Chilango

647 days ago

Tortilla Mexican Grill – The Times they are a changing ( and not for the better)

An upbeat trading statement from Tortilla Mexican Grill (MEX) tries to paint a bright picture for this member of the shamed IPOs class of 2021 – listing at 180p on October 8 with founders dumping £23 million of stock, share price today 125p. But buried deep in the release is a clear warning of troubles ahead.

711 days ago

Tom Winnifrith Bearcast: Tortilla Mexican Grill just does not taste right and as for Chilango

I start with the usual. 94.5% of you have yet to donate despite the cows, nettles and thorn bush of the weekend. Go on, just a tenner for Rogue Bloggers for Woodlarks, you know it makes sense. Please donate HERE. In today’s podcast I discuss Vin Murria and M&C Saatchi (SAA), the scoundrels at Ince (INCE) and Deepverge (DVRG), Vast Resources (VAST), Audioboom (BOOM) and then I take a very detailed look at Tortilla Mexican Grill (MEX) as it buys Chilango. This looks all wrong and another membr of the 2021 IPO hall of shame. 

1381 days ago

Chilango goes tits up – Covid is just the excuse, I did warn you all this was an insolvent mini-bond ponzi

The deadwood press is today noting that, Mexican restaurant chain Chilango, is about to appoint RSM Tenon as administrators with Covid 19 once again getting the blame. But is that fair on the poor little virus?