The opportunity of scaling a new and exciting value for money pizza concept, Franca Manca is significant. Recent interims testified to this expansion confidence. The group is led by a hugely experienced management team in the casual dining arena and their interests are firmly aligned. Low free float is the main ST drawback but we envisage a liquidity event on a 12m view to resolve this issue. We are positive on Fulham Shore and would encourage investors to take a much closer look.
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PizzaExpress Mark II
- Published:
26 Feb 2016 -
Author:
Sahill Shan -
Pages:
4
The opportunity of scaling a new and exciting value for money pizza concept, Franca Manca is significant. Recent interims testified to this expansion confidence. The group is led by a hugely experienced management team in the casual dining arena and their interests are firmly aligned. Low free float is the main ST drawback but we envisage a liquidity event on a 12m view to resolve this issue. We are positive on Fulham Shore and would encourage investors to take a much closer look.