Wetherspoon ( J.d.) Share Discussion Threads

[lorse] 22/4/2024 19:55

You might as well name the company GWatson - Stonegate for those of you wondering.

[isis] 22/4/2024 09:36

I had the Allday Brunch Friday with a Large OJ and unlimited Coffee :)

[mr.elbee] 22/4/2024 08:13

Got ill [bronchitis] went to Spoons.. had the LARGE fry up .....went home.. slept.. feel brilliant today

every doctor should recommend a Spoons fry up.AMEN

[isis] 21/4/2024 23:05

Starts off saying how expensive it is and then ends saying how much good value it is! Mind you could pay £20 round Soho/Leicester Square for a Burger and another £9 for a pint so £13.99 for both is a deal! I've been in there and Coffee is still £1.56 but you might have to share a table with a few Tourists and Northerners! ;-))

[gwatson56] 21/4/2024 15:35

Trade Union GMB warned this week that hundreds of much-loved pubs across the region were in "serious danger" of pulling their last pints. It claimed that the national company, owned by TDR Capital, said there was "no guarantee" that it could "continue as a going concern, as it struggles to refinance a £2.2bn debt mountain."

That was replicated across all regions in the local press (they go and name the pubs). The GMB must be of the view that their members need to be listened to as this may all go 'pear shaped' in the next year. The first lot of refinanced debt TDR trumpet was for a lot less and secured on the freehold estate (if I read it right) .... low hanging fruit 'n all. This £2.2B will be a lot more expensive to resolve. I reckon on double figure interest ( JDW is I think around 6% ).... An additional matter is the amount of corporate debt that needs arranging this next year.... just look at Thames Water. There will be a limit to the amount of available refinance at 'do.... able rates'.

If TDR decide to try and get as much of their investment back as they can then it is the workers that will ultimately suffer. Reason for the GMB to raise its voice of late. The problem is that the more noise there is then customers will hear of it. A bit of a problem ahead even if they sort the debt as I think the rate will be very high and then my view is the fun and games will start.

Meanwhile JDW is going about its business. Not a bad share to hold in these uncertain times.

[isis] 21/4/2024 10:03

The Football Pubs are the Rowdiest but I rarely go in them. You're more likely to see Fights and Rowdy behavior in those, If I go in them I go when the Footballs finished.

[mr.elbee] 21/4/2024 09:30

that is why they are busy

[johnwise] 20/4/2024 17:30

Is WETHERSPOONS the answer to the Great British staycation problem? Costs of holidaying at home are spiralling but the budget boozer could come to you rescue this summer

[isis] 20/4/2024 17:05

Seems a little bit Green that Guy. Certainly aren't the Rowdiest Pubs where I live!

They are very busy but don't even have Music!

[livewireplus] 20/4/2024 15:36

https://www.dailymail.co.uk/travel/article-13323265/Is-WETHERSPOONS-answer-Great-British-staycation-problem-Costs-holidaying-home-spiralling-budget-boozer-come-rescue-summer.html

[livewireplus] 20/4/2024 15:35

Is WETHERSPOONS the answer to the Great British staycation problem? Costs of holidaying at home are spiralling but the budget boozer could come to you rescue this summerhttps://www.dailymail.co.uk/travel/article-13323265/Is-WETHERSPOONS-answer-Great-British-staycation-problem-Costs-holidaying-home-spiralling-budget-boozer-come-rescue-summer.html

[isis] 19/4/2024 18:19

Was down a local Spoons after the Dentist early for me as they do the allday Brunch for a ridiculous £4.91 including Soft Drink and was pretty packed out by 2pm.

There certainly has been a surge of demand for Spoons Pubs with allsorts in them. There are a lot of people signing petitions for ones that are about to close, although most of them have been sold. They would probably have given some of them a reprieve as things look they have turned around since.

[doombarman] 16/4/2024 17:57

These are being bought up on the drops by those with deep pockets...Tim knows it will hit a tenner

[isis] 15/4/2024 09:00

He bought two lots - he's not daft! :-)

05-Sep-23 01-Sep-23 Buy Timothy (Tim) Martin 700.41 GBX 968,544 31,743,253
04-Sep-23 01-Sep-23 Buy Timothy (Tim) Martin 700.00 GBX 968,544 31,743,253

[mr.elbee] 15/4/2024 08:52

this is the latest link to list JDW from this is money

[isis] 15/4/2024 08:26

He bought two lots, £12m earlier last year:-

06-Feb-23 01-Feb-23 Notification of Holding Timothy (Tim) Martin - - - 30,774,709
01-Feb-23 01-Feb-23 Buy Timothy (Tim) Martin 457.25 GBX 2,600,000 30,774,709

[mr.elbee] 15/4/2024 08:14

it doesnt hurt though

[bountyhunter] 14/4/2024 16:30

Found it. I wouldn't say he has just bought them as it was a few months ago..

[bountyhunter] 14/4/2024 16:27

>> 'Martin has just put his own powder to work, buying £7million of shares at £7 a share,'

When was that? I missed it.

[mr.elbee] 14/4/2024 15:27

from this is money

JD WETHERSPOON (FTSE250)
Value for money also lies at the heart of pubs business JD Wetherspoon. From morning to night, its outlets usually see its customers enjoying cheap food and drinks.

Yet despite emerging from the pandemic in a stronger position than many of its rivals, its share price is still some 50 per cent lower than it was pre-lockdown.

Ben Needham, of Ninety One, believes the business, led by chairman Tim Martin, has 'some of the most untapped pricing power' among UK domestic businesses and will benefit as more competitors withdraw from the sector. Greater value sales will result in bigger profits.

'Martin has just put his own powder to work, buying £7million of shares at £7 a share,' says Needham. 'Founder owners buying their own stocks is often no bad signal to investors looking for an investment home.' The shares are currently priced at £7.42. It does not pay a dividend and will not do so until profits return to pre-pandemic levels.

[gozzie2] 13/4/2024 14:23

Only came to Chorley last August and already 2 pubs have closed .One next door to Spoons. Shame but that's life .

[isis] 13/4/2024 12:43

Yeah they were overall profitable and most Pubs where I live are very busy over the Weekends even the most expensive ones.
This Private Equity with loaded up debt has ruined the High Street with the demise of so many Companies under this policy!

[darrin1471] 13/4/2024 09:44

Probably better for JDW if Stonegate continues to struggle under it own debt pile.

"Stonegate is domiciled in the Cayman Islands and ultimately owned by TDR Capital, a private equity firm that also owns Asda."
"Stonegate Pub Company, which has a network of more than 4,400 UK pubs and bars including the Slug & Lettuce and Be At One chains, said it had not yet agreed new loans to replace debt due for repayment in June 2025."

If Stonegate went bust, most of the pubs would remain open, split up into smaller chains without the cumbersome debt.

[bountyhunter] 12/4/2024 14:54

..and as a shareholder you always feel even better when you visit a Spoon's establishment!