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

Deutsche Bank today downgrades its investment rating on Restaurant Group PLC (LON:RTN) to hold (from buy) and cut its price target to 525p (from 690p).

i stare in wonderment at the massive fall in this stock
i really can't see that it's warranted, especially as the markets are (mistakenly!) trying to head north

i had a very lucky escape the other day

You did, and it doesn't look as though the sp is about to change direction atm. However, certainly worth watching imo, as at some point, if it changes direction, there are some significant gaps to trade.

Just had a small long here.

very serious OUCH OUCH OUCH if you are a holder ..... fortunately i haven't been for quite a while

* Restaurant Group down 15 pct after company cuts its full-year outlook again and warns that it sees no improvement in the short-term
* Co says competition from online shopping, pubs and other chains continues to weigh [nL3N17W23L]
* Shares, already reeling from a dismal outlook issued last month, fell to their lowest since Aug 2012
* Co says trading conditions deteriorated further since the March update and that it has now commenced a review of operating strategy
* Co's CFO to leave with immediate effect

Sector seems ripe for consolidation.
2517

F & B Chaıns are awful. Chıquıto the same. How they got away wıth ıt for so long ıs the real shock.

Is ıt a buy yet? :)

read ST
arguably a t/o target but prepare for a bumpy ride

The chart looks like the terracing of the vineyards in northern Portugal, where I am at mo!!! Strangely Just Eat seems to be doing quite well, but that is internet delivery rather than bums on seats in a restaurant. I wonder if people's tastes in dining are changing again! (Excl London)

we went to cascais for the first time last summer and liked it so much - and the fish! - that we'll be back there at the end of june

HATE the algarve though and would certainly never pay to go back there

I am half way down now. Was going to head towards Algarve. It's not yet the holiday season here, so all pretty quiet. Absolutely lovely country, lovely food and wine (my first time). A friend said Portugal is like the UK in the 60's. The young hate it, but us older folks think it's really quaint.

algarve is full of ex pats and overpriced 2nd-rate restaurants with menus in german!

Thanks for the tip Mr C. Will have to see what the weather forecast is to decide on north or south for our next day's journey (in Motorhome).

lisbon is well worth a visit, but don't try to drive into the city to park
far better to park outside and catch a train in - very easy and frequent service

Harry,

If you are wandering south from Lisbon take the coastal road from Setubal, via Grandola, Sines and Vila Nova de Milfontes, Odemira, Aljezur. Also, go to Vila Do Bispo
and Sagres.

Milfontes, is a beautiful bay and does have a campsite for parking. (Never used it.)

Very nice patisserie on the main street.

Beautiful, coast with many good restaurants, but stick to the simpler dishes. Fish food is fresh and generally grilled.

I have driven that coast in my 33foot motorhome and had no difficulties even though at the time some of the roads were being upgraded.

The Campsites are basic, but all I needed was occasional dumping and fresh water.

I wild camped in Portugal on and off for 3-4 or more years. The people were nice, friendly and helpful.

The country is beautiful.

The centre of Portugal and its lakes are also beautiful, but fill up with diesel or petrol.


Good luck.

I hope that I can revisit the country.

PS.

Oporto is a beautiful town and if you drift up the Douro and back down the other side there are some lovely little towns and it is fascinating to see the small patches in the hillside used for growing grapes for Port.

-=-=-=

Coimbra the university town is another visit and Tomar.

Tomar has a beautiful little campsite and a little restaurant near the bridge leading to the campsite serving barbequed Goat kid.


-=-=-=

I think it is time to dream again.

PS.

If you go to Lisbon in the motor-home you camp safely at Orbitur Campsite across the Tragus at Costa Caparica and take the ferry into the city centre.

The campsite is a bit rough and ready, but transport to the ferry is easy.

Go to the old town in Lisbon.

conducted (private) walking tours of lisbon are also very much worthwhile

shame tomar is so far (2 hours drive) from cascais ..... makes it a bit of a fag to go there and back for the day

Thanks for the info guys. Looks like low pressure moving in for the next five days, so doesn't really matter north or south. Suspect south will be the preferred option. Currently at Pedrogao. No complaints really as it's 26 deg at noon most days!

Harry - enjoy!