ShareProphets : tidm

Previously writing on Lounge and Cosy Club cafe/bar/restaurants company Loungers (LGRS), in summer last year with the shares at 277.5p I concluded that the valuation and sustainable demand uncertainty meant at best only on the watchlist. The shares are currently at 206p, though what of they being up today on the back of a “continues to thrive” trading update?

By Steve Moore | Published 2022-10-14 11:44:29 |

Loungers (#LGRS) – 24 weeks ended 2nd Oct LFL sales +17% on 2019 period, argues confident

2022-10-14 07:42:19

Loungers (#LGRS) – expects FY profit “slightly ahead of market expectations”, “optimistic”

2022-04-26 07:46:28

With More Home Workers Ready to Nosh Locally, this Cafe King is Dragging 'Em In

Hello, Share Crunchers. Allow me to turn to a company in the restaurant sector. Am I already hearing howls of protest? Well, I’m aware the hospitality sector took such a battering in the worst of the covid crisis that it’s hard imagining an easy recovery. But the coiled spring effect could soon re-invigorate this company.

By Malcolm Stacey | Published 2021-10-18 08:20:46 |

Loungers (#LGRS) – 20 weeks LFL sales +26.6% on 2019 comparative period

2021-10-15 07:47:09

Restaurants Are More Popular Now than before Covid and this Trendy Outfit Knows How to Make a Meal of It

Hello, Share Followers. It seems reasonable to suppose that companies hit hardest by the pandemic have the most scope for recovery as the menace recedes. Nine out of ten adults in Blighty have now had their first jab, so I imagine that the covid outbreak hasn’t got much further to go. Recovery could be strongest in the hospitality sector.

By Malcolm Stacey | Published 2021-09-09 08:12:30 |

Loungers – strong recent sales, but what does the valuation already discount?...

A trading update from operator of 173 café/bar/restaurants across England and Wales under the Lounge and Cosy Club brands, Loungers plc (LGRS) includes “like for like sales over the four-week period from 17 May through to 13 June 2021 were +26.6%, using the period 20 May to 16 June 2019 as the comparator”. The stock of recovery interest?...

By Steve Moore | Published 2021-06-17 16:30:36 |

Loungers (#LGRS) – recent 4 weeks LFL sales +26.6% v. 2019 period

2021-06-17 07:40:44

Loungers (#LGRS) – updates on phased reopening & bank facility extension

2021-04-09 07:50:32

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ROBJAC27 Sep 2026

I don't know how Richard I managed to seal Magna Carta when in 1215 he'd been dead for 16 years.

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NAHUMDOLLAR27 Sep 2026

7, thanks for the quiz!

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PIEROTLUNAIRE27 Sep 2026

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