Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I’ve always found Spoons try to maximise outdoor space, more tables means more revenue with their high volume model. The one in Canary Wharf has extended so much that staff are trying to dodge delivering to certain tables as they are so far from the bar! They added an extra 40 tables to the 30 they had already. In city centres it’s a problem but that is similar for all pubs as space is at such a premium.
Any financial squeeze on families will cause some migration to cheaper alternatives I.e spoons!
Thanks for posting that, not sure the current rise is on the back of anticipation of dividend reinstatement, more on emerging from covid restrictions. We got to 330p last year with similar restrictions in place.
Held via HL :-)
Be interesting to see what the next RNS or director trade is in relation to the rise today.
With inflation the way it is 2000p is easily doable, of course, Ruddles might be £10 a pint by then too! But on paper it’ll be a big profit :-0
It seems in a sound position, low debt so rate rises not a great concern, offers great value for money so appeals to many when consumer confidence is low. Surprised the SP is this low and not showing much bounce at the moment- any suggestions anyone? It all seems an overreaction to the ceo selling a large stake but I had the chance I’d do the same at his age, got to enjoy it while you can!
Has the positivity from the reading update evaporated? RTN seems especially hard hit today. Anything else happening to RTN?
Ukraine-Russian tensions finally hitting the headlines over partygate. Airline shares doing worse if that helps!
The mix of people you get in spoons is something Tim Martin should be proud of and it means it appeals to a broad section of society. I remember being in Penderel’s Oak in Holborn looking for a table and a baby in a high chair had dropped its bottle, I picked it up to give back to mum and she was Indian. I thought if Indian women, with a baby, think of Spoons as an option for a meal then that is quite a change from the image that many pubs have (rightly or wrongly), all a plus for market share. Penderel’s Oak has a fascinating history too that you can read about in the pub.
Spoons does have the advantage of suffering no cancellations (as you can’t reserve of course!) and a big freezer to “preserve” a lot of the food, along with having the app before the pandemic - quite a few pluses over the competition.
Many hospitality/domestic travel shares dipped this morning but have now come back to reasonable decreases, even the govt seems wary of imposing further restrictions as the effects are not as strong now we have a vaccine anyway.
Possibly, but we have seen the rises too on good news. I’ll top up if it drops, but I’m not convinced it’ll drop too much so will stay invested. The end game has to be a return to normality next year (my assumption)
Nex holding up well, even the sp has got bored of omicron :-) Dow futures up so making back the drop from yesterday. Complete overreaction after first case confirmed in the US, we’re so globally connected it had to be there anyway.
Same again! Big drop in the us indexes, Nikkei and ftse to follow tomorrow- of we go again on the daily yo-yo.
Ftse up, nex up today. Enjoy before the drop tomorrow but look forward to the rise the day after! Uncertainty in large amounts is very wearing.
We just need another ceo to big up their vaccine and back up everything goes.