Sureserve Share Discussion Threads

[akcampbell] 28/1/2002 23:23

Volume traded today was tiny. The rumour didn't travel far. Where did you read it?

[bloolee] 24/1/2002 16:35

Back to split price on the offer.

[boris600] 22/1/2002 13:56

The chart looks good to me. Never dipping much below a 10day MA, being backed up by a steadily rising 30day line not far below. If you plot a slow stochastic it looks like the beginning of a new rise.
It looks like SUR will continue to trade in its current channel for some time. I have bought at regular intervals for the last 6 months, and I see it as a good solid buy. But as ever DYOR.

[akcampbell] 21/1/2002 17:37

My guess is that volume will dry up tomorrow. Anybody who wanted to buy on the back of the Sunday Telegraph recommendation would probably have done it today when the offer was sitting at 39p. Oddly, no big sell got booked when the market closed. Maybe it will go through tomorrow morning.

[nemesis] 21/1/2002 16:20

Good to see steady buying throughout the day and not just an initial rush to grab stock.In view of previous institutional buying the £25k buy could signal further stakebuilding,although it could be a sizeable retail buy.I wonder if todays enthusiasm will spill into tomorrow.I wonder what target price Kintaro and Columbia are looking at.

NEM

[akcampbell] 21/1/2002 15:35

Just noticed it. Definitely looking good. Still reckon they will book a big sell when the market closes but maybe someone wants to buy in quantity too now.

[nemesis] 21/1/2002 15:12

Someone just bought £25k at 40p.....looking good.

NEM

[nemesis] 21/1/2002 14:17

Just ticked up to 38p on the bid......looks like they are looking harder for more stock now.

NEM

[nemesis] 21/1/2002 13:15

They have certainly soaked up the buyers today,and look to be heading off more buying activity by raising the ask to 40p.Also with the bid stuck at 37p they dont look as if they are expecting that much more buying activity for the rest of the day.Like yourself i was expecting to see 40p today,but i am still encouraged that the stock is being tipped by the press on its fundamentals.If there is a seller in the background,he has at least expended some of his ammo today and lessened the chance of any weakness in the stock in the near future.

NEM

[akcampbell] 21/1/2002 11:48

Somebody wants to sell though otherwise the market makers wouldn't sit back and sell whatever retail investors wanted to buy at 39p. I'm surprised the price didn't go to 40p+ today. If there wasn't an institutional seller with an order left with the market it would have.

[timbra] 21/1/2002 11:27

Looks like you guys got it right and certainly a lot more activity than the usual 1 or 2 trades per day.

[nemesis] 21/1/2002 00:57

Excellent news,wish i had added more now a few weeks back at 36p when i had a chance.This should propel the share price northwards on monday as the hordes clamour for a piece of the action.Forget buying opportunties in the low 30's Mr Campbell,cant see that happening unless they come out with another profit warning.Looks like you might get your wish to dine at The Ivy sooner than you might have thought and pay off the mortgage to boot.The article touches on the Belgo concept,which in my opinion the group would do well to ditch in favour of rolling out more Stradas.Disposing of the underperforming and expensively located Beer,Mussel and frites sites must be high on the boards agenda in their desire to cut costs.Certainly has cheered up my w/e.Fingers crossed for monday fellow diners.

NEM

[nemesis] 20/1/2002 17:08

Akc,
I could let you have the 3769 you need to bring you up to 200k mark,however i dont think that you would be willing to pay the service charge i would apply on the deal.Your comment regarding Belgo Central piqued my curiosity,there was some speculation a while back that some of the existing sites might be converted to the Strada brand.I would think that we will see an early mark up tomorrow followed by a sharp price as small punters pile in.There might be a buying opportunity when the interest aroused by the tip dies down and a few traders book profits.Others who have held since the share split might also see this as a chance to head for the hills.My advice is stay put,there is definately more to go for.With the illiquidity of the stock,a marginal increase in demand could provide a pretty swift advancement.
I do not see this stock being sub 40p for too much longer.Citywire wrote some very downbeat articles after the two profit warnings and i seem to remember the words wouldn't,bargepole and touch appeared quite frequently.Looks once again like a classic case of financial journalists helping bundle small investors out of a temporarily troubled stock,so that the big boys can move in and hoover up stock at rock bottom prices.As the old adage goes small money out big money in. If i was a cynical man i might believe that some journalists were paid to rubbish and hype stock,but of course at no financial gain to themselves.Perish the thought.

NEM

[99] 20/1/2002 15:16

Damn, The Sunday Telegraph has done the PR work on behalf of akcampbell (posts 95 & 96). Looks like my plan to buy more 'cheap' stock on Monday has been well and truly blown out of the water.

Looking forward to a good day tomorrow !

[akcampbell] 20/1/2002 13:59

No I don't think I will get the opportunity to buy more in the low 30s either without another profit warning. I hold 196,231 and will top up to 200,000 at any price when I get the cash because I have a thing about holding an odd number of shares. I agree with your Belgo comment. They are doing some work at Belgo Central. Most of the restaurant front was behind construction boards when I went to a bar opposite yesterday afternoon.

[akcampbell] 20/1/2002 09:12

More good news. Signature are a Buy in the Sunday Telegraph today.

Signature Restaurants

SIGNATURE Restaurants (37p) has provided little nourishment for shareholders of late and the shares are sitting on a price/earnings ratio of just four, a rating that has attracted numerous investors interested in undervalued assets and the prospect of corporate action.

The company is chaired by Luke Johnson, a columnist for The Sunday Telegraph. There are no plans to take the company private, but the shares are cheap and existing shareholders are unlikely to accept such a poor rating for long, particulary for a profitable company.

Two profits warnings in the autumn maintained negative sentiment toward the stock but with strong performers such as The Ivy and the developing Strada chain doing well, there are grounds for optimism.

The group's original Belgo concept may have run its course but the shares could yet surprise. Buy.

[jeff h] 19/1/2002 15:53

AKC... you beat me too posting the Indy article.

I find it quite encouraging that the management can
improve an acquired restaurant.

There was a small piece in Investors Week as well on
(I think)Bank.... had an analyst speculating that Bank
unlikely to be around in its current form for much longer
... speculated that it could merge with Signature, though
this was one of a number of options and only a possibility.

[99] 19/1/2002 09:55

Thanks for the PR work Mr Campbell. Don't tell everyone just yet though, want to pick up some more cheap stock !!

[akcampbell] 19/1/2002 09:18

Fish Restaurant Survey, The Independent Jan 19, 2002

THE 50 BEST PLACES TO EAT SEAFOOD The country that invented fish and chips is home to some of the finest fish restaurants in the world. From traditional English to Japanese sushi, Jenni Muir and our panel of experts tell you where to sample the best seafood

THE PANEL

Elizabeth Carter, editor of Les Routiers British Guide; Japanese food expert Emi Kazuko, author of several books including Cafe Japan (Conran Octopus); and restaurant critic and guide editor, Mario Wyn-Jones

Number 1

J SHEEKEY

"This is the best seafood restaurant in London," says Emi. "The Japanese are usually very critical of the quality of fish when they come to the UK, but whenever I have visitors, I know that I can bring them to J Sheekey in total confidence. The selection is remarkable - even better than some good sushi restaurants." Mario agrees: "It's much improved since being taken over by the Ivy-Caprice group, and a perfect pre-theatre spot for accomplished, classic seafood dishes in a sophisticated, stylish setting.

Where: 28-32 St Martin's Court, London WC2 (020-7240 2565)

[jeff h] 14/1/2002 21:18

AKC there's plenty of flash cars up here mate, and besides you can
actually drive them as the roads aren't as congested..... no wonder
why they call London.... Smoke City.

Anyway, I dont know about affording flash motors but if you lot down
there could afford a meal we wouldn't have had a profits warning and
be hoping for a takeover as the main hope of giving us all a profit
out of Signature would we !

Sounds like good news anyway AKC...so long as the new openings pull in
the dosh, and there's no reason to think otherwise.

All we need now is the return of high spending individuals to frequent
the outlets....we cant rely on the Yanks, so Santa,Marty we'll just
have to go down ourselves.... poor Luke must be down to his last £50m

Keep feeding us with the information AKC, as you know we are too lazy
to find out anything for ourselves

Best wishes mate....... Jeff H

[akcampbell] 14/1/2002 20:02

Hey Scousers!!! A bird at Signature told me that the Clapham Strada opens at the end of this week and that another Strada will be opening in 6 weeks. You should come down and check it out. There will be plenty of flash motors to nick in Clapham so you don't have to worry about getting home.

She said that Signature were still actively looking for new Strada sites so I don't reckon Christmas trading can have been that bad. Looking back at previous years we don't usually get interim results until the end of February / beginning of March.

Do you lot read Luke Johnson's Maverick articles in the Sunday Telegraph? I started reading them 3 weeks ago and I'm hooked. Santa when I am going to be able to pay off all those bills you promised from my Signature booty?

[jeff h] 12/1/2002 13:08

Marty I live by Walton Church.....

Santa, here from you Monday then....there's
a few of us going out after work Friday, so
put that in the social diary.

An article on Johnson/Osmond and a bit on
Signature in this weeks Investors Weekly,
but it dont say anything new

[martybuffet] 11/1/2002 23:40

Whoooooa! Im from Orrell Park! Where about in Walton?

[santangello] 10/1/2002 11:39

Yep scouse Santa here.
Hi to the locals....

Jeff, Strada sounds good.
Back in work next Monday.
Lunch and a good chat next week ?

Be lucky,
Santangello.

P.S, I'm in Woolton !