Good morning!
Lots on the newswire today, including:
Loungers (LON:LGRS)QUIZ (LON:QUIZ)PCF (LON:PCF)Mamp;C Saatchi (LON:SAA)LoopUp (LON:LOOP)Numis (LON:NUM)Impax Asset Management (LON:IPX)Character (LON:CCT)Finished at 5.15pm.
This section by Paul Scott:
Loungers (LON:LGRS)
Share price: 205.2p (+4%)No. of shares: 92.5 millionMarket cap: £190 millionInterim Results
Loungers plc (“Loungers” or the “Group”) is pleased to announce its unaudited Interim results for the 24 weeks ended 6 October 2019 (the “period”).
This is a hospitality sector roll-out, opening 25 new sites each year. It floated in April 2019.
My hospitality sector expert tells me that the management team are very good. After getting my fingers burned with losses on a bars roll out that went wrong, Revolution Bars (LON:RBG) , but seems to be starting to get back on track again, I’ve been a bit reluctant…
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