Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Nice lift today
I agree Klozza636 - I do trust the management here and I think they will be trying to improve things. It is calming to have trust in management - I have finally learnt that lesson after many investments that failed due to dodgy management.
Perhaps Mid 2022 they will rebrand to "The New Real Greek" lol.
Agreed Isetown, I think they have been rushing to get these restaurants operating without giving attention to the most important thing - the food! This practice does a lot of damage which is hard to repair. I hope they really do have top chef consulting of this. My family went to the new Greek Norwich opening and were most disappointed.
Have a look at the video. They are bullish and hint at a future dividend.
Info at all?
Here's the video I was talking about:
https://www.youtube.com/watch?v=Xwai-kB7BkM&t=1s
21.5p on Monday??
Saw the recent Hardman video with Mr Page and Mr Wong. It was Interesting and I am hoping next weeks results are good and a dividend will appear.
Also they mentioned that they had two Michelin Starred chefs working with 'The Real Greek' staff this week. That really cheered me up because 'The Real Greek' is not as good as Franco Manca IMO. I have visited it a couple of times with my family and they weren't impressed with it both times either. I thought the meal lacked freshness and quality and it wasn't particularly good value.
Hopefully news of a small dividend in there too perhaps? Hope so. I'm looking forward to seeing what comes up. Especially as I've recently doubled my holding here.
I've sold out on DX.on the back of an RNS that looks a bit moody. So I've doubled my holding here with it.
@JoeKenny. Any rise in so after those announcements would have been short lived in my view, as it often is with announcements like that until the expansion is delivered.
That said, for my money, increased take and turnover is very encouraging in my eyes from an investor's point of view. Plus the possibility of a dividend being announced in the not too distant.
That being the case, I really couldn't give a shiny sh*te about the low sp, as I always reinvest all my dividends, so a lower sp, the more "free" shares I get. Win win.
Pity about the share price needs a re rate IMO given the recent publicity, solid finance reports, expansion plans etc.
I've just seen an advert on TV of Uber Eats saying they now have Franco Manca on their "books". Good to see them offering a delivery service for our brand.
That is a bit sad as I have been to the Real Greek once and did feel the same. The starter was great but the main course meat was dry and not particularly hot. Fulham Shore is a good company though (especially the Franco Manca part) and I am sure they will be thinking about the quality.
Has your family sent them feedback?
My family tried the new Real Greek in Norwich recently and were disappointed in the quality of the food. Anyone else tried at all?
You may have a long wait! :-), I hope
Just bought another small slice of what might be a tasty morsel at 18p
Was in Oxford on the weekend, saw Franco Manca, didn't go in but saw loads of youngsters in there.
In general though I can see why people are reluctant to invest more in the sector, rising employee and supply costs, stupid Gov. Increasing VAT too which obvs isnt going to help. Interesting to see how FUL have still been on the up despite this though.
This size. Encouraging that a possible dividend may well be on the cards. Fingers crossed.
I think a 25% drop is optimistic, there will be pullbacks but I think it's a missed opportunity if you think this company isn't on the up. Potential multibagger this one med-long term
I keep looking in on FUL.
I could be interested if/when sp is 15p.
(you may scoff,lol)
Was the food any good?
Dined at Real Greek in St. Martin's Lane last week. Advert in front window for more staff at all levels. Hope growth not held back by too many unfilled vacancies.
Re-reading results reinforces the view that the company's prospects have never been better. Expansion should be rapid at low costs as it is a renter's market with landlords falling over to get new tenants and fit-out costs in some locations minimised where taking over an existing restaurant. Real Greek don't spend inordinate amounts on interiors.
It seems likely there will be another 12 or more locations in next 12 months and the chairman said financing will be by cash flow and banking facilities rather than dilution so FS looks a stable and growing business from an investor's point of view.
Also good to see them looking to expand abroad... and by abroad I also mean Wales lol!
Nice 3/4 page article about Fulham Shore in the Sunday Times today.
https://www.thetimes.co.uk/article/franco-mancas-secret-recipe-the-price-8nwl8jjt5
They are apparently close to signing a Greek franchise.
Theres been so much news on this recently which has caused a spike, just makes me wonder if this is a breakout or temporary. In terms of financials they still lot of ground to cover which could pull this back to 14-16p (as has rightly been pointed out). Though, such recent sentiment could seemingly push this higher; if 20p breached I think this could fly in that sense. This is defo a HOLD for me atm