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LGRS Loungers Plc

307.00
0.00 (0.00%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Loungers Plc LSE:LGRS London Ordinary Share GB00BH4JR002 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 307.00 304.00 310.00 307.00 307.00 307.00 49,775 07:36:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Eating Places 353.49M 9.12M 0.0878 34.97 318.98M
Loungers Plc is listed in the Eating Places sector of the London Stock Exchange with ticker LGRS. The last closing price for Loungers was 307p. Over the last year, Loungers shares have traded in a share price range of 192.00p to 313.00p.

Loungers currently has 103,903,443 shares in issue. The market capitalisation of Loungers is £318.98 million. Loungers has a price to earnings ratio (PE ratio) of 34.97.

Loungers Share Discussion Threads

Showing 101 to 120 of 125 messages
Chat Pages: 5  4  3  2  1
DateSubjectAuthorDiscuss
09/12/2024
14:09
Tortilla could be next one
1choip
02/12/2024
02:02
My thoughts are that they took advantage of the weakness following the Budget announcement and that this is not a fair valuation to effectively take it private.

I think it is worth over £3.75 and they should pay up if they want to control this,

davidosh
01/12/2024
02:16
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).

alphabeta4
28/11/2024
21:31
Can anyone explain the sums in today’s announcement re irrevocables?
sleepy
25/10/2024
11:26
Exactly that.
loungeral
25/10/2024
09:09
IHT selling I'd guess. They're a well run reliable AIM company so I guess some of the premium may have been due to IHT related shareholders.
wjccghcc
25/10/2024
08:46
What triggered the 10% fall?
davidosh
08/10/2024
06:33
"Come rain or shine, Loungers delivers" - new note with audio summary here:

Loungers has achieved record 1H25 revenues of £178.3m, +19.2% on 1H24. 16 new Lounge bars and one new Cosy Club, together with last year’s new sites, contributed 14.5% whilst 4.7% LFL sales outperformed industry growth by over 3% due to Loungers’ all-day attractions.

This growth is especially strong considering the unseasonal weather, the negative impact of the Euro 2024 football tournament and the fall in UK consumer confidence.

Although our 2H25 estimates look cautiously set, inferring c.3% LFL and c.10% new site revenue growth, we make no changes to our FY25E forecasts at this stage, given the consumer uncertainty ahead of the Autumn Budget on 30 October.

The 273-site group still has huge scope to grow towards its ambition of over 650 sites, driving 14% CAGR in Revenues, and 21% CAGR in Adj. EPS FY24-FY27E. We believe this high growth is not reflected in the group’s valuation and reiterate our Fair Value of 370p / share (8.0x cal. 2025 EV/Adj. EBITDA).

edmonda
01/10/2024
09:41
Hope no another like more
1choip
12/8/2024
09:41
Sell up then bub
shbgetreal
09/8/2024
13:30
Over valued at 270s.
1choip
18/7/2024
08:30
Your last comment re: this going to 260 soon has mysteriously disappeared.
shbgetreal
10/7/2024
08:13
Why pay a dividend when they are clearly on a roll-out?
shbgetreal
09/7/2024
07:26
Net debt gone up and without dividend
1choip
09/7/2024
07:21
"All-day strategy success, with more to come"

Loungers’ FY24 results illustrate the strength of its all-day café-bar model with record FY24 revenues increasing 25% to £353m and Adj. EBITDA (pre-opening costs) rising 26% to £59.6m, 1% ahead of our, and consensus, estimates. The group’s growth strategy is on track with continued food innovation, 36 new sites (and some record-breaking sales) and an expanded regional management structure. Meanwhile, whilst we make no significant changes to our recently upgraded forecasts, current trading of 5% LFL sales growth in the last 11 weeks and seven new Lounge openings, is very encouraging.

We initiated on Loungers earlier this year, detailing why its profitable model and self-funded growth was undervalued (see “Loungers: Delivering self-funded growth “all day” long”). The 257-site group still has huge scope to grow towards its ambition of over 650 sites, driving 14% CAGR in Revenues, 15% CAGR in Adj. EBITDA and 21% CAGR in Adj. EPS FY24-FY27E. Whilst Loungers’ share price has rallied 35% since March, we believe this high growth is not reflected in the group’s valuation.

We reiterate our Fair Value of 370p (8.0x our calendar 2025 EV/Adj. EBITDA).

Link to research report:

edmonda
05/7/2024
07:39
Another £487k buy!
1choip
04/7/2024
15:28
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:

edmonda
04/7/2024
07:31
Did someone buy 500k shares at 11.59 yesterday?
1choip
03/7/2024
06:31
Next rns due on 9 July.
1choip
28/6/2024
09:39
M&B have £1b of debt - LGRS have virtually no debt.
loungeral
Chat Pages: 5  4  3  2  1