightly more than £4 million over FOUR YEARS. Increase in tax put at £160 million per year.

Certainly an open hearted and supportive effort.

M

[diku] 31/3/2010 16:05

MARS falling in sympathy with ETI trading update...

[diku] 31/3/2010 15:13

The market!...

[milacs] 31/3/2010 13:47

Somebody doesn't like us.

M

[mhw28865] 30/3/2010 21:25

From what I know about how well the company has been doing so far this year I can see a very good update next week. On top of that all the new builds have been operating well above expectations. A hell of a lot better than we could have ever got from buying an old pub and spending some capital on it!! I feel £1.20 will be coming v soon ;-)

[zcaprd7] 30/3/2010 08:52

And through...

[milacs] 29/3/2010 10:18

Next resistance at 110p.

M

[diku] 26/3/2010 17:02

Closed right at the resistance..

[milacs] 25/3/2010 13:44

Appointing Numis as joint broker will increase Marston's exposure to Institutional Investors.

Can only be a good move.

I also like the look of the chart: may go through a double top at 95p.

M

[mhw28865] 25/3/2010 07:57

2 weeks before the next trading update should get a move up before then. The company has been doing v well since the last one so hoping to breach the £1 barrier and away we go ;-)

[diku] 24/3/2010 14:47

Has the budget done any good to the pubcos?..

[mike953] 24/3/2010 09:26

Your wisdom tells????Tells us what?

[mr.elbee] 24/3/2010 08:51

my wisdom tells!!

[mr.elbee] 23/3/2010 13:31

good sign as the price is falling..

[diku] 22/3/2010 11:10

volume here has dried up..

[evox] 18/3/2010 19:38

thanks timbo. very encouraging.

[timbo003] 18/3/2010 07:23

These look like very good results from Shepherd Neame this morning (I do not hold), bodes well for others like Marstons and Green King (which I do hold!)

[evox] 17/3/2010 08:55

1% a day will suit me just fine - as long as it doesn't stop!

[diku] 16/3/2010 10:33

Above charts look intact so far on the upside...this is one snail mover!!!...

[contrarian2investor] 12/3/2010 12:10

Hi all,

This is a little dated but as it had not been mentioned I thought it might be of interest:

Tetley relocation to create up to 30 jobs
Thursday 4th March 2010, 11:30AM GMT


Up to 30 jobs will be created at Wolverhampton's Park Brewery after it won the job of producing Yorkshire's famous Tetley Bitter.

City-based brewing and pubs group Marston's was awarded the work after more than a year's negotiation with Tetley owner Carlsberg UK.

Carlsberg is insisting many of the details surrounding the deal are kept confidential, but it is understood the Wolverhampton site will be brewing more than 30,000 barrels of cask Tetley a year from the beginning of 2011.

Today Marston's director of service and supply Richard Westwood – former head brewer at the firm – said hundreds of thousands of pounds would be spent over the next few months creating a "brewery within a brewery" to produce cask Tetley.

The 135-year-old brewery, part of Marston's Chapel Ash headquarters site which employs around 1,000 people, can currently produce around 250,000 barrels of Banks's and Mansfield ales a year.

The aim is to start brewing Tetley by October. Marston's will then launch an intensive 12-week testing process to ensure their Tetley bitter meets the exacting standards expected by Yorkshire drinkers.

Once full-scale brewing starts, in January next year, Mr Westwood said there would be increases in shift work and possibly a return to seven-days-a-week brewing. "We will be recruiting between 20 and 30 people for the brewery, plus others in areas such as packing.

"We will also be investing in new technology and new equipment to increase our capacity."

The beer has been brewed at the Joseph Tetley Brewery in Leeds for 188 years but Carslberg announced 18 months ago it was going to close the site.

Announcing the switch this week, Andy Hume, Carlsberg's brewery director in Leeds, said: "We looked at all realistic options in Yorkshire to brew Tetley's cask. However, there was not the suitable capacity available.

"As such we needed to find the best option outside of Yorkshire in terms of quality and processes and Marston's provides this."

The move has met with disappointment and anger in Yorkshire, with one MP calling for a boycott of Carslberg lager.

Richard Westwood said: "Tetley drinkers are right to be concerned. It is of the utmost importance that we retain the flavour of the ale.

"We can adjust our water to perfectly match that used in Leeds, so it is identical. The most important thing is the yeast. It is a unique twin strain and it is important we maintain the right balance. They will be bringing the Tetley yeast down to Wolverhampton, where we will keep the production of the ale totally separate from the rest of the brewery.

"Once we start brewing we will be carrying out a series of controlled tests and blind tasting sessions, tweaking it until we are bang on. It is normally a six to eight week process, but we are giving ourselves 12 weeks to get it absolutely right.

"We can be rightly proud that we have been chosen to produce such a famous cask beer," he added.

c2i

[diku] 08/3/2010 22:17

Seymour Pierce put out a Buy recommendation today and it goes down!..

[brucie5] 08/3/2010 18:26

The chart looks fairly good to me. Depending on how you view it, I would either see 100 as the next target before blue sky recovery (on smas); or just above where we are now at about 92p(emas), which in turn, should more likely than not, prove a point of support tomorrow. Overall, I wouldn't be quite as despondent as diku. It's getting there.

[pauliewonder] 08/3/2010 11:38

May buy again if we go back into the mid 80's. Surely at that price it has to be viewed as cheap, even in the short-term.