Restaurant Share Discussion Threads

[philanderer] 13/4/2016 16:23

Pru going over 5% yesterday , that accounts for the rise maybe ?

[philanderer] 12/4/2016 17:26

Hi dlku , 500p/550p would be nice :-)

... 2 million shares traded, maybe our seller has finally finished or a short squeeze ?

[dlku] 12/4/2016 16:20

maybe luke johnson giraffe group will bid?

[philanderer] 12/4/2016 15:19

Our seller just couldn`t resist @ 360p..... this is going to take quite a while to get anywhere.

[philanderer] 11/4/2016 23:08

Ah , N+1 Singer puting the boot in earlier today...

Telegraph market report

Restaurant Group, which slid 15.2p to 350.8p – the lowest since September 2012 - after N+1 Singer warned investors there is “more pain” to come at the company behind the Chiquito and Frankie & Benny’s chains.

The shares plunged a month ago when the business sounded a profit alert and cautioned it was suffering from mounting competition in the casual dining sector and lower footfall in out-of-town retail parks, where many of its restaurants are located.

“We believe the problems are deep and structural and envisage no respite on a six-to-12 month view,” said N+1 analyst Sahill Shan, who repeated his “sell” advice.

[eastbourne1982] 11/4/2016 23:05

These remain on my watchlist however I'd probably only be very tempted around the £3 mark, there is a fair bit of support around that level and the shares will look good value as a long term play, currently the downtrend is just too strong to ignore.

[philanderer] 11/4/2016 20:48

5th in the dogs...

FTSE 250 Fallers


Galliford Try (GFRD) 1,297.00 -7.36%
Crest Nicholson (CRST) 510.00 -5.20%
Ip Group (IPO) 157.00 -4.85%
Bellway (BWY) 2,445.00 -4.31%
Restaurant Gp (RTN) 350.80 -4.15%
Berkeley Gp.hld (BKG) 3,000.00 -3.97%
Dechra Pharm (DPH) 1,179.00 -3.76%
Rightmove (RMV) 3,997.00 -3.73%
Euromoney Inst. (ERM) 863.00 -3.63%
Taylor Wimpey (TW.) 179.80 -3.44%

[philanderer] 11/4/2016 16:58

Still got our seller .... 1.4m traded on the downside, hopefully finished soon.

[philanderer] 11/4/2016 16:22

Chanced a top up here... 1000 @ 350.4p :-)

[philanderer] 11/4/2016 12:48

Good news Mr S. ...... 5% yield at today`s share price if an unchanged dividend is paid

[mr_spock] 11/4/2016 12:11

Ok, RTN say it will be tougher this year, but re the LFL figures...let's not forget that 11 restaurants were closed for the best part of two weeks over Xmas, and that other restaurants must have been suffered due to the floods. People recovering from the floods are not thinking about going out to eat.
And the Paris terror attacks may have contributed to lower footfall at the retail parks.

A new Frankie and Benny's has opened near me in Wandsworth. I was impressed. And it is busy, despite the competition.

[mr_spock] 11/4/2016 11:30

Visa Europe’s UK consumer spending index has revealed that hotels, restaurants & bars experienced growth of 5.3% in March, making it the second strongest sector.
The sector was only behind recreation & culture. Overall, consumer spend rose 2.3% year on year in March.

[philanderer] 11/4/2016 09:25

JD Wetherspoon up today
Mithells & Butlers up today

Dominos Pizza -1% today

Good old RTN -3.5% lot more meat with antibiotics used than the others ????

[philanderer] 11/4/2016 09:15

Top of the cr@p pile again ;-)

FTSE 250 Fallers


Restaurant Gp (RTN) 354.40 -3.17%
Galliford Try (GFRD) 1,370.00 -2.14%
Nostrum Oil&gas (NOG) 213.25 -1.95%
Crest Nicholson (CRST) 529.00 -1.67%
Ip Group (IPO) 162.50 -1.52%
Rightmove (RMV) 4,092.00 -1.45%
Cairn Energy (CNE) 196.90 -1.35%
Beazley (BEZ) 344.00 -1.35%
Grainger (GRI) 225.10 -1.49%

[philanderer] 11/4/2016 08:59

Damn right too.

3.5 year low for the shareprice.

Morning everyone

edit:

that chart support @ 285p looking crucial now.

[nav_mike] 11/4/2016 08:36

Copied from the IG news service....

BRITISH RESTAURANT GROUPS: Fifty-four large investors managing 1 trillion pounds ($1.41 trillion) in assets have launched a campaign to curb the use of antibiotics in the meat and poultry used by ten large U.S. and British restaurant groups. JD Wetherspoon , Domino's Pizza Group , Mitchells & Butlers and Restaurant Group , were among those to receive a March 15 letter from institutions including Aviva Investors AV.L asking them to set a timeline to stop the use of medically important antibiotics in their supply chains. ...

[salpara111] 11/4/2016 08:33

Surprised by the continued weakness but as I said before I would rather pay more and buy into a rising trend.

[philanderer] 08/4/2016 18:03

Much better week , just -5.4% since last friday ;-)

[salchow] 08/4/2016 11:15

You are not wrong imranawan. At may age I am more interested in income so I am mainly (but not exclusively) looking for company's that pay good covered dividends that are likely to continue. Occasionally I have got lucky and spotted a company paying a high dividend that is changing its business and is likely to expand - my most profitable example of this in recent years was St Ives.

I also look at who is buying or selling large numbers of shares whether directors or institutions and try to avoid those with short sellers - RTN at present!

The important factor here is whether Frankie and Benny's has reached a peak and is now declining. I don't know the answer to that. Both my wife and son have been in a couple of F&B's in the past and they don't like it but that means nothing since it was always very popular with families. The pub restaurants are a terrific business often located in fairly wealthy areas, quite expensive for a pub, no discounting, no special lunch menu and very busy indeed. Unfortunately this comprises only a small part of the business and there is no immediate likelihood of this becoming the major part. If the pubs were floated off into a separate small aim company I could be a big investor therein.

[imranawan] 08/4/2016 10:30

Thanks for your thoughts salchow, and always nice to hear what level of research other investors do before making a buy or sell decision. Personally, I try to use a checklist which looks at a few key areas such as the P&L, cashflow, etc. I picked this out from Robbie Burns's Naked Trader book. The problem is sticking to the rules, as invariable when you stray from these losses often occur.

[philanderer] 08/4/2016 10:29

Garfunkel's ‏@Garfunkels 14 minutes ago

Our delicious NEW Hot dogs have arrived! Decode this Tube stop using #LondonLegend to WIN a Hot Dog meal for 2!

[salchow] 08/4/2016 10:14

imranawan - I suspect about 1% of private investors do that sort of research. I have read the article in question and when he gets on to matters such as rents representing hidden debt and having to bring in notional future discounted rents and adding the value thereof to capital employed I don't really agree in any case - and that's as an accountant.