Restaurant Share Discussion Threads

[philanderer] 12/10/2016 14:00

UK Food Companies Report Increase in Ingredient Prices Amid Worries Over Brexit

[zcaprd7] 12/10/2016 12:09

Went to a frankie and bennies on Monday. Nice looking place, very smart. Pretty empty though. My carbonara took ages, was watery, and tasted the same? The bruschetta and coffee OK. They had the photographers in taking pictures of food... Not sure what they can do to turn it around? Perhaps just copy cheesecake factory from the US?

[philanderer] 11/10/2016 21:15

Tipped as a 'buy' in the D. Telegraph tonight:

Questor share tip: tuck in to Restaurant Group as new broom arrives and the shares look cheap

[philanderer] 11/10/2016 16:44

A welcome bounce today :-)

[zcaprd7] 11/10/2016 10:38

Moving from cash to contactless in bars...

[thevaluehunter] 10/10/2016 23:52

Barclaycard september figures just out...restaurants +14.9% , pubs +17.3% boom

[thevaluehunter] 10/10/2016 23:07

Consumer spending report from visa out today (and actual figures and not surveys or bremoaners): Consumer spending increases +2.4% year-on-year in September. Recreation & Culture (+6.8%) and Hotels, Restaurants & Bars (+6.0%) are best performing sectors. ƒ

hxxps://www.visa.co.uk/newsroom/consumer-spending-bounces-back-strongly-in-september-1597980?returnUrl=/newsroom/listing?tag=consumer+spending+index

[thevaluehunter] 10/10/2016 19:41

Has anyone looked into the business rates impact based on the distribution of TRG sites? Central London will be impacted the most but could beneficial for the sites outside.

[philanderer] 10/10/2016 17:35

That 336p chart support looking large :-S

[philanderer] 10/10/2016 13:52

Brexit worries.

'Shop prices hinge on Brexit deal, British Retail Consortium warns'

A retail industry body urges ministers to focus on trade deals that will not put household budgets at risk from higher costs

........Average duty on imported meat could rise to 27% if the UK ended up trading under World Trade Organisation rules, the British Retail said in a letter to International Trade Secretary Liam Fox.

[thevaluehunter] 10/10/2016 11:01

Monthly visa consumer spending report looks pretty good for pubs and restaurants.

[philanderer] 07/10/2016 13:53

Well down again today ; has to be the weak sterling increasing the cost of the overseas outsourcing doing the damage now.

[philanderer] 06/10/2016 18:20

Closing at a 2 month low.

Chart support looks like 336p

[thevaluehunter] 06/10/2016 15:09

Tasty is trading on EV/EBITDA of 15x and they have put through a proportionately bigger impairment charge compared to restaurant group and the share price pretty much doesn't get hammered. I just don't understand why RTN gets valued at <6x EBITDA whilst all the peers get 10-15x.

[thevaluehunter] 06/10/2016 14:59

Ths share is currently very cheap with EV/EBITDA at 5.7 and I expect to see the LFLs dramatically improve in the second half.

[philanderer] 06/10/2016 08:53

Bl^^dy ouch , this chart could break down here.... support is a long way down

Morning everyone.

[philanderer] 05/10/2016 09:00

N+1 Singer reiterating their 'buy' this morning

[thevaluehunter] 03/10/2016 16:11

Currently EV/EBITDA is c5.9x which is v.undervalued for a restaurant and pub business and the balance sheet is strong. I expect ebitda of £130m for 2016 and the dividend to grow next yr.

[philanderer] 28/9/2016 08:02

Berenberg retains HOLD raises tp from 300p to 350p

[philanderer] 27/9/2016 17:26

370p support holding so far

[gutbuster] 26/9/2016 17:39

I bought some more for the hell of it...

[philanderer] 26/9/2016 16:37

Apparently upgraded today by N+1 Singer today to 'buy' and 480p target.

Didn't do much good though ;-)

[thevaluehunter] 23/9/2016 14:34

The large number of sites in leisure sites stand to benefit from the film release schedule in The second half. For Apr, May and Jun uk cinema admissions were down 13% vs Q2 2015 but Q3 is likely to be significantly better. So far Jul16 16.6m Aug16 18.1m (jul15 15.9m aug15 14.4m sep15 9.2m)

[philanderer] 23/9/2016 14:03

UBS increased their target price to 360p from 305p this morning ...retained 'neutral'