Bass
Article Abstract:
Bass has seen a drop in its market value of 30% since summer 1999, partly due to a switch toward technology stocks by the market. The company is performing well in terms of results. Bass may move out of the brewing industry and use funds from disposals to invest in its hotel activities. Teather and Greenwood rates the company's stocks a buy, Merrill Lynch rates them a long-term buy, and ABN Amro rates them a hold, though it is seen as having good potential for recovery.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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An enviable niche
Article Abstract:
Ann Street Brewery produces quality lagers and beers and has also diversified into soft drinks in France and owns Conquest Inns, a group of tenanted pubs in the UK. The company owns the St Pierre Park Hotel which contributed a profit of 1.1 million pounds sterling to a total of 8.3 million pounds operating profit. The company has 50 pubs in Jersey and 35 pubs in Guernsey. Ann Street Brewery benefits from a profitable niche in the market in the Channel Islands.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Whitbread
Article Abstract:
Whitbread has seen a drop in its stock price following the company's failure to acquire the pubs of Allied Domecq, but this price fall appears to have gone too far. A bid could emerge, and the company's stock price could rise again. Whitbread's Travel Inns have good occupancy rates, while the Marriott hotels have seen rises in room rates, offsetting a small drop in occupancy rates. Whitbread has also acquired Swallow Hotels. The company's break-up value is some 30% above the market value.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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