Tasty Share Discussion Threads

[viking24] 03/3/2021 16:13

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

[easwarareddy] 10/2/2021 14:37

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

[tabhair] 10/2/2021 12:28

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

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

Looks like GOV funding news on the way.

[glavey] 10/2/2021 05:15

no its a ramp by usual suspects

[middlesboroughfc] 09/2/2021 14:19

SHOE flying now

[tabhair] 08/2/2021 17:35

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

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

no its a ramp by usual suspects

[adobbing] 08/2/2021 15:44

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

being ramped on twitter - bewaere

[middlesboroughfc] 08/2/2021 15:37

prepack for prezzo

fear tasty may go same way

[catsick] 08/2/2021 15:02

Big move today, but if you look at the update from fulhame shore, a much smaller group, they have been given 10million quid in gov cheap long term loans, i wonder if tasty got some tasty loans which would be waaaay more than market cap and give years of no pressure from the banks again.....

[apfindley] 17/11/2020 02:16

Got a feeling there's a fundraising in the background which may be used to carry the business through this rough period.Watch out for the usual suspects taking part..

[paulypilot] 10/11/2020 17:46

A CVA would get rid of all lossmaking sites, and reset rents down to affordable levels on the rest.With covid restrictions likely to ease over next 6 months, could be quite a nice business here by mid 2021.Ungeared bal sht. I quite like it at tiny mkt cap now. But must be a delisting rosk?

[mrphil] 03/11/2020 11:15

Reluctantly sold out, I think this latest Lockdown could be the last straw.

[topvest] 30/10/2020 19:04

Given this company had a "relatively" strong balance sheet and strong management, these results show just how desperate the hospitality game has become. There is likely to be a swathe of administrations and CVAs over the winter. Very gloomy, but a sector to avoid despite the value potentially on offer.

[energeticbacker] 30/10/2020 15:28

Predictably awful results for the 6 months to 26 June.

Revenue fell 58% to £8.7m, the adjusted EBITDA loss was £2.5m and statutory loss a whopping £11m after a £7.6m impairment charge.

Investor's Champion comments that thankfully, the cash position has held up with net cash of £3.2m at the period end boosted by the sale of its More London dim t in January 2020 for £2m.

[jonc] 18/8/2020 07:27

Nothing here for equity holders.


Only a matter of time before administration.

[mrphil] 05/8/2020 10:59

Our local DimT is now open for bookings and walk-ins so hopefully things will start improving.

[totalgeek69] 26/6/2020 15:20

I thought investors reacted after an RNS not before.. lol

[mrphil] 26/6/2020 11:56

No trades since last week then today it bursts into life, what's going on?