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Grand Parade (GPL)


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#1 Bullhunter

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Posted 03 May 2019 - 11:31 AM

Joined the long queue at Burger King on Workers Day.Workers were kept busy making Whoppers all day.


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#2 Bullhunter

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Posted 03 May 2019 - 11:27 AM

Joined the Burger King queue on workers day. Workers were kept very busy making Whoppers all day.


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#3 Polly

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Posted 15 April 2019 - 02:22 PM

So some joker said this was a pathetic investment huh...and wont sell the volumes i own...suck on this mate!! 80% up on my investment so far!!

Will sell all at 100%....[/quote]
P does not make sense: for 80 % profit means buying in Aug 2018 around 170, reaching 340 in Dec 2018, down to around 250 in Feb? Could have made much more if you had stop loss in place?

Hi ESS...

 

if you follow the thread reading the last page or 2 , you should see whats potting.  I was overexposed .Portfolio was out of balance..Too risky to hold such a huge quantity relative to other shares in my portfolio. Still see potential to +R4.00 in near future and may consider holding for another year or 2 but will still reduce holding by another 50% on any climb above R3.00.

 

We did see a nice bounce 6 months ago and then a retrace which was expected..so thats why i did not have a stop as was confident was juts a retrace and will start up move again.


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#4 ESS

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Posted 10 April 2019 - 09:30 PM



So some joker said this was a pathetic investment huh...and wont sell the volumes i own...suck on this mate!! 80% up on my investment so far!!

Will sell all at 100%....[/quote]
P does not make sense: for 80 % profit means buying in Aug 2018 around 170, reaching 340 in Dec 2018, down to around 250 in Feb? Could have made much more if you had stop loss in place?
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#5 JK001

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Posted 10 April 2019 - 07:03 PM

Some joker would not put his money in any share that has to do with food, specially not the sub-standard whoppers you get in SA (personal experience and should not generalise).   Enjoy your 100% Polly,  many other shares doing just as well.

This is a pure risk decision that is linked to social media and reputation. 


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#6 Polly

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Posted 10 April 2019 - 03:09 PM

back on the upside...good volumes too..

 

and todays sens:

 

DISCLOSURE OF ACQUISITION OF SECURITIES

In accordance with section 122(3)(B) of the Companies Act, No 71 of 2008, as amended, and
paragraph 3.83(B) of the JSE Limited Listings Requirements, shareholders are hereby
advised that the Company has received formal notification in the prescribed form of the
following movement in securities of the Company:

Funds advised by Value Capital Partners Proprietary Limited (“VCP”), who are the advisors
to Legae Peresec Fund Platform Proprietary Limited, the registered fund investment manager
for various funds advised by VCP, have acquired securities in the Company. Funds advised
by VCP now hold 20.88% of the issued ordinary shares of the Company.

 

So some joker said this was a pathetic investment huh...and wont sell the volumes i own...suck on this mate!! 80% up on my investment so far!!

 

Will sell all at 100%....


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#7 DividendTycoon

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Posted 11 December 2018 - 01:14 PM

sold about 40% of my holdings on the rise from 2.40 upwards to R3.00....balance can comfortable hold for next few years

Thanks, have also sold some now, and will sell some more on the way to R4, keeping a core holding of about 5-8% of portfolio for the long term though. Plan to diversify into some of the property counters such as ILU, TWR and SSS so as to be assured of dividend income which has become unreliable with GPL.


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#8 Polly

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Posted 10 December 2018 - 10:43 AM

charts wont mean much on this small cap share....but nice volumes...so buyers still hungry for some value

 

think R4.00 may be nice price to get rid off


Edited by Polly, 10 December 2018 - 10:43 AM.

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#9 Polly

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Posted 10 December 2018 - 10:42 AM

Now it becomes a conundrum. Share up nicely on activism and perhaps still some further moves due to different parties wanting more shares. So does one hold out for another 20% or start to sell as the opportunity to exit at a fairly decent price has now presented itself and could deflate should the status quo remain. Personally I think the activists will not be happy with only 2 board seats and will want more shares to complete the job, perhaps with the help of Value Capital, so still see more upside. 

 

What do the charts say?

sold about 40% of my holdings on the rise from 2.40 upwards to R3.00....balance can comfortable hold for next few years


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#10 DividendTycoon

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Posted 10 December 2018 - 10:06 AM

Thanks Bull, but sold a few a R2.40 this morning . Im just too overexposed here. Been buying from R4.00 and averaged down at R2.37

 

If it continues upside, ill still be happy with rest.

Now it becomes a conundrum. Share up nicely on activism and perhaps still some further moves due to different parties wanting more shares. So does one hold out for another 20% or start to sell as the opportunity to exit at a fairly decent price has now presented itself and could deflate should the status quo remain. Personally I think the activists will not be happy with only 2 board seats and will want more shares to complete the job, perhaps with the help of Value Capital, so still see more upside. 

 

What do the charts say?


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#11 Polly

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Posted 30 August 2018 - 10:20 AM

Thanks Bull, but sold a few a R2.40 this morning . Im just too overexposed here. Been buying from R4.00 and averaged down at R2.37

 

If it continues upside, ill still be happy with rest.


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#12 Bullhunter

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Posted 29 August 2018 - 04:31 PM

own a ton with average cost 2.37 

 

over exposed so will start disposing little by little  above r2.37

Don't sell yet. The TNAV is R6.67. The activity of the last 2 days indicates there is a big buyer around who obviously sees the value in the company.

 

Some commentators have questioned the value of the casino licences should the government ban smoking in casinos. As a result, if you value the gaming assets as 0, the TNAV=R3.01.

 

There are three potential X-factors at GPI. First (should the government not ban smoking in casinos), the innocuous R30m investment in the Golden Valley Casino in Worcester could be worth more, should plans eventually materialise to allow Western Cape casino operators to transfer an existing licence to Cape Town. Taste and Famous Brands are having a torrid time, the former may collapse altogether and the latter is closing stores (my local Debonairs, Wimpy and Steers are all but dead) Then there is the possibility that GPI considers relinquishing its operational role at Burger King once critical mass is achieved, and then sells down its holding in the master franchise to a significant minority level.

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#13 Polly

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Posted 29 August 2018 - 03:58 PM

own a ton with average cost 2.37 

 

over exposed so will start disposing little by little  above r2.37


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#14 Bullhunter

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Posted 29 August 2018 - 03:53 PM

Volumes and share price picking up. Results announcement in about 2 weeks should be good.

Greater volumes today with further price rise.


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#15 Bullhunter

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Posted 28 August 2018 - 04:18 PM

Volumes and share price picking up. Results announcement in about 2 weeks should be good.


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#16 DividendTycoon

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Posted 17 August 2018 - 01:15 PM

Went for my regular Whopper meal (love the Fierce burger) and bottomless, free Mountain Dew last night. Burger King had a queue, as usual, Wimpy was closed, Debonairs and Steers had no customers. Famous Brands has more problems than just Gourmet Burger King in the U.K.

My visits to various BK's have always been positive, either very busy or humming along, but seems to be working well. (also a fan of the fierce whopper).

 

Anyway, the share does not seem to care about anything related to this share, Only good results, and perhaps CEO stability will help. Hoping for both, results soon should shed some light. 

 

Been a disappointment, but I am not selling out yet.


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#17 Bullhunter

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Posted 16 August 2018 - 05:10 PM

Went for my regular Whopper meal (love the Fierce burger) and bottomless, free Mountain Dew last night. Burger King had a queue, as usual, Wimpy was closed, Debonairs and Steers had no customers. Famous Brands has more problems than just Gourmet Burger King in the U.K.


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#18 Bullhunter

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Posted 03 August 2018 - 06:18 PM

We tried burgers from Steers, Burger King, Wimpy, and McDonald's. The winner was clear.
Jessica Fish , Business Insider SA
 Jun 25, 2018, 11:30 AM
We tried burgers from Steers, Burger King, Wimpy, and McDonald's. The winner was clear.
 
4678650b367d4349ac8b3543bcbd63fe.jpg
Photo Jay Caboz
 
  • We rigorously tested burgers from four leading fast-food outlets.
  • One particular burger was so bad, testers refused to finish it.
  • The winner was Burger King, with Steers a close second.

 

 

 

Amid fierce competition in the fast food market, we set out to find the best beef burger for your buck. All the burgers we tested cost below R50.

 

Our tasting team pitted Steers, Burger King, Wimpy, and McDonald's burgers against each other. We each tasted all four burgers and scored each on a scale of 1 to 10 (10 being the best).

The patties were also weighed and the presentation of the burgers compared.

See also: We compared SA's dinner-kit services UCook and Daily Dish – and the winner was clear for one key and one minor reason
Here is how South Africa's fast-food burgers stacked up.
Steers

 


Photo Jay Caboz
 

Photo Jay Caboz
 

Classic Beef Burger will cost you: R47,90
Patty weight: 77g.
Average score: 7.8 out of 
10

This burger was certainly the sauciest. There was a lot going on: pickles, barbecue sauce, diced onions, and mustard. But this burger didn’t manage to pull it all together.

Our tasters loved the patty, which actually tasted like real meat, but were not fans of the bun, which tasted stale.

The burger was also expensive, and we didn't get any sides for the price.

  Burger King

Photo Jay Caboz
 

Photo Jay Caboz
 

 

Big King Burger will cost you R44,50. (It also comes with medium chips and unlimited soda). 
Patty weight: 70g.
Average score: 8 out of 10

 It was nicely presented and had three slices of bread and two patties.

The meat was beefy and tasted flame-grilled. The tangy mayonnaise sauce was definitely a favourite.

The chips were tasty, and with unlimited cool drink, this also offered the best value. 

  Wimpy

 


Photo Jay Caboz
 

Photo Jay Caboz
 

 

Wimpy Burger will cost you R49,90. (It also comes with regular chips). 
Patty weight: 70g.
Average score: 3.7 out of 10

Most of the tasters refused to finish this burger. It lacked any flavour and all that came out was the pungent taste of pickles. What relish there was appeared slimy.

The burger was also dry and the amount of cheap tomato sauce was found wanting. There was too much bread for the small amount of fillings and the bun was dry and stale.

The chips that came with the burger were translucent in colour, soggy and bland.

  McDonalds

Photo Jay Caboz
 

Photo Jay Caboz
 

Beef Quarter Pounder will cost you R48,50. (It also comes with chips and a drink).
Patty weight: 84g.
Average score: 6.3 out of 10

Despite boasting the biggest patty, it was dry and tasteless. The burger as a whole, however, was not a disappointment. It was appetising and flavourful despite minimum relish.

The tasters loved the chips, which quickly disappeared, as well as the drink that came with.

  The result: Burger King, with Steers a close (but expensive) second.

Burger King makes the best fast-food hamburger according to our testers, with Steers coming close in average scoring. But once you factor in that the Steers burger is more expensive – without the chips and drink Burger King throws into the deal, there is no contest when it comes to value.


Edited by Bullhunter, 03 August 2018 - 06:20 PM.

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#19 Polly

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Posted 26 April 2018 - 12:22 PM

still a massive overhang of shares. Seller of 650000 shares at midday auction @ 2.05
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#20 Bullhunter

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Posted 21 April 2018 - 11:37 AM

turning out to be a big value trap here or some fund manager disposing and selling off....

 

im also in on a truckload adding as its falls so lets hope if fund manager, the overhang will soon be finished!!!

A bit worrying that two CEO's have resigned in two years.Hussein Adams (who earns far too much as executive chairman for a start up operation such as this) a problem to work with? 


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