City Pub Share Discussion Threads

[apad] 04/8/2022 12:30

Read the BoE statement.
apad

[qs99] 04/8/2022 12:14

Why the continued fall?

[oapknob1] 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.

[w13ken] 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.

[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.

[novision] 26/5/2022 20:20

Deutsche Bank raises Marston's to 'hold' (sell) - price target 60 (65) pence...

[stalker_boy] 26/5/2022 20:08

Much better plays in this sector if you want to make serious money. MARS for starters would be my choice.

[oapknob1] 18/5/2022 07:27

Director DealingThe City Pub Group plc (AIM: CPC) announces that it has been notified that Toby Smith, Chief Operating Officer of the Company, yesterday purchased 60,000 ordinary shares of 1 penny each in the Company ("Ordinary Shares") at a price of 94 pence per Ordinary Share. Following this purchase, Toby Smith is beneficially interested in 60,000 Ordinary Shares, representing approximately 0.06 per cent. of the Company's issued share capital.

[idriveajag] 29/4/2022 09:20

I hold RBG and CPC.

[idriveajag] 29/4/2022 09:19

He is right that RBG's chart is pointing to a 5x bagger from this level and their trading has improved so should multi bag.

[oapknob1] 29/4/2022 09:16

COM looking attractive too.

[oapknob1] 29/4/2022 09:15

Are they reintroducing a dividend payment ?

[sharetalk] 29/4/2022 09:04

I think Revolution Bars Group (RBG) has better share price growth potential.

[idriveajag] 29/4/2022 08:20

Two directors just bought a total of 150,000 shares at 80.5p and 81p, and last May one bought 100,000 at 132.5p. Those are serious investments of confidence. Trading vastly improved, freehold estate valued at 145p per share (£150m) and Dividend resumes in the Autumn. Should be back to 200p+.

[novision] 28/4/2022 16:07

if they manage to add the 25m fcst to take turnover to c60m - should see a big drop through to the bottom line and share price.

[oapknob1] 28/4/2022 15:55

Been a good rise since it was "dropped" to 76 level. Results bode well for September update when hopefully revenue will be a better reflection on trading post pandemic.
With a resumption of dividend payments what's not to like. MM's will need to keep raising the share price to true value. Estate valued £1.45 per share alone.
Tucked these away for dividend. Happy days.
Thought it would be at least end Q3 for a three digit share price but if the Div Hunters keep buying could be end of Q2 !!!

DYOR.

Glad the name gives you a giggle. Saves the trolls a job thinking up expletives.

[qs99] 28/4/2022 14:50

Am fully expecting £1 in short order and why not?

This has been as high as £1.40 in the last year, but arguable the trading backdrop now in the UK is so much better no? DYOR

[ny boy] 28/4/2022 13:34

Bought in this morning, looks mis priced but in these markets who knows, not expecting 100p + until Q4, anything before a bonus, more interested in the dividend returning.
Also in (DIS) since 1.34p as a recovery to ride the sector.dyor as usual on all stocks.

[qs99] 28/4/2022 13:08

Couldn't resist, just looks v. odd value i.e. too low below £1.10-20 IMO....DYOR

[oapknob1] 27/4/2022 19:11

Be interesting to see if there are any updated broker notes/valuation in the coming days and weeks.