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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Secondary Recommendation

Prezzo - Restaurant operator expands estate by 37% in last two years

May 2012

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:
  • PRZ
  • Price:
  • 69p
Given the ongoing squeeze on household incomes, pizza and pasta restaurant operator Prezzo might not seem an obvious momentum play but in actual fact the company is on a roll, having increased turnover by a third and pretax profit by 28% in the past two years. The essential ingredients boil down to a combination of seasoned management, a strong proposition and an affordable expansion plan that should drive double-digit growth even without any economic sunshine.Prezzo is blessed to have management who have dominated the restaurant scene for the past three decades, with chief executive Jonathan Kaye learning his trade from his Uncle Philip, who founded City Centre restaurants, which successfully rolled out the Golden Egg and Garfunk ...

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Related Articles

Prezzo - Accepts 126.5p offer (December 2014)
Prezzo - Receives bid approach (November 2014)
Prezzo - Time to top-slice some profit (June 2014)
Prezzo - Gain to date: 290% (November 2013)
Prezzo - Shares have gained a massive 290% (June 2013)
Prezzo - 15 restaurant openings (October 2012)
Prezzo (February 2012)
Prezzo - H1 ahead of expectations (October 2011)
Prezzo - Fast-growing restaurant chain likely to beat forecasts (September 2011)
Prezzo - Shares storm to new high (May 2011)
Prezzo - 11% eps upgrade (October 2010)
Prezzo - To open 10 to 12 restaurants this year (May 2010)
Prezzo - Shares wake up again (February 2010)
Prezzo - Forecasts upgraded (October 2009)
Prezzo - Restaurant operator sees substantial director buying (May 2009)
Prezzo - Balance sheet remains strong (June 2008)
Prezzo - Slows new openings programme (March 2008)
Prezzo - Results beat expectations (November 2007)
Prezzo - Restaurant owner sees fast roll-out of units (August 2007)
Prezzo - The new Ask Central? (May 2002)

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.

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