Restaurant Share Discussion Threads

[adobbing] 08/3/2017 08:13

Looks like the market doesn't share your pessimistic viewpoint!

[liquidkid] 08/3/2017 07:47

F&B's is clearly in runoff. Lost customers hardly come back. They can rearrange the chairs & food all they can but it won't stop the terminal decline. Needs a total rebrand / name change. At £1mn per restaurant the cost is too great. These results indicate that mgmt may not do this for some time or ever. Hence the maintenance of the divident.

Summary:
Lost customers who now need to be persuaded to revisit and need to regain trust.

Frankie & Benny's
- launching a new weekday value menu (99p burgers anyone)
- re-engineering and testing a new core menu
- value-conscious customer segments.

Chiquito's
- brand positioning weak
- introduced a weekday value menu (99p wraps anyone)

Coast to Coast
brand positioning premium, which at odds with out-of-town location
- roll out is suspended

Pubs
- doing ok but not as profitable as above

[croney mingler] 07/3/2017 08:26

Will get rogered on results i fear

[philanderer] 05/3/2017 23:20

Wednesday March 8

The Restaurant Group’s full-year results are expected to disappoint after its market value more than halved last year in the face of fierce competition and a drop in visitors. In pre-close trading update issued in January, the London-listed group said like-for-like sales fell 5.9pc in the fourth quarter amid “challenging” trading conditions. After a torrid year, during which it warned on profits in April, focus will shift to the outlook for 2017.

In January, the Frankie & Benny’s owner said trading conditions would remain difficult in the first half of the year. Investors will also be keen to find out if the higher costs will be passed through to consumers. A rise in buying costs due to the pound weakness and the hike in the minimum wage are expected to push costs higher this year.

[adobbing] 05/3/2017 15:09

Will you have enough pocket money?

[croney mingler] 05/3/2017 14:44

. buying at 245p when they warn on profits again



If you have 6,000 pounds invested it will be worth pounds 4,900 if i am correct. You will lose 1100 pounds

[croney mingler] 05/3/2017 14:19

. buying at 245p when they warn

[adobbing] 05/3/2017 14:14

More clueless stock pickers sticking their finger in the air, in the absence of any facts.
I'd rather wait for facts, rather than the old "even a stopped clock tells the correct time twist a day" routine.

If I had a £ for every time on of these muppets had got it wrong I could probably buy the company!

[sharw] 05/3/2017 13:58

1birddog5 Mar '17 - 11:51 - 1772 of 1774
"We are clear that there will be no quick fix....."

It is a courtesy to the original author and helps those of us who read put it into context if you quote the source rather than posting something as your own.

In this case it would appear to be Alex Savvides of JO Hambro UK Dynamic Fund:

[ali47fish] 05/3/2017 13:00

phil that link does not work?

[1birddog] 05/3/2017 11:51

We are clear that there will be no quick fix here – this is the beginning of what will be a drawn out and difficult recovery plan. With this in mind, we should also mention that our own forecasts include a 40 per cent cut in the dividend.

[1birddog] 05/3/2017 11:49

scary holding this thru results i fear

[philanderer] 05/3/2017 11:04

Market awaits Restaurant Group recipe for return to previous profits after share slump



recipe-return-previous-profits/

[imranawan] 03/3/2017 14:48

Will be interesting to see how the market reacts if the divi is cut. It presents the new CEO and CFO with an opportunity to clear the decks so to speak, as if they commit to the divi they could make a rod for their own back.

£IRV suspended divis and share price held up relatively well, but they did warn on profits a week before the results so the share price fell in advance of the FY results.

[philanderer] 03/3/2017 13:37

Agree, I reckon the dividend will be cut somewhere between 40% - 50%

Alex Savvides, who runs the JO Hambro UK Dynamic Fund flagged this up a few weeks ago - Post 1733

[imranawan] 03/3/2017 10:21

Interesting snippet from Langton Capital about £RTN results next week.

They believe that RTN is likely to cut its dividend based on the incoming management team (Chairman, CEO and CFO) all being new as well as current performance.

They think the dividend could be cut from 16.2p to around 8.5p.

Will be interesting to see what they do next week.

[philanderer] 03/3/2017 09:52

3rd march Peel Hunt hold tp 300p

reiterates

[philanderer] 02/3/2017 12:21

Could be a good sign before next week`s results...

House broker Numis today reiterating 'buy' and 430p target price.

[gutbuster] 01/3/2017 17:32

Ladies please!

[adobbing] 01/3/2017 07:58

Do RTN operate in Canada, no!
Do RTN operate take away sandwich shops, no!

Why are you posting this here, it is completely irrelevant to RTN?

[adobbing] 01/3/2017 07:49

What has that got to do with RTN?

[tjbird] 01/3/2017 07:27

Subway’s ‘chicken’; is only about 50% chicken, report finds

By Natalie O'Neill
Published: Feb 28, 2017 4:51 p.m. ET

145
Only 50% chicken DNA found in sandwich meat, Canadian lab says
Julius Kielaitis/Shutterstock
The study tested 10 pieces of chicken from Toronto-area Subways.
There’s fowl play afoot between the buns of Subway sandwiches, a new report claims.

The fast food chain’s “chicken”; contains only about 50 percent actual chicken DNA — and is chock full of soy filler, according to researchers who conducted lab tests in Canada.

The restaurant’s oven-roasted chicken contains a mere 53.6 percent chicken DNA and its chicken strips contain about 42.8 percent, according to an investigation by the Canadian news outlet CBC Marketplace.

By contrast, grocery store chicken weighed in at 100 percent, according to the news site.


Test results left a bad taste in the mouths of customers, who called it dishonest to label the meat chicken — when it’s basically half vegan.

“That’s misrepresentation,” slammed Toronto resident Irena Valenta.

For the Toronto-area study, independent DNA researcher Matt Harnden conducted biopsies on five pieces of the oven roasted chicken and five chicken strips, which are found in the restaurant’s popular wraps.

Researchers also tested other fast-food restaurant chicken and found higher percentages of poultry DNA, according to the report.

A&W’s Chicken Grill Deluxe, for example, averaged 89.4 percent chicken DNA, while McDonald’s MCD, +0.52% Country Chicken weighed in at 84.9 percent, the news outlet claimed. Wendy’s WEN, +0.65% grilled Chicken Sandwich scored 88.5 percent and Tim Hortons’ US:THI Chipotle Chicken Grilled Wrap averaged 86.5 percent.

Kevin Kane, a spokesman for Subway, declined to comment to The Post immediately on Tuesday, saying, “We will have a comment to share, probably this afternoon.”

But the company released a statement earlier in the day saying it “cannot confirm the veracity of the results of the lab testing.”

It added, “We are concerned by the alleged findings you cite with respect to the proportion of soy content. Our chicken strips and oven roasted chicken contain 1% or less of soy protein. We use this ingredient in these products as a means to help stabilize the texture and moisture,” the statement notes.

Subway will “look into” the matter with its supplier, it said.