Young & Co's Brewery Plc... Share Discussion Threads

[essentialinvestor] 08/3/2022 14:47

Current price looking attractive re YNGA?.

This about the largest % divergence I can remember, that's without checking.

[spectoacc] 20/10/2021 07:00

Not been in a Youngs pub, but the ones I've been in have felt completely normal - busy, no masks.

Downside to the share price is that the Covid stats are a long way from normal, and getting worse.

[wad collector] 19/10/2021 21:26

With the benefit of hindsight , it didn't happen. But it hasn't crashed since then either.

[philanderer] 12/3/2021 11:42

Church House: Young’s is primed for recovery

Young’s (YNGN) is ‘poised for a strong recovery’ after the brewing and pub group was forced to shut during a series of national lockdowns, says Fred Mahon, co-manager of Church House UK Equity Growth fund.

Shares in the London-focused pub company more than halved from a peak in the spring of 2019 to trough during the November 2020 lockdown.

Mahon, who runs the £80m fund with the Citywire AA-rated pair of James Mahon and Rory Campbell-Lamerton, opened a position in June 2020 after the initial sell-off and supported the November rights issue.

Mahon said Young’s was a ‘high-quality operator, with its prime London pub estate, the majority of which is freehold’.

‘We believe that the business is poised for a strong recovery when lockdown restrictions are eased as thirsty customers return to their favourite local pubs,’ he said.

‘We believe that [the company’s] like-for-like growth will look exceptionally strong once the pubs do reopen – even if summer 2021 is two-thirds what summer 2019 was, in terms of Young’s sales, that would represent triple levels seen in 2020.’

Shares in Young’s closed down 0.5%, or 5p, at 953p on Thursday.

[essentialinvestor] 16/11/2020 13:34

This usually tracks YNGA reasonably accurately.

Given the current YNGA share price, YNGN should be tradimg North of £7
Imv.

[essentialinvestor] 25/9/2020 08:45

Taken a small position, did not realise there was a YNGN board.

We are all aware of the backdrop and risks of further closures
so won't attempt to make a buy case currently.

[pugugly] 20/3/2020 19:47

Could be a right bloodbath here on Monday - All pubs MUST close
"UK PM Boris Johnson says bars, pubs, restaurants will close on Friday evening"

OK some value in the property but will be bleeding cash for a long time - No indication from the scientists as when it will be possible to once again go to pubs, restaurants, cinemas, theatres, leisure centres, and places of mass social gatherings such as Glastonbury -

[elmfield] 16/10/2017 15:50

Then you can shut up shop.
It is all over,
back to the early 70s we go.

[mw8156] 16/10/2017 14:41

seems it's been tipped in the Telegraph Questor as an IHT hedge that's always assuming the relief remains in place; might expect so if the Tories remain in power but what if that awful McDonnell class warfare-monger becomes Chancellor?

[elmfield] 16/10/2017 14:20

Not forgotten now!
More is the pity, in one sense.

[sirhedgealot] 21/5/2015 11:46

Broadly in line with my expectations. Should have kept the trigger better oiled. Well done those jolly chaps who held.

[elmfield] 21/5/2015 08:22

We know why now,
Set to go through old highs.

[sirhedgealot] 27/2/2015 16:47

Can't figure out the price action. I was holding out for lower but the order book went crazy. About half a million changed hands in one week. Odd.

[elmfield] 23/5/2014 11:25

Not cheap now but still good value,IMV.

[elmfield] 22/5/2014 08:23

Excellent results,
Watch it fly.

[elmfield] 25/11/2013 13:39

Should be above asset value when you look at yield etc,
Say £8.50p,

[elmfield] 24/11/2013 22:00

Questor agrees with me then.

[elmfield] 21/11/2013 19:25

Assets of £8.28p a share,
You can't beat this as a safe isa hold with business tax relief.
Well if you can beat it let me know please.

[elmfield] 21/11/2013 12:00

And about time!
Not many free gifts for those wanting to take the long view,

[elmfield] 28/10/2013 15:05

Just a matter of time before this will be marked up.
I can wait.