Whitbread Share Discussion Threads

[boonboon] 13/12/2011 12:59

I reckon they'll make a lot of money from the olympics next year.

[essentialinvestor] 13/12/2011 12:38

All depends on how much you think is already priced in.
Looking at how WTB reacted today - and that was not a profits warnings -
there may be lower SP's to come for some.
It does depend on the wider market levels as well.
Good luck to anyone holding.

[deanroberthunt] 13/12/2011 12:32

so short retail and travel/leisure sectors may be a good ploy.

[essentialinvestor] 13/12/2011 12:28

In terms of the general market there are multiple profit warnings
on the way for Q1 of 2012, that is my view.
Not holding WTB currently, however it looks a solid business.

I think there may still be some underestimation of how far
consumers will have to retrench in 2012/13.
Many earnings estimates are heading lower as a result imo.

[essentialinvestor] 13/12/2011 12:16

I think you need to add the debt on to the market cap and then look
at the PER on that basis imv.

The IMS looked very solid given the backdrop.

Surely the market was already aware that 2012 is only going to get
tougher for just about any company as many consumers are forced to
cut back.

[deanroberthunt] 13/12/2011 11:47

fy eps in order of 200p....giving a per of just 7.5

[bigbertie] 13/12/2011 11:22

ok, I'll get buying. and I might have a coffee when I go shopping tomorrow.

edit - just got in below 1,500p. it can rise now

[deanroberthunt] 13/12/2011 11:22

and it's producing double digit growth in a severe downturn...

[deanroberthunt] 13/12/2011 11:18

err, i think the saying goes...

"don't look a gift horse in the mouth"......

so I haven't, get buying.

[bigbertie] 13/12/2011 10:50

yes, looks like reaction overdone. the problem is that the same IMS last year had Costa UK like sales up 11.4%, but that is an exceptional number.

anyhow, Andy Harrison has just bought another 13,338 shares at 1,490p so he clearly agrees that the price fall is overdone. I am happy to be invested in a well-funded rapidly growing company.

edit - also I notice a buy recommendation from Evolution this morning with target 1,800p.

edit again - and Numis securities, with target 2,100p

[gbb483] 13/12/2011 10:24

From today's release

"Whitbread continues to deliver strong growth with total sales up 11.4% in Q3, driven by our leading brands, with Costa growing revenues by 25.2% and Premier Inn by 8.3%. Our like for like sales performance keeps us on track to deliver full year results in line with expectations."

No wonder the share price has taken a massive hit today.

[bountyhunter] 18/10/2011 12:51

results beat analysts estimates and encouraged by growth in China...

`Encouraged' by Growth in China
Oct. 18 (Bloomberg) -- Chris Rogers, finance director at Whitbread Plc, the U.K.'s largest hotel and restaurant operator, discusses first-half profit and growth in emerging markets. He speaks with Francine Lacqua on Bloomberg Television's "On the Move."

The video interview is worth a look:

[bountyhunter] 18/10/2011 07:07

Whitbread PLC

18 October 2011

WHITBREAD PLC RESULTS FOR THE SIX MONTHS ENDED 1(ST) SEPTEMBER 2011

WHITBREAD DELIVERS STRONG GROWTH

Highlights

-- Total revenue up 10.7% to GBP891.3 million (2010/11: GBP805.4 million)

-- Group like for like sales up 3.3% in the half year

-- Underlying profit(1) before tax up 15.2% to GBP174.9 million (2010/11: GBP151.8 million)

-- Group return on capital(2) 13.6%

-- Whitbread Hotels and Restaurants underlying profits up 8.5% to GBP167.1 million delivering a return on capital of 12.5% (2010/11: 12.1%)

-- Costa underlying profits up 41.8% to GBP27.8 million delivering a return on capital of 28.5% (2010/11: 35.6%)

-- Underlying diluted EPS up 17.8% to 72.20p (2010/11: 61.27p)

-- Interim dividend up 55.6% to 17.50p (2010/11: 11.25p) consistent with our stated intent to rebalance the first half dividend

[what is a login ?] 06/9/2011 19:40

nice summary from today's UK-analyst

Whitbread (WTB) reported 11% growth in sales, year-on-year, for the 24 weeks ended 18th August, with its coffee shop Costa achieving 22.8% growth to 351.3 million pounds. The chain has opened 145 new stores in the period and plans to open 300 shops worldwide in the financial year. Whitbread's hotel chain Premier Inn has also seen improvement, with room rate up 3.4% and occupancy standing at 79.2%, up 0.7 basis points. Separately, the group has raised 156.4 million pounds through a private debt placement, which will be used to replace funds drawn from its bank facilities. The shares flew 106p to 1,563p.

[bountyhunter] 06/9/2011 19:10

Likewise,

"Whitbread delivers 12.9% sales growth in 2(nd) quarter"

...not many companies can manage that in the current economic climate, clearly Whitbread is one of the rare winners! :)

[gswredland] 06/9/2011 18:46

Yep excellent results. Sticking with it and on any pull back will add

[hyden] 06/9/2011 14:16

Yes, I am following and I was patricularly encouraged by today's updates, both on the financing front and on current trading. :-)

[bigbertie] 06/9/2011 12:58

No-one following this? The great growth story continues - see todays trading statement. The Costa numbers are amazing but note that they exclude IFRIC 13 which says you have to account for the value of customer loyalty giveaways when you grant them. The Premier Inn growth is good too - cheap hotels must be a solid bet for years to come. These should rise fast when the market shakes off some of its gloom IMHO.

[jlo10] 10/8/2011 09:54

I've just bought at 1460 - hopefully this is a good entry point despite the market conditions and riots.
The Olympics should still have some impact
Not expecting £21 but £18/£19 would be ok

[ya2000ss] 07/7/2011 21:31

WTB target price £21-25 by early 2012 Olympic in London the Growth will be Massive , spread bet go long in this stock there is n't any company in UK like WTB. FTSE100 moving towards 6600 by xmas , get your basket filed up early , all the best .

[hyden] 21/6/2011 20:13

Matrix kept its 'buy' on hotel and restaurant group Whitbread (WTB), but placed its target price under review, saying that the weakness in its pub/restaurant business may result in downgrades of around 2% or so. "We still view WTB as a good medium/long-term high-quality structural growth story, but at the moment there are few obvious catalysts (other than its recent under-performance) to instil confidence about short term price performance."

[bountyhunter] 21/6/2011 18:27

just got home and checked today's market reaction - very positive as you say! :-)

[hyden] 21/6/2011 16:24

Nice performance today, no doubt helped along by Evolution's 'BUY' rec.

"Evolution recommends buy Whitbread, target price cut from 1,810p to 1,750p".