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City restaurant (RTN)     

ckmtang - 03 Feb 2004 08:30

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

stroreysj - 09 Jan 2008 16:45 - 141 of 301

dont panic captain mannering. Its only a loss if you sell it . it will go up again sometime soon, although I remember saying that when I bought Barrats at 656 and still holding. Ive moved from a day trader, to a swing trader to a value investor in a matter of months and now im just counting the holes in my pockets. Still no doom and gloom - cant wait for the next slapping, sorry instalment.

scotinvestor - 09 Jan 2008 16:58 - 142 of 301

yes it will go back from the value u bought it at in 3 years time!

ptholden - 09 Jan 2008 17:52 - 143 of 301

scotinvestor

Laughing at other posters losing money has to be considered pretty low even by your standards, I take it you have no problem sliding under a snake's belly?

Cynic posts how he sees it, rightly or wrongly, you on the other hand are full of bile and probably the most obnoxious poster on MAM.

FWIW the lesson here is not to fall in love with a share nor trade against the trend; picking tops and bottoms is the most dangerous art of all, success reaping the greatest rewards, failure the greatest losses.

Toya - 09 Jan 2008 18:06 - 144 of 301

Well said pth - Cynic is always prepared to air his mistakes, which takes courage I reckon, and he's not one to crow about those made by others.

Let's hope scotinvestor speaks in jest.

cynic - 09 Jan 2008 18:50 - 145 of 301

the pict is serious at least to himself ..... he should keeping to tossing the caber rather than himself, but seemingly he has a problem which i do not share

hlyeo98 - 09 Jan 2008 20:22 - 146 of 301

Got this right within 2 days.

stroreysj - 10 Jan 2008 02:30 - 147 of 301

If this doesnt rebound significantly by the end of jan Im packing up and going skiing for three months. There is so much doom and gloom out there about a recession which is not happening any tme soon in the UK. The dynamics of supply and demand of the housing market are different to the US, with the start of interest rate easing, improving exports from depreciating sterling (remember previously artificially high to dollar) as well as sustained growth in Asia I find myself agreeing with Gordon Brown (one time only) that the growth rate of the Uk will fall only fractionally. There is no RECESSION . I agree never buck the trend but this is going to reverse soon and sharply once someone is brave enough to put the pieces together.

Toya - 10 Jan 2008 07:15 - 148 of 301

Quite agree stroreysj - RTN got bludgeoned. All this talk of recession - anyone would think we want one! And what with global warming you may not even be able to escape to ski for as long as three months!

Toya - 10 Jan 2008 07:36 - 149 of 301

RTN apparently a 'buy' recommendation in today's Telegraph and Independent - anyone have the details?

stroreysj - 10 Jan 2008 07:42 - 150 of 301

Recommended in the Guardian also. I know the numbers were more than a bit skewed yesterday, so support and resistance numbers can be a wee bit off. But assuming they follow logic they produce a first resistance level of 146 so plenty of upside for the day trader

Toya - 10 Jan 2008 07:59 - 151 of 301

Thanks st

skinny - 10 Jan 2008 16:12 - 152 of 301

In auction again!

cynic - 10 Jan 2008 16:18 - 153 of 301

curious stuff ..... meanwhile DOM is performing relatively strongly, yet i have always regarded them together even though their markets are slightly different

scotinvestor - 11 Jan 2008 09:52 - 154 of 301

still going down

going sub 100p soon

stroreysj - 13 Jan 2008 06:25 - 155 of 301

as ive said before its only a loss if you sell it. Given me an excuse to go on holiday for a week

stroreysj - 22 Jan 2008 10:31 - 156 of 301

scotinvestor..not that im one to gloat but as you appear to appreciate peoples mis fortune ..just for the record - held on to this long enough to make a sizeable profit. Will reinvest if it goes south again

cynic - 22 Jan 2008 11:21 - 157 of 301

the "scaly pict" loves to gloat .... rather suspect he has been bitten rather hard, which of course is very sad

though a long time follower of RTN, i confess i find it difficult to convince myself that this is currently the right sector - if there is such a thing at the moment!

cynic - 04 Mar 2009 17:59 - 158 of 301

i have steered well clear of high street and restaurant stocks for some time, but RTN (as well as DOM) just may be worth buying on the back of their results and the break out through 200 dma


RTN said for the year ended 28th December 2008 statutory pretax profit increased by 10% to 47.1m, while revenue rose 14% to 426,5m with like-for-like revenue up 1.5%. Full year dividend was hiked 6% to 7.7p per share.

The group said current trading was satisfactory given the economic climate with like-for-like sales down 2.5% for the nine weeks to 1st March 2009, an improvement on the last two months of 2008.

roll out of new sites continues, with 40 new sites (24 net new sites) opened in the period - all self-funded. 15-20 new sites are targeted for 2009.

the current year has started well with total revenues 4% ahead of last year.


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

skinny - 21 Jul 2009 10:00 - 159 of 301

These had fallen off my radar - but starting to look interesting again.

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

skinny - 12 Aug 2009 14:49 - 160 of 301

12 month high - reporting on the 26th.
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