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Grand Parade (GPL)


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#61 DividendTycoon

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Posted 28 March 2017 - 03:44 PM

GPI having a nice run. Has been bad stretch but things seem to be on the up. I am very happy that they have bought back huge amounts of stock at cheap prices.(as reported today and in results a few weeks ago) This will be a huge benefit when profits start to flow. Very positive compared to Taste who have issued huge amounts of stock in order to fund their growth. They have also bought more spur shares, so perhaps that still on the cards.


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#62 Queen B

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Posted 22 January 2016 - 10:11 AM

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1997/003548/06
Share code: GPL
(“GPI” or “the Group”)

Grand Parade Investments Limited signs exclusive licence with Dunkin’ Brands International

21 January 2016

The board of GPI is pleased to announce that they have signed an exclusive master franchise
agreement with Dunkin’ Brands International to develop two of the world’s most recognisable
brands, Dunkin’ Donuts and Baskin-Robbins, in South Africa with a right of first refusal (ROFR) to
enter Namibia, Botswana, Zambia and Mauritius.

Under the agreement, GPI will develop over 250 Dunkin’ Donuts restaurants and more than 70
Baskin-Robbins shops in South Africa, through both corporate-owned stores and franchised
outlets, with an initial focus on Cape Town and Johannesburg. The agreement also calls for the
introduction of Baskin-Robbins ice cream products to supermarket chains and convenience
stores in South Africa over the license period.

The Dunkin’ Brands International franchise agreement allows GPI to capitalise on its existing
experience in the management of quick service restaurants. It also affirms GPI’s strategy to
expand its food portfolio by investing in respected and market-leading brands.

Dunkin’ Donuts is one of the world’s leading coffee and bakery chains, with more than 11,500
outlets in 40 countries worldwide selling more than 1, 8 billion cups of coffee a year. Over 50% of
Dunkin’ Donuts global sales consist of coffee sales.

Baskin-Robbins is the world’s largest chain of ice cream specialty outlets known for its ‘31
flavours’ and creative range of frozen desserts. Currently there are more than 7,600 Baskin-
Robbins outlets in nearly 50 countries, serving over 300 million customers a year.

The board of GPI believes that partnering with such highly-respected global brands provides the
ideal platform to further establish the company’s food business and it plans to roll-out its first
Dunkin’ Donuts restaurant and Baskin-Robbins shop in the second half of 2016.

The exclusive Master Licence Agreement is for a 10-year period with an option to renew for
further 10-years.

GPI will invest R210 million over the next 10-years, which will be funded off its own balance
sheet and it does not expect to raise any third party debt related to this transaction.

This transaction will have a minimal impact on the earnings for the Group in the short term.
Conditions precedent

The agreement is subject to GPI’s receipt of approval from the Financial Surveillance Department
of the South African Reserve Bank.

Any reference to the future financial performance of GPI contained in this announcement has not
been reviewed or reported on by GPI’s auditors.

 


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#63 Queen B

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Posted 27 August 2015 - 03:01 PM

Roller Coaster ride today with the share price :huh:

I guess everyone waiting for the official results on Monday


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#64 MrDividend

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Posted 26 August 2015 - 04:00 PM

 

 

I wonder if someone knows something about something

 

Well that answers that then. 

 

:)


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#65 Queen B

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Posted 26 August 2015 - 03:59 PM

Not a bad SENS :D


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#66 Queen B

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Posted 26 August 2015 - 03:55 PM

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as
soon as it becomes aware that the financial results for the
financial period to be reported on next will vary by 20% or
more from those of the previous comparable period.

Due to the high level of corporate activity that took place
during the year ended 30 June 2015, a number of once-off
accounting gains and profits from disposals were realized
which have had a material effect on the basic earnings for the
year ended 30 June 2015 and require a detailed explanation.

In addition, a detailed explanation is required in respect of
the improved earnings from the Group’s investments in SunWest
International (Pty) Ltd and GPI Slots (Pty) Ltd, which have had
a material effect on the headline earnings for the year ended
30 June 2015.

GPI hereby advises that a reasonable degree of certainty exists
that basic earnings per share will increase by between 834% and
844% and that headline earnings per share will increase by
between 227% and 237% for the year ended 30 June 2015 compared
to the basic earnings per share and headline earnings per share
for the previous year ended 30 June 2014.

Consequently, the basic earnings per share for the year ended
30 June 2015 will be between 141.96 cents and 143.48 cents per
share, compared to the basic earnings per share of 15.20 cents
for the previous comparable period. Headline earnings per share
for the year ended 30 June 2015 will be between 10.37 cents and
10.69 cents per share, compared to the headline earnings per
share of 3.17 cents for the previous comparable period.

The financial information on which this trading statement is
based has not been reviewed and reported on by GPI’s external
auditors. The financial results for the year ended 30 June 2015
will be published on 31 August 2015.
 


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#67 Sac1

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Posted 26 August 2015 - 08:40 AM

Share price taking a lashing this week

Results coming out on Thursday this week

I wonder if someone knows something about something :huh:

They are probably getting hammered like the rest of the stocks. Anything with a high or negative P/E    is probably going to be hit in the next  coming weeks regardless of the results or future earnings.


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#68 Queen B

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Posted 25 August 2015 - 10:45 AM

Share price taking a lashing this week

Results coming out on Thursday this week

I wonder if someone knows something about something :huh:


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#69 AJS

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Posted 23 February 2015 - 06:12 PM

Does anyone know when they report 1H15 ? Should be this week if I'm not mistaken....

 

Nevermind - they came out with a trading update after the close. Don't quite know what to make of it. Basic earnings up a lot, headline down. Some once-off adjustments they putting through this time....


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"Trade what you see, not what you think"

#70 AJS

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Posted 23 February 2015 - 04:44 PM

Does anyone know when they report 1H15 ? Should be this week if I'm not mistaken....


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"Trade what you see, not what you think"

#71 delta66

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Posted 02 February 2015 - 11:23 AM

at a glance..could be this>>

UPDATE ON ACQUISITION BY TSOGO SUN HOLDINGS LIMITED OF A MINORITY INTEREST IN EACH OF
SUNWEST INTERNATIONAL PROPRIETARY LIMITED AND WORCESTER CASINO PROPRIETARY LIMITED
(“THE TRANSACTION”)

Further to the various announcements released on the Stock Exchange News Service by Tsogo Sun
Holdings Limited, Sun International and Grand Parade Investments Limited (“the Parties”) during May
2014 with regard to the Transaction, the Parties hereby advise that the Competition Commission has
recommended to the Competition Tribunal (“the Tribunal”) that the Transaction be prohibited in terms
of section 14A(1)(B)(iii) of the Competition Act, No. 89 of 1998, as amended.

The approval of the Tribunal is a condition precedent to the Transaction.

The Parties do not agree with the recommendation made by the Competition Commission and intend to
oppose such recommendation before the Tribunal.

The Parties will keep shareholders apprised of any significant developments herein.

 

 


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“melior diabolus quem scies”


#72 joker247

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Posted 02 February 2015 - 11:08 AM

Anyone know what's going on at Grand Parade recently?. Got in a few months ago and noticed drastic drop in last few days. Down 20% already.


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