Wetherspoon ( J.d.) Share Discussion Threads

[arja] 22/6/2022 08:59

likeawairus ,
But remember not to try and catch a falling knife .

[gozzie2] 21/6/2022 20:07

I wouldn't mind asking for one of these when it's my mates round lolHttps://www.mirror.co.uk/news/uk-news/britains-most-expensive-beer-sale-27283894

[gozzie2] 21/6/2022 15:35

Impossible to live on minimum wage ??Rent in Manchester. Cheapest around 650 a month .Wage 40 hours x 9.50 =380Tax national insurance =60Take home pay 320 a weekRent 150 a weekCouncil tax 20Travel 20 bus fare Energy 50 a weekWater 5Tv 4Washing 10 laundrette Food 50That leaves a tenner for clothing Any debts and you are sc#wedWhy would you stay lolYou won't be drinking in the place you work either??

[blueball] 21/6/2022 15:07

New staff every time I visit new girl said she is new and never pulled a pint before she was young they never stay long.

[likeawalrus] 21/6/2022 14:13

gozzie I did wonder why there was no dress code!

[essentialinvestor] 21/6/2022 14:00

mk, fwiw Youngs non voting (YNGN) looks the sector play.

There is the drawback of a large spread, but that sometimes closes and
if you can get a few on a bad day, particularly towards £6.50 a share,
it may merit consideration.

[gozzie2] 21/6/2022 13:50

They keep prices low by not having enough staff to clear tables.It's not the savoy lol.

[likeawalrus] 21/6/2022 10:45

m-kerr, I think investors often overlook the property portfolio and focus solely on turnover, at some point jdw may start a sell & leaseback of some properties which could be very lucrative and would address any cashflow issues or capital requirements.

I spent a couple hours in my local spoons by the Thames yesterday afternoon, very busy inside and out. my only criticism would be that they need to clear tables a little more efficiently. As summers become longer and hotter, jdw will thrive, today's share price will be a distant memory in a year or two

[m_kerr] 20/6/2022 23:00

the shares here really are in the doldrums. i'm guessing the markets sussed that JDW need higher volumes than peers to get close to their pre covid profits.

IMV those running the company have done a lot right. they've significantly strengthened the freehold mix, fixed the interest rate for almost 9 years, and continue to invest in the business for the long term. and no onerous securitisation that hampers the likes of marston's and mitchell's and butlers.

they've got property worth at least £2bn conservatively, and possibly more, effectively leaving net assets at least 30% higher than the current share price. very interesting.....

[likeawalrus] 20/6/2022 12:57

if the share price drops to the low 600's I will fill my boots!

[arja] 20/6/2022 09:48

looks like JDW will work it;s way doan to about 600 in time unless US markets turn around decisively . The chump in charge is a brexiteer and I wonder why ! :)

[mroalan] 19/6/2022 08:33

i,m thinking £2 a pint by christmas,still cheap.

[gozzie2] 18/6/2022 13:51

The only boozers left will head for Spoons.They won't be paying 6 pound a pint there ????FACT

[gozzie2] 18/6/2022 13:50

It's not rocket science. ???Or the other term that you prefer lol.

[gozzie2] 18/6/2022 12:30

My electric bill is just in.300 pound a quarter more than the June bill last year alone .These bills will reduce spending in pubs, the longer inflation continues.

[gozzie2] 16/6/2022 08:14

This cost of living will bite the hardest this winter.Almost half of workers are borrowing money to make ends meet - surveyAlmost half of workers have been forced to borrow money from banks, payday lenders or family and friends to make ends meet during the past six months, a new study reveals.A survey of more than 2,300 workers found that only one in three said they can afford necessities, while almost two thirds said the rise in energy costs was forcing them to spend less on basic food items or other essentials.Members of the GMB union who took part in the survey said they could not afford to have the heating on and feed their families, and some said they were only eating every other day.GMB general secretary Gary Smith said: "We face the perfect storm of wages plummeting as prices shoot up. It's a disaster for workers."People are suffering and this government is doing nothing."

[likeawalrus] 14/6/2022 08:57

hot weather coming very soon, pubs will be packed, especially Spoons, investors will look at jdw and conclude that it's great value in the 700's, imo the share price will be trading above 900p by Oct/Nov

[gozzie2] 13/6/2022 13:54

My mate a few drinks with his son and family at weekend in Birmingham. The first round was 17 pound.They then decided to do the 5 wetherspoons pubs in the city centre.Each round under a tenner.All doing wellFACT

[dalep716] 13/6/2022 08:49

How much longer before Spoons turns? My way they are doing max business, venues packed, plenty of folk eating. So why the downer?

[isis] 07/6/2022 20:01

It's Lavazza they serve it in loads of places including Cineworld, exact same machines only about treble the price and not unlimited.
The Cappuccino is very good but must be a loss maker.

[johnwise] 07/6/2022 14:35

shocking ?, not as good as Costa..With inflation £ public may trade down to Spoons ?..Pret A Manger has organic filtered coffee with cream £1.80 enjoyable , at M&S Jar of Italian coffee £4.00 its good