ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CARL Carluccio's

141.25
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Carluccio's LSE:CARL London Ordinary Share GB00B0Q4N517 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 141.25 0.00 01:00:00
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 0 141.25 GBX

Carluccio's (CARL) Latest News

Real-Time news about Carluccio's (London Stock Exchange): 0 recent articles

Carluccio's (CARL) Discussions and Chat

Carluccio's Forums and Chat

Date Time Title Posts
30/12/201122:40Any info on this one?517
15/6/200817:38CARLYLE: Crйme de la Crйme thats always gets the Cream,but why?.28

Add a New Thread

Carluccio's (CARL) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Carluccio's (CARL) Top Chat Posts

Top Posts
Posted at 10/9/2010 10:09 by spaceparallax
Interesting that we're sitting so steadily around the offer price - presumably bodes well for a counter-bid
Posted at 02/9/2010 13:06 by goliard
Excellent price and a good deal for shareholders. Always the possibility of a counter bid, but this looks like a done deal.
Posted at 06/8/2010 13:31 by dnfa1975
May 5, 2009
Carluccio's shares jump 25% on bid approach
Dominic Walsh
Shares of Carluccio's, the Italian deli-dining operator, jumped by 25 per cent in early trading as the company confirmed that it had received a bid approach from an unnamed suitor.

City sources suggested the approach had come from a private equity firm seeking to take advantage of the group's depressed share price, with analysts citing a likely bid level of 110p to 120p a share.

Many of the country's best-known chains are already in private equity hands, with Blackstone's Tragus Group owning the Café Rouge and Strada brands, and Cinven's Gondola Group running the PizzaExpress and ASK chains.

Both Blackstone and Cinven were last night being cited as possible suitors for Carluccio's.

Richard Caring, the millionaire clothing and leisure entrepreneur who has built up a 12 per cent stake, is tipped as a possible counterbidder in the event of a firm offer.

Mr Caring, who owns such London eateries as The Ivy and Le Caprice and the fledgeling Côte chain of French bistros, is known to have previously considered bidding for Carluccio's.

The shares, already buoyed by speculation, initially leapt to 98.5p, up 25 per cent, valuing the business at about £57 million, later falling back to close at 92.5p, up almost 18 per cent.

In a Stock Exchange statement, it said: "The board notes the recent movement in its share price and announces that it has received a preliminary bid approach. This preliminary approach may or may not lead to an offer being made for the company."

Analysts said that any offer would have to be pitched closer to 150p to be considered, given that the company is cash-positive and still has huge development potential.



Deja vu? 150p would do nicely :0)
Posted at 02/8/2010 13:35 by trendfloor
That chart I was mentioning Carlucious CARL.....
Posted at 17/6/2010 12:56 by spaceparallax
I think today's 30K seller will come to regret taking the profit so soon - this share is destined to rise steadily.
Posted at 17/5/2010 16:36 by steadyitgoes
Interview with the CARL FD on H1 results -
Posted at 15/3/2010 14:24 by spaceparallax
I just don't understand why share price consider CARL to be a Sell - from today's share price activity, the mkt's equally confused.
Posted at 09/12/2009 14:15 by spaceparallax
I'm surprised that share price retain a glum stance on CARL
Posted at 17/5/2009 08:00 by utterly pointless
From The Sunday Times:

Carluccio's mystery bidder revealed
Matthew Goodman

AN investment firm that has previously backed both Pizza Express and Loch Fyne fish restaurants is the mystery bidder for Carluccio's, the chain of Italian eateries.

Hutton Collins has been working on plans to take AIM-listed Carluccio's private for several weeks. This month the chain, founded by chef Antonio Carluccio, confirmed to the stock exchange that it had received an approach but declined to name its suitor.

A successful bid would end its brief life as a public company. The chain was founded in 1991 when Carluccio and his wife Priscilla opened a delicatessen next door to their Neal Street Restaurant in central London. It proved a hit and the couple began opening further sites. Today there are about 40 outlets in the UK.

The company floated in 2005, allowing the couple to sell their stake for about £11m. Today, the chef has no involvement in the day-to-day running of the firm, but advises on menu development and helps with marketing.
Related Links

* Approach for Carluccio's feeds life into sector

* Carluccio's shares jump 25% on bid approach

Shares in Carluccio's have risen more than 20% since the bid approach was announced, closing at 97p on Friday, just above its float price. That values the group at £55.7m.

It is not clear how likely Hutton Collins is to press ahead with its interest. The share-price rise may have made it harder to put a formal offer together.

Carluccio's is due to present half-year results on Tuesday. KBC Peel Hunt, the broker, expects half-year profits to fall to £2.1m from £2.7m last year.

Neither Carluccio's or Hutton Collins would comment.
Posted at 06/5/2009 07:33 by utterly pointless
From the FT

Carluccio's is on the menu for takeover

By Pan Kwan Yuk and Neil Hume

Published: May 6 2009 03:00 | Last updated: May 6 2009 03:00

Shares in Carluccio's rose strongly yesterday after the Italian restaurant chain said it had received a preliminary approach from an unnamed suitor.

Market speculation last night was that the approach was from a private equity group, although Richard Caring, the restaurateur who owns landmark London dining spots such as the Ivy and Le Caprice and is a major shareholder in Carluccio's with a 12 per cent stake, has also been tipped as a possible suitor.

Carluccio's, which is being advised by Hawkpoint Partners, said in a statement that there was no certainty that an offer would be made.

However, the shares, which have gained nearly 35 per cent since the start of April, rose another 18 per cent, or 14p, to 92½p.

The current share price, which is still some way off the high of 231p achieved in 2007, gives the company a market value of about £52m.

Douglas Jack, an analyst at Numis Securities, said in a note that a likely bid price could be between 110p and 120p a share, or 9 to 10 times earnings before interest, tax, depreciation and amortisation.

"The restaurant sector could be vulnerable to a round of consolidation, given better than expected trading conditions, historically low valuations and government fiscal and monetary efforts to inflate the economy," he said.

Carluccio's, which has 42 outlets and this year opened its second overseas restaurant, in Dubai, appeared to be weathering the pull-back in consumer spending better than many of its rivals.

"It's a highly regarded business," said one restaurant industry adviser. "It trades all day and has a low average spend per head. Plus, it has no debt."

In its most recent trading update in April, Carluccio's announced a 14 per cent rise in half-year sales, in spite of the economic downturn.

However, because management does not give like-for-like sales figures, it is not clear how much of the growth was driven by new restaurant openings rather than by organic growth.

Pre-tax profit for the year ending in September was up 14 per cent at £5.6m, on revenue that rose 20 per cent to £64.1m.

The first Carluccio's was opened in 1999 and took the name of Antonio Carluccio, a restaurateur from Campania in southern Italy, who has since stepped down as a consultant to the company.

Lombard, Page 18
Carluccio's share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock