Share Name Share Symbol Market Type Share ISIN Share Description
Restaurant Group Plc LSE:RTN London Ordinary Share GB00B0YG1K06 ORD 28 1/8P
  Price Change % Change Share Price Shares Traded Last Trade
  -5.60 -3.7% 145.60 1,567,913 16:35:14
Bid Price Offer Price High Price Low Price Open Price
146.20 146.40 152.60 144.70 151.90
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 686.05 13.93 2.42 60.2 716
Last Trade Time Trade Type Trade Size Trade Price Currency
17:10:00 O 33,971 147.107 GBX

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Date Time Title Posts
08/10/201908:45RTN With Charts2,583
04/9/201911:05good value2
17/11/201408:01RTN, HILS & PCTN on the menu today.-
09/3/201116:57Restaurant Group133
18/9/200917:10Shareholder perks4

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Restaurant (RTN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-10-22 16:10:01147.1133,97149,973.72O
2019-10-22 16:03:59145.615,8858,568.97O
2019-10-22 15:35:14145.60494,723720,316.69UT
2019-10-22 15:29:55146.20108157.90AT
2019-10-22 15:29:54146.20206301.17AT
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Restaurant (RTN) Top Chat Posts

DateSubject
22/10/2019
09:20
Restaurant Daily Update: Restaurant Group Plc is listed in the Travel & Leisure sector of the London Stock Exchange with ticker RTN. The last closing price for Restaurant was 151.20p.
Restaurant Group Plc has a 4 week average price of 123.20p and a 12 week average price of 122.70p.
The 1 year high share price is 300p while the 1 year low share price is currently 110.10p.
There are currently 491,496,230 shares in issue and the average daily traded volume is 1,630,903 shares. The market capitalisation of Restaurant Group Plc is £715,618,510.88.
03/9/2019
09:59
philanderer: Wagamama owner Restaurant Group swings to a loss on £115m writedown Restaurant Group plunged into the red as it recorded a loss for the first six months of 2019 following its controversial £559m takeover of pan-Asian chain Wagamama. The figures Revenue rocketed 58.2 per cent from £326.1m in the first half of 2018 to £515.9m in the first half of 2019. Restaurant Group fell to a pre-tax loss of £87.7m, compared to last year’s£12.2m profit, after taking a £100m writedown on its Frankie & Benny’s and Chiquito restaurant brands. Cash flow doubled to £52.3m but net debt piled up after the unpopular Wagamama purchase to £316.8m, 13 times higher than this time last year. Investors made a loss per share of 16.1p while Restaurant Group agreed to pay an interim dividend of 2.1p per share. Why it’s interesting Restaurant Group’s share price dropped 4.2 per cent on the losses, with Peel Hunt having expected it to post a £27.8m profit due to Wagamama. Like-for-like sales rose four per cent year-on-year in large part thanks to the pan-Asian chain. But the firm took a pre-tax charge of £115.6m on its struggling Frankie & Benny’s and Chiquito restaurant chains, which comprise its leisure business. Non-executive chairman Debbie Hewitt MBE said the leisure arm’s drop in like-for-like sales was down to strong sales last year boosted by “extreme weather” and the World Cup. But analysts said the company is struggling to meet high expectations as shareholders started to see the upside of the Wagamama purchase, having initially found it hard to stomach. “Unfortunately its half-year results don’t quite live up to the hype around its recovery efforts,” AJ Bell’s investment director Russ Mould said. “Yes, Wagamama is doing well and there are signs of progress with repairing its other interests. But there are a few items on the menu which leave investors with a stomach ache.” He pointed to the large one-off charges and a 0.2 per cent growth in like-for-like sales in the last six weeks. Meanwhile The Share Centre said markets were reacting to the outlook for the retail sector, after the British Retail Consortium warned companies to prepare for economic turbulence as sales dropped in August. “We had hoped and expected structural changes within the group would bear more fruit however, the structural challenges have not abated. If anything they are getting worse with the Brexit saga adding more fuel to the fire,” investment research analyst Helal Miah said. The Share Centre has put its ‘Buy’ rating for Restaurant Group under review. HTTPS://www.cityam.com/restaurant-group-swings-to-a-loss-after-wagamama-takeover/
10/6/2019
06:28
lukmanpatel: Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards
03/5/2019
09:11
steelwatch100: Totally agree Porsche1945, however feel you may be waiting a lifetime for the £2. From one gambler ceo to another. Share price down from £7 to £2, then over pay for waga. Well done, give them a another leaving bonus. The BOD seem to be throwing the dice in desperation, no vision just believing the sweet bull s...t shovelled at interview. I was hoping for a good announcement but this is appalling. With the headwinds facing the group, can’t see the imminent trading statement offering any good news apart from on the B & P pub side.
02/5/2019
11:37
hampton58: Further short-coveting as discussed target price 160p , further upgrades expected and share price should move even higher
08/4/2019
16:03
nav_mike: That really takes the p*ss....granting 627k nil cost options to the CFO What exactly has he done to deserve that other than help decimate the share price
26/3/2019
11:17
boraki: This is the full article in the mail MARKET REPORT: Takeover of noodle bar chain Wagamama lands Restaurant Group in hot water but is a recovery on the menu? By IAN LYALL FOR THE DAILY MAIL PUBLISHED: 21:51, 25 March 2019 | UPDATED: 21:51, 25 March 2019 It has been a tough six months for backers of The Restaurant Group in the run-up to and following its £550million acquisition of Wagamama. Worries over the strain the deal may have placed on the balance sheet have driven the share price down 100p, or 46 per cent. But as Mark Irvine-Fortescue at City broker Stifel pointed out, transformational bolt-ons such as Wagamama rarely come along at the perfect time, or, indeed, at the ideal price. He reckons the shares will recover, but this relies on a hiccup-free welding together of the popular noodle chain to TRG's existing Frankie & Benny's and Chiquito operation, as well as realising the planned synergies from the merger. The Restaurant Group paid £550m for noodle chain Wagamama driving the share price down 100p, or 46 per cent Irvine-Fortescue is a fan of the 'oversold' stock, which he reckons is worth 170p. Yesterday it was off another 2.1 per cent, or 2.5p, at 115.4p. The Stifel abacus rattler, newly installed at the broker, took a closer look at TRG as part of a deep dive into the hospitality sector. •
14/3/2019
01:59
sharw: Hampton58 - you used to post as Hurst68 when we had: 11 Apr 2018 No 1 M&A target in the sector 11 May 2018 This is the strongest buy in the sector (On that day the closing price was 266.88 (as adjusted for the recent rights issue) cf 125.7 today) 23 May 2018 Keep buying New shareholders to appear with a holding This is break up no 1 in the sector My friends this will be taken out , great break up story 31 May 2018 Still no 1 M&A target in the sector You now say "The only reason the remaining group of share holders approved the rights issue , was with clear instructions that ceo of Wag should run the show, hence the recent departure of RTN’s CEO". Firstly the departure had nothing to do with that - it was "extenuating personal circumstances". Secondly the approval was a close run thing - as one fund manager put it: " Having pushed through the very unpopular Wagamama acquisition in the teeth of 40% shareholder opposition, CEO Andy McCue decided to leave citing family health reasons. What a legacy. Overpayment for a `transformational' acquisition, loading up on debt, having to signal a cut to the dividend and presiding over a share price that fell from a theoretical ex-rights price of 185.7p on the day before the acquisition announcement to 129.8p on the day of his departure". He went on to say "Management could do a lot worse than pick up the phone to Jane Holbrook, former CEO of Wagamama, with an offer of the top job" which could be what you are latching on to. At the end of the day the simple facts are these - On 6/10/18 before all this blew up the EV of RTN was £628m It bought Waga for an EV of £559m The EV now is £634m So that's a destruction of shareholder value of £553m - so much for your ramping of a year ago.
21/12/2018
18:59
2wild: Such a great deal share price only down 50%. Wonder what a bad deal would look like.
28/11/2018
13:36
privileged: i don't get it - it actually went ex-rights 26 November per the offer RNS, but the share price didn't change? Should have fallen down to around 163p by my calculation - maybe a little higher if chance the deal wouldn't get voted through so that would explain the fall today but still seems to be trading 40p too high? Any other views?
28/11/2018
12:17
sharw: Well, Peel H were right in saying that the price prior to the vote contained a reject outcome premium. More management distraction from turning round the existing business having to go round the institutions begging them to vote for. I find this very sad having bought in a long time ago and watched Alan Jackson (to May 16) and Andrew Page (to August 2014) build the group with the share price responding from 50p to over 700p. Glad I got out.
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