Reach4entertainment Ente... Share Discussion Threads

[newtoaim] 06/8/2020 14:23

Looks like a trap Be careful

[look alive] 06/8/2020 14:14

Matthew Freud runs a substantial PR business.Maybe he plans to block the delisting

[jambam] 06/8/2020 13:52

and there's the bounce.

[mally6] 06/8/2020 08:12

Someone bought 15% of the company interesting

[jambam] 05/8/2020 20:11

there will be one more bounce before the AGM.

[davidbrentsflipflop] 05/8/2020 20:04

you must be proud to have metaphorically swallowed all the company gave you

[lionheart79] 05/8/2020 17:28

I have lost 99.6% of my investment here LoooooooooooolOnly thing its useful for is to offset capital gains this year. Question is whether to pull the plug now and waste trading commission or wait for administration.

[jambam] 04/8/2020 15:33

even if the cancel trading, there is 12mn net cash...current mc is 2mn..hmm

[ironstorm] 24/6/2020 11:08

Well as regards here, its a shame really as they were cooking on gas.

It is a punt - but they have a much stronger balance sheet and will survive. Some of their smaller businesses should be getting back to business and New York as you say.

I am hoping theatres will open again this August.

[jpsmithson] 24/6/2020 10:40

Ironstorm I see Broadway has Sept 6th pencilled in as possible reopening.

It has worked out well to be "too early" when buying certain shares that have been battered down. I was too early on FUL and EMAN but they are starting to move up now. One of them may not recover eventually of course so I am spreading the risk.

I am on the look out for viable businesses that have yet to recover ground. TMO looks another.

[jestercat2] 24/6/2020 10:38

OK - big movements here today presumably based on yesterday's lockdown easing announcements. Or is there something else I'm missing?

[ironstorm] 23/6/2020 13:53

Was not helped last week with one impressario saying theatres not opening till next year and actors etc laid off.

Might take longer methinks. Though it might still be cheap.

[jpsmithson] 23/6/2020 13:08

This one has a long way to recover in comparison with most other previously battered down stocks.

[ironstorm] 01/6/2020 13:19

its a fair point - and not too far off i reckon.

[jestercat2] 01/6/2020 13:16

As soon as there's any inkling of Broadway or the West End reopening - these will fly.

[dudishes] 19/3/2020 16:12

Tom doesn't believe in EBITDA, yet he is a shareholder, maybe remains a fan of Nigel Wray, despite the Saracens 4yr fiddle?

They do lie at times, don't they.

[ironstorm] 22/2/2020 08:35

I suspect they will smash this years forecasts. The momentum in the business looks fabulous. I might just get my money back here. This year?

[look alive] 21/2/2020 16:11

Tipped in Share Prophets

[imjustdandy] 21/2/2020 13:56

Forecast cash was £1.1m and they have £2.75m cash in bank - boom


• Forecasts. We raise our PBT/EPS forecasts by +27% to £1.9m/0.10p (was £1.5m/0.08p) for FY19 and +5% to £2.3m/0.11p (was £2.2m/0.11p) for 2020. We view our 2020E estimates as highly conservative given the strong momentum across R4E.
• Balance sheet. The group finished the period with net cash of £2.75m, comfortably ahead of our previous forecast of £1.1m.

[imjustdandy] 21/2/2020 13:54

We note that the strong FY19 update follows on from a very robust set of interims that were also well ahead of our forecasts. We believe R4E has very strong momentum as it continues to expand into the broader area of live entertainment and in our view the shares offer compelling value. We retain our Buy rating and target price of 2.40p.

[imjustdandy] 21/2/2020 13:52

Broker target of 2.4p

[fillipe] 21/2/2020 13:29

Going up well. There must be a write-up or similar out already, or in the pipeline for the weekend.

The recent RNS made this shares an ideal candidate for a good mention etc.

f

[imjustdandy] 18/2/2020 16:03

Should double this week. 2p target

[look alive] 18/2/2020 11:28

I have spoken now to an analyst who follows the company. He is predicting after tax profits of £3m for the current year . A PE of 10 gives a target price of 2.2p.