Restaurant Share Discussion Threads

[davr0s] 05/6/2016 09:52

Worth a read.....No smoke without fire as they sayhttp://www.thetimes.co.uk/article/garfunkels-owner-on-the-menu-for-activist-investor-x8p6mmccd?shareToken=4282d9dd6282cf7f8eec0e9d5fe2593a

[tsmith2] 03/6/2016 09:24

Rinse and rise going on here?

[philanderer] 02/6/2016 15:23

In the top 10 risers today 🤓

[tintin82] 02/6/2016 07:26

Agreed Adobbing. Although I just bought in at around 270 quite happy to hold if a PE buyout materialises or not. The cash generation is solid, and balance sheet strong.

[philanderer] 01/6/2016 21:42

Yes, top FTSE 250 faller today.

[shareinvestment] 01/6/2016 19:38

Today we have given back what we gained over the last few days, but some profit taking is actually to be expected. I'm not selling any of mine as I'm in here for the medium term and still think that we are undervalued at these levels.

[scapital] 01/6/2016 16:35

Wonder what Deutsche are up to.

[philanderer] 01/6/2016 15:55

Yep, 450p for me too.

[che7win] 01/6/2016 08:01

Tsmith, Don't sell yourself short, this is worth more than £5.PE love finding a business they can expand methodically, RTN has plenty of growth ahead.

[tsmith2] 31/5/2016 23:00

Would take £4.5-5

[tsmith2] 31/5/2016 13:02

Looks v promising

[scapital] 27/5/2016 13:49

That's how I read it mammyoko - this director's purchase tells us exactly nothing either way.

[imranawan] 27/5/2016 10:06

True Gary1966, but I think the price rise since last Thursday from the 320p level has been a result of the bid speculation reported by Sky News. If a bid doesn't materialise, and the upcoming ex-divi date, I can see the price easing back to the 320p level.

[gary1966] 27/5/2016 09:56

Director doesn't start until 1st June and so would he be privvy to anything yet? Token purchase prior to starting the job to put some skin in the game to align with shareholders.

[imranawan] 27/5/2016 09:26

I've sold out for a very small profit this morning. In hindsight I should have sold out when the price spiked late on Wednesday afternoon - but I thought a bid would be forthcoming.

Given the director purchase announced this morning they clearly haven't received a bid yet, or indeed been involved in any talks, as that would be insider dealing.

Good luck holders, and I will look to buy back in, should the price drop back further. I think its priced at fair value, at the moment, given their current level of trading.

[davr0s] 27/5/2016 09:18

That would suggest there is no wider news imminent that the company is aware of.... I dont know how much notice the company would have of any PE bid...

[abcd1234] 27/5/2016 09:12

£50k purchase by the new non.exec dir

[nicksoj] 26/5/2016 20:36

On my watch list.If the muppets are creating a mess of the profits best wait for cheapy cheap cheap.Patient discipline is essential.Bloody muppets.

[spooky] 26/5/2016 16:38

There is if one of your competitors bids for it in the mean time.

[mammyoko] 26/5/2016 16:02

No hurry for the PE guys to get involved in this train wreck just yet. They will have worked out that without a decent finance guy and with a total muppet in control there's plenty of time for further value destruction. Might as well wait for the inevitable profit warning in August and pick it up for closer to £2. No hurry with a guy like that in charge

[rubberbullets] 26/5/2016 15:39

ill buy at 280p

[philanderer] 26/5/2016 15:26

Exactly... needs a decent drop to panic out the hot money.