Search found 554 matches

by simoan
November 11th, 2019, 10:09 am
Forum: Share ideas
Topic: Anyone for Marstons (MARS)?
Replies: 30
Views: 694

Re: Anyone for Marstons (MARS)?

As for Tullow, I was only commenting on it since you mentioned Next. Next is obviously that rare exception, and good for you to be holding it. Dod I still don't see the relevance of Tullow? I was using Next as an example of a UK retailer, with no overseas exposure at all, that has done well despite...
by simoan
November 11th, 2019, 8:49 am
Forum: Share ideas
Topic: Anyone for Marstons (MARS)?
Replies: 30
Views: 694

Re: Anyone for Marstons (MARS)?

Well, you may be correct in that choosing a portfolio limited to a maximum of 15 to 20 shares is not for everyone, but then you must also recognise that your 50+ companies solution significantly increases the risk of finding more of those bad investments that will drag down your performance. Yes, e...
by simoan
November 11th, 2019, 8:23 am
Forum: Share ideas
Topic: Anyone for Marstons (MARS)?
Replies: 30
Views: 694

Re: Anyone for Marstons (MARS)?

I am most certainly not predicting the future of the UK economy! So why do you eschew Lloyds and Marstons purely due to their UK exposure? That's what you wrote. What's that if it's not a judgement on the UK economy? I think my best investment of the last 20 years or so was probably Tullow Oil whic...
by simoan
November 10th, 2019, 10:24 pm
Forum: Share ideas
Topic: Anyone for Marstons (MARS)?
Replies: 30
Views: 694

Re: Anyone for Marstons (MARS)?

There is an interesting article in this weeks IC quoting "Research has shown that 'risk' in a portfolio. which is the standard deviation of returns from the average, halves as the number of holdings rises from 1 to 10. More importantly, there is no worthwhile risk reduction once a portfolio ge...
by simoan
November 10th, 2019, 2:18 pm
Forum: Share ideas
Topic: Anyone for Marstons (MARS)?
Replies: 30
Views: 694

Re: Anyone for Marstons (MARS)?

There is an alternative perspective (one which I have) which is that it is sensible to have a portfolio of risk. There is always cash covered by the FSCS and land/property. Rental property can have a yield of say up to 7%, but there are currently tax issues anyway and hassle factors. Personally I r...
by simoan
November 10th, 2019, 9:44 am
Forum: Investment Strategies
Topic: Prediction about the next crash
Replies: 19
Views: 1121

Re: Prediction about the next crash

I read this today and wondered what I can possibly do in advance, if the prediction looks like being accurate https://www.theguardian.com/business/2019/nov/08/how-big-tech-is-dragging-us-towards-the-next-financial-crash I hold a lot of VWRL and this obviously has a fair chunk of the FAANG stocks, b...
by simoan
November 8th, 2019, 1:16 pm
Forum: Share ideas
Topic: HSBC & Imperial Tobacco
Replies: 1
Views: 322

Re: HSBC & Imperial Tobacco

Surely the 2 most interesting beaten up large cap long term buy and hold stocks for your portfolio at the moment? Even though I'm tending towards IT's in recent times, I'm not sure I can resist picking up some of these with my recently liberated LLOY and GSK cash. It depends what you are trying to ...
by simoan
November 6th, 2019, 5:38 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Imperial Brands Prelims
Replies: 42
Views: 1884

Re: Imperial Brands Prelims

The Chairman is not the CEO but is expected to ask difficult questions of the CEO and the executive team. The chairman and the Board must be as aware as we are of the share price, and hopefully will take steps to try to improve it. Dod IMHO the board of a company should never consider the share pri...
by simoan
November 5th, 2019, 9:09 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Imperial Brands Prelims
Replies: 42
Views: 1884

Re: Imperial Brands Prelims

And of course, Terry Smith did hold IMB until a year or two ago, so must have been relatively happy with this accounting treatment himself. Until a year or two ago. Perhaps he changed his mind? Arb. IIRC he sold IMB because he lost faith in the management and their strategy. I don't believe it was ...
by simoan
November 5th, 2019, 5:26 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Imperial Brands Prelims
Replies: 42
Views: 1884

Re: Imperial Brands Prelims

I’ve had a look this morning at Imperial Brands as a speculative punt, but decided against it. When I come across a company with such a huge yield compared to the market, the first thing I recommend is to have a look at its traded debt; preferably its longest dated quoted bonds. Imperial 4.875% 203...
by simoan
November 5th, 2019, 12:49 pm
Forum: Beerpig's Snug
Topic: Eng V SA
Replies: 19
Views: 944

Re: Eng V SA

What? Against the current Ireland team!! You gotta be kidding me? That'll be the same Ireland team they put 46 points on and that England put 57 points on before the tournament. Si versus and England teaj that allegedly played its final a week before against a side they put 19 poiunts on that woild...
by simoan
November 5th, 2019, 11:49 am
Forum: Beerpig's Snug
Topic: Eng V SA
Replies: 19
Views: 944

Re: Eng V SA

NZ and Wales might have lost in the Semi's but it wasn't because of their mentality. That's the point I was making. why not? why is it that NZ especially hadn't played their SF the week before? didds What? Against the current Ireland team!! You gotta be kidding me? That'll be the same Ireland team ...
by simoan
November 5th, 2019, 11:11 am
Forum: Beerpig's Snug
Topic: Eng V SA
Replies: 19
Views: 944

Re: Eng V SA

[ Gatland was right. England played their final one game too early. Si sorry - that's just a trite ridiculous thing to say. Did NZ play their semi final one game too early? Ditto Wales? didds It's not trite at all, let alone ridiculous (that's pretty rude to be honest) if you understand what Gatlan...
by simoan
November 4th, 2019, 3:49 pm
Forum: Company Share news (LSE Main Market)
Topic: Marston's (MARS)
Replies: 36
Views: 1781

Re: Marston's (MARS)

It is also interesting that a few months ago they announced that they were in talks to sell their Pitcher & Piano bars, this then came to nothing due to not agreeing on a suitable price. Personally I am fairly relaxed that the sale of 137 old wet led pubs did not reach the valuation made 2 year...
by simoan
November 4th, 2019, 3:31 pm
Forum: Company Share news (LSE Main Market)
Topic: Marston's (MARS)
Replies: 36
Views: 1781

Re: Marston's (MARS)

I think there's a certain amount of missing the point going on here... These are tail end pubs which are only marginally profitable. Yes, the sale represents a book loss of £17m but each pub on average only generated EBITDA of £30k i.e. they are not typical of the overall estate and the valuation ca...
by simoan
November 2nd, 2019, 11:43 pm
Forum: Beerpig's Snug
Topic: Eng V SA
Replies: 19
Views: 944

Re: Eng V SA

But blimey, this type of rugby is unlikely to win over any new fans. Complete bore fest. HYD Yes, it's always worthwhile judging a whole sport based on one game... Anyone that watches any sport knows that finals are rarely good games. Of course, it was a perfectly good game to anyone that loves int...
by simoan
November 1st, 2019, 3:38 pm
Forum: Beerpig's Snug
Topic: England v All Blacks
Replies: 30
Views: 1481

Re: England v All Blacks

Also for today they were missing: Anscombe Faletau Navidi Halfpenny Liam Williams North Tomos Francis Wainwright All injured. DM To be fair, Anscombe and Faletau weren't even at the RWC. I'm sure all teams can point to players that would be in their team were it not for injuries picked up prior to ...
by simoan
November 1st, 2019, 2:53 pm
Forum: Beerpig's Snug
Topic: England v All Blacks
Replies: 30
Views: 1481

Re: England v All Blacks

The ABs just reminded us how special that England performance was. John as my son pointed out to me, Wales conceded more points in 13 minutes against NZ than England did in 80. This with that world class defence. didds And we gave them those 7 points with the rugby equivalent of an own goal. If Eng...
by simoan
November 1st, 2019, 2:39 pm
Forum: Beerpig's Snug
Topic: England v All Blacks
Replies: 30
Views: 1481

Re: England v All Blacks

The ABs just reminded us how special that England performance was. John Or looking at it another way, how Wales peaked 6 months too soon. I know they reached the semi-final but IMHO they had a pretty average World Cup tbh. However, that's a lot better than Ireland and Scotland managed! There are si...
by simoan
October 29th, 2019, 1:46 pm
Forum: Beerpig's Snug
Topic: England v All Blacks
Replies: 30
Views: 1481

Re: England v All Blacks

As a Welshman, it pains me to write that England were brilliant and outclassed the ABs. Their tackling was ferocious and in seven decades of watching international rugby, this surely was the best display by an England 15 (or 23 nowadays). As mentioned by another Fool, the refereeing was exceptional...

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