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REG Rare Earth

38.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Rare Earths Investors - REG

Rare Earths Investors - REG

Share Name Share Symbol Market Stock Type
Rare Earth REG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 38.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
38.00 38.00
more quote information »

Top Investor Posts

Top Posts
Posted at 03/4/2014 16:41 by pugugly
A real chinese takeaway - Vulgaris - U are so correct -

I wonder how many other mines there out there on AIM waiting to explode and take investors (I use the word in a cynical sense) to money heaven.

Suggest a place to look could be small explorers in minerals and oils also some of the recent iternet listings and also possibly in the clean tech space - Though in the latter some will win through - but which ????
Posted at 24/4/2012 17:33 by red dog
Can't believe some investors are still hanging on. Holding onto this share is like clinging onto the edge of a cliff with a raging sea below and management of this company stamping on each hand.
Posted at 20/4/2012 08:53 by red dog
Nice dead cat bounce this morning. I can't believe any investor with any common sense would buy this share at present
Posted at 19/4/2012 12:48 by red dog
I agree with London Calling, Tommy Newton and Warwick 69. When I wrote about turn on 13th and subsequent post, I hope it helped investors see sense and sell with a profit before heading for loss making territory.
Posted at 22/8/2008 15:35 by themariner
But it seems that Brook Leisure, one of the previous bidders has just lifted its stake to 19% by the purchase of 3 mil. or so shares. Mind you that only costs a tad more then £100k!

Could they know something we don't, having been "in talks".

I have been fearing REG is the basket case I always said it was (see my many early postings), although I do admit to calling it as fairly valued at around the 30p mark! Didn't recon on the harshness of the crunch...

Having said that, it hit 10p several years ago following some profit warnings and it then promptly returned to 80p once new management arrived (Bob Ivel and others - now departed!).

It's not impossible, were the economic clouds to clear, to imagine a recovery. Remember that after so many pub closures of the last year or two - this makes business a lot better for those "left standing", when conditions improve, after the shakeout. And arguably Jongleurs is well positioned in these time as it's a destination, not a passing trade outlet (albeit stupidly located in prime locations), with huge databases, and advance ticket sales etc.

One for the very brave and counter cyclical investor? Worth a tiny punt? If it turns around it's a 10 bagger!
Posted at 17/6/2008 11:57 by themariner
Actually, I think the decline/closure of so many pus has been inevitable for ages. Did you not witness the massive and completely unsustainable boom in pub numbers throughout the 90's (many thousands of pubs opened, many in old bank premises and the like). Every idiot whith spare time and a bit of cash thought they could open one! This is just a re-adjustment back to equilibrium - and a welcome one at that for many of us actually in the trade. Yes, if there is an overshooting that may be a source of regret in terms of one's subjective opinion (i.e. it's nice to have pubs everywhere).

As for liberalism and smoking/drug taking. I'm delighted its legal. I'd even bring back tobacco advertising. If some people want to go to a shop, buy drugs that they know will likely send them to an earlier grave than the rest of us - great. It's not so much survival of the fittest, more non-survival (or earlier death) of the stupid, which I'm greaty in favour of. I just feel strongly that so called smoking is almost uniquely a "selfish" drug - you share your drugs with those around you and I don't understand these rather shrill whines that somehow this should be allowed. Smoke yourself to death by all means, just don't force it (and I mean ANY drug) on others against their will and don't make US avoid the places we like to accommodate the selfish and/or the addicted.

As for Regent Inns - if you look at the history of this thread you will see i happened to be calling the demise of this company for YEARS. I literally kept yelling "the music will stop for this company someday"! And it's got absolutely sod all to do with smoking, it's everything to do with bad management and broken business models.

Do I think it's undervalued now - yes, and the solution is a break up (IMHO). But with the crunch, it's almost but not completely unfundable.

You know I was actually asked to lead a management buy IN of the comedy clubs a while back, by a reputable and fundable group of investors. I looked good and hard at it and turned it down. I concluded it would be cheaper and easier to build a fresh (and smaller) chain, in the correct (i.e. NON high st) locations and with the RIGHT bar brand/eatery attached (not RISA).

Even before this, I sought and secured a meeting with the former MD of Regent - and offered my help on the entertainment. The response - "you must be joking, we don't need your help". 6 months later he was removed.

I may still do my own chain, depending on the outcome of all these talks. But I'm pretty busy with other businesses.
Posted at 26/5/2008 14:13 by isis
Perhaps the Directors who supported the smoking ban can explain to shareholders exactly what they were thinking now the share price has dropped 90%? - no coincidence I'm afraid Pubs have surivived many a reccession and we are not even technically in one yet!

Sales slump at Regent Inns

* Simon Bowers
* guardian.co.uk,
* Friday May 16 2008
* Article history

Regent Inns, the struggling pub and comedy club operator, has seen sales at its entertainment bars division slump by almost 11% so far this year as its Walkabout chain continued to be hit hard by increased competition, rising costs and the smoking ban.

Regent has already cancelled dividend payments, cut capital expenditure and in March sold and leased back seven freehold properties. These steps shaved £1.6m off the £79m net debt, which is still more than four times its market capitalisation.

Comparable sales at Regent's core entertainment division fell 3.8% before Christmas but today Bob Ivell, the executive chairman, said this trend had worsened markedly, with like-for-like sales down 10.9%. The figure would have been worse were it not for a "robust" performance from the 12 Jongleurs comedy clubs.

Regent has seen its shares collapse by almost 90% in the last year. It said it was still talking to potential bidders, which are believed to be Sun Capital, the buyout group led by Punch Taverns' founder Hugh Osmond, and the privately owned nightclub group Brooks Leisure. Alchemy Partners is no longer involved in talks.

Four pubs a day are closing in Britain, according to the British Beer & Pub Association. Among the worst hit are late-night high-street bars on leases. Casualties include Laurel Pub Company, CanDu, Massive Pub Company, Soho Clubs & Bars and Sports Cafe.

With no home nation in the Euro 2008 football tournament next month, investors are hoping that the sports-focused Regent will benefit from a summer free from last year's exceptional downpours.
Posted at 09/2/2008 19:40 by jeffian
scburbs,

Not an investor here but was a pubco property director for many years and hold many pubco/regional brewery stocks. When I read your 295, I thought "Hallelujah - absolutely spot on!". A reliance on NAV without looking at the basis of the figures in the balance sheet is a recipe for disaster if the company concerned is having trouble at the trading level. Some years ago, I made exactly the same points as you when Surrey Free Inns (SUF) got into trouble and was being touted as a 'recovery play' (just before the receivers moved in!)



The key issues in these largely leasehold estates are:
1) that an expensively-leased premises which is losing money at the operating level becomes a liability rather than an asset (as opposed to freeholds which always have some residual value, if only for alternative uses) and
2) that the Book Value of leased premises is made up purely of (intangible) 'goodwill' and the cost/value of fixtures & fittings which are often all but worthless if that 'value' needs to be realised in distressed circumstances.

The whole sector - good and bad - has been hammered in the past 6 months and there's plenty to buy 'for recovery' that have cast-iron balance sheets. Why risk something that hasn't?

Regards, Ian

(Edit: If you do click on the link, you may be struck by the similarity of the thread titles - and reflect on what happened to SFI!)
Posted at 15/1/2008 21:42 by zed2002
It looks to me that short term investors was selling out to drive the price down and buy again if price when below 19p. As it rose to 26p it was best time to get out. hence making profit. Now it has gone down to 21p, they can buy more shares. This only works if large amount of shares was bought in the first place.

Should see more info in the papers about suitors
Posted at 06/12/2005 16:53 by themariner
And now for the icing on the cake. Maria Kempinska, who was paid a reputed £8.5m when Regent Inns bought her majority stake in Jongleurs, couldn't wait for the no competition handcuffs to come off and with a few months of the expiry, announced she would launch a chain of rival clubs which one can only assume will be fierce competition for the clubs she effectively sold to Regent 5 years ago! Just what does this imply she thinks of the clubs she sold to them and the clubs they subsequently developed at great cost.

So lets get this clear: Regent put all the money up to fit out all these Jongleurs, plus £8.5m for control and the Jongleurs name. Now just 5 years later, they face potentially the most serious challenge imaginable - competition from the original founder - who also happens to own the IP to the brand AND who books all the acts for the Regent stable of clubs. That's what anyone would describe as "a fine mess", quite apart from the poor or negative returns Regent has seen from Jongleurs (say £1m just for each club, plus £8.5m for control - has Regent generated anything like £25m cash from these clubs in the last 5 years - I doubt it.

Well done Maria for being the only one to have made any money from Jongleurs in the last 5 years, but if I was an investor talking to you right now about backing your new chain, I'd be nervous that there's another make maria rich deal on the table. JV's are meant to make all parties money. As for Regent, I'd say it's ill fated foray into comedy is now effectively over. These clubs will have to be offloaded/closed because they won't be able to compete.

It's a mess even the new management will struggle with. There's just no way you can justify regent's share price.

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