Whitbread Share Discussion Threads

[philanderer] 09/5/2024 09:58

Deutsche Bank starts Whitbread with 'buy' - price target 4,150 pence


Barclays cuts Whitbread price target to 3,850 (4,250) pence - 'overweight'

[jamose] 09/5/2024 08:19

Thanx Dart

[dartboard1] 08/5/2024 20:11

1bn debt. 700m cash. 3.6bn in property.

[jamose] 08/5/2024 17:56

How much debt is this lot servicing?

[essentialinvestor] 07/5/2024 09:29

The total stand alone restaurants remaining following disposals and conversions will be approx 200.

I mentioned a higher number last week (I had incorrectly counted integrated restaurants in the total).

[essentialinvestor] 06/5/2024 13:22

* integrated restaurants v stand alone.

The breakfast is central to the PI offer, of which WTB is more than aware.

WTB will continue to run a large number of stand alone restaurants, even allowing for conversions and disposals.

[tlobs2] 06/5/2024 12:52

Well in todays email from Premier Inn tell me about the 56 hotels they now have in Germany where you can kick off your city break with kids staying free and eat free. At 30years of age I don't think my youngest daughter would qualify, or come with us :-)

I have been on a few Germany City breaks and I'd certainly take a look at them now if we decided to go again. Well done to them.

[verulamium] 06/5/2024 09:09

You're right, they're moving away from standalone restaurants open all day to areas within hotels serving breakfast and dinner for hotel patrons. All explained very well with the results, but journalists can't read.

[danb45] 05/5/2024 22:51

presumably breakfast will still be available at all Premier Inn's - or is this article correct ?

[philanderer] 05/5/2024 15:00

My future is bleak: can I go on without the all-you-can-eat unlimited Premier Inn breakfast?

With the chain selling off 126 restaurants, I’m worried. Will I be able to get the bottomless glasses of orange juice I need?

[bountyhunter] 03/5/2024 14:16

Yes Karen Jones PDMR, INDEPENDENT NON-EXECUTIVE DIRECTOR, has just bought shares. Not a huge volume but it goes against any 'signal' from the recent director sale highlighted by Shares mag.

[ianst12345] 03/5/2024 13:36

*close as support not resistance

[ianst12345] 03/5/2024 13:35

NED buys 900x30.04=£27k today 3rd May.Looks like at RSI under 30. Now, want 3000 to support as resistance, please.

[bountyhunter] 03/5/2024 12:32

Agreed, I have very little time for Andrew Bailey who comes across to me as arrogant and slow to react. The other thing that strikes me is the level of disagreement amongst committee members. I know it's not an exact science but common sense doesn't always prevail.

[commuter10] 03/5/2024 12:11

I agree with Bountyhunter about more disposable income but can't see the B.O.E. reducing interest rates until July at the earliest.

[bountyhunter] 03/5/2024 11:31

There should be more money in consumer's pockets going forwards with the NI cuts and interest rates set to fall (ok that hasn't happened just yet but that is the expectation and longer term rates on consumer products are already coming down, even if not by much just yet).

[essentialinvestor] 02/5/2024 22:35

WTB shares can be volatile, as with the last November share price dive and then rapid recovery to the year end.

I would guess disappointment is with the number of restaurants they will be left with, even allowing for conversions and those marked for sale.

In terms of financial prospects for WTB, this is very minor.

My only concern would either be a recession, or something leftfield such as another pandemic - hopefully the later is unlikely.

[bountyhunter] 02/5/2024 21:22

Maybe he's moving to a bigger house or time was running out on exercising those share options. I don't think that one transaction is "an important signal to investors".

[philanderer] 02/5/2024 21:14

Nigel Jones, Group Operations Director at Whitbread PLC, has executed a significant transaction by exercising nil cost options for over 14,000 shares, which were immediately sold for a total of around £450,000. The shares were acquired through the company’s Recruitment and Retention Scheme and Incentive Scheme, reflecting notable insider activity on 1st May 2024 in London. This move could be an important signal to investors about the company’s stock valuation and insider confidence.

[bountyhunter] 02/5/2024 21:06

I couldn't agree more, I'm holding for the same reasons. Share price performance on the LSE is more erratic now than I've ever seen, partly due to the upcoming election I guess but that should have far less of an effect on WTB than the majority of shares, in my view.

[bigbertie1] 02/5/2024 20:54

A few months ago analysts were predicting prices of 4,000p, 4,500p and 4,650p.
Given that WTB have a proven growth strategy, and (as yet) no serious threats I am puzzled by the present price collapse. What has caused such a major divergence?? Continued inflation would increase costs and restrict holiday activity, but it should also lead to more people holidaying in UK. I am holding and expecting a recovery. Press headlines this morning of "Whitbread cuts 1,500 jobs" are misleading - the pubs being sold should take many of their jobs with them, and pubs being converted will result in other jobs being required, and the whole process will last 4 years during which WTB will probably be filling a lot of extra positions. I'm holding - good luck all.

[essentialinvestor] 02/5/2024 19:02

Added a few before the close.

[philanderer] 02/5/2024 18:19

More money leaving the UK market…

Coutts pulls £2bn out of London stock market

[sumday] 02/5/2024 17:41

@GSW. You’re welcome. Here’s hoping for a better share performance.

[philanderer] 02/5/2024 15:45

Under 3000p now. - who’d have thought it 😒