Wetherspoon ( J.d.) Share Discussion Threads

[ronwilkes123] 01/8/2020 15:16

With no furlough good bye pubsMuch higher costs this time

[essentialinvestor] 01/8/2020 15:13

Would doubt this will happen in August, may October time
and only If COVID cases keep rising. Exponential increases in infection
rates may see action sooner. As mentioned early this month, autumn/winter looks messy.

[johnwise] 01/8/2020 15:05

To do what at the end? Several million unemployed and not even a coffee shop left to work on minimum wage..

"SAGE expert warns pubs could have to shut in trade-off to let schools reopen next month - as it's revealed police have warned the ARMY might have to be called in to quell social unrest over local lock-downs"

[lodgeview] 01/8/2020 15:04

Looks like this government are ready to close pubs again to allow kids to return to school. Utterly disgraceful.

[gozzie2] 01/8/2020 14:13

https://www.bbc.co.uk/news/amp/uk-53621613

[gozzie2] 31/7/2020 13:38

No bowling alleys or cinemas. Wear masks everywhere just not the pub where we spit over each other .Get the beers in .

[gozzie2] 30/7/2020 21:02

Join the tribe Essential. He's already given a stock thats gone up 100% .Just investors sharing ideas Kerry Grinkmeyer Bestofusinvestors.

[essentialinvestor] 28/7/2020 22:14

arja, any stocks catching your attention atm?, thanks.

[arja] 28/7/2020 21:57

gozzie,
my pleasure and I sometijmes find it useful as never like to hold a stock on results day as a bit dangerous .

[lodgeview] 28/7/2020 20:55

Do we think this is a good buy in price?

[gozzie2] 28/7/2020 20:31

Thats a great link cheers .

[arja] 28/7/2020 19:51

not in next month I think and you may find this link useful generally gsw .

[gswredland] 28/7/2020 19:12

anyone know if there is a trading update due please?

[essentialinvestor] 28/7/2020 14:41

Mentioned GRG briefly yesterday and their results were about as 'good'as could be expected,
however their lovely cash pile is gone and they are now trading at just about cash breakeven
(their shops were closed for most of Q2).

Expectations may be too high on how quickly profitability returns, this applies
to multiple stocks and sectors.

[asusasus] 28/7/2020 14:38

Is Tim offloading his stock before it goes bust?

[gozzie2] 28/7/2020 13:01

Its not a govt app its run by 2 manchester tech guys .I won't be investing in anything they produce .Local restaurant after 5 mins of whizing round is 300 mile away lol .

[gozzie2] 28/7/2020 12:47

Absolute shambles this new eat out app that has wetherspoons on with govt scheme doesn't work .Local restaurants 300 miles away lol .What a load of cr@p

[arja] 28/7/2020 12:42

wonder why GRG has such an awful looking chart as is a takeaway outlet is it not ? heading for 1310 chart support I think.

[gozzie2] 27/7/2020 20:04

Yes i like GRG a well run company .I think they will bounce back longterm .Another that will benefit as smaller food outlets close imo .

[essentialinvestor] 27/7/2020 19:58

I hold a small amount of GRG, which like JDW has produced longer term stellar returns. The same applies to Greggs- reduced customer capacity atm and the threat of autumn/winter ahead. Also GRG never got particularly cheap, even at the March plunge lows. Not much more I can add atm. Luck to those holding.

[taurusthebear] 27/7/2020 19:52

Spoons will do ok, but only ok, as long as they are allowed to stay open. The problem is that the capacity of their pubs has been drastically reduced, so profits will suffer even if they stay open. But with cases starting to rise again in much of Europe, that is by no means certain. Many smaller pubs have remained closed because it's not worth opening. In the long run, Spoons may be the beneficiaries of a hollowed out pub sector.

[gozzie2] 27/7/2020 19:49

On the way home last night I passed 4 pubs not too far from spoons that had closed .Last man standing cleans up.

[essentialinvestor] 27/7/2020 19:43

If you want to consider a potentially more optimistic longer term outlook,
then so much capacity is being stripped out, JDW may be a prime beneficiary?.

Capacity is being removed from both the casual dining and pubs market atm, casual dining
in particular looks a car crash.

[essentialinvestor] 27/7/2020 19:33

March '20 low was a bit under £5, it bounced right up to £12.

In January 2019 the share price was not much over £11 a share, before then embarking on
a mini parabolic run (a little similar to GRG).

You could make a case the late May bounce to £12 was too much too soon
when JDW was selling near £11 just 18 months ago - pre COVID, pre recession and the
unemploymen hit to follow. Made this point back in June.