Wetherspoon ( J.d.) Share Discussion Threads

[tim 3] 06/10/2019 22:05

Absolutely agree love spoons but stopping selling Erdinger was a mistake

[glenowen] 06/10/2019 21:20

English-brewed Wheat Beer is "equal to or better" than Erdinger Weissbiier??!!

Do me a favour, Mr Martin!! Why dont you be honest and admit that what you are saying here is hypocritical humbug and that your behaviour is extremely undemocratic; you are forcing your customers to accept inferior products, simply to satisfy your own narrow political and economic beliefs.

Do your fellow directors agree with you on that one, I wonder? Or maybe you should let your customers exercise their democratic right and have a vote on it!!

[ignoble] 06/10/2019 17:36

Brexit Inn is much better

[ariane] 06/10/2019 15:19

October/24/2019 Ex-dividend day for final dividend

November/13/2019 Q1 2020 Sales and Revenue Release - Trading Update

[ariane] 06/10/2019 15:13

Summary

The company has solid fundamentals for a short-term investment strategy.

Strengths

Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.

The tendency within the weekly time frame is positive above the technical support level at 1305 GBp

Weaknesses

Stock prices approach a strong long-term resistance in weekly data at GBp 1615.

The company sustains low margins.

The group shows a rather high level of debt in proportion to its EBITDA.

The group usually releases earnings worse than estimated.

The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

For the last few months, analysts have been revising downwards their earnings forecast.

Most analysts recommend that the stock should be sold or reduced.

The three month average target prices set by analysts do not offer high potential in comparison with the current prices.

[ariane] 06/10/2019 14:57

Or the brexit inn

[ignoble] 06/10/2019 14:55

The Brexit Arms ?

[johnwise] 06/10/2019 13:11

JD Wetherspoon has confirmed that the massive £2.6-million redevelopment on the former boozer in High Street, Kingswinford, will kick started on Monday, September 30.

[johnwise] 06/10/2019 13:11

JD Wetherspoon favours more UK products as we move towards Brexit

As we barrel towards Brexit, some firms are making moves to ensure business continues as usual.

Pub chain JD Wetherspoon has already increased its range of drinks from UK and non-EU producers across its 880 pubs.

The pubs have stopped serving Champagne, German Jagermeister, French brandies Courvoisier VS and Hennessy Fine de Cognac and German wheat beers.

They have been replaced with sparkling wines from the UK and Australia, E&J Brandy (the number two selling brandy in the USA), Black Bottle (the number one selling brandy in Australia) Strika, a herbal liqueur produced in England, and wheat beers from the UK.

Wetherspoon founder and chairman, Tim Martin, said: “This is a significant move by us and highlights our commitment to offering an excellent range of UK and world products, with the emphasis on quality and value for the two million customers who visit our pubs each week. All EU products have UK or non-EU replacements, often at equal or better quality and price.”

[luderitz] 02/10/2019 23:47

Why did he mention Spoons?

[johnwise] 02/10/2019 15:02

Watch Boris Johnson's Conservative Party Conference speech

Video

[ignoble] 28/9/2019 10:22

Pigs in Blankets making me hungry and it is not even Christmas

[adrian j boris] 28/9/2019 09:29

THISISLOCALLONDON.CO.UK


27th September
Hayes, Ickenham and Ruislip pubs have worldwide range of beer
Beer festival celebrates 40 years of Wetherspoons

Beer festival celebrates 40 years of Wetherspoons
0 comment

BEERS from Australia, USA, Guam and Italy, together with others from across the UK, are coming to three pubs in Hillingdon during a 12-day real ale festival.

The Botwell Inn in Coldharbour Lane, Hayes, The Tichenham Inn in Swakeleys Road, Ickenham, and JJ Moons in Victoria Road, Ruislip, all Wetherspoon pubs, will each be serving up to 40 beers during the festival, which runs from October 9- 20.

It celebrates Wetherspoon's 40th anniversary and beers on offer include JD Boss Hogg (Wadworth), Ruby Abbot (Greene King) and Punk is Dead (Brewster's). They will all cost £2.10 a pint.

The pubs will have a limited-edition 40th anniversary pint glass for sale at £1 on a first-come-first-served basis.

[johnwise] 28/9/2019 09:04

We have seen in Hong Kong what happens when people feel that democracy is being undermined. I really don't want the same thing happening here, but it is a possibility which can't be ignored. All we hear are examples of MP's making or threatening to make laws on the hoof to thwart Brexit. We are told that although we voted to leave, we didn't vote for leaving without a deal. But we were warned of the consequences of leaving by the remain campaign before we voted. We sent Parliament a very clear message in the European Elections, by voting for a brand new party committed to leaving without a deal. They won more seats than the mainstream parties. And still remainer MPs think they know best and make it up as they go along..

Hong Kong protests: Riot police intercept, arrest protesters as violence continues

Video

[luderitz] 24/9/2019 20:11

Nothing to do with JDW SP, but I think there maybe a thread where that link will fit.

[johnwise] 24/9/2019 19:39

Nigel Farage's biggest BUST-UPS in the EU Parliament

Video

[the grumpy old men] 23/9/2019 14:13

Berenberg Buy 1,750.00 Reiterates

[the grumpy old men] 13/9/2019 12:36

JD Wetherspoon's Tim Martin urges pilots at British Airways to stop strikes

Joanna Bourke
51 minutes ago
0 comments

Click to follow
The Evening Standard
Tim Martin is the chairman of pubs group JD Wetherspoon
Tim Martin is the chairman of pubs group JD Wetherspoon ( AFP/Getty Images )

JD Wetherspoon’s chairman Tim Martin on Friday urged pilots at British Airways to call off further strikes after this week’s industrial action hurt sales at the company’s Heathrow pubs.

Martin made the plea as Wetherspoon reported a 4.5% fall in pre-tax profits to £102.5 million in the year to July 28.

Parts of Heathrow resembled a “ghost town” this week after the BA pilots’ strike, and further walk-outs over pay are planned. Martin, whose dad was a fighter pilot, said looking at the numbers from his two Heathrow pubs this week “would be too depressing”.

He added: “It is time for pilots to bail out and stop striking. It is bad for retailers and bad for everyone [passengers].”

JD Wetherspoon, whose profits fell on the back of higher overheads including wage bills, saw annual sales rise 7.4% to £1.8 billion.

[johnwise] 13/9/2019 08:10

Remoaners were demanding a "People's Vote".
But only on condition that it asked a rigged question, Remain or Accept the Withdrawal Agreement. An agreement whose terms had been dictated by the EU. Both options kept the UK under Brussels rule. It was a fix. Now Remoaners are refusing to give the British People the opportunity of a true "People's Vote", a General Election because they fear that the electorate will once AGAIN reject their flawed views. The Liberals have openly, even arrogantly boasted they would reject the result of a 2nd Referendum if it again ended with a Leave verdict. And they say they are the ones defending Democracy. What llying hyypocrites.

The Nigel Farage Show 11 September 2019

[the grumpy old men] 13/9/2019 08:00

Current trading and outlook

Journalists regularly ask Wetherspoon for comments on Brexit - although some publications begrudge our few paragraphs on the subject in this section.

The UK is clearly in political deadlock, parliament having refused to carry out the pre-referendum promise in the leaflet (Appendix 2) sent to every household which said "The Government will implement what you decide."

Democratic power in the UK in the last 30 years has been diluted by a political faction in parliament, the media and boardrooms, which has a quasi-religious belief in the undemocratic EU - with its unelected presidents, MEPs who cannot instigate legislation and unaccountable court. Voters resent this loss of power - and distrust of politicians and the 'elite' is the result.

In recent weeks, the 21 'Tory rebels' (over half Oxbridge), who helped to block 'no-deal' were joined by 25 bishops (two-thirds Oxbridge), the latter group asserting (Appendix 3), contrary, many of us believe, to common sense, that no-deal will be disadvantageous to the poor.

As another straw in the wind, former Supreme Court judge and Reith lecturer Lord Sumption described Brexit supporters as 'grim fanatics' (Appendix 4).

John Bercow, Emily Thornberry, Dominic Grieve, Keir Starmer, Jo Johnson, Philip Hammond, David Gauke, David Lidington, Hilary Benn, Rory Stewart and many other pro-EU Oxbridge MPs have played a leading role in frustrating the referendum result, by enmeshing parliament in a legal and administrative spider's web.

The economic judgement of this faction, led in the past by the likes of Michael Heseltine, Peter Mandelson and Tony Blair, the CBI and the Financial Times, has been extremely poor.

It advocated joining the disastrous predecessor of the euro, the exchange rate mechanism, the euro itself, and incorrectly forecast an immediate recession in the event of a Leave vote in the referendum.

Author and athlete Matthew Syed has recently illustrated how a lack of diversity among elites leads to poor decisions. Investment guru Warren Buffett has pointed out that forecasts tell you a lot about the forecaster - but nothing about the future.

The faction's forecast today is that leaving the EU without a deal will be a 'cliff-edge', a 'catastrophe' or a 'disaster'.

Remainer MPs' main argument - having consistently voted against the only deal on offer - to justify their attempts to scupper Brexit, is that costs for consumers and businesses will axiomatically increase in the event of 'no deal'.

However, leaving without a deal avoids a legal liability to pay GBP39 billion (Appendix 5), allows the UK to eliminate protectionist import taxes (tariffs) on over 12,000 non-EU products, (including rice, oranges, bananas, Antipodean wine, children's clothes and car parts etc) and results in resumption of the control of fishing waters.

Above all, no-deal increases UK democracy - the most powerful economic stimulant.

It is an absurdity to argue that a reduction in UK input costs, combined with increased democracy, will have a harmful effect on the economy - just as it would be absurd for a business to adopt this argument if its own costs were reduced.

Free trade, which the ending of tariffs implies, never made any country poorer, as former Australian High Commissioner, Alexander Downer, recently said (Appendix 6).

Elite Remainers are ignoring the 'big picture', regarding lower input costs and more democracy, and are mistakenly concentrating on assumed short-term problems, such as potential delays at Channel ports - which are easier to extrapolate on their computer models.

Despite continuing political problems, stemming from the transfer of democratic power to a technocratic elite, Wetherspoon continues to perform well. Like-for-like sales for the six weeks to 8 September 2019 were up 5.9%.

We currently anticipate a reasonable outcome (pre IFRS16) for the current financial year, subject to our future sales performance.

As in previous years, we will provide updates, during the year, on the company's trading.

Tim Martin

Chairman

[the grumpy old men] 13/9/2019 07:58

JD Wetherspoon toasts higher annual profits
Updated / Friday, 13 Sep 2019 07:39
JD Wetherspoon chairman Tim Martin is a committed Brexiteer
JD Wetherspoon chairman Tim Martin is a committed Brexiteer

The UK's JD Wetherspoon has today reported a higher annual pretax profit as more people visited its pubs.

The increase came despite overall consumer confidence and spending coming under pressure due to Brexit uncertainties.

The company operates more than 900 pubs in Britain and Ireland.

It said pre-tax profit before exceptional items rose to £95.4m for the year ended July 28 from £89m a year earlier.

"Despite continuing political problems, Wetherspoon continues to perform well. Like-for-like sales for the six weeks to 8 September 2019 were up 5.9%," the company's chairman Tim Martin said in a statement.