Hollywood Bowl Share Discussion Threads

[cpap man] 18/5/2020 10:40

KRS KRS looking really good now - also love the KRS chart

[davebowler] 06/5/2020 09:27

XAR -Xaar looks promising at 40% below NAV having had a clearout of old management with new blood at the top.3D printing provides an interesting future angle.

[adamb1978] 04/5/2020 14:42

Had these on the watch list for a while, and cam close to adding but thankfully removed my limit order this morning before the market opened. I think they'll get back to c.300p on a 2-3 year basis, but share price falling sharply today given teh rumoured government non-opening plans. Think this could get a good bit cheaper, but might be worth adding at some point as its a market leader and I dont believe bowling will go away

[cassini] 24/4/2020 22:55

Morrisons MRW, albeit with some wild noise spikes. Not a deep bowl thiough, not much trading potential.

[norbert colon] 24/4/2020 20:49

RPS bowl back up to 100p level. Interesting chart from 12th March 2020 to-date re: share price drop and recovery.

[investorschampion] 20/4/2020 12:36

Hollywood Bowl: much needed fund raise. At 31 March 2020, the Company had approximately £15.6m of cash and £30.25m of debt drawn from its £35m facility, to support a net monthly cash burn of £1.6m. To provide more headroom it has raised £10.9m at 145 pence per share, a small premium to the closing price the day before. Read more in our daily update on the impact of the coronavirus on BOWL and other stocks we follow here: hxxps://www.investorschampion.com/channel/blog/coronavirus-impact-17-april-red-flag-rating-hits-new-high

[matt123d] 25/3/2020 20:55

Trimmed some more today. Will hold the rest through any pull in provided it's not too deep.

[matt123d] 19/3/2020 17:18

Someone's out at 100p and someone's in.

[matt123d] 18/3/2020 21:53

Decent gain so trimmed a few today. Holding the rest for a move to 120p.

[mach100] 17/3/2020 22:09

Fairly negative to me if admittedly expected. Why put it out after hours if expected though? The uncertainty of how long they are closed for will be pretty damaging I'd say. That said it is an excellent company and a good business outwith these sel-isolating times and I would like to buy in after a fall if that is the case tomorrow.If it falls again I would think it is well worth a punt.

[matt123d] 17/3/2020 21:54

It's obvious they were going to close hence the two day fall from 180p to 71p, they've just put it in writing now.

[alan@bj] 17/3/2020 20:16

The RNS wasn’t really negative, was it? What did you expect?

[alan@bj] 17/3/2020 20:16

The RNS wasn’t really negative, was it? What did you expect?

[mach100] 17/3/2020 19:47

Sneaking out an after hours RNS never goes down well. Will the share price be skittled tomorrow? Or is the bad news in the price?

[clarea] 17/3/2020 19:01

From memory net debt was only 2.9 mil as of Sept last year, hopefully they will qualify for this goverment aid package interesting that Ten Entertainment has held up better than Bowl even though Bowl has full listing and fairly decent balance sheet. They can also cancel the dividend short term if needed to help stem cash outflow.

[rolo7] 17/3/2020 17:22

yep 1.5m is paid each you but the whole 27million bank loan need paying back in 2021!?

[alan@bj] 17/3/2020 16:51

Hollywood Bowl Group plc, ("Hollywood Bowl" or the "Group"), the UK's market leading ten-pin bowling operator, today provides an update in response to COVID-19. The Group has traded well in the five months to 29 February 2020, with like for like sales growth of 9.0% and Group revenue increase of 12.5%. At this time, the Group's centres continue to operate, however, with trading in recent days affected by COVID-19 and reflecting the rapidly changing circumstances and guidance, the business is preparing for a potential temporary closure. Appropriate measures have been put in place to reduce the impact on the Group, including cost reduction and capital expenditure projects. Our priority remains the health and wellbeing of our team members and customers and we are continuing to ensure we have the appropriate measures and precautions in place for their safety. While the full implications of COVID-19 on the financial performance for the year ending 30 September 2020 are difficult to determine at this stage, the Board remains confident in the Group's prospects over the long term.

[alan@bj] 17/3/2020 16:41

Had a look at the debt the other day. From memory net debt was about £2m. Gross debt (bank loan mainly) £27m, of which £1.5m due to be repaid this year.

[rolo7] 17/3/2020 15:22

Got a debt to pay in 2021?

[johndoe23] 17/3/2020 12:32

You're brave!! Could work out well long term...

[matt123d] 17/3/2020 12:28

Could go to zero but I've taken a small gamble at 76p!

[imranawan] 17/3/2020 12:27

We are about to find out.

[johndoe23] 17/3/2020 12:08

Wow. Can it get any lower?!

[mach100] 16/3/2020 20:30

Trading statement on April 10th last year Tricky but I suspect they will be forced into an update sooner. Up to 12 weeks of self isolation is a hammer blow. I exited today taking a loss at 140p as I think Bowl is holed. 1 strike and I am out.