Carluccio's Share Discussion Threads

[spaceparallax] 17/9/2008 15:24

Credit Suisse appear to be hoovering quite a few of Lehman's share holdings.

[spaceparallax] 15/9/2008 13:59

Indeed; very important IMHO not to miss such big occasions.

[lomax99] 15/9/2008 13:51

Let's hope they manage to get their store at the new Cabot Circus shopping development in Bristol ready for the general opening on September 25th.

[spaceparallax] 15/9/2008 12:00

Sp creeping worryingly close to the 100p mark - I'm aware of no specific reasons for it except general malaise in the Market. Next TS will be interesting.

[spaceparallax] 05/9/2008 15:06

No ideas, but as you say, a great opportunity missed.

[blued] 05/9/2008 07:55

A quiet board!

Just an observation that a major new shopping centre opened yesterday in Leicester. Planned for years this features a large John Lewis, many other shops and several restaurants - Wagamamas, Yo Sushi etc. - and Carluccios.

The opening was a big event and apparently heaving with people, restaurants were packed. For some unknown reason though Carluccios was not open with all the others, I'm told that a notice explains it will open at the end of this month. I'm sure there must be a good reason but it seems unfortunate to miss out on what is bound to be a very busy time for the next few weeks.

Can't think why they would plan to open later - anyone have any ideas?

[spaceparallax] 21/7/2008 12:21

It would be interesting to know of Blackrock's long term intentions; presumably their significant reduction was the cause of the recent sharp dip.

[spaceparallax] 17/7/2008 20:42

Looking better.

[spaceparallax] 09/7/2008 13:49

A little flurry of buys this morning, encouraging the share price Anyone aware of positive news that might have caused this?

[u813061] 08/7/2008 08:52

Well at least they have cash on the balance sheet and their opening programme is within their limits (unlike Clapham House). Still, I would not be buying in the present climate.

[spaceparallax] 03/7/2008 16:13

Phil,

The way that the Mkts are at the moment, anything's possible in the short term.

[phil2003] 03/7/2008 15:21

ding ding.. next stop 97p

[spaceparallax] 02/7/2008 13:01

Big dip this morning - looks like a sell order being filled.

[phil2003] 13/6/2008 19:37

Space, which restuarant to return to ??... well now that Mirabelle's closed for a much needed refurb, frankly - I think I'll stay in..

fair enough if youre 5-10 years timeframe, i don't have that kind patience and only invest in original owner / undervalued companies / in the right cyclical market (that are trending in the right direction) also i haven't averaged down for almost 4 years now..

I have no position here so certainly no nerves, carl's spread is prohibative & too static to short imho vs commodities / the usual futures (however this is the kind of company I study 9-5)

I can totally understand why you'd assume I'm short by reading my posts.. however it's just an alternative (bear) veiw that's all (and mines backed by the charts, surely? especially today - remember i popped up from nowhere and posted two hours before a further 6% slump, taking us to -7.7% down in 1 day)

anyhoo.. fingers crossed for you that enough buyers come in & £1.20 holds, it's a long way down... foodwise - i don't disagree, it's an OK restuarant, just not a great business model in today's markets, think you're following your heart (or mouth) with this rather than how the the P&L figures stack up.

I'll have another look in September.
best of luck.

[spaceparallax] 13/6/2008 15:20

We're certainly seeing an uncharacteristically large share price dip today, although so far I see few declared trades albeit virtually all sells - stop losses presumably.

[spaceparallax] 13/6/2008 14:18

Phil,

Indeed it doesn't, but it is hard evidence of that particular outlet thriving. I can understand your fears with the difficult times we're entering and there will be casualties. However ask yourself which of the restaurants you'll return to when choosing to eat out as many will continue to do - surely it'll be the one at which you enjoyed a good meal in nice surroundings at a fair price. I suspect from your obvious nerves that you're looking shorter term rather than the 5 to 10 year interest that I'm considering.

Each to their own. I'm happy to be very patient.

[phil2003] 13/6/2008 13:51

spaceparallax,
1 new unit does not a thriving business model make (in hard economic times)
topping up... you mean averaging down surely ?

[spaceparallax] 13/6/2008 12:49

Amid the share price turmoil I bring good news. Just received a call from Mrs Parallax who was at that very moment dining out at the smart new Cambridge Carluccio's. She has previously used the Westbourne Grove venue and was bubbling with enthusiasm at the extremely nice Cambs unit, which was reportedly very busy but nevertheless serving the trademark excellent food at very reasonable prices. Delicious clam linguine C£8 and calzone for friend C£3.

I have long maintained that so long as Carl can sustain their excellent standards and fair pricing policy, they will continue to succeed and be able to weather the economic cycles.

Intend topping up later today.

[phil2003] 13/6/2008 11:44

"reporting a 19 per cent uplift in sales over the first half of the current year. There are no figures for like-for-like sales"

ahem... to be more excact "reported a 19% uplift in turnover in the 16 weeks upto January 13th but declined to submit annual L4L sales comparisons - so a relative turnover uplift in the 3 months leading up to Christmas - yup"

sweet jeezo, no like 4 like.. despite it's lack of clarity vs L4L annual profit the city doesn't like this ommision, just ask any fundie their thoughts on this and also the effect of prime location (property overheads) on competative retail (food) prices (higher turnover vs> squeezed margins) in a rising commodity market.. whoopsie, actually, don't ask anyone just check those there charts.

In light of the current consumer spending clampdown, I strongly suspect £1.20 will break in the next 2 months.. ask the everyday bloke in the street if they're feeling flush ?!?!

"Oh i know.. fancy a nice bite to eat at Carluccios dear?"
"yes but i think it's better we cover the electric, grocery & petrol bills dear

[spaceparallax] 12/6/2008 14:26

Anyone able to provide insitu feedback on the Carl venues?

[spaceparallax] 03/6/2008 14:50

Surprised that we're falling thru the 140p level - Mkt caution understandable, but the Carl product is reportedly holding up well.

[spaceparallax] 27/5/2008 10:11

Looks like we could be heading back to the 140p level - shame, but no doubt it'll come good in time.

[spaceparallax] 14/5/2008 11:37

It looks as if Panmure and Dresdner are less positive, choosing to hold target @ 170p and downgrade target to 150p resp.

Interesting to see how the Mkt responds.

[spaceparallax] 13/5/2008 09:26

Interims look good again - solid growth and measured expansion. If sector trading does tighten, Carluccio's are likely to fare better than most providing that their value and quality are maintained.