Patisserie Share Discussion Threads

[steveo18] 23/1/2015 16:21

blue velvet cake

[gucci] 23/1/2015 08:57

not a handsome chart today

[steveo18] 20/1/2015 09:39

pat a CAKE pat a CAKE, bake me a cake as fast as you can

[steveo18] 19/1/2015 14:47

CAKE looking hot!

[steveo18] 19/1/2015 09:07

The Company's Annual General Meeting will now be held on 5 February 2015 (and not on 30 January 2015) at 12.30 p.m. at Patisserie Valerie Spitalfields, 37 Brushfield Street, London E1 6AA.


Do we get some cake at the AGM?

[steveo18] 19/1/2015 09:07

Charts up top are wrong

This is inching up

Cant even get inside when i tried to buy!

[balcony] 15/1/2015 15:43

Star computing that's a blast from the past,was holding as a shell when luke Johnson reversed P express into them

[steveo18] 13/1/2015 09:53

Made stacks of money on star computing/ Pizza express. Expect to do the same here. Buy and lock away.

[onjohn] 13/1/2015 09:26

The Company's Annual General Meeting will now be held on 5 February 2015 (and not on 30 January 2015) at 12.30 p.m. at Patisserie Valerie Spitalfields, 37 Brushfield Street, London E1 6AA.
anyone going?

[masurenguy] 12/1/2015 13:55

Up 3% today on quite a modest trading volume but lots of small buys. This suggests that it might have been tipped somewhere. Current year PER of circa 24 dropping to around 20 next year looks expensive to me. One for the Watchlist but looks to be too pricey at the moment.

[napoleon 14th] 10/1/2015 13:39

T/O = £40.5m in F/Y 300911 - £76.6m in F/Y 300914
PBT £4.9m in F/Y 300911 to £11.3m in F/Y 300914.
Investec fc = PBT of £14.2m/eps 11p this year to 300915,
PBT of £16.7m/12.9p in F/Y 300916.
Not cheap at all, like GRG or SSP but without the large company safety.

[saturn5] 20/12/2014 16:08

Im tempted but white candles can
quickly become black ones.
A fall back could make the chart more interesting.
Must be a lot of wastage in stale cakes.

[gucci] 09/12/2014 12:16

out today
might pull back

[gucci] 01/12/2014 14:46

heading for a breakout

[mrmomentumt] 28/5/2014 11:33

I can't seem to find any financial info on the company. Eg PBT for last years etc. Can anyone help please?

[n3tleylucas] 20/5/2014 06:28

The numbers are not stacking up well here, hmmm. Even if ALL the branches had been operating for 2 years AND all the potential future 250 opportunities likewise open for 2 years I'd still be struggling with a £200m value!

Looks more like a £70m firm atm. Cash has gone to repay debt and founders, even so organic growth can certainly open branches, but not at the phenomenal rate needed to justify £200m.

Looks like a nice little growth firm completely wrongly valued. Shame.

[n3tleylucas] 20/5/2014 03:25

Our journey started almost eight years ago when we bought a six-strong chain of London patisseries. Since then we have expanded our group to almost 140 branches across the country. Now feels the right time to go public: the economy is thriving and the stock market has rediscovered its purpose – providing capital for flourishing enterprises.



An IPO roadshow, viewed from inside
By Luke Johnson
FT

Floating a company costs a fortune, but this is necessary in order to list on a reputable exchange
This week there has been just one subject on my mind: the flotation of our company Patisserie Valerie. It is an all-consuming undertaking. Together with my business partners I have been immersed in meetings with investors all day for the past five working days. In total we will do a whirlwind of about 40 presentations back to back, meeting dozens of prospective institutional shareholders.
Our journey started almost eight years ago when we bought a six-strong chain of London patisseries. Since then we have expanded our group to almost 140 branches across the country. Now feels the right time to go public: the economy is thriving and the stock market has rediscovered its purpose – providing capital for flourishing enterprises. It is all very exciting.
I have a sense of déjà vu about the whole experience. Twenty-one years ago I undertook the same exercise with a couple of colleagues, promoting a restaurant concept to the stock market called PizzaExpress. We floated it for about £25m, not fully realising what a fabulous opportunity the transaction represented: it was a formative moment in my career, and made everything else possible. Ironically, last week it was reported that PizzaExpress is for sale once more – valued this time at a reputed £1bn . . . 
A few of the fund managers I've been meeting recently are familiar faces. In the intervening years they have backed countless winning and losing propositions from entrepreneurs involved with every type of endeavour. I come away from the question and answer sessions with renewed respect for their diligence and insight. It is unquestionably a field where time in the trenches counts. Youthful enthusiasm for the latest deal or technology has its place; but wisdom comes from analysing hundreds of companies, meeting countless management teams, learning which ventures will make most money. It is no coincidence that Warren Buffett, the best investor of all time, has been doing it for more than 60 years.
Our roadshow is the culmination of months of preparation. Accountants and lawyers have been crawling all over our books, producing reams of detailed documents. There are rooms full of contracts, verification papers, warranties, indemnities, leases, health warnings and who knows what else. An analyst has carried out a 50-page study of our company. Public relations agents have been discussing our merits with the media. The whole circus costs a fortune in fees but is, I suppose, necessary if a company wants to list on a reputable exchange.
We are looking for investors who understand our company and will hold for the long term. We present to a few hedge funds: the contrast with mainstream institutional investors is stark. The hedge funds occupy much grander offices and have exceedingly glamorous receptionists, while the partners appear far more laid back. None of that means they are better investors, however.
The key when pitching one's tale is to retain a sense of enthusiasm and be prepared for some tough probing. At least we are raising only tens of millions – not hundreds. Then it would be necessary to hawk our story all around New York too – and perhaps even Geneva. A dog-and-pony show that elaborate sounds exhausting: all we are doing in addition to the City of London is a swift trip up to Edinburgh on Thursday.
There are floods of other companies looking for money. One fund manager complained that we were the third new issue she had met that morning. I pitied her having to wade through piles of
200-page prospectuses full of tiny print, trying to make the right decisions involving many millions of pounds.
The system is somewhat mad, but much healthier than a stock market that neglects British industry. After all, savers need a mechanism to channel their cash towards risk takers who aim to deliver a return to those providers of capital. We are attempting to play a small part in that process.
Next week we close the subscription list, work out the price for our shares – then trading starts. As usual with capitalism, demand and supply will determine the outcome: it all feels rather dramatic. Wish us luck in our new adventure.

[hazl] 14/5/2014 14:53

wish I had a slice now..... when is it Monday?

seriously though, not intending to hold will watch for now.

[smelgys mum] 12/11/2013 20:48

Post 63 is very rude about by son David, a few of the others are near the mark too, this is a cake thread.