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MARS Marston's Plc

30.35
1.45 (5.02%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marston's Plc LSE:MARS London Ordinary Share GB00B1JQDM80 ORD 7.375P
  Price Change % Change Share Price Shares Traded Last Trade
  1.45 5.02% 30.35 4,746,257 16:35:11
Bid Price Offer Price High Price Low Price Open Price
30.05 30.25 31.05 28.00 28.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Malt Beverages 885.4M -9.3M -0.0147 -20.54 191.51M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:11 UT 142,420 30.35 GBX

Marston's (MARS) Latest News

Marston's (MARS) Discussions and Chat

Marston's Forums and Chat

Date Time Title Posts
09/5/202419:09Marstons...time to buy???7,228
10/4/202422:21Marstons - Needs Shaking Up !2,274
07/10/202217:08MARSTONS 2020 461
04/6/202014:38WHEN ARE THE FUCKIN PUBS OPENING? SINCE THE BEACHES ARE!!14
21/7/201811:24Is there Life on MARS?91

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Marston's (MARS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:1130.35142,42043,224.47UT
15:29:2430.2549,31414,917.98O
15:28:5330.166,6301,999.74O
15:28:1530.203,5361,067.87AT
15:28:1530.203,000906.00AT

Marston's (MARS) Top Chat Posts

Top Posts
Posted at 09/5/2024 09:20 by Marston's Daily Update
Marston's Plc is listed in the Malt Beverages sector of the London Stock Exchange with ticker MARS. The last closing price for Marston's was 28.90p.
Marston's currently has 634,148,510 shares in issue. The market capitalisation of Marston's is £191,512,850.
Marston's has a price to earnings ratio (PE ratio) of -20.54.
This morning MARS shares opened at 28p
Posted at 09/5/2024 16:36 by meijiman
One of the worst is De La Rue. An offer of many multiples of the present share price was rejected. The issue is the management are interested in keeping jobs/salary/perks. They are not interested in shareholders at all. They know they will be out the door for being useless as soon as the deal goes through. To succeed the bidder needs to convince the institutional holders to back them.
Posted at 09/5/2024 13:34 by gkace
Daily Mail: Marston's: Value £175mShare price down 92pc since peak in February 2007Interest may also be brewing in pub and hotel group Marston's, where shares have almost halved from their peak.Rival Wetherspoons is booming as punters flock in for cheap pints, but rivals such as Marston's are having a much harder time.Having suffered badly during Covid, shares are still languishing well below pre-pandemic levels and are down another 17 per cent so far this year.Victoria Scholar, head of investment at Interactive Investor, cited Marston's as a potential target.In 2021, the group snubbed a £666million approach from private equity. At the time it said it significantly undervalued the British pub operator.Marston's – the brewer of Pedigree, Hobgoblin and Lancaster Bomber beer – said this was the firm's third takeover proposal.Marston's first started out as a family business over 180 years ago and today has 1,400 pubs and around 11,000 employees across the UK.
Posted at 05/4/2024 13:53 by careful
Market cap is about £165m.

A share price of 26p against so called net assets of over 100p per share looks odd.
There is the debt, and interest rates and cost of servicing debt needs to come down.

Someone knows something we don't. we need an update, May is a long time to wait.
Financials here are always complicated.

The share price is suggesting we are in serious trouble.
Tempting for the contrarian.

Revolution Bars Group situation does not help sentiment.
They seem to be a a hopeless position.
A much smaller operation.
Posted at 13/3/2024 07:58 by jubberjim
In light of the move across to British Land of our lame duck it is hoped that the regulatory authorities will be keeping an eagle eye on any decisions by said company .

In doing nothing for the Marstons share price there will have been a lot of knowledge gathered as to Marstons Pubs and land holdings which i would imagine might be substantial.

Be safe
Posted at 28/2/2024 23:24 by fenners66
>Heatseek77
>21 Feb '24 - 11:56 - 7040 of 7052

"If you'd done any research you'd know debt isn't seen as an issue here as it's more than covered by assets."

That's great news , so no one in the city is bothered about the debt any more and the share price has risen to £1.05 per share then ! Thanks for your wisdom.....

Except .... the share price is down to 29.5p ! Close to all time lows ?
Posted at 23/1/2024 13:42 by libertine
Analysts at Shore Capital reckon the lack of share price movement, and the consistently low valuation, has been led by the group’s debt pile.

In December, Marston’s revealed that at the end of the 2023 financial year, its net debt sat at over £1.1 billion.

Its market capitalisation sits at £210 million.

Yet, Shore Capital argues the market is failing to account for the “optionality held on the balance sheet”.

The London-listed company’s flexibility arises from both its £2 billion property estate and its 40% stake in the Carlsberg Marston Beer Co, which brews brands like San Miguel and Hobgoblin.


Marston’s also trades on a price-to-earnings ratio of 5x and a 65% discount to its net asset value.

“With current trading resilient, ongoing margin improvement and deleveraging targets, we continue to see the valuation normalising over time,” Shore Capital concluded, before rating the stock a ‘buy’.
Posted at 05/12/2023 17:16 by the grumpy old men
Marston's slumps to a loss but pub group eyes bumper Christmas

Wolverhampton-based firm see like-for-like sales up 7.4% since 30 September

It also recorded a 9.1% rise in revenues to £872.3m over the same time period

By Daniel Fessahaye

Updated: 13:43 GMT, 5 December 2023



Marston's is preparing for a 'promising' festive period, with bookings ahead of last year, after enjoying a jump in sales since the end of September.

The Wolverhampton-based firm, which owns 1,414 pubs across the UK, told investors positive trading momentum had continued in recent months, with like-for-like sales up 7.4 per cent since 30 September.

It followed a 9.1 per cent rise in revenues to £872.3million over the year to 30 September, thanks to 'encouraging' sales of both drink and food.

But Marston's still fell to a £20.7million pre-tax loss for the year after it was impacted by interest rate swap movements and charges linked to weaker property valuations, compared with a £163.4 million profit a year earlier.

On an underlying basis, Marston's pre-tax profits increased from £27.5million to £32million.

The pub giant, which owns 1,414 pubs across the UK, told investors that bookings for the key Christmas period have been 'tracking ahead of last year'


The group said: 'Bookings for the Christmas period are promising and tracking ahead of last year.

'As always, walk-in trade represents a significant proportion of overall sales over the period; however, the booking momentum demonstrates that, despite economic pressures, people still want to go out and celebrate in a pub.'

It follows similar reports from rival pub chain Fullers, which said early last month that bookings were already 11 per cent above last year.


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The update comes just weeks after Marston's announced the immediate departure of its chief executive Andrew Andrea.

Andrea, who led the business for two years, will be replaced by former Merlin Entertainments executive Justin Platt in January.

Platt will be charged with improving costs and reducing borrowing at the business in order to bring it back to sustainable profit.

In October, the firm said it reduced head office headcount costs by about £5million this year amid plans to trim its debt pile by between £60million to £70million in 2024.

Pub groups have been grappling with high costs of raw materials, energy and labour as inflation remains stubbornly high.

However, costs have started to ease over the last few months, although the cost-of-living crisis remains a threat as cash-strapped customers cut down on discretionary spending.

On Tuesday, the group said it was looking to save a further £3million due to reductions in its energy costs and pub labour costs in the current financial year.

It is also seeking to reduce its borrowing levels in the longer term and said it will sell around £50million worth of 'non-core' pub assets to help achieve this.

Chairman William Rucker said consumer demand has remained 'resilient' despite the challenging economic backdrop.

Rucker added: 'The consumer has remained resilient despite the macro backdrop and Marston's continues to trade well, achieving market outperformance.

'We anticipate an improving outlook in which cost headwinds are largely abating and like-for-like sales are up over 7 per cent since the year end.

'This, together with the actions we have taken this year to drive further efficiencies, leave us confident that Marston's remains well-placed to continue to outperform and to grow revenue, margin and profitability.'

Marston's shares fell by 1.45 per cent to 30.50p on Monday morning trading.
Posted at 15/10/2023 18:54 by jeffian
florenceorbis,

But it hasn't been "the past 2 to 3 years". MARS has been a serial underperformer for ever -



It didn't matter too much when it paid a good divi but investors have had the double-whammy of no divi and a slaughtered share price. As for being "vastly undervalued", well that's what the Board said when they turned down a bid in excess of £1/share not so long ago. And look where the share price is now! If it is undervalued, the issue for shareholders is, how do you extract that value? This Board has had plenty of time to demonstrate that and failed to do so, so either someone else should be given the chance or it should be sold.
Posted at 11/10/2023 08:18 by careful
Marston are recovering from the existential threat that was Covid.
As we know the share price has been crushed and it will take a while to recover.

Reducing the headcount as they are doing can be expensive in the short term but eventually helps cash/profit.

Rebalancing the business will cause some financial bumps, but they are on the right track.

I can buy more risk free 2-3 bond paying 5% p.a. or put some into Mars shares, hoping the share price is 36p or more in 3 years time.

Well worth a punt.
Posted at 07/6/2023 19:43 by boffster
Back in 2019 GNK was taken out when it had c. £2.2bn revenue and c. £1.9bn of debt. The consideration was £4.6bn which stripping out the debt, leaves £2.7bn for the equity or just over 1x earnings on a debt free basis. That was on a NAV (less goodwill) of about £900m.

Applying a similar valuation to MARS would value the equity at about £1bn or about £1.50 per share (not a million miles from where MARS share price was, at the time)
Marston's share price data is direct from the London Stock Exchange

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