Wetherspoon ( J.d.) Share Discussion Threads

[glenowen] 04/9/2020 18:15

I am in a Spoons in the Midlands at the moment and trade looks good/busy for a Friday teatime. If one of the quoted pubcos is likely to come out of Covid with its prospects intact, my bet is that it will be Wetherspoons. Prices as impressive as ever and tables etc all clean.

[dalep716] 02/9/2020 12:44

Been to Spoons a few times over recent weeks, Lancaster and Lytham and always found Covid measures to be solid, value and quality wise is fantastic, hoping that Spoons motors on up, deserves to I think.

[konradpuss] 31/8/2020 20:36

I think 'Big Tim' still has his finger on the pulse.

My feeling is 'Spoons' will be the winners out of the crisis.

What other pub chain is 'right on it'?

[tim 3] 31/8/2020 14:12

This is exactly what they should be doing build on the momentum the scheme created.

[mroalan] 31/8/2020 09:59

Was at my local JD,s last night,not pleasant at all,getting served at the bar is a problem,one bloke only all the rest serving folk ordering with the app,bit like a zoo at present will await until life returns to normal.

[gozzie2] 26/8/2020 17:58

Henry mmmm

[gozzie2] 26/8/2020 17:40

Sorry wrong board I must stop doing that lol .

[gozzie2] 26/8/2020 17:39

Go back and read my posts .You will find I gave tortoise a short while ago .Its gained 50 per cent in a week .Happy days .

[gozzie2] 26/8/2020 15:00

11.30am: Wetherspoon running out of tomato ketchupThe Footsie turned red before lunch, dipping 18 points to 6,018.Meanwhile, JD Wetherspoon PLC (LON:JDW) is facing a shortage of tomato ketchup on its shelves, with brown sauce and mustard also running low.The publican has been in high demand thanks to the Treasury's 'Eat Out to Help Out' discount scheme ending today.But supply was lower than usual due to flooding at Heinz's factory in Telford after storms, although the sauce producer is working to restore normal activities."I went to get some from the condiments table and there was none left," a customer at The Coinage Hall in Helston, Cornwall, told The Sun."I felt robbed. Our fish and chips were ruined."The market was seemingly less upset, with shares in the FTSE 250-listed chain adding 1% to 959.5p on Thursday morning.

[buywell3] 25/8/2020 22:29

As predicted Birmingham lockdown --- and more to come as UK case numbers are rising
Northampton Hull Manchester and 8 other places under scrutiny by people now dithering as action is needed




Coronavirus UK: Pubs could shut in Birmingham as lockdown ...
metro.co.uk › News › UK
10 hours ago - Birmingham City Council leader Ian Ward said 'staying disciplined now is a price worth paying'.




Worryingly if you read the following link cases in Children are on the rise in the UK as they are in the USA

And schools are about to reopen


A sure fire way of a big second surge from here into winter time IMO

Kids are allowed in pubs now are they not ---- buywell always thought that was a daft idea

dyor

[johnwise] 25/8/2020 05:37

Wetherspoon, Tesco and Lidl ban beef from mega farm amid evidence cattle suffered severe lameness and secret filming showed stockmen beating and abusing the animals

Berryfields Farm in Daventry has been suspended from the Red Tractor scheme

[buywell3] 25/8/2020 00:14

buywell does not like the JDW chart



free stock charts from uk.advfn.com






and a couple of other things that have bearing on the future.


People are buying their booze and food every more on-line and are getting it delivered for free . Which means in a Covid-19 world less risk of oldies and all others catching it going shopping or eating or drinking out.


So buywell says this to Tim:

Have you considered an on-line delivery service from your menu ?
You could do a deal with say Deliveroo

Such a move Tim would mitigate the following

The news today talked about TESCO taking on circa 16,000 permanent staff to meet and sustain growth of on-line sales and home deliveries.



TESCO think this BIG change in shopping habits caused by lockdowns and Covid-19 is going to stay. That is that people once changed and tried home delivery via on-line will NOT go back. The margins will be lower though as costs will rise --- people want home delivery free and Amazon will give it to them.


Then there is this

News just in minutes ago ( 2nd to last link) from Hong Kong prompts the following as it has IMO implications V future lockdowns :


============== Covid-19 can you catch it twice ? ================


buywell has posted several times on this thread about the above
And many more times on other threads since Feb 2020


If a person can catch Covid-19 twice then IMO it means Covid-19 is here to stay like Flu ie for good and like the four other Coronaviruses that humans acquire now repeatedly.


It was Herd immunity that beat the last pandemic Spanish Flu (H1N1) , which was not a coronavirus.

Recently the Director General of the WHO said this new coronavirus SARS-CoV-2 which causes Covid-19 is ten times deadlier than the swine flu outbreak a decade ago.


This is what has been said re Spanish Flu V Covid-19



The WHO have in buywells' opinion recently given people the belief that Covid-19 could be over in 2 years like the Spanish Flu pandemic --- buywell does not agree.


Immunity is the key issue here , and immunity after recovery from Covid-19 looks to be less than 4 months see previous posts on this.


NOW there has been IMO definitive proof that a person CAN CATCH COVID-19 TWICE see



If you read the above link you will see it was a different mutated strain of the virus that was identified the second time 4 months later and thus NOT a reinfection

This puts the kibosh of what the WHO has said.

Covid-19 and its ravaging effects on mankind now depends on a cure or a long immunity vaccine.

The UK Chief Medical Officer said the other day he though a vaccine might be ready for general use by the winter of 2021


16 months away from somebody more in the know than 99.9% of the UK population IMO

[sarkasm] 24/8/2020 10:10

TOP NEWS: JD Wetherspoon To Post Loss; Decries "Overcrowding" Claims

Mon, 24th Aug 2020 09:44
Alliance News

(Alliance News) - JD Wetherspoon PLC on Monday said it expects to make a loss in its most recent financial year, both before and after exceptional items relating to the Covid-19 pandemic and its associated lockdown.

The company also fought back against what it called "irresponsible and untrue" media reports and comments by UK members of Parliament about the pub chain's operations in the aftermath of the Covid-19 lockdown.

Wetherspoon hit out at a "large number of harmful media misrepresentations" in the national press and on social media. It said claims that it was "allowing overcrowding" at its pubs were "irresponsible and untrue".

The company took particular issue with an article in the Guardian newspaper that said "overcrowding in Wetherspoon pubs may lead to [a] Covid spike", which a local MP cited to claim that chain is "putting lives at risk".

"Wetherspoon has made strenuous efforts to adhere to government regulations and guidance," it asserted, noting visits by police and health officials to the pub in question in south London resulted in written confirmation that it had passed their risk assessment.

With the exception of a small number of development sites and pubs in airports and stations, Wetherspoon reopened all of its pubs in England, Scotland and Wales as soon as it had permission. Some of theses airport and station pubs have now reopened as well, although a few are still closed. Of its 873 total pubs, 844 are now open.

Like-for-like, bar and food sales were down 17% for the 44 days ended August 16. Sales have improved gradually but with a recent rapid acceleration thanks to subsidised food, coffee and soft drinks as well as more outside seating.

It was referring to the UK government's 'Eat Out to Help Out' scheme that give up to GBP10 off meals on Mondays, Tuesdays and Wednesdays during August.

However, Wetherspoon is expecting "a period of more subdued sales once the scheme for subsidised early-week meals and drinks ends."

Wetherspoon said it remains in a sound financial position. Net debt at the end of its financial year on July 26 is estimated to have been about GBP825 million. It also proposes to enter discussions with lenders regarding waivers for the current financial year.

Chair Tim Martin said that Wetherspoon predicts it will record a loss for its financial year ended July, before and after exceptional items, and that "some of these exceptional items will be related to the Covid pandemic".

Martin also questioned Covid-19 lockdown measures, and said that there was "debate in the scientific community" about whether lockdowns were truly beneficial in battling the pandemic.

"Many academics, including Nobel Prize winner Michael Levitt of Stanford University and Swedish government adviser Johan Giesecke, believe that they are not - and that social distancing, combined with rigorous handwashing are the practises for which there is genuine scientific evidence," he said.

Before lockdown, the pub chain had 5 positive tests among its 43,000 staff and has had 24 positive tests since reopening, with Martin noting that "the amount of testing has substantially increased".

Martin said: "Risk cannot be eliminated completely in pubs, but sensible social distancing and hygiene policies, combined with continued assistance and cooperation from the authorities, should minimise it."

In addition, Wetherspoon commended on the "much more onerous tax regime" imposed on 'on-trade', mostly pubs and restaurants, compared to 'off-trade', mostly in supermarkets. It noted that pubs and restaurants have had to pay 20% VAT on food sales while supermarkets have paid none.

Moreover, it noted that pubs have paid around 20 pence per pint of business rates compared to only 2p for supermarkets. This, it said, has led to "an increasing gap between on-trade and off-trade pricing".

Wetherspoon said: "It makes no sense for supermarkets, often operating outside town centres, to have a tax advantage. The chancellor, Rishi Sunak, has recently closed the VAT gap between the on and off-trade, by temporarily reducing VAT on food sales in the on-trade to 5%.

"If this major step towards tax equality is maintained in the long term, it will result in a significant increase in investment and employment in the on-trade," the company said.

Since the start of July, Wetherspoon has opened two new pubs, one in Leeds and another in the west Midlands.

Shares in Wetherspoon were up 1.8% at 991.50 pence in London on Monday morning.

By Anna Farley; [e-mail]

[adrian j boris] 24/8/2020 08:56

UPDATE ANNOUNCEMENT

J D Wetherspoon plc (the "Company") today publishes an update announcement. The preliminary results are due to be released on 9 October 2020.

[adrian j boris] 24/8/2020 08:07

UK pub operator Wetherspoon warns of annual loss, eyes loan waivers



0
08/24/2020 | 07:49am BST

[johnwise] 21/8/2020 08:37

Competition watchdog launches probe into £780m beer tie-up between Carlsberg and Marston's

[konradpuss] 20/8/2020 21:01

Pierre. you said it so well. Buying 'snake oil' vaccines from all is mad.

As to the Excel 'hospital' in hindsight it looks mad. I thought it was mad day one.

Oh! and the PPE, well give the government as little tax revenue as legally possible as they will only 'iss it up the wall.

In 'Spoons' Margate a.m. for breakfast. Quiet but friendly and good value as ever.

[gozzie2] 20/8/2020 14:12

There has been some big buys of revolution lately .

[pierre oreilly] 19/8/2020 12:55

It would be interesting to see the total cost of this. Wouldn't be surprised if it's a negative cost to the taxpayer. Furlow costs saved, jobs saved, tax paid by waiters possibly, corporation tax etc etc.

But if not, it's a better use than buying millions of untested covid drugs which they'll pour down the drain, or building several 2 thousand bed hospitals which haven't had one patient, or buying millions of masks, scrubs and whatever else which don't meet their own criteria.

[gozzie2] 19/8/2020 11:23

Spoons they was queuing down the road .All on Boris and your tax of course .Pmsl

[gozzie2] 19/8/2020 11:21

Lovely lunch on Boris I do hope you know you are contributing to this fine meal im about to have .Cheers lol .

[ignoble] 19/8/2020 11:20

Spoons for breakfast yesterday
First time since Lockdown.

Even my wife ventured into a Spoons..

2 x Traditional Breakfasts
Side order of Black Pudding
1 x Vegetarian Breakfast
3 x Mug of Tea...

Under £8....felt a little guilty paying the reduced price.
Was surprised how very few people in there considering the price reduction.