Restaurant Share Discussion Threads

[lawson27] 16/11/2021 10:21

its certainly getting plenty of press, happy days

[john09] 16/11/2021 10:02

Poor mashman got mashed

[lawson27] 16/11/2021 10:01

i hope somebody has taken those guns off mashman, we dont want any accidents!!!!!

[farrugia] 16/11/2021 09:36

TOP NEWS: Restaurant Group raises guidance due to robust trading

(Alliance News) - Restaurant Group PLC on Tuesday raised its earnings guidance for 2021 due to improved airport passenger volumes and a "robust" trading performance.

Shares were up 16% at 92.20 pence on Tuesday morning in London.

The London-based owner of casual dining chains Frankie & Benny's and Wagamama said there has been a "minor improvement" in UK airport passenger volumes, which led to a partial recovery in sales run rates for its Concession business.

Restaurant Group stated that it now expects earnings before interest, tax, depreciation and amortization to be between GBP73 million and GBP79 million.

This would be multiplied from adjusted Ebitda of GBP8.7 million reported for 2020 but still at least 70% less than the GBP136.7 million booked in 2019. Adjusted Ebitda in the half year that ended July 4 was GBP11.2 million, swung from an adjust Ebitda loss of GBP18.3 million a year before.

The company noted that its guidance is subject to no unexpected Covid-related interruptions.

Year-end net debt for 2021 is now expected to be less than GBP190 million on an international accounting standards 17 basis. Restaurant Group attributed this to an "improved position" due to its "robust" trading performance. It was GBP200.3 million at the half-year stage.

The company said its expectations for 2022 remain unchanged. Its next trading update will be full-year results in March.

[john09] 16/11/2021 09:31

Poor Mashman

[lawson27] 16/11/2021 08:40

very happy with the update, i must say, holding

[farrugia] 16/11/2021 08:26

well international travel and restrictions will keep improving... the nation cannot afford any other option.

[adobbing] 16/11/2021 08:25

Onwards and upwards!

Good update and a good indication of the turnaround in their business.
New sites opening will further boost the coffers.



New Brunning and Price site to open 8th December close to Cheshire Oaks designer outlet, will be perfectly located to capitalise on the pre Christmas boom.
Traffic management around Cheshire oaks diverts traffic past the signposted turning for the new Pub.

[mashman] 16/11/2021 08:20

mashman stands by guns.

[farrugia] 16/11/2021 08:18

is the worm finally turning? I'm glad mashman was wrong!

[mashman] 11/11/2021 12:24

What went wrong?

25% pricing over 4 years
rubbish site selection
was run by a massively underqualified CEO
coast to coast was a dreadful brand
Frankie food was terrible

Pretty sad realy

[farrugia] 11/11/2021 08:42

lots were traded yesterday

[mashman] 11/11/2021 00:59

John

Ado says I can’t admit that I’m a lier so I plan to stick around and show him that I don’t do porky pies

[mashman] 11/11/2021 00:53

Ado bbing you’re funny, I’m glad I found you.

[john09] 10/11/2021 22:23

Come back at 60p mash. See you then. Go have a rest til 60p then come back n pat yourself on the back

[adobbing] 10/11/2021 22:16

mashman1 Nov '21 - 23:08 - 2912 of 2929
0 0 1
The business rate tax relief amounts to diddly squat unfortunately and a lack of chefs is forcing sites to shut shop. Inflation and belt-tightening and an uncertain Christmas looming. The only way is down imo

“a lack of chefs is forcing sites to shut shop.”

Still nothing truthful to back up this lie!

[adobbing] 10/11/2021 22:06

He can’t admit he’s a liar and has been proved so.

Not got a clue and not even very good at lying to cover it up.

When he get’s called out, it’s lie after lie.

[mashman] 10/11/2021 21:45

Next step on the chart is about 60p. See you there soon

[mashman] 10/11/2021 21:44

john09 this is a board to discuss equities, whether we think they are strong (buy) or weak (sell) and everyone bull or bear can voice their opinion. That is what a BB is.
I am not trashing it it's trashing itself.
People like me.... short term loss. I post here because Ive posted here for 20 years watching believers ignoring the facts.

adobbing please engage the spellcheck there's a good chap

[mashman] 10/11/2021 21:34

One of us is wrong

[john09] 10/11/2021 21:33

Either buy it, sell it or short it.

No point trashing a stock all day every day on little old ADVFN discussion board with a load of small fry shareholders you are wasting your time 100%

Come across people like him before they just want 10 pence off because they cant handle a short term loss

[mashman] 10/11/2021 21:30

80.80p, don't you want to take the bet adobbing. Was 87p last time we spoke

[adobbing] 10/11/2021 17:37

He’s here to peddle his lies, because he thinks he’s an expert 😂