Cake Box Share Discussion Threads

[tongostl] 12/2/2019 17:45

Don't forget Cakebox's outstanding ratios:
ROCE 50%+,
ROE 50%+
ROA 30%+

Truly outstanding. CBOX is on my '100 bagger list' for the long term.

[discodave4] 11/2/2019 16:36

No probs sab.Opodio is a troll so shouldn't take any notice of what it posts.DD

[s_a_b] 11/2/2019 06:51

Cheers DD. Wouldn't be ADVFN without one or two turning up!

[discodave4] 10/2/2019 13:53

s_a_bWouldn't hold your breath. Have filtered opodio in the past as it's a well known deramper/troll.

[discodave4] 10/2/2019 12:28

OpodioPost up a link please to prove your statements about LFL -20%.You have been asked a couple of times now so will await your confirmation, if not will report to FCA.ThanksDD

[nitbhav06] 10/2/2019 10:55

Thanks Sab, my only nervousness with the business model is that all revenues are coming from the UK. Would be good to have international exposure and I'm sure that will come in a few years. We'll post excellent numbers in H2, that I'm confident of.

[s_a_b] 10/2/2019 10:18

N, for what it's worth Dominos UK have over 1000 stores and plan to open more (albeit they have had some issues recently). As such 250 cake shops sounds perfectly OK to me but time will tell. Will be keeping an eye on LFL sales for any issues but they have been increasing so far as posted on here

[opodio] 10/2/2019 09:45

yes there is room for a store in Abergavenny with a population of 1000

lol


like for like -20pc is a worry for sure

[martywidget] 10/2/2019 09:19

"Looking ahead, we are confident that we have all the ingredients to continue to grow our franchise estate to 250 stores and further expand our slice of the sizeable UK cake market, with a unique customer proposition and no direct national competitor for egg-free, fresh cream, personalised cakes.”

[nitbhav06] 10/2/2019 06:29

Sab/Tong,Do you think we're close to saturation in terms of the number of stores? My nervousness is that new stores could canabilise sales for existing stores, which isn't really good for us. I can't wait for us to expand into new territories. Imagine if we had shops in Mumbai, USA and so forth. Sukh needs to start thinking about these things as they'll soon realise 250 stores is way too much.

[s_a_b] 09/2/2019 22:58

Pod, who is the broker? Wasn't aware that any coverage out there yet. Let me know and will have a read. Cheers, SAB

[tongostl] 09/2/2019 22:37

H1 lfl sales up 9%, that's 13.4% yoy. Good luck with your broker notes.

[tongostl] 09/2/2019 22:32

Yeah coz broker notes are always accurate.....read the interims my friend, lfl sales up 4.4%, not this "made up -20% brokers note"

[opodio] 09/2/2019 20:23

nice made up number 4%, broker note says -20% on stores less than 3 years old from memory

[tongostl] 09/2/2019 19:45

Like for like sales are up 4+%, couple that with many many many more stores opening and BOOM! You have yourself a cash cow.

[davr0s] 09/2/2019 16:42

Its earnings that matter - as the saying goes "revenue is vanity profit is sanity"

[opodio] 09/2/2019 14:41

like for like sales negative - why they dont like to mention it

[tongostl] 09/2/2019 13:47

112 stores now

[nitbhav06] 09/2/2019 10:38

San any new updates on Cbox?

[discodave4] 25/1/2019 14:59

Thanks S_a_b

[s_a_b] 25/1/2019 12:16

Nice write up on Cube Investments this week:https://cube.investments/cake-box-cbox-a-slice-of-franchise-growth/

[nitbhav06] 08/1/2019 17:37

Thanks Sab, let's see how many they can open by year end. It will take a while to get to the 250 stores, but when they do, they'll be very profitable.

[s_a_b] 08/1/2019 09:21

Morning all. The store locator on the website now shows 105 stores open and a further 5 opening soon. If they can get them all open by 31 March then they will have opened two stores per month in FY19, up from 86 at March 2018, and in line with their target. Looks promising - for me the two big value drivers here are LFL sales and new store openings.

[davr0s] 02/1/2019 18:39

Lol - you still on the sherry?