Marston's Share Discussion Threads

[smithie6] 24/3/2020 14:16

jeffian
what r u buying ?

[jeffian] 24/3/2020 13:48

As I am (not MARS particularly) but I seriously doubt this will all be over in 2-3 weeks.

[careful] 24/3/2020 13:41

Well yes jeffian, in a way I am.
this morning I bought some more MARS.

Either we think this corona virus is an over hyped panic that will blow away, or it is a potential mass killer changing all life as we know it.

By our investment decisions we are talking a position on this.

[jeffian] 24/3/2020 12:47

Hmmmm! Are you taking bets on that?

[careful] 24/3/2020 11:55

this crazy lockdown will not last 2 weeks.
economic madness.
Wrecking a £2tr economy because they cannot cope with a glorified peak flu.

Not enough medical equipment?
Respirators should be in surplus by now.

Madness, we shall all be back to normal in 2-3 weeks.
with more care and better habits.

[lindowcross] 24/3/2020 10:53

Er, not exactly

[john09] 24/3/2020 10:19

US Markets pointing to a “LIMIT UP” opening i.e a speeding ticket

[john09] 24/3/2020 09:45

Clearly a bit of gyrating at the bottom here. I think we have seen the bottom at 20p, The upside however is a 5 bagger for patience

[stewart_25] 24/3/2020 07:59

bigger drop today with full lockdown in place?

[dinvester] 23/3/2020 18:03

Wigwammer,
It does appear to be down in Italy on yesterday which is good news.
So pleased that the UK government forced Marstons and Wetherspoons etc to close.
Just 2 days ago our local Marstons pub was encouraging everyone on social media to keep visiting their pub.

I see since my last post that the USA have confirmed that what they are offering in the way of help to many non vital industries is definitely loans.
It will be interesting to see what industries are offered non repayable support in the UK.
However, (back to the US) it is worth noting the Democrats blocking the support package claiming it is weighted towards a corporate bailout rather than towards health care.

[wigwammer] 23/3/2020 15:22

I am in profit, but not a large one. In my time I have held large positions in POG, SKP, PHTM etc etc.. each time I was told they were over leveraged and going bust. They went on to multiply. Doesn't work every time, but I have a long history dealing with these situations. I see the senior health minister from Madrid expects new cases of CV in Spain to peak this week, and that new cases in Italy fell yesterday for the first time in over a week. Strange that it isn't getting much coverage. If confirmed in numbers, I suspect it may break the negative feedback loop, particularly given the evident level of sentiment here and elsewhere.

[fenners66] 23/3/2020 14:29

WW if you can make money on today's buy good luck to you.

I watched the share prices of some of the above companies rise on the day before they went bust , some will buy anything at any time , (maybe they were shorts closing) so I know that even the most obvious basket cases can rise , even at the last minute.

Once you are in profit though the decision would be stick or twist...?

[dinvester] 23/3/2020 13:28

Update.
The USA policy makers are now making the decisions on which companies to save and which to let go.
This triage is necessary as the CV impact is massively worse than expected.
I presume that the UK government is making similar decisions now.

In the USA it appears that Only industries that are vital to help contain and stop CV will be helped past the original predicted timeline.
Airlines are already earmarked for saving regardless.
As they are classed as a vital service for now and the future.
Restaurants are expected to be on the let go list as the strong ones can rebuild on there own. The struggling ones sadly will not be able to bounce back.

No more info at this point.

[wigwammer] 23/3/2020 12:05

"Are you Marstons management?"Lol. That's right, whatever your impressionable head wants to believe :)

[dinvester] 23/3/2020 11:21

Wigwammer.
"Fenner is too emotional"????
You have your blinkers on. You clearly do not grasp the situation.
OR you have an ulterior motif.
Your views are too extreme.
Are you Marstons management?

[wigwammer] 23/3/2020 09:00

Is Fenner still suggesting that MARS has no inflows?He's a little too emotional for me, prefers a good story to analysis.I've bought near the lows and happy to see this out.ATB :)

[fenners66] 23/3/2020 08:39

Share price reaction : clearly they see it ww's way ....

[fenners66] 23/3/2020 08:38

wigwammer are you related to Comical Ali ?

You are starting to sound like some of the posters on the CLLN, IRV and DEBS boards.....

To preach that MARS is vital to the economy and would never be allowed to fail , prioritised before spending on public services , unless pubs are shut down for 3 years.....

Obviously you can make it up.

[dinvester] 23/3/2020 08:16

Wigwammer. I never mentioned 3years.

[wigwammer] 22/3/2020 22:15

Dinvester - if you believe CV is going to leave us in lock down for the next 3 years, you may have some sort of point. But I don't think anybody sensible believes that. In which case, you really have no point at all :)

[wigwammer] 22/3/2020 22:12

CHC - you are quite right. The government will not continue to support unviable businesses. They will continue to support companies like Marstons however, because they are too important both as an employer and as a contributor to the coffers of HMRC.

[wigwammer] 22/3/2020 22:09

Nope. The measures that are being taken safeguard millions of jobs, salaries, huge parts of the tax paying economy. They have made the right choice, but there was only one sensible one. Presumably that's why all interest groups and parties of all persuasions have come out in support. I'm sure some businesses will be allowed to go to the wall. But Marstons will not be among them. ATB :)

[dinvester] 22/3/2020 22:08

CakeHookersCars.
Thank you for stepping in.
The voice of reason.
:)

[cokehookerscars] 22/3/2020 21:59

The Government are borrowing money to do this and know full well that at some point they will have to reduce the support and even halt it altogether.
It can not keep borrowing endlessly.
This is only supposed to be a temporary situation.

And we will all of course be paying this debt we're building up now back for the rest of our lives (and future generations will be too).

Oh, and the government know full well that at the moment they will be financially supporting many companies which even without CV would fail. They can not go on keeping businesses like that afloat or paying 80% of the salary of each of their employees.

[dinvester] 22/3/2020 21:50

Wigwammer.
"no it couldn't"???