Ssp Share Discussion Threads

[sogoesit] 03/7/2017 11:25

Seeded this today at 474.
Looking to accumulate below 500 and expecting 40% plus growth in share price on a one year view so targeting 700p... probably optimistic but want in on a caterer as I always missed out on Compass Group.

[philanderer] 28/6/2017 00:09

More passengers and higher spending in retail outlets prompts Heathrow to up profit guidance

[broadwood] 21/6/2017 08:22

phil. Yes, just saw that.

Grist to the mill.

[philanderer] 21/6/2017 08:13

HSBC initiating coverage today with BUY and 540p target

[philanderer] 31/5/2017 17:51

Xd tomorrow morning for around 3p from memory

[sogoesit] 29/5/2017 02:49

Hi, I'm new to this stock after some research led to noticing the recent acceleration in the share price from beginning this year. share price growth is now running at about 125% pa compound so looks pretty juicy.
Looks like Kate Swann may be behind this so gives a lot of confidence in future execution and growth.
From the half-year it looks like EPS growth this year could be about 25% giving an EPS of about 19+p for the full year. On this basis, and awarding a PE of 25 makes the pricing all-in for the time being but looking good on revenue growth nevertheless.

My only issue is that I see 75% of earnings appears to accrue in the second half of the year. Is this because the main exposure is to tourist travel in the northern hemisphere?
If so, this is probably the major risk albeit that acquiring new outlets worldwide appears to be the main growth driver.

Haven't dived in yet but looking to seed this with a few CFDs next week.. if I'm not too late!

[philanderer] 24/5/2017 13:39

24th may Canaccord sell tp 410p up from 375p

[philanderer] 23/5/2017 21:19

May 23, 2017

Numis Reiterates GBX 510.00 Target Price per Share On SSP Group Plc (LON:SSPG) Shares, Reiterates Their Original Add Rating

[philanderer] 22/5/2017 23:11

'2 momentum stocks expected to deliver double-digit earnings growth'

Restore(LSE: RST) and SSP Group (LSE: SSPG)

[philanderer] 22/5/2017 20:54

BlackRock loading up :-)

[philanderer] 22/5/2017 13:56

22nd may Panmure hold tp 450p up from 400p

[broadwood] 19/5/2017 10:54

Must admit. they flew under my radar.

[philanderer] 19/5/2017 10:41

Always the case, I nearly bought some BRSN last friday :-)

another one just in..

19th may Citigroup buy tp 530p up from 450p

[broadwood] 19/5/2017 10:25

phil - I nearly bought some six months ago but went for something else.

Never mind, I hope there's 10% left for me.

Ms Swann did a great job at WHS. I thought it was a hospital pass but proved very wrong.

[philanderer] 19/5/2017 10:20

Morning bw , they`ve been well received . Kate Swann 'doing a WH Smith' all over again ;-)


19th may Morgan Stanley equal weight tp 450p up from 360p
19th may Kepler hold tp 455p up from 440p
19th may JP Morgan neutral tp 400p up from 395p

[broadwood] 19/5/2017 08:20

Good momentum so far on those figures.

[broadwood] 18/5/2017 13:33

- SSP Group has posted a statutory H1 pretax profit up 48.6% to £33.0m, with operating profit gaining 39.8% to £41.8m.

"The group delivered a good financial performance in the first half of the year with solid like-for-like sales growth, strong net gains and improvement in operating margin," it said in a statement.

Like-for-like sales growth was 2.9% in the half, versus 3.3% in the same period a year ago. Underlying operating margin was 4.0%, from 3.4%.

"The second half has started in line with our expectations and the pipeline of new contracts is encouraging," the company said.

"We expect a similar contribution from net gains in the second half, although it is always difficult to predict the precise timing of the opening of new units."

Looking forward, with the current level of general economic and geopolitical uncertainty, SSP said it continued to plan cautiously, anticipating slightly lower like-for-like revenue growth, and on-going increases in food and labour inflation in the second half.

"However the significant structural growth opportunities and our programme to deliver operational improvements, leave us well placed to continue to deliver both for our customers and our shareholders."

[philanderer] 18/5/2017 10:37

Caffe Ritazza owner says price rises a 'last resort' in inflation battle

[philanderer] 18/5/2017 10:22

'North America, Asia Pacific drive growth at SSP Group'

[philanderer] 18/5/2017 09:46

Top notch :-)


18th may ShoreCap buy -
18th may Panmure hold tp 400p

[broadwood] 18/5/2017 08:14

Bought some at the off.

[philanderer] 17/5/2017 20:17

Interims tomorrow.

[philanderer] 15/5/2017 20:52

SSP Group plc opens state-of-the-art conference centre in Düsseldorf Airport

London, 2017-May-15 — /EPR Retail News/

— SSP Group plc, a leading operator of food and beverage outlets in travel locations worldwide, has partnered with Düsseldorf Airport to open a state-of-the-art conference centre in the heart of the airport

[philanderer] 11/5/2017 09:51

11th may JP Morgan neutral tp 395p cut from 400p