Bought a few of these yesterday on the back of an excelent AGM report. The owner of CPH is the chap who was behind the success of Pizza Express so I would tend to think he knows what he is doing.

The company as already bought two high street brand names and is looking for a third. Highly speculative of course but I tend to think with this guys track record the reward will outweigh the risk.

Heres the AGM statement....................

The Clapham House Group PLC
07 September 2004



The Clapham House Group PLC
7 September 2004


AGM Statement


At today's Annual General Meeting, David Page, Chairman of The Clapham House
Group PLC ('the Company' or 'Clapham House'), will make the following comments
on the Company's trading and prospects :


'Since their respective acquisitions, The Real Greek and The Bombay Bicycle Club
have been successfully integrated into Clapham House and both businesses are
currently trading ahead of our expectations.


The Real Greek

A new Real Greek Souvlaki & Bar opened in a premium location on London's South
Bank in the first week of July 2004 and has traded excellently in its initial
weeks. Encouraged by this success, we are currently negotiating on a number of
further properties for The Real Greek.


The Bombay Bicycle Club

The Bombay Bicycle Club restaurant and delivery kitchens have performed well
since their acquisition in April 2004. A new Bombay Bicycle Club restaurant is
under construction in Hampstead and will open in the autumn. Four further
properties are currently under offer and with lawyers.


Corporate Developments

We are also negotiating on several further potential acquisitions. We are
confident that one of these will become the Company's third platform format,
comfortably inside the two years we set ourselves for completing our three
initial acquisitions at the time of the Company's admission to AIM.


Negotiations to acquire property packages are also ongoing with a number of
parties, although we have made it clear in these discussions that we are not
prepared to pay uneconomic prices for packages of sites.


Outlook

As a Board we are delighted with the nature and speed of progress made to date
in achieving the Company's strategic aim of building a group of high growth
restaurant and delivery formats.'


Enquiries :


The Clapham House Group PLC
David Page, Executive Chairman 07836 346934
Paul Campbell, Chief Executive 07785 228299


Noble & Company Limited
John Llewellyn-Lloyd 020 7763 2200


Gainsborough Communications
Andy Cornelius 020 7841 1023
Julian Walker 020 7841 1021





Note to Editors

Clapham House's aim is to exploit acquisition opportunities within the UK
restaurant sector. The Company's strategy is to create value for shareholders
through acquiring and actively developing a small number of quality, branded
restaurant formats predominantly in and around the M25 region for expansion into
a high growth restaurant group. The Company successfully floated on AIM on 10
November 2003 and is backed by a number of leading City institutions and with
significant investment from the founding management team.






This information is provided by RNS
The company news service from the London Stock Exchange ENDS.


Please DYOR.

cheers Gf.

Nice results AL:-)

Great results and expansion to continue at a pace. More sustained gains to come in my opinion. 7 contracts signed and more in the pipeline, fast roll-out across the UK. Excellent format of GBK.

Nice day once more. ;-))

Good write up on pg 24 of the FT today (plus a photo!) and a few buy recs coming in, varying from 430p up to 500p.

Out for a nice profit today. ;-))

Nice pick up here of late and with potential Wagamama float perhaps better value can be attributed to this fast growing Gourmet Burger chain.

Sharewatch added to their portfolio now I believe. Expansion quietly taking place in the background and going unnoticed.

Clapham House H1 profits to rise, warns FY 2008, 2009 below expectations UPDATE
AFX


(adds detail from statement, background on roll-out plans)

LONDON (Thomson Financial) - Clapham House Group PLC said first-half adjusted pretax profit will be 1.5 mln stg, up from 1.2 mln, but warned it sees full-year growth for 2008 and 2009 significantly below original expectations.

House broker Investec Securities was expecting adjusted profits of 6.5 mln stg for full-year 2008, up from 2.9 mln, and sales up to 69 mln from 45.9 mln.

The owner of the Gourmet Burger Kitchen and Bombay Bicycle Club chains said it is concerned about the uncertain economic outlook, potential food cost inflation and recent increases in rents quoted for new properties. It said it believes it is prudent to adopt a more conservative opening programme for the Group in the UK for the year ending March 2009.

Clapham House said its expansion programme will concentrate on the UK and international roll-out of its Gourmet Burger Kitchen chain, with the group seeing 18 openings across all format in full-year 2009, of which it expects 13 will be in the UK and five overseas. The group had originally intended to open 20-25 Gourmet Burger Kitchen restaurants in 2009 and had hoped to extend the upmarket burger chain into another territory, building on the existing franchise in the Middle East.

Clapham House previously had hoped to add another two or three The Real Greek restaurants in 2009 but today warned there has been a delay of at least 12 months in the landlord releasing the sites for the company to building its The Real Greek and Gourmet Burger Kitchen restaurants at the Spitalfields development in London, which were expected to have contributed at least 500,000 stg to this year's operating profit. The group said it now anticipates that these two restaurants are unlikely to open until well into the financial year to March 2009.

that is worse than a profit warning; it's positively toxic!

A severe case of food poisoning..pass me the sickbag.

Quite so, Mitzy! But they still want to buy the Rusty old Car!

pas moi! ..... glad the analogy appealed

Bon! Je suis tres heureuse!

Stay clear I would not be surprised if it falls to 100p.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/04/ccdiary104.xml

Yes, I got out yesterday and considering shorting, but probably not yet. However I still don't think people will stop spending 10-15 on a cheap meal out.

am i not right in thinking that David Page (why did he disappear from Pizza Express?) has a similar touch to Eric Nicoli?

as far as i can see, the prob with CPH is that they are heavily exposed in shopping malls etc, and it is there that the problem lies - lower footfall ...... RTN seems to have a different base, or so we are led to believe ..... not sure why DOM has been hammered so badly, except from the general fall out perhaps

Dead cat bounced ( a little ) quick 5% profit, dont you just love rusty cars!

yes if you were smart-arse enough!

Quite right you have to be smart to make a buck in this market! By the way all the top management of CPH are ex Pizza Express. DOM's problem like most catering stocks is their high PER.