Tasty Share Discussion Threads

[citys2874] 10/6/2024 08:28

Expect TAST and KRPZ to breakout today

[crescenter] 06/6/2024 16:05

Clearly I was wildly optimistic when I bought in some time ago but we are where we are and at the current market cap it is little more than option money on a better outcome.

I continue to hold my 1m shares at an averahe price of 1.83p.

I note that there has been a pump going on again and some have flipped to make a couple of quid but the big money will be in buying and holding for up to five years rather than five minutes.

Anyway back to sleep.

[blakesmith] 05/6/2024 16:02

The Slag now pumping tast the dog

[citys2874] 05/6/2024 15:22

TAST and RTOP having a good should rise into close

[pugugly] 05/6/2024 14:36

BA of BA is still BA. Creative is very applicable word. However plus side is that many lowly paid worker get to keep their jobs (imo)

[glavey] 05/6/2024 14:07

Nice creative spike in the share price being generated somewhere.

[tabhair] 09/4/2024 15:18

Restructuring plan in place, expensive debt and potential dilution, 20 loss making sites.

Ouch.

[pugugly] 05/10/2023 12:40

Very sour taste and prognosis probably getting sourer.

[crescenter] 06/9/2023 10:23

Upgraded FY outlook for RTN.

Read the runes.

TAST is on the road to recovery.

[crescenter] 04/9/2023 15:24

Less than two weeks until the interims show steady progress on the path to recovery.

[crescenter] 04/8/2023 07:27

Well that flurry of activity looked like an organised pump and dump.

I don't use LSE or III. Was it on one of those boards?

[asagi] 02/8/2023 21:07

It is my understanding that the company knows no more about the reason for today's spike in price than I do i.e. nothing. So there is no point shareholders contacting the company to ask for their explanation as you likely won't get much more than 'more buyers than sellers'.

Asagi (long TAST)

[roberth176] 02/8/2023 13:11

Get out speeding ticket now coming as i have forced on from them

[crescenter] 02/8/2023 12:30

I hope not unless it as at 20p +

[balcony] 02/8/2023 12:19

maybe a bid coming.

[crescenter] 19/7/2023 08:22

Encoraging to note the continued ,omentum in the RTN trading update.

Almost certainly this will have been replicated by TAST on its path to positive cashflows and profitability.

Strong buy at these levels.

[crescenter] 09/6/2023 14:29

It's casual dining business with all the trials and tribulations that go with that.

Up until 2016 they were on a roll, probably expaned too quickly with suboptimal sites, but 2017 saw significant industry wise head winds(RTNs trading updates from that time mirrir those of TAST).

Then of course they and others then of course they were blown completely of course by covid and the impact of the Russian invasion of Ukraine.

Time will tell but I'm backing them as a recovery.

[arthur_lame_stocks] 06/6/2023 22:23

I'm a bit bored tonight so I took another look at the results. I still think these are headed for insolvency. The net cash figure looks impressive and gives the illusion of a margin of safety but they actually have net current liabilities. I know these sort of businesses have the advantage that they get credit from their suppliers whilst their customers pay on the spot but what if their suppliers get nervous and demand different payment terms?

The staff costs have skyrocketed presumably due to the big increase in the minimum wage, whether they can increase their prices enough to recover this extra cost without losing business remains to be seen.

I did see an article somewhere recently (can't remember where) stating that much of the casual dining sector was unprofitable and that the whole sector was facing a bit of an existential crisis.

Looking at the P&L this looks like it has always been a fairly poor business and given the particular difficulties facing them at the moment I don't see any reason to believe things are going to get any better for them this year.

[crescenter] 17/5/2023 08:45

A few aella dripping through so we may see a tick down.


Foolish sellers.

[crescenter] 12/5/2023 18:31

The rearate is underway.

Look foward to 20p in the next 18/24 months.

[crescenter] 12/5/2023 09:06

All quiet here although recent buys have seen L2 strengthen with all MMs on the bid and only one on the offer.

[crescenter] 04/5/2023 12:21

Yes that was my view at one time but for the reasons I outline above I am no longer of that view.

Thank you for your your input though and bringing the thread to the top.

Every little helps.

[arthur_lame_stocks] 04/5/2023 11:58

I reckon these will go broke in eighteen months time.

[crescenter] 04/5/2023 11:20

TAST is much smaller and more nimble than RTN.

TAST has cash that is greater than its market cap while RTN has debt that is 450% greater than its equity.


TAST offers a much greater opportunity for capital appreciation as the market for dining continues to improve into April(as per RTN TU)

[crescenter] 04/5/2023 11:17

The Restaurant Group issued a trading update on May 2nd which reiterated what TASTs BoD has said:

TIDMRTN

RNS Number : 9836X

Restaurant Group PLC

02 May 2023

The Restaurant Group plc

The Restaurant Group plc ("Group" or "TRG")

Encouraging trading momentum through the first four months of the year

TRG today provides a trading update for the first four months of the financial year :

-- Current trading continues to be very encouraging
-- Good progress on cost saving initiatives delivering c.GBP5m of incremental cost savings on an annualised basis

-- The combination of current trading and incremental cost savings achieved provides confidence that TRG is tracking ahead of management expectations on its medium-term margin accretion and deleveraging plans

Very encouraging trading momentum continues into the second quarter