Tasty Share Discussion Threads

[che7win] 09/8/2017 07:21

This is a terrible update, profits more or less wiped out, they need drastic action to remedy this IMHO.

[jonc] 09/8/2017 07:19

Not good. It's going lower.

[totalgeek69] 28/7/2017 09:04

Yeah.... Like I said sector is going through tough times... Last time I went to Pizza Express it cost 20% more so I stopped going there. Used to go 1-2 times a month...

[che7win] 27/7/2017 14:37

I am watching, their store in Lincoln was empty a couple of weeks ago - anecdotal evidence I know, but then CAKE was also quite empty.

The thing I noticed was how big the Wildwood restaurant was - much bigger than elsewhere, I wonder if thats part of the problem?

[fillipe] 27/7/2017 14:28

Incidentally, there's not a sniff of a broker/any old tout forecast , anywhere - at least as far I can see.

The last tp I see is W/house 17-4-2012 @ 60p, when the share price was 60.5p - or so I read.

Obviously no-one is "chancing their arm" with any numbers.

f

[fillipe] 27/7/2017 14:18

There's that saying..." don't ever fall in love with a share - it'll never love you back"....Tasty certainly fits.

f

[totalgeek69] 27/7/2017 13:06

At the end of the day it boils down to what will happen to casual dining in the medium term. Costs are rising and disposable incomes are shrinking. However this affects the whole industry.

The shrewd operators in this sector will be reducing costs and operating value for money for consumers. I believe the Wildwood format achieves the value for consumers.

The costs side we will find out when the results come in September. If they can achieve the control of costs then they can continue to proceed with the rollout as other more costly operators are closing down as their customers seek value.

[hybrasil] 27/7/2017 13:03

I'm down 22% and would normally sell
But the fall seems overdone. I hope!

[jonc] 27/7/2017 12:36

Believe me if I detect any sign that all is good I will be buying.

[totalgeek69] 27/7/2017 11:50

Yeah Jon... Their last two statements have forwarned about this and they are addressing the situation by reducing rollout and going back to basics.. The Wildwood format is working well and they have just opened a new restaurant in Birmingham which seems to have favourable reviews... The whole sector is not seeing the best of times it seems...

[jonc] 27/7/2017 11:39

I take your point but I reckon that some of these 63 are under performers and lease obligations are a liability not an asset. To what extent is the question.

[totalgeek69] 27/7/2017 11:14

Well here is a positive... Market Cap of 27Million for 63 restaurants and a potential PE of around 10... Whats not to like?

[jonc] 27/7/2017 10:44

In desperate need of some positives here.

Nothing to halt its decline.

[hybrasil] 25/7/2017 11:11

Whoops- Not my brightest

[lbo] 25/7/2017 09:55

https://www.thetimes.co.uk/article/prezzo-trims-the-fat-and-puts-weak-restaurants-up-for-sale-qwj3b08ft

[rimmy2000] 12/7/2017 12:35

agree, some 5,000 shares sold causing the drop

[hybrasil] 12/7/2017 11:57

I read, not without trepidation the fulham shore results this morning.

They show that if you run a good ship with value for money that you can make money.

Certainly a drop this morning on very little volume.

[jonc] 12/7/2017 10:05

Another lurch down.

[hybrasil] 28/6/2017 12:26

Sorry predictive text on my iPad

[hybrasil] 28/6/2017 12:26

Comptoir shares Starr ting to lift

[investopia] 23/6/2017 11:48

A little bit of perkiness in the shares over the last couple of days

[hybrasil] 13/6/2017 11:40

the stock market overreaction always tickles me.
This is now valued at about £.5 million a restaurant. Not that long ago it was £1.5 m
Both values I hope and suspect are wrong

[eastbourne1982] 06/6/2017 14:19

Another warning could see a typical market overreaction which takes this down to 25p - 40p, a market cap of anything below 20 million would start to look very tempting especially if the balance sheet remains fairly healthy, this is a dog of a sector right now with a lot of negativity around it, see the likes of RBG and COM.

[jonc] 06/6/2017 13:11

Sadly I see this at 30p some time soon.