.

you would think they would do well if there a recession with being so cheap. Not even going to loose many sales in summer with England out of the European championship. Its been on my buy list for a while so will also look at on monday

Still reckon another 30p drop before the upswing 220p I would consider buying.

JP Morgan has cut its price target on pub chain JD Wetherspoon to 440p from 480p, citing expectations of ongoing weak trading.

However, JPM retains its overweight rating on the pub group, saying it sees JDW as good value after falls in its share price recently.

It added that, with the first anniversary of the smoking ban approaching, there was scope for an improvement in like-for-like sales.

Current trading is in line with the second quarter with the usual themes of strong food sales and soft bar sales against the backdrop of the smoking ban, JPM said.

Thanks for that Baylis if anything JDW is in a better position than most pub owners.

Went to the London Inn (Wetherspoons) in Torquay for lunch, it was packed, i mean packed... only couple tables spare

Thanks for that Big Ted it just goes to show that the trade is there despite the smoking ban.

Just surprised me, used to it being packed fri/sat nights, but was full with people eating, cheap skates...! mind you i couldn't help enjoying my beer /burger combo..!

up 5p to 270p

Hi Baylis

I have visited the local pubs where my Wetherspoons is situated and things are very quiet and the landlords in question were talking less customers and increasing costs the W pub though was packed out.

Falling to 200p is that the time to buy..

price increase up 10p a pint.

How much..?

mitzy your 220p was not far.

Yes almost there XST will wait a bit longer.

J D Wetherspoon plc announces that on 17 March 2008, it acquired 500,000 shares
of the Company through Dresdner Kleinwort for cancellation at a price of
245.993p per share.

J D Wetherspoon plc announces that on 14 March 2008, it acquired 250,000 shares
of the Company through Dresdner Kleinwort for cancellation at a price of
259.408p per share.

its a lovely day.

see below

a bad bad day.