Vianet Share Discussion Threads

[monet] 09/1/2013 08:01

In todays Telegraph

Business Secretary Vince Cable has declared war on pub companies who are "squeezing" their tenants through contracts that are "focused on short-term profit".

Large companies such as Enterprise Inns and Punch Taverns, which lease their properties to tenant landlords, have been accused by campaigners of hastening the demise of Britain's pubs by "overcharging" for drinks and rent.

It is estimated that 23,500 of Britain's 50,000 pubs are run on "tied" agreements, which can force publicans to buy beer at 50pc above market rates and pay "excessive" rents on the pubs they run.

According to the Campaign for Real Ale, more than 3,500 tied pubs have closed since 2009.

Mr Cable announced plans for an independent adjudicator with the power to fine large pub companies if they are found to be exploiting their tenants. The Department for Business, Innovation and Skills (BIS) will also consult on a statutory code to stamp out poor behaviour.

full article

[shanklin] 08/1/2013 11:09

OK, thank you.

[jeffian] 08/1/2013 11:07

I think they're obliged to complete the 'before' and 'after' section and in this case it so happened that they'd sold the lot so 'after' = 0. Had they just taken their holding below 3% you would have seen that, but not any subsequent transactions.

[shanklin] 08/1/2013 11:02

Thank you, I had not noticed that. Does anybody know if holders are obliged to complete those boxes on the RNS when they go below 3%.

[0rb1t] 08/1/2013 10:54

Shanklin their new holding is 0 according to the RNS.

[daneswooddynamo] 08/1/2013 10:45

they are out completely according to the latest announcement

[shanklin] 08/1/2013 10:40

I guess New Solera Holdings Limited may still have nearly 3% they want to sell.

[daneswooddynamo] 08/1/2013 10:30

marketmakers desperate to get this one back down

[masurenguy] 08/1/2013 10:20

Looking for some further retracement here, after yesterdays sudden announcement that the overhang had cleared put a shot of viagra into the shareprice, so that I can add some more shares at a lower price.

[1968jmw] 07/1/2013 13:42

Would you believe it...Look at them at half 8 thinking of buying turn my back for couple of hours and 10%+ up
Blinkin day job

[cambium] 07/1/2013 13:37

Great job David. Thankyou

[davidosh] 07/1/2013 10:58

I also suspect this 15% rise is going to attract attention so bizarrely there will probably be more interest at exactly the point where there are now very few shares available. Shows the benefit of doing early research and being prepared and bold enough to buy even though there were sellers that had a different view or outlook !
Being contrarian and patient are two useful mindsets and are paying off here.

[davidosh] 07/1/2013 10:05

It was not rocket science that this company was being held back by the large shareholder selling over the last few weeks and months. It made it easy to build a decent position before the floodgates opened. There are tens of savvy investors with holdings here and a few more who have joined us just in time.
That said I think the buying will continue as an investment here should still be good value up to £1.50 on current information and the yield is above average even then.
As mentioned previously I aim to get these guys to present at a Mello event so that we can get to meet management and improve our understanding and see the potential in the products.

[cfro] 07/1/2013 10:03

Well there you go then.....no more sellers. :-)

[daneswooddynamo] 07/1/2013 09:36

yeah market maker is screaming as his tap is off and he is now unpleasantly short

[nw99] 07/1/2013 09:34

Wide offer spread something going on here

[protean] 07/1/2013 09:31

New Solera completely out.

[owenski] 07/1/2013 09:02

In for a few this morning

[saucepan] 07/1/2013 08:56

Long here, too; thanks cfro.

[cfro] 07/1/2013 08:47

Had a few more myself. I reckon they've wised up and stopped selling.

[stegrego] 07/1/2013 08:31

Had some of these at the start of the year. Thanks PP.
Would have bought more but all spare cash has got to go to the taxman at the end of the month....

[protean] 07/1/2013 08:28

Starting to move strongly now. It is beginning to look like the overhang is cleared.

[cwa1] 07/1/2013 08:27

Yes, seems a little perkier than normal.

[madmix] 07/1/2013 08:15

There appears to be a lack of loose stock available this morning. Overhang cleared at last?

FWIW, I first bought in during November, but topped up last week.

Thanks for the research PP.