We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Loungers Plc | LGRS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 306.00 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 306.00 | 306.00 | 306.00 | 306.00 | 306.00 |
| Industry Sector |
|---|
| TRAVEL & LEISURE |
| Top Posts |
|---|
Posted at 01/12/2024 02:16 by alphabeta4 Not a done deal, 3 investors come out against. By my ests using the Times article 42% come out in favour, 18.2% against. Perhaps someone could guide but I would assume it becomes an issue when 25% are against??(Apologies behind a paywall but hopefully it's still useful for some and I would assume similar articles are out there). |
Posted at 04/7/2024 15:28 by edmonda Save the Date! 12th July - Investor Presentation (sign up below!)Loungers plc (LSE: LGRS), a leading operator of all day café/bar/restaurants across the UK under the Lounge, Cosy Club and Brightside brands, will be hosting a live investor presentation relating to its preliminary results for the 53 weeks ended 21 April 2024 at 1.00pm on Friday 12th July. The presentation will be hosted by Nick Collins, CEO, and Stephen Marshall, CFO. The webinar is open to all existing and potential shareholders. Questions can be submitted during the presentation to be addressed at the end. Link to register: |
Posted at 07/12/2023 11:38 by melloteam Just to let shareholders and prospective investors know that Loungers will be presenting on the MelloMonday webinar on Monday 11th December 2023, starting at 5pm. The programme is as follows: 5.00 pm Stephen English presents ‘Turnarounds – when and how to play’ 5.30 pm Company presentation by SigmaRoc PLC 6.10 pm Company presentation by Loungers plc 6.50 pm Educational session 7.10 pm Company presentation by Eagle Eye 7.50 pm Company presentation by Windward 8.20 pm BASH panel with Damian Cannon and Mark Simpson There will be over 500 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions. Tickets are still available and if you would like one at half price then enter the code MMTADVFN50. |
Posted at 05/1/2023 12:02 by darrin1471 Don't think there is any rush.Search "loungers PLC" on youtube for investor meets. A good and easy place to start the research |
Posted at 03/11/2021 10:36 by seatank8300 hxxps://www.investorVery positive investor update video, accessible via the above link |
Posted at 18/9/2020 08:26 by alphabeta4 Tipped in The Times:Loungers The coronavirus may have kiboshed the growth ambitions of the majority of businesses in the pub and restaurant sector, but Loungers is increasingly confident of beating its expansion targets (Dominic Walsh writes). Full-year results from the operator of the Lounge and Cosy Club café-bar chains suggest that it has bounced back from lockdown, while the woes of its rivals should offer opportunities to secure top sites in target locations. According to Alex Reilley, 46, the Loungers chairman, both its brands have “barely reached 30 per cent of their potential scale”. While he expects the slightly more upmarket Cosy Club to grow from 30 sites to 100 over time, in the case of the Lounge chain he said that the stated target of 400 sites, up from 137 today, “feels increasingly conservative”. Loungers was founded by Mr Reilley and two friends when they opened their first café-bar in 2002 in Bristol. Lion Capital acquired a controlling stake in 2016 and 18 months ago the business was floated at 200p. Since the reopening of the hospitality sector on July 4, the company’s like-for-like sales have soared by 29.9 per cent, helped by the Eat Out to Help Out discount scheme and the cut in VAT. Excluding those leg-ups, underlying like-for-like sales over the same period were down 1.1 per cent, ahead of the sector, and were in positive territory over the past nine weeks. Those are impressive numbers and, on the basis of what we’ve seen so far, they put Loungers near the top of the sector’s performance league table. So how do Mr Reilley and Nick Collins, his chief executive, do it? First, they open in market towns and secondary suburbs where rents are lower and competition less intense, which in turn means that they can offer value for money. Their all-day format, offering everything from a coffee to a full meal, means outlets appeal to a wide customer base and act as a community hub. Loungers is already back on the expansion trail, having opened two new sites with another four in the pipeline, and, despite fears of fresh lockdowns and curfews, it is confident of getting back to its previous opening rate of 25 sites a year. ADVICE Buy WHY The shares should respond as life normalises |
Posted at 10/5/2019 12:33 by alphabeta4 I thought it worth starting a thread on this. It's a recent new issue (29/4/19) that seems a bit under the radar. Analysts originally expected it to be valued at £250m-£3The business has two key brands - Loungers and Cosy Club. Loungers is an all day cafe-bar chain, cosy club more formal bar / restaurants. As at 1/4/19 split is 122 Loungers and 24 Cosy clubs. I've recently had one open near me and I've visited it a few times and found it pretty busy with a diverse range of customers. It isn't a business looking to compete on price but was also not that expensive either. Looking around it felt decent value enough for the drinks and food on offer along with the pleasant interior. I have sampled the food and would do so again. The business is very much at the growth end side of things, (LFL was 6.4% in the 24 weeks to October vs 0.9% for the sector and Christmas came in at 11%). The plan is to open c25 per year. CACI (the planning consultancy) thinks there is the opportunity to grow to 400 Lounges and 100 Cosy Clubs. Proactive investors have the business set to deliver £20m adjusted earnings making for a forward of c10.1 at £2.20 off a business achieving 39% CAGR. That looks very cheap to me, at the time of my research RBG was on 11.2 with a much more uncertain earnings performance and JDW on 17.1 off a far weaker growth profile. Two of the original founders remain (Alex and Jake) and Nick Collins (CEO) and Gregor Grant (CFO) both have 15 years experience in hospitality. Lion Capital has been the largest shareholder since Dec 2016, they did use the issue to sell £11.6m of their holding but remain 38.7% holders. Alex and Jake also reduced around a quarter of theirs but retain c7% of the company each. Lion are now on 6 month lock in, directors 12 months. Overall if they continue to perform IMHO there could be a decent amount to go for here as they build a track record and as awareness of the company grows. As I understand it FUL trades at 21.8 forward and feels a similar successful smaller outfit achieving a decent growth profile. The usual disclaimers apply, the accuracy of the above is on a best endeavours basis and as always DYOR. Admission doc etc: Investor presentation 2/5/19: Various articles: |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
