Primary Recommendations

Loungers - Opening 35 casual dining outlets annually there’s plenty of runway to 665 target

September 2024

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.

With average pay settlements running at almost three times the rate of inflation (and further stoked by Labour’s inflation-busting pay settlement for teachers and NHS staff), the first stirrings of a new feel-good factor are sweeping the UK. Another indicator of better times comes from forecaster GfK’s Consumer Confidence Barometer, running since 1974, which has improved for the third month in succession to its highest since November 2021 when the country was still enjoying the Pandemic stimulus. I think one likely beneficiary of this increased disposable income could be Loungers, which operates a fast growing chain of casual dining outlets in the UK. In a hospitality sector on its uppers with a number of restaurants and pubs clos ...

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Hunting - Investec increases price target by 200p to 665p after guidance raised yet again

Cohort - Path to mid teens EBT margins (from 10.4%) not in forecasts

Loungers - Agreed bid at 310p; gain 172% (January 2025)

Loungers (December 2024)

Loungers (June 2024)

Loungers - Strong trading delivers new upgrade (January 2024)

Loungers - Like-for-like sales accelerate to almost 10% (December 2023)

Loungers - Roll-out target upped from 400 to 600 (September 2023)

Loungers (June 2023)

Loungers (February 2023)

Loungers - Accelerating new openings from 24 to 32 as it eyes 500 outlets (September 2022)

Loungers (June 2022)

Loungers (February 2022)

Loungers (January 2021)

Loungers (December 2020)

Loungers (October 2020)

Loungers - Best-in-class cafe bar group looks set to beat forecasts (September 2020)

Loungers - New issue moves to healthy premium (June 2019)

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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