Member Info for boraki

This is paying 7% dividend at current prices.

Seems good to me

https://www.thegrocer.co.uk/store-design/sainsburys-opens-food-to-go-counters-with-restaurant-group/591649.article

Sainsburys getting in on the act too

https://www.dailymail.co.uk/money/markets/article-6848717/MARKET-REPORT-Noodle-takeover-lands-Restaurant-Group-hot-water-recovery-menu.html

This is the full article in the mail
MARKET REPORT: Takeover of noodle bar chain Wagamama lands Restaurant Group in hot water but is a recovery on the menu?
By IAN LYALL FOR THE DAILY MAIL
PUBLISHED: 21:51, 25 March 2019 | UPDATED: 21:51, 25 March 2019

It has been a tough six months for backers of The Restaurant Group in the run-up to and following its £550million acquisition of Wagamama.
Worries over the strain the deal may have placed on the balance sheet have driven the share price down 100p, or 46 per cent.
But as Mark Irvine-Fortescue at City broker Stifel pointed out, transformational bolt-ons such as Wagamama rarely come along at the perfect time, or, indeed, at the ideal price.
He reckons the shares will recover, but this relies on a hiccup-free welding together of the popular noodle chain to TRG's existing Frankie & Benny's and Chiquito operation, as well as realising the planned synergies from the merger.
The Restaurant Group paid £550m for noodle chain Wagamama driving the share price down 100p, or 46 per cent
Irvine-Fortescue is a fan of the 'oversold' stock, which he reckons is worth 170p. Yesterday it was off another 2.1 per cent, or 2.5p, at 115.4p.
The Stifel abacus rattler, newly installed at the broker, took a closer look at TRG as part of a deep dive into the hospitality sector.
•

Looks like you will be feeling nearly as sick as me, (1.40p)

New low today after 6 straight day losses.

https://www.express.co.uk/news/weather/1104776/uk-weather-forecast-today-spring-heat-met-office-latest-news

The fact the weather is good and people go out more, does not seem to be having any effect to the share, except down.

1.14p new low

We will let you off,,,,, just this time mind you

Optimism at it's best

My timing for buying these was awful.

Down every day since I bought

New low of 1.187 hit

Apparently it is a 10 year low

Just hit 52 week low this morning.

Hopefully this is to do with brexit and nothing else

Down 6.2%, can be that bad. :-(

Now paying 6% dividend Year.

Cannot be bad

Very interesting reading Bonker.

Particularly, the date of 29/3/2019 coinciding with possible brexit

Summitz up at mill

Have a look at todays trades on advfn board,

It looks like city have off-loaded today

If I were one of the directors, I would be a very unhappy bunny at the share price.

They were paid in shares at 5.25p purchase price on 28/2/2019, and now the selling price is 4.7p.

The CEO is loosing £19,133 alone in 4 days out of his £182,633 pay

They are loosing a lot in just 4 days.

That would get me very unhappy with the market at the moment.

:-(

https://citywire.co.uk/funds-insider/news/city-financial-files-notice-to-appoint-administrators/a1205227

Correction to my last post, I am not sure if they are actually in Administration, but it is looking poor for them.

So I am sorry if I have got this wrong.

Looks like 26,000,000 shares held by City Financial have to be sold next week, due to administration.

See advfn board

Very ironic timing , I am afraid to say

weird trading at the moment, 5p bid and ask

2,000,000 sell at 13.26pm