The Fulham Shore Share Discussion Threads

[chinahere] 12/2/2021 19:42

Down, Down then Up. RNS must be soon.

[chinahere] 11/2/2021 18:06

It keeps going .......

[chinahere] 10/2/2021 10:45

Judging by the recent price rise, something is happening in the background here I think. I wouldn't be surprised if we get an RNS about restaurant acquisitions.

[gizmohican] 10/2/2021 06:54

Well done Mr P

[chinahere] 08/2/2021 11:12

Well spotted but I reckon they are bound to burn some cash at the moment - positively they are opening two more stores. I liked this: "The Group therefore has financial headroom within its loan agreements of circa GBP20m. The well-publicised difficulties in the property and restaurant sectors are providing the Group with opportunities to acquire new sites at much reduced rents and lower capital costs per site. We are negotiating for many sites throughout the UK to re-start our expansion programme as soon as full restaurant trading resumes."

[boonkoh] 08/2/2021 10:17

Cash burn looks to have accelerated recently....! £2m extra net debt since last trading update end of Dec.Some of it will have been rents due end Dec for this quarter. It would have been better if FUL had disclosed their current monthly cash burn projections.

[chinahere] 21/1/2021 17:49

Hope they announce some expansion into failed restaurant spaces.

[chinahere] 03/12/2020 12:39

Spiking up again.

[gizmohican] 25/11/2020 09:02

https://www.standard.co.uk/business/fulham-shore-trading-update-franco-manca-b79019.html

[gizmohican] 25/11/2020 07:14

Very positive update considering !

[chinahere] 20/11/2020 17:54

A chunky 7.5 million traded today.

[gizmohican] 18/11/2020 08:38

New Real Greek in Bracknell and nice update hxxps://www.bighospitality.co.uk/Article/2020/11/13/The-Real-Greek-set-for-new-opening-as-business-continues-to-thrive

[gizmohican] 16/11/2020 12:26

Another great review... hxxps://www.expressandstar.com/entertainment/dining-out/birmingham-restaurant-reviews/2020/11/15/food-review-every-reason-here-to-tuck-in/ther great write up..

[gizmohican] 16/10/2020 07:00

BBC news write up ... https://www.bbc.co.uk/news/business-54551746

[gizmohican] 15/10/2020 06:56

Will be interesting to see how the other similar operators fair..bench mark set

[gizmohican] 15/10/2020 06:21

Truly super results considering

[lukehold] 08/10/2020 07:55

Looks like a half term lockdown coming

[lukehold] 07/10/2020 21:28

https://www.bbc.co.uk/news/uk-scotland-54449573 how long until it's the same in London again :(

[gizmohican] 28/9/2020 09:01

hxxps://www.thisismoney.co.uk/money/markets/article-8775561/Pizza-duo-snap-bargain-sites-expansion.html

[gizmohican] 28/9/2020 06:09

Think Fulham shore will be used a bench mark for other similar operators Re results

[gizmohican] 28/9/2020 06:08

Bloody good results considering, strong cash position, 7.2 % sales increase, huge op in front of them to pick up great sites at bargain prices I am happy to keep holding and adding

[gizmohican] 24/9/2020 06:21

My guess is next week

[wongman] 23/9/2020 16:19

When are full results coming out?

[gizmohican] 29/8/2020 08:32

Money week tips The Times Franco Manca pizza-owner Fulham Shore has had “two record weeks of trading” thanks to the restaurant-subsidy scheme and should emerge strongly from the crisis as rivals fall away. Buy (8.5p).

[gizmohican] 25/8/2020 20:21

Business Eat Out to Help Out discount used 64m times in three weeks 2 hours ago Share this with Facebook Share this with WhatsApp Share this with Messenger Share this with Twitter Share Chancellor Rishi Sunak speaks to diners at a Wagamamas restaurantImage copyrightHM TREASURY Image caption Chancellor Rishi Sunak says the scheme is helping to protect nearly two million jobs Diners used the Eat Out to Help Out scheme more than 64 million times in its first three weeks, according to the latest Treasury figures. The scheme, which is now in its final week, offers customers in restaurants, pubs and cafes 50% off their meal, up to a maximum of £10 per head. It runs every Monday, Tuesday and Wednesday in August to encourage support for the hospitality sector. Chancellor Rishi Sunak said the scheme was supporting nearly two million jobs. "Today's figures continue to show that Brits are backing hospitality - with more than 64 million meals discounted so far, that's equivalent to nearly every person in the country dining out to protect jobs. "This scheme has reminded us how much we love to dine out, and in doing so, how this is helping to protect the jobs of nearly two million people who work in hospitality." According to restaurant booking website OpenTable, the number of customers at UK restaurants between Monday to Wednesday last week was 61% higher than last year. When does the 'eat out to help out scheme' end? Eat Out to Help Out cuts cost of school dinners The Treasury said 84,000 restaurants had now signed up to the scheme, which closes on 31 August. Eat Out to Help Out aims to help protect the jobs of 1.8 million employees in the hospitality industry by encouraging people to return to local eateries where social-distancing rules now apply. About 80% of hospitality firms stopped trading in April and 1.4 million workers were furloughed - the highest proportions of any sector - according to government data. David Page, chairman of Fulham Shore, which owns Franco Manca and The Real Greek, said: "Eat Out to Help Out immediately increased our restaurant customer numbers by over 50%, thus enabling us to get all our staff back to work. In fact, we are now creating new jobs ." Criticism No vouchers are needed, with the participating establishment simply deducting 50% from the bill, up to the £10 per person maximum, and reclaiming the money from the Treasury. However, the discount is only on food and soft drinks eaten on the premises, and does not apply to takeaways.