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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sports Cafe | LSE:SCA | London | Ordinary Share | GB0030612864 | ORD 5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.00 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 2.00 | GBX |
Sports Cafe (SCA) Share Charts1 Year Sports Cafe Chart |
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1 Month Sports Cafe Chart |
Intraday Sports Cafe Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 15/2/2008 | 10:08 | The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) | 1,643 |
| 10/1/2008 | 19:42 | Only worth 9p on fundamentals | 10 |
| 16/1/2007 | 22:25 | Sports Cafe Holdings - Set to double again | 271 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 12/1/2008 19:42 by flyingscotsman2 Robin, Alot of what you same makes sense........ however the assumptions you make are on a business which has traded on trying to grow the business and managers not trying to line their own pockets. Unfortunately certain senior members of SCA have weakened it's financial position through sheer neglect. Sad eh?I have a strong affection for this company and the people who work within it, of a non managerial capacity, so to find out that these people have to go through an "administration" because of certain individuals incompetence is grossly unfair. Just a word of note on some financial facts...... the company has 3 strong trading sites (one is the Haymarket venue) and 4/5 VERY weak venues...... something the board were unwilling to recognise since the world cup last year... for what i think were "emotional" reasons...... I will all as SCA the very best of luck...... and believe it will be back where it belongs, listed on AIM, with a stronger more focussed management and a streamlines strategy. |
Posted at 11/1/2008 10:21 by agreeable questions need to be asked as to what information caused non execs to resign and why that info was not immediately made available to market, only when price fell did they make trading statement. I feel this prompts a Stewards Enquiry! Nomads need to get a grip here. |
Posted at 10/1/2008 18:18 by robin_of_loxley hmmmextracts of news over past few months.... first we had: Sports Cafe says offer talks terminated LONDON (AFX) - Sports Cafe Holdings PLC said it has terminated all talks regarding a possible offer for the company, announced last September, as a formal satisfactory offer was not received despite ongoing discussions. The company said following termination, it is now carrying out a review of its future strategy and exploring a number of financing options, including the possibility of the sale and leaseback of its Birmingham site. Then we had: Appointment of Peter Marks as Chief Executive Officer Sports Cafe (AIM: SCA), the owner and operator of the Sports Cafe chain of leading licensed Sports Entertainment Venues, announces the recruitment of Peter Marks (46) as Chief Executive with immediate effect. Bill Balkou, the original founder of Sports Cafe, takes up the new Main Board position of Development Director. then: Sports Cafe FY pretax loss widens to 1.67 mln stg from 1.40 mln stg LONDON (Thomson Financial) - Sports Cafe Holdings PLC, the operator of the Sports Cafe chain of licensed sports entertainment venues, said that full-year pretax losses to end-December 2006 widened to 1.67 mln stg from 1.40 mln stg in 2005. then: Sports Cafe Holdings plc ("Sports Cafe" or the "Company") Sale and Lease back of Sports Cafe site, Birmingham Sports Cafe, the owner and operator of the Sports Cafe chain of leading licensed Sports Entertainment Venues, announces that it has exchanged contracts for the sale and leaseback of 240 Broad Street, Birmingham for a consideration of #4.4 million (net #4.3m). This follows the review of its strategy and financing options for future growth announced in January this year. then: RNS Number:6759E Sports Cafe Holdings plc 28 September 2007 ...Cost base reduced by #1 million per annum following cost cutting exercise at end of 2006... ..Following appointment of new CEO, Peter Marks, in February, full strategic review undertaken establishing acquisition strategy as part of growth... then: Sports Cafe, the owner and operator of the Sports Cafe chain of leading licensed Sports Entertainment Venues, held their AGM today and Chris Akers, Deputy Chairman, made the following comments on current trading: 'Following the difficult trading conditions during the second half of 2006, the initial months of 2007 have, as announced in the Annual Report, been a period of consolidation of the business on a reduced operating cost base with significant change in both strategic direction and operating focus. Whilst total sales during the first quarter of the year were at a similar level to 2006, the cost reduction exercise undertaken at the end of 2006 was reflected in both our gross margins and operating cost base during the first quarter. In common with many high street businesses, April trading was impacted by the unseasonably warm weather. However, trading during May, with its strong sporting calendar, has shown improved figures in the month to date. The Rugby World Cup and an increased level of televised premiership football from August are expected to provide the basis for a strong second half to the year then: Current Trading and Outlook to 2007 Our stated initiatives to reduce costs and improve unit performance are generating early indications of some success. Trading profit in the four months to 31/10/07 is ahead of the previous year and forward Xmas bookings provide further evidence of an upturn in underlying performance. The initial impact of the smoking ban introduced in England in July 2007 has been relatively benign, although we remain mindful of the coming winter months and continue with innovative ideas to manage the process. These factors together suggest that in spite of market conditions the company should deliver improved operating performance compared with the disappointing first half of 2007 and the second half of the previous financial year, albeit the outcome for the year as a whole will fall short of previous market expectations. 2008 Outlook The Board remains confident that the operational changes implemented during 2007 will result in further improvements in performance during 2008. Notwithstanding England and Scotland's failure to qualify for Euro 2008 we expect a modest increase in sales next year on a reduced cost base, with increases in labour costs being offset by lower energy costs and bank interest. As a result the Board believe that the Sports Cafe business now represents a suitable platform for future expansion. The Board's efforts to identify opportunities for such expansion are progressing satisfactorily. then: 21 December 2007 For Immediate Release 21 December 2007 Sports Cafe Holdings plc ("Sports Cafe" or the "Company") Board Change Sports Cafe, the owner and operator of the Sports Cafe chain of leading licensed Sports Entertainment Venues, announces that Christopher Akers and Stephen Ross, Non-executive Directors, have resigned from the Board with immediate effect. then: 9 January 2008 Sports Cafe Holdings plc ("Sports Cafe or "the Company") Comment on financial position As a result of poor Christmas trading and a slow start to 2008, the Company announces that it is currently in discussions with its bankers concerning an extension to its banking facilities. As has been the case historically, while the bank remains supportive of the Company there can be no guarantee that this support will continue and that an extension to the facilities will be agreed. A further announcement will be made in due course. no advice intended (see news section of advfn site for full rns's in context) |
Posted at 10/1/2008 17:56 by robin_of_loxley Is this the sort of hypothetical conversation that could be causing the current decline in share price?This is the Bank Manager, calling Sports Cafe, come in your time is up ;-) I wonder.... no advice intended |
Posted at 10/1/2008 16:16 by robin_of_loxley interesting katsy, suggests a slight flaw in the business model, corroborated by a slight weakening of the share price in the last year or so ;-) |
Posted at 19/10/2007 16:55 by digger27 Extra burgers required for tomorrows rugger treat.Come on England avenge that defeat and I will celebrate by buying a few more SCA. |
Posted at 13/10/2007 11:15 by de369357114 presumably today (rugby semi final) is going to be one of SCA's most profitable days ever. Will all SCA bars be filled to capacity? How busy were the bars last weekend? (against Australia) |
Posted at 09/3/2007 00:46 by robin_of_loxley and these are all the posts that mention 9Evans....09/03/2007 00:43 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe Robin_of_Loxley 08/03/2007 07:07 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe thefruits 07/03/2007 23:10 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe 9Evans 07/03/2007 13:54 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe Xonghile Kudu 07/03/2007 13:36 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe Dr knowledge 07/03/2007 13:25 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe 9Evans 07/03/2007 13:22 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe 9Evans 07/03/2007 13:17 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe hamblyr 07/03/2007 13:12 FBB Petrel Resources - moderated discussion/research part II LSE:PET Petrel RES thefruits 07/03/2007 13:07 FBB Tads News LSE:TAD Tadpole Tech. 9Evans 07/03/2007 13:03 FBB Petrel Resources - moderated discussion/research part II LSE:PET Petrel RES 9Evans 07/03/2007 13:01 FBB The Sports Cafe (SCA): CHART AND DISCUSSION THREAD (moderated) LSE:SCA Sports Cafe 9Evans I notice that there are no posts that mention 9Evans or written by 9Evans before 7th March 2007 |
Posted at 15/1/2007 15:18 by ob4 Zandy, In short:He is as depressed about the share price as us. Insisted that SCA have never mentioned a placing at 15p They never had an actual offer, just a load of interested parties They are not in bad shape financially and the coming set of results are not a disaster by any means - reflected in the fact that thy are still within their banking covenants Nothing stopping one of the interested parties coming back to the table with a bid He admitted that an MBO is an option but wouldn't elaborate - he said he wants the share price to be £1+... He is not going to give the company away cheaply to anyone as he thinks they are still in good shape and planning to expand and get the share price up (he reminded me that noone has more shares than him in the company) |
Posted at 30/11/2006 07:40 by mike111d As you maybe aware for sometime now I have communicated with the company and their brokers with a view to understanding how things are progressing in respect of the various offers that are under review.Whilst there have clearly been delays as more interested parties have entered into discussions with the resulting drag on the share price, the company and their advisors have remained very clear in that a deal is still on the cards, subject to terms being agreed. Now seeing as this process started as a result of the company receiving an informal offer approach i.e. they were not actively looking to sell the business with more potential bidders subsequently entering the arena this got me thinking, do the existing management team relish the thought of being absorbed into a larger operation, resulting no doubt in a loss of their independence to a greater or lesser extent and perhaps in some cases their positions, with the inevitable reorganisations that would ensue. So based upon my thoughts above and as a result of the share price fall yesterday I attempted to make contact with the company without success (too many meetings taking place) but I did manage to get through to their brokers with the results being as follows: The conversation went along the lines of as a shareholder I am concerned about the share price dropping today as a result of a delay in the deal being closed. Response was that a deal remains on and that the fall could be attributed to the article on the back page of the FT today "Market rumours suggest talks have dragged on over concerns about current trading and sharply differing views about the company's worth" I then suggested that given the size of the company and the board looking to protect their own interests, could they be considering a management buyout which in turn has slowed things down. The response was that it was not possible to discuss such matters with an individual share holder but there was certainly no rebuttal or put down of this suggestion. Out of interest, I then went onto enquire what the reporting requirement would be if there was an offer from the management i.e. should the market be advised. The response was that no the reporting code does not require an RNS should the management be considering an offer i.e. already covered by the existing disclosure. So FWIW my interpretation is that a management buyout could well be on the cards and given all of the discussions that have taken place over the past 3 months, the management team would IMO be well positioned in terms of submitting a realistic offer relative to any external offers. |
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