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R4E Reach4entertainment Enterprises Plc

0.225
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Reach4entertainment Ente... Investors - R4E

Reach4entertainment Ente... Investors - R4E

Share Name Share Symbol Market Stock Type
Reach4entertainment Enterprises Plc R4E London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.225 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.225
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Top Posts
Posted at 23/4/2019 16:12 by leeroy jenkins
View Reach4entertainment's talk at The Global Group UK Investor Show:
Posted at 16/4/2019 17:25 by leeroy jenkins
!FOLLOWFEED
Watch Reach4Entertainment's presentation from The Global Group UK Investor Show here:
Posted at 22/2/2019 17:55 by davidosh
I am fairly hopeful of getting this now much larger company to Mello for a presentation at the Mello2019 event on Thursday 16th or Friday 17th May



I have offered them two presentations so one in the morning and one afternoon. Our investors are always keen to meet companies that look to be turning things round following key changes in management.

More info and tickets here...
Posted at 05/12/2017 15:52 by michaelmouse
IronStorm - LOL.



"As a result, the Directors anticipate that EBITDA for the 12 months to 31 December 2017 will be below market expectations."

I'm sure they are now trading in line since expectations were considerably revised down, and results will be awful.

"new CEO taking a stake in excess of 11% spending his own money (tho of course there are some of those share options)"

As I said the absence of any new investors meant he probably had no choice.

"probable strategic relationship with Miroma."

Gosh how exciting! A probable strategic relationship. Wow! ;)

As I said before, investors should be glad that the current investors stumped up to save their own skins otherwise the company would have gone belly up.

If you think this is "the best news for sometime" then best of luck.

As ever aimho, but bargepole stuff PIs beware.
Posted at 04/12/2017 16:33 by michaelmouse
Well the good news is they've got a placing away at 1.5p.

The bad news is that, as I predicted in my previous post, it is indeed current investors who have had to stump up. Basically attempting to prop up their existing holdings. Hence the discount is pretty reasonable. £5.5m raised at 1.5p and the dilution is 37.35% of the enlarged share capital.

Imo this is a bargepole stock for PIs, it lurches from one year to the next continuously diluting investors with capital raisings. Imv the existing large shareholders are throwing good money after bad to keep it afloat. Clearly if they hadn't stumped up the company would have gone belly up.

Beware that the major shareholders now control 71% of the company and I'm not sure why it's even listed since it's the same old names putting up the cash? No new faces on board but that's not a surprise!

Not one for PIs, it should delist now imv.

Anyway, on a plus it's survived until the next fund raise.
Posted at 30/11/2017 08:14 by michaelmouse
Yep. Current investors will all have to stump up. PIs need to leave them to it imo. Bargepole stuff for PIs.
Posted at 30/11/2017 07:32 by michaelmouse
Whatever the outcome this company should now be avoided at all costs imo. The last two RNS statements which are hugely significant for shareholders have been buried post 5pm. Last night's takes the biscuit. Do they really think nobody's going to notice the trouble they're in by releasing news when they think nobody's watching?

I do hope nobody still holds and that investors weren't sucked in by the usual shameless suspects trying to "pimp" up the company on behalf of their mates. Disgusting.

Aimho of course.
Posted at 28/10/2016 10:55 by elrico
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.
Posted at 26/10/2016 16:43 by michaelmouse
Incidentally, ADVFN released their results 21 October.



"On 19th May 2016 an agreement was reached to dispose of the business Investor Events Limited and was completed 30 September 2016. The proceeds of the disposal amounted to £40,000 and exceeded the book value of other related net assets and accordingly no impairment losses have been recognised."

It appears those 'investor shows' have been "binned-off" for the princely sum of £40,000. LOL.

I think it's called putting a safe distance between the company and "so-called" investor shows.
Posted at 22/1/2016 07:31 by michaelmouse
BrianGeee - With respect, I not interested in reading research by allenbycapital. Surely R4E are a client of allenbycapital and the research is hardly going to be negative is it?

All I need to know is that in the interims the company was loss making, gross margins are poor, cash flow is poor and they have literally nothing in the way of tangible assets. They've had to make a massively dilutive placing to pay off some debt at 1p per share.

I will watch out for the final results with interest, but unless margins, and cashflow improve drastically then this is a company I'd avoid at all costs.

A company like this is too susceptible to economic shocks. It's worthless really unless it can throw off mountains of cash, and grows strongly. It's not doing that, and I doubt that it will in the near future.

What exactly are investors buying here? It doesn't pay dividends, it isn't growing strongly, and it has virtually zero tangible assets.

I'll leave you will this quote:-

"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."

Warren Buffett

Good luck though.

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