Arena Events Share Discussion Threads

[praipus] 04/2/2022 22:05

Weiss Asset Management increase ARE holding again now 10.62%

[baddeal] 25/1/2022 15:51

When does this finally complete?

[researchmonkey] 20/10/2021 10:21

No. They are buying 100% of the shares

[acefromspace] 20/10/2021 09:52

Will these still trade after this take over goes through?

[researchmonkey] 20/10/2021 07:54

All of this company is now owned by Saudi Arabia - is the answer to my earlier question. 21p - that’s some discount from its peak. I see they are letting the CEO - Greg Lawless go - I think that’s a good shout as he had come unstuck a long time before Covid.

[lord gnome] 20/10/2021 06:56

Sad to see this go. No holding but it was on my watch list for when funds permitted. Sold for a song.

[techno20] 20/10/2021 06:41

A bit too early for my liking. Had tucked away on a 2 year horizon at which point value would have been far higher than 21p I suspect.

[boozey] 20/10/2021 06:14

Only have a small holding here but will take the 21p!

[researchmonkey] 12/10/2021 09:53

Arena haven’t updated their Twitter or posted since pre pandemic. I find that a little concerning. It’s symptomatic of a company that has lost its way. Communication to customers is key and Twitter is a part of that. It feels and looks like they are defeated.

[researchmonkey] 05/10/2021 17:16

How much of this company is now owned by Saudi Arabian funds and investors? Will their large share holding put off some of their customers in the US ? Is this something to worry about?

[burtond1] 17/8/2021 06:34

Game, Set and Match for @Arena_UKEU "The #ARE price hasn't moved much in 2021, despite the capacity to pick up prestigious new contracts, such as the award last month of a multi-million pound deal to deliver one of the venue clusters @birminghamcg22 "https://total-market-solutions.com/2021/08/arena-events-group-plc/

[paleje] 06/8/2021 07:22

Live events to get insurance cover underwritten by HMG for a year as growing sign that govt think we're on the home run.

[paleje] 21/7/2021 09:02

An expensive facility disposed of and as of a couple of days ago 27m cash in bank.

Vaccine Passports are coming whether some like it or not, to open and keep open large gatherings of any sort, already happening other countries France in particular. We have French friend says in spite of the protests around 12m French citizens have agreed to the jabs since Macron got tough.

Our market cap 50m looks low, with 27m cash the market is attributing only 23m to the company's other assets, this will re-rate at some point, possibly quite quickly when it starts

[qs99] 07/7/2021 06:44

FY22 "transitional" year.....so IMO that means a long time still to wait for any serious "hay" to be made and still at risk of further lockdowns et al....

I'm a fan, but too much uncertainty and timeframes for me have just been extended.

DYOR

[paleje] 07/7/2021 06:31

Not a bad result in the circumstances and current year, which we're already a quarter into, looking good all being well.

...We are cautiously optimistic about the pace of recovery in the live events industry, which has started later than we would have liked as COVID-19 restrictions have returned in some countries and remained in place in others longer than anticipated. Nevertheless, vaccine rollout is going well in all our major markets and therefore, we expect FY22 to be a transitional year for the Group.

[paleje] 15/6/2021 09:59

Wimbledon finals expected to have full capacity crowds when they play next month, has to feed through to other events barring some unforeseen bombshell.

[paleje] 08/6/2021 15:37

Mail Online this afternoon -

'Green light COVID passports? Fully vaccinated fans WILL be allowed to use NHS app to get into England's Euro matches starting with first game against Croatia on Sunday - but rest will still have to take a test to enter...'

Only a matter of time before this extends to other events imo, both here and the US. probably quite quickly too now that ministers have broken cover admitting the' vaccination passport' concept domestically.

[paleje] 14/5/2021 13:47

Not only that Dodger, but the US is opening faster than we are and the Aztec Shaffer sporting events portfolio will be getting back on its feet before the end of summer unless there is some catastrophic derailment of the Biden pandemic recovery efforts. Yesterday they announced:-

The United States CDC=Center Desease Control Prevention announced that two weeks after vaccination, no need to wear masks indoors and outside except in public transportation.

Stadia will be re-opening, golf and other outdoor sporting events. News should start to flow and that will kick start the share price (again).

[dodger777] 10/5/2021 17:15

The country is opening up. Arena still has a way to recover and with Boris announcing major loosening of restrictions from Monday in england and the rest of the U.K. following soon this surely is a bargain

[paleje] 16/4/2021 14:50

That is one bargain buy imo.

[tez123] 12/4/2021 14:30

Completion remains subject to, inter alia, the sale hearing at the United States Bankruptcy Court for the Southern District of Texas on 12 April 2021.

[tez123] 12/4/2021 13:43

News AH or tomorrow on the Aztec Shaffer assets.

[paleje] 29/3/2021 09:46

Aztec Shaffer filed for Chapter 11 protection before Christmas estimated assets were between $10m - $50m, we don't know what they're paying as they haven't provided detail but they must see good value out there and want to take advantage at distress levels before a sector recovery gets underway.

Placing price hardly discounted.

[ny boy] 03/3/2021 14:50

Glavey

New York

I prefer HYVE in the sector, have been accumulating on pull backs, also after Dishi Rishi Budget, for sure (STAF)an obvious economic recovery play too

Got a few of these too GL but dyor as usual