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what - might as well open them all up now.
Sell value is almost 4-1 greater than the buy value, but sp goes up by 22%! And where are the accounts? Can find last year's interims....
Have Tasty furloughed their staff?
Sorry for all shareholders. Hope you manage to make your loses up elsewhere
Sometimes these bombed out shares can rebound but I wouldn;t be putting in any orders ( for more shares) any time soon. Lots of shares in the same boat of course but who wants to be on a boat these days?
What can we do but sit and wait.
but holders have to digest the fact that investing in the food restaurant sector is a no go area for now. I don;t think they have the weaponry to cope with a surge in takeaway orders. This COV19 is really biting even as customers aren't.
Yes I think so. Time and positive news is whats going to swing it.
Has the run on the SP come to an end?
Great SP response to the RNS today. Maybe life in TASTY yet! More good management actions could turn this round. Triage the estate. Return to profit. Simples!!!
Well received - onward and upwards!
It may well continue to be a slow upward climb but I feel at long last we are moving in the right direction.
Still a good opportunity to lay some down and lock-away for more to come, imo.
There a great idea. Clever option if you dont all like the same food.
Basically it over expanded and over diversified.
They have tried to address that.
Consolidation after borrowing to expand. Concentrating on core business and profitable sites.
Hopefully returning to better times. Its a long haul in SP terms.
Smart restaurants. Good food. Nice service. Knowledgable and very experienced BoD. What’s down with this business?
Good to see the uptick of today at Tasty....does anyone know the reason behind the buying, other than the demise of Jamie Oliver's chain? Thanks.
Shame the owners need to go this low to try and rip off independent shareholders.........no point taking up the open offer as the company is worthless and will cease trading soon with the way it is run.
The company should be sold to competent people who can run a restaurant instead of dodgy people who are using the company as a cash cow...........most of its costs goes to a related party. They turned the last money raised into dust in less than 3 years so this will go up in smoke in just 3 months!
Best blame it on civil servants on final salary pensions spending their money elsewhere.
you do make me laugh.
these were owners who went public.
I doubt that would be a good idea.
people with the money wanting a change or seeing it as stale and being able to go somewhere else.
maybe.
perhaps that's why they tried the far east variety.
perhaps there isn't the money where they are.
or large parties dont eat out.
some days you either have to have a captive customer with little choice and no money.
or lots of customers with money and a lot of choice.
perhaps those big parties aren't there.
they were a few years ago.....
Plenty of excuses here reported for poor sales.The hot summer,the World Cup, the exceptionally cold weather and the snow. All this despite one of the warmest winters we have had.Maybe the Chairman should walk or admit the food and value on offer is not very good.More closures will follow it will get worse.
Tasty raised money 3 years ago at over 100p, now it’s worth less than 9p! Another set of bad result is coming, the MMs know the score, the insiders are shorting too......I guess administrators are waiting for another payday.
This can’t be worse than patisserie Valerie so get on with it dodgy ba$tards!
As a concept of a restraint for a large party who dont all like the same food and keeping everyone happy.
Brilliant.
Expanding into oriental didn't seem to work.
Problem now is keeping investors as happy as the customers.....this is about the passion the people that run it diving it forward. And perhaps overspending into too much choice. The only run the wildwood version now.
Eating out isn't cheap, but I think a takeover would take away the passion of the people running it.
It just need time to recover and people to eat out.
Perhaps people not spending because of brexit might have an impact....
SBB1,
This is a great takeover target as it has less debt, RTN paid over the odds for Wagamama.
Worth a punt ?
Dim t and wildwood needs a generous offer too......less debt than Wagamama!
The company should be sold off as the management have conflict of interests and very inefficient. Useless companies like tasty should never be listed even on AIM.
So this is barely turning a gross profit. In addition to this the cash generated from operations is negative £2.26m. That is significant. This was £1.1m positive for the same 6 months in 2017. This represents a significant deterioration. I had expected the £4.15m of proceeds to go largely towards paying back debt. This didn't happen as it was obviously eaten up as a result of the negative operating cash flow. Debt was reduced but is still at a level that looks dangerous given the operating cash flow situation.
I think things will improve given the rationalisation of other estates (Prezzo, Jamies, Zizzi, Byron, Carluccios) but this could take a while. The question is will Tasty survive until this happens. In my view another cash injection will be required. At this share price a placing is difficult. In my opinion I see this getting taken private eventually. The Kaye family have the cash and are unlikely to want a very public failure on their hands. I was in York over the summer. Wildwood have a beautiful restaurant there - it is huge but it was dead. York has a Jamies, Carluccios, Bills etc - virtually every chain you can think of. Whilst the Wildwood is very well (and expensively decked out) it's not in the busiest street. It needs to be busier than it was on the day I observed to cover costs.