Restaurant Share Discussion Threads

[dlku] 19/7/2016 08:00

More attractive to an overseas buyer now as well with the pound much weaker.

[dadedidodu] 19/7/2016 00:04

will hit 400p very soon

[philanderer] 18/7/2016 18:19

Hopefully.... fingers crossed ;-)

[discodave4] 18/7/2016 18:16

Agree, even at their bottom end FY16 forecast this is worth at least 350 - 400DD

[adobbing] 18/7/2016 16:25

Just massively oversold and the inevitable correction when common sense sets in.

[dadedidodu] 18/7/2016 16:07

Bid appriach here

[tsmith2] 18/7/2016 15:54

Inverse h+s formation

[philanderer] 18/7/2016 14:52

sharw, it`s all very confusing at the moment.

[sharw] 18/7/2016 13:56

Interesting link philanderer because although 2.8% overall it says of retail parks, where RTN prides itself in having most of its F&Bs:

"The deterioration for retail parks was down 1 per cent, the first drop since December 2013".

Yet the RTN report on 2015 says:

"...we saw weaker consumer demand exacerbated by floods in the North of the country and lower retail footfall".

and

"Frankie & Benny's is the most exposed to some of the underlying challenges around retail footfall"

So who is kidding whom?

[philanderer] 18/7/2016 10:08

Visits to shopping centres, high streets and retail parks fell 2.8 per cent over last four weeks, in weakest result for two years

Read more:

[dadedidodu] 14/7/2016 12:59

Lovely move on CAKE roll on 350p

CAKE CAKE CAKE

[discodave4] 14/7/2016 12:54

Seems like this is being held back below 289'ish. DD

[discodave4] 14/7/2016 12:13

Thanks Mr Carney for that dip!.DD

[zcaprd7] 13/7/2016 14:39

Hope not. Greedily hoping for another leg down before I start building a position...

[tsmith2] 12/7/2016 21:03

Effectively double bottom formation

[philanderer] 12/7/2016 14:49

Break through 300p and it will look a lot better.

[tsmith2] 12/7/2016 13:51

Poised turned around

[philanderer] 12/7/2016 13:20

All my portfolio fallen back from earlier apart from RTN

[tsmith2] 12/7/2016 10:10

More than happy to hold; still think a very attractive acquisition esp for US outfit given dollar strength

[che7win] 12/7/2016 09:12

The rise is gathering pace, even 300p target short term looks a bit stingy? 330p level looks more appropriate. All stocks on my list rising strongly now after hard falls, RTN takes a bit longer it seems. ..

[che7win] 12/7/2016 08:27

No reason I see for RTN not to continue to recover from a ridiculous fall after brexit.

The market has failed to realise a weaker pound means more tourists and domestic holiday makers.

[tsmith2] 12/7/2016 08:08

Rock solid cash flow generation, macro I think naturally helps us as more stay home than go away

[discodave4] 11/7/2016 21:18

Thanks philanderer.......only bought in on the 24th drop by close was in profit.......only lasted until Mon 27th!!.Sympathise with your 90p, it was only about 4 weeks ago when you were in profit I guess, so hopefully it will get back there soon.GLDD

[philanderer] 11/7/2016 17:24

Nice one DD.

Another 90p needed for me.... several years or a bid required :-)

[discodave4] 11/7/2016 17:03

At least it went up!.......a couple more days like today and I'm actually back in profit!.DD