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Stockopedia Webinar
For anyone who is free to listen in on a Stockopedia webinar tomorrow lunchtime (at 12:30), the sign up link is here. I shall be listening in, as it's introducing completely new material, covering Stockopedia's stock ranking system (that appears in the far top right hand corner of every StockReport).
I must admit that I've not really used the stock ranking system myself, but having recently seen the first year's results, I will be using stock rankings in future - because the correlation with share price outperformance is remarkable. Therefore I strongly recommend readers to tune in, and give yourself an edge in the investing jungle, since the stock rankings have now been proven to have a very good correlation with share price outperformance - the data will be revealed in tomorrow's webinar.
Vianet (LON:VNET)
The Government has announced what it plans to do on the proposed Statutory Code re brewery tied pubs.
I've skimmed the summary in the announcement, and it seems to have been heavily watered down, and seems to give tenants a right of review over their rent. Click on the picture on the right to open the Govt report issued today.
More importantly for VNET, the proposals on beer flow monitoring do NOT outlaw the use of this equipment, but does emphasise that it should not be used as the sole basis for penalising tenants.
So breweries will need supporting evidence in addition to the data from the beer flow monitoring equipment, in order to penalise tenants who use illicit supplies of beer when they shouldn't do.
The relevant paragraph says;
The consultation proposed that flow monitoring equipment (FME) should not be used in enforcing the beer tie. There was widespread agreement that FME data should not be the sole evidence used to enforce the tie but some confusion over whether the intention was to rule out any use of FME data for enforcing the tie. The intention was not to prohibit the use of FME altogether but to prevent enforcement of the tie based on FME data and the Government has decided to replicate the existing industry framework code provision so that FME data may…
