Brighton Pier Share Discussion Threads

[goldie40] 26/9/2022 09:54

most attractions foot fall was down in august due to the very hot weather

[bookbroker] 26/9/2022 09:24

Maybe, let’s face it the assets generate cash, just whether costs can be managed.

[thecroots] 26/9/2022 09:21

To be fair i did think they we would be up more than 1% on the trading statement. Only been in thse since the uodate a couple of months ago and knew theyd be a tuck away share anyway.

[thecroots] 26/9/2022 09:20

Blimey. Thats market over reation. Saying that, the stockmarket is very fragile...

[babbler] 26/9/2022 08:45

Pier haven't done a placing in so many years. A rare one from that perspective. Shame about today's fall but perhaps a little overdone... bad market.

[ijamlon] 26/9/2022 08:20

The disappointment for me is not the long-term outlook, which is anyone's guess, but that summer like-for-like revenues this year were only up 1% despite the better pricing environment they would have had from inflation and the very favourable weather and holidays. This seems to be a deteriorating trend versus comparables from the previous financial year.

[dancing piranha] 23/9/2022 16:44

Good luck for Monday guys!

I'm tempted to turn off my screens till next summer, regardless! lol

[thecroots] 21/9/2022 20:48

Ijamlon

Agreed. Has to more than read across as good.

Liquidity still bad but its a needs- must and not a lot we can do about that. A screaming buy and cant wait for results.

[ijamlon] 21/9/2022 09:56

Check out the very strong results of City Pub Group (beer, food and entertainment in South England). Revenues more than doubled. "Trading across the summer since the half year end has remained positive and following the Govt's announcement of the Energy Price Cap we anticipate that trading will remain resilient for the rest of the year"Strong read across for PIER, which has the added outdoors element benefiting from the very warm summer.

[ijamlon] 14/9/2022 12:30

My prediction will be of a record summer revenue with a strong margin. The weather and holiday conditions have been extremely favourable. Smart operators like PIER have raised prices where they need to or can while managing costs. Inflation has upside as well as downside. Numbers could be quite spectacular. My fear, however, is that the market won't care and we'll continue to languish as one of the cheapest stocks in the UK. With no dividend and no market liquidity, meaning no sizeable capital gain can ever be realised, the whole structure is a big uninvestable question mark which will have to be fixed sooner or later (e.g. acquisition, merger, MBO, dividend, buybacks, etc etc,). Otherwise PIER just remains a financial lobster trap.

[thecroots] 31/8/2022 21:16

Definite buy. Way too high for a sell and outside of the range for late reporting...

[dancing piranha] 31/8/2022 18:21

Anyone want to work out the 120,000 trade @ 8.20 this morning?

At 77.50p that has got to be a buy at a premium, surely??

[kirmich] 19/8/2022 11:47

the 5000 at 0,82 this morning are mine, couldnt resist

[ijamlon] 19/8/2022 11:01

You will be!

[dancing piranha] 18/8/2022 16:24

81.5p to buy, wish I was wealthier....

[ijamlon] 13/8/2022 20:19

Needless to say, the pier and immediate area are absolutely throbbing with visitors this weekend. I doubt there has ever been a more favourable trading environment than this.

[dancing piranha] 12/8/2022 15:44

Indeed, but it seems to struggle to break 90p at present.

We need a good volume day to do that, and if it doesn't happen this month, then I'm more than confident we'll be in 3 figures by the end of September!!

[z1co] 12/8/2022 15:39

Quite a few buys from 2.25pm.Share price is inching nicely towards 90p.

[ijamlon] 10/8/2022 22:43

26th September unless something happens before then ;)