Share Name Share Symbol Market Type Share ISIN Share Description
Reach4Entertain LSE:R4E London Ordinary Share GB00B1HLCW86 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.375p 1.25p 1.50p 1.375p 1.375p 1.375p 0 07:54:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 96.6 0.5 0.0 68.8 8.46

Reach4Entertain Share Discussion Threads

Showing 1776 to 1793 of 1800 messages
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DateSubjectAuthorDiscuss
20/7/2017
14:19
All these predictions of fund raising you think you would get it right one day. Even a broken clock is right once in the 24hrs. When it really mattered you got it wrong. You never seen the trak fund raising coming did you and you seemed happy with the management subscribing to most of the shares because there was no interest from instis. Your hypocrisy is breathtaking mickealmouse.
pglancy
20/7/2017
07:39
Naughty naughty. Raised £2m in October to develop the business and have now had to use more than £500,000 to pay down their debt. I anticipate further trouble ahead. https://uk.advfn.com/stock-market/london/reach4entertain-R4E/share-news/Reach4Entertainment-Enterprises-PLC-Proposed-placi/72751876 https://uk.advfn.com/stock-market/london/reach4entertain-R4E/share-news/Reach4Entertainment-Enterprises-PLC-Update-on-debt/75272011 "In addition, the Company has been able to repay its Cash Flow Term Debt facility with PNC of GBP553,081. Repayment was made from unutilised proceeds from the October 2016 share placing, which has not been required for investment into the Company's new initiatives as a result of these initiatives performing better than expected in 2017. The repayment will result in reduced interest costs in 2017. The monies used to repay the Cash Flow Term Debt facility are expected to be replaced over the course of the next 12 months from the cash flows of the subsidiary companies to provide further investment for the ongoing or new initiatives." "unutilized proceeds" indeed. LOL. So they didn't need the cash for investment but they hope to replace the cash over 12 months for further investment in the new initiatives. Eh? I smell the whiff of yet more fundraisings. Aimho of course.
michaelmouse
26/4/2017
13:19
"Our performance for 2017 has to date been in line with our expectations and we are enthusiastic about the growth prospects that our new initiatives will bring. Although these initiatives will inevitably increase the costs previously anticipated for 2017 (which did not factor for the costs of initiatives yet to launch)" "At the latest measurement date prior to these accounts being released, the covenants had been met, however, trading in 2016 was unusually weighted towards the first half of the year and 2017 is expected to return to the typical trading pattern of a stronger second half of the year.  This means that, on a 12 month rolling basis the Group may once again be affected by seasonality issues in the covenant measurement.  The Company and PNC are monitoring the position carefully, remain in close correspondence, and are working towards a solution.  The directors of the Company understand that PNC remains supportive of r4e, but that PNC cannot provide a waiver of a potential future breach as of the date of these accounts." Oh dear! Doesn't provide much comfort does it? LOL. A fatal combination of a bunch of luvvies allied alongside the PR talent of the LSE's answer to Laurel and Hardy. What could possibly go wrong? Aimho of course.
michaelmouse
26/4/2017
09:54
Endless fund raises, way too much debt
tsmith2
03/4/2017
16:02
Good luck with this one snape, you'll definitely need it! I can't say I'd be re-assured by a company that has fairly recently had a massive rescue bailout at 1p and is still breaching its banking covenants. In fact the RNS suggests it'll have broken it's covenants twice within the space of 12 months despite amending it's terms. Why would two rich shareholders make any difference to the company's prospects? Unless of course they bail them out again with a fundraise at let's say 0.5p or less this time round?
michaelmouse
03/4/2017
15:46
High risk, indeed. As it has been for a while. There are positives though. Trading is in line which re assures and they have two rich shareholders that together own > 50% of the company, who may come in handy.
snape
03/4/2017
15:35
I wonder how supportive PNC will be if trading deteriorates? Not one for the faint-hearted. ;)
michaelmouse
03/4/2017
15:13
https://uk.advfn.com/stock-market/london/reach4entertain-R4E/share-news/Reach4Entertainment-Enterprises-PLC-Banking-update/74246669 Oops 'ere we go! "However, notwithstanding the variation to the covenants in the Variation Agreement, trading in 2016 was unusually weighted towards the first half of the year and 2017 is expected to return to the typical trading pattern of a stronger second half of the year, the aggregation of which on a rolling 12-month basis may result in the new covenant tests being breached this year. The Company and PNC are monitoring the position carefully and remain in close correspondence, but the directors of the Company understand that PNC remains supportive of r4e." Seem to make a nasty habit of breaching their banking covenants don't they. LOL.
michaelmouse
02/3/2017
13:33
Oh dear, oh dear!! Good post BrianGeeee. Is it the smell of further profit warnings wafting towards us I wonder? Let's hope the banks remain understanding? Yikes. After all the recent dilutions, I expect another profit warning wouldn't go down well. Share price would surely tank below 1p? All AIMHO of course.
michaelmouse
01/3/2017
20:32
Effects of the strong $. I wonder if lower Broadway attendance means more or less marketing spend? I can guess! "Tourism activity has shown signs of continued softening, with Broadway theaters reporting sharp declines in attendance in January and especially February, and hotels generally reporting lower occupancy rates" Http://www.zerohedge.com/news/2017-03-01/feds-beige-book-notes-decline-optimism-about-outlook-sharp-drop-broadway-attendance
briangeeee
28/2/2017
14:59
It's also re-assuring to know that as recently as December 2016, R4E breached its banking covenants. Still not to worry. They've appointed Michael Grade as a NED. A nice pair of safe hands to help guide progress? Hopefully, not in the same way as his brief tenure as CEO at ITV between 2007 and 2009 where the company's shares fell to their lowest point in the last 10 years.
michaelmouse
28/2/2017
14:23
A cracking bunch of Directors here then:- hTTp://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/R4E/12863770.html hTTp://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/R4E/13142032.html The company is clearly safe in their hands. LOL. r4e - reachforthesellbutton.
michaelmouse
09/2/2017
16:44
Big jump today - bit delayed after the bullish trading update. Volume very strong - wonder if it is Gate Ventures buying more. If so expect a RNS tomorrow? Anyway interesting to see if it continues. Maybe at last showing its true potential. Think this share is my longest holding after many years of averaging down I could make something out of this.
ironstorm
02/1/2017
11:06
Breached banking covenants!!! Ha ha ha!!!
rwauu
15/11/2016
09:58
Increasing their stake....http://uk.advfn.com/stock-market/london/reach4entertain-R4E/share-news/Reach4Entertainment-Enterprises-PLC-Holdings-in-Co/72916212
mortimer7
08/11/2016
16:17
arthur - "I am a follower not a leader" "after a 15 year career in the city" Explains a lot ;)
michaelmouse
08/11/2016
15:46
arthur - Just for the record, don't try and be clever telling everyone you made 22% in a week. It suggests that this is a regular occurrence. The mathematics tells us why these boasts are laughable. If you could reproduce this over a year by compounding then a initial £1000 stake would be worth nearly £31m by year end. The truth is that most short term traders might make 22% one week and then lose 20% etc the next and so on. The stats say 90% of short term traders lose money. However, I except that those who post on ADVFN are all winners and are all billionaires ;).
michaelmouse
08/11/2016
13:56
arthur - "well mickeymouse, I chse to ignore you and have sold half of the ones I bought for a 22% turn in a week" "I am a follower not a leader" Really? I started commenting on these when they had spiked to 2.5p/2.8p? If you're a follower then you would have been buying at 4.75p as originally advised? hTTp://www.shareprophets.com/views/5874/shareprophets-tip-of-the-week-r4e-at-475p Strangely I've never met a short term trader that has made a bad trade ;)
michaelmouse
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