ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

MEX Tortilla Mexican Grill Plc

48.50
1.50 (3.19%)
Last Updated: 09:16:56
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tortilla Mexican Grill Plc LSE:MEX London Ordinary Share GB00BNYDGZ21 ORD GBP0.01
  Price Change % Change Share Price Shares Traded Last Trade
  1.50 3.19% 48.50 51,301 09:16:56
Bid Price Offer Price High Price Low Price Open Price
47.00 50.00 48.50 47.00 47.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Eating Places 57.7M -639k -0.0165 -29.39 18.75M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:31:46 O 10,000 50.00 GBX

Tortilla Mexican Grill (MEX) Latest News

Tortilla Mexican Grill (MEX) Discussions and Chat

Tortilla Mexican Grill Forums and Chat

Date Time Title Posts
25/4/202402:40Tortilla Mexican Grill55

Add a New Thread

Tortilla Mexican Grill (MEX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:31:4750.0010,0005,000.00O
09:50:4347.60600285.60O
09:01:1047.3062.84O
08:45:0450.005,0002,500.00O
08:19:4350.005,0002,500.00O

Tortilla Mexican Grill (MEX) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Tortilla Mexican Grill Daily Update
Tortilla Mexican Grill Plc is listed in the Eating Places sector of the London Stock Exchange with ticker MEX. The last closing price for Tortilla Mexican Grill was 47p.
Tortilla Mexican Grill currently has 38,664,031 shares in issue. The market capitalisation of Tortilla Mexican Grill is £18,752,055.
Tortilla Mexican Grill has a price to earnings ratio (PE ratio) of -29.39.
This morning MEX shares opened at 47p
Posted at 25/4/2024 02:40 by benny shares
Very good results.Over the pond, Chipotle has amassed a market cap of over $ 80 billion with a growth rate exceeding expectations, all of this in a very little amount of time.MEX has a guiding light
Posted at 05/3/2024 15:06 by benny shares
Well done, you've made a healthy profit.Take some advice, and I'm not being patriotic. Don't look at the share price again
Posted at 27/2/2024 19:27 by benny shares
Posted on the LSE forum, massive respect to jon1234Luke Johnson just bought 1.4m shares (3.6% of the company). He took control of Pizza Express in the 90's and grew the share price 20x before selling the business. He's been involved with The Ivy, Strada, Giraffe, Gail's and more. The guy has a proven track record of successfully buying and selling restaurant businesses for decades. With the recent CEO departure, there has to be takeover noises in the city. By far the largest mexican casual dining chain in the UK and valued at sub $20m. Peanuts compared to Chipotle Mexican Grill stock in the US at $70bn valuation.
Posted at 27/2/2024 13:40 by darrin1471
Dr. I took my daughter into Birmingham around October to look at the retailers and to try MEX in Grand Central. It's a prime location but no better than McDonalds visually. I thought the prices were high for Birmingham but I am a bit of a tight git.
The menu was as expected and the portions decent. To big for a light lunch so we ended up eating at Comptoir Libanais (Lebanese) which was opposite and also a listed restaurant (Comptoir Group PLC).
I have been watching MEX for a year as others on ADVFN thought the branches in the SE were always busy. Restaurants are having a tough time with higher costs. At some point the tide will turn and big brands will be looking for new formulas like MEX and COM to fill the empty high street locations.
Posted at 17/7/2023 14:31 by km18
Tortilla Mexican Grill plc issued a trading update for the HY ended 2nd July this morning. Group revenue increased by 22.0% to £32.7m (H1 2022: £26.9m) while Group LFL revenue increased by 8.4%. In total, there were 85 sites at the end of the Period operating under the Tortilla and Chilango brands compared to 82 at end FY22 so expansion continues at a steady pace. The balance sheet has strengthened with net debt down to £1.6m. The Board remains confident in the Group's ability to deliver FY 2023 results in line with market expectations, for FY23 revenue £69.8m and adjusted EBITDA £5.0m, both will be new records. Valuation messages are mixed with forward PE ratio at 26.1x bottom quartile for the Hotels & Entertainment Services sector, PEG ratio at 0.3x is top quartile for the sector. Share price is down around 75% since IPO in 2021 but remains in a correction for now and therefore lacks positive momentum. There is long run growth potential here but MEX remains a share to monitor for the time being...

...from WealthOracle
Posted at 24/4/2022 17:38 by dr biotech
Nice Midas write up. Will be interesting to see the number of trades tomorrow. Typically it’s 10-20 per day. See how many will trade on the back of a tip.
Posted at 11/4/2022 14:00 by km18
Tortilla Mexican Grill, the largest and most successful fast-casual Mexican restaurant group in the UK, published FY22 numbers this morning. The year was a transformational one, revenues increased 79.5% to a record £48.1m (2020: £26.8m, 2019: £35.4m). Like-for-like (LFL) revenue was up 23.8% compared with pre-COVID 2019. Adjusted EBITDA increased 262.5% to £8.7m (2020: £2.4m, 2019: £2.5m). And the balance sheet remains strong with net cash of £6.7m...

...from WealthOracleAM
Posted at 14/10/2021 13:03 by hedgehog 100
Current share price 14th. October 2021: 195p
Market capitalisation: £75.39M.


"We are the UK’s largest and most successful fast-casual Mexican restaurant brand"



08/10/2021 07:00 UK Regulatory (RNS & others) Tortilla Mexican Grill PLC Admission to AIM & First Day of Dealings

"Tortilla Mexican Grill plc (AIM: MEX), the largest and most successful fast-casual Mexican restaurant group in the UK, is pleased to announce that admission of its entire issued and to be issued share capital to trading on the AIM market of the London Stock Exchange will become effective and dealings will commence at 8.00 a.m. today under the ticker "MEX" and with the ISIN GB00BNYDGZ21.

Tortilla offers a high-quality, affordable and freshly prepared California-style Mexican menu comprising high quality, fresh and customisable products including burritos, tacos and salads. The Company operates through multichannel order strategy, offering customers dine in, self-serve, take away, click and collect and delivery options. Its leading customer proposition is accessible to customers through Tortilla's 62-strong restaurant estate, comprising 50 owned and 12 franchised locations across the UK and Middle East, as well as through an exclusive nationwide partnership with Deliveroo and its growing estate of cloud kitchens.

Tortilla is strongly positioned to capitalise on significant growth opportunities to accelerate its growth strategy through the roll-out of new sites, franchising opportunities, cloud kitchens, strategic partnerships, and carefully selected international opportunities.

On 30 September 2021, Tortilla announced a fundraising which has today completed. The fundraising, which was comfortably oversubscribed by high quality institutional investors, included the placing of 2,762,431 new ordinary shares of 1 pence each ("Ordinary Shares") and the placing of 12,715,902 existing Ordinary Shares, both at a price of 181 pence per share (the "Placing Price"), raising gross proceeds of GBP5.0 million for the Company and GBP23.0 million for selling shareholders. At the Placing Price, the Company's market capitalisation is approximately GBP70 million.

The Company's Admission Document is available to view on the Company's website at hxxps://tortillagroup.co.uk .

Liberum Capital Limited is acting as Nominated Adviser and sole broker to the Company.

Investor Meet Company Presentation:

The Company's CEO and CFO will host a live introductory presentation via the Investor Meet Company platform at 10:00am BST on Monday 18(th) October. To register to attend, please use this link: hxxps://www.investormeetcompany.com/tortilla-mexican-grill-plc/register-investor

Richard Morris, Chief Executive Officer of Tortilla, said:

"Joining AIM marks a very exciting milestone in Tortilla's growth journey and we're thrilled to be welcoming our new shareholders to the Tortilla family.

Underpinned by our fresh, high quality and great value food, as well as our multichannel order strategy, we are very excited to drive forward Tortilla's long-term growth strategy and achieve the Tortilla brand's significant potential across the UK and internationally." ..."
Tortilla Mexican Grill share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock