Marston's Share Discussion Threads

[exel] 12/10/2016 09:36

Seems that the market has read update this wrongly. why? the second half comparison (with last year) was always seen to be a tough one to beat, and it has been beaten. 'like for like' excludes the new outlets, surely? and any smaller disposed wet-led units. So, with about 25 new sites (again!) this year (and a further batch to come next year et seq) the overall platform, here, has not just been improved, it has been 'grown'. Amazingly, the prelims due next month could actually surprise people, who must (judging by the weak showing today) have merely fixated on the modest level of 'like for like' sales increase. The monetary sales increase will surely be bigger? and the impact on profit (not mentioned today - other than 'in line') should further reveal the 'earnings inflection point' referred to way back earlier on this thread. Anyway, happy to top up at 142p - roll on the prelims. I'm with Cannacord & Panmure on this, unless they retreat from 175p and 180/185p. Even at any of these levels, MARS would still be rated well below GNK on any meaningful measure. Just my take. DYOR ex

[redartbmud] 12/10/2016 07:58

Trading results steady as you go. Modest growth.

[skinny] 11/10/2016 16:38

Yes, so have I.

Both Cannacord and Panmure have had 175p TPs for at least a year and Numis 180/185 for similar - I don't mind which.

[exel] 11/10/2016 16:25

Thanks Skinny, very good context! Doesn't make MARS look that exceptional? Still like their business model and have reasonable hopes from tomorrow's update. ex

[skinny] 11/10/2016 16:17

I'm not sure if there has been a sector upgrade, but JDW is up 3.2%, GNK +1.3%, ETI +3.8% and MAB +1.3%.

[exel] 11/10/2016 14:31

With an annual 'end of year' trading update due out tomorrow, it is beginning to look (from today's share price movement) as if the market senses (or knows?) that 'this' will be positive news. From a great distance, I personally expect a solid update. ex

[redartbmud] 18/9/2016 09:39

But you can but tea and coffee in pubs now!

[spacecake] 17/9/2016 11:12

Looking at the share price your would think the nation has gone tea total

[r ball] 27/7/2016 23:27

Better than MAB

[skinny] 27/7/2016 10:39

Canaccord Genuity Hold 139.45 175.00 175.00 Reiterates

Numis Buy 139.45 185.00 185.00 Reiterates

Panmure Gordon Buy 139.45 175.00 175.00 Reiterates

[olliemagern] 27/7/2016 10:32

MARS revenue growth is now outperforming the sector, with growth expected to outperform over the next few years. Currently yielding a 5.25% div @ 139p, and a p/e 10.1 on f/c eps 13.74p for Y Sept 16, these have been oversold.

[libertine] 22/7/2016 19:33

Update 27/7

[olliemagern] 22/7/2016 16:46

Does anyone know if there is going to be a trading update next week?

[speedsgh] 04/7/2016 13:59

JP Morgan Cazenove issues a broker note on Marston's PLC -

JP Morgan Cazenove today upgrades its investment rating on Marston's PLC (LON:MARS) to overweight (from neutral) and cut its price target to 150p (from 160p).

[defcon3] 01/7/2016 14:59

My mistake. Lots of 2 for 1's in the future then!

[libertine] 01/7/2016 14:30

Not drink I`m afraid.

[defcon3] 01/7/2016 14:26

Ive just spoken with them. A copy of my contract note emailed to them will suffice. Qualifying criteria is 500 shares. Entitles you to 20% off food, drink and accommodation Worth the effort IMO, especially with one of their pubs just down the road!

[libertine] 01/7/2016 11:56

hxxp://privilegecard.marstons.co.uk/TermsAndConditions

[exel] 01/7/2016 11:49

thanks ianwood, what's the minimum holding please? and how does the loyalty card work - %rate? limits? etc. thanks in advance, ex (p.s. long here and unworried for reasons stated above)

[ianood] 01/7/2016 10:36

I sent the company a copy of my SIPP contract note and received loyalty card by return

[defcon3] 01/7/2016 09:32

Apparently you can with a nominee account - as per the MARS website. AJ Bell don't allow you to though. Might try MARS direct

[skinny] 01/7/2016 09:24

I did with HL, although I haven't used it as yet!

[gbb483] 01/7/2016 09:20

How do you get one with a nominee account?