Marston's Share Discussion Threads

[tallprawn] 28/5/2020 08:50

Agreed - Some decent consolidation and a shake out of traders yesterday.Potential pub reopenings sooner than anticipated so expecting a return back towards 100p through June. Good value to be had here with an entry at these levels.

[pilkersa] 28/5/2020 08:49

Much rather a slow and steady rise......

[sbb1x] 28/5/2020 08:46

Pubs to open earlier.... 70s next few sessions

[neilyb675] 28/5/2020 08:41

59.90 - 60.30 (GBX) at 08:40:43
on Market (LSE)

[qs99] 28/5/2020 08:37

Nope, patience required!

[john09] 28/5/2020 08:13

It’s not exactly flown out of the blocks.

[neilyb675] 28/5/2020 08:04

very long auction...

[chinese investor] 28/5/2020 07:54

AST will double !

Chinese Investor (MARS) 26 May '20 - 09:39
For the record I got my 80p (or thereabouts).
Good luck to all genuine holders.
AST will soon be zooming !

[qs99] 28/5/2020 07:51

RBG another one that with financing in place still looks oversold IMO.....DYOR and enjoy the sunshine today

[pilkersa] 28/5/2020 07:48

Yep think some pub and brewery stocks are going to fly today if thats in fact true.....

[qs99] 28/5/2020 07:35

Fact that govt are looking to ease pub restrictions early per the press today, should be good news IMO...DYOR

[whackford] 28/5/2020 07:18

Broker Liberum upped its price target on buy-rated Marston's to 90p from 65p on Wednesday as it argued that the creation of a brewing joint venture with Carlsberg, announced last week, "solves several near-term issues and should continue to drive value over the medium to long term".

Liberum said the JV crystalises value, simplifies the business focused on higher growth/higher returns pubs and releases cash to pay down debt.

"The transaction structure should initially be cash flow neutral and earnings enhancing over the longer term as synergies are realised in both the JV and retained Marston's business," it said. "We continue to expect securitised bondholders to approve covenant waivers and amendments imminently, unlocking liquidity headroom and improving sentiment."

Marston's announced last Thursday that it had formed a new joint venture partnership with Carlsberg UK to create a "best-in-class, brand-led UK brewer of scale" worth around £780m.

Under the terms of the agreement, Marston's will receive a 40% stake in Carlsberg Marston's Brewing Company, and a cash equalisation payment of up to £273m. Marston's said it will focus on its pub and accommodation business while retaining its stake in "a larger, more attractive brewing business".

[h2owater] 28/5/2020 06:48

Coronavirus: Johnson hints at pubs opening before July as lockdown measures ease

The PM hopes the two-metre social distancing rule could soon be reduced to help hospitality businesses reopen faster.
Jon Craig - Chief political correspondent
Jon Craig
Chief political correspondent @joncraig

Thursday 28 May 2020 02:58, UK

[neilyb675] 28/5/2020 06:20

"It is very difficult to bring forward hospitality measures in a way that involves social distancing," he told the Liaison Committee during questions on re-opening the economy.
"But I'm much more optimistic about that than I was. We may be able to do things faster than I had previously thought."
The PM also said he hoped the two-metre social distancing rule could soon be reduced to enable businesses such as pubs and restaurants to reopen faster.
He said he had asked the government's scientific advisers to look again at the guidance and was optimistic "we will be able to reduce that distance" as the coronavirus lockdown is lifted.

[mister md] 27/5/2020 16:17

they want to clear out those pesky daytraders first, then the serious investors will reap the rewards of this transformational deal

[buoycat] 27/5/2020 15:52

I had my finger on the button to top up my holding at 55 last week but missed the boat. Taken the second chance. Still think the deal is transformational.

[diku] 27/5/2020 15:49

The gap up Tuesday was there to top slice it...some had other ideas...

[chinese investor] 27/5/2020 15:46

My thinking entirely careful.

[careful] 27/5/2020 15:39

Why don't we listen to CI more often?
He is an investment genius always selling at the top and buying at the bottom.
Exactly opposite to the rest of us.

On Tuesday morning MARS spiked for a few minutes at 80p then fell back sharply.
And he was in at the spike.

Always admire investors with such gifs and Talent.

[careful] 27/5/2020 15:11

Still a lot of questions to be answered.

[mister md] 27/5/2020 14:52

shake out the T-traders who bought on the news on extended settlement. Then rally it from there onwards. Thats how these thinngs work, right ?

[diku] 27/5/2020 13:16

They were thinking it was going to the moon...

[astute person] 27/5/2020 13:12

Didn't you lot get Chinese Investor's personal message to sell at 80p?
I guess not.