Marston's Takeover Rumours (MARS)

Marston's Chart

Marston's Takeover Price

Marston's Takeover Forum Posts

Poor results probably makes a takeover more likely, but at a reduced valuation. Not that much in it for shareholders now who bought in for a possible takeover and for shareholders like me for the dividend with a little growth, that is now under threat. If they want to speed up the debt reduction, that is likely to come at the cost to dividends and growth.Understand their need to reduce interest payments, was hoping that they would restructure the outlets to achieve that.
Takeover inevitable !
Take overs provide an electric jolt of short-term satisfaction, and an attractive capital gain. But the predator offers a premium for a reason: most likely that there is long-term value in the company which is not reflected its market price. So with a company like this although I might inwardly grumble about the share price, I'd prefer it to remain a quoted company paying a decent dividend rather than succumb to a takeover by a private purchaser. That way one hopes the true value will eventually become reflected in the market price so that share holders benefit, not the predator.
I am little surprised this hasn't risen further given GNK and previously EI. and FST. We haven't even managed to claw our way to 125 which was the share price before the results. The results to remind did show slow progress in profitabililty the directors committed to a re-phasing of the debt repayments to make progress quicker from the outset. To be sure Marstons estate doesn't have the potential in inner London for re-use that GNK's does but I would have thought the takeover potential puts further support under the share price in addition to the yield and longer term plans to pay down the debt. I guess I'm happy to be patient, collect the dividend and wait. But I'm much rather a takeout at a higher price. Fingers crossed.
Hi QuePassa In January this year you were rolling in the aisles laughing at my suggestion a takeover bid for Marston's could be in the region of £1.70. In light of the GNK bid, what's your current view?
Back of Green King takeover
Thanks :- Slug & Lettuce Owner TDR Weighs Takeover of EI Group.
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