Comptoir (COM) owns a range of Lebanese styled restaurants largely in prosperous parts of the UK. It is now expanding abroad often by franchising but today says that it is pondering quitting AIM. Why the hell would it stay?
In 2024 “Lebanese and Middle Eastern inspired restaurants” group Comptoir (COM) was “pleased to announce the appointment of James Fisher as Finance Director… finalises the restructure of the senior leadership team”, now it’s “pleased to announce that Nathan Portelli, who is currently Head of Finance, will move into the Finance Director role later in the year… James Fisher has informed the board of his intention to step down as Finance Director”. How ‘pleasing’ really is this then?
“Lebanese, Middle Eastern and North African inspired restaurants” group with 22 owned restaurants and a further six franchisee restaurants, Comptoir (COM) states that it “is pleased to announce a Trading Update for the financial year ending 29 December 2024”. So why are the shares at 3.25p comparing to 7.5p at the start of 2024?
Lebanese and Middle Eastern restaurants group Comptoir (COM) states that it “is pleased to announce its interim results for the six-month period ended 2 July 2023”. However what of the shares, having recently risen to above 7p, currently falling back to 6p?
Previously writing on Lebanese and Eastern Mediterranean restaurants group Comptoir (COM), in June I noted founder, Creative Director and 47.6% shareholder Tony Kitous voting against AGM resolutions including the re-election of Richard Kleiner as Chairman and that, if the Chairman and CEO Chaker Hanna don’t resign, a director change General Meeting would be requisitioned. There has now been a “Board changes and appointment of Nomad & Broker” announcement.
Lebanese and Eastern Mediterranean restaurants group Comptoir (COM) has announced that it has received a proxy form and a letter from founder, Creative Director and 47.6% shareholder Tony Kitous voting against, at its AGM this week, the re-election of Chairman Richard Kleiner and the directors having authority to allot shares. Further the letter states that if the Chairman and CEO Chaker Hanna don’t resign, a director change General Meeting would be requisitioned.
Lebanese and Eastern Mediterranean restaurants group with the Comptoir Libanais and Shawa brands, Comptoir (COM) is “pleased to report on the group's annual results for the 52-week period ended 2nd January 2022… look to 2022 and beyond with great confidence” – and the shares have currently responded more than 40% higher towards 8p.
Lebanese and Eastern Mediterranean restaurants group Comptoir (COM) has announced results for the first half of 2020 including noting “challenging” market conditions but “greatly encouraged by the strength of the Comptoir brand… confident that we will emerge all the stronger out of this crisis, working in collaboration with all of our partners, as consumer confidence lifts”. Hmmm...
Comptoir (COM), the Lebanese and Eastern Mediterranean restaurants group with 30 restaurants including 6 franchised sites, has updated “re: Restaurant Reopenings” – and the shares have currently responded to 4.20p, approaching 10% lower...
