Wetherspoon ( J.d.) Share Discussion Threads

[gozzie2] 02/10/2020 13:59

I'm not a trump fan far from it ,but I wish him well like I would anyone .Volatile times ahead .

[rescuer] 02/10/2020 12:52

Donny Domestos will be injecting

[gozzie2] 02/10/2020 12:45

Don't worry the bleach will save him .

[johnwise] 02/10/2020 08:14

China, Russia and Iran must be laughing their socks off. They could be on track to get a lame duck Biden who wouldn't say boo to anyone.." China will eat your lunch"

[blusteradjuster] 02/10/2020 08:03

All those maskless Trump campaign rallies Johnwise was celebrating .. until now..

[johnwise] 02/10/2020 07:17

A Virus Exported from COMMUNIST CHINA

Dow futures plunge 500 points as Trump says he tested positive for Covid

Futures tied to the Dow Jones Industrial Average plummeted 500 points. S&P 500 futures and Nasdaq 100 futures were also in negative territory.

[gozzie2] 01/10/2020 12:52

Stock of the Week: JD WetherspoonDiscount pub chain's shares have halved this year and a second lockdown would give it a monster hangover. But can price-conscious punters ride to the rescue?James Gard1 October, 2020 | 11:19AM??????We've been thinking about pubs this week, and not just because the 10pm curfew has focused the minds of seasoned boozers in England. We're looking at the listed pub sector from an investment perspective too – is it "last orders" for the battered sector or should shareholders expect "one more the road" as the hospitality sector re-opens?Our stock of the week is high street pub chain JD Wetherspoon (JDW), as voted (by a very large margin) by our Twitter followers. Wetherspoons - or "Spoons" to the initiated - is by far the largest publicly-listed pub company with a market capitalisation of £1 billion, making it a member of the FTSE 250.Shareholders have enjoyed bumper returns since the company floated in 1992, with only the enforced shutdown of the UK pub sector from March to July this year bringing its winning streak to abrupt halt. It floated at around 30p and, taking into account stock splits, had hit a record high of £16 before the pandemic struck. But the shares have halved this year as the sector has been floored by coronavirus restrictions. Wetherspoons issued a profit warning on March 18 and cancelled its dividend – the last payout that shareholders received was in November 2019, a final dividend of 8p per share. In its latest trading update at the end of August, the company said that 844 out of 873 pubs are now open, but some airport and train station branches remain closed. Wetherspoons expects to make a loss for the last financial year (against a profit of nearly £100 million last year), with results expected in early October. The Eat Out to Help Out scheme, a temporary measure to boost midweek sales in pubs and restaurants, has helped sales, the company said. We recently wrote about the scheme and how it has affected Beefeater-operator and former stock of the week Whitbread (WTB).Cheap and CheerfulBut as Russ Mould, AJ Bell's investment director, points out, the end of the scheme will present problems for Wetherspoons' value-conscious punters. "What really matters now is how the business fares without the sales incentive and if it can avoid pushing up prices to help claw back some of the lost revenue from earlier this year. It cannot afford to upset customers who are already in a fragile state of mind."On the flipside, as the economic backdrop darkens, Wetherspoons' proposition of cheap booze and grub could come to the fore. "Value-led operators are arguably better placed to get through the crisis as the public will be paying a lot closer attention to their spending patterns," Mould says.After the latest trading update, James Wheatcroft, analyst at Jefferies, said that the company should bounce back quickly now the pubs have re-opened (albeit with reduced trading hours). "We continue to think that JD Wetherspoon's strong position within the UK pub sector – consumer traction and well-located, largely freehold estate – should allow it to return to former profitability fast."ControversiesWhat are the risks to investors? The possibility of a second lockdown cannot be discounted, which would have a devastating effect on the pubs and restaurants sector after an already dismal year so far. On the other hand, the UK Government appears keen (for now) to avoid a national lockdown for economic reasons.As always, outspoken founder Tim Martin has his own opinion on the matter: "I believe, on the balance of the arguments, that avoiding full lockdowns and adopting the Swedish approach, is the better solution."Controversy, from Martin's views on Brexit to a social media campaign this year to boycott the chain, could put off more sober-minded investors. Still, ESG ratings agency Sustainalytics ranks the company as medium risk, with a score of 22.5 out of 100, and a score of 48 out of 100 for corporate governance. Wetherspoons is rated as a 2 (out of 5) for controversies, which Sustainalytics ranks as "moderate".A number of UK funds hold Wetherspoon, including mid-cap and equity income offerings. Columbia Threadneedle is a large shareholder, with around 15% of the company, and the pub chain is held by a number of its UK funds.

[johnwise] 01/10/2020 09:38

WATCH LIVE: Trump holds campaign rally in Duluth, Minnesota

[johnwise] 01/10/2020 09:26

New lockdown rules in Liverpool could include pubs only being able to serve alcohol with food or go takeaway only as 500,000 in North Wales prepare for new restrictions tonight

[johnwise] 01/10/2020 08:49

Taxresearch.org.uk

People still aren’t getting just how bad unemployment might be

Some very rude shocks are on their way.

[buywell3] 30/9/2020 23:49

Deat Tim

This is the way to go IMHO


New York Sept 30th 2020

Bluestone Lane Is First NYC Café Chain to Install Far-UVC Sanitizing Technology as Indoor Dining Opens



read BUY thread for more details

regards
buywell

PS

If you act on this Tim and it saves your ass
buywell will be in touch and will be expecting free vitals till burial halts the process

[gozzie2] 30/9/2020 19:22

Chemists texting get your tablets urgent because of covid there could be shortages so expect a lockdown soon imo.

[johnwise] 30/9/2020 19:00

Furious Tory smashes papers during debate on Boris Johnson's chaotic coronavirus measures

VIDEO

[gozzie2] 30/9/2020 17:36

Ah Glossop just up the road we are allowed in .Everyone from manchester will now pile into Glossop .Very sensible

[gozzie2] 30/9/2020 16:48

Very few know these rules they were brought in last Friday. A lot will be turned away what is that going to do for the industry. Crazy

[gozzie2] 30/9/2020 16:46

You should not socialise with people you don't live with in other indoor public venues - including, but not limited to, pubs, restaurants and cafesYes thats shops as well I suppose although its not law and so you cant be fined .This is coming all over the country soon .

[essentialinvestor] 30/9/2020 16:23

Does that mean you cannot go shopping with anyone from another household?.

[gozzie2] 30/9/2020 16:20

Only couples and Billy no mates taking up all the tables now .One pub in ashton has room for around 10 tables .Thats 10 customers instead of around 40 to 50 weekend .These pubs won't survive .Not a prayer .

[gozzie2] 30/9/2020 16:18

Thats the pubs and wetherspoons out of action for me and 2 mates tomorrow. Rules for the whole of greater manchester including tameside are no mixing of households in pubs .I rang wetherspoons and he said you are not allowed but if you said you was brothers and live together we can't really argue .That wouldn't really work as one of our friends is from Indian heritage lol .We are giving it a miss its too much hassle .

[johnwise] 30/9/2020 08:36

Communist China Makes Britain a Financial Basket Case


UK economy's record plunge during Covid-19 lockdown less severe than expected

The UK economy tumbled into the largest recession since current records began earlier this year, after two successive quarters of falling GDP triggered by the coronavirus pandemic lockdown



The fact that the UK is giving foreign aid to a wealthy enemy is absurd

UK gives £71m in foreign aid to China in just one year: MPs demand inquiry as it emerges we hand over a fortune even though their economy is FIVE times bigger than ours

[gozzie2] 29/9/2020 20:04

https://www.gov.uk/guidance/greater-manchester-local-restrictionsAnyone that can remember all these rules is a better man than I am Gunga din lol

[johnwise] 29/9/2020 18:41

VIDEO

Jim Davidson - Who'll kneel for Sgt Matt ?

[johnwise] 29/9/2020 18:28

Coronavirus map LIVE: UK records biggest 24-hour jump in cases and worrying death spike

CORONAVIRUS cases in the UK have soared above 7,000 for the first time since the start of the pandemic.