Tasty Share Discussion Threads

[b1nky] 14/9/2021 14:40:24

Hard to buy. As tightly held and no one ever sells. You can either buy in dribs and drabs or leave an order with the MMS or pay up a bit. Restaurant Group we're up a lot yesterday. If I were you, I'd pay up. Don't miss this!

[mattjos] 14/9/2021 14:26:02

the most I can seem to get offered is a rather bizarre 8,333 shares @ 6p … ie £500's worth. Not worth buying that quantity.
Anyone know why the M&M's have shut up shop here, please?

[mattjos] 14/9/2021 12:43:59

Been looking at this one but, no stock to buy whatsoever. Is it just my broker?

[b1nky] 12/9/2021 09:50:24

They have 28 out of 30 restaurants out of London. All these are benefitting from both Work From Home and Staycations. I am forecasts profit. This is quite bold. As you point out, they have not achieved this in the last five years. The amount is irrelevant, especially as they havent got to the point yet where they have started to fiddle with the numbers, which they tend to do.The market is not forecasting a profit. I am!!!Watch this space!!

[trident5] 11/9/2021 19:53:06

They've consistently reported a loss for each of the last 5 years. It would seem odd that with all the challenges facing the industry in 2021 that it will now turn the corner. There don't appear to be any broker forecasts.
Anyway, what profit are you forecasting?

[b1nky] 11/9/2021 19:10:21

PROFIT NOT LOSS!!!!!

[trident5] 11/9/2021 12:31:40

What is your profit/loss forecast?

[b1nky] 11/9/2021 10:27:01

After the FUL update. I have revised my year end forecast to 12p. Thoughts????

[lbo] 07/4/2021 13:36:47

Other worry is they do a pre pack administration with the Kaye's and burn all the other shareholders

[topnotch] 07/4/2021 09:09:00

A CVA is normally used to avoid bankruptcy isn't it?

[lbo] 07/4/2021 08:12:03

"The Board believes that with continued creditor assistance, a more formal procedure such as a company voluntary arrangement ("CVA") may be avoided but we continue to consider all options"

[viking24] 03/3/2021 16:13:50

All buyers today, another bright day, Restaurants here we come

[easwarareddy] 10/2/2021 14:37:07

Yea think this and eua one to get into. Both got fantastic potential

[tabhair] 10/2/2021 12:28:35

RNS out.

The Board of Tasty (AIM: TAST), the owner and operator of restaurants in the casual dining sector, notes the recent rise in the Company's share price and trading volumes and confirms that it knows of no reason for such movements. There have been no material developments since the Company's most recent trading update on 15 January 2021.

[trident5] 10/2/2021 09:14:31

Last January - pre Covid, the share price moved up to 4.5p as it issued an RNS suggesting it was turning the corner.

At 7p - the price must be factoring in a lot of landlord weakness and competition leaving the field.

[tez123] 10/2/2021 08:51:25

Looks like GOV funding news on the way.

[glavey] 10/2/2021 05:15:13

no its a ramp by usual suspects

[middlesboroughfc] 09/2/2021 14:19:29

SHOE flying now

[tabhair] 08/2/2021 17:35:26

Long suffering shareholder here. I dumped my entire holding today at 5p, a price I am amazed to get given I thought this was going out of business a few months ago. Even though I've taken a loss on this one, I am happy to be out.

This is a business that looks structurally impaired to me. I say that because the seated casual dining business has poor economics and doesn't scale. Customers are generally very price sensitive, so you are always going to be in competition with takeout, while seated casual dining also has the increased costs of higher restaurant footprints and needing more staff. It doesn't help when you throw in a huge amount of competition from Mom-and-Pop outfits (who you can count on coming back to compete) and a concept that is a bit stale and repeatable by others.

The real wildcard in all this is these new COVID variants that are in the wild. We already have a SA variant that the current vaccine is less responsive to. What happens when we get more variants that will require new vaccines? While I am sure restaurants will re-open, I think we could be living with reduced footfall and traffic for quite sometime to come. TAST operating on razor-thin margins even before all this.

[trident5] 08/2/2021 15:47:15

Fulham Shore also saying that they're being offered good sites by landlords on very favourable terms after the collapse of retail, and are therefore looking to expand.

[middlesboroughfc] 08/2/2021 15:46:55

no its a ramp by usual suspects

[adobbing] 08/2/2021 15:44:52

Possible interest here from this situation;



Investors in the pub sector – and the shares of UK-focused companies more generally – will be closely watching the unfolding situation at Marston’s (MARS) this week, after the group confirmed reports of a takeover proposal from Platinum Equity Advisors.

[middlesboroughfc] 08/2/2021 15:39:09

being ramped on twitter - bewaere