Patisserie Share Discussion Threads

[che7win] 26/10/2016 08:45

Book, CAKE are high end, not in that kind of market.

[bookbroker] 26/10/2016 08:42

These'll fall soon, it's clear that the British affair with wasting money on coffee and cakes is now saturated, these concessions are such a drain on the British purse I'm staggered that people cannot be bothered to take a thermos to work with them, do companies not provide refreshments such as tea and coffee!

[che7win] 26/10/2016 08:31

Just the 7% spread this morning!

[che7win] 19/10/2016 13:10

htTps://twitter.com/valeriecafe/status/788711811340206080

[onjohn] 19/10/2016 08:22

Cooking on heat

[che7win] 19/10/2016 08:13

Our NEW White City store is NOW OPEN! Located inside Debenhams at Westfield Shopping Centre!

[che7win] 18/10/2016 09:07

Thanks tattooed, looking good.

[tattooed93] 18/10/2016 08:06

Forecasts ?

[tattooed93] 18/10/2016 08:05

Patisserie Holdings (CAKE): Upgrade from Hold to Buy (BUY)
A positive site visit this week has given us comfort on FY16 (September) numbers and our focus now turns to FY17 forecasts, which bear upside risk, in our view. The share price remains 10% below pre-referendum levels and has been largely ignored in the post Brexit recovery. We reaffirm our 350p price target and upgrade from Hold to Buy.
Analyst: Roger Tejwani

[pastybap] 14/10/2016 13:40

I do like CAKE (literally!) But recently sold. I can see margins being squeezed by FX movements and also the stepped increases in the living wage. Both fairly obvious points, but ones i'm not sure the market has fully accounted for.

[che7win] 14/10/2016 10:20

Last year they were 27th November

[tattooed93] 14/10/2016 10:13

What date is results? I want to add before that when funds allow

[che7win] 14/10/2016 10:10

Needs to roll out another 75 stores first :-)Results next month, good time to get in as I expect they will be over 400p by then - it's come down from 450p highs.More staycationers and foreign tourists next year will see trade doing well I reckon.

[tattooed93] 14/10/2016 10:05

can order delicious cakes online too now


Reckon whitbread will buy this one

Jonson says he wants a very big price because he sold pizza express too cheap

[che7win] 14/10/2016 10:01

From what I can see from one of those new stores I checked yesterday, it's doing a roaring trade, busy as good be.I'm most impressed with this business, high margins.

[tattooed93] 14/10/2016 09:56

In the past six months the group added 12 new locations, taking the total number to 177. This includes several smaller brands the group owns, but Patisserie Valerie remains the prized possession with 126 sites.

Each new cafe is funded by existing operating cash flow, which means the company has no need for debt and at interim results stage had net cash of £8.9m. Strong cash flow is one of the most attractive aspects of the business and is driven by operating margins that clocked in at 16.7% over the past half year. The company is able to have high margins thanks to a vertically integrated supply chain, which keeps procurement costs low.

[larva] 14/10/2016 09:51

buyers nibbling

some large guys taking a proper slice

news looks imminent

[larva] 14/10/2016 09:28

like a bit of cake
Naughty but nice

[larva] 14/10/2016 08:55

CAKE


1) well positioned, vertically integrated brands which straddle two growth markets and have plenty of runway for growth; 2) successful formats in a variety of guises and multiple routes to market; 3) strong and consistent cash flows to internally fund growth and an ungeared balance sheet with net cash of £8.9m; 4) no sizeable direct competitors; and 5) a highly experienced management team.

Target 450p

[che7win] 14/10/2016 08:35

Curving up today, would be nice to get up to 330p level again.

[nw99] 10/10/2016 09:26

Agree looks good still

[che7win] 10/10/2016 09:15

Had some more, looks a right bargain under £3