Restaurant Share Discussion Threads

[philanderer] 24/2/2017 10:50

RTN and DOM propping the portfolio up today. Fingers crossed for next week.

edit:

Oops... results on the 8th march :-)

[thevaluehunter] 23/2/2017 13:41

The results are on 8 March. The cinema box office figures are looking pretty good a the moment vs last yr... let's hope they translate into strong sales for RTN.

hxxp://www.bfi.org.uk/education-research/film-industry-statistics-research/weekend-box-office-figures

[adobbing] 23/2/2017 09:04

Nice steady rise ahead of results a week next Wednesday, I get a feeling they will surprise in a positive way!

[philanderer] 21/2/2017 23:13

Ministers expected to soften impact of business rate changes

Communities secretary Sajid Javid likely to join chancellor Philip Hammond in adopting sympathetic tone to businesses after backlash by Conservative MPs

[adobbing] 21/2/2017 09:37

I imagine that the flow of bad news has now stopped and that because the last couple of statements have been a bit "restrained", that the next release will be better than they've led us to expect.

The price movements are simply people realising that these shares are undervalued.

[tjbird] 21/2/2017 09:06

looks like its breaking higher

[gutbuster] 20/2/2017 17:05

Whoa there, easy on the comics man!

[adobbing] 20/2/2017 15:37

So you claim to have invested in RTN on the basis of a bid for a completely unconnected company?
What a bellend!

You should leave the investing to the adults and stick to your sci-fi comics!

[opodio] 17/2/2017 16:18

Ive topped up for a bid

Unilever KRAFT awakens interest in bid stock

[philanderer] 17/2/2017 10:26

Business revolt grows over 'outrageous and unfair' rate change

[philanderer] 16/2/2017 23:38

Britons spend more on food and leisure, less on booze, smoking and drugs

[adobbing] 16/2/2017 12:07

Why are you posting out of date articles from last year?

[rubberbullets] 16/2/2017 11:59

Thursday 19 May 2016 3:27pm
Former Pizza Express owner Cinven weighing takeover of Frankie & Benny's owner Restaurant Group
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James Nickerson
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Cinven is in the early stages of evaluating an approach (Source: Getty)
Frankie & Benny's owner Restaurant Group's share price jumped over six per cent after reports that Cinven is considering a bid for the group.

The former owner of Pizza Express is thought to be considering a takeover bid for the struggling company, which operates Garfunkel's restaurant chain.

Cinven is in the early stages of evaluating an approach, Sky News first reported, adding that TA Associates Management LP are also thinking about bidding.

Restaurant Group hasn't had the best few months, with another profit warning last month and the departure of finance director Stephen Critoph.

Sky reported that it was unclear what level of takeover premium would be large enough to convince the company's big investors to sell, but added one source suggested an offer would have to be pitched above 500p per share to be credible.






YESS!!!!!

[pnetol] 16/2/2017 08:53

That article is from last year!!!

[adobbing] 16/2/2017 08:51

No one likes it, it's old news from 2016 and never happened, so why are you posting it?

[rubberbullets] 16/2/2017 08:38

I like it

Do you

[rubberbullets] 16/2/2017 08:36

It must be CINVEN prowling around. Strike while the iron is hot and BID us 500p i say

[opodio] 16/2/2017 08:19

Interesting gap up. Maybe bid is leaking ?

[thevaluehunter] 14/2/2017 23:19

Also I would have thought the gas price fix to April 2018 mentioned in the interim presentation is looking like a pretty smart decision.

[thevaluehunter] 14/2/2017 14:29

Here's my personal opinion on the share although I might be a bit bias:

On the negative side, Restaurant Group had a soggy statement, with like-for-like revenues exiting the year at a weak -5.9 per cent.

I suspect a large part of this was a lack of [cinema goers (down 13% in Q4)] as the new management team gets to grips with trying to [make sure they get all the credit when the cinema admissions pick up again], particularly in the Frankie & Benny’s brand.

We are clear that there [is a] quick fix here – this is the beginning of what will be an [extremely good year for film releases]. With this in mind, we should also mention that [my] forecasts include [an increase] in the dividend.

[philanderer] 14/2/2017 13:53

14th feb Canaccord buy tp 430p

reiterates