Restaurant Share Discussion Threads

[philanderer] 09/12/2016 11:27

Nice rally this morning.

More than happy with RTN staying around 350p and yielding 5% on an unchanged dividend.

[adobbing] 09/12/2016 11:10

Deutschland Bank demonstrates it has no idea what it is talking about. It's so called "casting an eye over" is nothing more than a cut and paste from its previous drivel.

Most of what is mentioned has already happened and it demonstrates no relevant insight whatsoever.
I imagine most of the drivel it spouts on this and other stocks, is generated randomly from generic phrases and statements it uses repeatedly.

If you want insight into a business, study the business and understand it, don't rely on the random phrase generator these muppets employ!

[philanderer] 08/12/2016 13:15

Ah ! weakness today..

JP Morgan , one of the House Brokers cut the target price from 390p to 360p this morning. Retained 'neutral'

[philanderer] 08/12/2016 09:26

Obviously not , just becoming a portfolio wrecker.

Deutsche initiating with 'sell' and 290p target this morning.

[philanderer] 07/12/2016 18:19

Hopefully rising on good news leaking on that imminent trading update ;-)

[philanderer] 05/12/2016 10:19

And using a bl++dy Frankie & Benny's photo at the top of the article :-S

"Thousands of UK restaurants could go bust, accountancy firm warns"

[philanderer] 04/12/2016 17:28

Restaurants in London`s West End all rammed yesterday, including Garfunkel's :-)

Best bit of business seemed to be the new Lego Shop in Leicester Square with a 200 yard queue waiting to get in.

[philanderer] 02/12/2016 14:00

Well there`s someone there :-)

Frankie & Benny's ‏@frankienbennys 2 hours ago

It’s day two of the Treat Tree! Don’t miss out on great treats and prizes every day until 25th December on the F&B app!

[essentialinvestor] 02/12/2016 11:59

valuehunter, in fairness to GNK the asset value of their estate is a plus.
From memory they own about 82% of the freeholds on their properties.
GNK has the flexibility to sell outlets, they are looking at net disposals
of around 50 in H2.

However the update left me cold which is why I sold, cracking recovery play
at some point imv.

[philanderer] 02/12/2016 10:01

Nope is the answer.

Is there anyone actually running the shop here ? ;-)

[philanderer] 01/12/2016 17:05

Only one blue for me today. Any chance of that update tomorrow ? ;-)

[thevaluehunter] 30/11/2016 23:16

I'm thankful I'm in RTN with virtually no debt rather than green king with £2.2bn of net debt.

[philanderer] 30/11/2016 20:01

.....Elsewhere, investors lost their appetite for Frankie & Benny’s owner Restaurant Group. Shares tumbled 12p to 324.6p after broker N+1 Singer cut its rating to “hold” from “buy”.

Pub operator Greene King also lost 25.5p to 686p after it forecast a challenging consumer environment next year, due to the hike in the National living wage.

[philanderer] 30/11/2016 17:13

In the last week..

RTN -13%
GNK -10%
MAB -12%

[essentialinvestor] 30/11/2016 13:20

Not in RTN imran, keep an eye on the share price as a read on the sector
and wider UK consumer confidence, sold GNK.

[philanderer] 30/11/2016 12:27

If RTN can sustain the current 17.4p dividend , that`s a yield now of 5.4%.

I see GNK even managed to increase their interim this morning :-O

[imranawan] 30/11/2016 12:12

Essential Investor did you exit RTN or GNK?

[essentialinvestor] 30/11/2016 11:49

Yes agree, I was out a few mins after the open on GNK, got lucky as
read the statement at just after 7.00am and thought.. FFS.

There are sector headwinds, the market is already well aware of cost inflation
pressures coupled with fragile consumer confidence, what I don't like however
is many in the sector are now sounding increasingly cautious for 2017 and beyond.

The upside is it will ultimately take capacity out as weaker operators suffer.

[imranawan] 30/11/2016 09:46

£GNK issued interim results this am. Worth a read, and they allude to several headwinds in the coming year. These are of course already in the public domain eg. NLW, apprenticeship levy, squeeze on consumer spending but worth reading IMHO.

[philanderer] 30/11/2016 09:08

Getting worse by the day. Looks like the brokers are all being guided down before the update.

N+1 Singer tyoday downgrades from 'buy' to 'hold' and cuts target from 480p to 350p

[essentialinvestor] 28/11/2016 12:31

Talk about dial a cliche, do analysts get paid extra for those!.

Added GNK this AM, may regret that, find out Weds.

There may be some capacity coming out of this sector in 2017 if consumer
spending is crimped, however cost inflation is the main sector headwind going forward.