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

still going down

going sub 100p soon

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

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

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!

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.

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

12 month high - reporting on the 26th.

me too .... no longer sure what i think of this group, or about investing in high street stocks at all in the current climate

Noisy area chart wise (like so many atm) RNS show L&G now below 5% - maybe short before figures?

you might find the chart below quite interesting

glad i bought back into these .... chart now looking very good, figures out 28th august and i also notice that yield is 6.86% ...... obviously it presupposes that divi is held

Restaurant Interim Results





TIDMRTN

RNS Number : 1528Y
Restaurant Group PLC
28 August 2009

?






The Restaurant Group plc


Interim results for the 26 weeks ending 28 June 2009


The Restaurant Group plc operates 358 restaurants and pub restaurants
predominantly in leisure locations and airports. Its primary offerings are
Frankie and Benny's (182 sites), Chiquito (60), Brunning & Price (15),
Blubeckers (29) and Garfunkel's (21).

The Group had a resilient performance in the first half of 2009:

o Revenue increased 3% to GBP210m (like-for-like -3%)
o Adjusted EBITDA increased by 3% to GBP36.3m (2008: GBP35.3m)
o Adjusted profit before tax increased by 3% to GBP21.7m (2008: GBP21.1m)
o Adjusted EPS rose 4% to 7.49p (2008: 7.20p)
o Interim dividend maintained at 1.4p per share
o Statutory profit before tax decreased by 9% to GBP20.1m (2008: GBP22.1m)
o Statutory EPS increased by 14% to 8.68p (2008: 7.60p)
*Results marked as adjusted are stated excluding non-trading items (refer to
note 2)


Performance demonstrates the resilience of TRGs business and strength of
its brands

Operations strongly cash generative; net debt reduced by GBP10m since
year end to GBP69m
Continuing new site development
o Eight new sites opened in the period
o 15-20 new sites targeted for 2009

Resilient current trading with year to date like-for-like sales for the
34 weeks to 23 August 2009, -3.5% against strong comparatives

Board is confident of another year of progress in 2009

Andrew Page, Chief Executive of The Restaurant Group plc commented as follows:


"These are good results, with sales, profits and earnings per share all
increasing. Our strategic market positioning combined with a clear focus on
value, margins, service and hospitality has enabled the Group to make further
profitable progress during 2009, despite the severe economic downturn.


In addition to delivering these strong results, our team has also successfully
opened twelve new restaurants so far this year and they are all performing well.
Although conditions remain tough, going forward we will be looking to maintain
our profitable progress."


28 August 2009

Results going down well!

good reminder a couple of weeks back skinny ..... another little cracker on top of PXS and GKP and a few others

Up 11% and on good volume.

Preliminary Results.

The Group had a resilient 2009:

- Revenue up 5% to 436m

- Adjusted EBITDA increased by 3% to 80m

- Adjusted profit before tax increased by 2% to 50m

- Adjusted EPS rose 5% to 17.5p per share

- Second interim dividend of 6.3p per share declared and proposed final dividend of 0.3p per share giving a full year dividend of 8.0p per share, up 4%

- Statutory profit before tax increased by 2.5% to 48m

- Statutory EPS rose 15% to 18.90p

The Restaurant Group plc

AGM Statement

At the AGM of The Restaurant Group plc ("TRG" or "the Group"), to be held later today, Alan Jackson, Chairman, will make the following statement, which comprises the Group's Interim Management Statement as required by the FSA's Disclosure and Transparency Rules:



Current trading

The Group has continued its positive start to 2010 with total sales 6% ahead of 2009 and like-for-like sales 0.5% ahead for the 18 weeks to 2 May 2010. We estimate that Group like-for-like sales would have been approximately 1.5% ahead of the comparable prior year period had it not been for the impact on our Concessions division resulting from the disruption to air travel caused by the volcanic ash from Eyjafjallajokull. Our Concessions division was in good growth until the ash cloud halted air travel and we saw five days of sales decline in excess of 90% in our airport business.

Interim Results.

Record interim results despite a very challenging half year:

Statutory and adjusted results stated on a 27 week basis in 2010 compared with a 26 week basis for 2009
Note: 26 weeks comparable

- Revenue increased 9% to 229m (2009: 210m)
+5%

- Adjusted EBITDA increased by 10% to 39.8m (2009: 36.3m)
+6%

- Adjusted profit before tax increased by 13% to 24.6m (2009: 21.7m)
+10%

- Adjusted EPS rose 13% to 8.5p (2009: 7.5p)
+10%




- Statutory profit before tax was 24.8m (2009: 20.1m)


- Statutory EPS was 8.6p (2009: 8.7p)

both DOM and RTN (this one) are worth keeping an eye on for the year ahead.
both have good products and are targeting solid middle-market households ..... assuredly higher "softs" will impact as will the increase in VAT, but people will still want to "treat" themselves

Pre-Close Update.

Turnover for the 53 week period to 2 January 2011 was 7% ahead of 2009 (a 52 week period) and like-for-like sales were 1% below the prior year. Turnover for the final part of November and the first four weeks of December was impacted by the unusually harsh weather conditions experienced throughout the UK, although since then trading has been very strong. New openings were ahead of the previous year with 24 new restaurants opened during 2010. Trading at these new sites has been above expectations and they are expected to deliver strong returns. The Group is targeting 22 to 27 new openings during 2011.