Not looking here, no bounce at all, statement from company required. |
Surely this is ripe for a takeover bid? there's a lot of assets here compared to market cap...
some of the single divisions were bought for way higher than the market cap |
Thing is being mispriced becomes a self-fulfilling prophecy. I have given the company the benefit of the doubt for three years, persistently disappoints. Twenty per cent fall on no news is very perturbing, no smoke without fire and all that. MMs know do
ething or a rumour has emerged about the company as a going concern. |
I'm in NZ at moment so a bit behind here.
crazy drop which I'm assuming is just being mispriced with the rest if the market.
bookbroker, the sub structure is in decent nick. the last major survey (done every 5 years) was fine and next one is due 2028 as per results last year.
crazy times |
Wouldn’t be surprised if health and safety demanding the closure of Brighton Pier, rusty old set-up battered by the elements! |
Luke Johnson... love the comment
Nonetheless, I am surprised that with only 40k of shares changing hands that a 22% price drop is justified? I have foolishly speculated at 23.5p this afternoon. Let's see if I can counter the Luke-Johnson-albatross-effect? |
Market cap 8m |
Problem here is that they have limited room for manoevre, LA is closed in the winter months, the bars need closing asap and the golf is the only thing doing, can’t see the Pier itself being much of an asset. Sell the wretched thing before they have the cost of upkeep, LW. needs investment, two costly establishments to maintain, if not careful they will in breach off covenants. A poor deal!! |
PS - other the keeping Mr Croots' chin up, hard to see much value add from their PR company either! |
Management have not had anything interesting to say for a long time. Hoping the British weather improves is not an awe-inspiring strategy. I used to really rate Anne Ackord, but I have to say I am losing confidence. |
I'm half expecting a RNS later today or first thing tomorrow. |
26.5p. This thing is in freefall |
I’d like to see the Poer itself sold, I know it is the most cash generative part of the business, but LW would benefit tremendously from the investment. |
I'd like to see a director purchase or two at this level.
ALbeit, we have fallen on extremely low volume |
If we have good weather this year during the summer months, this will be ok. Starting to get tempted but want to see their current debt position first.
How was the cashflow during the latter (better) period of the busy period?
If you have a direct link to management, why not suggest to start a small buyback program, even a 500.000 program would do miracles. |
Agreed - crazy fall in the shares. I hope you are right about the an imminent recovery |
yeah not ideal but it's the sector as a whole. I've had conversations with their PR company and they share our frustrations with the share price and are confident it will correct in time. theres literally no volume in share trading so I wouldn't read too much into the low price right now in my opinion
it's crazy that this was 120p in 2021 or 2022 |
Touching Covid lows now. |
Last year Newbury Racecourse started a Winter Carnival, but they lost about £1m in the process. They also spent a fortune putting a base in the centre of the racecourse which was not accounted for in those operating losses.
Your right it's all about location but these events are pretty high risk unless your in Hyde Park just look at NR. |
Haha... need him down at the pier |
Prices were insane at WW.
I witnessed a Japanese looking guy spending £280 on one of the carnival games and not winning anything. I walked away after £280 so he probably spent even more! |
and we have a famous landmark so lets use it go up market instead of down |
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