Ssp Share Discussion Threads

[johnsoho] 24/11/2014 10:02

Hope they are good:)

[philanderer] 24/11/2014 09:32

Results day wednesday :-)

[philanderer] 21/11/2014 12:41

Missed this one from wednesday

19th nov Numis add tp 300p


reiterates.

[philanderer] 20/11/2014 08:44

1 million shares @ 250p shown at 8:12am today. May have been from yesterday , but the best for quite a while.

[philanderer] 14/11/2014 16:13

Seller still active on anything near 246p..... One day he'll be cleared :-)

[philanderer] 12/11/2014 17:39

Evening john , totally agree, top management team as well. I shall be using one of their outlets at Heathrow T5 tomorrow afternoon :-)

[johnsoho] 12/11/2014 17:30

However as a medium and long term investment, I think this company is excellent; short term it moves with the market but I think in the medium and long term, value will out:)

[philanderer] 12/11/2014 16:03

Nope, not going to happen , one of those major holders unloading again. Be lucky to stay positive for the day at this rate.

[philanderer] 12/11/2014 13:43

Maybe having a go at that 250p today ?

Almost 200k traded so far.

[philanderer] 11/11/2014 12:34

Chartwise, 253p looks to be the only resistance.

[philanderer] 11/11/2014 09:18

Morning aj,

chart looks good as well.... just over a couple of weeks until the prelims.

[ajmace] 11/11/2014 08:36

Nice push up today

[philanderer] 10/11/2014 14:10

Major shareholders, which I think is up to date:

EQT IV Ltd 37.5%
Old Mutual 10.7%
Schroders 4.9%
Artemis 3.8%
JP Morgan 3.6%
GIC Asset Mng 3.1%

edit: Schroders notification

[philanderer] 10/11/2014 13:33

Just bought in for the first time.

These are the only brokers I could find...

7th oct Numis add tp 300p
3rd oct Shorecap buy -
1st oct JP Morgan overweight tp 300p
8th aug Oriel buy --


Luck to all.

[johnsoho] 07/11/2014 13:31

Another very nice, full page, buy recommendation in the 6th November 'Shares' magazine; it states that the 'Cash-generative food and drink concessions operator looks tasty'.
It operates around 2000 branded coffee shops, cafés, takeaway restaurants and convenience stores in 29 countries, boasting business at around 130 airports and 270 rail stations and that it's diversified across the Uk, Europe, North America, Asia Pacific and the Middle East and that it serves about 1,000,000 customers every day.
There are concession deals with train station and airport owners via proprietary brands such as Upper Crust and franchise agreements for partner brands that include M&S, Simply Food, Burger King and Starbucks.

[immokalee] 25/10/2014 19:37

Excellent piece John, Swann is a good solid leader.

[johnsoho] 24/10/2014 23:08

Very nice buy recommendation in today's edition of the Investors Chronicle pointing out that the company has strong management, a good geographic spread with growing rail and passenger volumes and the potential to improve their margins.

[rarther] 04/10/2014 12:29

Good luck john... long term always wins! I am not a holder but a keen watcher as i have worked for them.

[johnsoho] 02/10/2014 21:06

Hi rather, you may well be correct with your reasoning, only time will tell. I think barriers to entry are really quite high given the types of locations that SSPG are operating from, Airports, railway stations and the like so given that they are effectively selling to a 'captive' audience, I've purchased a fairly small number of shares which I plan to hold for the long term......but as ever, time will tell !!!

[rarther] 02/10/2014 02:26

I believe EQT are biding their time for an opportunity to bail out of their 50% share in this. They are venture capital yet have been clutching on to this old girl for nearly a decade with no growth in capital (paid £1.20bn in 2005, floated £0.97bn in 2014). They have been looking to sell the company for years but no one wanted it because it was debt-ridden and there are no synergies to be had (instead of bricks and mortar and their own brand they have delicate leases with landlords and franchise agreements with various brands). When they realised no one wanted to buy it they floated it instead and used the funds to reduce the debt and make it more attractive to the market.

Their long awaited profit point is somewhere around this point so I think they will pass the company on to institutions or whoever wants to take the baton when it reaches their target. Just my reasoned opinion.

[johnsoho] 26/9/2014 12:28

Long term chart looks like a rocket !!!

[johnsoho] 26/9/2014 10:03

A performance conditional share award of 218289 shares given to a Director / PDMR which vests in 3 years which I think is encouraging.

[johnsoho] 23/9/2014 19:18

Nice, share price crept up even on a very 'down' day for the market as a whole.....long May this continue

[johnsoho] 22/9/2014 21:42

On 3rd July, SSP announced that they had won a 7 year contact with the owners of Stansted airport ( Manchester airport group) to run five new units with the contract worth £135 million. Really good news I reckon!!!!

The announcement came as MAG ( Manchester airport group) announced a range of improvements that are a part of a £260 million program that includes an £80 million terminal transformation project.

[johnsoho] 22/9/2014 14:46

SSP, a leading operator of food and beverage outlets in travel locations around the world has re-opened the doors of the iconic Paris Gare de Lyon restaurant Le Train Bleu following a major restoration project. Doors were opened on 16 September 2014.