Share Name Share Symbol Market Type Share ISIN Share Description
Marstons LSE:MARS London Ordinary Share GB00B1JQDM80 ORD 7.375P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.30p -0.26% 113.40p 112.70p 112.90p 113.90p 111.70p 113.50p 3,365,227 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 992.2 100.3 14.2 8.0 718.79

Marstons Share Discussion Threads

Showing 2676 to 2698 of 2700 messages
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DateSubjectAuthorDiscuss
13/12/2017
09:43
"Analyst James Wheatcroft upped his price target to 115p from 100p and maintained his ‘hold’ rating. The shares were down 2% at 118.6p yesterday..." You have to ask yourself - what is the point?!
jeffian
13/12/2017
09:23
Deutsche ups Marston’s target - HTTP://citywire.co.uk/money/the-expert-view-balfour-beatty-ashtead-and-time-out/a1077306#i=6 Deutsche Bank has raised its target price on Marston’s (MARS) after solid results from the brewer and pub operator last month. Analyst James Wheatcroft upped his price target to 115p from 100p and maintained his ‘hold’ rating. The shares were down 2% at 118.6p yesterday but have rallied strongly since it unveiled 2017 results. The analyst unveiled his 2020 forecasts for the group, predicting revenues marginally higher than consensus but slightly lower earnings. He has left his 2018 estimates, of 2.3% growth in revenues, with earnings just 0.3% higher, unchanged.
speedsgh
09/12/2017
13:21
Exel - apppears that MARS have the edge though I have not seen any direct comparisons. I always seem to have trouble reconciling like to like due to differing reporting periods / exceptionals / exchange rates and so on. Maybe that is a good excuse for being bloody lazy.
scobak
08/12/2017
20:42
scobak, if IC are pushing GNK (perfecting reasonable) then that is doubly good news for MARS re 1. sector sentiment and 2. MARS edge on fundamentals (last time I looked). Will re-do the MARS v GNK profile re TNAV ps as % of share price, PE, yield, cover, sales growth, gearing, etc. unless it's already been done? Good luck all!
exel
08/12/2017
16:43
Is that 'before' or 'after'?
jeffian
08/12/2017
16:16
He wears a disguise !
skinny
08/12/2017
16:10
Anonymously? One of the best-known blokes in the trade, 6'5"-odd with a mullet and a strange accent somewhere between Bristol and New Zealand? I don't think so!
jeffian
08/12/2017
15:28
Sounds like a nice hobby! :-)
skinny
08/12/2017
15:27
The Wetherspoons chairman Tim Martin was on Desert Island Discs. He likes to visit at least 10 pubs a week (anonymously) just to see what it feels like to be a customer.
arf dysg
08/12/2017
08:21
125p Soon !
chinese investor
07/12/2017
20:12
Greene King is a weekly buy tip in Investors Chronicle tomorrow.
scobak
07/12/2017
16:10
Thanks speedsgh, All very good, especially those 3 little words: 'Unlike Greene King'
exel
06/12/2017
14:07
From Tempus column in today's Times... Three companies to buy for yield (GSK MARS DC.) - HTTPS://www.thetimes.co.uk/edition/business/three-companies-to-delight-a-crowd-2mljd87bp ...Marston’s: yield 6.6 per cent Like its fellow brewer Greene King, Marston’s offers the promise of a wet-smacking dividend for yield-thirsty investors. Unlike Greene King, it is on firm ground in a more promising part of the market. This year it bought Charles Wells brewery (not including its pubs), which brings brands such as Bombardier, Courage and McEwan’s under Marston’s stewardship. Two years earlier it bought Daniel Thwaites’ beer division. Those deals bolstered the group’s position at the premium end of the market, adding to a stable that already included Hobgoblin and Wainwright, without over-extending its property footprint. The shares popped 10 per cent last week after strong results, but they remain good value and are still nearly 20 per cent below the levels reached in March, closing at 118¼p.
speedsgh
05/12/2017
08:16
Looking Good !
chinese investor
03/12/2017
20:44
hxxps://www.expressandstar.com/news/business/2017/12/01/1-billion-and-counting-how-marstons-rose-to-top-of-the-beer-business/
richie1218
03/12/2017
11:50
I wonder if Founders craft brewers will take up the slack capacity at Wells brewery for the push into the UK ?
spacecake
02/12/2017
16:18
A self selection for the filter button?
ianood
02/12/2017
09:10
MARSTON’S FY ANALYSTS’ MEETING: Following the release of its full year numbers earlier today, Marston’s hosted a meeting for analysts and our comments are set out below: Trading: • The group maintains that this has been a year of continued progress. Marston’s highlighted just how much it has changed since the financial crisis. • It has sold ‘bad’ pubs and built good ones. • Trading has been solid & MARS has achieved sales growth without resorting to discounting • Wet sales are outperforming food sales at the moment. Wet sales are level (prices are up) but food sales are down in volume terms. • The level of discounting has increased markedly recently. Marston’s is not taking part. This refusal to discount is helping margins but means that LfL sales are being held back a little. • Brewing has ‘had an outstanding year’. The division has a ‘proven acquisition ability’. Further expansion in this area would not come as a surprise. • MARS has virtually no retail park exposure. • The number of MRO requests has been ‘insignificant’. • Scottish minimum pricing should be either neutral or marginally beneficial. Outlook: • The group ’knows where its growth is coming from’. It will fully incorporate Charles Wells and this year will see a full year contribution from the nine pubs purchased in FY17 and from the 19 that the company has built. • Lodges in particular can take 2yrs to build to maturity. The group can add 5-10 units per annum going forward • There is ‘plenty of growth away from hotspots’. It is expanding into the latter space that has caused problems for a number of casual diners. • In the current uncertain market, the group is slowing its opening programme – though it still expects to open 15 pubs and 6 lodges in the current year • Costs are largely controlled for FY18. This contrasts with comments made by a number of other companies recently. Balance sheet & cash flow: • Marston’s securitisation does not need any near term attention and fixed charge cover has been maintained at 2.6x • The group does not want to over-service this debt structure. Some 45% of group EBITDA comes from outside the securitisation. Conclusion & Outlook: • Marston’s CEO Ralph Findlay pointed out that the group is 94% freehold, has LTV debt of only 56% and has a net asset value of 147p per share. • Whilst impacted by the wider economy, the company will achieve growth this year on the back of a full year contribution from Charles Wells, the new build pubs completed in FY17 and the assets purchased in the last financial year Langton Comment: • Marston’s numbers have pleased the market and the group’s assertion that it is at least to some extent the master of its own destiny has been similarly well-received. • Christmas will be important. It always is but, to some extent, just how trade settles down into 2018 could have an even more material impact on how MARS and its peers are viewed by the market. • Because, with the group’s shares little higher than they were at the heights of the financial crisis 10yrs ago, a material slowdown is arguably being factored in. • And this may happen but, at the moment, there are few signs that the consumer is willing to turn his/her back on the affordable treats that, at the end of the day, may be said to make life worth living. • Selling what the public wants, from well-maintained (and preferably freehold) units and at acceptable prices, is likely to remain the key to success. • Even after this morning’s bounce, Marston’s shares trade at only around 8x earnings and, though there are wider economic concerns regarding the consumer, the shares would appear to offer good value at these levels.
wrestlingmad
02/12/2017
07:15
And your point is?
lord gnome
02/12/2017
05:54
Useful but you what about other information out there:-Trade pressOther companiesSector specific analyst reports
r ball
01/12/2017
17:49
Thanks Fangorn2 - great summary and very compatible with the content of yesterday's announcement. Happy holding these!
exel
01/12/2017
15:57
Thanks for that Fangorn2. A most interesting summary.
lord gnome
01/12/2017
15:12
Thanks, Fangorn, very interesting.
jeffian
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