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Share Name Share Symbol Market Type Share ISIN Share Description
City Pub Group Plc (the) LSE:CPC London Ordinary Share GB00BYWRS683 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -1.72% 57.00 55.00 59.00 58.00 56.50 58.00 103,253 15:27:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Beverages 35.4 -3.1 -2.8 - 60

City Pub Share Discussion Threads

Showing 301 to 324 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
21/9/2022
14:03
darrinI think the eps of 0.07p is the statutory number. Not too certain though but their headline was that adjusted pbt was £1.3m (zero tax), which gives an eps 1.2p.For 2017 & 2018 H2 was +55% to H1, in 2019 it was +2.2x. Taking the 2019 data that's a possible 3.8p eps for the year best case. So on PE of 15x which seems a tad high to me but looks like they could at a stretch beat consensus of 3.46p (Chronic Investor!) providing H2 is on a par with 2019 (have also seen a consensus of 4.4p eps though). Guess a potential beat explains the price action combined with the buyback news - strange decision and IMO I would say it's more likely that they won't achieve consensus forecasts.
disc0dave45
21/9/2022
12:24
I still see CPC as undervalued compared to the pub estate valued at £150m but I was very unimpressed with the H1 update. I bought quite a few over the last 3 trading days and sold them all this morning except the 6% profit which I have kept as "free shares". I consider myself very fortunate that the shares went up on H1 results. The only thing that kept them up was their NAV and the 40% fall since June. LFL May 22 was +5% on 2019 (AGM update). No mention of LFL in H2, so I have to assume that news is not positive. Net debt today is £5.5m up from £1.8m in June 22. Where are the profits? H1 eps 0.07p (£0.0007). 4.57p is what the analysts have down for the full year. I will need to look back at previous years to see what H1/H2 split is. CPC own £150m of pub property, so they pay no rent but make no profit. If they had to rent them or were mortgaged, they would be making a significant loss. If you rented out the pubs and got a 5% return you would earn 7.25p per share "The Nest" development in Bath which in June they said was opening in August is now due to open in October H1 results were lacking in numbers and specifics. No breakdown of increasing costs. Wages, supplies and energy. I think all pubs will have a good November/December due to the World Cup and a Omicron free Christmas but rising interest rates are going to bite in 2023 and beyond for the CPC customer.
darrin1471
21/9/2022
08:21
Buy back makes sense at current low share price. Pub estate valued at £150m and market cap currently £60m (£55m yesterday) £3m buyback on £60m is equivalent to a 5% dividend.
darrin1471
21/9/2022
07:07
Share buy back £3 million over 12 months. No dividend.
oapknob1
16/9/2022
10:39
Record monthly volume: free stock charts from uk.advfn.com
simon gordon
15/9/2022
11:13
Interim results on Wednesday, 21 September 2022. I have been wanting to buy before the results but the seller has kept me on the side-lines for the last couple of weeks. Taken the plunge today and will buy again Friday and Tuesday to average. Weather has been good, so a little concerned that the pub portfolio may not have fully benefitted from outside trade during the summer. CPC first to report, so it may be a turning point for pubs in general. Directors were buying decent amounts at around double the current price in April/May/June
darrin1471
15/9/2022
11:12
Lindowcross. Strongly agree that CPC target market is less likely to be effected by energy costs that are only just filtering through to direct debits. For me this is mainly a 6 month trade culminating in boom November/December trade vs 2021 which was affected by Omicron and in anticipation of additional world cup sales. IMO interest rates continue to rise in H1 23 without any fall in 23. Higher renewed fixed rate mortgages will hit CPC customers harder than energy prices and that will hurt for 2 years minimum.
darrin1471
14/9/2022
18:24
678,656 @50p went through at 12:29 Bid 53p offer 56p Trade did not show on ADVFN trades until after 16:30 Similar thing has been happening for the last few weeks 128,370 @ 50p on 02/09/2022 at 16:42
darrin1471
14/9/2022
14:37
Trades have looked a little abnormal the last couple of weeks. Large trades above 100k often reported late and below bid price ? Strong seller matched with a buyer who naturally wants to pay a lower price?
darrin1471
08/9/2022
13:38
Probably a bottom of sorts being put in here with gov support for business and consumers. Gas prices are falling, oil is down, inflation will steady later this year imo
smackeraim
06/9/2022
17:44
Maybe but just looks like another dead cat bounce in an ever increasingly bad bear market, these two months could be very rocky, hope to add a few more if we see new lows, a move back to 70-80p is possible if we don’t revisit the S&P June lows imo
ny boy
06/9/2022
15:18
Bounce across consumer discretionary stocks due to expectation of Truss spending on energy cap that will leave more money for consumers to spend
darrin1471
06/9/2022
14:49
Bit of a bounce today for no obvious reason. Results must be 2 weeks off, I can't find a date. I note that the optimism about those director buys in April and May was followed by about a 50% share price fall. So they are not useful predictors...
wad collector
06/9/2022
11:21
Hopefully the start of a decent recovery! Took a few Virgin Wines (VINO) @ 50p for longer term recovery, let’s see what Auntie Lizzie has to say about tackling rising energy costs etc. dyor as usual
ny boy
05/9/2022
09:53
I bought in on the pull back in April, thought that was good value and now looks even more rewarding if you take a longer term perspective. Challenging markets indeed but also some selective opportunities dyor as usual.
ny boy
04/8/2022
13:34
Positive market reaction to April results was in contrast to the wider pub sector which has been falling for the past year. Looks to me like CPC is just catching up on the sector falls. Not holding at the moment. Waiting for markets next leg down before buying into the sector. Expecting bumper YoY Christmas trading for the sector without covid and the world cup starting in November.
darrin1471
04/8/2022
12:30
Read the BoE statement. apad
apad
04/8/2022
12:14
Why the continued fall?
qs99
09/6/2022
17:00
Confirmation of dividend resumption in the September interim results will be the real catalyst, on top of the refurbs completing and pubs reopening generating additional income.
oapknob1
09/6/2022
14:22
Hmmm, the new opening in Bury sounded wrong as all CPC places are in the southern half of the UK. Turns out it's Bury St Edmunds in Suffolk.
w13ken
09/6/2022
12:04
Citywire today: "City Pub Group is at a ‘material discount’, says Peel Hunt City Pub Group (CPC) is seeing an improvement in trading and ongoing expansion could be an accelerator for the shares, says Peel Hunt. Analyst Douglas Jack retained his ‘buy’ recommendation and target price of 145p on the stock, which closed up 3.2% at 96.5p on Wednesday. The company reported an improvement in like-for-like sales from -2% in March and April to 5% in May, ahead of expectations. Sales were up 20% during the one-off Platinum Jubilee weekend. ‘The shares are at a material discount to the 145p share net asset value (NAV),’ said Jack. ‘In our view, the key to growing the NAV and the share price is faster expansion. City Pub Group has four large openings in 2022, of which Damson & Wilde in Bury could be one to provide the catalyst for the company to hit the accelerator.’"
w13ken
28/5/2022
09:02
More good photos and publicity for The Tivoli in another Cambridge newspaper. Hopefully people will behave themselves and this will be a great money-spinner. It's certainly a different direction to their other pubs. hTTps://www.cambridgeindependent.co.uk/news/fun-and-lots-of-games-as-cambridge-pub-the-tivoli-reopens-it-9256244/
w13ken
27/5/2022
08:20
The Tivoli in Cambridge opened on Wednesday after an extensive refurbishment. Looks interesting and should prove to be popular. hTTps://www.cambridge-news.co.uk/news/cambridge-news/gallery/tivoli-cambridge-pub-reopening-revamp-24007504 hTTps://www.cambridge-news.co.uk/whats-on/food-drink-news/the-tivoli-pub-relaunch-review-24068208
w13ken
26/5/2022
20:20
Deutsche Bank raises Marston's to 'hold' (sell) - price target 60 (65) pence...
novision
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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