Brighton Pier Share Discussion Threads

[thecroots] 04/1/2024 15:00

Looking like it's going to do what the share price done at beginning of 2021 from the same 34p base. It went to 115p then....
Click on the 7 year chart and you will see what I mean

[ijamlon] 04/1/2024 13:18

Well done Brighton Pier investors, patience and nerve pays! You have now made a gain of roughly 100% in just 1 month!

[thecroots] 04/1/2024 11:52

Yes be a lot quicker to set up

[bookbroker] 04/1/2024 11:42

That is better!

[davidosh] 04/1/2024 11:31

Not planning lodges any more it seems. They are opting for 31 glamping pods according to the Yorkshire Post today

[goldie40] 04/1/2024 08:54

looks like a bid is on the way

[davidosh] 03/1/2024 14:22

Agreed.... so the more spend directed to the high margin activities the better. I think the pier will have a lot of concessions so not every pound spent on the pier will be revenue to BP...probably less than half but they do gain from the concession fees which are stable income

[thecroots] 03/1/2024 13:13

Good point.

Like a 2 for 1 on golf. Golf has a GP on 99%

[davidosh] 02/1/2024 18:29

I think they should offer the Annual pass holders additional big discount benefits to try out the other leisure facilities and parks within the group. That creates synergies of having a larger group as many visitors going to the BP will not know about the other venues.

[thecroots] 02/1/2024 12:27

I think 95 for an adult and 70 for a child is fair value for 12 months unlimited use. I asked about charging entry and they said other piers have tried it and failed and reverted back to free admission. Its also a lot of hassle for fire regulations as well having turn stiles

[bookbroker] 02/1/2024 03:41

Why so much, more people would sign up if £50, and likely return more often generating ancillary spend. As I have stated before, a small charge to enter the pier would likely generate millions of pounds in the year, straight to the bottom line. If they could incorporate the other attractions, even better, but geographically the spread too wide throughout the U.K.

[thecroots] 02/1/2024 01:14

That is interesting...

[dartboard1] 29/12/2023 19:51

The PIER introducing an annual ride pass in 2024. 95 pounds a pass. Interesting to see if it drives more sales in H1 as people look to lock it in for the whole year. Also, the more they return for the rides the more ancillary income. Great idea I think.

[thecroots] 29/12/2023 10:01

Blimey. People paying 55p now when touch price is 52p

[thecroots] 28/12/2023 13:03

Its still perky here...

[dartboard1] 21/12/2023 23:06

I think the directors have bigger growth plans than selling it for 60p.

[thecroots] 21/12/2023 18:38

Yeah, even i think i would vote against a takeover at say a 30% premium of todays price

[ijamlon] 20/12/2023 05:55

When thinking of a takeover it is always worth remembering the Chairman and 27% shareholder injected significant capital at a share price of £1.

[thecroots] 19/12/2023 11:49

It is pleasing to see this rise. Was due a re-rating as it was incredibly low.

TBH, i always thought that when the share price was low it was a prime target for a private Equity takeover. It happened before.

I certianly think the RMT resolution for the trains has helped. Along with business rate discount continuing (For pubs and indoor golf places)

[ijamlon] 19/12/2023 09:59

PIER was due a re-rating. The giveaway valuation for their assets alone would have justified it. Further help came from falling interest rates, tax breaks and the train route reboot. Nevertheless, a rise of 70% over 2 weeks makes me wonder if someone knows something. Can anyone tell me what kind of volumes we've seen over this 2 week period? Is there real money behind it?

[thecroots] 12/12/2023 21:07

PIER has risen from 30th November. The same time the RMT union agreed the pay deal. If its related to that , then hopefully when ASLEF strike a deal we may see another rise...

[thecroots] 12/12/2023 18:42

isn't it just.....

[thecroots] 08/12/2023 22:42

Its crazy low valuation - but its nice to see it coming back.

I would have thought that a Private equity firm would have made a bid for this cash cow by now....

Not many firms can boast a Gross profit margin of 99%.!! (Golf division)