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CAKE Patisserie

429.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Patisserie LSE:CAKE London Ordinary Share GB00BM4NV504 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 429.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Patisserie Share Discussion Threads

Showing 651 to 674 of 3425 messages
Chat Pages: Latest  29  28  27  26  25  24  23  22  21  20  19  18  Older
DateSubjectAuthorDiscuss
27/1/2017
15:53
RNS shareholding, Octopus, an increase I think.
zho
26/1/2017
14:51
Don't think it will break, more like a gentle rise to 360p.

The only unknown might be the takeover, but that brings risk to me. Why not be content to grow organically?

che7win
26/1/2017
14:27
Are you ready!
larva
26/1/2017
11:42
Looking lively about to break
larva
24/1/2017
19:37
AGM tomorrow?
Didnt know that mate. Like to have had a free slice

larva
24/1/2017
16:35
Would be good to get a AGM trading update but i don't think they do that.

Are you going tomorrow larva?You may get a nice free slice.

shauney2
24/1/2017
14:46
opening in debenhams, local one in oxford has one

hxxps://www.patisserie-valerie.co.uk/oxford-debenhams.aspx

larva
23/1/2017
17:34
Those investors keen to tap into the UK's love of baked treats may also be tempted by the shares of fellow retailer -- Patisserie Valerie (LSE: CAKE).

Back in November, Patisserie reported its tenth consecutive year of revenue and profit growth with the former exceeding £100m for the first time and gross profits rising 14.5% to £81.3m. Online sales were a particular highlight, jumping 23% to £3.8m. The company's reported net cash position of £13.3m -- £7.2m more than the previous year -- was the icing on the cake.

I can't say I'm surprised by recent results. With many years of strong returns on capital and high operating margins relative to the rest of the market, Patisserie presents as a classy business. Moreover, thanks to its plans for the future, I continue to view its shares as reasonably valued, albeit not quite the deal they were before November's results were announced (they're up 17% since).

While a P/E of almost 20 for 2017 looks steep at first glance, CEO Luke Johnson's target of opening 20 new stores every year justifies this fairly high valuation, in my opinion. Not only did the company exceed this figure in 2016 (some of which are already "trading ahead of management expectations"), it has also managed to open another six stores since the year-end. This approach, coupled with the company's seemingly well-received online offering, should continue driving revenue and profits higher over the medium term.

larva
23/1/2017
17:34
Those investors keen to tap into the UK's love of baked treats may also be tempted by the shares of fellow retailer -- Patisserie Valerie (LSE: CAKE).

Back in November, Patisserie reported its tenth consecutive year of revenue and profit growth with the former exceeding £100m for the first time and gross profits rising 14.5% to £81.3m. Online sales were a particular highlight, jumping 23% to £3.8m. The company's reported net cash position of £13.3m -- £7.2m more than the previous year -- was the icing on the cake.

I can't say I'm surprised by recent results. With many years of strong returns on capital and high operating margins relative to the rest of the market, Patisserie presents as a classy business. Moreover, thanks to its plans for the future, I continue to view its shares as reasonably valued, albeit not quite the deal they were before November's results were announced (they're up 17% since).

While a P/E of almost 20 for 2017 looks steep at first glance, CEO Luke Johnson's target of opening 20 new stores every year justifies this fairly high valuation, in my opinion. Not only did the company exceed this figure in 2016 (some of which are already "trading ahead of management expectations"), it has also managed to open another six stores since the year-end. This approach, coupled with the company's seemingly well-received online offering, should continue driving revenue and profits higher over the medium term.

larva
18/1/2017
08:10
Patisserie Valerie owner nears takeover of upmarket chain founded by Raymond Blanc

William Turvill
I write about mergers and acquisitions (M&A), deals and investment for City A.M. [..] Show more

Maison Blanc was founded by celebrity chief Raymond Blanc in 1981 (Source: Getty)
The owner of Patisserie Valerie is nearing a deal to take over an upmarket bakery chain founded by celebrity chef Raymond Blanc.

City A.M. understands Patisserie Holdings came out on top in a competitive bidding process for 13 Maison Blanc sites and has agreed terms for a deal, with the final details being ironed out

larva
18/1/2017
08:03
Hello mate
This looks ready to pop finally

larva
17/1/2017
22:10
I expect the company will have to make a statement with the media article, all depends on the price and synergies.
che7win
17/1/2017
20:10
It's gonna be a pre pack bought on a debt free basis

Yeah and close the central kitchen and fire the directors should make it instantly profitable I guess

10m turnover in prime London


Very very nice

tattooed93
17/1/2017
19:00
Having had a brief look at the latest Maison Blanc accounts at Companies House, it looks like a complete basket case! It made a GROSS loss for the last 3 years at last (I haven't looked any further back), has negative net assets and has relied on cash injections from the current owners to stay afloat.

On the other hand, an additional 13 sites isn't to be sniffed at in the context of CAKE's wider roll out plans. If they can strip out the central costs including the bakery (assuming CAKE already has sufficient facilities there), rebrand the sites and earn margins in line with the rest of the CAKE group (around 39% net of staff costs), I reckon they could easily make the acquisition numbers stack up in line with their 40% hurdle threshold for return on investment on new sites and 2-year payback period, and they have enough cash to do it without impacting on any other plans.

The current owners paid £9.3m for it in 2013; CAKE should be paying a lot less for it given the losses racked up since then.

bestace
17/1/2017
17:53
No idea - I guess it depends what they pay for them.
zho
17/1/2017
17:52
zho,
not sure I see the value in them, what do you think?

che7win
17/1/2017
17:52
zho,
not sure I see the value in them, what do you think?

che7win
17/1/2017
16:55
finally we close with the bid over 320p, at 320.75p.

Asagi (long CAKE)

asagi
17/1/2017
13:47
The likes of this and RBG - reporting Thursday - are going to be big - the whole high street is going to become entertainment as clothes/goods shopping moves to the internet Others include FUL which I'm not invested in yet - but it's companies with no debt and a roll out that will win !
panic investor
17/1/2017
13:39
Bought more, I would guess their latest belfast store one of their golden gooses.
che7win
17/1/2017
11:13
Shes on her way. Fingers xxd.
larva
17/1/2017
10:46
Its early Asagi

The high print was a few days ago

Wont be surprised to see these at 400p in a few days

larva
17/1/2017
10:22
look at how low the volume is compared with recent weeks. We have only done around £100k worth this morning.

Asagi (long CAKE)

asagi
17/1/2017
10:17
and in a market thats pants today ! Only stuff with no debt is holding its own !
panic investor
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