Restaurant Share Discussion Threads

[adobbing] 08/12/2021 11:03

I think I might have been selling myself short with my £1.35 target.

[adobbing] 08/12/2021 10:54

Is he also going to announce which RTN sites have closed because “a lack of chefs is forcing sites to shut shop“?😂;

[mashman] 08/12/2021 10:45

PM about to announce work from home

[adobbing] 08/12/2021 10:19

All this news about VC money in the sector, and the governments road map out of lockdown can only be good for RTN and should helppush us into the £1.30 range within a few days IMO.

[adobbing] 08/12/2021 10:12

I don’t need to resort to lies to try and make a point.

It’s actually “liar” not “lier”.

Wouldn’t you be better investing in some adult literacy classes, investment clearly isn’t your forte?

Any news on those RTN sites you claimed;
“a lack of chefs is forcing sites to shut shop“?

[john09] 07/12/2021 22:40

Which people? The only person I have see even engage him is you !

[adobbing] 07/12/2021 22:15

The amusing part is him thinking people believe his lies.
Wouldn’t you think that after his latest clueless prophecies, embarrassment and humiliation would make him give it up?

[john09] 07/12/2021 20:39

Mash Man missed out again

[mashman] 07/12/2021 17:57

Oil prices going up. Does not bode well for RTN who haven't hedged their heating costs.
All those empty concessions heating the fresh air.

[mashman] 07/12/2021 17:04

adobbing have you actually read that article? It's negative on restaurants.

[lawson27] 07/12/2021 15:15

Pushing for a breakout here. GLA

[adobbing] 07/12/2021 14:59

Spending in pubs up by a third

07-Dec-2021 at 10:10
Consumer spending in bars, pubs and clubs was up by 34.2% in November against October, according to recent data.
Information from Barclaycard found spending in restaurants were still in decline by 4.3% however, this was an improvement on October (when spending was down 8.3%).

Overall, consumer card spending rose by 16% in November, compared to the same period in 2019 with essential items up by 12.5% – slightly less than in October (13.2%).

Spending at supermarkets was up by 13% and specialist food stores (64.7%) recorded smaller month-on-month rises (14.2% and 69.2% respectively).

Spending on non-essential items saw its highest growth since before the pandemic began to hit of 17.7%.

Consumer spending

This was driven by uplifts across the retail, hospitality and leisure sectors with in-store retail spend up 6.7% on October. Clothing recorded its highest increase of 11% since before the onset of the pandemic.

However, consumers were still concerned about the long-term stability of their personal finances with 88% worried about rising household and energy bills and a similar proportion (87%) concerned about rising inflation.

Furthermore, takeaways and fast-food spending was up by almost two thirds (63.2%), digital content and subscriptions by 42.8% and electronics up by 17.2%.

This looks set to continue as more than a fifth (21%) were looking to spend more on takeaways while a similar proportion (19%) are planning to spend more on home entertainment such as streaming subscriptions and online gaming.

Meanwhile, 15% are having or considering a meet-free Christmas – a figure that increases to 28% for 18 to 34-year-olds.

Confidence impact

While rising energy bills are causing 36% of those who celebrate to consider spending less on Christmas festivities, overall household confidence improved slightly month-on-month, rising to 72% (up two percentage points from the previous month).

However, this could be a temporary rise with the arrival of the latest Covid variant, the return of mandatory face masks in some settings and an anticipation by consumers of further restrictions.

Barclaycard head of consumer products Jose Carvalho said: “The arrival of Christmas markets and lights across the UK brought some festive cheer to the retail, leisure and hospitality sectors in November, while the return of darker nights and colder evenings saw Brits spend more on at-home pursuits such as takeaways and home entertainment.

“As we head into final preparations for the holiday season, it is unclear how the new Covid variant and potential further restrictions will impact socialising, shopping and consumer confidence.

“In light of recent changes, we will need to wait and see whether this has an impact on how Brits choose to finish their Christmas shopping this year.”

[adobbing] 06/12/2021 19:50

Mash Man will soon be bankrupt and homeless and sleeping on the streets.

[mashman] 06/12/2021 19:24

Airport concession holders are seeing hardly any footfall and will soon be defaulting on rent.

[adobbing] 06/12/2021 17:09

Hilarious !
Not only a liar, but completely clueless as well!

[mashman] 06/12/2021 15:06

A lot of retail traders selling into this rise.

[mashman] 06/12/2021 14:30

I have no idea what to expect, tell me. You are all gob adobbing

[adobbing] 06/12/2021 14:15

If you seriously believe ADVFN will be interested in you and your lies, you’re even more delusional than your posts suggest.

So take the advice and disappear, if you don’t and carry on posting lies here, you know what to expect.
Nobody here is interested in your lies, go and post them on your beloved Hostmore thread.

[farrugia] 06/12/2021 11:14

the director share purchase is good - no one likes to lose money - hope there are more.