Reach4entertainment Ente... Share Discussion Threads

[imjustdandy] 18/2/2020 11:24

back to having £2.75m cash at bank in hand. £13m Mkt cap far too cheap. Back to 4p fair value

[look alive] 18/2/2020 10:21

This looks very undervalued.

[fillipe] 18/2/2020 08:52

Brilliant update - great to see the extent of the turnaround there.

I'm lookimg forward to reading whatever the tip-sheets have to say about this new-look business.

f

[ironstorm] 18/2/2020 08:15

Well lots going on in that update very pleasing. And it looks like lots going on for the forthcoming year.

Might well have two good years on the bounce.

Cash position sounds incredibly positive after the dire years. Might have to get this one out of the bottom drawer.

[ironstorm] 28/11/2019 16:33

Feels like someone knows something . . . .

or at least thinks they do ;-)

[look alive] 28/11/2019 14:59

Buyers paying 1p today

[ironstorm] 21/11/2019 20:32

On the back of the last update I would expect that to be positive. If so perhaps the start of a more normal rating.

[look alive] 21/11/2019 14:39

Still seem to be large unsatisfied buyers around. Brokers expect a trading update in early December.

[look alive] 11/11/2019 17:40

Buyers around today.

[ironstorm] 03/10/2019 08:46

Encouraging set of results with no murmur from the market / BBs.

Operationally seems to be buzzing. Looks like it is on the cusp and the best performance for a long while. Sales growth was great. Ebitda up a fair bit too.

New CEO definitely having a positive impact.

[ironstorm] 22/5/2019 08:05

Ramas it should be much more than it is. You are right to be cautious.

However margins have been perennially low. Even in the good years the extra revenues seems to disappear in wages.

However historically they always produced £2m a year in cash. That should be higher now with the acquisitions / additional geographic spread / work from companies linked to CEO. And debts are far more under control than historically. If just A small bit of the above flows down to increased margins then this is very cheap.

[ramas] 22/5/2019 07:44

I've a bit of fun money here but r4e feels like smoke and mirrors to me and as a humble pis am I just the mushroom, anyone care to try and convince me otherwise ?

[ironstorm] 09/5/2019 18:54

‘‘Twas ever thUs TBH.

It has been vastly diluted over the years. May need more cash if it continues its current path.

Been waiting for this to shoot up. It could easily happen and I might get my money back.

Think at this price it’s 50:50.

[pj 1] 09/5/2019 18:17

According to prochart this hit 36p in 2011. Off course the main question is how much dilution has there been since then? Plus the risk as stated above, that growth is only supported by related party's. It still does not feel right to me.

[ironstorm] 09/5/2019 17:03

You have pretty much summed it up. Lost money continuously - over-leveraged to buy Dewynters etc - but always posted a good story.

Now the business looks nothing like it has done even a few years ago.

Some good brands, should be capable of making more margin than it does. Staff seem to benefit most up to know.

The guy in charge now seems to be having the best go of it and is passing it work from his other businesses. That should help.

[nick rubens] 09/5/2019 13:05

Does anyone recall this company going back around 12 years when it was trading at around 100p.

Was it profitable?

Anyone know the long term history as it's been listed for at least 20 odd years and seemingly delivered nothing for shareholders during all that time?

[leeroy jenkins] 23/4/2019 16:12

View Reach4entertainment's talk at The Global Group UK Investor Show:

[newtothisgame3] 20/4/2019 15:38

VIDEO #Reach4Entertainment Plc

[leeroy jenkins] 16/4/2019 17:25

!FOLLOWFEED
Watch Reach4Entertainment's presentation from The Global Group UK Investor Show here:

[davidosh] 22/2/2019 17:55

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...

[look alive] 22/2/2019 12:06

These are pretty tightly held with the three largest shareholders having 50%.

[fillipe] 22/2/2019 11:04

There's a strong buy note out on R4E from Dowgate today, following the Acquisition of "Sold Out" and Placing.

Tp of 2.4p although there are feelings this may be too low.

f

[ramas] 21/2/2019 20:10

Going nowhere till that seller has finished offloading

[ramas] 13/2/2019 17:02

Plenty of stock to tuck into today bernie

[bernieboy] 05/2/2019 11:10

Nice tick up. Obviously not a lot of stock around. Really hard to buy in volume....