Mitchells & Butlers Share Discussion Threads

[bigboyo] 01/9/2003 10:06

look forward to the divi -- but the wiser thing to do is to buy all those pubs that are struggling out there --- at a cheap price !

that way over the next 5 years we could see real eps growth

[onehanded] 30/8/2003 10:20

Yes now could be taken over itself and give back at least 40p a share. Looking to break £3 in the next few months. Takeover price by city £3.20p. If price holds monday will buy some more.

[neilavery] 29/8/2003 15:43

Out of the running for the S & N Estate. Well the punters certainly liked that news.

[neilavery] 12/8/2003 08:27

If the company are successful in buying the S & N pub estate will they still have £400 million to return? I bought the share when it went to a new high. Maybe institutional investors are looking at the fact that if it is successful in its bid, the company will be able to raise its margins by a huge amount and if not, then it will still have the £400 million to return

[shirishg] 11/8/2003 19:23

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[onehanded] 08/8/2003 09:45

They as part of the demerger they agreed to give back £400 MILLION back to share holders in a special divi this year.

[shirishg] 06/8/2003 18:52

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[onehanded] 06/8/2003 16:12

Oh here the payout to be above 40p in special divi whatever the results of the bid. win - win situation

[bigface] 22/7/2003 23:46

Does anyone know the NAV per share - thanks

[wedged] 20/7/2003 11:45

"Pub company reneges on £400m pledge"

[onehanded] 19/6/2003 20:02

Well looking good , just depends on when the news of a shareholder is made. May drift towards £2 .20p if news is delayed

[obclare] 11/6/2003 04:49

anybody got the details on the £400m return, or is it not definite yet?

[onehanded] 08/6/2003 21:19

Once FSTE resuffle is sorted out this week and they stay in, at number 104 at the moment, need to to fall to 110 in market cap. When they do you should see this rise big time. If it falls out top 100 then £2 here we come. Need to stay above 2.10p to be ok.

[shirishg] 04/6/2003 20:39

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[onehanded] 04/6/2003 19:12

Bought more today at £2, medium term this will be a winner.

[tillerholdings] 04/6/2003 15:40

Heard that it may have something to do with the sale and lease back of property currently owned, thus realising capital

[shirishg] 01/6/2003 13:22

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[onehanded] 26/5/2003 09:16

OH 400 million to be returned to shareholders, I make that 60 - 65p per share taking into account freefloat. Is going to break the 2.28p level this week if not very soon.

[onehanded] 23/5/2003 17:00

Have found a stock I like enough to buy rather than spreadbet. Results were ok but it's the potential of
A) Growth at the low part of a cycle
B) Divi well covered
C) Potential 50p+ return per share on extra divi later this year
D) Potential bid target
E) They may expand their portfolio by picking up cheap chains from others.
F) A more defensive stock

I bought 8k today at 217. Looking for 250 -260 in the near future ( 6 months)