Restaurant Share Discussion Threads

[the air marshall] 20/3/2017 13:45

You shat in your shoes over the last year many times liquid. Notably on Purple Bricks and Allied Minds. You don't know what you're doing, do you?

[liquidkid] 20/3/2017 12:04

Can't see how the 2017 cinema box office is going to turn around F&B this year as there just isn't any suitable movies for their target demographic.

Here's what your typical dinner & a movie nuclear family has to look forward to:

Calendar:
Beauty and the Beast March 17 (controversial LGBT remake?)
Barbie May 12 (son, if you wanna see pirates we gonna have to sit through this)
Pirates of the Caribbean: Dead Men Tell No Tales May 26
World War Z 2 June 9 (zombies yay!)
The. Smurfs: Lost Village April 7 (The. Smurfs)
Cars 3 June 16 (#2 bombed)
Transformers June 23 (for RTN's transformational year!)
Despicable Me 3 June 30 (All on this)
And not to be excluded family movie about...killer clowns:
IT September 8

[philanderer] 20/3/2017 11:13

'Dining out saving the high street while retail parks and shopping malls suffer'

[opodio] 16/3/2017 18:25

HSBC reiterates 'reduce' , but increases tp from 265p to 300p

[adobbing] 16/3/2017 17:34

And the bit that most people will miss - "Savills has also been instructed by TRG to acquire new sites across the Midlands, East Anglia, the South of England and Wales"

I know Brunning and Price are looking for more sites, both existing locations and properties to convert and develop.

[philanderer] 16/3/2017 17:10

Get that cash in ;-)

'Restaurant group to sell six more properties'

[philanderer] 15/3/2017 23:34

'Nearly three-quarters of restaurants and pubs eyeing price rises, says industry monitor'

Pubs and restaurants are facing the spectre of rising costs from the business rates review as well as the forthcoming rise in the national living wage. Meanwhile competition within the sector is becoming even more fierce.

Like-for-like sales in February rose 1.7pc, according to the Coffer Peach Business Tracker. This compares well to more moribund retail sales data that recently showed growth in January was at its lowest rate since November 2013.

Restaurant groups had the best of February’s trading according to the Coffer Peach data, with like-for-like sales up 2.4pc nationally on the same month in 2016, boosted by family business during the school half-term holidays.

[gutbuster] 15/3/2017 13:05

Bad luck B&P (highly Commended) but congrats to Cheshire Cat (well done Tim!)last nights Publican Awards...

hxxp://www.morningadvertiser.co.uk/Running-your-pub/Events-Occasions/Publican-Awards-nominees-for-Best-Mainstream-Food-Offer

[thevaluehunter] 15/3/2017 10:50

Weekend cinema box office at £14.8m is up 47% on last year. The comparative next week is £8.5m.

[philanderer] 15/3/2017 08:58

HSBC reiterates 'reduce' , but increases tp from 265p to 300p

[philanderer] 14/3/2017 17:04

UK domestic stocks relying on imports suffering across the board today with that weak £

[thevaluehunter] 14/3/2017 16:55

Also Euro 2016 and Olympics comparatives to come this summer.

[thevaluehunter] 14/3/2017 16:48

Cinema box office figures out tomorrow 72% up yoy last week and 21% up YTD...maybe we'll see a few more headlines like this one in the next few months.

[philanderer] 14/3/2017 15:44

£ at 2 month low , import costs increasing.

Seller unloading today .. 3 million traded and printed so far. Would guess a lot more will be reported after the close.

[philanderer] 14/3/2017 09:25

Telegraph Questor update...


Questor: keep your seat at the table as Restaurant Group shows signs of recovery

[philanderer] 14/3/2017 09:03

14th march Barclays equal weight tp 400p up from 390p

reiterates

[thevaluehunter] 13/3/2017 13:12

Short positions closing.

[thevaluehunter] 11/3/2017 14:04

jaknife, in terms of the valuation also remember they have substantial freehold property as disclosed in the annual report.

[thevaluehunter] 10/3/2017 19:04

Yep, good week for RTN. LFL sales for Q2 last year were horrendous so lets hope they outperform with the menu changes and plenty of cinema goers.

[philanderer] 10/3/2017 17:06

Star of the portfolio this week +17% :-)

Good weekend everyone

[philanderer] 10/3/2017 13:27

Deutsche raises tp from 265p to 290p .... retains 'sell'

[philanderer] 10/3/2017 09:37

Restaurant Group set for turnaround this year, says Liberum


An analyst meeting with Restaurant Group (RTN), which owns Garfunkel’s and Chiquitos, has boosted Liberum’s confidence in the company, which it said would have a ‘transformational year’.

Analyst Wayne Brown retained his ‘buy’ recommendation and increased the target price from 400p to 430p. The stock was trading flat at 368p at the time of writing.

‘The analyst meeting was a confident affair with Restaurant Group’s management team being forthright in their approach but pragmatic and honest in the scale of the task ahead,’ he said.

‘The strategy is based on rebuilding value in the group’s core brand where customer awareness remains strong but value and offer credentials need to be restored.’

Brown said 2017 would be a ‘transformational year’ for the group and ‘while we could see some improvement in performance this year, we think like-for-like sales and volume growth will accelerate in 2018’.

‘Time, refinement, and flexibility will be required to execute the strategy, and we feel confident that expectations have been well communicated in this regard,’ he said.

[luckymouse] 10/3/2017 09:21

free stock charts from uk.advfn.com

[thevaluehunter] 09/3/2017 15:13

Yes the share price chart does look good. The waterfall chart on page 24 "Frankie & Benny’s: addressing root causes of underperformance" lots of green ticks could suggest an upturn in the LFL already.