Hello Share Squashers. Having moved to a new town recently, this old punter has been finding it hard to find a decent pub. This issue probably persists in most places now, as a tide of hostelries have closed for good in recent years. This is encouraging for pubs that remain, especially the chains. One such venture is Mitchells and Butlers (MAB).
Hello Share Charmers. With so many pubs closing in the last few years, those that remain have a better chance of making good. One pub chain that has appeal is Mitchells & Butlers (MAB). Now that lockdowns are out of the way, there could be a coiled spring effect to bring the customers in.
A “First Quarter Trading Update” from restaurants and pubs company Mitchells & Butlers (MAB) includes that it currently has cash balances on hand of £125 million and that Chief Executive Phil Urban has “every confidence that we can emerge in a strong competitive position once the current restrictions on us are lifted”. So why a current 7% lower share price response, to around 220p?...








