We continue to hear that the consumer is under pressure (I should have put that in inverted commas), but both casual dining companies Famous Brands and Taste Holdings released trading updates that seemed really good. Famous Brands said that they expect "to report headline earnings per share (HEPS) and earnings per share (EPS) (calculated on an IFRS basis) of between 402 cents per share and 410 cents per share. This is an improvement on the prior year comparable HEPS and EPS of between 19% and 21%. The group also expects to report diluted HEPS and diluted EPS of between 401 cents per share and 409 cents per share, an improvement of between 20% and 22%." The share price added over a percent to close at 108 Rand a share. Results are in two weeks time, EPS are expected to then be somewhere in the region of 482 cents, at 108 ZAR the stock trades on a 22.3 multiple, but growing at that rate means that the PEG ratio is around 1.1 times. You would prefer that to be under or closer to one, but still, the company continues to grow in this fast growing part of the economy. Darren Hele is a new appointment as CEO (Kevin Hedderwick is now Group CEO) and is a young fellow, by running listed business standards. He is 41 years old according to Bloomberg.