Young & Co's Brewery Share Discussion Threads

[elmfield] 06/2/2007 22:33

I received my money for my holding in BRA, just for info.

[elmfield] 02/2/2007 11:17

Greene king on move today and we seem to be following.

[elmfield] 22/1/2007 21:51

Thanks for that, will take the cash. will have a look at the above, why Youngs down today, maybe they are a buy/add if drop any more!

[lundhousegreen] 21/1/2007 09:34

Have a look at JHD on AIM, which is my largest holding, excellent share, steady growth, 3 special divi's in 3 years, consistent growth in dividends, good following on the JHD bulletin board, the shares are tightly held, and 60%+ owned by the Halstead family. An upbeat AGM statement last Dec.
Also look at CIC. No divi yet, but prospects very good. MCKS worth a look also. (Last 2 are on the main market). Just a couple of ideas. LHG
JHD website Have a look at the "about us" section.
MCKS site..

[elmfield] 20/1/2007 20:31

Welllooks like will have to take the money on my 4 thousand shares and a small loss to boot, now where shall we go? any Ideas ,m ust be AIM?

[lundhousegreen] 19/1/2007 15:44

Brakspear announces the withdrawal of its securities from PLUS, as JTD own almost 79% of the company. The withdrawal is expected to be effective on 2 February 2007.
It's now time to move on, I think, and look elsewhere to invest.

[lundhousegreen] 18/1/2007 07:27

The Board of Young & Co.'s Brewery, P.L.C. announces that James Young, aged 55,
currently Deputy Chairman and Director of Production and Distribution, will be
retiring from the Company on 31 March 2007. A new Deputy Chairman will be
appointed in due course.

---------------------------------------------------------
The same things happened at HDYS, family retiring, etc., and there was a takeover in 12 months or so. Only Torquil Sligo-Young left as the only family member on the board. LHG

[elmfield] 17/1/2007 12:37

Wonder what they paid, I assume this is a good move?

[lundhousegreen] 17/1/2007 09:18

Wells & Young's Brewing Company acquires Courage brands from Scottish & Newcastle.

[elmfield] 15/1/2007 08:20

Thanks for that, mine in nominee account so no idea what is going on but I left instructions to reject the offer.

[lundhousegreen] 11/1/2007 12:30

Off topic.
Elmfield (& any others). Still holding Brakspear? It looks from this morning's announcement that JTD investments still only have approx. 65% of the shares of the company, a long way short of the 75% required to take Brakspear off Ofex/Plus, and way short of the 90% to compulsorily purchase the rest of the shares. Only 5% of the public are so far accepting the deal. I am going to hold on to my shares for the present, and see what happens, as more than likely, without an improved offer, Brakspear will continue to be traded on Plus.
Could do without the bullying tactics of Brakspear, i.e., now 3 "polite" telephone calls to make sure I have voted/sent in certificates, to which I have given them short shrift, and part of this morning's RNS, which says....
" THE CANCELLATION OF THE QUOTATION OF BRAKSPEAR SHARES ON PLUS WOULD SIGNIFICANTLY REDUCE THE LIQUIDITY AND MARKETABILITY OF ANY BRAKSPEAR SHARES NOT ASSENTED TO THE OFFER."
That's if they can get to 75%, which looks quite doubtful at the moment.
LHG

[lundhousegreen] 03/1/2007 17:51

I would expect, as are other breweries, that looking at REIT's are on the agenda IMO.

[elmfield] 03/1/2007 13:02

Is REIT A Possible one here, I suspect some of the bigger shareholders would prefer to keep things as an AIM stock? I do. I suppose you would loose some of the tax breaks and gain others?

[lundhousegreen] 21/12/2006 14:45

Looks like Brakspear shareholders not happy, so the directors are trying to push the deal through another way.


As I read it, only 50% majority now required, not 75%, which they (JTD & the Brakspear directors) already have 65% . Still going to vote against again, even though it now appears a done deal.
Very slim chances of a counter-bid, IMO.

[elmfield] 19/12/2006 16:05

Lundhousegreen,
I hold 4000 bra And to my knowledge I have heard nothing but I will ring my broker to confirm that I will not be voting for the takeover. Thanks for letting me know that you had been rung.

[lundhousegreen] 15/12/2006 07:13

Friday Telegraph's market report....
"The pubs stocks continued their ascent as Citigroup became the latest broker to publish a bullish note on the sector. It analysed the potential value that could be released by splitting businesses into property and operating companies."

[lundhousegreen] 12/12/2006 20:26

Apologies in advance to YNGA/N holders for being off topic.
I have mentioned Brakspear here before, just to let holders know that as well as a 2 page canvassing letter arriving last week, I received a 'phone call on behalf of JTD (who represent Brakspear) today asking if I had voted, and may they ask how I voted. Gave them short shrift, of course, BUT I have never had this sort of "attention" or intrusion during any takeover before, and IMO think it smacks of panic and desperation by the Brakspear board that the bid will be rejected. What do they expect, when the offer is 150p below previous day's market price?
If the preferred bid is rejected, hopefully the bidder might come back with a better offer, or if not, there may be another offer from elsewhere?
Rant over!

[elmfield] 06/12/2006 11:40

LUDERITZ,
might be worth looking at non voting, they may have a little catching up to do?

[lundhousegreen] 06/12/2006 11:26

Very happy with this share. Up again today. More to come? Very few willing to sell at this stage. A few automatic share trades snaffled by the market makers before hitting 3510p on the offer.

[elmfield] 06/12/2006 10:39

So, I for am are more than happy to hold and with the AIM stock status I can see why there is demand for a part of this even though we are at all time highs, still plenty of scope ....

[elmfield] 05/12/2006 07:56

solid set from Greene King,

[luderitz] 03/12/2006 21:16

Thanks Elmfield,

Anyone else with some upper and lower figures on that spread please?

[elmfield] 02/12/2006 00:28

It does change, you just have to watch it and pick your time, good luck.

[luderitz] 01/12/2006 23:25

I'm doing some research on this lot and just wondered about the spread, looking for someone to give me some answers please?

49p seems to be normal today (4.5%), Is that usual? seems a bit much but usual I suppose on AIM Company's.

Thank's for any help.