Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

City restaurant (RTN)     

ckmtang - 03 Feb 2004 08:30

Anyone holding this share, any comment? It recommended by few brokers.

scotinvestor - 18 Dec 2007 09:39 - 112 of 301

dont think so!!

120p before thinking about it

cynic - 18 Dec 2007 09:46 - 113 of 301

for once we pretty much agree, though with considerable sadness .... not that we agree, but because i was a great fan of this company and as a result hung onto the stock longer than i should have.

i post a 3 year chart below, and though 120 is a possibility, you can easily pick out a couple of other levels that could provide support ..... i am afraid this is not the right sector into which to now throw money ..... however, i guess there is a chance that RTN could become a t/o target as it has an excellent brand and reputation

Chart.aspx?Provider=EODIntra&Code=RTN&Si

hlyeo98 - 18 Dec 2007 09:52 - 114 of 301

With inflation rising, RTN, CPH and DOM are to be avoided. Profit will undoubtedly be disappointing in this trend.

cynic - 18 Dec 2007 10:03 - 115 of 301

inflation has nowt to do with it ..... we are still running at an historically very low rate .... the prob is peeps lack of confidence and cash to spend on luxuries such as eating out

scotinvestor - 18 Dec 2007 10:04 - 116 of 301

i know u went into this cynic but i aint gloating.........i aint that kind of person.

its going to be hard in market over next 12 -18 months i think.....but even house prices r going to stagnate.

what does one do?

panama perhaps, lol

cynic - 18 Dec 2007 10:15 - 117 of 301

i know not ..... nor do i ever take umbrage for long if at all .....

as for investing for the next 12 months ..... hmm! not sure; there will be opportunities for sure and i dare say there will be M&A activity, but the difficulty is to choose the right sector let alone the right stock

if i was told to pick just 4 of my own portfolio to hold or even buy, i would assuredly take SCHE (buy!) and PFC + prob HAWK and PMO or IEC or TAN (to spread the risks)

cynic - 27 Dec 2007 09:13 - 118 of 301

perhaps foolishly, i have bought back in here, not least because i noted that RTN is bringing out a trading up-date much earlier than demanded .... forgotten the exact date, but around mid january

skinny - 27 Dec 2007 09:21 - 119 of 301

Notification of date of Year End trading update

The Restaurant Group will be announcing its usual year end trading update on
Wednesday 9 January 2008.

cynic - 02 Jan 2008 12:11 - 120 of 301

others also seem to be thinking that RTN is oversold and/or figures will be useful

cynic - 02 Jan 2008 12:13 - 121 of 301

others also seem to be thinking that RTN is oversold and/or figures will be useful ... sp now tryinmg to break up through 25 dma

Chart.aspx?Provider=EODIntra&Code=RTN&Si

BAYLIS - 02 Jan 2008 21:28 - 122 of 301

MAY 07 2JAN 07
RTN 360p 191
JDW 710 363
MAB 820 416
MARS 450 330

are they all over sold. JUST THINKING.

cynic - 02 Jan 2008 21:34 - 123 of 301

have no idea of the i/d of the other companies you mention .... you don't want to buy into RTN? .... that's fine ..... what the price was is pretty irrelevant, unless you are still holding ..... i bought back in at 183 on the basis that imo, sp was hammered unfairly on the back of results from M&B .... RTN said at the time that their projection for the year was still on target, and i remain confident that the figures to be produced on 9th Jan will very much support that.

BAYLIS - 02 Jan 2008 21:42 - 124 of 301

JDW. has a sale now on GUINIS 199p. 1664 199p.cheap beer.off to drink,cheers happy new year.

Toya - 07 Jan 2008 07:06 - 125 of 301

From The Times today:
"Douglas Jack, at Panmure, said: 'Premium-end and value-for-money restaurants are outperforming the more mortgage-sensitive midmarket.' In the quoted sector, he tipped shares of The Restaurant Group, the owner of Frankie & Benny's and Garfunkels, as a 'buy', forecasting earnings growth this year of more than 28 per cent.

Full article:
YO! Sushi makes gloom merchants eat their words

cynic - 07 Jan 2008 08:06 - 126 of 301

thanks for that Toya .... i am already in here, but perhaps waiting for RTN's trading update due on Wednesday

Toya - 07 Jan 2008 08:34 - 127 of 301

sp looks as though it could go down further today. Still biding my time on this one.

skinny - 07 Jan 2008 16:04 - 128 of 301

Trading update on Wednesday!

cynic - 07 Jan 2008 16:09 - 129 of 301

not sure if it is wishful thinking, but i would have thought there was a 75%+ chance of their figures being good ..... perhaps a bit more scary will be the prognostication for the rest of the year

skinny - 07 Jan 2008 16:27 - 130 of 301

Restaurant Re Post Close Update




RNS Number:2495L
Restaurant Group PLC
07 January 2008

The Restaurant Group plc
('the Group' or 'TRG')

Change of Dial-In Details for Post Close Update

As previously announced, The Restaurant Group will be announcing its usual post
close update on Wednesday, 9 January 2008.

There will be an Analyst conference call at 7:10am on the morning of 9 January
2008. Further to the announcement made on 21 December 2007, the dial-in details
for the call have changed and are as follows: Dial-in: +44 (0)1452 555566 and
quote Conference ID: 30313901.


hlyeo98 - 07 Jan 2008 19:52 - 131 of 301

I don't believe Panmure Gordon's tips to buy RTN. Look at its own sp - dropped from 230p to 90p in 2007. RTN is a SELL now at 165p. Possible buy at 120p.
Register now or login to post to this thread.