Spirit Pub Share Discussion Threads

[jonc] 02/5/2012 09:10

Bit of consolidation after the results.

Now looking firmer.

[battlebus2] 27/4/2012 10:48

Your absolutely right JonC the quieter the better.

[jonc] 27/4/2012 10:31

Christabel,

The less active a board the higher the share price ends up. I don't want a thread full of rampy idiots.

I am holding for probably a five year term.

[battlebus2] 27/4/2012 10:02

As a shareholder i've got to say they are all fabulous! The food, the service,the staff the atmosphere and last but not least the beer lol. The shares are certainly a good long term buy.

[christabel2] 27/4/2012 09:52

Wish this bulletin board was more active.
I believe shares are a good buy.
Our local Fayre and Square Pub is a goldmine. Brilliant food, excellent real ale and great staff. I go there all the time and eat there at least twice a week with our family. Thats why I bought the shares
Any comments on the other Spirit Pubs.

[battlebus2] 18/4/2012 09:06

Pre-tax profit up 7% for Spirit Pub Company
18 April 2012 | - The Spirit Pub Company reports profit before tax up 7% to £20m (2011 - £18m) for the 28 weeks to 3 March 2012.

The company also revealed EBITDA up 3% to £70m (2011 - £68m) and earnings per share up 12% at 2.2p (2011 - 2.0p).

There was a net cash outflow of £60m, driven by front-loaded capital expenditure, seasonal trading profile and timing of supplier payments

Nominal value of net debt at the period end was £756m, with net debt to EBITDA ratio of 5.3 times

The managed business saw like for like sales up 5.6%, continuing to out-perform the market.

EBITDA1 was up 10% at £49m; EBITDAR1 margin up 140 basis points

The leased business saw like for like net income down 4.5% and EBITDA of £21m (2011 - £23m).

Mike Tye, Chief Executive Officer, commented:"Spirit continues to make good progress in transforming and revitalising the business. We have delivered further strong growth in Managed sales and margins through continued investment in our brands, our estate and our people supported by strong cost control.

"The Leased business has performed in line with our expectations and we have built a strong management team to drive performance improvement. Today we have also announced our first dividend payment as a listed company and, while we are mindful of the ongoing economic uncertainty and consumer pressures, we remain on track to deliver our full year expectations."

[battlebus2] 18/4/2012 07:38

I'd say going strong given conditions and an interim dividend of 0.65p very pleased indeed.

[jonc] 18/4/2012 07:23

All going to plan.

[battlebus2] 17/4/2012 09:12

Going up pre results tomorrow maybe back to 60p +

[battlebus2] 16/4/2012 18:02

A 4.2 million trade after the bell augers well.

[battlebus2] 13/4/2012 11:44

I agree SPRT seem to be doing much much better.

[jonc] 13/4/2012 11:09

A reflection of Punches results yesterday.

However I expect SPRTs results to be considerably more positive than PUBs.

[battlebus2] 13/4/2012 09:22

Bit of a pull back at the minute hopefully results on Wednesday will steady the ship.

[battlebus2] 03/4/2012 20:14

Results on the 18th should be interesting. New appointments SPIRIT PUB COMPANY STRENGTHENS SENIOR MANAGEMENT TEAM
02/04/2012
Spirit Pub Company has further strengthened its senior management with two high profile appointments.
Debbie Moore, 49, has been appointed as HR Director and will look to shape and develop Spirit's employee engagement programme and external recruitment profile. She has a strong HR background having come from the Post Office where she held the position of HR Director since 2007 and prior to that Hays plc and Dixons Group.
Debbie said: "I am delighted to be joining Spirit Pub Company at such an exciting time in its evolution. It's a young, dynamic organisation working in a fast paced sector and I have been impressed by the enthusiasm and positive vibe that you get from the Spirit team whether they are in our pubs or at our Burton-based support centre."
Also joining Spirit to head up its leased business is Chris Welham, 41. Prior to joining Spirit, Chris was Operations Director at Greene King Pub Partners. In his role as Managing Director of Spirit Leased, Chris will be looking to develop a long-term strategy for the high quality leased pub estate.
He said: "I have been struck by the energy at Spirit and really like the can-do culture that comes with being part of a new business. I will be focusing on putting the foundations in place on which we can build a strong and successful leased business that is not only profitable for us but vitally, our partners too."
Spirit's CEO Mike Tye added: "I am delighted to have Debbie and Chris join our senior management team. They are both high calibre individuals who have a wealth of experience that will be of great value to Spirit as we take the business forward and look to realise our ambition of being the best pub company in the UK."

[jonc] 29/3/2012 11:17

Thanks for the info yesterday bb.

[battlebus2] 29/3/2012 11:17

Strong trading on a bad day :))

[nurdin] 28/3/2012 19:05

cheers battlebus..I agree

[battlebus2] 28/3/2012 18:27

Broker Forecasts - Spirit Pub Company PLC (LSE:SPRT)

Detailed Broker Forecasts
2012 2013
Broker Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Consensus 53.10 6.01 1.86 58.46 6.67 2.11
1 Month Change 0.27 0.07 -0.03 -0.85 -0.08 -0.06
3 Month Change 0.25 0.07 -0.03 -0.95 -0.09 -0.06
Panmure Gordon 18/11/11 HOLD 53.30 5.98 1.97 57.60 6.55 2.16
Shore Capital 02/03/12 BUY 54.00 6.10 1.50 58.50 6.60 1.80
Peel Hunt 14/03/12 BUY 52.30 5.98 1.99 57.18 6.58 2.19
Numis Securities Ltd 15/03/12 BUY 53.10 6.00 2.01 60.30 6.90 2.31
Execution Noble 22/09/11 NEUT 45.20 5.00 1.70
Growth Forecasts
2011 (A) 2012 (E) 2013 (E)
(A) = Actual or achieved result
(E) = Estimate or forecast
Normal Earnings per Share (EPS) % 10.92
Dividend per Share (DPS) % 13.60
Investment Ratios
2011 (A) 2012 (E) 2013 (E)
(A) = Actual or achieved result
(E) = Estimate or forecast
EBITDA £m 139.60 145.08 152.44
EBIT £m 104.80 112.00 118.00
Dividend Yield % 3.06 3.48
Dividend Cover x 3.23 3.16
Price Earning Ratio (PER) x -7.76 10.11 9.11
PEG f 0.84
Net Asset Value PS p 105.24 140.19 147


Extremely cheap imv.

[battlebus2] 28/3/2012 18:03

As of Mar 26, 2012, the consensus forecast amongst 13 polled investment analysts covering Spirit Pub Co PLC advises that the company will outperform the market.

[nurdin] 28/3/2012 09:53

yup..its a lovely chart.

Would you happen to know what the full year forecasts are here jonc ?

[jonc] 27/3/2012 08:07

Chart looking to break higher.

[nurdin] 15/3/2012 07:36

yup..a very satisfactory trading update !

[jonc] 15/3/2012 07:03

All going in the right direction

[jonc] 14/3/2012 21:42

Thanks for that bb.