Updates and Ideas

Restaurant Group - Strategy update due 26 August

August 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

As with anything to do with consumer sentiment post the Referendum, analysts have been waxing hot and cold over the short term outlook for the restaurant sector. In the UK, Restaurant Group (RTN; 354p), owner of chains such as Frankie & Benny’s and Garfunkels, is one of the biggest constituents. Up until last year it was a darling of the sector with earnings ballooning from 6.3p in 2001 to 34.2p in 2015. The company had a little over 500 restaurants at the end of last year, and has always said it expected to reach 900 outlets within 8-10 years. Among its strategies are multiple concepts, opening differently themed restaurants and pubs next door to each other and siting them in airports and in leisure parks, half of which ...

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Wilmington

Growth Portfolio 3 - August '16

Restaurant Group - Bid from Apollo backed funds (November 2023)

Restaurant Group - Cluster buying by directors (August 2022)

The Restaurant Group (January 2019)

Restaurant Group - Plans rapid expansion of airport concessions and pubs (October 2018)

Restaurant Group (June 2018)

Restaurant Group - Like-for-like expected to go +ve in H2 (May 2018)

Restaurant Group (April 2018)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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