Applegreen Share Discussion Threads

[djderry] 13/9/2018 17:15

Well going by the RNS,the indicative timetable for the equity fundraise and transaction to go through is 'late September',so,realistically speaking,the prospectus would need to be published very soon.

[greenside1] 13/9/2018 11:32

Has anybody heard when Applegreen will re-commence trading?
It would be good to get some of the strategic detail around the takeover as alluded to by djderry sooner rather than later!

[electricplug] 29/8/2018 20:52

Share placing or rights issue, that is the question.

[djderry] 24/8/2018 23:30

The bankers, auditors and lawyers will be doing their work.I intend to take up my rights in the issue of new shares. I want current shareholders to be rewarded by being given a discount, but not an extreme one. If others don't take up their rights, shareholders should get an opportunity to hoover up the rest. It's really important that management take up as much of the 30 million that they've offered. Don't try to reduce it on the back of other's interest. We need lots of colour on the way management will execute the take over. It's a huge step-up in scale. How will they avoid being stretched, particularly with the US acquisition in the third quarter. We need solid, concrete reassurance that they can handle this. How is the Applegreen brand going to fare in the new UK entity? Will elements of Welcome Break be co-branded as Applegreen?Will they, as in Ireland, have their own distribution network? Will the hotels business he hived off or is it integral to the Welcome Break portfolio? I have many other questions but, overall, I agree with the rationale for the move. In one fell swoop Applegreen becomes a major player. As always, execution and detail will be key.

[electricplug] 22/8/2018 20:02

For the uninitiated Applegreen was suspended from trading on August 2nd due to a reverse takeover with the UK forecourt and hotel group Welcome Break. trading will recommence sometime in September. Huge opportunity.

[djderry] 02/8/2018 07:48

After the suspension, of course!

[djderry] 02/8/2018 07:41

Crikey!Let's make petrol retailing and food to go great again! This, as they say, is a game-changer! I may post a detailed analysis later but, for now, watch this baby go!

[djderry] 14/6/2018 20:46

Specifically, I have questions around how they are getting the Applegreen DNA into the US portfolio,in particular the Brandi acquisition. As far as I understand, the Pittstop name is still in use, there have been no personnel changes and so I wonder how it's being integrated. I hope to contact investor relations to get a better idea as to how this is developing.

[djderry] 08/6/2018 05:53

Obviously, there needs to be huge management focus on integration and 'digestion' of the stations. I'd like to have been there to ask management how they are coping with the huge increase in the estate.

[djderry] 07/6/2018 20:33

Wondering if anyone was at the AGM at the Herbert Park Hotel to get a sense of the atmosphere? (I'd say I'll be waiting!)

[davr0s] 06/6/2018 20:27

Just used to reading between the lines - just compare it to the last AGM statement. Anyhow I trade shares and don't fall in love with any of my holdings

[djderry] 06/6/2018 15:31

Oh ye of little faith. Added several thousand more shares today. Very happy with statement. Yes, there was snow and nobody went out for a week. Margins have taken a hit as Applegreen compete on price as a way to get customers in the door, they are always the cheapest guys around, even if it's by. 01cent a litre. But that misses the point, they are really food/convenience retailers who make a little on petrol. Having added 99 sites last year (25%),they've indicated another 70 (both owned and, mostly, leased) so far this year. A thing of beauty.

[davr0s] 06/6/2018 08:27

What a wishy washy statement - if I were a cynic written to be highly confusing. Anyhow I'm out - took 20minutes for my stop order to execute lol

[djderry] 06/5/2018 15:54

Obviously, last year was spectacular in terms of growth. This year, I hope they focus on integrating and developing and branding the sites which they have acquired. One of the dangers would be to overstretch themselves from a management perspective. Give me a company that can make steady progress, say 8 to 10% through acquisitions and like for like trading. If Applegreen can manage to do that over the next decade we'll all be millionaires! (That is, if one is not already).

[djderry] 28/3/2018 16:46

With net debt almost halved in the year!!!

[djderry] 28/3/2018 16:44

Revenue up 21%,gross profit up 25%,!!

[djderry] 28/3/2018 16:42

Pedestrian? I suggest you look at their results,like for like and adding almost 25% to their estate,99 sites!

[pireric] 13/3/2018 21:01

Perhapso. Question is how to square it against valuation. Looks expensive for pedestrian growth

[djderry] 13/3/2018 07:43

This is one of my ' big four',very impressive final results.

[djderry] 02/3/2018 16:44

I've sold another bond fund and invested the proceeds here.I only hope that their slogan,'Lower prices,always',does not apply to their share price in the future!

[djderry] 12/1/2018 20:34

In general,I'm cautious on retails stocks,after all ,the public are a fickle bunch (ask any Roman Emperor).However,I'm continuing to build a position here.

[djderry] 03/1/2018 00:20

Starting to invest here.

[djderry] 07/11/2017 12:11

Perhaps one shouldn't pay too much attention to the brokers's reports,after all they are in the business of getting customers to buy and sell shares,but Applegreen have been added to Davy's Buy Conviction List.

[wexboy] 02/6/2017 16:36

Applegreen – Just Grab & Go!

And yes, with the blog turning six this year & a tsunami of retail apocalypse headlines recently, it’s ironic I’m only now posting my first retail investment thesis ever! But rest assured, this isn’t some soggy chewed-up cigar butt. Nor some story stock priced & pitched for perfection. Though, almost inevitably, the retail sector only seems to come in those two flavours nowadays… Whereas Applegreen plc (APGN:ID, APGN:LN) is that rarest of beasts:

A bona fide long-term retail growth story trading for a value price.

And since it’s a retailer, first let’s focus on Applegreen’s story – its history, its people, its offering, its prospects – we’ll home in on the numbers later. If you’re a story person, I hope you enjoy the videos along the way. As for the numbers people…I definitely encourage you to circle back & watch ’em later! Let’s begin:

Applegreen is a major Irish petrol forecourt* retailer, with a significant & growing presence in the UK, and an emerging footprint in the US Northeast. [*As the Irish would say, a fillin’ station. To translate: A gas station, gasoline stand, gasbar, petrol station, petrol garage, petrol pump, service station, servo, etc….selling petrol, gas, or gasoline (& diesel)]. Bob Etchingham (CEO) founded the business as (Petrogas) in 1992, after working at Esso for 10 years, and was joined a year later by Joe Barrett (COO) (ex-Tesco & John West Foods). They’ve been described as ‘chalk & cheese’, and it’s obvious they play to their respective strengths & personalities in their roles. Growth was gradual at first, but from the outset management focused on developing its retail proposition & establishing a quality food offering. Which led to the launch of the Applegreen brand in 2005, heralding a distinctive retail-led proposition for customers built on a ‘Low Fuel Prices, Always’ price promise, ‘Better Value Always’ convenience shopping, and high quality own brand/international food & beverage offerings.....

.....for the complete Applegreen investment thesis, videos, links, tables/graphs, etc. visit the Wexboy investment blog.

Cheers,

Wexboy

[ellemaitch] 24/7/2016 14:59

Blue , it all depends on their supply agreements . They use Greenergy for many of their sites but also other distributors like Valero . The UK model seems strange selling fuel extremely cheap but shop pricing quite inhibitive . Footfall rising but ultimately , customer shop basket spend not complimenting and there lies the issue . They have taken a few sites over with very little capital expenditure being made and have seemed to use a type of "sub brand fascia" that is not easily identifiable at roadside without the APPLEGREENS logo on . To be honest , it looks like a poorly imaged independant site . I know they are looking to increase their site-bank and believe they will develop them in the next 12/18 months - but have they missed the customer capture opportunity already ?