Carluccio's Share Discussion Threads

[blued] 05/11/2007 18:39

Must admit I haven't been to the original venue.

I think the concept of cafe/restaurant and shop is good as it should maximise the return from the space and agree that the name is a great asset. On the plus side on Sunday I thought the product range and quality looked pretty good and the staff were helpful and friendly

I just have a bit of a reservation about the layout. It wasn't entirely comfortable shopping right next to people trying to enjoy their food at a table and I imagine they felt the same! Also it wasn't obvious what you could buy as the things were spread out a bit - perhaps it was just me though.

Anyway the shop was busy and if they keep with their present strategy of steady roll out of the concept in prime locations I will be happy. Completely agree that they have to protest their image and must be careful not to let standards slip as they grow.

[spaceparallax] 05/11/2007 13:01

BlueD,

Thanks for the feedback from the sharp end. Do you think that they're maintaining the high standards established at the original venue? The name is to me our golden goose that must be preserved at all costs.

[blued] 04/11/2007 18:35

Visited Stratford earlier today. It was good to see the new Carluccios had opened earlier this week and was very busy at 11 this morning. The assistant told me they had been very busy all week.

Great location right by the RSC, should be even better when the theatre complex is redeveloped in a couple of years. Lots of tourists and theatregoers throughout the year. I managed to spend a quick £50 - it seems more like an investment than spending when you are a shareholder!

Happy with this business. Seems well run, steady expansion in some good locations. In an expanding market with their name giving them an advantage.

[spaceparallax] 02/11/2007 16:50

Grabbed a few more at close - I look forward to seeing solid business leading upto Xmas. Carluccios quality will shine through.

[eoc74] 22/10/2007 18:21

Looks like a Head and Shoulders forming. I used to hold here and I think its a great company. If that H&S is confirmed it might open the door for some bargains. Would have to close lower than this though to confirm it.

[spaceparallax] 22/10/2007 12:57

Can't figure out what's happening with the share price - any ideas?

[spaceparallax] 03/10/2007 09:35

Good, positive TS.

[ronmikeh] 16/9/2007 20:36

No debt,high cash flow,self financing expansion,high ROCE,experience management,high customer flow,what an investment.

[cher price] 16/9/2007 14:33

An article from the Sun:


"TURN the gas off Gordon Ramsay and put Marco Pierre White on ice - they had nothing on the world's first celebrity chef Bartolomeo Scappi.

The Italian cuisine king is credited with laying the foundations of the country's modern dishes during the Renaisance - writing one of the first ever cookery books after serving as Pope Pius V's personal chef.

Now Scappi's story is to be aired on BBC2 this autumn thanks to chef and writer Antonio Carluccio.

The well-known food guru will front a series called Carluccio And The Renaissance Cookbook where he will travel around Italy cooking Scappi's recipes..."

[silverfern] 28/7/2007 09:57

All restaurants are being pulled back - Prezzo, Clapham House included. I think they were priced for ongoing demand and growth, which may materialise, but given the general sentiment on the impact of interest rates, that's not the prevailing views. What would be fair value then? I dunno : )

[spaceparallax] 27/7/2007 10:04

We appear to be suffering just like everyone else over the last couple of days.

[rnicolson] 14/7/2007 15:16

On Friday I noticed the site for the new Carluccio's which is opening in Covent Garden in London next month. It is in a superb location... on the corner of Garrick Street and King Street, next door to the Lamb & Flag pub. It is an area which attracts a very high footfall, both day and night. As a shareholder, I am delighted that Carluccio's are able to obtain these prime urban sites.

[cher price] 10/7/2007 10:00

July 9 (Bloomberg) -- Chefs planning a charity picnic in London this month may be glad of one thing. It's indoors.

If Wimbledon can't cope with rain, how could a picnic? Bryn Williams of Odette's, Hari Nagaraj of Cinnamon Club and Jennifer McLaughlin of Carluccio's are among those who have agreed to prepare gourmet fare at Embassy London, on July 22.

[cher price] 25/6/2007 10:06

Carluccio's wins picnic test...

[quepassa] 04/6/2007 15:00

There was an article in The Guardian on Friday:-

Marianne Barriaux
Friday June 1, 2007
The Guardian


Richard Caring, the millionaire owner of celebrity haunt The Ivy, has sold off his Strada pizza chain for £140m, less than a month after buying a 3% stake in Carluccio's. The move has prompted speculation that he could launch a bid for the Aim-listed Italian restaurant chain.



Go to their web-site for rest of article.




More importantly, Richard Caring's stake in Carluccio's has now breached the 6% mark.

[quepassa] 04/6/2007 08:41

I have been actively looking for info on this in the recent press but have not seen anything.

Several very significant movements in share-holdings in last week. See the recent RNS items listed above on this page.

Especially, after close at 6.30pm on Friday evening 1st June , an RNS came through saying that the Sienna Group had sold an additional 500,000 shares at 220p.

The shares this morning opened at a 9p premium to this 220p at 229p. -Resaturant chains, coffee bar chains, Whitbread expansion plans( Costa)are all very much to the forefront at the moment.

At the minimum, I think that there is significant stake-building going on in Carluccio's. Given the growing Brand awareness, the enfranchisability of Carluccio's product, the differentiation of their offering on the high-street ( coffee bar, plus food plus food sales ) leads me to believe that Carluccio's will be an attractive take-over target in the new future.

All IMO. DYOR.

[ronmikeh] 04/6/2007 08:17

Has this been tipped over the weekend?

[spaceparallax] 01/6/2007 13:55

Nice healthy trend.

[quepassa] 31/5/2007 16:33

Lehmann bros now own 7%.

When they get involved, it is frequently a sign of further activity in the shares of a company.

[silverfern] 31/5/2007 14:09

I don't hold at present but I take the director sell as very postive- why? because he disposed of 1/2 million at the market price. I will buy back in any weakness

[spaceparallax] 18/5/2007 12:12

Looking good.

[nectarios] 16/5/2007 11:13

WHAT'S COOKING? Carluccio's plans expansion


Carluccio's to open in first airport site

[spaceparallax] 16/5/2007 09:22

Cheers Nect.

[nectarios] 16/5/2007 08:00

Carluccio's

Our view: Hold

Share price: 195p

Antonio Carluccio may no longer have much role in the day-to-day running of the eaterie that bears his name, but the brand continues to expand and produce encouraging results.

Most of its venues are located in or around London and cater for affluent professionals looking for something a little different to the average pizza parlour. Opening hours also give the group an advantage over its rivals, with its restaurants generally serving 8am until 11pm, meaning that in certain venues Carluccio's is full most of the day.

Each venue in the 30-strong chain also boasts a delicatessen selling upmarket specialities, for example, olive oil at £20 a bottle, boosting revenues. But even for City types, it is probably a place for gift-buying rather than the weekly family shop.

Adjusted half-year pre-tax profits jumped 28 per cent to £2.5m on a 20 per cent hike in turnover to £25.9m and a maiden dividend of 0.6p a share is to be paid in June. Six new locations were opened during the first half and there is plenty of scope to expand the group outside London.

Carluccio's remains a strong brand with good potential, and private equity has shown plenty of interest in restaurant assets. However, the roll-out of new sites is not happening as quickly as the City wants and investors should question whether the stock still deserves to trade at a premium to its peers. The shares have performed strongly since coming to the market but have lost some momentum and for now the upside looks priced in. Hold.

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