Brighton Pier Share Discussion Threads

[ijamlon] 20/11/2023 20:28

Another missing piece is making this stock investable for slightly larger investors. The current liquidity with its tiny market cap and most of those shares locked away, has left it a very retail affair. Most days it's a few hundred quids worth traded here and there. There's nothing wrong with us retail investors, but we'll never be able to give it a proper re-rating.

[dartboard1] 19/11/2023 21:45

Got to look forward. Unlikely to have rail strikes for the next 3 years (especially if our mate kier gets in). Invest accordingly

[dartboard1] 19/11/2023 21:43

Surely these are all good items you bring up. Net debt has reduced from 13m in 21 to 7m in 22 to 4m in 22. The 3m loss is impairment of 2.9m so not cash. And cash flow statement looks great, hence the reduction in net debt. Not sure what you point is.

[pugugly] 19/11/2023 20:35

Group loss on ordinary activities after tax was GBP(3.6) million (2022: profit of GBP0.4 million).

-- Net debt at the end of the period: GBP4.7 million (25 Dec 2022: GBP7.1 million)

In order to meet broker targets (imo) will have to have a significant increase in 2nd half turnover and cost stability = IMO unlikely given weather, rail strikes, and general tightening of domestic budgets.

[bookbroker] 19/11/2023 19:04

The valuation should be around £20mln, the Pier itself is worth that without the other three divisions.

[bookbroker] 19/11/2023 18:54

This is a steal at these prices, they should sell the bars division, focus on family entertainment!

[montyhedge] 06/11/2023 14:40

They could charge £1 easily, but give a voucher for £2 off food or rides.The dosh would roll in.

[dartboard1] 01/11/2023 20:28

Yeah. Looks like some happy visitors... bringing in some cash late in the year...

[thecroots] 23/10/2023 21:08

Agreed - its like £24 to park for four hours anyway on Marine drive. Or was!

[montyhedge] 23/10/2023 10:26

Ok only allowed dog walkers on the pier for the winter Oct to March when it's virtually empty.

[bookbroker] 20/10/2023 13:16

Should be a quid, some people fail to realise that this company is responsible for maintaining the structure and safety of this site. Where do you go nowadays for nowt, Bolton Abbey charge £15 to park your car, may be private land but you can park for free if you where and walk the River Wharfe. But they do that because the paths need maintaining, no different to Brighton Pier.

[thecroots] 20/10/2023 12:57

I agree - they should charge admission.

Blimey, i went blackpool last year(not sure why) and the free admisson at Blackpool please beach is no longer. Its like £15 or so just to enter.

50p or a £1 would suffice

[dartboard1] 18/10/2023 14:54

I'm sure they've looked at it. It could be that it would cause badwill among patrons or discourage families with 4 or 5 together... they'll just look at it and go nah we can go to a bar on the beach side ...

[montyhedge] 18/10/2023 13:20

They should allow dogs on the Pier, more people. Worthing allows dogs and always busy with dog walkers.We have a dog, so don't go on Brighton Pier, opportunity loss for this company.

[thecroots] 10/10/2023 19:52

September was already reported as a good month for the Pier itself - with the record warm weather in October that has to be good for the Pier surely?

[thecroots] 25/9/2023 20:26

I think they should start the share buyback or at least have some of the directors make a share purchase.

This train strike will make it all good. The weather and fire cannot be helped but this damn train strike MUST be sorted soon. Its killing so many businesses...

Agreed, its ridicuously cheap.

Certainly not going bust - its a cash rich business - especially the golf (Gross profit of 99%)