Arena Events Share Discussion Threads

[tomboyb] 03/7/2020 09:36

No idea what ARE is worth -

But this sector is dead 2020 -

www.proactiveinvestors.co.uk/companies/news/923380/arena-events-sees-seismic-change-from-lost-revenue-amid-events-cancellations-923380.html

Arena Events sees seismic change from lost revenue amid events cancellations
Revenue losses up to December, 2020, expected to be over £110mln, are barely offset by the £24mln made in April and May

[jayminpatel1] 03/7/2020 09:20

Twitter tried to pump this dog

[tomboyb] 03/7/2020 09:04

yep -

Earliest is 2021 -

thats true for retail as well although the leisure sector will be hit even harder -

bleak -

[dplewis1] 03/7/2020 08:04

This was getting ramped by a lot of the dimmest people on twitter. It was a bad investment before covid.. margins awful and too many geographically dispersed companies with poor leadership. It's an even worse investment now..

[quepassa] 03/7/2020 08:00

Anyone who supported the March 10p placing has already lost 40-50% of their capital.

Wow, this COVID related outlook statement is as bleak as any which I have seen:-

"The COVID-19 pandemic has taken all the positives away from the solid performance of the Group for the period to the end of March 2020.

Our focus over the last few months has been to implement as many measures as possible to lengthen the cash runway for the Group and to ensure that as much of the fabric of the Group is retained in order to kick start the business, as quickly and efficiently as possible, as soon as the restrictions on mass gatherings at events have been fully lifted.

As a result of this very uncertain environment we are therefore unable to give any specific guidance on how the pandemic will impact trading to the end of March next year, other than to say the impact will be very significant."



The question I ask myself is whether Arena can survive as furlough schemes and other government supports are throttled back.

In my opinion only, this share will fall a lot further

Good Luck All.

ALL IMO. DYOR.
QP

[nw99] 02/7/2020 09:53

Looks oversold

[burtond1] 02/7/2020 09:20

Arena's share price started the year at around 25p, and #ARE has tumbled in the months since to around 6.5p......With many parts of the world seemingly on the path of returning to normality, could now be the time to buy back in to @Arena_UKEUhttps://total-market-solutions.com/2020/07/02/arena-events/

[nw99] 20/6/2020 06:08

Kate Nicholls, chief executive of the industry body UK Hospitality, previously said that with a 2m rule, outlets would be only able to make about 30% of normal revenues, whereas 1m would increase that to 60-75%.

[nw99] 12/6/2020 14:30

Events and information company Informa was in the black as it warned revenue was likely to fall by almost a third in 2020 but indicated prospects were brightening as business starts to revive in China.Informa said activity for physical events had started to pick up in China and that the outlook for trade shows in the second half of the year was encouraging in that market. In the US, Informa's biggest market, physical events are unlikely to restart until September and with activity varying between states.

[turbocharge] 09/6/2020 08:14

Just need an announcements of one of the major events, such as the horse racing, going ahead and the share price should respond accordingly.

[nw99] 09/6/2020 07:19

Sellers cleared

[nquaile875] 08/6/2020 10:49

Looks like an activist investment fund move?

[turbocharge] 08/6/2020 10:25

Arena Events Group PLC Board Appointment
08/06/2020 7:00am

Board Appointment

Arena Events Group plc (AIM: ARE), the global temporary event solutions provider, announces that it has appointed Henry Turcan to the Company's Board in the role of non-executive director.

Henry is a fund manager at Lombard Odier Asset Management (Europe) Limited with a focus on active engagement. He has been advising and investing in UK smaller companies for over 20 years and has extensive experience of assisting public companies to create value for all stakeholders.

Ken Hanna, Chairman of Arena Events Group commented: "I am delighted to welcome Henry to Arena, bringing additional capital markets insight to the Company and strengthening our Board as we navigate these challenging times."

Pursuant to Schedule 2 (g) of the AIM Rules for Companies, Henry Arthur John Turcan (aged 46) has held the following directorships or partnerships in the past five years:

Current Previous
Woodbois Limited Eland Oil & Gas plc
HAJT Limited The Stanley Gibbons
Minds + Machines Group Group PLC
Limited Novum Securities Limited
Novum Nominees Limited
Novum Private Clients
Limited

Mr Turcan does not personally hold any shares in the Company however is a representative of the funds managed or sub-advised by Lombard Odier Investments Manager group entities, collectively one of the Company's largest shareholders.

[turbocharge] 08/6/2020 08:28

Not sure about short term, but I think long term this has potential, so will continue to hold :)

[nw99] 08/6/2020 07:40

Laggard new target 20p

[nw99] 08/6/2020 07:21

Opening up story buy

[nw99] 08/6/2020 06:13

Nice additional hire to the board

[nw99] 06/6/2020 15:43

ceo has 3.8m shs would not be surprised to see a bidder return

[nw99] 05/6/2020 19:55

Big laggard

[researchmonkey] 04/6/2020 21:06

Norwegian Blue Parrot.

There is no sports market - no Ascot, no Wimbledon, Festivals cancelled, Olympics Postponed, Euros postponed and when they come next year or the year after it will be with a very limited number of fans in my opinion. The need to build temporary extra capacity will be gone. The cash burn and the huge debt means, in my opinion, that this form is no longer viable. No one will buy it or rescue it as there is no market and a huge amount of extra capacity. The ice rink business is gone completely. Covid is the perfect storm for Arena. Like some monster punch from a boxer - you couldn’t have ever predicted it but neither can you ever recover from it. That’s being said Arena was not sound prior to Covid but it might have found a way to survive. Holding shares in Arena isn’t optimism it‘s foolish. Don’t buy in. Don’t be fooled by the pumping. This Norwegian Blue Parrot is dead.

[nw99] 02/6/2020 07:57

Sellers cleared

[gudo] 01/6/2020 14:21

The poor sod is sorely mistaken if he thinks that anybody cares about his title of self-proclaimed pump&dump expert, nobody even bothers to read his confused mutterings and pronoucements, lol! :)

[dave4545] 01/6/2020 09:42

QS99

Remember 2020 is the year of the "it does not matter about reality" it's what is getting pumped and by who !

With thousands of people trying this game for the first time to try and make money there is unlimited fresh blood to fool on twitter with crazy ramps.

ponzi

[nw99] 01/6/2020 09:32

Opening up soon

[turbocharge] 01/6/2020 09:24

I must be one of the mugs (maybe not) who bought some last week...:)