GoldSifter
27 Oct 2017
Re: Any updates from anyone? I'm a bit puzzled by the sp, the last results update reported a large loss. However stripping out the writedown of previous investment (restaurant opening costs), then the underlying business is still decently profitable. The questions I have is will that underlying profitability will come under more pressure and is it just particular restaurants under pressure (due to their location) or more generally due to cost pressure.In one way the investment writedown itself isn't a concern as that cash has long ago been spent, it's just a case of whether the cost is recognised in a lump now (writedown) or over time (depreciation).At the current price, I'd say the company is undervalued, the risk though is more bad news.
wineberry
25 Oct 2017
Any updates from anyone? This board has gone dead since April. Not sure I understand what's going on with this company as the results balance sheet appears to show it as loss making. Obviously there is considerable pressure on the restaurant sector currently. Any thoughts appreciated.
GoldSifter
07 Apr 2017
Re: sp I'm completely sat on the fence. Part of me thinks the sell-off is overdone, as aside from the write-off they are still decently profitable and still planning to open further restaurants this year.I think it would be have helpful if they had given more information around the under-performing restaurants (how many there are/the cause of the under-performance). It would help to understand if it's a local issue to those particular restaurants, or a wider business-wide issue. The inference being, as they haven't said, it's business wide?But from that perspective, I can't imagine cost pressures are that great? I know GBP/EUR has a slight adverse movement, but I can't imagine they get much in USD which is where the greater adverse movement is. Business rates will have some effect, but that cost hasn't hit yet.Separately Brexit doesn't seem, so far at least, to have had a significant impact on consumer spending.My fear is there is more bad news to come, but I like others, have some faith in the Kay's. I'll probably give it to the half-year results.
scholomo
07 Apr 2017
sp Who do we follow? A director who buys 50000 shares or the penny share paper which has it as a sell at 68p
scholomo
29 Mar 2017
sp The only thing troubling me is that the kayes cousin took Prezzo private.Could the Kayes do the same if the SP hits around 50p They certainly have the finance
scholomo
29 Mar 2017
sp I originally bought into Tasty because of the Kayes and their track record.If it was any other management I would be jumping ship now even with the large loss I am sitting on.However I still have confidence they can turn this around and will be sticking around
OilPrince
28 Mar 2017
Re: Sp Awful results indeed. I must admit I'm not as sanguine as you seem to be about not opening as many sites as they had planned. This is a chain of restaurants and less of that chain means we are going to wait longer for profits and recovery.The front page of MotleyFool site this morning doesn't suggest there is going to be any quick recovery either. This is the last paragraph."...With headwinds against the business building and Tasty struggling to hit City forecasts for growth, it looks as if this is one falling knife investors should avoid. The shares may have further to fall before they fully reflect the company’s new depressed outlook and it will take some time for the company to prove to the rest of the market that can return to its previous growth trajectory"
scholomo
28 Mar 2017
Sp Results profit warning pretty awful.Only light on the horizon at the moment is that it was heavily oversubscribed at 145 and although the company is cutting back on opening new sites they have not stopped completely and are aimimg to open another five.This shows some confidence in going forward.
scholomo
15 Feb 2017
sp Approx 20% below placing price of 145 of which two directors took up 1500000 shares
scholomo
15 Feb 2017
Re: sp You may well be right re rates.But i have huge confidence in the management and topped up today with a further 3000
OilPrince
15 Feb 2017
Re: sp I've been watching these shares for a while with a view to buying but they keep sinking. I was wondering if it was to do with concern over property rate costs going up, especially in the richer city locations i.e. London?
scholomo
14 Feb 2017
sp Has anyone got a view on what is causing this severe drop in the SP?
peterjg1
19 Jan 2017
Tipped by Motley Fool Tipped today as a Hidden Winner by Motley Fool! Comment that a write-down of five restaurants last year spooked the market and now is a buying opportunity.
scholomo
12 Jan 2017
Re: Price It seems to me as if there is big seller out there.Cannot think of any other reason for this large continual faal
GoldSifter
12 Jan 2017
Price Anyone got any thoughts on why the price has dropped so much, and seems to be in a downward trend?
