Ssp Share Discussion Threads

[philanderer] 12/7/2017 09:03

Kate Swann is going to do a WH Smith with this shareprice ;-)


12th july ShoreCap buy -
12th july Liberum buy tp 540p
12th july Numis add tp 510p

retentions

[sogoesit] 12/7/2017 08:54

Positive market reaction; looks like it is being awarded a PER of 25 on forecast full year EPS growth of approx. 25% (PEG: 1.00) in broad terms.

[broadwood] 12/7/2017 08:03

SSP Group said its Q3 revenues were, on a constant currency basis, up 14.6%, with like-for-like sales growth of 3.6%, net contract gains of 7.6% and an additional 3.4% of revenue from Travel Food Services in India (TFS), compared with the same period last year.

"At actual exchange rates, given the weakening of Sterling against most currencies compared with the same period in the prior year, total group revenues for the period increased 21.7% year-on-year," the company said.

For the nine months from 1 October 2016 to 30 June 2017, total group revenues increased 10.4% on a constant currency basis, including like-for-like sales growth of 3.2%, net contract gains of 4.8%, revenues from TFS of 2.8% and a negative impact of -0.4% arising from the additional leap year day in 2016.

At actual exchange rates, total Group revenues increased 20.4% year-on-year.

Looking forward, whilst a degree of uncertainty always existed around passenger numbers in the short term, particularly in the current environment, SSP was well placed to continue to benefit from the structural growth opportunities in our markets and to create further shareholder value.

The company said trading results from outside the UK were converted into sterling at the average exchange rates for the period.

"The overall impact on revenue of the movement of foreign currencies (principally the Euro, US Dollar, Swedish Krona, and Norwegian Krone) during the first three quarters of 2017 compared to the 2016 average was 10.0%. If the current spot rates were to continue for the rest of 2017, we would expect a positive effect for the full year of around 7.0%."

[philanderer] 11/7/2017 17:43

Heathrow sees record figures as cloud hangs over expansion

[sogoesit] 08/7/2017 10:09

And train line disruptions are not going to hurt this company's business that's for sure.

I see from your article post, 343, Phil that their restaurant at Visakhapatnam Station in India won an award... I'll be sure to check it out on my next market research trip ;-).

EDIT: Accumulating tomorrow, 10/07, pre-trading update.

[philanderer] 08/7/2017 00:17

SSP Opens Two New Food Offerings at London Paddington Station


SSP Group plc has opened a new restaurant and a new bar at London Paddington station.

The new units are healthy eating brand Leon and bar concept Cabin. The Leon outlet measures 2,700 square feet, and is the second Leon outlet to be opened by SSP. The Cabin, which extends over 2,300 square feet, is SSP’s own concept and has already proven highly popular at other locations such as Waterloo station as well as Manchester, Stansted, Bristol and Newcastle airports.

The new developments are located on the balcony, a seating area that overlooks the concourse in the area known as "the lawn."

[philanderer] 07/7/2017 12:03

Ooops , too much sun on the head :-) Thanks Sgi

[sogoesit] 07/7/2017 11:55

Thanks for alert, phil, I didn't have that in my calendar.

[philanderer] 07/7/2017 11:31

Added a few more today.

edit: Q3 trading update next thursday

[philanderer] 06/7/2017 17:27

“The very best in rail and airport food & beverage”: SSP Group celebrates its FAB Awards

[philanderer] 05/7/2017 20:31

.........Elsewhere, Liberum began covering a number of UK-listed leisure stocks with a “neutral” sector stance. The broker’s top picks include Compass, SSP and Greene King.

[philanderer] 05/7/2017 11:57

Nice one :-)

[sogoesit] 05/7/2017 11:17

Liberum initiates today with BUY - TP 540p.

[philanderer] 05/7/2017 08:41

5th july JP Morgan neutral tp 405p up from 400p

[philanderer] 04/7/2017 10:42

iCoupon rolls out digital voucher solution for delayed travellers


Digital voucher specialist iCoupon has introduced a digital solution to replace paper vouchers offered to passengers affected by flight delays. To date, airlines and ground handlers including Ryanair, Jet2, Finnair and Swissport, as well as food & beverage specialist SSP, are using the solution.

SSP Group says the iCoupon system has had a “positive impact” on customer experience.

SSP Group Chief Commercial Officer Mark Angela said: “iCoupon enables us to scan the boarding pass from participating airlines to redeem the value of their digital vouchers against the passengers’ open invoice at point of sale, quickly and easily. iCoupon captures the transaction details for both us and the airline so we can quickly and easily invoice the airline for the redeemed totals.

“Traditionally, we would have had to process tens of thousands of vouchers manually, but iCoupon has enabled us to automate this where the airline is within the iCoupon framework, and it has had a tremendously positive impact on both our operational efficiency and our customers’ experience for delay compensation.”

[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)