Ssp Share Discussion Threads

[soundbuy] 16/5/2018 09:16

Aye, growing into it's valuation.........

[philanderer] 16/5/2018 09:14

Kate Swann 👍

[soundbuy] 16/5/2018 07:40

Lovely.........

[sogoesit] 15/5/2018 09:12

May punt some more cash in here on weakness ahead of results tomorrow... albeit I just missed 630'ish... hmmm...
anyway the dirty deed is now done at around 635.

[philanderer] 14/5/2018 13:31

Interims wednesday

[philanderer] 14/5/2018 09:56

:-)


14th may Deutsche hold -

reiterates

[philanderer] 08/5/2018 17:12

Goldmans for some reason bothering to cut their target from 594p to 590p. ...retaining 'sell'

[philanderer] 04/5/2018 13:59

Liberum reiterating 'buy'

[philanderer] 01/5/2018 18:56

Sogoesit, I've been adding a few each time they report results :-)


Airport expansion leads to massive jobs boost


A massive recruitment drive has been launched to fill 1,200 jobs at Gatwick following the airport’s continued expansion. More than 800 jobs are available at the airport’s shops and restaurants

Read more at:

[ihatemms] 01/5/2018 14:55

There's plenty in this stock. I've been buying all the way up on t20's (plus a core holding) up to h2 figs on 16 May 2018.

[sogoesit] 01/5/2018 14:45

Have you been buying the stock, phil ;-)?
There's only you & me in this and its not me!! Lol

[philanderer] 01/5/2018 09:57

Europe’s busiest aviation hub has reported another record quarter.

Almost 200,000 passengers a day passed through Heathrow Airport in the first three months of the year.

Between January and March 2018, 17.7 million passengers used London’s leading airport, a 3.1 per cent increase on the first quarter of 2017. The sharpest rises in traffic were to Latin America (6.9 per cent) and Africa (6.5 per cent).

[philanderer] 01/5/2018 09:28

Bl++dy whoosh !! :-)

[philanderer] 27/4/2018 09:37

Yep , dividend paid early today into my Selftrade account :-)

[sogoesit] 26/4/2018 18:34

Ah, that’s why. I was wondering.
Thanks for clarification, phil.
Payday tomorrow!

[philanderer] 26/4/2018 17:34

I see Chairman, Vagn Sørensen who has been under pressure from the City because of his
excessive numbers of boardroom roles has stepped down as chairman and non-executive director of Scandic Hotels Group AB with effect from 26 April 2018.

[philanderer] 24/4/2018 10:04

Numis identifies growth drivers at SSP


Shares in Upper Crust owner SSP (SSPG) have fallen since its first quarter update but Numis believes there are both short- and long-term business drivers.

Analyst Tim Barrett retained his ‘add’ recommendation and target price of 710p on the shares, which were trading at 649.5p yesterday.

The shares have fallen 7% since the update in January, despite reporting a strong start to the year.

Barrett said there were ‘two long-term earnings drivers: margin upside from labour efficiency and scope for market share gains in the US’ as well as ‘shorter term, reassuring recent passenger data’ that suggests a ‘strong first-half performance is likely’.

He added that there was ‘substantial upside’ to the valuation ‘in which we have high conviction given management’s strong track record’.

[philanderer] 23/4/2018 10:09

23rd april Numis add tp 710p

reiterates

[sogoesit] 19/4/2018 09:44

And it cameth to pass (the break-out, that is!).
650p new price is 629p old price w/ dividend.

[sogoesit] 18/4/2018 10:13

Would be interesting to know how much these "brands" get paid.
SSPG Operating profit margins are slim, 6.8%, and there must be a performance element in any relationship.
These costs aren't detailed in the accounts as far as I can see. The only allusion to them I am guessing is under "Overheads". Last year "Overheads" were 11.2% of gross revenue. So the brands' themselves must get much less.

Still, I'm here for growth and they seem able to grow profitability too so scale and efficiency, hand in hand, must be the name of the game.

Note: Crussh is not a profitable business having made an operating loss the last 2 years (70% of its costs were in Labour & Admin although the directors managed to earn a (relative) fortune!); so not in great shape to make a good deal! Its balance sheet looks worse, dependent on creditors.

[soundbuy] 18/4/2018 09:43

Robust this am.

[philanderer] 17/4/2018 20:51

"Crussh Announces Partnership with SSP Group"


Crussh, the Fit Food & Juice specialists have announced a franchise partnership with SSP, a leading operator of food and beverage brands in travel locations worldwide.

The deal will see the London-born brand expand and enter transport hubs across the UK and Europe over coming years.

The first site is due to open in May 2018 at London Paddington station, with a pipeline of additional outlets under discussion.

The new sites will stay true to the Crussh Fit Food & Juice Bars classic menu, offering freshly made juices, smoothies, salads, wraps, hot food, and organic coffee.

[sogoesit] 17/4/2018 09:23

Hopefully we get the awaited break-out soon...

The shares I bought on 13/04 converted properly so there was in fact no differentiation between shares on the ex-dividend date of 12/04 and thereafter.

[philanderer] 16/4/2018 12:20

All corrected to the new holding in my Selftrade account this morning.