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With all additional expansion capital being raised at 8p per share it’s really odd that it’s less than that to buy on the open market. With the new management team and the Serbia deal plus Polish expansion we are now getting a lot of traction and revenue is growing very fast and encouragingly. Once this gets on Midas radar and others I think we could start rising back to 50p again. Ridiculously cheat at 6p that’s for sure - GLA
Options a bit generous, but at least aligned to shareholder interests in getting the share price moving.
Where do you get 40% from? The results say current trading is up c25% YTD compared to FY21. It's disappointing to see so little growth in relative delivery sales (the increase in dine-in sales is great but it's ultimately capacity constrained - by the size and number of stores - and ulimately will plateau without significant further store openings).
It would be nice to see a significant increase in delivery sales in the forthcoming months. Hopefully, we've cannibalised some of our FY21 delivery sales into FY22 dine-in sales (as we've moved out of lockdown) and the current YTD figures are masking some of the real growth in new delivery sales; working on the assumption that, during lockdown, some people who habitually prefer to dine-in opted for delivery instead and that we are now seeing that trend unwind. For example, if (say) 8m PLN of what would otherwise have been dine-in sales in FY21 became delivery sales and that trend reversed in FY22 then we'd have an (adjusted) increase in YTD dine-in sales of c42% and an (adjusted) increase in delivery sales of c19% (much more promising). I don't think the logic is flawed (I believe that there were still some Covid restrictions in Poland in the comparative period last year, like there were in the UK); it's just a question of how big the swing from dine-in to delivery was last year and how much that has unwound this year.
Yes and they are pretty good, recent trading up 40% I note. The fundraisings are all 8p for their acquisitions that tells us all SP should be 8p plus. It’s surprising really this isn’t at around 10p by now. Getting close to breakeven as revenue grows so doing all right things it seems.
Results out today
Results date not pre-published but looks like c. 22nd June looking at previous year’s results timings
That’s true monty, but still very quiet here, don’t they have results this month?
Many days almost no trading past few months, now it’s like a waking Giant I think. Just a few buys and the price will rise very fast due to liquidity and historic trading patterns.
Although inflationary headwinds on ingredients, a lot is passed on and very busy now with the spill over activity from the Ukraine crisis and also the relaxed Covid rules. Could be get back to 50p step by step. Noticeable in previous numbers they shared the recent 2 months not in the numbers were record highs, if that continues as I’ve heard it has we could have some exciting advances from now on - DYI GLA
Missed that - thanks.
It was on the RNS dated 09.03.2022...there is a trading statement on 21.04.22
Next month
Thought there was supposed to be an earnings statement on 28 March - yesterday. Why wasn’t there one ??
There are some nibbles at the ask price. Who knows?
Has been quite on here over the last month, but finally off it’s low’s and going back in the right direction, has been a tough hold at times but looking forward to the next update.
This stock is far too everything...
This stock is far too illiquid..
Let’s hope they have the price right this time lol
Apparently the eat in stores are booming now, Covid restrictions relaxed and thousands of Ukrainians are coming in.
There have been a few biggish trades lately , well for this share anyway, and they haven't moved the price very much. Anything happpening?
Raised a lot capital recently at 8p / share. This will have its day, it’s getting better all the time. As covid becomes a thing of the past it’s well set to start back in the 40p+ direction it was before. It will take several year but I expect a good solid upwards trajectory after or around next results.
This share price drop is shocking...the price before the merger was annouced was 7.5p and now 2 companies merged and its now less than DPP was before the merger...back to where is was 2 years ago...where is this heading; back to an all time low of 4p?
Would be nice to see the new BOD buying some shares in this company to try and instill some confidence in the operation!
Lets hope they annouce some positive news on Monday with the trading statement.
and marked down again today on the cost of a few pints of beer. ...