Restaurant Share Discussion Threads

[adobbing] 21/5/2017 21:06

Agreed.
Even in the so called "worst case scenario" of WTO tariffs, as a net importer we actually stand to gain rather than lose.
People aren't going to stay at home forever more crying into their last bottles of duty free, they will still go out and probably spend more in the UK than previously.

[thevaluehunter] 21/5/2017 20:48

The big question is whether that has all been priced in, and some, already. When people realise that brexit is just a minor change in our trading relationship (even if tariffs go on) I'm sure that sterling will strengthen again.

[opodio] 19/5/2017 21:25

will warn like revolutrion bars

[philanderer] 19/5/2017 20:47

Oh well. stopped out this afternoon.

Luck to all and a good weekend everybody.

[philanderer] 19/5/2017 13:54

RBG feeling the pinch today, usual story...higher business rates bills, increased wages and the new apprenticeship levy.

[thevaluehunter] 18/5/2017 10:52

RTN balance sheet pretty good too, lots of freeholds plus almost no debt.

[thevaluehunter] 17/5/2017 18:08

Reckon the MAB +ve LFLs were due to the soft comparatives from last year. RTN has a significantly lower base to work from.

[philanderer] 17/5/2017 09:11

Rising wages and food price inflation have knocked profits at the owner of Harvester and All Bar One, despite rising sales.

Mitchells & Butlers said its margins had been hit by factors such as the National Living Wage, higher rents and the rising cost of food and drink.

Adjusted operating margins were 0.9 percentage points lower at 13.3pc, which appears to have fed through to a drop in profits for the first half of its trading year

[thevaluehunter] 16/5/2017 14:35

Should be some soft comparatives coming up with the euro and olympics on last year. AGM trading update soon should be interesting.

[philanderer] 12/5/2017 10:46

Quite a heavy F&B advertising campaign on Talksport radio pushing the new menu.

[thevaluehunter] 11/5/2017 14:04

Peach numbers looking pretty good for April.

[thevaluehunter] 08/5/2017 20:39

Definitely divides opinion. I think some may have underestimated the impact of cinemas sites on the sales performance.

[philanderer] 08/5/2017 11:11

No doubt about it , this is a high beta share :-)

[philanderer] 05/5/2017 00:14

Daily Mail , friday:


MARKET REPORT: Cheap menu items at Frankie & Benny's leave a bad taste with a projected £13m profit loss


Restaurant Group slid down the FTSE 250 after a broker said the new menu at its Frankie & Benny’s chain of restaurants could slash profits.

Following a visit to the chain’s Milton Keynes restaurant, analysts at Peel Hunt cut their profit forecasts for the firm by 8 per cent and retained their ‘hold’ rating.

According to the broker, the number of main dishes priced under £10 rose from five to 22, with prices on average falling 9.5 per cent.

With burger prices falling by more than 12 per cent and starters by nearly a quarter, Peel Hunt called the move a ‘radical step’.

Restaurant Group said it now expects profits to fall by £22 million this year, with £13 million of these losses resulting from Frankie & Benny’s lower food prices.

The firm has been battling increased competition from pubs and a drop in visitors to retail shopping parks, where many of its outlets are located.

Last month, finance chief Barry Nightingale left the firm less than a year after he was brought in to turn around the business. Shares fell 4 per cent, or 14p, to 335.5p.

[philanderer] 04/5/2017 17:02

Hopefully chart support around 328p , after that looking like that february low of 290p

[thevaluehunter] 04/5/2017 17:01

Page 26 of the results presentation shows the impact of the 2.1% decline in cinema admissions in 2016. This year cinema admissions so far are up 11.4% vs last year so should be quite a significant tail wind for RTN .

hxxps://www.cinemauk.org.uk/the-industry/facts-and-figures/latest-uk-cinema-statistics/monthly-admissions/

[philanderer] 04/5/2017 12:18

Poor news from Pizza Express yesterday...


'Tough dining market takes a bite out of Pizza Express's UK growth'

[philanderer] 04/5/2017 09:14

Takeover talks failed ? ;-)


Peel Hunt reiterating 'hold' this morning with 350p target price.

[adobbing] 03/5/2017 09:48

You need a minimum of 250 and if yours are held in a nominee account, you need to get them to request on your behalf.

Unless they are "certificated" you won't appear on the shareholders register, so they won't know to send them to you

[gutbuster] 03/5/2017 09:22

I must have missed out on last year's as I started buying around this time - do I need to do anything to qualify. I buy shares through my bank....

[adobbing] 03/5/2017 08:37

2017 shareholder 25% discount vouchers dispatched last week, last year's expired on Sunday.

250 or more shares qualifies you, but if yours are held in a nominee account, you need to get them to request on your behalf.

[philanderer] 02/5/2017 09:50

I`d say the market has got it wrong and bracketed us in with that disappointing update from JE. this morning.

[adobbing] 29/4/2017 07:51

Opened this week.
Another cash cow to fill the coffers!