Tasty Share Discussion Threads

[ken chung] 11/4/2019 09:31

Awful wide spread locking in the lemmings and mushrooms s.Still a fine short.

[bookbroker] 11/4/2019 09:25

Pizza very much y’day, only got to see how Pizza Express trading, losing money for their VC operator’s, Domino’s not exactly booming these days.

[tabhair] 22/3/2019 14:42

It's this bit in the commentary that would worry me.

"Trading over the Christmas period was positive, though the uncertainty of Brexit has meant that 2019 has started slowly."

H1 2018 was awful, so for management to talk about 2019 starting slowly is extremely concerning as LFL's are already on the floor. Additionally, is Brexit really a very good excuse for poor trading conditions? These guys are selling cheap pizza and pasta, not property or expensive large capital goods. The proposed capital gives a clear incentive for management to keep the share price low to gain greater control of the company.

[mrphil] 20/3/2019 14:21

I see the last buy went through at a slightly lower price although the bid has increased. Still far more buys than sells so clearly plenty think this drop is overdone.

[totalgeek69] 20/3/2019 12:35

The title should read "Investors are clearing up tasty.... "

[totalgeek69] 20/3/2019 12:33

Investors clearly are not deserting at this price... Today so far 660000 buys as opposed to only 60000 sells...

[lbo] 20/3/2019 11:47

https://www.proactiveinvestors.co.uk/companies/news/216827/investors-desert-tasty-as-it-swings-to-a-loss-and-warns-therell-be-no-improvement-in-2019-216827.html

[totalgeek69] 20/3/2019 09:22

Well I have topped up... Results are pretty bad but as expected...

Loss of £367k before exceptionals..

Market Cap of £4m with 58 restaurants.

£4m cash in the bank to pay down debt due this year I presume so remaining debt will be down to £3m looks like it might just pull through....

I had a meal in one of their restaurants last night. Quality has improved and it was busy for a Tuesday night.

In my view our country will start to sort itself out now (hoping!) and we can all go back to eating out and enjoying ourselves after the last two gloomy years...

[totalgeek69] 18/3/2019 14:27

Interesting volume today... 10000 sell and it goes down then 70000 buys and it doesn't budge... Results due soon....

[lbo] 19/12/2018 06:17

https://www.bbc.com/news/business-46571992

[totalgeek69] 18/12/2018 10:18

Also LBO.. In answer to your previous post 28Nov.. Why aren't the directors buying... Because they already hold quite alot of shares and do not need to buy until the upsides are nearby...


Directors Holdings Shares Percentage
Sam Kaye 10,750,589 17.99%
Adam Kaye 7,236,559 12.11%
Jonny Plant 4,154,579 6.95%
Keith Lassman 333,185 0.56%

[totalgeek69] 18/12/2018 10:10

Thanks for highlighting that the competition have capitulated LBO. Puts chains like Tasty and FUL well placed to benefit from the upside after Brexit.

[arthur_lame_stocks] 28/11/2018 15:56

Probably because they don't want to end up as stuffed crusties.

[lbo] 28/11/2018 15:53

Why aren't the Directors buying?Gold Investors Target Executives With Less Skin in the Game https://www.bloomberg.com/news/articles/2018-11-27/coalition-of-gold-investors-says-exec-ownership-key-to-returns

[jeevsje] 28/11/2018 12:48

Looking at the chartz this has bounced off the 10p levels previously. Could move to mid-teens quite quickly, this was where it was before the suspicious trades just prior to last RNS.

[tomgreg] 23/11/2018 10:55

Equity Capital does not necessarily mean a rights issue. A rights issue for only GBP 500,000 would be a very expensive way to raise funds in terms of fees and admin so I doubt they would go for that. This looks like a sensible re-financing that buys time. LIBOR plus a margin of 2.5 to 4 % based on EBITDA seems very reasonable and I suspect Barclays would not have agreed to this if they didn't think there was a good chance of getting a return on their loan. At these levels, I will be staying long and looking to top up.This looks like it could be a turning point and if you look at the volume this looks like there are other buyers at these levels.

[grahamburn] 23/11/2018 10:22

That's what I thought initially, but the sentence which follows the reference to (just) £0.5m extra made me think again:

"This new capital is to be in the form of either new subordinated loan or equity capital, or a combination of the two."

Why would there be a mention of equity - or even a combination of equity or subordinated loan - if some form of equity raise wasn't on the cards?

[jonc] 23/11/2018 07:19

It shows little change in net debt since the interim announcement. I doubt if £.5m would warrant a rights issue unless they were to need to raise additional capital for trading which does not seem the case at present.

[grahamburn] 22/11/2018 17:22

Does that RNS imply a rights issue is in the offing?

[jonc] 22/11/2018 16:11

Some indigestion here.

[lbo] 22/11/2018 14:10

Where are all the pumping bulls now?

[vilage_idoit] 12/10/2018 08:25

I've covered the dining sector and who I think the winners will be here:

hxxps://cube.investments/food-still-off-in-the-dining-sector/

Please always DYOR.

@vilage_idoit

[lbo] 11/10/2018 08:57

Here comes the dump!