Restaurant Share Discussion Threads

[nw99] 25/1/2018 07:41

Decent update looks like SCSW was right

[hurst68] 23/1/2018 15:52

The shorts have made their profits Doubt divi will be cut Private equity circling the wagonsIf you can sit it out, can onboard , half now and half on Thursday Prime target to be split up ,Worth checking if the best CEO they ever had Andrew Page still holds shares , the Germans liked him and the CFO.i should know!Bring him out retirement and sort out a sale at a sensible price

[steelwatch100] 23/1/2018 15:49

Hi Shaunstar,
I see this differently as all the previous bad news has been priced in now.
IMO the recent price fall being due to some temporary manipulation prior to the trading update (as has been the case previously), and will soon return to slightly above 3.00, with potential for growth thereafter.
As an aside, we visited 3 of the Brunnings & Price pubs over the New Year in the Chester area, all experiences were good and working flat out!
As you say time will tell..

[shaunstar] 23/1/2018 13:20

I’ve added to my short here.

1. Chart looks awful hitting fresh lows again and again over the past couple of years.
2. Struggling with revenue as updated previously
3. Since the last disappointing update, cost pressures have only increased.
4. Other restaurant businesses are disappointing with trading updates. Growth is only coming by taking market share which is not the case here.
5. Personal experience – I’ve visited frankie and bennys before and it was honestly poorer in terms of service and food than I’ve experienced elsewhere (in the UK) for along time. Other friends have reported similar.
6. Rising inflation and interest rates mean the UK consumer has and will be spending less on meals out.

I don’t see this as a zero, they have a good balance sheet which will buy them time to fix things over the next 2/3 years – if that’s possible.

Trading update on Thursday imo will be poor. Rumours of dividend cut also will see the shares markedly lower.

Lets wait and see…

Shaun

[nw99] 23/1/2018 09:43

Good support today fingers crossed that was the bottom yesterday

[ianian4] 22/1/2018 16:24

If the experts say sell, it is definitely time to buy.
But in fairness, they are right 50% of the time. On a par with a monkey with a stick.

[nw99] 22/1/2018 12:49

Recent director buy bodes well

[hurst68] 22/1/2018 12:36

AgreeDivi cut already in the price Suspect divi will be held

[rimmy2000] 21/1/2018 20:33

I'd say hang back for the upcoming results first

[nw99] 21/1/2018 17:49

Time to buy

[manrobert] 21/1/2018 14:48

seen article and its advice is Sell:

[adobbing] 20/1/2018 12:23

Share of the Week: Restaurant Group

[adobbing] 20/1/2018 09:45

Thursday 25th January

[hibberts] 20/1/2018 08:48

I think you will find it's the 28th of feb 18.

[nw99] 19/1/2018 14:42

Update on the 27th Jan

[hibberts] 17/1/2018 10:17

Thanks for the info almost took the plunge.

[carbon man] 17/1/2018 09:16

FYi
Restaurant Group - Allegedly 10% short position in the market.

[nw99] 08/1/2018 08:14

Taken initial stake

[adobbing] 29/12/2017 12:22

So that’s 300 out of the way again, now let’s see some progress towards 400.

[opodio] 22/12/2017 10:04

Over 300 in a moment

[adobbing] 21/12/2017 12:45

There was no bid.
There is no bid.
Unless you have information to the contrary, any bid exists only in your mind!