Mitchells & Butlers Share Discussion Threads

[el crow] 27/7/2017 19:39

✴✴ 036;

[ashbox] 27/7/2017 14:40

Yes, nice rise! Only another 50p and I'll be near break-even....

[chinese investor] 27/7/2017 13:29

Great Day !

[skinny] 27/7/2017 11:32

Third Quarter Trading Update Shore Capital Hold 248.40 - - Reiterates Peel Hunt Add 248.40 260.00 260.00 Reiterates Liberum Capital Sell 248.40 210.00 210.00 Reiterates

[bookbroker] 24/6/2017 15:25

This co. a conundrum, Lewis, Magnier, Smith and Co. most likely to want to take this private on the cheap! However it is not Wetherspoons, known for low overheads, good value, MAB has many out of town eateries, more a diner chain with the emphasis on carveries in the Harvester style although with premium houses. Wetherspoon's has lot's of choice in ales and on the menu, but the value in MAB is the estate rather than the top line, NAV suggests the shares undervalued, but are pubs on the edge of the M1 at Redbourn worth their salt, if so they are a raging buy with a decent dividend.

[togglebrush] 17/5/2017 06:11

Financial performance - Like-for-like sales up 1.6% at the half year and up 1.9% in first 33 weeks of year - Results impacted by movement of Easter into second half - Adjusted operating profit of GBP149m (H1 2016 GBP156m) - Adjusted earnings per share of 15.2p (H1 2016 15.7p) - Interim dividend of 2.5p (H1 2016 2.5p) Paid 3 July Ex 26 May

[kingl] 22/3/2017 12:35

Does anybody like me own shares in this company just for the 20% off vouchers?

[ashbox] 02/2/2017 14:45

Barclays Capital lowers from 375 to 220 having an impact on the price today.... MAB Barclays Capital Underweight 260.80 271.40 375.00 220.00 Lowers

[togglebrush] 13/1/2017 08:51

CEO, appointed last year, is showing impact in blowing away cob webs in the C suite and driving some of the existing best sites in the UK.

[irenekent] 13/1/2017 08:43

And so we see the trading update today. At last some good news and all because I decided to use one of my shareholders 20% discount vouchers just before Christmas! Those of you holding through nominees, of course, probably don't get them. Another swindle perpetrated by the platforms.

[chinese investor] 29/12/2016 12:42

300p Soon !

[chinese investor] 29/12/2016 12:41

Looking Good !

[togglebrush] 29/12/2016 12:38

LAST YEAR ... Trading statement was 28th January 2016

[essentialinvestor] 29/11/2016 11:10

Well this time the caution was warranted imv.

[essentialinvestor] 23/11/2016 15:56

red, often too cautious, as with ROR.

[togglebrush] 23/11/2016 09:07

Press ' http://www.telegraph.co.uk/business/2016/11/22/bar-one-owner-sees-trouble-ahead-pub-costs-rise/

[jeffian] 22/11/2016 12:47

A very sad story from the formerly mighty Bass estate. Was one of the best-managed pub estates with the highest quality properties. Initially survived the Beer Orders break-up ok but were crucified by being lured into a ludicrously structured property deal by the spivvy Tschenguez and compounding it by taking out an enormous unsupported hedging position which went against them. The resultant financial damage killed any investment into the estate and they have just trickled along as a zombie company. How are the mighty fallen. Whenever the Government interfere in markets, the rule of Unintended Consequences always comes into play. Just watch what happens under the new Pubs Code (far from 'protecting' tenants, pubco's are simply booting them out and taking the best pubs back under direct management). And Theresa May says she wants a new "Industrial Strategy". Sounds like the days of Wilson and Wedgwood Benn. Gawd preserve us.

[essentialinvestor] 22/11/2016 12:35

Deservedly punished on that update IMV. May not be a great read through for the rest of the sector either.

[togglebrush] 22/11/2016 09:46

First year of CEO ... not an impressive start ' Appointment of Phil Urban as Chief Executive, was from 27 September 2015. Phil joined Mitchells & Butlers in January 2015 as Chief Operating Officer, and was previously Managing Director at Grosvenor Casinos, a division of Rank Group and Chairman of the National Casino Forum. Prior to that, he was Managing Director for Whitbread's Pub Restaurant division, and for Scottish and Newcastle Retail's Restaurants and Accommodation Division. Phil has an MBA and is a qualified management accountant (CIMA).

[togglebrush] 22/11/2016 07:17

Results in brief - Return to like-for-like sales growth - Acceleration of estate investment - Good progress on all three strategic priorities Financial performance - Full year like-for-like sales down 0.8%a with improving trend through the year. Recent eight weeks up 0.5% - Adjusted operating profit of £318mb (FY 2015 £328m) - Adjusted earnings per share of 34.9pb (FY 2015 35.7p) - Final dividend of 5.0p Ex Div 2 Dec Paid 7 Feb 2017 Reported results Total revenue of £2,086m (FY 2015 £2,101m) Operating profit of £231m (FY 2015 £270m) Profit before tax: £94m (FY 2015 £126m) - Basic earnings per share: 21.6p (FY 2015 25.0p) Balance sheet and cash flow - Capital expenditure £167m (FY 2015 £162m), including 8 new site openings and 252 conversions and remodels - Free cash flow before adjusted items of £60mc (FY 2015: £95m) - Net debt of £1.84bn representing 4.3 times adjusted EBITDAb (FY 2015 4.3 times

[dandanactionman] 21/11/2016 13:52

All the following is imho dyorI am looking at this re results tomorrow.One query is are we expecting a pensions valuation update? I am concerned deficit will have risen and this contributions will have to rise?