Young & Co's Brewery Share Discussion Threads

[essentialinvestor] 21/11/2024 15:45

Spec, they sometimes move independently of each other without rhyme or reason, very same dividend. Idiosyncratic.

Less liquidity in YNGN, only fair to say.

[spectoacc] 21/11/2024 15:35

If both classes XD, how come one well up, one well down? Or at least, the down makes more sense than the up.

(Thanks re GRI comment @EI, one that's fallen off my radar).

[essentialinvestor] 21/11/2024 15:02

Yes for .1153

[essentialinvestor] 21/11/2024 14:49

Well this is disappointing, I had hoped for over £6.50, at least.

Liquidity drying up for many UK smaller stocks over this week.

YNGA is more liquid, however the % gap between the two classes of shares is extraordinary, even when liquidity is factored in.

[essentialinvestor] 15/11/2024 15:02

It's more than 34% now!.


YNGN should be about to move.

[34adsaddsa] 14/11/2024 11:19

34% discount for the non-voting shares.

That's not rational, particuarly given that the voting shares are widely distributed.

[essentialinvestor] 07/10/2024 08:52

I notice the retail director left last week..with immediate effect.

I wonder if the City Pubs acquisition is perhaps proving more challenging than anticipated?.

[essentialinvestor] 05/10/2024 20:27

As per my above post..the Non Voting shares now sit on approx 10 X forward.

Unless something untoward emerges (the recent City Pubs acquisition) - this looks very cheap ..

Could trade below £6 to the £5.70-80 type level.

[essentialinvestor] 28/8/2024 11:37

May be another opportunity develping?.


The current aspect I do not like is gearing up the balance sheet for the City Pubs acquisition.

One of the attractions of Young's has been their relatively low gearing; they needed to raise cash in the most extreme of circumstances during COVID - although some additional shares also issued on their last acquisition.

[1tx] 25/7/2024 11:23

Decent AGM update.The N shares in particular seem very cheap.I think the City Pubs acquisition will prove a success;their pubs bring in a younger,but reasonably affluent customer.

[essentialinvestor] 21/6/2024 13:35

Yes and tbf the recent weather has not been great - that's all change now with summer arriving in the South, where the bulk of their pubs are located. Their pub gardens will benefit.

It looks value on a medium term view.

[wad collector] 21/6/2024 13:33

IC are more positive on the results FWIW. The debt from the City Pub Group takeover should reduce with the profit coming through. With sales up 15% on prepandemic and a summer of sporting events they point out that they are underpriced relative to peers at 968p.
Mind you they said BUY in Nov too and has fallen a pound since then!

[essentialinvestor] 19/6/2024 08:31

Current like for like revenue is tepid, although comparitives are very tough over last year. Unlikely to move the share price

[essentialinvestor] 18/6/2024 14:00

Results tomorrow, overdue a move
IF the outlook is positive.

[c3479z] 16/6/2024 11:06

will there be any read across from Fullers that came out with a reasonably upbeat commentary - have to hope that the summer picks up and England progresses in the footie though personally couldn't care less....

[wad collector] 14/6/2024 13:53

Finals on Wednesday.

[essentialinvestor] 05/6/2024 07:20

As flaged esrlier this werk..


We need the A shares to start moving to make a more powerful advance.

[essentialinvestor] 03/6/2024 07:13

On the move.

[essentialinvestor] 31/5/2024 11:31

Lots of sector headwinds, yes. The recent MAB Update looks solid.

At the current SP, YNGN is under 10 X forward (unadjusted) earnings.

It also depends how the City Pubs acquisition is bedding down.

Poor summer weather would be unhelpful, if we are just considering the short term trading outlook.

[pugugly] 31/5/2024 11:25

Worries about increased costs and taxes after July??
Maybe for investors a reintroduction of Investment Income Surcharge From memory it as 15% on top of your top rate - So at times over 100%

[essentialinvestor] 31/5/2024 11:02

Added a few.

[essentialinvestor] 30/5/2024 22:39

It largely depends on where you see the YNGA share price going.

The last time YNGA traded at current levels, YNGN was closer to £6.

[dodger777] 30/5/2024 17:23

7.5% drop in last 5 days, must be worth a trade at these levels ? Or am I missing something obvious