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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Indian Rest. | IRGP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.25 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.25 | 1.25 |
| Top Posts |
|---|
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 25/2/2010 19:41 by ntv buy pen by the way ,excellent cashflow and chunky divi |
Posted at 04/8/2009 12:30 by johnma IRGP 2.5pCompany 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 23/7/2008 09:37 by stuart14 Yep you are wrong. Blue Star Capital are in the placing Doc.As for the unit cost for BB, bear in mind the 17 takeaways are not full units, they have no restaurant or seating, just a desk and phone for pick-ups /take aways. The beauty of BB was the Centralised Kitchen, all food cooked in one place and then sent out to the units where they are reheated before delivery. Not high end eating by any stretch but it keeps the economics low. IRGP were also after BB, shame they didn't get it. They also plan a centralised kitchen in the future. Clearly we've stumbled early on, the market isn't going in our favour, but I truely believe these guys are taking a professional attitude towards expanding the business. It is a challenge, clearly priced as such, but if they can overcome it they will have a good viable business on the back of it. I'm wondering whether the next step for IRGP would be a takeaway business. The unit cost will be tiny, all you need is a basic kitchen and a waiting area. They can take food cooked from one of the restaurants during the day (during the quiet period) and heat it up there for the busy delivery time in the evening. One of the resaurants is clearly quiet during the day, turning that into the centralised kitchen would make sense. 17 takeaway units would easily be acheivable over a short period. If we would be valued at £4.4m then you'd be looking at a 60p share price!! |
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