Shares Magazine - August 22, 2019

(vip2019) #1

2  | SHARES | 22 August 2018


EAT TO THE BEAT
/ŶƚŚĞŽƵƚͲŽĨͲŚŽŵĞ;KK,ͿĚŝŶŝŶŐŵĂƌŬĞƚƚŚĞ
ŚĂŶĚƐͲĚŽǁŶǁŝŶŶĞƌ͕ƐĐŽƌŝŶŐƚŽƉǁŝƚŚƚǁŽŽƵƚŽĨ
ƚŚƌĞĞĚĞŵŽŐƌĂƉŚŝĐƐĂŶĚĂƐƉŽƉƵůĂƌǁŝƚŚǁŽŵĞŶ
ĂƐǁŝƚŚŵĞŶ͕ǁĂƐƉĂƐƚLJͲĂŶĚƐĂƵƐĂŐĞƌŽůůͲƉƵƌǀĞLJŽƌ
Greggs (GRG)ǁŚŝĐŚǁĂƐƉƌĂŝƐĞĚĨŽƌŝƚƐďĂŬĞƌLJ͕
͚ƚĂƐƚLJƐŶĂĐŬƐ͛ĂŶĚ͚ŐŽŽĚǀĂůƵĞ͛͘
tĞƚŚŝŶŬƚŚĞƐŚĂƌĞƐĂƌĞǁŽƌƚŚďƵLJŝŶŐƚŽŽ
ĚĞƐƉŝƚĞǁŚĂƚůŽŽŬƐůŝŬĞĂƉƌĞŵŝƵŵƌĂƟŶŐŽĨϮκ
ƟŵĞƐĐƵƌƌĞŶƚLJĞĂƌĞĂƌŶŝŶŐƐ͘tŝƚŚĂůƚĞƌŶĂƟǀĞƐ
Wetherspoons (JDW)ĂŶĚDomino’s Pizza (DOM)
ďŽƚŚƚƌĂĚŝŶŐŽŶϮϯƟŵĞƐĞĂƌŶŝŶŐƐĂŶĚďŽƚŚǁŝƚŚ
ŝƐƐƵĞƐʹŽŵŝŶŽ͛ƐŵŽƌĞƚŚĂŶ͚^ƉŽŽŶƐ͕ŝŶĨĂŝƌŶĞƐƐ
ʹǁĞǁŽƵůĚƌĂƚŚĞƌ͚ŬĞĞƉĐĂůŵĂŶĚƉůŽƵŐŚŽŶ͛ǁŝƚŚ
'ƌĞŐŐƐ͛ƚƌŝĞĚĂŶĚƚĞƐƚĞĚĨŽƌŵƵůĂ͘
^ĂůĞƐĐŽŶƟŶƵĞƚŽĞdžĐĞĞĚĞdžƉĞĐƚĂƟŽŶƐƚŚĂŶŬƐ
ƚŽŝŶŶŽǀĂƟŽŶƐ͕ŝĨƚŚĞLJĐĂŶďĞĐĂůůĞĚƚŚĂƚ͕ƐƵĐŚ
ĂƐĂĚĚŝŶŐůŝŐŚƚĞƌůƵŶĐŚĞƐŽĨƐĂůĂĚƐĂŶĚƐŽƵƉƐƚŽ
ƚŚĞŵĞŶƵ͕ĂŶĚƚŚĞŶŽǁͲůĞŐĞŶĚĂƌLJǀĞŐĂŶͲĨƌŝĞŶĚůLJ
ƐĂƵƐĂŐĞƌŽůů͘
tŚŝůĞǁĞĞdžƉĞĐƚƐĂůĞƐŐƌŽǁƚŚƚŽŵŽĚĞƌĂƚĞ
ĂŶĚŝŶƉƵƚĐŽƐƚƐƚŽƌŝƐĞŐŽŝŶŐĨŽƌǁĂƌĚ͕ƚŚĞĮƌŵ͛Ɛ
ĐŽŶƟŶƵĞĚŝŶǀĞƐƚŵĞŶƚŝŶŝƚƐĨŽŽĚŽīĞƌŝŶŐ;ŵŽƌĞ
ŚŽƚĚŝƐŚĞƐͿ͕ŝƚƐƐƚŽƌĞĞƐƚĂƚĞ;ůŽŶŐĞƌŽƉĞŶŝŶŐŚŽƵƌƐͿ
ĂŶĚŝƚƐĚŝŐŝƚĂůƉůĂƞŽƌŵ;ƚƌŝĂůƐĂƌĞƌƵŶŶŝŶŐǁŝƚŚ
hďĞƌĂƚƐ͕ĞůŝǀĞƌŽŽĂŶĚJust Eat (JE.)ƐŚŽƵůĚ
ŝŵƉƌŽǀĞƚŚĞĐƵƐƚŽŵĞƌƉƌŽƉŽƐŝƟŽŶĨƵƌƚŚĞƌ͘
dŚĞĐƵƌƌĞŶƚLJŝĞůĚŽĨϮ͘ϮйŝƐďĞůŽǁƚŚĞŵĂƌŬĞƚ
ĂǀĞƌĂŐĞďƵƚĚŝǀŝĚĞŶĚƐĂƌĞŐƌŽǁŝŶŐďLJĚŽƵďůĞĚŝŐŝƚƐ
ĂŶĚƚŚĞƌĞŝƐĂƐƉĞĐŝĂůĚŝǀŝĚĞŶĚŽĨϯρƉƉĞƌƐŚĂƌĞŽƌ
ϭ͘ϳρйůĂƚĞƌƚŚŝƐLJĞĂƌ͘

Marks & Spencer (MKS)ŝƐŽŶĞŽĨtheŵŽƐƚŝĐŽŶŝĐ
ƌŝƟƐŚďƌĂŶĚƐLJĞƚƚŚĞzŽƵ'ŽǀƐƵƌǀĞLJĮŶĚƐĂŚƵŐĞ
ĚŝƐƉĂƌŝƚLJďĞƚǁĞĞŶƚŚĞƉŽƉƵůĂƌŝƚLJŽĨŝƚƐĨŽŽĚĂŶĚ
ĐůŽƚŚŝŶŐŽīĞƌŝŶŐƐ͘
&ŽŽĚǁĂƐƌĂŶŬĞĚƐĞĐŽŶĚ͕ĞǀĞŶŝĨŝƚƐĨĂŶƐĂĚŵŝƩĞĚ
ŝƚǁĂƐƐŽŵĞǁŚĂƚƉƌŝĐĞLJ͕ďƵƚƚŚĞŵĂŝŶƐƚƌĞĂŵ
ĐůŽƚŚŝŶŐďƌĂŶĚĚŝĚŶ͛ƚĞǀĞŶƌĞŐŝƐƚĞƌ͘KŶůLJPer Una
ŵĂĚĞƚŚĞůŝƐƚŽĨƉŽƉƵůĂƌĨĂƐŚŝŽŶĂŶĚĐůŽƚŚŝŶŐ
ďƌĂŶĚƐ͕ŝŶĂůŽǁůLJϳεƚŚƉůĂĐĞ͘
ǀĞŶŵŽƌĞŽĨĂƐůĂƉŝŶƚŚĞĨĂĐĞ͕ďƵĚŐĞƚ
ƐƵƉĞƌŵĂƌŬĞƚĐůŽƚŚŝŶŐďƌĂŶĚƐ'ĞŽƌŐĞ;ƉĂƌƚŽĨƐĚĂͿ͕
dƵ;^ĂŝŶƐďƵƌLJ͛ƐͿĂŶĚ&Θ&;dĞƐĐŽͿǁĞƌĞŝŶƚŚĞƚŽƉϯϬ͘
^ƵĐĐĞƐƐŝǀĞŵĂŶĂŐĞŵĞŶƚƚĞĂŵƐŚĂǀĞƐƉĞŶƚ
LJĞĂƌƐƚƌLJŝŶŐƚŽŐƌŽǁƚŚĞĂƉƉĞĂůŽĨƚŚĞĐůŽƚŚŝŶŐ

ďƵƐŝŶĞƐƐĂŶĚĨĂŝůĞĚĚŝƐŵĂůůLJ͘/ŶƚŚĞĮŶĂŶĐŝĂůLJĞĂƌ
ƚŽϯϬDĂƌĐŚ͕DΘ^&ŽŽĚƐĂůĞƐǁĞƌĞάρ͘εďŶ͕ĚŽǁŶ
Ϭ͘ςйŽŶϮϬϭΘ;ĚƵĞƚŽĂƐƚĞƌĨĂůůŝŶŐŝŶƉƌŝůƚŚŝƐ
LJĞĂƌͿďƵƚƵƉϯεйŽŶĂĚĞĐĂĚĞĂŐŽ͘ůŽƚŚŝŶŐΘ
,ŽŵĞƐĂůĞƐǁĞƌĞάϯ͘ρďŶ͕ĚŽǁŶϯ͘ςйŽŶϮϬϭΘĂŶĚ
ŝŶĐƌĞĚŝďůLJĚŽǁŶϭϬйŽŶĂĚĞĐĂĚĞĂŐŽ͘
dŚŝƐƐƵŵŵĞƌ:ŝůůDĐŽŶĂůĚďĞĐĂŵĞƚŚĞůĂƚĞƐƚ
ŚĞĂĚŽĨůŽƚŚŝŶŐΘ,ŽŵĞƚŽŵŽǀĞŽŶ͕ĂŌĞƌũƵƐƚ
ƚǁŽLJĞĂƌƐ͕ůĞĂǀŝŶŐĐŚŝĞĨĞdžĞĐƵƟǀĞ^ƚĞǀĞZŽǁĞƚŽ
ƚĂŬĞĐŚĂƌŐĞLJĞƚĂŐĂŝŶ͘
DΘ^ĐůĂŝŵƐŝƚŚĂƐŝĚĞŶƟĮĞĚƚŚĞƉƌŽďůĞŵƐ͗ŝƚƐ
ƌĂŶŐĞŝƐƚŽŽǁŝĚĞ͕ƚŚĞƐŚŽƉƐĂƌĞŚĂƌĚƚŽŶĂǀŝŐĂƚĞ͕
ƚŚĞƐŝnjŝŶŐĚŽĞƐŶ͛ƚĂƉƉĞĂůƚŽƚŚĞ͚ĐŽŶƚĞŵƉŽƌĂƌLJ
ĨĂŵŝůLJĂŐĞĐƵƐƚŽŵĞƌ͛ƚŚĞLJǁĂŶƚĂŶĚƚŚĞƌĞĂƌĞƐƟůů
ƉƌŽďůĞŵƐǁŝƚŚƚŚĞƐƵƉƉůLJĐŚĂŝŶ͘

DINING BRAND POPULARITY FAME
GREGGS ϭϭε
WETHERSPOONS ϮϭϬ
MCDONALD'S ϯϭϯ
SUBWAY κϭρ
PIZZA HUT ρϭϳ
PIZZA EXPRESS ςΘ
DOMINO'S PIZZA ϳϮς
COSTA COFFEE Θε
KFC εϭ
TOBY CARVERY ϭϬ ς
^ŽƵƌĐĞ͗zŽƵ'ŽǀƐƵƌǀĞLJ:ƵŶĞͲ:ƵůLJϮϬϭε

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