Tasty Share Discussion Threads

[mattjos] 16/11/2021 09:24

Good update from RTN today

[mattjos] 27/10/2021 13:49

cut in rates for hospitality and lower duty on fizzy wines and ciders and draught beers

[mattjos] 27/10/2021 13:28

Good budget for Tasty!

[tmfmayn] 28/9/2021 16:58

"Congratulations to holders" - not often congratulations are offered for holding onto a 90% faller, but I will take it anyway, thanks tabhair

[mattjos] 27/9/2021 19:48

fortunately pretty much invisible to most of the market, tabhair.
The bottom looks like it's in here now. Now, lets see if they can capitalise on the opportunity and switch from 'survival' mode to growth in the next 12 months.

[mattjos] 27/9/2021 10:12

Does show just how quickly this can switch back into profitability.
Can't see there being any further lockdowns in the UK. Folk will all be back at work from next week & this 'working from home' lark will dome to an end too.

As per management commentary:

"Tasty is now in a good position to take advantage of the opportunities in the sector due to reduced competition and vacant restaurant and retail space."

I am quietly optimistic that this will resume its growth from here onwards.

[tabhair] 27/9/2021 09:54

Congratulations to holders, I think this must be the first time in five years that Tasty have issued an update where trading has actually exceeded management expectations. Also, the busiest trading period of the year is the Christmas period, so now is certainly the time when they want customers through their doors. It certainly looks as if the company may even turn a profit for the second half of this year.

[mattjos] 27/9/2021 09:08

Yes, the worst appears to be behind us now.

End of furlough this week means folk will all be back at work & one of the first things I believe folk will do is to go out with the work colleagues & 'catch up' after extended periods away from the office.
I doubt they will go for 'fine-dining', Pizza and a few beers got to be a favourite.
I would expect trading to continue on an upward trajectory from here.

[b1nky] 27/9/2021 07:37

Told yer!!!!

[mattjos] 16/9/2021 18:38

Still, Buckleys available here .. what's going on?Usually stock comes tumbling out after a rise like last week but, so far, nothing

[b1nky] 15/9/2021 08:19

Restaurant Group raises guidance!!!!

[b1nky] 14/9/2021 17:17

BUY BUY BUY

[tmfmayn] 14/9/2021 17:05

Everybody who wants to sell has already done so, leaving only disappointed long term holders and pre vaccine speculators holding tight and hoping for a turnaround. Company seems to have survived the worst, so no obvious reason to sell just now.

[mattjos] 14/9/2021 14:58

OK, thanks.
Looks like I will have to wait for seller as nothing doing here today by the looks of it.
Market Size is supposedly 15k not 8k

[b1nky] 14/9/2021 14:40

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

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

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

[b1nky] 12/9/2021 09:50

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

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

PROFIT NOT LOSS!!!!!

[trident5] 11/9/2021 12:31

What is your profit/loss forecast?

[b1nky] 11/9/2021 10:27

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

[lbo] 07/4/2021 13:36

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

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

[lbo] 07/4/2021 08:12

"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"