Marston's Share Discussion Threads

[diku] 11/5/2020 12:20

Can Marstons pubs be converted into flats then?...

[jeffian] 11/5/2020 10:39

See #3629.

If you don't believe me, see this 2-page spread in today's Times business section -


There are some scary figures in there from a survey of publicans. 40% say they cannot afford to re-open NOW; 70% say they can't afford to re-open if the closedown goes on until December.

I don't know how this will pan out, but isn't that the point? How can you invest without having a clue what the hospitality world will look like when the lockdown is eased? One thing is for sure, it isn't just going to return to where it was before Covid-19 struck.

[dogwalker] 11/5/2020 10:10

And vice versa !
EDIT : Maybe not....

[diku] 11/5/2020 09:46

Just when you thought it was going up it goes down...

[knowing] 11/5/2020 09:06

So Mr Rabb is suggesting 4/7 for Pubs to potentially open

[kirk 6] 11/5/2020 07:16

Should be a good day today! A close mid 40s will be nice

[creddy] 10/5/2020 23:50

I reckon will hover around 35p for couple months. Remember, the hairy hound will only open her front and back doors if she has a big bushy garden front and back. Always drink lots of hobgoblin then do your own thinking even if you generate lots of steam out of your ears.

[barnes4] 10/5/2020 20:42

Always the debt that does companies

Good old fashioned cash in bank is what you need

[redartbmud] 10/5/2020 20:27

It was the debt wot dun it guv.

[careful] 10/5/2020 19:58

Mars will have been busy on the brewery side.

The real fear was talk of closed pubs until the end of the year.
That could mean the threat of bankruptcy.

Mars should now survive and today it is priced to fail.

[kirk 6] 10/5/2020 19:55

Nope I don't think that at all. However I'm sure you know by now it's an assessment of what the market has already priced in! The market was certainly not expecting a July reopening that's for sure and however many fit into a bar or restaurant it's moving in the right direction earlier than expected.

[jeffian] 10/5/2020 19:52

Frankly, I don't see any reason for a share price recovery in the short term. Keeping pubs and restaurants closed until July is a disaster for the hospitality industry and the financial damage caused is going to lead to some permanent closures and job losses. As someone else says above, the idea of opening a pub or restaurant with "the appropriate social-distancing" measures in place is a non-starter. You can't run these places half empty. Beer garden? So you get some customers on a nice sunny day. Next day it rains and...? What do you do? Put all your staff on zero-hours contracts and tell them each morning whether they've got a job or not. A substantial number of pubs simply won't reopen on those terms.

Good luck tomorrow if you've bet the farm on a sharp share price recovery.

[redartbmud] 10/5/2020 19:51

Precisely.

[barnes4] 10/5/2020 19:43

Roar but Kirk thinks everything is back to normal

It means you can open a pub pay all the overheads and have 6 tables in the bar

And make a phat loss

[redartbmud] 10/5/2020 19:40

Don't see much volume for months.
Just MHO.

[eeza] 10/5/2020 19:39

N0.

He's filtered.

[kirk 6] 10/5/2020 19:37

Yes mate we settled this years ago. Are you still in GMR?

[barnes4] 10/5/2020 19:35

Are you Kirk off Corrie?

[kirk 6] 10/5/2020 19:31

Mid June lol? Let's not get too excited! July is brilliant news certainly for Marstons as a business! Roll on a huge recovery now in share price

[diku] 10/5/2020 19:29

Think all this hospitality will start making arrangements in hope for mid June open..

[john09] 10/5/2020 19:28

Lets see how this reacts tomorrow. Could be a good day

[careful] 10/5/2020 19:25

That was good news.
We shall all have to be cautious and keep our distance.

If we stay alert, spread ourselves out things will be better than ever.
A nice meal well spaced out in a well ventilated pub would be an improvement.

Put the prices up a bit, suits me, worth it.

[kirk 6] 10/5/2020 19:23

Agreed John really did not expect that. -Back end of year at best! Will be a big day tomorrow that's for sure