The Fulham Shore Share Discussion Threads

[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 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 ...

[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] 22/8/2020 06:54

Franco Manca owner Fulham Shore has reported that the Eat Out to Help Out scheme has driven like-for-like sales "markedly up" for the first two weeks in August, compared to the same period in 2019.

It said that despite some restaurants still being closed, it had achieved one of its highest ever weekly turnover periods in the second week of August.

In a trading update Fulham Shore said that 50 out of its 51 Franco Manca sites would be open by the end of next week, along with 16 of its 18 the Real Greek restaurants. Those that remain closed are in the City and West End of London. They will only reopen when "office tenants and theatregoers return".

A new site on the Cut near Waterloo in London is also set to open next month.

Fulham Shore added that it had now reached agreements with 40% of its landlords to waive, defer or reduce rents, while almost all of its employees are now back off furlough.

[gizmohican] 20/8/2020 10:55

Full results out next month, with update no doubt on help out to eat figures

[ny boy] 20/8/2020 07:36

Survive & thrive stick, the shackles have been lifted, hopefully some good press as a result

[gizmohican] 20/8/2020 07:28

Great 15p next stop