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Bambu Restaurant - huge price hikes!!!

  • 02-06-2010 4:31pm
    #1
    Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭


    New takeaway menu just arrived.

    Mainstream Thai curries have been increased in price from €5.95 (which was good) up to €7.95 (which isn't).

    My bad maths tells me that's an increase of an enormous 33% :eek:

    Rip off Ireland is alive and well.


Comments

  • Registered Users, Registered Users 2 Posts: 4,929 ✭✭✭Raiser


    n4002359633164_MED.jpg

    Live on this until they close down or cop on............


  • Closed Accounts Posts: 1,131 ✭✭✭MissHoneyBun


    When I first moved to Limerick almost all their takeaway items were set at -wait for it.......... a jaw-dropping 11.95! Sick of that place and their attitude towards customers. We're in Limerick City, not bloody Tokyo.


  • Registered Users, Registered Users 2 Posts: 2,191 ✭✭✭NewApproach


    I'm sorry to be blunt, but GTFO. It's a company and they are more than entitled to charge whatever they want. they know as well as anyone that when they increase their prices, they will sell less grub. Obviously they think that this is a more profitable route to go.

    If you think the price is reasonable, buy the food.

    If you don't, don't. Either to some other Chinese or eat different food.

    But please don't jump on the 'Rip off Ireland' bandwagon because one restaurant has increased prices by €2


  • Closed Accounts Posts: 5,115 ✭✭✭Pacifico


    Are they now including rice?


  • Closed Accounts Posts: 1,131 ✭✭✭MissHoneyBun


    I'm sorry to be blunt, but GTFO.
    But please don't jump on the 'Rip off Ireland' bandwagon

    GTFO out yourself. And I'm sorry too but people like you have this country in the state it's in by giving in to stupidly inflated prices. Rip off is the only term for trying to overcharge people for things that are worth a fraction of the price.

    Pacifico, no side orders still cost extra.


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  • Registered Users, Registered Users 2 Posts: 4,929 ✭✭✭Raiser


    GTFO out yourself. And I'm sorry too but people like you have this country in the state it's in by giving in to stupidly inflated prices. Rip off is the only term for trying to overcharge people for things that are worth a fraction of the price.

    Pacifico, no side orders still cost extra.

    +1

    Here's a good side order for Bambu Customers who don't mind being shafted!!!

    - Jelly and Ice cream, nice!!!!

    ky_jelly_300.jpg


  • Registered Users, Registered Users 2 Posts: 51,363 ✭✭✭✭bazz26


    If people vote with their wallets they will either have to adjust their prices again or close.


  • Registered Users, Registered Users 2 Posts: 1,033 ✭✭✭Limerick_Lass


    Have never tried it, actually when Im thinking of a thai it never even enters my mind!! Is it any good?

    Those prices seem a bit steep otherwise!


  • Registered Users, Registered Users 2 Posts: 753 ✭✭✭badboyblast


    What Limerick needs is a good noodle bar with the food cooked in front of you, what do you think?


  • Registered Users, Registered Users 2 Posts: 1,570 ✭✭✭Builderfromhell


    What Limerick needs is a good noodle bar with the food cooked in front of you, what do you think?

    Agreed. But I believe our Health and safety rules would not allow this.

    There is a Thai restaraunt on the junction of Mallow street and Henry street that does excellent food. Reasonably priced too.


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  • Registered Users, Registered Users 2 Posts: 13,591 ✭✭✭✭Aidric


    Sick of that place and their attitude towards customers. We're in Limerick City, not bloody Tokyo.
    I've eaten there many times and never experienced an 'attitude' towards customers. Perhaps you'd like to explain what you're on about.


  • Closed Accounts Posts: 1,131 ✭✭✭MissHoneyBun


    Raiser wrote: »
    +1

    Here's a good side order for Bambu Customers who don't mind being shafted!!!

    - Jelly and Ice cream, nice!!!!

    ky_jelly_300.jpg

    You're sick :)
    bazz26 wrote: »
    If people vote with their wallets they will either have to adjust their prices again or close.

    Yup, what I intend to do anyway.
    Have never tried it, actually when Im thinking of a thai it never even enters my mind!! Is it any good?

    Those prices seem a bit steep otherwise!

    Yeah the food's good. Nothing special but consistently good.
    What Limerick needs is a good noodle bar with the food cooked in front of you, what do you think?

    Love this idea! Something along the lines of Wagamama style you mean yeah?


  • Registered Users, Registered Users 2 Posts: 3,207 ✭✭✭hightower1


    giving in to stupidly inflated prices..


    Talk with your wallet, whinging about take out prices on a board will do nothing.
    Its only "giving in" if you actually still choose to eat there.
    Do you think they are going to be looking at boards for reactions to their new prices or are they more likely to be looking at their books at months end?

    NewApproach is right. Dont like the prices, dont eat there.


  • Closed Accounts Posts: 5,115 ✭✭✭Pacifico


    7.95 isn't that bad. €10 inc rice is cheaper than most Chinese places, and the food is of much better quality...


  • Registered Users, Registered Users 2 Posts: 277 ✭✭cutymonalisa


    Noticed the price hike in Bambu too. However the cleverest rip off at the moment among Limerick lunchtime eateries is the Absolute Hotel. Now dont get me wrong, a 5/6 quid is great value for their (small) lunch 'main' courses. Had a stir fry thingy there on Monday. It was a small portion so ordered a side of chips. Said chips arrived - there was precisely 5 chips in a little bowl. Queried price - 3.95:eek: They are are making up the profit in side orders and coffee - waiter said as much.

    Having said that, recession seems to have gone over the heads of The Greenhills - awful carvery - 12 yoyos, miserable sandwichs again at extortionate prices. There are still eeijits still willing to pay those prices.

    Food is yum in the Ardhu bar - :p


  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    Pacifico wrote: »
    7.95 isn't that bad. €10 inc rice is cheaper than most Chinese places, and the food is of much better quality...

    It is. I can't think of any chinese place that would be much over €8 for a dish incl. rice.

    What about the massive increase? 33%!!!!! :eek:

    p.s. It's a recession


  • Registered Users, Registered Users 2 Posts: 2,361 ✭✭✭Itsdacraic


    How exactly is this a "rip-off"?

    You know the price, they are not trying to hide it, don't eat there if you don't want to. The food there is very good. Only eat there occassionally but it would still be alright value €8 but obviously there are cheaper places out there.


  • Registered Users, Registered Users 2 Posts: 6,710 ✭✭✭flutered


    It is. I can't think of any chinese place that would be much over €8 for a dish incl. rice.

    What about the massive increase? 33%!!!!! :eek:

    p.s. It's a recession

    one would think that in a recession 33% price hikes would be abnormal not normal.


  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    Easy.

    Dishes were roughly €6, and are now roughly €8. A massive 33% increase in the middle of a recession.

    Granted we can all read menus, but I thought it was worth highlighting. I won't darken their door again.


  • Closed Accounts Posts: 2,916 ✭✭✭RonMexico


    Most businesses are struggling to make ends meet. Most businesses can't even pay their rates. A recession affects everybody. It does not mean that every business should automatically lower their prices just because you'd like that. Footfall is down for all businessses, something has to give. That means either letting workers go or raising prices. €7.95 is cheap. If you can't afford it you should cook your own food.


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  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    RonMexico wrote: »
    Most businesses are struggling to make ends meet. Most businesses can't even pay their rates. A recession affects everybody. It does not mean that every business should automatically lower their prices just because you'd like that. Footfall is down for all businessses, something has to give. That means either letting workers go or raising prices. €7.95 is cheap. If you can't afford it you should cook your own food.

    In a recession costs should be minimised and value increased if possible.

    Putting prices up in this market by 1/3 is financial suicide.


  • Registered Users, Registered Users 2 Posts: 4,929 ✭✭✭Raiser


    hightower1 wrote: »
    Talk with your wallet, whinging about take out prices on a board will do nothing.

    I find your reasoning fatally flawed, this thread has had as many as 510 views in 15 hours and several People have taken the trouble to post specifically to say they are determined to avoid the place solely because of the recent price hike.

    - Also there have been alternative Thai Food Businesses put forward on personal recommendation by other Posters which offer an attractive and viable alternative.

    I'd say the accountant is going to be having strong words with the Person who Tippex'd the menus at month-end to be honest.


  • Registered Users, Registered Users 2 Posts: 2,267 ✭✭✭concussion


    It's only a rip-off if you pay it. Go somewhere else if you don't like it. The Chinese in the Arthurs Quay food court has big portions and the food is cooked in front of you. Meals are only €4.50.


  • Closed Accounts Posts: 6,388 ✭✭✭gbee


    New takeaway menu just arrived. Mainstream Thai curries have been increased in price from €5.95 (which was good)

    And this is the problem, €5.95 was NOT good, €4.95 is about the max for a good street litterer ~

    But you've highlighted why we in Ireland are taken the mickey out of at every corner, we THINK that over-inflated prices are "good" to begin with.

    You know, in this climate this curry should be €3 AND they'd be making a profit on it @50C.

    You know what you gotta do, I needn't say. Good Luck!


  • Registered Users, Registered Users 2 Posts: 2,361 ✭✭✭Itsdacraic


    gbee wrote: »
    And this is the problem, €5.95 was NOT good, €4.95 is about the max for a good street litterer ~

    But you've highlighted why we in Ireland are taken the mickey out of at every corner, we THINK that over-inflated prices are "good" to begin with.

    You know, in this climate this curry should be €3 AND they'd be making a profit on it @50C.

    You know what you gotta do, I needn't say. Good Luck!

    :rolleyes:

    Ya and I'm sure all those 50 cents will cover the rates, rent and wages on an O'Connell St unit alright.

    The restaurant is in a prime location, clean and does decent quality food, expect to pay a bit of a premium. If you want cheap, cheerful and dirty go get the eurosaver menu in McDonalds.


  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    gbee wrote: »
    And this is the problem, €5.95 was NOT good, €4.95 is about the max for a good street litterer ~

    But you've highlighted why we in Ireland are taken the mickey out of at every corner, we THINK that over-inflated prices are "good" to begin with.

    You know, in this climate this curry should be €3 AND they'd be making a profit on it @50C.

    You know what you gotta do, I needn't say. Good Luck!

    I think €5.95 was the least expensive Thai curry (takeaway) in town, subject to correction.


  • Closed Accounts Posts: 6,388 ✭✭✭gbee


    Itsdacraic wrote: »
    :rolleyes: Ya and I'm sure all those 50 cents will cover the rates, rent and wages on an O'Connell St unit alright.

    If they sell enough, sure why not. But I did not say they should sell at 50C, just that it is profitable at that price ... the price, demand, sales model has to be applied and obviously this establishment is looking at that model and increasing their prices as sales fall.


    As with any model, there are exceptions and special difficulties and sometimes one cannot give away product even for free, so lowering prices may not have a knock on effect in increased trade ~ in this climate, and this is one of those special difficulties, increasing prices is not being patriotic.


    A reduction in wages, rents, rates, materials, accountant fees, taxes should all be sought and would have to be granted on patriotic ideology. But as we know, the Tax Man will just close you down ~ but this is where the fight must go. :)


  • Closed Accounts Posts: 2,916 ✭✭✭RonMexico


    Time and time again boards.ie illustrates how the average man on the street hasn't a ****in clue how a business works.


  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    RonMexico wrote: »
    Time and time again boards.ie illustrates how the average man on the street hasn't a ****in clue how a business works.

    Why not enlighten us then Ron?

    All I can see is a monumental 33% price hike, at a time when people are quite rightly very concerned and conservative with their discretionary spending.


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  • Registered Users, Registered Users 2 Posts: 4,929 ✭✭✭Raiser


    RonMexico wrote: »
    Time and time again boards.ie illustrates how the average man on the street hasn't a ****in clue how a business works.

    I don't have a Harvard MBA.

    I don't have a good head for accounting.

    I'm no Entrepreneur.

    - But I do know that if you fcuk your Customers over then the perceived insult will cause their own obstinate nature to kick in and lead them to drop you in an instant and then go on tell 10 other People what you're at - Or in this case 706 other People so far and that's well inside of 24 hours.......


  • Registered Users, Registered Users 2 Posts: 2,361 ✭✭✭Itsdacraic


    Raiser wrote: »

    - But I do know that if you fcuk your Customers over then the perceived insult will cause their own obstinate nature to kick in and lead them to drop you in an instant and then go on tell 10 other People what you're at - Or in this case 706 other People so far and that's well inside of 24 hours.......

    You get insulted when a take-away raises it prices? Oh man :eek:


  • Registered Users, Registered Users 2 Posts: 13,591 ✭✭✭✭Aidric


    Aidric wrote: »
    I've eaten there many times and never experienced an 'attitude' towards customers. Perhaps you'd like to explain what you're on about.
    No answer to this question I see. :rolleyes:


  • Closed Accounts Posts: 1,131 ✭✭✭MissHoneyBun


    Aidric wrote: »
    No answer to this question I see. :rolleyes:

    Oh sorry Aidric, I had actually chosen to ignore it on the basis of it being a non sequitur and also because of your perennial desire to create conflict as demonstrated above yet again.


  • Registered Users, Registered Users 2 Posts: 6,467 ✭✭✭h3000


    Myself and the better half eat in the Bambu quite often (most Saturdays). I taught before this price increase came in that the portion sizes had dropped slightly which pissed me off a bit. Since the price increase came in the portion sizes have gone back up but as said a few times in the thread a 33% increase is a bit much in today's economic climate.

    The 'Tea Time Special' 3 course set menu has increased from 13.95 to 15.95 (about 14%) which still is not too bad.

    I find the staff very friendly and never experienced any bad attitude from them.

    One thing that drives my crazy about the place is the tiny two seater tables, particularly when both people are having curries (4 bowls, two plates, a large water jug and two glasses), it all gets a bit cramped.


    Overall I am a bit pissed off over the price increases but I will still go back there to eat, albeit not as often until the prices drop again. At the current pricing there are others alternatives around town.

    0118 999 881 999 119 725 3



  • Closed Accounts Posts: 1,131 ✭✭✭MissHoneyBun


    h3000 wrote: »
    I find the staff very friendly and never experienced any bad attitude from them.

    h3 -Just to clarify, I was referring to their attitude towards pricing, it's just Aidric attempted to imply a greater meaning.


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  • Registered Users, Registered Users 2 Posts: 55,571 ✭✭✭✭Mr E


    Aidric wrote: »
    I've eaten there many times and never experienced an 'attitude' towards customers. Perhaps you'd like to explain what you're on about.
    Oh sorry Aidric, I had actually chosen to ignore it on the basis of it being a non sequitur and also because of your perennial desire to create conflict as demonstrated above yet again.

    Cut out the bickering, folks.... Nobody wants to read you two sniping at each other. Cheers.


  • Registered Users, Registered Users 2 Posts: 3,207 ✭✭✭hightower1


    Raiser wrote: »
    I find your reasoning fatally flawed, this thread has had as many as 510 views in 15 hours and several People have taken the trouble to post specifically to say they are determined to avoid the place solely because of the recent price hike.

    So you believe that if someone walks in now, sees the prices...

    If they had read a whine on a forum they WONT pay as opposed to if they had not read the whine they would pay? IMO THATS flawed logic.

    What ever way you look at it they dont care about a forum anywhere, tbh it matters very little to any normal persons life in fact but what they will care about is money... thats why they are in business. You can read opinions all day long but what will make the difference is when you are handing over cash ... bottom line.


  • Banned (with Prison Access) Posts: 16,620 ✭✭✭✭dr.fuzzenstein


    RonMexico wrote: »
    Most businesses are struggling to make ends meet. Most businesses can't even pay their rates. A recession affects everybody. It does not mean that every business should automatically lower their prices just because you'd like that. Footfall is down for all businessses, something has to give. That means either letting workers go or raising prices. €7.95 is cheap. If you can't afford it you should cook your own food.

    Misunderstanding economics of scale has always been an Irish trait that has fascinated me for years.
    Everywhere in the world every 6 year old is taught the first law of supply and demand:
    Increased supply and lower demand= lower prices.
    Increased demand and lower supply= higher prices.
    This goes in tandem with economics of scale.
    Lower your prices, increase turnover= higher profits. You make less money on a single item, but since you shift more of them, profit is increased.

    These lessons in economy are in no way new or revolutionary, they are being taught to 6 year olds the world over.
    Only Ireland is (as always) different.
    Decreased demand? Increase prices. this will lead to even lower demand and economics of scale then dictate that your overall profit is down.
    Keep going that way and you'll be in the dole queue PDQ.
    Having said that I don't think Bambu's prices are extortionate, but increasing prices in time of lesser demand is a surefire way to decreased turnover and profits.


  • Registered Users, Registered Users 2 Posts: 4,929 ✭✭✭Raiser


    Irish History 101.

    Bearskins and Dinosaur hunting

    Crannogs and Boar Hunting.

    800 Years of W@nker Neighbours.

    Rabid Catholicism.

    Got crafty and joined the 'EEC'

    Hans, Bertrand, Miguel and Franziska build us roads and finance all our Loans.

    Every 19 year old in the Country thinks he deserves a 5 Series 'Beemer'

    Irish People enjoy paying through the nose for everything - Expensive = Classy.

    Every Pimple-Popping Idiot that ever failed his Leaving Cert borrows 500,000,000 from Anglo.

    CRASH > RECESSSION > NAMA > SCHOOLS STILL PREFABS > HOSPITALS STILL SHÍTE

    2010 People still stoopid - Rinse and repeat.


  • Closed Accounts Posts: 1,648 ✭✭✭vkid


    i dont think the prices are that bad even with the increase. Try bella italia who are charging 14/15 Eu for a plate of pasta. Nice and all as it was, thats robbery


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  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    vkid wrote: »
    i dont think the prices are that bad even with the increase....

    They are 33% or 1/3 higher though! :eek:

    Demand is highly elastic I'd suggest. Some will clearly be happy to pay the much higher prices, but I'd suggest many more won't.


  • Registered Users, Registered Users 2 Posts: 2,361 ✭✭✭Itsdacraic


    New takeaway menu just arrived.

    Mainstream Thai curries have been increased in price from €5.95 (which was good) up to €7.95 (which isn't).

    My bad maths tells me that's an increase of an enormous 33% :eek:

    Rip off Ireland is alive and well.
    It is. I can't think of any chinese place that would be much over €8 for a dish incl. rice.

    What about the massive increase? 33%!!!!! :eek:

    p.s. It's a recession
    Easy.

    Dishes were roughly €6, and are now roughly €8. A massive 33% increase in the middle of a recession.

    Granted we can all read menus, but I thought it was worth highlighting. I won't darken their door again.
    In a recession costs should be minimised and value increased if possible.

    Putting prices up in this market by 1/3 is financial suicide.
    Why not enlighten us then Ron?

    All I can see is a monumental 33% price hike, at a time when people are quite rightly very concerned and conservative with their discretionary spending.
    They are 33% or 1/3 higher though! :eek:

    Demand is highly elastic I'd suggest. Some will clearly be happy to pay the much higher prices, but I'd suggest many more won't.

    Looks like somebody just learned fractions and percentages in school and is trying to show off.


  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    Itsdacraic wrote: »
    Looks like somebody just learned fractions and percentages in school and is trying to show off.

    Far from it. Just illustrating a point.


  • Closed Accounts Posts: 1,648 ✭✭✭vkid


    They are 33% or 1/3 higher though! :eek:

    Demand is highly elastic I'd suggest. Some will clearly be happy to pay the much higher prices, but I'd suggest many more won't.

    Ya the increase is hefty enough % wise but against some other Chinese, their overall price is grand imo. Their food was lurvely any time i was there too so i'm happy enough to pay it.

    At least Bambu are relatively cheap overall, maybe not as cheap as they were but still reasonable. Like a McDonalds Big Mac Meal will cost you the bones of 8Eu. I'd prefer to pay that to Bambu myself .

    Suppose i'm still in complete shock after the price of pasta in Bella italia so 7.95 for a chinese is fine imo


  • Registered Users, Registered Users 2 Posts: 2,361 ✭✭✭Itsdacraic


    Far from it. Just illustrating a point.

    Over and over and over


  • Moderators, Business & Finance Moderators Posts: 17,858 Mod ✭✭✭✭Henry Ford III


    Itsdacraic wrote: »
    Over and over and over

    Glad to see it worked :D


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