Wetherspoon ( J.d.) Share Discussion Threads

[my retirement fund] 20/4/2020 11:46

They need to crack on with it before the equity price halves again and the dilution is even more dramatic. Look at Marstons. Just about able to beg extension covenant forgiveness for a month or so and share price could easily fall to near zero as the deadline approaches

[konradpuss] 20/4/2020 11:36

11_% Whey do they need to do a placing and dilute the existing shareholders if they can ride it out drawing down on existing facilities and cash?

If you are a holder do you want to be diluted as any right issue would be priced way low.

It's all down to how long they will stay closed. If you listen to Gove - Christmas!
Absolutely mad.

[11_percent] 20/4/2020 10:37

They just need to do a placing...raise some cash.....and ride this out.

[kiwimonk] 20/4/2020 07:22

Where will all the homeless and the tramps go to get their early morning breakfast libations? It's truly a tragedy to see these establishments close.

[kreature] 20/4/2020 07:19

Can this survive until Christmas? Anyone know?

[konradpuss] 20/4/2020 07:06

Nigel Farage as a benevolent dictator for the U.K. - well he could not do much worse that this shower.

[ignoble] 20/4/2020 06:46

Bet Nigel Farage would find a way to get the Pubs open
He enjoys a pint or two...
Lol

[kreature] 20/4/2020 06:34

Maybe priced in, to an extent. There was never an opening date

[blueball] 20/4/2020 06:25

On that bombshell with Xmas cancelled this year it could fall 30%.

[konradpuss] 20/4/2020 06:22

Most politician have never been in business.

Up until recently they all thought PPE stood for Philosophy, Politics and Economics and they got such at Oxford not China.

I hope that some sanity will prevail.

[johnwise] 20/4/2020 04:00

Last straw! China have a lot to answer for..

Pubs across the UK could be shut until Christmas as Michael Gove warns the venues will be 'among the last' to see the government's restrictions lifted

[kreature] 20/4/2020 00:10

looks like the press just copy my posts

[konradpuss] 19/4/2020 21:33

Agreed and they also have provided much 'care in the community' for people who look upon it as a 'community'.

[tim 3] 19/4/2020 21:08

Well said sir.

[johnwise] 19/4/2020 20:58

Actually Tim Martin has given thousans of people jobs. Pub, kitchen, and hotel staff; builders, plumbers, electricians etc. employed renovating, interesting old buildings like cinemas etc. in town centres that could have become derelict; and a massive amount of money has been ploughed into local economies by him.If only Britain had more like him

[tim 3] 19/4/2020 20:43

Interesting how these situations always seem to bring an explosion of "end of the world" comments lets see what happens but even if it drags on and there are financial problems there are still plenty of options available and it may take a while but see no reason why JDW can not bounce back they had a good business that did well and people liked before and will do ok afterwards imo.

[konradpuss] 19/4/2020 20:25

John, let's hope 'Big Tim' has three months of cash reserves as I think with the current government at the helm 'Spoons' will need that cash.

They are talking about not letting 'coggers' out for a year. That will put a big dent in the profits of 'Spoons'.

If that happens there will be civil insurrection.

[johnwise] 19/4/2020 20:19

60% of firms have less than ‘three months of cash’ reserves

[grupo guitarlumber] 19/4/2020 18:46

Changing priorities
Swiss consumer habits changed by coronavirus, study shows
This content was published on April 19, 2020 4:18 PM Apr 19, 2020 - 16:18
Shopping for food

People have been spending more on basics like food, less on clothes and cosmetics. They have also donated more.
(Keystone)

Coronavirus lockdown has changed Swiss consumer habits as well as reduced the use of cash and cash machines, according to a survey.

The crisis has shifted people’s priorities, writes NZZ am Sonntag, whose source is a survey by the Postfinance bank. For example, since tough measures were introduced in mid-March they have spent 53% less on hygiene and cosmetics than a year ago. Why put on make-up if you never leave the house, asks the paper.

Spending on clothes has fallen by more than half and spending on shoes by more than 80%. Basic services have become more important, with Swiss consumers spending significantly more (+18.6%) on food.

In addition, food is being delivered more frequently. Because pubs and restaurants are closed, spending on catering fell. While Postfinance customers in 2019 were still treating themselves to restaurant visits worth CHF67 million ($69 million), they spent around CHF 13 million on them this spring. This amount can be explained by snack bars that are still open, the paper says.

Because hardly any leisure activities are allowed, you have to kill time at home in a different way, it continues. Spending on communication and media has skyrocketed. But the Swiss are apparently not thinking only of themselves. They spent around a fifth more on donations during the crisis, according to the survey.

The Postfinance study was compiled from its customers' online banking data, which were anonymized and legally verified, explains NZZ am Sonntag. It covered both what was purchased with the Postfinance card in shops and via the Internet. Postfinance has around 2.7 million customers, almost 1.8 million of whom use e-banking.

Many of us will fall back into our old consumer habits when things return to normal, the paper comments, but the coronavirus will leave its mark.
Caritas charity shop
Swiss Solidarity
National Solidarity Day raises over CHF10 million for corona impacted

Swiss Solidarity, which has raised almost CHF28 million ($28.8 million) for deprived sections of society since the start of the coronavirus ...
This content was published on April 17, 2020 9:25 AM


swissinfo.ch/jc

[remarkomsoc] 19/4/2020 18:34

Cash is still widely used in Japan apparently

[grupo guitarlumber] 19/4/2020 17:58

lol

not burying anything in my garden

besides it never grows

and still waiting for the rains to come

[ignoble] 19/4/2020 17:47

Indeedy,
Always have a bit of gold, not sure if it is a great investment but more a way of preserving wealth

Plus you can carry a few Krugerands, Sovereigns in your pocket if things ever become really bad...
Plus you can bury them in the garden, lol

[grupo guitarlumber] 19/4/2020 16:36

ig

agree gold and silver coins also as well as cash

card as last resort unless buying on internet

paypal useful

[ignoble] 19/4/2020 16:08

All fine until your Bank'Computer System goes down for a few hours...
Freezes your account etc.

Always keep cash around, just in case