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IRGP Indian Rest.

1.25
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Indian Rest. LSE:IRGP London Ordinary Share GB00B0YTNL47 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.25 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 1.25 GBX

Indian Rest. (IRGP) Latest News

Real-Time news about Indian Rest. (London Stock Exchange): 0 recent articles

Indian Rest. (IRGP) Discussions and Chat

Indian Rest. Forums and Chat

Date Time Title Posts
10/9/201211:53Indian Restaurant Group. AIM's first Indian Restaurant Chain300

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Indian Rest. (IRGP) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Indian Rest. (IRGP) Top Chat Posts

Top Posts
Posted at 10/9/2012 11:53 by the big fella
Now called Hermes Pacific Investment. HPAC.
Herpes would probably been a more appropriate name. Definitely one to avoid - the virus and the share that is.
Posted at 16/12/2011 13:29 by markt
NTV...2008
"yes whatever stuart
the price has collapsed for us small shareholder as the management has destoyed the shareprice and value
for them the just got cushdy huge wage packets for doing sweet fa
not a way to run a business imho
many directors running business 10 times size of this don't get anymore than this lot
in this mkt"

2011 ...co. sells its restaurants to wife of a dir. that has stepped down...
looks like a low price.....



...I do hope the sale price was fair and not on the cheap...
Posted at 02/12/2011 14:50 by tomboyb
BSP recently sold a 29% stake in IRGP to some entity/persons at 2.5p per share? Like to know who it is - looking at the stakeholders most stakes have been acquired 15p+ -
Posted at 04/8/2009 11:30 by johnma
IRGP 2.5p

Company currently very undervalued - market cap of £600k with net assets of £2.7m, strategy is to rollout a consistent brand on a nationwide basis for Indian food. Last week news of closure of loss making unit, volume starting to move in.

First signs of volume picking up - stock may have bottomed.
Posted at 29/6/2009 16:53 by stuart14
To see the share price go up, we need significant and continued buying. That is where my issue lays. In this market what would cause that. I can't see much. They certainly aren't a take out target, hedge funds etc wouldn't touch it, so it will be down to interest from PI's. Not sure what will bring them here. I'd like to see management start to take this seriously.
Posted at 29/6/2009 12:45 by stuart14
Centralised Kitchen, bulk produce buying, usual economies of scale savings. If they have the same menu, decor, cutlery, training for staff etc U.K wide it would potentially be a very good business.

My worry is the directors sit around for the next 2 years, taking all the spare company cash as salary and then wind it up.

The reason the share price doesn't reflect the companies cash balance is simply because the only people who can control that balance, at the moment, are acting in their own self interests over there shareholders.
Posted at 29/6/2009 11:29 by stuart14
With the 2 at the top taking £490k per year in salaries between them, at the current rate they are O.K for the next 2 years. Think the directors need a long hard look in the mirror, sure they need rewarding, but not at the expense of the business.

Shareholder information is poor. They never even bothered telling the market they'd opened the Redhill Office.

However, the share price currently is pricing in a pretty poor future, so any surprises should come to the upside. Nice to see new posters here too.
Posted at 28/6/2009 15:51 by goliard
The massive fall in share price is due to the fact that they are losing substantial amounts of money and are seeing profit margins eroded. This is clear from the last results. A loss making, cash consumptive business that is warning about lower than expected demand and falling margins is a prime candidate for going into administration - hence people selling what stock they own.

The recent flurry of posts looks like an orchestrated 'pump and dump' to me, but if I'm wrong then apologies to all involved.
Posted at 27/6/2009 10:38 by robandkerry
The initial feedback from the brand development from our customers has been
positive, but it is clearly early days and the results will be measured over a
period of time.
To mitigate the impact of the economic climate, coupled with the downturn in
consumer spend, we embarked on a range of promotional activities including
two-for-one offers and internet-based discount coupons, which have produced
varied results. Overall the promotional activities have helped us to maintain
our sales but clearly they do impact negatively on profit margins. The
competitive landscape is changing, with very strong discount offers from other
restaurant operators and in order to retain and grow our customer base we will
need to continue the promotional offers in line with our competitors.

Whilst
we have adopted a cautious approach to expansion in the light of current
conditions, we continue to believe in the outstanding medium-term potential of
rolling out a chain of branded Indian restaurants in the UK.

It seems to me that they are struggling like everyone else. I think they will be closing restaurants rather than opening them this year.

Im sure this company has potential, but I can forsee a poor set of results this year and the share price to go much lower than it is now.
Posted at 26/6/2009 14:37 by mike_f
Hardly any shares in issue:

The Company's issued share capital consists of 13,079,850 ordinary shares with a nominal value of 10 pence each ("Ordinary Shares"), each share having equal voting rights.

The company does not hold any Ordinary Shares in treasury and therefore the number of Ordinary Shares with voting rights is 13,079,850.

The percentage of the Company's Aim securities that are not held in public hands is 41.12%.

At 26th May 2009 the following interests of shareholders in excess of 3%, have been notified to the company.
Indian Rest. share price data is direct from the London Stock Exchange

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