Market's view on Comptoir Grp
Published on April 2024
- There is a positive mention of the stock price continuing to rise, influenced by a significant purchase.
- Dowgate Wealth has been actively increasing their shares, reaching a stake of 8.06% by late October.
- The new South Bank centre site has been received well.
- Some stock watchers are observing the stock’s performance and noting its fluctuations, sometimes with humour about its unpredictability.
- Concerns are raised about the tough economic conditions affecting the restaurant sector, including pressures from the cost of living and increased taxes.
- The mid-term financial reports reflect challenging conditions but there is optimism about navigating through these and expanding further.
- Comptoir Libanais, despite challenging times and boardroom disruptions, is noted for its profitability and growth, with an expanding number of restaurants from 15 to around 30 since its flotation.
- New leadership under CEO Nick Ayerst and Chair Beatrice Lafon is expected to explore potential opportunities with the Shawa brand and improve the chain’s Net Promoter Score and offerings.