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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Hostmore Plc | MORE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.17 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.17 | 0.17 |
| Industry Sector |
|---|
| TRAVEL & LEISURE |
| Top Posts |
|---|
Posted at 16/9/2024 10:14 by dgarvey Most of the daily variation is due to the spread, nothing more. Can't blame the MMs not wanting shares that will be monopoly money in a few weeks. |
Posted at 13/9/2024 17:03 by hpcg How are they blocking? If need be get on the phone and your broker will place. The rules of the game don't include liquidity at the touch of a button. Look at the 15 minute-delayed trades published on the London Stock Exchange, that give real information PIs aren't losing out they just have to operate in the rules. I am astonished there are any bids at all, so be thankful to the buyers, whomever they are. |
Posted at 13/9/2024 07:26 by trendspotting I think you better check again in a few days time PWHITE.I have been told different this morning. Why do you think investors are loading. Clearly you have not got the "memo". This will rise and catch many out. Good day. I say no more whilst the share price is in auction. |
Posted at 12/9/2024 07:28 by alfred neuman Probably the biggest clueless tool on ADVFNace ventura11 - 11 Sep 2024 - 10:53:55 - 130 of 142 Starting its Move North. Should see 750% plus now from these lows. ace ventura11 - 11 Sep 2024 - 10:25:48 - 127 of 142 Keep buying. Multi Bagger inbound.. ace ventura11 - 11 Sep 2024 - 10:07:29 - 122 of 142 Buying more, I just keep adding here. share price at these lows is a gift that just keeps giving. Forced seller supplying the Wise with Real cheap stock.. Just 100 mill shares in issue. Could Absolutely 20 bag if RNS drops. ace ventura11 - 09 Sep 2024 - 12:36:56 - 111 of 142 Same here Almost certain a big bounce inbound. Seen it all before with these 90% fallers.. |
Posted at 11/9/2024 17:26 by ace ventura11 Big Day tomorrow for the SP, if the distressed selling is finished. Which it almost certainly is. Then with just 120 million shares in issue. A Mkt cap of just £450k, and probable MKt Updates, that show the company is embarking on MORE value adding opportunities for shareholders.Then I can only expect a Very Big Multi Bagger for the Brave and knowledgeable Buyers from today, like me.......... |
Posted at 11/9/2024 09:21 by afn finest loser LOLkimchi1 - 09 Sep 2024 - 12:32:44 - 110 of 126 HOSTMORE - MORE Bought a few at 0.88 this morning, wanted to get in before the pump & dump nutters get on-board (oh and the CEO with her monthly purchase, lol). In the speculative punt category. |
Posted at 11/9/2024 09:07 by ace ventura11 Buying more, I just keep adding here. share price at these lows is a gift that just keeps giving. Forced seller supplying the Wise with Real cheap stock.. Just 100 mill shares in issue. Could Absolutely 20 bag if RNS drops. |
Posted at 27/4/2024 16:39 by jtourer It does look like there is very good upside on this. With constant the director buys and now this deal with TGIF Inc many analysts think 55p is a short term target for MORE |
Posted at 11/7/2022 13:57 by km18 Hostmore (MORE) issued a trading update for the HY ended 3rd July this morning. Trading is in line with expectations, growth opportunities remain despite consumer caution. LFL revenues for the period since 23 May 2022 are in line with the expectations set out. Organic growth continues in line with previously stated plans of the Group, with the recent opening of the fourth 63rd + 1st restaurant, in Edinburgh, on 7 July 2022. More than one million customers visited the Group’s brands during June. The Group has extended its primary banking facilities for an additional 12 months, the terms include an increase in the value of the Revolving Credit Facility to £30m from £25m in support of the Group's capital allocation policy. The share price has fallen over 75% since listing last year, valuation is now very attractive. The balance sheet is improving, but near term share price momentum is lacking. One to monitor for now, but valuation is a big plus......from WealthOracleAM |
Posted at 18/3/2022 13:46 by napoleon 14th Dunno about Paul Scott, but here is another opinion.Rather pertinent questions being asked.... Small Caps Live Weekly. Hostmore (MORE) - Final Results, Here’s the headlines: As a restaurant chain, this is dominated by lease assets, so taking the pre-IFRS EBITDA is largely meaningless. Thankfully, they provide the pre-IFRS16 figure and we don't have to try to calculate it. This is of course still an adjusted figure, and looking at those adjustments, the big difference is listing costs. How on earth did it cost them £8.1m to list a sub £200m market cap company?! Smacks of the PE float/demerger that this was. At least these costs should be genuinely one-off. These figures put them on a P/E of 13 and a EV/EBITDA of 5.6. This isn't crazy expensive, but isn't cheap either, However, the FCF figure does look impressive. But the first thing to note is that this is not what we would typically call Free Cash Flow: Free cash flow is calculated as the profit/(loss) for the period adjusted for depreciation, non-cash items, changes in working capital, tax paid and maintenance capex, and excludes cash used in financing activities. This is not cash generated that can be used to pay dividends, buy back shares or reduce debt. To get to FCF from OCF they take off what they define as maintenance capex but not what they consider expansion capex. Even putting aside that this split is open to considerable opinion, Mark considers this inappropriate because otherwise companies with significant growth capex, such as say Capital Limited, could claim that they generate great FCF figures. High-quality companies such as Capital don’t, of course, because that cash flow isn’t free, it is committed to growing the business. Given the recent float, all the IFRS16 calculations, maintenance vs growth capex debate then we are disinclined to spend hours unravelling the details. The much simpler way is to look at net debt, which went from £28.6m to £12.2m; so a £16.4m reduction. However, they received £13.1m from their listing and didn't pay a dividend. So actual FCF was £3.3m. Partly this was because they spent £8.1 on listing costs so it may be fair to add this back in. But they also received government payments in this time, although they don’t quantify this. About £1m of the FCF was due to working capital changes, so while we agree this is FCF it also isn't necessarily repeatable. With the share price down this week, the market seems to have been able to see through the attempts to put lipstick on, what may or may not turn out to be a pig. Or it may simply be unimpressed by the outlook: LFL revenues for the 8 weeks ending 27 February, adjusted for stadium venues, is c.3% lower than FY19 They have hedged gas and electricity costs: Early hedging of gas and electricity costs, both volume and pricing, substantially reduced the negative impact on future margins, with recent hedging contracted prior to the start of the Ukraine crisis But no indication for how long, and of course, labour inflation could well be challenging for them too. The CEO does say: I am equally appreciative of the ongoing loyalty of our many guests that continued to support us by visiting our restaurants and indicated their appreciation of the improvements in quality and service which have resulted in higher and more consistent levels of guest satisfaction. This suggests they are willing to address the fundamental issues with the business that have been evident for some time - that the reviews are poor for the core "Friday's" business, and that their offering is priced at a premium to other restaurants without offering a premium experience. Personally, Mark would much rather go to one of the independent local restaurants that provide chef-prepared food and nice wines for a lower cost. This quote stood out to Leo: With the combination of the permanent closure of somewhere between 15-20% of restaurants as a result of the pandemic and a growing acceptance from consumers that pricing has to reflect value... What about an acceptance from TGIs that their pricing has to reflect value? Perhaps the Chairman could be part of the problem: Having had responsibility for the stewardship of the TGI Fridays brand over the last five years as Chairman of Electra Private Equity PLC, I am now delighted to present the inaugural Chair's Statement of Hostmore plc as an independent listed business. So this is good news: It is therefore my intention to step down as planned at the Annual General Meeting in May. However, this is a highly competitive sector, and nothing in these results changes our fundamental view: if we wouldn't eat at their restaurants then why would I buy their shares? |
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