Marston's Share Discussion Threads

[dexdringle] 09/5/2024 15:06

《《298; Given their dreadful performance since rejecting a £1.05 offer a few years ago, it would be difficult to see how they could say no now! 》》299;

They couldn't. Not that there is a snowball in hells
chance of such an offer. Any offer now would be 40p max.

It'd then be interesting to see how the board justify recommending 40p having rejected £1.05. Obviously, not the same CEO but it is the same ship. He'd have to reference the previous CEO being a clown having rejecting £1.05.

"The board recommends acceptance of the offer of 40p. We recognise that this is far less than the £1.05 offer rejected by the board previously which is down to the board, at that time, being a bunch of gravy train chancers". Or something like that 😂

[pj fozzie] 09/5/2024 14:01

Pah - needs to be significantly higher than £1.05 for me to be back in the black. I think my average purchase is £1.30ish - back in the day when a decent dividend was being paid.

Cheers,
PJ

[my retirement fund] 09/5/2024 13:43

Given their dreadful performance since rejecting a £1.05 offer a few years ago, it would be difficult to see how they could say no now!

[dexdringle] 09/5/2024 13:42

《《298;《 In 2021, the group snubbed a £666million approach from private equity. At the time it said it significantly undervalued the British pub operator 》》299;》

Unbelievable how many companies are so arrogant as to turn down takeover offers on the basis of them 'undervaluing' the business - only for the shares to never again reach that level. See also J Wood Group.

[barnes4] 09/5/2024 13:36

Where is that KY boi

I fancy a chat

[gkace] 09/5/2024 13:34

Daily Mail: Marston's: Value £175mShare price down 92pc since peak in February 2007Interest may also be brewing in pub and hotel group Marston's, where shares have almost halved from their peak.Rival Wetherspoons is booming as punters flock in for cheap pints, but rivals such as Marston's are having a much harder time.Having suffered badly during Covid, shares are still languishing well below pre-pandemic levels and are down another 17 per cent so far this year.Victoria Scholar, head of investment at Interactive Investor, cited Marston's as a potential target.In 2021, the group snubbed a £666million approach from private equity. At the time it said it significantly undervalued the British pub operator.Marston's – the brewer of Pedigree, Hobgoblin and Lancaster Bomber beer – said this was the firm's third takeover proposal.Marston's first started out as a family business over 180 years ago and today has 1,400 pubs and around 11,000 employees across the UK.

[barnes4] 09/5/2024 12:11

Where is the KY boi?

[dogwalker] 08/5/2024 14:48

Behind paywall.

[yorek] 08/5/2024 14:30

Mail names Marstons as 1 of 10 takeover targets:https://www.dailymail.co.uk/money/mailplus/article-13390791/cash-stock-market-feeding-frenzy-ten-companies-ripe-takeover-bid-investing-yield-returns.html

[z1co] 08/5/2024 13:51

barnes4

Half wit why repeat posts ?

[barnes4] 08/5/2024 13:49

Where’s boi
Nobody chucks 100k in blind KY

[my retirement fund] 08/5/2024 13:47

Excellent update from Spoons having a knock on here me thinks! Wetherspoon rose 3.6%, after the pub chain said like-for-like sales rose 5.2% in the 13 weeks to April 28 from a year earlier, while year-to-date like-for-like sales rose by 8.3%.

[barnes4] 08/5/2024 13:06

Where’s NY KY boi?

[barnes4] 08/5/2024 13:06

Where’s NY KY boi?

[123trev] 03/5/2024 12:16

That is pretty cool but could I point out the glaring downside to that lol.

[heatseek77] 03/5/2024 10:03

Cheers that's pretty cool

[mexico man] 03/5/2024 07:43

8 cooling towers

[mexico man] 03/5/2024 07:42

The eight towers is marstons named after the fiddlers ferry coal fired power station

[heatseek77] 02/5/2024 21:49

Mexico I'm assuming the eight towers is Marston?

[mexico man] 02/5/2024 21:24

Only because I'm working or I'd be in there

[barnes4] 02/5/2024 20:22

Omg that’s a crazy thing to say

[mexico man] 02/5/2024 20:15

Drove past the eight towers widnes earlier and the beer garden was very busy

[boffster] 01/5/2024 14:45

I don't think -2% on last year is bad, to say how shockingly awful the weather has been

[heatseek77] 01/5/2024 09:24

Trev 😂🤣, I think they call them functional 🤷