Marston's Share Discussion Threads

[smithie6] 25/3/2020 17:05

jeffian

Bishop's Tipple

I'm fairly sure its now a beer from Greene King

GK beer's used to be on tap at a social club/bar where I worked once
...a few games of snooker after work & some strongish beer on an empty stomach...'where's the party' :-) je je

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oops

looks like its from Wadworth

....I got mixed up with Greene King's "Abbot Ale"

[mister md] 25/3/2020 16:45

I like Marstons brands very much - shares have been a nightmare, but hey 40% recovery today, I'll drink to that

[jeffian] 25/3/2020 16:27

The true Bishop's Tipple was ours - Gibbs Mew of Salisbury - but got hived off when we stopped brewing and we were eventually acquired by Enterprise Inns in 1998. Funnily enough, against trend for small regional brewers, GM was one of the first to go 'all keg' so when the CAMRA revolution came along we were caught out and had to re-invent a real ale pronto. Bishop's Tipple was the result - a malty, stonking 6.5% brew which tasted fantastic. It's strength was a bit of a problem as most of us thought 5% was a good premium ale then and, frankly, most of us weren't used to it - as I can attest as the new beer featured at my wedding in 1976 and, how shall I put this, but the marriage was not immediately consummated. I can't remember who brews it now - in bottle only, I think - but it is a pale imitation of the real thing.

[smithie6] 25/3/2020 16:16

...gotta love all the interesting beer names that different cos. brew

Bishop's Tipple
Old Thumper
Old Peculiar
Hobgoblin

etc etc

[jeffian] 25/3/2020 15:48

#3476,

pherrom,

Funnily enough, I used to hold shares in both. Since W&D was the acquirer and Marstons the acquired, the entity we see now is the old W&D which has renamed itself.

When Oi were a lad, Banks's was the local brew....and I hated it! In the way that youngsters like lager now, I liked fizzy keg beers rather than traditional ales. To me then they were 'flat'. Double Diamond was a favourite; quite sweet and strong. I've grown up a bit since then. Tastes evolve. I like oysters and olives now!

[smithie6] 25/3/2020 14:38

123Trev

....the central banks can just make as much as they want, I think....as long as no one notices the size of the debt mountain it'll be fine, je je

& if the central banks keep the % rate at 0% , forever ?, then it be free, no ?! , forever ?!.

& if the UK debt is hidden behind the USA one (& Italy's) Im sure that no one will see it ;-)

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as long as they don't divide the overall debt & send me a bill for my part !...but they won't do that since the party doing it won't ever get any votes again !

[123trev] 25/3/2020 13:28

Be prepared for 3 weeks to turn into 2 months at a minimum that makes sense if you look at the projected peak.

[john09] 25/3/2020 13:11

Back in at 40p

[123trev] 25/3/2020 12:51

Well take your pick but economic is nailed on now.How is this all going to be paid for!

[smithie6] 25/3/2020 12:46

"future lost years"

you are thinking a dark/bad economic future or... ??

[123trev] 25/3/2020 12:11

Yes totally agree I reckon when this is all over you will have a euphoric two weeks but will that make up for the lost year and future lost years because by the time this is over the costs to everyone will not be a matter for celebration.

[archy147] 25/3/2020 11:57

Careful - couldn't agree more, when the ban is lifted people will be going in droves to the pub to make up for lost time.

As long as companies like MARS can avoid going bust in the short term, there's every chance service will be more than resumed in a few weeks/months.

[careful] 25/3/2020 11:36

On a glorious today like today.
After this war is over there will be a pent up demand to go out to pubs and restaurants.

Marston has a glorious future.

[pherrom] 25/3/2020 10:52

jeffian
Merged with John Thompson & Son Ltd in 1898 and the name was changed to J.Marston, Thompson & Son Ltd; and then to Marston, Thompson & Evershed Ltd in 1905 when Sydney Evershed Ltd was acquired.

In 1999, Marstons were bought by Wolverhampton & Dudley Breweries Ltd, and the brewery group was later renamed Marstons PLC.

So in 1970 they were certainly M T & E.

[jeffian] 25/3/2020 10:31

#3473,

Newcomer! Wolverhampton & Dudley Breweries, if you please!

[john09] 25/3/2020 10:06

I thought I’d buy and hold but i cant pass up the lock in of profits 26p - 47p in days

[chinese investor] 25/3/2020 09:59

GO GO HORSEY !

[pherrom] 25/3/2020 09:32

I bought these when they were Marston Thompson & Evershed (1970) @ 10/6d (52½p).
I'm hoping that they'll soon be back above that.

[john09] 25/3/2020 08:58

Yep. And marstons is a long way off from being a Marconi mate

[mister md] 25/3/2020 08:53

Just have a diversified portfolio of shares. Thats a good start.

[careful] 25/3/2020 08:48

Calmer heads must exploit the fear of others.
But sometimes panic is the correct course of action.

[smithie6] 25/3/2020 08:44

jeffian
some interesting points

I dont agree that ale is a declining sector in the medium term

in Europe as a whole it has grown from not-existing 5-10 years ago. People had heard of it before or every experienced the flavour.

in Spain for example some people are now drinking IPA as an occasional treat (since it much more expensive), & many micro breweries in Spain now make it & sell it !....& it is now appearring in supermarkets...

in eastern Europe one of the biggest selling canned beers is an IPA, whereas perhaps 5 years ago it perhaps didnt exist at all

(the new Hobgoblin IPA won the award for the best IPA in the world, whether the directors are able to turn that award into monthly profit, I dont know; but the market/demand for IPA is there & growing in Europe if not in the UK)

they, in Eastern Europe, also sell a LOT of weaker beers/shandies in summer, mixed with
- grapefruit
- lemon
- & other fruits

One of the biggest selling drinks in Spain in the summer is beer with lemon. On draught or in cans/bottles.

craft beer is a growth sector in the rest of Europe

while Im sure that lager dominates the market, as you said,....but there is a big market for other drinks/tastes.

Coca cola is one example. there used to be just 1 type. Now there are maybe 10 different types.
If you look at the product range of companies like Damn Estrella, San Miguel you will see more different tastes/drinks/beers. It is proof that providing different flavours is what is happening, imo

& the world doesnt just want to drink (cheap) lager (while it might be the biggest seller)

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the size & growth & success of Wetherspoons over X decades also shows that there is solid massive demand for 'tasty' ales.

[john09] 25/3/2020 08:35

Good me too. I unfortunately paid 26p lol.

[archy147] 25/3/2020 08:34

Yes I did get some at 25p thank you John!

I see no reason to let go of these until they hit 100p either. :)