||EPS - Basic
||Market Cap (m)
Reach4Entertain Share Discussion Threads
Showing 1776 to 1793 of 1800 messages
|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?|
|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.|
|I wonder how supportive PNC will be if trading deteriorates?
Not one for the faint-hearted. ;)|
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.
|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.|
|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"
|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.|
|A cracking bunch of Directors here then:-
The company is clearly safe in their hands. LOL.
r4e - reachforthesellbutton.|
|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.|
|Breached banking covenants!!! Ha ha ha!!!|
|Increasing their stake....http://uk.advfn.com/stock-market/london/reach4entertain-R4E/share-news/Reach4Entertainment-Enterprises-PLC-Holdings-in-Co/72916212|
|arthur - "I am a follower not a leader"
"after a 15 year career in the city"
Explains a lot ;)|
|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 ;).|
|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?
Strangely I've never met a short term trader that has made a bad trade ;)|
|many thanks elrico.
So he's another clueless small time punter with no clue...I think I will short R4E and back him rather than Nigel Wray who owns 26% and backed the raising...in topsy turvy world that would appear to be the right thing to do.|
|Apologies for off topic, but you should be aware! Anyone tempted to go to the self promoting bmichaelmouse - serial basher.
Here's what you won't learn from his guru skills.
Interesting spin, especially the topic of the share price. Remind us of your two darling "growth" investments on a 12 month view.
Avanti; THE FRAUD! 250p now 24.5p - by his own admission he bought at 170p and 120p and advised buying at 48,p. If you were brave, being his caveats.
Another of his growth stocks
Trakm8: The cash guzzler and creative accounting magician 360p now 153p. But to be fair, you got a maiden 2p divi. Shame it can't afford it. Isn't that the same trick a number of Chinese frauds use to sucker investors in!
But his favourite part-time is bashing TW related stock. Revenge for short advice on some of michaelmouse shares.|
|Michaelmouse, what is it you particularly do not like about this company?
Post after post, all negative, but not sure why?
This company appears to have a low mkt cap for a company that grew revs by 15% and pbt by 55%. Yes they have said that the second half will be more challenging, purely because there will be fewer shows launched, after a stellar H1.
The fact that the placing was done at a sensible level (rather than the huge discounts I have seen in aim-world of late), and finally, I always try and follow smart people.
Nigel Wray is a serial entrepreneur, and has been since the 1980's...I fancy if he is happy to back the management and back the business with his own cash, then it's good enough for me.
Clearly Michael you think you know better, so would love to know why???|
LOL. "The lady doth protest too much, methinks"
From the article above:-
"I just feel furious and dirty."
We all know you're just "dirty" Tom.
"There's a rat in mi kitchen what am I gonna do?
There's a rat in mi kitchen what am I gonna go?
I'm gonna fix that rat thats what I'm gonna do,
I'm gonna fix that rat."
All imho of course. All innocent mistakes from the virtuous Tom I'm sure.|