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Share Name Share Symbol Market Type Share ISIN Share Description
Arena Events Group Plc LSE:ARE London Ordinary Share GB00BF0HYJ24 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 1.23% 16.50 16.00 17.00 16.50 16.50 16.50 217,983 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 183.2 -23.0 -15.0 - 54

Arena Events Share Discussion Threads

Showing 3251 to 3274 of 3450 messages
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
DateSubjectAuthorDiscuss
13/2/2020
21:57
What are the events that have been postponed that effect Arena?
john henry1
13/2/2020
10:25
If many more events are postponed it'll play havoc with their cash flow. I wonder whether they are insured against corona type events?
peter27
13/2/2020
09:59
Well that top up turned out well then. Err.... not.
lord gnome
11/2/2020
14:17
Arena Events Swings To Profit In First Half On Growth In Saudi Arabia Alliance News, 11 February, 2020 Arena Events Group PLC on Tuesday reported double-digit revenue growth in the first half of its current financial year, thanks to a strong performance in Saudi Arabia. It reported pretax profit of GBP4.1 million for the six months to the end of 2019 compared to a GBP1.4 million loss a year earlier, as revenue jumped by 16% to GBP92.7 million from GBP80.1 million. Arena Events said headwinds from weaker markets in Hong Kong and Dubai, were broadly offset by growth in Saudi Arabia. Meanwhile, both the UK and US markets were less buoyant than in previous years. However, cost pressures continue in both the US and UK, Arena Events said, from "tighter" labour markets leading to an increase in staff costs. The London event market has been softer than in prior years due to the general level of economic "nervousness" and political uncertainty. "For the group as a whole, trading for the six-months to December has been solid," said Chief Executive Greg Lawless. "Looking further forward, despite some concerns about the general trading environment in a number of markets, the group still expects to see revenue growth in the year ended March 2021 with the return of the US Open, the Ryder Cup, the Dubai Expo 2020 and further projects in Saudi Arabia," added Lawless.
turbocharge
11/2/2020
08:19
Added a few more myself. Looking to build a bigger position if the recovery continues. As I said before, I think this is a fundamentally sound company which is good at what it does. It just got overstretched.
lord gnome
11/2/2020
08:16
Joined you with an initial position after these improved results
interceptor2
11/2/2020
07:53
Decent EBITDA number....and underlying OP...as you say, should start re-rating as they recover credibility etc...DYOR
qs99
11/2/2020
07:27
Today's update reads well and is full of positives. Looks to be well on the road to recovery.
lord gnome
21/1/2020
18:50
Welcome aboard! Rising share price hopefully is a decent sign!
qs99
21/1/2020
14:20
Hopefully this has some way to go, I bought some time ago, and getting close to break-even now for me. You might find this snippet I posted earlier interesting: "Arena Events Plc. Arena's offerings include specialist temporary physical structures, seating, ice rinks, furniture and interiors, mostly for sporting, cultural and corporate events of a Tier 1 nature. The company focuses on creating long-term, multi-year contracts with clients (for example it has had a relationship with Wimbledon for 50 years and the Ryder Cup for 20 years) and therefore large proportion, recurring revenues are attractive. Operating in a highly fragmented marketplace, with competition tending to be sector/region-specific, and Arena's strategy is one of consolidation, organically or via bolt-on acquisition, both geographically and by product. We believe this strategy to be a sensible one as the consequential breadth and depth of service it can offer, coupled with an experienced management team and strong heritage, should position them to grow ahead of the market, enhance margins and improve asset utilisation."
turbocharge
17/1/2020
09:23
moving along again nicely
qs99
11/1/2020
11:31
Has it been tipped, or is this just a reaction to the stake building?
qs99
10/1/2020
16:15
More of the same and buyers coming in now...
turbocharge
09/1/2020
15:08
The uptick continues
turbocharge
06/1/2020
15:18
Some large buys today, totalling around 12 million. Changing hands between funds maybe...
turbocharge
23/12/2019
16:20
yup am in for the recovery. Other recovery play at mo is BILB....not without their risks....DYOR
qs99
23/12/2019
12:13
Up 10.7% so far on continued buys....
turbocharge
15/11/2019
16:37
2% arrangement fee and 5% payable after 6monthsThat's expensive debt. Hope the margin on the contracts is good!
baddeal
11/11/2019
12:52
They can't get any cash from their bank to fund this hence they've gone to shareholders. Last chance saloon I think..............
thinkmoney
11/11/2019
10:00
I hope there is a decent profit margin as that has been the problem in the past.
peter27
11/11/2019
09:40
"....reflects the Group's positive performance in winning new contracts which together with the, already secured, multi-million pound contracts for the US Ryder Cup and the Seating and Structures contracts for Tokyo Olympics, sets the Group up for a strong 2020."
turbocharge
11/11/2019
09:38
New contracts and short-term finance facility 11 November 2019 Arena Events Group plc, the integrated event solutions business, announces that it has recently been awarded a number of new contracts across its US, UK and MEA divisions. These projects are due for delivery in the first half of 2020 and will require upfront investment in both equipment and additional working capital. The Company is therefore pleased to have agreed terms with its major shareholder, Lombard Odier Investment Management ("LOIM") for a new short-term financing facility of GBP2.0 million ("New Finance Facility") to support the delivery of these contracts. The board of Arena (the "Board") considers that the New Finance Facility is the most beneficial form of short-term working capital finance for shareholders, given it will not result in equity dilution. Arena has entered into an agreement, dated 8 November 2019, with LOIM in regard to the New Finance Facility. The terms of the facility state that GBP2 million will be available for drawdown, repayable 6 months from inception, with a 2% arrangement fee and an additional 5% premium on the drawn funds. The New Finance Facility is subordinated to the Company's existing facilities with HSBC UK plc ("HSBC"). LOIM is classified as a "substantial shareholder", and is considered a "related party" under the AIM Rules and, therefore, entering into the New Finance Facility is deemed to constitute a related party transaction for the purposes of AIM Rule 13. The Board have consulted with Cenkos Securities plc, the Company's nominated adviser, and consider that the terms of the New Finance Facility are fair and reasonable insofar as the Company's shareholders are concerned. Ken Hanna, Arena's Chairman, commented: "The Board is pleased with the continued support of LOIM and this new facility demonstrates their confidence in the Company going forward. Our business is, at times, capital intensive and the need for additional finance reflects the Group's positive performance in winning new contracts which together with the, already secured, multi-million pound contracts for the US Ryder Cup and the Seating and Structures contracts for Tokyo Olympics, sets the Group up for a strong 2020."
turbocharge
11/10/2019
10:51
I tell you what - it�s brown trousers time in Japan. The worlds largest tent that Arena have put up will want to turn it self into a sail in the wind and the rain. Temporary structures and extreme weather of rain and snow and sun are a problem - they leak in rain, snow loading is a massive worry and you need to spend lots on AC if it�s hot. But wind ! Wind - is super dangerous. Arena have tiny margins as we have seen revenue is up but profit is down. You need things like weather to be inside otherwise your costs rocket and all the profit goes out of the window. The CEO will be onsite and will be throwing up with fear.
researchmonkey
11/10/2019
10:51
I tell you what - it�s brown trousers time in Japan. The worlds largest tent that Arena have put up will want to turn it self into a sail in the wind and the rain. Temporary structures and extreme weather of rain and snow and sun are a problem - they leak in rain, snow loading is a massive worry and you need to spend lots on AC if it�s hot. But wind ! Wind - is super dangerous. Arena have tiny margins as we have seen revenue is up but profit is down. You need things like weather to be inside otherwise your costs rocket and all the profit goes out of the window. The CEO will be onsite and will be throwing up with fear.
researchmonkey
Chat Pages: 138  137  136  135  134  133  132  131  130  129  128  127  Older
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