Nightcap Share Discussion Threads

[bbmsionlypostafter mk2] 24/1/2024 16:40

Thanks to the shocking revelations of a whistleblower HERE we known that NightCap (NGHT) will be unable to pay its rent as it falls due on March 25 after a Christmas period where it missed budgets by a country mile. Natch Sarah Willingham is in breach of AIM Rules in not ‘fessing to this but could things be getting even worse? Yes.

[pugugly] 24/1/2024 16:27

Dud - Your short good call - Bonne année, bonne santé

[bbmsionlypostafter mk2] 22/1/2024 13:37

Letter to AIM Regulation: It must act against Nightcap NOW

Over the weekend I exposed some true bombshells about AIM listed Nightcap (NGHT) led by Dragon’s Den “star” Sarah Willingham. The company and its hapless adviser Nomad Allenby has yet to respond either via an RNS or directly to me. The whistleblower who is my source says they have more to come and so serious are the matters raised that silence is just not an option. I have written to the Oxymorons at AIM Regulation...

[pugugly] 20/1/2024 20:26

AS a non subscriber anyone know what he is revealing?
I start with why Malcolm is talking tosh on tobacco stocks and inflation and move onto Tata in Port Talbot. The bulk of the podcast covers my damning expose of NightCap (NGHT) which is the sort of journalism which really excites me and makes me think I'd never retire.

It is shocking and I explain what should happen next, for any Allenby employees listening!

[paleje] 09/11/2023 07:46

Maybe they were waiting for the lease transfer arrangements to complete as per today's RNS, the acquired group should contribute 3.9m ebitda based on last years accounts, which trading period was dampened by rail strikes. The strikes are now settled according to Mick Lynch yesterday, at least for 6 months and probably longer.

So. Accounts please. And we can see whether the current mcap is justified or not.

[ny boy] 06/11/2023 23:41

Not a sector for investment imo

[bbmsionlypostafter mk2] 06/11/2023 22:44

In 2022 Nightcap (NGHT) announced on 3 November that its full year results to July 2 would be published on 10 November and they were. A week’s notice was given. We are now on November 6th and there has been no announcement of when results will be out this year. Good news travels fast, bad news is delayed. So, what’s afoot, a source well acquainted with the company has contacted me...

[dudishes] 03/11/2023 16:42

Hope Tom's report to FSA not prompting NGHT to publish a positive statement, as short was due close at 5p, not there as yet?

[dudishes] 24/10/2023 16:49

Tom not exactly a fan, not surprising.

Shorted Nov last year (closed), seems the right time to short again.

cheers

[toxmonkey2] 01/2/2023 20:42

The company is not allowed to issue profit numbers until their interims, so the trading statement has to be based on revenue and comparative growth.

[bbmsionlypostafter mk2] 11/1/2023 15:30

There is today, finally, as I demanded, a trading statement from Nightcap (NGHT) the financially challenged bars chain of Sarah Willingham of Dragon’s Den “fame”. But it is hugely misleading, on an industrial scale, and the underlying position is grim, sales are falling and a cash crisis is looming. This is the pump before a bailout placing dump. Let me explain why an update described by the ghastly Willingham is not as she claims “positive”. Not at all.

[paleje] 11/1/2023 10:21

A 13m mcap seems unduly harsh.

Admittedly it's hospitality but not with the same customer profile or margins as the average pub, many of which are closing certain days and hours to reduce 'dead' periods when cost of opening is higher than the return.

[jaf111] 11/1/2023 07:20

Very impressive TU this morning esp in view of the train strikes… Has Mr Market got this one wrong??????

(Obviously NO leak with share price moving up nicely yesterday 🤔🤔🤔)

[paleje] 14/11/2022 23:55

First time I've seen a tip sheet look in here and not sure I agree with his conclusion, at least not short term, but they have grown fast in adverse conditions and at some point sentiment will turn imo.

[dudishes] 10/11/2022 14:41

The Gushing Sarah or Tom?

SP tells the story!

[bbmsionlypostafter mk2] 01/5/2022 11:02

Dragon’s Den star Sarah Willingham cannot contain her excitement as she gushes about “further positive trading” in a Q3 statement out today but she is a buy shy on the record cashburn and the looming cash crisis which means another bailout placing is imminent.

[nico115] 30/4/2022 14:18

I think Tom winnifreth likes nightcap now He likes co with cash And 7m is a lot of cash He will say strong buy soon no doubt