Restaurant Share Discussion Threads

[philanderer] 31/1/2019 13:16

RBC initiating coverage with 'outperform'.... tp 200p

[essentialinvestor] 26/1/2019 14:12

Those figures look very weak. You need to view those in the context of
cost inflation.

[roulettewheel] 24/1/2019 20:05

I said no more private equity purchases for me but Wagamama was one stock I wanted to own, let us see if they can make something from 13x Wagamamas earnings.... hxxps://www.penews.com/articles/duke-street-scores-3-4x-multiple-on-wagamama-sale-20181030

[thecroots] 24/1/2019 09:50

Could be a great recovery play here - but only if they can reverse the sales downtrend. I know Wagamama will bring great top line sales but remember they did pay a hefty premium for it in my opinion.

If only it was Brunning and Price and Wagamama in the group!

[thecroots] 24/1/2019 09:46

No sales are down 2%. The +1% include a weeks trading from Wagamama,

Even if it was +1%, that's not good as its a Nett decrease when you strip out the yearly price increase

[r9505571] 24/1/2019 09:25

Positive update with total sales increasing by 1.0%*. Nice buying opportunity here!

[hampton58] 24/1/2019 08:50

This company will be a M&A target during 2019

[ny boy] 18/1/2019 08:29

r9505571

Central London, you?


A friend of mine was one of the original stake holders in Wagamama.

I am holding (FUL) for recovery, those pizza restaurants are always busy in town, should do well now that a lot of competition has been cut back with over expansion and too high rents for sites.


I am keeping these on my monitor, a,ready invested in the sector but will keep an eye on them.

[philanderer] 17/1/2019 10:16

Berenberg 'hold' ..... tp 170p cut from 270p

[r9505571] 16/1/2019 19:57

Looks like a tree shake. In Wagamama tonight again. Bunged with queue at the door. The sooner RG get the underperforming F&B sites converted the better!

[philanderer] 16/1/2019 11:56

Restaurant Group, down 4.5%. The Wagamama, Frankie & Benny's and Chiquito restaurant chain owner was downgraded to Sell from Neutral by Citi.

Alliance News

[hampton58] 14/1/2019 10:25

Watch out for pre close trading update on the 24th

[philanderer] 12/1/2019 23:44

And packed in Windsor lunchtime today :-)

[r9505571] 12/1/2019 20:50

Was in 100 seater Wagamama restaurant for dinner. Every seat full and queue at the door. Average customer spend £20. Very impressed considering it's the middle of January!

[hampton58] 09/1/2019 11:24

I think soMost likely a condition from some of the underwriters in the right issue

[porsche1945] 08/1/2019 12:23

lets hope so....eating habits changing completely,RG needs to convert tired Frankies etc to wagamama brand fast....altho why they couldnt have developed something similar themselves....

[hampton58] 04/1/2019 14:24

A crowded short , would not be surprised if the management of Wagamama takes over

[hampton58] 03/1/2019 15:38

Read the Wagamama bond holder update !!!

[penrith] 23/12/2018 10:21

Lol!ATB and a Merry Christmas and happy NewYear to all.Penrith.

[ianian4] 22/12/2018 11:17

Penrith, There are also queues at Frankies. Only they are on the inside to get out,.

[penrith] 22/12/2018 10:19

For the last couple of years the long term trend has been down and imo would have continued probably reaching the £1.40 later in 2019. The acquisition has brought that fall much more quickly but at least know we have a real plan and product to turn this group around. The future looks much brighter than a couple of monthS ago, ok the market doesn't like the deal but I'm confident the management team will prove the market wrong.

[2wild] 21/12/2018 18:59

Such a great deal share price only down 50%. Wonder what a bad deal would look like.

[penrith] 21/12/2018 16:48

Wagamama is the only chain I've seen people queuing out side this Christmas. This acquisition will imo turn the group around. Great move by Andy McCue.