Mitchells & Butlers Share Discussion Threads

[togglebrush] 19/8/2019 16:48

Greene King has a takeover bid at a Fancy Price from Far East Property Investment Co

[from8to800] 24/7/2019 09:23

Retest of previous level or what?

[kingl] 18/7/2019 09:25

Share price currently looking stronger than it has in four years. A couple of positive broker notes.

[lukmanpatel] 10/6/2019 06:27

Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards

[skinny] 06/6/2019 11:51

Berenberg Buy 292.00 265.00 360.00 Upgrades

[porsche911sse] 24/5/2019 08:49

Nice to see a mention in the press

[volsung] 23/5/2019 17:08

That Mitchell & Butler look

[essentialinvestor] 25/4/2019 14:26

Good call. Luck with the trade.

The decision to axe the payout looks wise,
focus on debt pay down before the next recession arrives.

[skinny] 25/4/2019 12:15

EI - that sounds about right - I was just looking for a technical bounce (now +10) since my post.

Jeffian - As for MARS, I've posted over the years my position there.

Bought in 2011 @93.47, sold a third in 2013 @164.28 and still hold the remainder.

I only have one of their pubs locally and despite its excellent location, I think its awful.

[essentialinvestor] 24/4/2019 12:06

On MAB the best you can say is balance sheet debt has been reduced by £1 billion
since 2008, helped by disposals admittedly. And their freeholds are around 88%.

Once the huge pension recovery payments end they may have more financial
leeway, however that's another 4 years away - and it's likely we will have another
recession before then.

I can't see significant upside tbh, my view may be too cautious.

[jeffian] 23/4/2019 23:20

MARS and MAB? The two stinkers in the sector? I imagine this is a 'recovery' strategy!

[skinny] 23/4/2019 15:37

Here - primarily yes.

I'm looking for a second company in the sector having held MARS for years. I've been kicking myself over GNK which I intended to buy in December, but for one reason or another - except for a couple of spread bets - I didn't.

[essentialinvestor] 23/4/2019 14:18

Skinny, you're looking from a TA perspective mainly ?.

[skinny] 23/4/2019 13:38

Thanks - laziness on my part!

[essentialinvestor] 23/4/2019 13:36

Besides the net debt, the pension recovery plan is what strikes me.

£48 million a year through to 2023 in agreed pension funding payments.

That's a large chunk of pre tax profits.

[skinny] 23/4/2019 13:19

Any views here?

[kingl] 21/1/2019 12:26

Miss Womble - See post 515, it's the only reason I'm a shareholder. Bit peeved because my most regular pub is currently closed and being converted to an Ego.

[miss womble] 21/1/2019 11:07

Do all share holders know that they are able to get 205 off all meals at several well known restaurants

[arja] 21/8/2018 10:51

for about 3 years chart shows it goes up and down between 220 and 280 . a real slow mover .

[togglebrush] 02/8/2018 16:35

Q3 today and food not good

[gilesy911] 17/7/2018 12:40

Thanks Libertine

[libertine] 17/7/2018 08:13

Q3 due 26/7
Marstons 25/7

[gilesy911] 17/7/2018 06:33

Update due this month: anyone know the exact date ??