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Https://www.morningadvertiser.co.uk/Article/2023/05/11/support-for-the-restaurant-group-from-largest-shareholder
Not all II's agree with Oasis.
Directors remuneration is a disgrace across the board. They shouldnt get a penny in bonus above their salary unless divis are paid and their company is successful.
Although very annoying, At least he is holding on to his millions of options and not selling
Dontcha just hate it when these awards give more shares the lower the price is...should be less!
Nice pay day being stacked up for AH here now....
Yes “COM” up 12% on their results, I think 60p+ maybe earlier than I thought.
Very strong results from spoons et Al . I’m sure Rtn is good to kick on from here along with the rest of the sector
To me it is indicative that they or their client believes that the SP will rise as it it CFD funded! Could be wrong as this is the murky world of hedge funds and high finance!
New institutional investor taking 3% ?
RNS and shareholder!
Archy147 your post gets a mention on RTN media.
I wonder where Oasis sit on this now? Update positive and other than leisure all streams appear to do well. In my head we’ll retrace a little - but - there is a bit of me that believes this either belongs in the 30’s or somewhere north of 100…. not where it is. There writher is or is not latent value - it’s kind of binary. Very nice to be back in surplus - just.
LFL sales are less than inflation so it looks like in real terms volumes have dropped already as a consequence of the COLC, some inflationary costs will have been passed to customers, those that have not been will have impacted profitability as seen if final results. The cost reductions will mitigate, to some extent, reduced profitability impacted by absorbing inflationary pressures. The RTN SP already reflects current concerns re outlook and as inflation recedes sentiment will change and with luck the SP will improve in the coming months it should become clear by the time we get to the interims I hope!
As you say - only C.O.L.C is for the self inflicted overstretched hand to mouth brigade. They are rarely users of RTN brands anyway, it's lefty BS and speech play to reinforce their only arguments, suppression of free will and fear.
Long live common sense, your eyes, and your ears!
The silent majority will keep on living.
In all reality, has anyone saw a credit crunch or a tightening of belts?
Fuel prices are down from c£2 to £1.40.......every coffee shop is crammed from 10am......you have to queue in greggs, mc'd drive thru is queued round any block. Its the supermarkets profiteering that's keeping prices elevated yet squeezing supplier's. And as for food banks, the lefties have got thar one sewn up, making us all feel bad. Trust me i'm the 1st one to help out a needy soul with items, money or whatever but food banks distort the picture. Noone is taught to control money, its strange that some of those on TV complainting have £1,000s of £££ of tattoo, rings in every piece of loose skin of which there's usually plenty, big phone & a feg. Learn to cook your own food it's not hard or expensive. Some now even get coffee delivered......"tighten belts" .....give me a break. Go buy yellow labels like I do & forget date on food, that's for the great unwashed who done want to learn.....only sit on tik tok making idiots our of themselves. Roll on the TRG.....& have a great day
I celebrate on Friday if we have held on to 10% in the week. its Nice to see a big blue. Although I now need to de risk, I'm struggling to find where provides better potential with such oversold stats and known risks mitigated and published. .
Always sensible to be cautious, but the sp already has a mountain of that built in.
RTN has traded at over 100p in every single year since 2004. That includes the financial crisis, austerity, Brexit, Covid, and anything else the doomsayers have warned about.
Is 2023 really going to be any different from the last 19 years??
Remember the interest rate rises still have to filter through fully to the economy and also inflation is still roaring at 10%. Not sure how much of it is factored in already but people are starting to tighten their belt and my own personal opinion is that it will get a lot more bearish for the sector. DYOR and IMHO.
Good update. The comment re enhanced financial segmental reporting in interims is good.
Ok, the market seems to like the TU, I’m hopeful that we see 60p+ by the end of the year.
Ha, I thought i'd written "could be interesting"...it wasn't really.
?
https://www.londonstockexchange.com/news-article/RTN/directorate-change/15938261
It wasn't!
I also got a link from Investegate for an RNS-title "Directorate change" but link wont work... we shall see...
Great TU, time of posting LSE not showing it
https://www.londonstockexchange.com/news-article/RTN/trading-update/15938245
Davde, I’m not sure but the transaction I would guess was off book (behind the scenes).
Happily exit around 100p (money off table) tho sense it could be worth much more with potential priced in.