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Its not like we didn't already know, but Boris has just announced formally that all pubs will reopen from 4th July.
I cant see a great deal happening with the price on that news, since everyone knew.
Well now it’s official hopefully start moving towards 80 pence.
sipit..
More like 60p the way it's heading now!!..
Live..69.8!!!
The Market always reacts the opposite to what we think should happen !
The sticking point is probably the wrangle about signing in / out at the pub .
Although an idea that could work initially ( maybe more for us old farts ) is to include within your bubble one or two pubs ? And not going on the old pub crawl etc ( spreading Covid )
If there are long queues at Primark and IKEA rifling through your pants, socks and cutlery I can't see imagine pubs will be too far off where they were pre lock down. App's and table service will become common place by your second visit, rounds and doubling up will make it more efficient. I can only see a big upside here even if it takes 12 months.
It is reasonable to conclude as Barchid inferred earlier, Publicans are machinating over how to manage registration. It could be a nightmare and possibly only feasible where Locals are concerned. Hard to see how casual callers ( Tourists) will be happy, but who knows. Someone may come up with a work-around.
For the 2nd time the AGM was in January, thursday meeting is regarding approval of the Carlsberg deal and update on interim results .
Investors please do your due diligence .
I would not have gambled this stock price being down 4% today!
Unbelievable!
Statement from Fiona Dickie, Pubs Code Adjudicator, following the announcement of pubs reopening in England makes for brief and undetailed but interesting reading defending tied tenants.
I was expecting 80's today with all the news...the stock market is weird.
£255k buy after market close at least....
@ srostron1983. Most likely speculators bought in the last few days, also expecting this good news. Then when Prime Minister confirmed it, they probably viewed mid-seventies at this time as a high watermark for the shares/unlikely to go up much further in the next few weeks so decided to bank some decent short-term profits and sell.
There was bound to be profit taking as the announcement was no surprise in terms of its content. But that never stops market makers for making hay as speculators buy and sell into the announcement. I admit to being surprised at the extent of the drop but this should be seen as a market phenomenon as speculators move on to the next hot ticket. Investors must look beyond these moves...
We've known its coming hence lack of a reaction. Then people who were expecting a rise sell out and move on. It's not been a secret!
@fairdealer
On my “week ahead” a Email from London South East it lists the companies with AGMs. It states Marstons under this list For Thursday 25th of June. Maybe you should do due diligence and Email them to tell them they have it wrong and are sending out miss-information you toff nosed git.
RT keep a civil tongue. If you know anything about this company you should know the AGM was in January. Do your own DUE DILIGENCE and look at the Company's Financial Diary. If that is too much have a look at the RNS which clearly states GM.
I do'nt care a jot what LSE have stated it is wrong, and for that matter people who don't research properly but just arrive out of the blue, and invent to suit thier own agenda.
If knowledge offends you , so be it.
One should not rely on third-party sources. If you want any information about a company, go to the company website or refer to their RNS announcements. LSE obviously got it wrong. They often do...
Thank you. I wasn’t aware that they were often wrong. I thought I could take that source as good information.
@fairtrader, if my source was incorrect I have hardly “invented it to make it suit my own agenda” you really are a pretentious swine and clearly love to shoot people down at any opportunity. Perhaps you should learn to give people the benefit of doubt from time to time. I never had any ill intentions in what I first said. I was just miss-informed from a poor source. I will however ensure that I go straight to the horses mouth from now on as advised.
Yes, treat all non-primary sources with care. Go to the best source possible. Don't forget that companies are legally liable for false statements via RNS. So they have to be extra careful. It looks this morning like MMs are trying to pick up cheap stock... don't be one of their stooges.
RT
Is it not possible for you to have an exchange with other posters in a civil fashion?
Calling someone a "pretentious swine" does not seem to add much to the conversation IMHO
The news yesterday is welcome but scientists in particular have their reservations. Johnson has scrapped the televised briefings and this has rightly caused concern. He's a cheat that needs to be questioned but there will no longer be the daily opportunity to do so. Plenty of drinkers will abuse the rules and we may end up with a second wave, God forbid. Pub companies need to exercise extreme caution as this move is political and economic and goes against current scientific advice, imo.
RT it is a pity you do not use your literal skills to better effect rather than using expletives that only display an impetuous character who does not take on-board simple Corporate research.
As always never invest more than you are prepared to lose and in Company's that you have not researched.
What are you talking about? Who said I am at a loss here? It’s a pity you are so socially impaired. I admitted that the source of my information was second hand and that turned out to be incorrect. Perhaps if you weren’t so autistic you would be able to let it go? You are poison, always looking down on others thinking you are the Wolf of Wall-street. Pathetic. Try encouraging people, trust me it feels better.
RT you really have a problem, seek medical attention, before meltdown happens.
Not being able to reason logically seems outside of your cerebral capacity. Know what and who you are talking about and save yourself the embarrassment.
AS for the name calling CUT IT OUT.