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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Mitchells & Butlers Plc | MAB | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.50 | 0.22% | 230.00 | 16:35:16 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 228.50 | 228.50 | 232.00 | 230.00 | 229.50 |
| Industry Sector |
|---|
| TRAVEL & LEISURE |
| Top Posts |
|---|
Posted at 23/10/2023 21:49 by trcml new here, I have it on good authority that MAB's pension fund deficit will be paid by the end of this year. Not said but implied the divi might be restarted. |
Posted at 30/9/2023 10:46 by libertine Shore Capital: Mitchells & Butlers is ‘inexpensive&#Shares in pub group Mitchells & Butlers (MAB) are inexpensive despite a strong balance sheet and building momentum, says Shore Capital. Analyst Greg Johnson retained his ‘hold’ recommendation on the Citywire Elite Companies + rated stock, which was trading at 223p on Thursday. A fourth-quarter update from the group showed ‘momentum during the year’ had pushed into the final three months of the financial year, with like-for-like sales in the 52 weeks to 23 September up 9.1%. Full-year results are expected to be near the top end of expectations. ‘The group continues to trade well, the balance sheet has significant property backing and the shares are inexpensive,’ said Johnson. ‘We have a “hold” stance, noting the limited cashflow relative to its bond amortisation schedule, with better value in the likes of Marston’s (MARS) and Restaurant Group (RTN).’ |
Posted at 28/9/2023 07:59 by trader465 Strong trading has continued through the fourth quarter, bringing year to date like-for-like sales growth to 9.1%, with total sales growth now of 10.5%. |
Posted at 27/7/2023 20:10 by volsung MAB rhymes with WAB |
Posted at 19/7/2023 15:30 by volsung Bought a fewHave a few JDW. Hopefully MAB will do as well as them |
Posted at 17/5/2023 12:06 by kalai1 M&B plc posted solid Interims for the HY to 8th April this morning. The Group recorded strong like-for-like sales growth of 8.5% versus HY 2022, built on volume growth in both food and drink, taking total revenue to £1,282m. Operating profit was down to £99m (HY 2022 £121m) with PBT down to £40m (HY 2022 £57m) with costs remaining a challlenge. However, the medium term cost outlook is improving. The balance sheet looks solid with net debt reduced to £1,193m and at multi-year lows, while gearing ratios are both under 100%. Mangement remain focused on the Group's Ignite programme of initiatives and its successful capital investment programme, driving cost efficiencies and increased sales. The medium term outlook looks encouraging as inflation pressures recede, although the weak economic outlook poses some headwinds to consumer discretionary spending near term. Valuation is decent if not compelling with forwrd PE ratio at 14.4x in the second quartile for the Hotels & Entertainment Services sector, PS ratio at 0.53x is a little more attractive and top quartilwe for the sector. Share price also has positive momentum andis extending its 6-month rally this morning. BUY......from WealthOracle |
Posted at 07/3/2023 10:33 by netcurtains With what's going on at Wetherspoons share price recently I'm into MAB too.The graph shape looks interesting. And the sector looks potentially undervalued. |
Posted at 25/1/2023 10:22 by darrin1471 Have just noticed a "sleight of hand" in the MAB trading update."Comparing to the same period in FY 2019, the last full financial year before Covid-19, like-for like sales were up 8.9% over the first 15 weeks to 12 January 2019" Lockdowns did not occur until March 2020 so the trading statement covering the 14 weeks ended 4 January 2020 would have been last pre covid festive period. LfL sales were up 5.6% in the 14 weeks 2020 vs 2019 So MAB LfL sales were up 3.1% vs the last covid free festive period. Volumes were therefore likely to be significantly down once inflation is taken into account. |
Posted at 12/1/2023 09:59 by southernsong Nice trading update for the MAB longs.A nod to you from the Marston's (MARS) thread. We are coming off a similar low base with an upcoming trading update. Company through the worst imho. adyor etc. SouthernSong12 Jan '23 - 09:56 - 6300 of 6300 Edit 0 0 0 Worth looking at Mitchells & Butlers (MAB) today - no position held - who have delivered a decent trading update. Good to see them clawing back ground. I believe MARS will soon deliver something similar and that we are a little earlier on the recovery curve and moving off a low base. Still very long on MARS. |
Posted at 07/12/2022 08:57 by f15jcm The terms of the debt prohibit them from paying a dividend |
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