Marston's Share Discussion Threads

[meijiman] 30/4/2020 18:55

It would look a bit odd if Spoons reopened and Marstons pubs stayed shut.

[jeffian] 30/4/2020 18:46

"Only a matter of time before the country is opened up now."

Not specific to this company/thread, but I am absolutely amazed that the market is so sanguine about the long-term damage this can have done to the economy. People seem to think that it's all going to go back to where it was before within months. There's going to be bankruptcies, unemployment and huge debt, never mind the potential macro-economic issues that could blow the world economy out of the water. Italian banking collapse? Eurozone implosion? Further pandemic sweeping through the growth economies of SE Asia (do you believe those Chinese figures)?

As far as MARS is concerned, there's no knowing what havoc a Quarter with no revenues will have done and as they keep saying that pubs/clubs/restaurants will be the last to reopen - and then with 'social distancing' regulations (how does that work in a pub?) - this year is a write-off. It might be OK for daytrading on short-term emotion, but I don't think we've begun to understand the worst.

[john09] 30/4/2020 18:21

Yep this will be straight out of the blocks gain tomorrow

[sh1984] 30/4/2020 18:15

BOJO says UK has passed its peak on coronavirus.
Only a matter of time before the country is opened up now.
Nice rise expected tomorrow.

[fizzypop] 30/4/2020 15:07

john09 - nicely timed purchase again.

[creddy] 30/4/2020 14:57

Just had some artoris and cassilero del boy diabolo before doing some more thinking. Suspect these could retest 30p, Tim is in cloud cuckoo land thinking he'll open in June. Up and down more often than a certain professions nik naks. Excellent trading opportunities. Always buy low, sell high. Unless you're a 5'4" seller.

[john09] 30/4/2020 14:16

Back in at 37.8p 150,000

[skinny] 30/4/2020 12:20

Both good posts careful.

[meijiman] 30/4/2020 11:45

Good points careful. Certainly agree with you for AIM..buy and hold rarely works.
On the other hand there is always an exception eg BOO.

[careful] 30/4/2020 10:26

I wonder if buy and hold is a good strategy anymore.
Most shares in the index get marched up and down, doubling and halving or worse.
No doubt driven by algo momentum trading.
Cant think of many shares that have not halved or doubled over the last 2-3 years.

Being able to trade a single share 5 million times per day seems crazy me.
About time they stopped it.
A transaction tax of 0.01% per trade would fix the problem.
Or even making it impossible to sell a share unless you had owned it for 1 hour.

It would be good to slow things down a bit.
Too much market manipulation, but it does create opportunities.

[john09] 30/4/2020 10:10

Holding is a fine strategy . So is trading. Just enjoying the volatility

[careful] 30/4/2020 10:09

too many day traders, not enough serious long term investors anymore.
when the fun stops, stop.

casino investing.
It is hard to resist though.
bought some shares 2 weeks ago and sold 2 days later 33% up.

Like most investors and fishermen, we talk about our big wins because it makes us feel smart, but overall most of us are losing big time.

This has been a hectic 18 months.
Brexit, chaos in parliament, a general election the threat of Corbyn, and now the pandemic.

I dream of simpler, quieter times.

Holding on to Mars, short term pain likely, but a well run company.

[john09] 30/4/2020 09:30

Actually its proven a nice quick trade in at 36p out at 39.6p that’ll do. The daily move is hard to justify.

[chinese investor] 30/4/2020 09:30

I sense 80p !

[john09] 30/4/2020 09:21

I think it looks good for a run tbh. Doubled up at 36p today

[wigwammer] 30/4/2020 08:24

Well done John. Think I'm going to take my profits here. Atb

[john09] 30/4/2020 08:09

Hold for 50p

[john09] 30/4/2020 08:09

Delicious start. Holding 160,000 of these babies

[john09] 30/4/2020 08:03

In nice and early

[creddy] 29/4/2020 23:46

Wetherspoons plan to open in June apparently. But in what capacity. Doesn't sound economically viable while having to maintain social distancing. Interesting days and weeks ahead.

[john09] 29/4/2020 20:42

I think this one is set for a good day tomorrow . Remind me to buy more in the am (mental note)

[the deacon] 29/4/2020 19:50

I think it's almost guaranteed for MARS to raise cash

[john09] 29/4/2020 18:22

Yes at 900p which was the price earlier in the day. It closed at 960p ie above the placing price which is relatively common at the moment with other stocks

Be good if marstons also got a placing away

[eeza] 29/4/2020 18:16

Placing at JDW after close.

[dogwalker] 29/4/2020 17:46

Good for you Sbb1x. What are the particular features of the company as an investment which attracted you more than other currently down-beaten shares?