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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Restaurant Group - Up to 43 new openings in 2014

March 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • RTN
  • Price:
  • 625p
A pleasing “ahead of expectations” trading update from Restaurant Group pushed the shares to a new high of 670p. The company reported a 9% jump in turnover for the year to 29 December, of which like-for-like sales rose 3.5%, while completing a hat trick was the news that operating margins are expected to ”show progress over 2012.” There were 35 new openings in 2013, with trading at these sites described as excellent (returns on investment more than 30%)  and the plan is to open 36-43 more this year. Although Restaurant Group claims the economic outlook is still unchanged there will at least be easy comparisons with last year (which was hammered by spring snow and a summer heatwave), which should ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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