Escape Hunt Share Discussion Threads

[red army] 10/11/2021 18:18

This will fall below 30p as the raising price - it always does.

[markstevenkirby80] 10/11/2021 17:39

I took the offer ,bully for me :)

[markstevenkirby80] 10/11/2021 07:34

Who's taking up the offer

[markstevenkirby80] 06/11/2021 21:32

Looking forward to 2022

[markstevenkirby80] 04/11/2021 09:45

Crazy but I will hold strong

[playful] 04/11/2021 09:00

Broker note..

Escape Hunt (EH) to be renamed XP Factory (XP) has announced the proposed acquisition of Boom Battle Bar (Boom) from MFT Capital, subject to shareholder approval at a general meeting to be held on 22 November 2021 and will become a leading player in the UK’s fast-growing experiential leisure market. It will combine a nascent competitive socialising bar concept, Boom (6 sites) with EH’s escape rooms (15 UK sites). Key attractions of the deal is the advanced pipeline of 21 new sites and using MFT’s site-finding acumen to underpin growth and plans to co-locate the two concepts such as at Lakeside. With the weak retail property market backdrop, XP can treble the UK portfolio of units from the current 21 in a capital-efficient way with landlord contributions. The transaction is expected to be significantly earnings accretive and lead XP to be profitable in H1 2022. We forecast the group will generate c.£43m of annualised revenue and c.£9m of annualised pre-IFRS 16 adj. EBITDA in 2023. HOUSE STOCK

Potential to more than double in value if rollouts executed according to plan – Our investment case is that the value of the enlarged group will more than double by executing the forecast site-opening, leading to a 2023 run-rate of c.£43m of revenue and c.£9m of pre-IFRS adj. EBITDA. As already highlighted, these are both predicated on revenues and EBITDA margins in each of the units across the two formats being static over the three years. While there is more history for Escape Hunt to support our view that our revenue forecasts will prove conservative, there is more limited data for Boom, given the periods in which trading has been impacted by the imposition of various lockdowns since the first two sites opened last year. However, we are most encouraged that trading since the re-opening on 17 May 2021 has been ahead of management expectation, which we consider does provide some evidence that the £1.6m annual revenues per site which we are forecasting could prove very conservative when averaged across the estate.

[markstevenkirby80] 04/11/2021 08:02

Just hold tight

[czar] 03/11/2021 17:39

I love it, target price £1 a share by end Q1.

[markstevenkirby80] 03/11/2021 17:32

In a good way

[bertiebingo] 03/11/2021 17:26

Suddenly things got a lot more complex

[playful] 03/11/2021 17:04

I like it too

[markstevenkirby80] 02/11/2021 11:10

Hello again blue

[markstevenkirby80] 01/11/2021 15:31

It's a great film

[playful] 29/10/2021 18:15

Reference to Great expectations

[markstevenkirby80] 29/10/2021 16:02

You ok blue

[professor x] 28/10/2021 10:50

Who is pip Playful?

[playful] 26/10/2021 21:32

If only pip was our CEO!

One day someone will sort things out here.

Amazing potential but change is required to reach our potential.

[markstevenkirby80] 13/10/2021 13:22

Great expectations

[markstevenkirby80] 13/10/2021 12:59

I definitely think they will make expectations