Restaurant Share Discussion Threads

[onjohn] 06/7/2016 12:01

brexit woes

[abcd1234] 06/7/2016 11:39

Dividend being paid today

[philanderer] 06/7/2016 09:29

No rush for any bidder. In these markets they may well think they`ll get it cheaper yet..

Buyers market now.

[discodave4] 06/7/2016 08:55

If private equity were sniffing around back in May then guess they are again..........yeah I know, the B word, but still reackon it's worth 380-400 (a 20% discount to SOTP).DD

[che7win] 06/7/2016 08:15

Rtn down 130p from the recent 380p level, it's due a bounce, maybe back to 300p?

[philanderer] 05/7/2016 23:51

No , it`s the lower footfall worries and increased inflation on the prices of imported food and drink now that the £ is collapsing.

It`s not RTN specific but right across the sector... check out MAB and GRG , recent charts pretty well identical.

[zcaprd7] 05/7/2016 22:57

Do they own their property portfolio? Is that what is weighing on the stock?

[philanderer] 05/7/2016 13:46

I see Aviva has now suspended edemptions from it`s property fund after Standard Life did the same yesterday.

FTSE250 - 2.8% not looking good for domestic stocks. International earners a different story.

[philanderer] 05/7/2016 12:23

Just the usual free money for banks to allow people to borrow and get in even more debt.

They`re worried about the property and housing market which they`ve allowed our economy to be based on.

[che7win] 05/7/2016 10:38

Mark Carney speech right now might boost the market, lets see.

[philanderer] 05/7/2016 10:35

It`s off the charts now.

Nearest support I can see is 197p from the start of 2010.

[philanderer] 05/7/2016 10:10

Going right down the toilet .

No faith in this chief exec to turn it around now,

[tsmith2] 05/7/2016 09:29

Silly price

[abcd1234] 05/7/2016 07:03

cheers, missed it, and could not find it on Investor Rel's part of rtn site...ta

[philanderer] 05/7/2016 00:08

abcd , it was given in the RNS with the Final Results on 9th march

[abcd1234] 04/7/2016 21:11

cheers che7win...where did u get that info from?..

[philanderer] 04/7/2016 20:41

Read across..

"Mitchells and Butlers was also among the laggards after JP Morgan cut its rating to “overweight” following the Brexit vote. Analysts reckon pub and restaurant groups will be adversely affected by increased inflation on the prices of imported food and drink on the back of the plunge in sterling. Shares tumbled 7.5p, or 3.2pc, to 224.5p. "

[abcd1234] 04/7/2016 19:36

whats the dividend payment date on RTN...
t.i.a.

[philanderer] 04/7/2016 16:45

They`re trying ;-)

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[philanderer] 04/7/2016 16:30

As with many other retail/consumer dependant companies , dividend cut being priced in now.

[philanderer] 04/7/2016 09:49

A day for the garden today anyway ;-)

[che7win] 04/7/2016 09:48

20% higher than where we are, brokers follow the trend, best ignored

[philanderer] 04/7/2016 09:40

JP Morgan puting the boot in as well today.

Retains 'neutral' and cuts target from 400p to 330p