Restaurant Share Discussion Threads

[discodave4] 21/7/2016 17:21

Not bad then, good for you.350 could be fairly strong resistance though - who knows, not a TA but looks a reasonable assumption to me!.Let's see what tomorrow brings, wouldn't be surprised after today to see some quick profit taking.........on the flip side some juicy rumours about a possible takeover wouldn't hurt, lol.GLDD

[philanderer] 21/7/2016 17:12

DD, not doing too bad . I`ve added twice , only small amounts, over the last couple of weeks and got my break even down to just over 350p :-)

[discodave4] 21/7/2016 16:22

Perhaps shorts are closing, about 3.3% out on loan at the moment (only those greater than 0.5% registered so could be more), but only held by two companies: Marshall Wace LLP and Altair Investment Management Ltd.DD

[discodave4] 21/7/2016 16:16

Thanks Philanderer, agree with 2 & 3 but this has been oversold for a long time.Think you must have halved your 90p loss if this holds at close! :).DD

[che7win] 21/7/2016 16:10

Strong performance today, it is getting back to sensible levels.

Wonder how many potentially interested parties bought in the Brexit falls?

[philanderer] 21/7/2016 16:09

Agree DD.

It`s either..

1. Investors reckoning it`s oversold

2. Next months figures are going to be better than ok.

3. Someone is building a stake

[discodave4] 21/7/2016 16:02

There must be something going on, this wouldn't be on the expectation of really good interims in late August would it?.....no that I mind too much!.DD

[philanderer] 21/7/2016 13:30

Good volume , almost 1 million traded so far.

[tsmith2] 21/7/2016 13:03

Rinse and rise

[tsmith2] 21/7/2016 13:00

Do we get acceleration? Think so..£4..Cheaper sterling..

[gucci] 21/7/2016 12:55

chart is looking interesting at these levels

[tsmith2] 21/7/2016 12:48

Large gap up(s)...

[philanderer] 21/7/2016 11:26

Going well against the market today :-)

[philanderer] 20/7/2016 21:32

Frankie & Benny's ‏@frankienbennys 9 hours ago

This summer the KIDS ARE IN CONTROL at Frankie & Benny's, the best part? Kids Eat Free! when you download the App📱

[philanderer] 20/7/2016 17:00

Motley Fool:

Jul 20th 2016 03:31 PM

A bid could still happen

Shares of Restaurant Group (LSE: RTN) bobbed higher a few weeks ago, after press reports suggested the struggling group might be about to receive a takeover bid from private equity.

The rumours came to nothing, despite being apparently well sourced. But Restaurant Group -- which owns Frankie & Benny's plus a few smaller dining chains -- is financially strong and remains profitable. This company should be able to orchestrate its own turnaround, in my opinion.

Indeed, recent management appointments suggest that's quite likely. The company has just appointed a new managing director for Frankie & Benny's. Spencer Ayers has worked with the chain previously, at a time when it was growing strongly.
As things stand, Restaurant Group shares look quite cheap to me.

The shares have fallen by 56% so far this year, but earnings forecasts have only been cut by 15%. This leaves Restaurant trading on a forecast P/E of 10, with a prospective dividend yield of 5.3%.

I believe there could be decent upside from the current price of 300p.

[che7win] 20/7/2016 15:11

Ssssshhhhh!

[dadedidodu] 20/7/2016 14:52

Bid is coming here

[philanderer] 20/7/2016 01:00

Nice positive news adobbing :-)

[adobbing] 19/7/2016 22:35

Tried to get into Cheshire Oaks designer outlet village at the weekend, bedlam!
All car parks full and traffic circulating trying to find available parking spaces.
So much for the post brexit slump!

It was just like Christmas, presumably after a hard day shopping there were many people in the F&B and Chiquitos, would have checked it out, if I could have got anywhere near!

Gave up and went to my local B&P pub where it had been heaving all day apparently.

Look forward to the next results, I get the impression they won't be as bad as most people expect!

[dadedidodu] 19/7/2016 22:16

Wheat prices have plunged - great news for RTN and CAKE

hxxp://www.tradingeconomics.com/commodity/wheat

[rubberbullets] 19/7/2016 14:12

Fly me prettys fly

[philanderer] 19/7/2016 13:44

Buyers about today :-)

[discodave4] 19/7/2016 10:19

che7winSssshhhhh!

[che7win] 19/7/2016 09:36

Look like it wants to get back to the 340p level

[tsmith2] 19/7/2016 08:23

Cheap and makes it prone to a take over. Agree weaker sterling absolutely helps