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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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Indian Rest. Share Discussion Threads

Showing 76 to 99 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
04/6/2008
12:15
Stuart I traded these when they were IOS and I am intrigued by your comment

Management are delivering their plan, it will take time.

Now the plan a year ago was to buy a company in India hence the name india outsourcing. Instead they bought a curry house!!!

How is that a management delivering on its plan?

dope007
04/6/2008
08:36
what is his salary NTV?
chuckycheese
01/6/2008
17:59
johnma

don't suppose he said he would take a salary cut?
taking 1/9th of mkt cap in hard cash per annum

ntv
01/6/2008
11:09
Hi Stuart

Spoke with Amit on Friday - explained our groups' frustrations which he listened to and promised to do the best he can to help assist them.

Feeling a lot better and hopefully if the company continues to achieve its objectives in line with its longer term strategy - this one will turnaround.

Thanks

johnma
29/5/2008
17:27
DON'T BLEED THE COMPANY DRY
ntv
29/5/2008
08:52
COME ON DIRECTORS CUT YOUR WAGE PACKETS
ntv
27/5/2008
11:08
stuart
you have a fascination of this 26p level but it doesn't alter the fact they issued the shares and diluted the the number in issue
it doesn't stop them from selling stock they already own or the fact that theTHE WAGE PACKETS ARE WELL OUT OF PROPORTION TO THE SIZE OF THE COMPANY AND ARE PROBABLY THE LARGEST IN COMPARISON TO THE MKT CAP OF THE COMPANY ON THE LSE
in fact if the mkt cap falls any further their wage mkts for the coming year will exceed it
i wonder what LSE AIM regs would think of that?

ntv
27/5/2008
08:38
Johnma

Anywhere near breakeven - I would suggest the price will have to treble before that level is reached. A long wait ahead me thinks. Might as well sell up now and be done with it.

the big fella
27/5/2008
08:16
Yep, we disagree. I spoke to Amit for the first time last July. He never gave me a date for the completion of the deal, only that they were in the final stages of completion. My assumption was different to yours.
stuart14
27/5/2008
07:22
Johnma sorry but don't agree with that at all. Management are delivering their plan, it will take time. Management did the deal in the time they said they would, some investors simply midread their statements to think things would happen quicker, some investors also have no idea how much time it takes to make these things happen. Management have also ALWAYS said that they wouldnt go out to institutions until they had at least 6 units, that is still the plan and is expected by year end. Lastly the original deal was done for paper at 26p, nobody involved with that deal can sell below those levels.
stuart14
27/5/2008
06:47
Thanks Johnma.
chuckycheese
25/5/2008
11:04
CC I still hold these - apology if it makes you feel better you can have it, however it was Paul who introduced me to this company and its times like know you realise sometimes its better to go it alone with you investments - because what might have seem a good deal at the time has now proven to be a poor one.

The management have clearly failed to generate any real interest on the back of the deal, no PR, NO instiutional focus - just poor delivery.

I have spoken to both Amit and Haresh and my key investors will be looking to exit this stock once we get any where near breakeven.

Sorry guys bad call!

johnma
23/5/2008
06:25
100k sale was a protest over that i hear
pity it didn't knock it further

ntv
23/5/2008
06:24
anything will be a bargin compared to the ludicrous price they paid for the intial business plus that is losss making
PLUS THIS LOT ARE STRIPPING IT FOR CASH THROUGH LARGE SALARIES AND ARE DESTROYING SHAREHOLDER VALUE
TO GREEDY TO BUILD A PROPER BUSINESS IN THAT SECTOR

ntv
22/5/2008
17:03
I can't see this stock going anywhere but down. The retail environment is very poor, and the company will struggle to make a decent return.
jmkl
22/5/2008
13:54
I suppose the ideal scenarios is buy up all these units at knockdown prices only for the economy to make a miraculous recovery and we are all quids in. Somehow I don't think it will be that simple!!
the big fella
22/5/2008
13:21
I believe they are looking at some real bargains. They obviously can't say much but have said that the current economic environment is benefitting them as they look to rapidly expand. Once they've got 6-8 units the business will be that much more marketable.

Tonyx, yep baffling. Think the MMs are looking for buyers, they're not finding any, so what happens next........

stuart14
22/5/2008
13:16
Much depend on how much cash they have spent on these deals so hard to say how much cash left. Probably prudent to assume 1.5 mil left.
I suppose on the flip side as a cash rich company I would suspect the price we are buying the new units at will be factoring in the consumer downturn. We might be getting some bargains.
The restuarant business was profitable. It would be foolish to think they haven't suffered some downturn in trade. So I wouldn't want to leave ourselves short of cash!!

the big fella
22/5/2008
12:57
Do they need to raise more cash? The drop on no trades is baffling. Not a holder- just curious!
tonyx
22/5/2008
12:18
Big F, I asked them about that earlier. Some of the deals are paper, but mainly cash at the moment
stuart14
22/5/2008
11:59
hi big fella - lets put this down to experience! - it wasn't a business i understand - got in because i hope to make a quick killing and got killed.
oh well!
does johnma still hold this - i recall he got me into this - i think you should apologise mate!!!

chuckycheese
22/5/2008
11:54
Chaps

One final thought before I retire for a lunchtime beer - the trouble is I am sure the company would want to use paper in any purchase of existing sights. If the paper is worthless then this makes this much harder. Doesn't do much for the management's credibility either.

the big fella
22/5/2008
11:50
Chucky

Yes we got well and truelly shafted with this by the looks of things. Maybe in a couple of years the management may surprise us.
As it stands it looks like the wrong deal, at the wrong time in the consumer cycle.
As for 4p if they had 250k I reckon you'd get them! Price action today says someone has a load and they need to get rid of them today at any price. Don't you just hate those margin calls.

the big fella
22/5/2008
11:41
Just e-mailed you mate!
stuart14
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older

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