The Restaurant Group (RTN, 117p) has outperformed the FT Small Cap by 20%, or the FT All Share by 15% since it was written up here on March 14th : ‘Consumer stocks at risk? Not TRG according to directors‘.
When impressive interim results were announced in August, analysts warned of the impact of cost pressures on the group: ‘Frankie and Bennys profits surge comes with a warning’ (Scotsman 30/8/08). Maybe with collapsing commodity prices those cost pressures are now turning into benefits?
Our opinion on The Restaurant Group remains positive, and is reinforced by the purchase of 200,000 shares at 104.2p on Monday October 20th by John Jackson, a non executive Director, trebling his holding to 300,000 shares.
Opinion on Restaurant Group: Positive
Strength of Signal: Remains STRONG
followthedirectors... a study of directors share dealings 
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May 10, 2009 at 9:07 pm
The Restaurant Group non exec sells out, after profitable dessert. « followthedirectors… a study of directors share dealings
[…] May 10, 2009 in Directors selling, FTSE 250 company, MEDIUM signal | Tags: Jamie Oliver Holdings Limited, John Jackson, The Restaurant Group John Jackson, Non Exec Director of The Restaurant Group (RTN, 157p), and CEO of Jamie Oliver Holdings Limited, prompted us to reiterate our positive signal on The Restaurant Group shares when he tripled his holding on October 20th by buying 200,000 shares at 104p (‘The Restaurant Group Non Exec trebles holding‘). […]