Loungers Share Discussion Threads

[alphabeta4] 05/8/2020 10:59

Wouldn't surprise me. 1.95m shares just gone through at 130.

[smartmoney100] 05/8/2020 10:52

Going higher here I'd have thought. 160ish?

[zztop] 05/8/2020 10:45

Been to liverpool city centre it has a massive cozy clubIt seems full every daySeems liverpool people get on with things

[masurenguy] 05/8/2020 08:49

Quite an amazing update. Now on my watchlist !

The Board is pleased to update on current trading having now re-opened all 165 sites in the estate, with the exception of Cosy Club in Leicester which opens this Friday. Like for like sales have been -1.7% over the period from 4 July, when our phased re-opening commenced, through to 2 August. Whilst these are still early days, we are encouraged by the initial strength of our trading performance to date and remain confident the Company will emerge strongly from this period. Loungers will next update the market in late September when we publish our preliminary results for the year ending 19(th) April 2020. The Board hopes to be in a position to recommence providing fuller guidance to the market at this time.

[alphabeta4] 05/8/2020 08:41

Wow, what an incredible performance. According to the FT the pub/restaurant sector was running at 60% of normal sales at 26/7 vs c-2% here. Must be due to the suburban locations and all day offering versus over-reliance on the night time economy.

And this is before eat out to help out!

[zztop] 08/6/2020 10:23

Looking for a good upday today seems strong buying

[onjohn] 28/5/2020 08:33

240p comin

[zztop] 26/5/2020 09:54

Wetherspoons up over a quid we should get some of that momentum?

[jpsmithson] 26/5/2020 09:35

Exactly zz, I jumped in here and RBG first thing. Shops reopening, only a matter of time before bars and cafes do.

[zztop] 26/5/2020 09:13

Still less than half price...dive in chaps

[deduce101] 23/4/2020 14:07

"Combined with its existing cash and loan facilities, the company said it will have funds of around £31mln, which it estimated was enough to maintain the business for around 46 weeks of closure.

In a note on Thursday, analysts at the company’s house broker Peel Hunt retained their ‘buy’ rating and 200p price target on the stock, saying they believed Loungers “ should emerge from the [coronavirus] crisis in a position to resume its leadership…of the licensed retail sector”.

hxxps://www.proactiveinvestors.co.uk/companies/news/917949/loungers-raises-83mln-in-premium-placing-to-defend-against-pandemic-disruption-917949.html

[deduce101] 23/4/2020 11:10

Been watching this since the IPO, haven't invested until today. Placing statement was positive and this looks set for a decent recovery.

[zztop] 23/4/2020 08:53

Onward ..good result

[zztop] 19/4/2020 16:03

Time to buy less than half price

[saucepan] 30/1/2020 19:33

400k to 500k shares or thereabouts, according to ShareScope.

(Nice move today)

[zztop] 30/1/2020 10:56

What's average daily volume here?

[saucepan] 20/1/2020 12:41

Cheers; glad I am not completely on my own :-)

[alphabeta4] 20/1/2020 11:54

I am, but then I did set up the thread(!) Good value up to c£2.75 by my calculations which seem to gradually be coming true as more and more people become aware of it. Has been on at least a couple of tip lists for 2020 from memory.

[saucepan] 20/1/2020 11:42

Is anyone else looking in, or is this stock completely off the radar?

Further highs again today, off a very constructive basing pattern since IPO.

[saucepan] 09/1/2020 11:36

Nudging up a little further; pleasing.

[saucepan] 08/1/2020 09:23

New highs now; interesting day.