Hostmore Share Discussion Threads

[mauricemonkey] 08/11/2021 12:59

If you look at the dates, they all say 2nd Nov. These are the shares from the demerger, not net new buying.

[jtourer] 08/11/2021 11:52

The price is still dropping even though an II has taken a significant stake every day for the last few days, how can this be -- pretty blatant 'mates-rates' manipulation IMO..

[mashman] 07/11/2021 21:02

There is no doubt that covid has rebooted the eating out trend. The tired brands like franki and benny , chiquito and many others will be thinned out if they don't keep up.
This is a great move that shows commitment to stay with the new fleet of mid priced restaurants like Bistro Pierre (not listed) and Loungers.

[simon gordon] 07/11/2021 12:19

Good bit of background:

The Caterer - 19/10/19

Robert Cook to replace Karen Forrester as CEO of TGI Fridays

Karen Forrester is to step down as chief executive of casual dining brand TGI Fridays on 13 December.

Taking over the position will be Robert Cook, who will join the company on 2 December from Virgin Active, where he has held the position of UK chief executive since 2016. The appointment will mark a return to the hospitality sector for Cook who played a major role in the development of lifestyle hotels in the UK, initially as chief executive of Malmaison and Hotel du Vin for nine years before becoming chief executive of De Vere Hotels Resorts and Village Urban Resorts, and then chief operating officer at Macdonald Hotels and Resorts.

Forrester, who was last year ranked 41 in The Caterer's 100 most powerful people in hospitality, joined the group 12 years ago and is widely credited with turning it around.

She did away with the tired image of the restaurants, which she described as "childish and clown-like", introducing leather seating, open kitchens and oak floors.

Also seen as one of the most team-focused leaders in the sector she spread employee enthusiasm through the Fridays Academy, where new recruits are trained and existing team members retrained, an approach that saw TGI Fridays named the top big company in The Sunday Times Best Companies to Work For in 2015.

Forrester said: "It has been an unbelievable honour and privilege to have led the magnificent TGI Fridays UK family over the last 12 years. It was an incredibly hard decision to hang up my stripes, but I'm excited to be handing over to new CEO Robert Cook, who will steer the company on the next stage of its epic journey.

"There are so many things about my journey I am proud of. From winning back our stripes, getting into the Guinness Book of Records, to topping The Sunday Times Best Companies listing as the best big company to work for in 2015. I'm leaving a business which is strong and healthy. In the last few years we've opened a raft of new restaurants, welcomed thousands more Friday family members and served millions of satisfied guests. This year profits and sales have grown and led to some brilliant guest experience scores.

"I would like to thank every single family member who has helped to make it the brilliant company it is today and want to wish Robert every success as he takes the helm. I look forward to the team creating new milestones, breaking new records, winning new awards and going from strength to strength as it enters this exciting next phase."

[mashman] 06/11/2021 11:34

Numis put MC @ £168m, net debt @ £31m giving an EV of &200m, 6.8 times Ebita.
TP of £2.11, 57% upside

[jtourer] 06/11/2021 08:47

This is good news as I thought it was held down to let all the 'trade' investers in at the expense of the PI's so business as normal for the city...

[mashman] 05/11/2021 22:55

Hostmore is a very enthusiastic name :-)

So nearly 50% of the company is already in the hands of investing funds

Aviva 4.2%
Mvg 9.2%
Fid 11 %
Witt 13.2% so not quite 50%.... yet

[simon gordon] 05/11/2021 17:31

Such a smart move to brand Friday's image with women's football - here's some recent vids:

Friday's YouTube channel



The Chief Marketing Officer is on the ball:

Dan Staples on LinkedIn

[simon gordon] 05/11/2021 12:09

Restaurant Marketer & Innovator - 15/4/21:

FRIDAYS - SHAPING A NEW FUTURE BY DAN STAPLES

[simon gordon] 05/11/2021 07:43

Big Hospitality - 23/12/14:

Electra Acquires TGI Friday's

...deal valued at c.£230m

...66-strong brand...

[jtourer] 04/11/2021 17:31

Several II's have loaded up in the last couple of days so even if I am stupid there is a chance 3 x II's are not all stupid !

[simon gordon] 04/11/2021 15:51

Edison out with a note:

[gilgil13] 04/11/2021 12:38

Has anyone seen the Numis note that's out? Can't find it anywhere and would like to see EPS expectations for next few years.

[boystown] 04/11/2021 09:34

Thanks Jaknife; from a very brief look, it doesn't look like value???

[boystown] 03/11/2021 22:52

Does anyone know what the balance sheet will look like here, now, after de-merger?

[haroldthegreat] 03/11/2021 20:31

People purchased because there was thought to be xs value in the assets over the share price of Electra . Now they will get rid of More shares and keep the rest hoping they will appreciate over time .

[sg31] 03/11/2021 18:19

Price going down as the shares hit the accounts of people who don't want to hold the demerged shares.

To be expected. It will be a while before this settles down to it's realistic price based on fundamentals.

[andywillz] 03/11/2021 10:37

@cousin Jack - i received mine with HL this morning. share price drifting down as people who dont want to hold after the demerger sell off their position.

[cousin jack] 03/11/2021 09:58

Still nothing in broker account. Anyone else received them ? Given the split has been planned for some time it’s disappointing we are unable to trade at the moment. I’m not sure why the share continues to drift down as the information known about it is no different to what was known when it was part of Electra.

[ochs] 02/11/2021 14:24

Here's details of what used to be Monreal on AIM for anyone not aware - now listed on Aquis with ticker ECP

[martinthebrave] 02/11/2021 12:43

Good man Harold!!