||EPS - Basic
||Market Cap (m)
|Travel & Leisure
|Revolution Daily Update: Revolution Bars is listed in the Travel & Leisure sector of the London Stock Exchange with ticker RBG. The last closing price for Revolution was 220p.|
Revolution Bars has a 4 week average price of 213p and a 12 week average price of 173p.
The 1 year high share price is 246p while the 1 year low share price is currently 148p.
There are currently 50,000,000 shares in issue and the average daily traded volume is 41,238 shares. The market capitalisation of Revolution Bars is £110,000,000.
|paulypilot: Oakley is completely missing the point. RBG is a roll-out. They are being offered absolutely amazing deals on new sites, many of which are former HMV sites which have been closed for years. RBG applies for planning permission change to use as bars, which is difficult & takes a long time. Once granted, they sign a new lease on amazingly competitive rents. So the new sites hit the ground running, on a 38% ROI. So payback period less than 3 years.
Clearly there would be little maintenance capex in the first 3 years, as everything is new. So new sites pay for themselves quickly. Overall maintenance capex is c.£5m, mainly on the older sites.
So the company should make about £17m EBITDA this year, which is enough to fund the maintenance capex, pay a bit of tax (not much), there's little to no debt interest (as it has no net debt), then the remaining cashflow is enough to pay a 2.6% divi, and fund 6 new £1m sites per annum - which raise EBITDA by about £2m per annum.
It's a fantastic business model. Investors just have to sit back & do nothing, and in 5 years time we should be significantly richer from this share.
Over-analysing historic numbers is completely missing the point!
But that, and an aversion many investors have to investing in bars, is what creates the buying opportunity here. I've no idea when the share price will re-rate, but I am certain it will, eventually, once more investors grasp the investing rationale here.
|fizzypop: Paul Scott @paulypilot 30m30 minutes ago
Revolution Bars (RBG) interims look fine to me. In line FY outlook. It's a cheap retail roll-out, with no net debt. Lovely cashflow. I hold
0 replies . 2 retweets 8 likes
Paul Scott @paulypilot 13m13 minutes ago
RBG - share price dropped c.10-15% on worries when FD departed recently. Nothing in accounts today to justify that worry.
0 replies . 0 retweets 3 likes
Paul Scott @paulypilot 5m5 minutes ago
RBG- FinnCap just raised its PBT/EPS forecasts by 3% for both 6/2017 and 6/2018 years. Cites softer pr yr H2 comps, strong H1, new openings
0 replies . 0 retweets 0 likes|
|muffinhead: Surprised coming so soon after a trading statement...he seems the type that tends to stay in a job and has been with some good companies
|bones: BPC10 - check out the news items around that time. Revolution Bars came to the market then. RBG was used as a ticker for a different company before then so there is no relevance to the share price "drop". It never happened.|
|thevaluehunter: Sales up 16.2% over the 5 week xmas trading period and the share price goes down...very odd|
Revolution share price data is direct from the London Stock Exchange