||ORD 28 1/8P
||EPS - Basic
||Market Cap (m)
|Travel & Leisure
Restaurant Group Share Discussion Threads
Showing 2176 to 2196 of 2200 messages
|RTN up and down like a bride's nightie this week :-)|
|"Bid doing the rounds"........
In some morons head!
Shortly to post 12 month out of date news that never happened, on here......|
|I'll pre-empt .... takeover ? ;-D|
|Only one of my twenty in the red today. Market going well :)|
|Debbie Hewitt strikes again.|
|Restaurant Group implies trading is in line. Will update market on 26 May.|
|Brokerage Cenkos said there had been “no reason” given for Mr Nightingale’s departure but it noted “his appointment pre-dated that of chief executive Andy McCue who has been building his own top team”.
“Therefore we do not view his departure as concerning but we expect the share price will react adversely given he has only been in post since June 2016 and there has been significant instability at the top of the group since [former chief executive] Andrew Page's departure in August 2014,” it added.
Restaurant Group will provide a trading update on May 26, the date of the company’s annual general meeting.
Restaurant Group (RTN) chief financial officer Barry Nightingale will leave the company with immediate effect after less than a year in the job.
The owner of Frankie & Benny’s is in the middle of an overhaul under new boss Andy McCue, which is set to include store closures and promotions to draw customers back into its restaurants. Shareholders appear to be spooked by further management issues as the share price fell more than 6 per cent in early trading.
This is not completely unsurprising given Restaurant Group’s recent troubles, but shouldn’t undermine Mr McCue’s long-term plans.
We maintain our buy tip.
|".....Mr Nightingale, an experienced CFO who served stints at Monarch Airlines and Betfred, was considered a turnround specialist. But tensions emerged when Andy McCue joined Restaurant Group as its new chief executive in September.
A person close to the company insisted there was no falling out, but added “Barry’s skills were in heavy lifting, in turnrounds. That phase at Restaurant Group is now over”.
|Peel Hunt downgrading to HOLD .. tp unch @ 350p
21st april Liberum buy tp 430p reiterates|
|I imagine most of his work was done, it didn't take a genius to work out what was wrong.
The noises they've been making seem to suggest the fixes have been put in place.
It's probably just a case of waiting to see the benefits.
The turnaround is underway and all the outlets I visit seem very busy.
Initial dip on the news now seems to be being bought into, I wouldn't be surprised to see it in the blue by the end of the day.|
|Maybe, though had been there less than a year so could just be a personality issue.|
|CFO gone, signalling more bad news?|
|Cinema admissions up 21% in March vs last year. Easter timing difference should boost April vs py comps.
|Weekend cinema box office figures looking pretty good at the moment. Weekend gross up 27% YTD which should help RTN cinema sites.
|I`ll do it .... 'bid rumours' ??? ;-D|
|Aren't we due another muppet with a "talk of Bid doing the rounds" post shortly?
After all the price is up over 2% today!|
|March barclaycard consumer spending: Restaurants up 12.2%, pubs up 12.5%, cinemas up 15%
|Experience-hungry shoppers trend towards food and drink spending
Former Pizza Express owner Cinven weighing takeover of Frankie & Benny's owner Restaurant Group|
|Local units heaving today roll on 400|