Wetherspoon ( J.d.) Share Discussion Threads

[ignoble] 07/7/2016 10:02

Am I correct in thinking Wetherspoon now have 50 or so hotels ?

[standish11] 07/7/2016 08:59

Citigroup raises price target for JDW to 840p from 670p. Shares up circa 9% today. Celebrating Brexit?

[lobby ludd] 20/6/2016 19:46

Aberystwyth Spoons* today. Barstaff telling customers that - such was the number of food orders - they weren't taking any more orders for 30 minutes....it was only 12.10am !
*Yr Hen Orsaf its called, occupies most of the railway station, travellers virtually have to walk through it to get on and off trains.

[johnwise] 20/6/2016 08:23

VIDEO

Why Brexit Must Happen | Paul Joseph Watson and Stefan Molyneux




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[johnwise] 13/6/2016 21:55

Brexit The Movie

[ignoble] 12/6/2016 17:07

Due to Mr Martin supporting the "Out " campaign , I will be using his Pubs !
Oddly, I have only been in 2 and they were very good .
Can't think why I have never returned , locations I guess.

[johnwise] 31/5/2016 14:04

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WETHERSPOON BEER MATS SLAM IMF IN PRO-BREXIT PUSH




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[johnwise] 26/5/2016 10:29

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Video

The battle for Britain's future, in or out of the EU, will be settled in June. Stephen Sackur's guest is Tim Martin, founder of JD Wetherspoon. Could Brexit make economic sense?






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[thomasthetank1] 04/5/2016 13:24

Read Panmure Gordon & Co's note on WETHERSPOON (J D ) PLC (JDW), out this morning, by visiting hxxps://www.research-tree.com/company/GB0001638955
"JDWetherspoon released a Q3 trading update showing continued top line momentum (LFL running +3.8%) and on-going margin squeeze. Operating margins are now 6.4%, compared to 7.5% last year. The pace of disposals remains slow with 19 pubs closed but only 8 (out of 54) sold and will now result in a £5m exceptional charge (offsetting £3.8m property gain previously announced). The company plans to..."

[thomasthetank1] 04/5/2016 13:24

Read Panmure Gordon & Co's note on WETHERSPOON (J D ) PLC (JDW), out this morning, by visiting hxxps://www.research-tree.com/company/GB0001638955
"JDWetherspoon released a Q3 trading update showing continued top line momentum (LFL running +3.8%) and on-going margin squeeze. Operating margins are now 6.4%, compared to 7.5% last year. The pace of disposals remains slow with 19 pubs closed but only 8 (out of 54) sold and will now result in a £5m exceptional charge (offsetting £3.8m property gain previously announced). The company plans to..."

[markinblackpool] 04/4/2016 20:29

hxxps://www.thecaterer.com/articles/366484/hawthorn-leisure-to-buy-11-wetherspoon-pubs
Hawthorn Leisure is to buy 11 managed pubs from JD Wetherspoon.

The new city centre sites include the Auctioneer in Blackpool, Lattice House in King's Lynn and Swim Inn in Sheffield. They will add to Hawthorn Leisure's 50 managed and franchised pubs.

Chief executive Gerry Carroll said: “This is another exciting development for our group, as we continue to invest in developing our high quality estate of pubs across the UK. In the past year, we have made fantastic progress in further building our team and operational capabilities, both in leased/tenanted and managed pubs, and we look forward to continuing this trajectory of growth.”

The purchase price has not been disclosed.

The 11 pubs are:

Auctioneer, Blackpool
Picture Palace, Enfield
Earl of Zetland, Grangemouth
Red Lion, Heanor
Lattice House, King's Lynn
Clydesdale Inn, Lanark
Twitchel Inn, Long Eaton
Courthouse Mansfield
Corn Law Rymer, Rotherham
Swim Inn, Sheffield
Ye Old Crown Inn, Stourport-on-Severn

[blueball] 20/3/2016 16:27

Enjoying the beer festival at the moment another week left.

[standish11] 20/3/2016 13:31

Latest issue of Investors Chronicle maintains the "sell" stance which may or not be the correct call. However their reasoning , in part, that their prices are staying flat is ludicrous because as I have mentioned they have increased food prices twice in recent months. Will have to make an excuse to visit more 'spoons to check on booze prices.

[lobby ludd] 20/3/2016 11:25

Did a spoons run yesterday, visited five pubs; all four in Blackpool, and one at Lytham. Lunchtime on a chilly day, few day trippers about, yet three of the Blackpool pubs were very busy, with no tables available. The exception was the 'out of the town centre' The Auctioneer - which is up for sale.....though I noted a strong local campaign to keep it open. Down the road at moneyed Lytham, early evening, busy, with numbers building as I left.

Seems to me the business is trading very well, with a loyal customer base.

The wage increase will work both ways, lots of their customers will have a bigger wage packet from next week, and don't forget pensioners (also from next week) will be getting an inflation busting 2.5% increase.

[jeffian] 11/3/2016 11:33

Go Tim!




WETHERSPOON NEWS - SPRING 2016



Time to leave the EU?

We need a real debate



Wetherspoons's chairman argues that laws and key decisions should be made by national parliaments and not by non-democratic EU.



Say what you like about the euro, but it is certainly not democratic. It involves taking some of the most important economic powers of a government, the ability to set interest rates and a budget, the central controls of any economy, and transferring them to unelected apparatchiks in Europe.



In fact, Wetherspoon opposed the introduction of the euro about 15 years ago, but not really for that reason. Our observation was that the predecessor of the euro, the Exchange Rate Mechanism, had fallen apart at the seams in 1992, but not before a million households in the UK found themselves in "negative equity", as interest rates rose to 15% in an effort to maintain the value of the pound against the Deutschmark. We concluded that fixing currencies in this manner did not work and that, if you wanted a single currency, you had to have a single government. There is no example in history of a sustainable currency which isn't backed by a single government - it's been tried a few times and has always fallen apart, leaving chaos in its wake.



I was a spokesman for the "No" campaign at the time, which opposed the UK's entry into the euro. I was baffled by the fact that most of its political proponents were a middle-aged and older male elite, who'd almost all been to one of Britain's great universities. Yet they wished to surrender power to a non-democratic institution in Europe - what was their motivation?



No one can be sure, but it was probably the instinct or emotion that the European elite (the French call them "les énarques"), with a strikingly similar education and background to their own, could better handle important matters of state than the great, unwashed, British public, with its interfering courts, aggressive and intruding press, and cantankerous population. In effect, like rulers over the world, the political elite found democracy troublesome and tiring and yearned for a European club where the great and the good could rule with minimal interference.



Advocates of the euro were not confined to politicians. The chief executives of many of our biggest companies lined up to issue blood-curdling warnings of financial catastrophe if we stayed out, and the CBI, the mouthpiece for big business, was evangelical in its support. Even the Financial Times, with enarque Richard Lambert as editor, effectively censored anti-euro views in its pro-euro fervour. As I said then, pro-euro mania was a quasi-religious project, rather than a true economic one.



I took part in a debate on the euro on BBC's "Any Questions" at the time and Michael Heseltine, an arch euro supporter, succinctly summed up the inherent view of the majority (but by no means all) of the educated elite. He stated that the future of world governments lay in reducing the powers of national parliaments and handing them over to what he called "supra-national" organisations like the EU and the UN - let's call the supporters of this view, almost all male, the "Supras".



I recently set out the basis of the alternative philosophy in a recent Wetherspoon News article, commenting on government attempts to curb the press. This view is that all major powers should be permanently retained by national parliaments with a free vote for everyone, a free press, free courts, freedom of speech and religion, and with the church playing a symbolic role only in the constitution. Membership of international organisations like the U.N. is desirable, but law-making is reserved for the national parliament.



Successful constitutions, run along these lines, exist in most of the western world and, for all their faults, have produced by far the highest living standards of any system and by far the highest level of freedom of speech and other "human rights" for their citizens - let's call the believers in this system "democrats" or "Demos".



The main issue in most people's minds in the "in or out" EU debate is immigration. Although I personally strongly believe in the Demo case, I also strongly believe that the UK has been a big beneficiary of the migration of large numbers of Europeans to this country, as indeed we have benefited from an influx of people from other regions of the world. The USA, Australia, New Zealand and Singapore, for example, have all had gradually rising populations for a long time and it's gone hand in hand with great prosperity and the other democratic freedoms referred to above.



The key issue about migration, similar to the issue about the euro, is that the debate needs to take place in each country and the decisions regarding migration need to be made by elected parliaments in those countries. It makes no sense in the UK for these sensitive issues to be decided by faceless bureaucrats in Brussels, when we're just as capable of deciding ourselves - after all, Americans, Australians and Singaporeans, among many others, have managed to do so by themselves.



Clearly, if the UK decides to leave the EU, it would be in the economic and other interests of this country and our European neighbours to have friendly relations, strong business links, including free trade and, I believe , free movement of labour. Norway and Switzerland, for example, 2 of the richest and most successful countries in the world are not in the EU, but EU countries have an open trading relationship with them and citizens from both those countries can live and work in the UK, needing only a passport or identity card.



A very small number of people have said that economic issues like the euro and philosophical issues concerning democracy should not be discussed in a magazine like Wetherspoon News. This can't be right, since good decisions require debate. Who wants important decisions made behind closed doors by know-alls? Perhaps readers will disagree with these views, or perhaps not……



I've told you what I think, but who cares? The important issue is what you think. Are you a Supra or a Demo? Decision time is nigh- or, as those Eurovision songsters Bucks Fizz memorably put it, it's time for making your mind up.





Tim Martin

Chairman

[my retirement fund] 11/3/2016 11:31

Nothing about the sunday roast then? Ive given up all alcohol and I would sooner frequent a cafe whatever.

[mroalan] 11/3/2016 11:26

Yes beer prices also going up on what seems a regular basis, women complaining weds about rise in price of a bottle of wine. but it has decimated the opposition here and they now have a free hand so to speak.

[standish11] 10/3/2016 08:51

I mentioned in my post of 21/1/16 that JDW were increasing food prices to improve margins. I visited a couple of their pubs yesterday and noticed from the re-printed menu that they have increased food prices even further in recent days. e.g. Large cooked breakfast now £4.95 (£4.70 previously). Prices no doubt higher in more affluent areas. Perhaps the imminent impact of the new Living Wage won't hit profitability as much as some have predicted.

[thailand] 04/3/2016 16:59

Oh dear, no more Sunday "roasts" or should I say Sunday Microwaves? Think they will regret this decision. Admittedly they were only glorified ready meals cooked by their head chef, Aunt Bessie, but they were popular.

[tomstaite] 18/2/2016 11:06

I work for Wetherspoon part-time while at University. I can tell you the hourly pay varies quite a bit depending on training and location. For example in Coventry the starting rate it £7.50 whereas in Stratford it's just over £8

[markinblackpool] 17/2/2016 09:55

Another one closing
hxxp://www.lutontoday.co.uk/news/business/business-news/jd-wetherspoon-announce-closure-of-london-hatter-1-7217685

[markinblackpool] 11/2/2016 08:59

And again...hxxp://www.kentonline.co.uk/sittingbourne/news/last-orders-for-town-pub-90726/

[markinblackpool] 11/2/2016 08:57

Strange how wetherspoons pub closure are not announced through the stock market....hxxp://www.kentonline.co.uk/dartford/news/last-orders-have-been-called-90746/

[brain smiley] 28/1/2016 09:23

Surprising price recovery.