Patisserie Share Discussion Threads

[useless23] 15/5/2018 14:12

I'm long term bullish on CAKE but i think a better price can be had by waiting for a pull back.

[grahamburn] 15/5/2018 11:24

The background analysis for that statement would be appreciated to enable long term holders and "newbies" to assess its validity.

[useless23] 15/5/2018 10:40

Warning to newbies, whoever was buying over the previous several weeks causing the price to rise by 33pc will now be offloading.

[bookbroker] 15/5/2018 09:14

Fully valued, if they are going to reduce the amount of sugar in fizzy drinks, they should be doing it with cakes, sweets, and tax them likewise! More seriously, this is a premium sector, difficult to see it continue to grow at current rate, rating ahead of the game! Live in W. York’s, Betty’s Tea Room, Taylor’s of Harrogate should think about growing that format as an experience, already a phenomenally profitable private company!

[valhamos] 15/5/2018 09:10

Good interims - 13% increase in eps, new profitable store openings with payback of less than 24 months, the partnership with Sainsburys is developing, no bleating about the impact of the beast from the east etc - a quality business.

[unabkxb] 15/5/2018 07:20

Results RNS out. All good.

[asagi] 08/5/2018 18:45

according to Lancaster Guardian of April 25th, Lancaster is getting a Patisserie Valerie "within the next month". That's confirmed with Paul May being quoted.

Hull Daily Mail of April 20th says that Hull will also be getting its first store soon.

H1 results next Tuesday.

Asagi (long CAKE)

[valhamos] 08/5/2018 17:17

Share price is very perky - a week before the interims.

[acamas] 02/5/2018 07:26

grahamburn,

There is no doubting that it is one of the best buys of retail stocks from all one reads about the High Street with its various problems. Perhaps M & A might yet be still to come as we expand the business still further

[grahamburn] 01/5/2018 20:30

It's now around 6 months since the rumours started in the press about a possible merger between Patisserie and Bread (which were confirmed by the two companies with the comments that Luke Johnson would stand back from any discussions as he is a major shareholder in both companies). The suggestion was that any deal would take a few months to come to fruition, if indeed a deal happened.

Since then it has gone quiet. Indeed, so far as I am aware, nothing has appeared in the media about progress and, most certainly, neither company has made any definitive statement.

Maybe the recent strength of Patisserie's share price is an indication that something is happening behind the scenes - or maybe it's just reinforcing that the business is one of the few successes on the High Street.

[asagi] 26/4/2018 19:00

Patisserie Valerie blog reporting that Carlisle opened April 24th. It looks smashing!

hxxps://www.patisserie-valerie.co.uk/blog.aspx/1/89/Patisserie-Valerie-Carlisle-Now-Open

Asagi (long CAKE)

[andygibb101] 23/4/2018 12:23

A summary of the IC view of cake:

It’s full speed ahead for growth plans at Patisserie (CAKE). The owner
of Patisserie Valerie opened 20 new stores across 12 geographies in the
year to September 2017, and has a similar rollout strategy for the current
financial year. Rapid expansion plans can be a cause for concern if the
rate of growth is debt-fuelled (see various pizza restaurant chains), but
this hasn’t been Patisserie’s trajectory. So far, new openings have been
funded entirely from operating cash flows, which increased by 10.9 per
cent to £24.4m at the last set of results.

Analysts forecast a net cash position of at least £30m for the September
2018 year-end, increasing to around £56m in 2020 – and this is all after
capital expenditure and dividend payments. Further encouragement
can be found in sales from online orders, where revenue increased by
more than a quarter last year. The icing on the cake – a partnership
with Sainsbury’s – is not yet material to results, but analysts have called
sales at 18 stores so far “promisingR21;. We think the growth prospects are
accounted for in the current share price, so continue to hold. JF

[quepassa] 12/4/2018 08:20

PatVal featured in an article about AIM stocks in thisismoney dated 6th. April.

Very positive.

hXXp://www.thisismoney.co.uk/money/investing/article-5581615/Is-adding-AIM-stocks-portfolio-trick-youre-missing-on.html

ALL IMO. DYOR.
QP

[quepassa] 11/4/2018 08:19

For the record! Not John Peel but Peel Hunt.

28th. March.

Peel Hunt

REITERATE their BUY recommendation with unchanged TARGET PRICE of 450p.


ALL IMO. DYOR.
QP

[r ball] 09/4/2018 20:42

Ah the john peel paradox:-John to record producer: "you must sign this band everyone I know has this record"record producer to John "no, you know everyone who has got this record".

[montyhedge] 05/3/2018 14:46

Incredible with all the competition out there, I'm amazed this as done so well. Must admit I thought this company won't last. I was wrong.

[simso] 05/3/2018 13:06

When we target to open 20 stores a year, does anyonme know if this includes or excludes concession type operation in Debenhams...or Counters in Sainsbury? I am assuming new Debenhams would be part of the 20...but Sainsbury Counters excluded?