Brighton Pier Share Discussion Threads

[thecroots] 25/7/2023 07:29

Think its fallen enough!. All 4 divisons still profitable. Damn strikes, damn weather, damn fire!!!

Surely at this price its takeover fodder....

[pugugly] 25/7/2023 07:07

Not surprised - No 2 on the fallers list - Much further to fall?

[thecroots] 25/7/2023 06:49

Darn it. Market not liking figures ...

[dartboard1] 24/7/2023 17:01

Would make more sense to give a trading update toward the end of summer.

[ijamlon] 24/7/2023 14:00

Last year we had a trading update on 26th July, I wonder if we'll get same again or whether the new reporting period has changed that?

[thecroots] 16/6/2023 02:11

To be fair though, they announced the same thing in their December 2021 AGM

[thecroots] 16/6/2023 02:00

Hi Ijamlon,

The share price has been sitting here at the late 50's for way too long. I have a large holding here and have these as a good tuck away share.

As mentioned earlier, with the decent, prolonged weather, the pier must be making very decent money.

I held SHOE for a couple of years, mainly buying from late 30's 40's and 50's but look what great affect it had on their share buyback programme!!

[davidosh] 13/6/2023 10:52

No comment on current trading though

[ijamlon] 13/6/2023 07:23

AGM yesterday approved authority for a share buyback of over £3 million of shares, 8.5% of the share capital, but more like 25% of what is available once you exclude all the big long-term holders. Depending on if and how it's used, it would have the potential to massively move the share price

[thecroots] 07/6/2023 07:29

Bookbroker

But the indoor golf places are cash cows. Low investment and 99% gross margins. If anything, they need more of them.

[interceptor2] 05/6/2023 10:36

I was in Brighton yesterday and can confirm the Pier and the whole area was very busy and it was the same last Tuesday and Wednesday when I was visiting relatives. The next trading update should be rather positive.

[thecroots] 30/5/2023 09:46

Agreed. Will be a bumper 3 or 4 weeks for them

[davidosh] 29/5/2023 19:03

Thecroots...It is also half term for the kids so that increases demand too.

[thecroots] 27/5/2023 19:09

With the dry weather for the last 2 weeks and the dry weather coming up, it must be a good spell for Brighton Pier and Light Valley.....

[ijamlon] 17/5/2023 09:02

Center Parcs up for sale for £5bln, will be interesting to see the market appetite for UK leisure assets.

[ijamlon] 04/5/2023 13:15

Totally agree. What I worry though is that they haven't nailed the metamorphosis yet. I will try to visit in the next few weeks and see what I make if it with an open mind.

[bookbroker] 04/5/2023 10:43

I read the reviews, some were awful, some indifferent and some positive. But it is clear that the place is in transition. Taking away many of the rides may have been ill-advisable, but many not suited to young children. People clearly unhappy about the pricing, but the majority off disgruntled customers seem to be wittering about what it was like in the past, like it or not times have changed there, so if you want thrill rides then it is the wrong place.

[bookbroker] 04/5/2023 10:36

They got their money back within 2021, could they sell the lease? The way forward is to persevere with the idea for pods, and try to exploit the rural setting.

[ijamlon] 04/5/2023 10:23

I must say the TripAdvisor feedback from families revisiting LV this season is absolutely dire. I get the idea for the new concept and I know there will always be whiners harking after the big rollercoasters, but what they have put in place does not seem to be a hit and so far attendance sounds extremely low. This is less than 20% of the overall business and it's early days, but I hope they have a plan B in the back pocket to stop it turning into a financial black hole. Big test for management here.

[bookbroker] 03/5/2023 12:30

Just being sarcastic, I hope the car park was at least half full!

[jm6783] 03/5/2023 12:19

Why ‘hopefully you could count the cars on one hand’?