The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
not many shares in roataion. back to 10p. Im hoping FUL release statement about reopening of all stores. i know they have as this was communicated by one of the store manager yesterday when i went for my pick up.
can i add..it was delicious.
are those 2 500,000 trades? wtf
slowly ticking up before the herd arrives. easy 10p here. one of my ..."yet to take off" share. strong demand for what they sell too.
Just ordered a delivery from my nearby re-opened Franco Manca - very nice!
Just how we like it.
Ssshhhh....keep calm and collect these gems.
Market will wake up to it very soon.
You might have to wait 2 years for the 300% !
https://www.proactiveinvestors.co.uk/companies/news/920766/skinny-tonic-provides-the-fizz-for-uk-s-first-zero-calorie-zero-sugar-and-100-natural-mixer-920766.html
The firm has seen sales rocket, revealing a 1,734% leap in May, which also saw recurring order subscription customers increase by 850% in the month
Private company which makes a zero-calorie, zero sugar, 100% natural mixer
The first to launch nationwide in the UK
Raised £1.565mln via a three-time oversubscribed crowdfunded placing in January
Aside from Crooks, the group’s advisory board comprises: Tom Gilbey, a vintner by trade with a family heritage which extends 200 years in the drinks industry, as wine merchants, owners of the Gilbey gin brand and inventors of the Soda Stream; Jenny Robson, a communication, marketing and brand expert with over 30-years’ experience in a variety of high profile positions; James Curtis, a worldwide businessman and entrepreneur, trustee of the Curtis Family Trust, investing in both public and private companies for the past 35 years; and Nabil Mankarious, managing director at Fulham Shore, owners of the Franca Manca and The Real Greek restaurants.
The following sites will gradually re-open for delivery & takeaway only:
The Real Greek Dulwich open Tuesday – Friday from 4pm -10pm, Saturday from 2pm -10pm and Sunday from 1pm – 8pm for delivery by Uber Eats – Deliveroo and Click & Collect only.
The Real Greek Muswell Hill open Tuesday – Friday 4pm -10pm & Saturday 1pm-10pm, for delivery by Uber Eats – Deliveroo & Click & Collect only.
The Real Greek Marylebone open Tuesday – Friday 4pm -10pm & Saturday 1pm-10pm, for delivery by Uber Eats – Deliveroo & Click & Collect only.
Live in South Kensington area within 1.8 miles radius of SW7 3JS? For a limited time you can get The Real Greek food to this area on Uber Eats & Deliveroo!
From Saturday 30th May, The Real Greek Westfield London & The Real Greek Westfield Stratford City, will be open for delivery & takeaway!
Thanks for all of your continued support – we can’t wait to provide The Real Greek food for you once again!
We are happy to announce that tomorrow we will be opening Westfield London and Westfield Stratford for delivery and collection! ? https://t.co/28dCi4AoNQ
I only take 100%. Don't you know me. Im a 300% bagger.
You got your 20% rise!
I'd expect some sort of update soon
#Brixton, our first ever pizzeria, opened in 2008. Today we re-open for takeaway and delivery. Download our app to pre-order.
#Northcoteroad, #Southkensington #Richmond & #Kingscross also opening at 4pm.
See you later ??https://t.co/BXjaL9FOML https://t.co/FpYlsGn69P
Probably get some director buys. They ll see this as a buy opp.
Should get back to pre covid levels.
Franco Manca opened five stores for delivery and collection on Friday after a two week in trial in Chiswick. David Page, chairman of parent company Fulham Shore, talks to MCA about the benefits of flat sharing pizzaiolas and why pre-coronavirus rents are not going to happen again.
How are you finding the crisis?
I’m old enough to remember the three-day week as a schoolboy. The electricity was turned off in domestic houses at six in the evening, so you’d be in the dark with candles. That’s pretty bizarre. And then of course there have been various recessions.
Tell us about your reopenings.
We opened Chiswick a couple of weeks ago to test out social distancing, and that’s now our model. We’re opening five more today, Balham, Belsize Park Broadgate, East Dulwich and Westbourne Grove.
The Fulham Shore plc
@thefulhamshore
·
Apr 24
Areas covered as of today Chiswick, Soho, Tottenham Court Rd, South Kensington, Dulwich and more .... put in your postcode to request - the delivery of fine Italian foods
@EatalianoUk
....and
@Deliveroo
Will add a few more
https://www.francomanca.co.uk/menu/
Think twitter is revealing, stores reopening here. Might get a rns to confirm store reopenings
as a recovery play?
I just dont understand why the market hasn't sent this up20% most companies are recovering their share prices
Thanks draft. It reads very well to me.
The fundraising option comes after cash and the banking facility so they are hopefully in an okay place.
You can tell this company is being run by entrepreneurs and not your usual plain management - they are creative and lean!
I have high hopes here.
Have staff been keen to come back to work?
Funnily enough, we’ve employed chefs that have been sharing flats together for the last three or four weeks. They come to work together and they go home and live together, self-isolating in flat share arrangements.
We’re opening for six hours in the evening, with seven shifts a week, so we employ two chefs for 42 hours a week. We started off like that because we didn’t want a whole rotating workforce potentially bringing in possible infections.
We’ll see how it goes in the next few weeks. We’re looking at our labour pools to see whether we can say to people, it would be really helpful if you shared accommodation and came to work, to create a pod or a pool of people who’re self-isolating together.
We are all keen to get the trade going again. We want to have enough trade to employ the people, what we don’t want is to end this period of furloughing and have to start getting into redundancies.
This is one of the many reasons why we’re starting to get it going, so we’re ready in a couple of months’ time to reopen in some way.
Has your delivery experience helped?
Normal takeout/delivery is about 15%-20% of our business. So if we can go back to that level and maybe a bit more we’ll be doing maybe 30% or so.
The new locations were previously good delivery and takeout branches for us. They were also physically big enough that we could do the social distancing and there was lots of room for people to keep apart.
Who are you working with on delivery?
We’ve had had relationships with both Deliveroo and Uber Eats, but we’re doing Deliveroo at the moment for the trial. We’re still very friendly with Uber Eats and might open some more sites in a few weeks time and try it with them.
I think that old one-off relationship with delivery companies is over. A lot of places now have two or three tablets. Effectively the drivers work for all three companies anyway. They’re all freelance.
How do you see dine-in returning?
Slowly. The bigger restaurants will be easier as we have the space to spread out tables.
But the real issue as with all the other operators in the sector is rents. The landlords are obviously keen for us to reopen, but we won’t have the turnover to justify the rents we were paying before. We can do more delivery than before, but we’ll have half the turnover initially of dine in. And that will build slowly.
We’re talking to all our landlords now and explaining that the rent they were receiving before is not going to happen again.
I think nine months is probably too short for a time out, I think we’ve got to take a two or three year view.
I think he is talking a worst case scenario here
Any plans to raise further investment or refinance?
No, we haven’t raised investment. Obviously we’re on AIM [stock exchange] so that is a possibility. We have a banking facility, and we’ve got cash in the bank, so we still have somewhere to go at the end.