Experienced Investor
Stock of the week: Marston’s
Independent brewing and pub retailing company Marston’s has been transforming its pubs assets by developing franchise style pubs, which focus on food and drinks, while disposing of older drinks-led pubs. These now generate roughly 51% of the company’s profits and give it better control over the retail offer. Investors should appreciate that this is a company which has forecast growth in dividends above inflation and there has been good organic growth in the overall business.
A first quarter update in January revealed that trading remained healthy with record sales in the key run-up to Christmas. In the destination and premium pubs business food sales rose 2.5% and operating margins were up on last year. Furthermore, the group said it plans to open at least 20 further new-build pubs this year.
The continued transformation of the group, combined with rising UK wage levels are positives for investors and, as a result, we recommend Marston’s as a ‘buy’ for medium risk income-seeking investors. Investors should acknowledge that the total reliance on UK consumers does increase the risk, but the fall in the price of oil may feed through to increased consumer spending.
There are 0 Comment(s)
Everything you wanted to know about ISAs…but were afraid to ask
The new tax year is less than a fortnight away and for ISA savers or investors, it’s hugely important. If yo...
Your right to a refund if travel is affected by train strikes
There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...
Could you save money with a social broadband tariff?
Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.
What will happen if rates change
How your finances will be impacted by a rise in interest rates.
Regular Savings Calculator
Small regular contributions can build up nicely over time.
Online Savings Calculator
Work out how your online savings can build over time.
DIY investors: 10 common mistakes to avoid
For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.
Mortgage down-valuations: Tips to avoid pulling out of a house sale
Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?
Five tips for surviving a bear market mauling
The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...
Money Tips of the Week
© AE3 Media Ltd, Floor 7, Lincoln House, 296 - 300 High Holborn, London WC1V 7JH, Company.