Mitchells & Butlers Investors - MAB

Mitchells & Butlers Investors - MAB

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Mitchells & Butlers Plc MAB London Ordinary Share GB00B1FP6H53 ORD 8 13/24P
  Price Change Price Change % Stock Price Last Trade
-1.00 -0.36% 279.50 16:35:23
Open Price Low Price High Price Close Price Previous Close
275.50 273.50 282.00 279.50 280.50
more quote information »
Industry Sector

Top Investor Posts

togglebrush: Press Feb 12th, 2016 Mitchells & Butlers plc (LON:MAB)‘s stock had its “buy” rating reissued by investment analysts at Goldman Sachs in a research report issued to clients and investors on Friday, Market Beat reports. They presently have a GBX 410 ($5.91) target price on the stock
togglebrush: Press Extract Shareholders in Mitchells & Butlers (M&B) have been urged not to lend their holdings in the pub operator before a showdown vote on the election of four directors put forward by rebel investors. In what is thought to be an unprecedented joint statement, two leading shareholder bodies also called on their members to reclaim any M&B stock out on loan to hedge funds and other traders as soon as is practically possible.
timbo003: Piedmont = Shrewdie investor Joe Lewis I fear that M&B's days as a listed company may soon be over (oh dear what a shame that would be!)
history man: I think i'm selling!!! fed up with waiting in hope that this lot may turn themselves round. Never any good news they just don't know how to manage positive publicity!!!! Investors just look at Punch SP; this will implode and the bondholders will have to then sell off in pieces
timbo003: From yesterday's London Evening standard A possible sale of some pubs owned by Punch Taverns renewed interest in the sector. Altium Securities analyst Greg Feehely pointed out the divergence in performance between the operators, with some making spectacular gains. JD Wetherspoon and Mitchells & Butlers have seen their shares rally in the past quarter. Wetherspoon might be down 29p at 339p today, but it has advanced by 48% in the period and M&B, 1.25p lower at 215.25p, by 67%. The brewing pub companies have also fared well, with Greene King, 1.5p off at 393.5p, up 24.2% and Marston's, 1p better at 111.75p, gaining 31.4%. Even so, Feehely thinks investors could see further increases. Of the four companies he is picking, M&B and Greene King are rated buys while Marston's and Wetherspoon are seen as holds.
togglebrush: From FT British billionaire takes Tchenguiz's stake in M&B By Pan Kwan Yuk and Neil Hume Published: October 8 2008 02:20 | Last updated: October 8 2008 11:14 Joe Lewis, the British born billionaire, has emerged as the buyer for Robert Tchenguiz's 25 per cent stake in Mitchells & Butlers, the UK pub operator. Mr Lewis, who lost about £500m from the collapse of Bear Stearns, acquired some 105m shares in the All Bar One operator Tuesday at a fire-sale price of 130p apiece. That compares with a market price of 163p, which had already fallen 12 per cent during the day. The disposal by Mr Tchenguiz, M&B's largest shareholder, is the latest illustration of how the financial crisis in Iceland is having far-reaching repercussions for UK companies. Although the stake is understood to belong to Mr Tchenguiz, the actual seller was Iceland's Kaupthing, which was holding the shares as collateral. The Icelandic bank is one of Mr Tchenguiz's financial backers and bankrolled the property enterpreneur's move in July to convert his the bulk of derivatives holding in M&B into shares in order to stop it being lent to those betting on price falls. But with banks in Iceland being forced to deleverage, Kaupthing has called back the loan it gave to Mr Tchenguiz as part of its efforts to shore up its balance sheet. Unable to raise the fund to repay the loan, the Iranian-born financier was forced on Tuesday to liquidate his position in M&B. The disposal marks a remarkable turnaround to Mr Tchenguiz's relationship with M&B. Having stalked the company for several years, he finally twisted management into meeting his desire to squeeze more from its real estate last year. That led to the ill-fated hedging operation that put the company in play earlier this year. In May, he tightened his grip on the company after he successfully appointed two non-executive directors from his R20 vehicle and quietly applauded the group's plan to separate its property into a real estate investment trust. Tim Smalley and Aaron Brown, employees of Mr Tchenguiz's investment vehicle R20, are likely to resign from the pub group's board as a result of the disposal. It is not clear how much money Mr Tchenguiz have lost on the stake sale. He could not be reached for comment on Tuesday night. The sale of the M&B stake is expected to spark speculation over Mr Tchenguiz's plans for his 10 per cent stake in supermarket group J Sainsbury. Shares in the J Sainsbury fell 12 per cent on Wednesday on fear that the stake will be put on the market. Shares in M&B are down 74 per cent over the past 12 months. They have fallen 25 per cent in the past week. Following Tuesday night's transaction, Mr Tchenguiz still retains an economic interest of 4.8 per cent in M&B through contracts for differences. CFDs are derivatives that allow investors to take a position on the stock without owning it outright. Copyright The Financial Times Limited 2008
bmw30csl: Well known gambler/investor/womaniser Harry 'monkey' O'Reilly is rumoured to be taking a very large position here today. If your broker phones asking you if you want to sell you know who is on the other side of the phone so make him pay as he has plenty of money after years of successful investing.
careful: i cannot understand investors. bght today at 3.16. despite stupid financial mistake ref hedge disaster this company is seriously undervalued. Punch were to pay 50% combined + 43p per share. Someone will be back, book asset value now = capitalisation. trading businees valued at zero. crazy.
wendsworth: Demandred : Good.You did slightly better than me on buy price! You DEFINITELY did the right thing. What retail investors (as opposed to market investors) tend to do in financial 'hiccup' situations of generally well run companies is to 'concentrate on the wort and not the body'. Predators tend to do the opposite by taking a more strategic long term view. leedskier: Noted. Many thanks. Its also the leading item on channel 4 businerss teletext. Punch have made the first move and others will be bound to follow because the 'potential brown site' properties are 'mouth watering' to asset stripping equity groups. I see this share opening up near the 500p level tomorrow .
studhaves: You heard it from me first (a couple of weeks ago actually!): Mitchells & Butlers could face 260 mln stg hedge loss LONDON (Thomson Financial) - Mitchells & Butlers PLC, Britain's biggest pub operator, is understood to be considering the closure of a disastrous hedging position in a move that could cost the group substantially more than 260 mln stg, well in excess of a year's profit, according to The Guardian. As the prospect of utilising the unwanted position in a 4.5 mln stg property disposal or demerger recedes, the company is believed to have turned its attention to assessing the most appropriate strategy for closing out the hedges in a way that will minimise losses, the newspaper said. It adds that chairman Roger Carr is expected to face tough questions from investors at the group's annual general meeting on Thursday.
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