Results: MEX

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GOTCHA – Tortilla Mexican Grill – profits warning when’s the placing?

I warned and I warned that this Mexican style fast food rollout would go badly and today shares in Tortilla Mexican Grill (MEX) have duly puked by 30% to 101p. It was just 362 days ago that this company joined the AIM sewer at 181p having raised £5 million for the company and £12 million for founders cashing in some of their nachos. Good call.

By Tom Winnifrith, the Sheriff of AIM
2022-10-03 14:14:08

NEWSFLOW

Tortilla Mexican Grill (#MEX) – H1 profit down to £0.2m, warns on inflationary cost pressures

2022-10-03 07:51:07

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Tortilla Mexican Grill – The Times they are a changing ( and not for the better)

An upbeat trading statement from Tortilla Mexican Grill (MEX) tries to paint a bright picture for this member of the shamed IPOs class of 2021 - listing at 180p on October 8 with founders dumping £23 million of stock, share price today 125p. But buried deep in the release is a clear warning of troubles ahead.

By Tom Winnifrith
2022-07-18 10:34:54

NEWSFLOW

Tortilla Mexican Grill (#MEX) – emphasises H1 revenue growth, more challenging operating conditions towards period-end

2022-07-18 07:48:57

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Tortilla Mexican Grill dumps auditor, nine months after IPO: red flag?

Tortilla Mexican Grill (MEX), the mid-market restaurant chain, has announced that just nine months after its IPO, it has dumped existing auditors, Blick Rothenburg. And after a competitive tender, it has appointed Haysmacintyre LLP as its new statutory auditor. Odd timing: is this a red flag?