Restaurant Share Discussion Threads

[adobbing] 16/11/2017 08:35

CEO confident enough to spend £55k of his own money on shares.
Nice vote of confidence!

[adobbing] 08/11/2017 09:09

The B&P outlets I frequent are mostly in the Northwest, never had an issue with the service from staff.
More importantly the food is consistently good!
Maybe there’s a north south divide in staff performance?

[adobbing] 07/11/2017 12:39

Agree on F&B, it’s beyond help.
Disagree on Brunning and Price, always consistently better than any of it’s competitors. Think Miller and Carter etc, nobody comes close to a scalable Gastro Pub type concept.
Wherever they have opened they have cleaned up and the TripAdvisor reports concur.

[carbon man] 07/11/2017 11:26

As an observation locally, I revisited F & B and found it only a shadow of its former self. Yes some prices were lower, but the place was empty and food indifferent.
Also went to Brunning & Price a couple of days later. Also found food indifferent
and staff less than attentive. The only saving grace for both was that I used a Shareholder Voucher which brought the bill down.
This is a classic story of a Growth Stock which has lost its rating. I will not sell my shares yet,as they have been held for many years, but apart from the Dividend Income, I would not feel comfortable buying at these levels

[lbo] 15/10/2017 19:42

https://www.thetimes.co.uk/edition/business/zombies-that-stalk-the-restaurant-group-lst6pws8s

[adobbing] 15/9/2017 10:14

In auction, anyone know why?

[carbon man] 13/9/2017 18:27

Fact, they are marked xd tomorrow. If we are running true to form, they should open around £3.00, they might even dip to say 2.98. I will be buying around the £3 level and feel that it has half a chance of moving higher over the next couple of weeks.

[opodio] 13/9/2017 13:27

Climbing be cool to have the 700p bid

[adobbing] 13/9/2017 07:06

Cinven didn't offer anything, there was no bid, it was a rumour and it never happened.

You are talking complete rubbish!

[albanyvillas] 13/9/2017 06:52

Good point about Cinven

Think they were offering around 700p back then

[adobbing] 12/9/2017 23:15

Why are you quoting my post from 7th April?
Why are you not quoting the full post?

""7 Apr '17 - 08:08 - 1857 of 2021 1 0 Edit
steveo18 6 Apr '17 - 14:26 - 1854 of 1856 0 0
Bid from cinven doing the rounds




I assume as there is NO news to back this up, it's doing the rounds in your mind only.
Let's stick to facts shall we?""


The article referred to is about a supposed bid from Cinven in 2016 that never materialised.
There has been no subsequent bid or rumours of one.

[albanyvillas] 12/9/2017 16:23

bid tomorrow be nice
adobbing - 07 Apr 2017 - 08:08:27 - 1857 of 2021 RTN With Charts - RTN
steveo18 6 Apr '17 - 14:26 - 1854 of 1856 0 0
Bid from cinven doing the rounds

[albanyvillas] 12/9/2017 16:13

Superb moment to launch a bid, last time it went to 440p on bid rumours

[carbon man] 11/9/2017 18:29

Absolute guess work. xd on 14/9/17, not that matters these days apparently.

[walbrock82] 08/9/2017 11:38

Some are bearish and some are bullish. I am cautiously bearish but remain bullish for the future.

The Restaurant Group has some good attribute going for them, these are:
A great track record on profitability growth.

In 12 years, it has generated cumulative free cash flow of £250m or £21m per year. Today, it FCF is £40m, a yield of 5%.

Freehold properties of £110m account for 17% of market cap. Now, it accounts for 20% given the share price decline.

No pension deficits or schemes, along with manageable debt level (6% of Mkt. cap.), although low debt is prevalent in this industry.


However, the sector is under pressure because of the slowdown in consumer spending, spending habits, food inflation and devaluation of the British Pound, also wage pressure makes this the perfect storm of high input costs = pressure on margins.

Despite my cautious bullishness. 15 analysts are forecasting adjusted EPS of 22 pence, down from 30 pence that give it a perspective PE of 15. Since EPS is falling, a low multiple PE should be attached (Max. 10X), which is why I give a 65% chance for the shares to head towards £2.20, before making a sustainable recovery.

For more, click

[andysaw] 06/9/2017 21:11

Looks like it will go below 300p in next days

[philanderer] 06/9/2017 17:11

RTN included...


'Citi picks 'sweet 16' stocks for investors to play pre-Brexit UK'

[thevaluehunter] 05/9/2017 10:50

Some more serious de-ramping going on by langton capital today. Comparing RTN, GNK and MARS without talking about their respective debt positions is a bit silly.

hxxp://www.langtoncapital.co.uk/daily-notes/langton-capital-2017-09-05-888-restaurant-group-hawthorn-consumer-spend-etc/

[hurst10] 31/8/2017 15:34

Clear M&A target

[bend1pa] 31/8/2017 14:25

Peel Hunt didn't really get it wrong. Revenue still falling (LFL: 7.2% drop). It's just that there is some encouragement from much lower debt and a smaller exceptional charge. And they even managed to make a small PBT. But the big problems are still there - no sign yet in stabilisation of the loss of customers. F&B still remains a big millstone around RTN's neck. Net cash flow still down about 15%. It would have been much worse were it for not for a big drop in their tax bill.

Not convinced they've stopped the rot yet in their business, but at least they're getting to grips with the financials in trying to deal with that.

[adobbing] 31/8/2017 12:38

31 Aug '17 - 11:37 - 2009 of 2010 1 0
Egg on face for peel hunt and langton.

Just demonstrates how little these so called "experts" actually know and how off the ball they really are.

Anyone who acted based on their advice should really think twice before believing any of these fortune tellers "opinions"