Marston's Share Discussion Threads

[heatseek77] 15/1/2024 10:50

RNS next week then 🚀

[disc0dave46] 11/1/2024 19:57

MRFYep a golden cross, a thing of beauty lol.

[darrin1471] 11/1/2024 17:15

Closing Auction price 34p.
Over the last 3 days some chunky trades have gone though above 35p , including 1.8m after 16:30 today.

[knowing] 10/1/2024 14:54

Cash in the bank from some disposals

[jubberjim] 10/1/2024 13:07

They are doing it the hard way

Have given up the ale in an effort to lose weight

Is doing well without my assistance long may it continue

[my retirement fund] 10/1/2024 01:01

Well boys and girls, price comfortably above the 200 day MA. Both 21 and 50 days crossed the 200 day now. Since early October it has made a series of higher lows coupled with higher highs. This is looking firmly like a full recovery play.


free stock charts from uk.advfn.com

[darrin1471] 09/1/2024 15:35

Barclays data, which covers nearly half of the nation’s credit and debit card transactions, reported that restaurants reported a sales fall vs December 2022, but bars, pubs and clubs had a better month with spending up 7.9 per cent.

[darrin1471] 09/1/2024 15:35

ham, I was just pondering the same thought. Breakout?

[heatseek77] 09/1/2024 12:27

North today Hamx3 👍🏻

[hamhamham1] 08/1/2024 13:19

Results maybe next Thursday, or before?
Looking to push on into the 40's once they out, IMO.
GLA.

[creddy] 02/1/2024 22:20

was starting to think id lost the plot. this represents excellent value on basic metrics. imho, should be trading at twice current price. 600mn positive equity in estate, 250mn value of remaining brewery business, 150mn profit pa from trading ops, current market cap 200mn? like the man said, its a no brainer.

[knowing] 01/1/2024 21:26

Been tipped

[disc0dave46] 29/12/2023 14:26

I have looked at the fundamentals, I'm more than okay with what I see and the risk reward. Until it has confirmed the breakout I'm also okay to sit and wait.

[masurenguy] 29/12/2023 13:49

Mark Wright, portfolio manager at Momentum Global Investment Management says that Marston’s is undervalued, highlighting that its debt levels have fallen after selling property assets and 60% of its brewery business to Carlsberg. Wright highlights that Marston has close to £1.8bn of freehold property with just £1.2bn of debt against it.

“The valuation it achieved on the disposal means that the remaining 40% of the brewery business that the company still own is valued at around £250m today. That compares to a market capitalisation for Marston’s of less than £200m. It is not inconceivable that somebody will buy that remaining stake from Marston’s in the future. The entire pub estate should also be able to generate operating profits of more than £170m in the near future. It is obvious that the shares are currently massively mispriced.”

No position but onto my watchlist.

[robertball] 29/12/2023 10:55

I think you need to look at the fundamentals. Big debt but new CEO

[disc0dave46] 28/12/2023 14:32

34 definitely proving to be a tough nut to crack.

[skinny] 27/12/2023 10:50

6+ month high @34.65p

[heatseek77] 27/12/2023 10:46

MRF agree someone is moping up

[my retirement fund] 25/12/2023 12:45

Seems to be a decent sized buyer out there in accumulation mode.

[disc0dave46] 22/12/2023 13:11

Correction! Lol

[disc0dave46] 21/12/2023 13:44

Doesn't look like a confirmed breakout is likely until after Christmas hopefully. Markets close early tomorrow.

[waldron] 20/12/2023 19:17

The Annual General Meeting ("AGM") will be held at 10:00am on 23 January 2024 at The Farmhouse at Mackworth, 60 Ashbourne Road, Derby DE22 4LY.

[skinny] 20/12/2023 18:32

Whatever else - the recent rise has been on reasonable volume - RSI & 50 DMA are on the up.



free stock charts from uk.advfn.com

[my retirement fund] 20/12/2023 17:54

From June 23, the chart actually looks pretty good with a series of higher lows and higher highs, but for a significant step, change this level is an important peg. I remain ever hopeful.