Clapham House Share Discussion Threads

[laugher] 05/5/2009 11:02

A possible bid offer for CARL has put us all back in the frame re: bid speculation. Nice rise on the back of it so far today.

[gizmohican] 16/4/2009 14:06

Some activity!!

[s4tan] 02/4/2009 22:17

what management team have you checked the site? :)

[liveinhope] 02/4/2009 22:16

IMHO sound trading update. With low interest rates and returning consumer confidence I would hope for some recovery in share price. Management Team seems strong and have experience of previous economic cycles.

[gizmohican] 31/3/2009 10:54

What's with the market makers! Hardly any point in investing anymore!!

[laugher] 24/3/2009 22:39

We've had a trading update at the end of March in the previous two years. Hoping for the same again this year having topped up a little yesterday. Obviously drifted a tad since the interims in December which seemed to be fairly well received. Fingers crossed. Perhaps an update on the Tootsies situation too.

[johnv] 24/3/2009 11:36

starting to rise .......again

[lomax99] 04/3/2009 09:32

The Times today says that CPH are beleived to be in exclusive talks to sell its 22 Tootsies restaurants. The talks are thought to be with a private equity backed management buy-in team.

[gizmohican] 04/3/2009 08:42

The restaurant group faring well as well!

[johnv] 03/3/2009 14:54

starting to rise

[jazza] 18/1/2009 20:20

2009 Nap in a certain tipsheet....they expect CPH to be taken out in the coming months...

[lomax99] 14/12/2008 12:10

GCI:

Companies: CPH
10/12/2008

Clapham House, the owner of the Gourmet Burger Kitchen, Tootsies, and The Real Greek restaurant chains, increased sales 21% in the first half of the year.

By lifting pre-tax profits 114% to £1.5m in the six months to September, Clapham's management went some way to proving the wisdom of its decision a year ago to curb its rapid expansion plans and then this summer to sell its loss-making Bombay Bicycle Club brand. The group used its own cash flow to open nine new outlets in the UK and five overseas in the half-year, after initially foreseeing a maximum of 13 openings over the whole year.

After generating £4m net cash in the period, the group reduced net debt from £13.3m to £12.1m as well as renegotiating its £21.7m banking facilities until June 2012. Chairman David Page says recent trading 'has continued to be satisfactory' and that the board remains 'very positive about the medium-term demand trends for the UK eating-out market, the quality of our formats and, in particular, the national roll-out scope for Gourmet Burger Kitchen'.

The 76p shares, down from a high above £4 last summer despite significant stake-building since then by investors in the UK, Europe and the US, fattened up 8.5p on news of the results and may have found a floor. Broker KBC Peel Hunt, whose analyst Paul Hickman suggests that 'the burger is the traditional food of hard times', is forecasting £3.3m profits and 6.1p of earnings for the full year.

At a cheaper multiple than its competitors it could make an attractive snack to a hungry capitalist. Hold.

[liveinhope] 11/12/2008 13:41

Found below on London SE1 Community Website that GBK have won planning permission last week for 100 seat restaurant above and at an interesting location in Southwark, London:

"Plans for a branch of Gourmet Burger Kitchen above the Clink Prison Museum were approved by Southwark Council's planning committee this week."

[demandred] 11/12/2008 11:43

saw sell note in the independant today.

[gizmohican] 10/12/2008 16:07

first step back up!

[liveinhope] 10/12/2008 09:43

TFNF news today:
"Shares in restaurant group Clapham House gain 5.2 percent after
first-half results which Altium Securities says are as good as could be
expected, noting despite the impact of higher promotional activity, margins have
grown modestly.
"Whilst trading conditions will most likely remain tough across the sector
and despite forecast risk on the downside, we feel that the strengthening of the
balance sheet, the increased focus on core brands, the renewed banking
facilities until June 2012 and clearly some sizeable stake building are
positives," says Altium in a note.
The broker rates the stock as "buy".

[matt123d] 10/12/2008 09:30

Nice results.

Added a few more this morning.

[liveinhope] 10/12/2008 09:02

The H1 results reveal no further UK openings in full finacial year but do expect a number of additional overseas GBK restaurants to be opened under franchise before the year end. Pleasing no nasty surprises.

[gizmohican] 10/12/2008 08:35

Great results in current climate!!! Share price so undervalued!!

[mitzis] 10/12/2008 08:24

Buy burgers sell banks.

[jazza] 10/12/2008 08:23

So far so good the morning...advfn news knacked (again!) but you can find results at:

[matt123d] 09/12/2008 16:06

Added a few of these today.

Yesterdays volume looks interesting and a 12% rise ahead of results is very positive.

Text book chart pattern and pushing through the 50dma also.