Young & Co's Brewery Share Discussion Threads

[zeppo] 22/1/2005 09:56

Lundy

Thank you!

z

[lundhousegreen] 21/1/2005 20:16

Zeppo.
Our broker's tips updated on their website.
LHG

[ygor705] 21/1/2005 18:01

Zeppo

Assume that you were querying PHP and not PHD. PHP is currently 283p in the middle where it yields 4.31% gross. The net asset value per share at 30.6.04 was 274p according to the financial statements but it is almost certainly well above that level now. Hope that helps.

[zeppo] 19/1/2005 21:12

Thwaites unfortunately on the rise. Wish I already had a few more.

ygor

Is there a divi with phd? (Also up today.)

What is their asset value?

z

[ygor705] 19/1/2005 19:34

Thanks Zeppo will have a look at Thwaites. Primary Healthcare and Dee Valley Water are a couple of good "value" stocks as well.

[zeppo] 18/1/2005 22:25

ygor705

All I know is that they may build a brand new brewery on a cheaper site if development of the brewery site can go ahead. They have publicly stated that they have been talking to developers and planners about this.

I am just pleased to have got in a few of the non-voting shares at less than £7 (including costs.

Enjoying the ride. Also have a few, Hardy and Hanson, Fullers Prefs., and Thwaites (Daniel Thwaites & Co,originally just brewers, is on OFEX because the family that owns this company likes to keep it that way). Thwaites have an asset value way above the share price, and do re-value their property. They have Shire hotel group, as a diversification, and build their own new hotels. They picked up the Stafford in London at a good price some years ago. The Stafford is suffering somewhat from lack of US visitors after 9/11. Such is Thwaites ambition, however , that they stated some time ago that they had bought some office? property next to the Stafford. If/when the London hotel business perks up then they will convert it into a new wing for the Stafford. Unfortunately they do not give shareholder discount on their hotels and the divi rises are a bit Scroogelike considering how well the divi is covered. I would love to try the Stafford, St James, London but not at the full price. If you are after asset value take a look at it.

z

[ygor705] 18/1/2005 15:04

Lundhousegreen

Thanks...........have looked there and have a copy of the 2004 accounts. Problem is that the freehold valuations in the accounts are way out of date.

[ygor705] 18/1/2005 15:04

Lundhousegreen

Thanks...........have looked there and have a copy of the 2004 accounts. Problem is that the freehold valuations in the accounts are way out of date.

[ygor705] 18/1/2005 15:02

Zeppo

Think this share is too highly rated for just a Brewer. There has to be something else there and the Ram Brewery situation is the only thing that fits the bill for me. Be pleased to hear your further views though.

[lundhousegreen] 17/1/2005 19:51

ygor705
Have a look under Financials

[zeppo] 17/1/2005 18:39

ygor705

I do not know the net asset value

Development of the brewery site does seem to be the current are of interest.

Good to see the strong rises recently on negligible trades.

z

[ygor705] 17/1/2005 16:18

Anybody got any idea of the net asset value per share of this Company. It was just short of £12 per share at the interim stage according to my calculator - but freeholds (£157m) were last valued in 1997 according to the Accounts. The Ram Brewery must represent a big chunk of that number and even on an existing use basis valuations must haved doubled since 1997. This stock is no longer being valued on a brewery PE ......... we appear to be moving to a Property Company rating. Fuller Smith and Turner (the Putney-based brewers) also look to have undervalued assets in their balance sheet.

[lundhousegreen] 17/1/2005 14:18

Young's up nicely again today. Still a shortage of stock?

[zeppo] 17/1/2005 09:34

Lundy

Thank you for the info

Hold some of the Prefs. So hope it happens.

Thanks for the reminder on the building company, one of two which have currently gone ahead since were mentioned.
Some time ago two oil palm companies were mentioned. They might merge some time. They are again on my watch list - if and when I have the funds.

I am trying not to make my usual mistake of overstretching myself but will add when I can.

z

[lundhousegreen] 16/1/2005 19:24

They are bullish on PZCP and might be taken out this year?? for an estimated 210p + . They got permission from shareholders for 2nd time (AGM) to buy back all preference shares.

[zeppo] 16/1/2005 17:00

Hi Lundy

I live in Hampshire now but get up to Lancashire when I can.

I got into Thwaites originally at about 120p but went in and out usually quite well but to clear speculative losses. I have about 2K now which I got into about 150p so I cannot complain at the current price. I am holding them along with YNGN, Hardy & Hanson and some Fullers Preference shares. Looking back we would have been better of in the Fullers ordinaries but at the time we bought interest rates were low, market recovery was less certain and they still give a good yeild
I missed out on Peel and Glenmorangie. But did well with Wintrust Prefs. bought back when Wintrust was taken over by Singer Friedlander. Have just locked in a good profit on LSE and on some of our DVW. With the proceeds I am clearing some of my debt but have already diversified into CAR. ENN, SNR and PFD as I previously mentioned.

I do refer other investors that I meet and aquaintances to our source but they appear to thrive without having their phones jammed by internet enquirers. The dealing desk is always busy.


z

[lundhousegreen] 15/1/2005 17:13

No, haven't got Thwaites, but has been on my watch list for a while, and sent for their annual report. My broker reckoned 140p was a price to buy at when they were 160p, but onwards and upwards !
The rest of my portfolio's sound, also thanks to my broker. He really had a great year last year, tipping Peel (takeover) Glenmorangie (takeover)
LSE, (possible takeover) Marshalls, Halsteads, (cash returned). Sovereign Rev. is his tip this year, so far. Had cash back from DVW, which I put into ESH. (all his advice).
Also, Torotrak, mentioned as risky share,based in Leyland, Preston,fairly near to you?
LHG

[zeppo] 15/1/2005 15:39

Lundy

Do you have Thwaites on OFEX?

I am from the Blackburn area. Getting into the local brewery (now successfully diversified with Shire Hotels) saved my financial neck. They were always stable throught the dot.com collapse and the long decline of shares after 9/11.
That was the first deal with the broker who have since positively influenced my investment decisions. I still wasted a lot of money this year speculating, far too early as it turned out, on Stanelco. That was entirely my own stupidity. I hope I have learned sense.

I have put your three higher risk items in my daily monitoring list but cannot afford to rush into anything else currently. As might have said earlier I am hoping to get a small boost from TNL when they announce the sale of their freehold site. That may give me a little to play with. Other than that I am holding the good stocks that I now have. I would like to build some cash against market instability.

z

[lundhousegreen] 15/1/2005 13:32

I noted from the last annual report that ELX owned 6.36% of the YNGA shares.
No YNGN shares, total voting equity 2.75% .

[lundhousegreen] 14/1/2005 19:45

Broker bought in SVN recently for clients, taking out stock overhang?
I notice in ELX annual report, they invest in DVW, ESH, JHD,
and YOUNG'S !
LHG

[zeppo] 14/1/2005 17:54

Lundy

Off topic

SVN and ELX are on the move at last after dormant months.

Both have broker support.

z

[zeppo] 14/1/2005 16:00

Thanks lundy

Have a good weekend!

z

[lundhousegreen] 14/1/2005 13:36

DYOR as these are riskier shares.

TRT BB
Website

TOU BB
Website

TRK BB
Website

[zeppo] 14/1/2005 09:35

lundy

off topic

I went too heavily into svn for my budget, not knowing that it would take a while to come good. It went ahead briefly after coming out of OFEX onto AIM then gradually went backwards. I sold 2/3 of my holding at a loss -apprehensive of the effects of decreases in property prices.

I think it may be about to come good soon. I still have 1/3 of my original investment.

When tips are generally very successful I can get carried away and rush into the next one - without really being able to afford a long wait. I am struggling to become a more sensible investor these days.

My personal record it as a sad leveraged speculator continually burning my fingers. I got into FTO and SEO ten years ago and wasted a lot of monet assuming that they were going to be 1000 percenters short term.
Both may come good this year. SEO should have their annual report out within a month but are still suffering from losing a patent dispute with BPRG. If seo survive any costs/damages they have to pay then they still appear to have tremendous prospects. I will only go into it again when the picture is much much clearer.

FTO rose from a penny to 14p years ago and were building on their offshore mooring point to discharge oil tankers into China with a chain of branded petrol stations and other developments in China. Then the share collapsed because of bad debt. It has recovered a lot this year but has lost its petrol stations. Annual figures about may time. They still have cash flow from the offshore mooring point for oil tankers, a share in China's aviation fuel (which they tried to sell during the last year), and gas distribution in China.

I will look at tou,trk and trt.
z