.

520p next.

Year End Results to 26 July 2009 (JD Wetherspoon)

Def a short for me now. Not bad results but no reason for the share price to significanly appreciate based on these figures and potential for further downturn in the economy still there.

Could easily get back down to 4.30 level

Long article in this week's Shares Mag.
The gist of which rates JDW as a buy with a price target of 585p (Panmure G) but Dan Coatsworth reckons that is conservative.
Be careful with your short!

Interim management statement.

Just gone long @440

Closed half @452.5 +12.5

Skinny

Have you seen LMR trading statement? I'm short and targetting below 4. Based on Christmas on a weekend (poor comparatives) and the current economic climate.

Cheers

ultimate - will have a look. Re JDW, as I posted on Wednesday's trader's thread, I closed the rest @460 - which on the day looked to be too low!

Skinny, fair play, looks like you made the right call. JDW is a good company and will be around long term, just think that there will be short term pain in the sector as a whole over the coming months, LMR may just be the tip of the iceberg.

Strong today - probably on the back of the MAB trading statement.

Pre-close Statement

Current Trading

For the first 10 weeks of the second quarter (to 3 January 2010), like for like sales increased by 1.2%, compared to 0.3% growth in the first quarter (to 25 October 2009). Total sales for the same period increased by 5.3%, compared to 4.5% in the first quarter. In the first 12 weeks of the second quarter (to 17 January 2010), like for like sales decreased by 0.3%, and total sales increased by 3.7%, with the last two weeks being affected by adverse weather conditions. In the year to date (25 weeks to 17 January 2009), like for like sales increased by 0.1% and total Company sales, including recently opened pubs, increased by 4.1%.

We expect operating margins for the half year ending 24 January 2010 to be in line with the same period last year, with the benefit from lower energy costs being off-set by a higher level of repairs expenditure.

Good move up today - interims 12th March.

in at 432p

JD Wetherspoon plc

Change in results announcement date

JD Wetherspoon plc intends to announce its interim results for the six months
ended 24 January 2010 on 11 March 2010, not 12 March 2010 as previously
announced in the Company's last trading update

SKINNY will they go down or up.

Yes!

Baylis - the chart looks promising - I'm long @440 - but Thursday will tell!

I've closed @492 +52 - good luck Baylis!

Got stopped out @487.0 + 22, I,m happy with that, volume scarily low.