Richoux (#RIC) – AIM cancellation following it ‘believed in best interests’
- 2019-02-15 00:56:25
I’ve consistently cautioned on restaurants group Richoux (RIC) – most recently as the shares fell below 7p HERE. Now a “Proposed Cancellation & Notice of GM” announcement. Uh oh…
Previously writing on Richoux, Villagio, Friendly Phil's, Zintino and The Broadwick restaurants company Richoux Group (RIC) it was results statement emphasises “ungeared”… but concerns as the shares crashed below 7p. Today a trading update…
I previously wrote on restaurant group Richoux (RIC) just under a year ago - significant (discounted) management investment, but clear challenges remain for former Prezzo boss. That investment was at 16p. On the back of results for the 53 weeks ended 3rd December 2017, the shares have currently crashed below 7p…
I previously wrote on restaurant group Richoux (RIC) in April, with the shares at 20p, concluding that there looks much turnaround work to do in an admitted “difficult” period for the sector and with it also placing ahoy, I avoid. The company has now made a “Completion of Subscription & Director Transactions” announcement...
I looked at Richoux Group (RIC) in October – review as shares soar on appointment of founder and former CEO of Prezzo – and today note the shares currently more than 27% lower, at 20p, on the back of a results announcement for the company’s year ended 25th December 2016...
Shares in Richoux, Dean's Diner and Villagio restaurant group, Richoux (RIC) are currently soaring more than 40%, to above 30p (capitalising the company at approaching £28 million), on the back of a “Board Change” announcement…