Revolution Bars Share Discussion Threads

[ny boy] 03/5/2024 04:16

Underwater shareholders will hardly be excited, any rival with just cherry pick what might be of interest. No real value imo
These were ridiculously over-valued at 200p in 2018, a few got very rich out of it I’m sure

[thebd11] 02/5/2024 11:34

OR if there is a takeover, which is most interesting. I'm chatting with Rob and Dan tomorrow AM so hopefully get a few insights on the process here! Also meeting Nightcap next week so can talk it through from both sides. Will report back

[jaknife] 02/5/2024 11:05

The new shares aren't in CREST and haven't been issued yet. The new shareholders aren't going to put any money in until RBG has first successfully completed the "Restructuring Plan", which is a legal process that needs court approval. If the Plan doesn't complete then the new shareholders walk and don't put the cash in.

[unabkxb] 02/5/2024 10:49

Strictly speaking Shareholder's are Stakeholders but I take your point. My understanding is that the New shares are already in CREST but won't be admitted to AIM for trading until 03 September as you say . Could this be to prevent traders taking a quick profit and creating turmoil with the share price whilst negotiations are ongoing ?Financers often agree to lock in periods when receiving New shares.

[tomboyb] 02/5/2024 09:07

Retailers are screwed -

How about that -

They will come back for more soon -

[seekthetech] 01/5/2024 13:55

If the shares don’t get admitted til September, do I read it right that we have funded the company to provide working capital and a fee pot to allow a deal to be done in selling the business which gets the creditors all their money back at which point our untradeable equity will be in the pockets of the banks, luke Johnson and friends, the board and the advisers…. Or am I missing something..? Genuinely can’t get my head round what they have done. Can anyone explain? The clue in the RNS about a better deal for “stakeholders” not “shareholders” is a serious red flag

[seangwhite] 17/4/2024 20:41

The balance sheet is a testament to Edelman's influence.

[tomboyb] 15/4/2024 20:48

Its very lucky to survive -

Just look at the balance sheet -

[seangwhite] 15/4/2024 20:43

Surely Edelman as Chairman is going to buy a fair of wad of these.

[useless23] 15/4/2024 14:43

MM's desperately need to sell stock and no one is buying

[abc125] 12/4/2024 11:20

wtf. 1.2 billion share placing???

[useless23] 12/4/2024 09:19

25% spread. Lol.

[seangwhite] 12/4/2024 08:31

Well I am really impressed that Edelman is putting £14.4k into this fairly risky business. It is hard to get a wise and shrewd businessman of his stature to part with such a very large sum.

[purplepelmets] 12/4/2024 08:25

Soon as i saw his name connected here i mentally wrote off this as a hopeless punt. I'd trust the dark lord himself more than this chancer

[albert35911] 11/4/2024 15:34

Bbm……aim gamblers-only if they believe you.

[puzzler2] 11/4/2024 11:55

Would that be the same Luke Johnson who was involved with CAKE (Patisserie Valerie) and who was so detached from the reality of that business that its failure has destroyed his credibility forever imo.

[boffster] 11/4/2024 11:50

I'd say this was at the upper end of what shareholders could have hoped for. I personally get the feeling that the worst has passed for hospitality and clearly some big investors think the same.

[bimbamboom] 11/4/2024 10:49

The crazy world of aim gamblers

[manual dexterity] 11/4/2024 10:09

They have done well to raise the equity and get some debt written off. Ultimately there was no real choice was there.

[jaknife] 11/4/2024 10:02

Can those who are negative articulate the negative view a little more clearly please?

What is it about the Restructuring Plan, that expects to ditch 18 unprofitable leases, that you think is bad?

Do you not agree that the newly restructured business is profitable on a pro-forma basis?

Do you not think that Luke Johnson's involvement adds credibility to the proposal?

[glavey] 11/4/2024 09:51

Presumably someone who doesn't go to Specsavers.

[bimbamboom] 11/4/2024 08:53

Who is paying over 1p for this

[useless23] 11/4/2024 08:29

You would need your head testing to pay anything more than 1p for this

[onjohn] 11/4/2024 07:43

Won’t touch if pizza boy cake fraud boy is involved here