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RBG Revolution Bars Group Plc

1.20
-0.20 (-14.29%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Revolution Bars Group Plc LSE:RBG London Ordinary Share GB00BVDPPV41 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -14.29% 1.20 1.10 1.30 1.40 1.05 1.40 8,076,052 13:43:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Drinking Places (alcoholic) 152.55M -22.23M -0.0966 -0.12 2.76M
Revolution Bars Group Plc is listed in the Drinking Places (alcoholic) sector of the London Stock Exchange with ticker RBG. The last closing price for Revolution Bars was 1.40p. Over the last year, Revolution Bars shares have traded in a share price range of 1.05p to 8.05p.

Revolution Bars currently has 230,048,520 shares in issue. The market capitalisation of Revolution Bars is £2.76 million. Revolution Bars has a price to earnings ratio (PE ratio) of -0.12.

Revolution Bars Share Discussion Threads

Showing 1101 to 1120 of 3275 messages
Chat Pages: Latest  47  46  45  44  43  42  41  40  39  38  37  36  Older
DateSubjectAuthorDiscuss
16/10/2017
12:10
was stonegate's offer final?


edit yes looks like it was

tonysss13
16/10/2017
11:47
Don't think it would drop that anywhere near that low. I reckon either Stonegate come back with an offer around 225p or the price drops to 150 they don't. So about 35-40p in either direction from the current price.

Personally i think Stonegate would be stupid not to return with a modestly increased offer of 225 (which I reckon might get them over the line) if the cost savings of the enlarged group are as great as they say they are. Now, do i take the gamble and buy some now or not....

mmc71
16/10/2017
10:54
Pleased I am out but watching with interest. So if the bid is voted down as the mkt seems to think is now likely where next? The price was below 100p at one stage in July so a long way down. Might it tank back to 120 on a rejection?
barnetpeter
16/10/2017
10:46
Offer update but no content see RNS above.
fizzypop
14/10/2017
17:28
If the offer is final it can only be raised if there is another bidder, thats Take Over Panel rules. If the scheme is voted down and Artemis may only have withdrawn the letter of intent to help Deltic then Stonegate can come back with an offer which requires only 50% to accept. Given how much the arbs now hold that won’t take very long.....
exbroker
13/10/2017
19:40
They always say the offer is final, otherwise everyone knows it isn't and will hold out for more won't they! In this instance, there is quite wide agreement that the offer isn't particularly generous so there is plenty of scope to push them a bit higher. If they do walk away the shares will fall but there is every reason to believe that they will recover, either on their own or when someone else makes a move on them.
spot1034
13/10/2017
16:31
oh dear someone has put his foot in it!!

"13 October 2017 Stonegate Pub Company Limited ("Stonegate"): Retraction Statement

The Chairman of Stonegate, Ian Payne, was today quoted on Twitter by Dominic Walsh of The Times as saying "The alternative is not palatable. If it doesn't go through they'll have a broken company" when referring to the Scheme vote for Stonegate's offer for Revolution Bars Group plc.

Mr. Payne requests that this statement is disregarded as there is no basis for it."

Mr P must be concerned that the offer is not going to be accepted.........Perhaps they should offer more?

crumppot
13/10/2017
11:00
Except if the Stonegate offer is voted down and there is no counter-offer, so the shares just sink towards previous value. Just saying, its not a one way bet.

Fingers crossed for you, would be happy with 203, but personally think there's more in the tank still.

WB (Long RBG)

wokingblade
13/10/2017
10:14
I had a bit of cash sitting on my account so just topped up my holding at sub 198p - a price I didn't expect to see with 203p pretty much guaranteed to be paid out free of further charges in less than four weeks and the chance of the price being squeezed a bit higher if shareholders show their teeth. If Stonegate do walk away it's still a good business which could well see further predatory interest before too long.
spot1034
12/10/2017
16:17
At the time the board recommended the offer the shares were in the doldrums after a profit warning and there was some comment about the nature of this warning and whether it might have had less to do with outside forces than the quality of the management, and they were perhaps guilty of talking the share price down far more than the circumstances really justified. So they were probably happy to recommend the offer from Stonegate which got them out of a difficult situation. Since then the general concensus has been that maybe the predictions of doom and gloom might have been overdone and that this was, in fact, quite an opportunistic move by Stonegate who could see the real potential of the company. I would have been very surprised in the event of a cash offer by Deltic if Stonegate hadn't been ready to come back, so I'd be even more surprised if they now walked away if they had to cough up a smaller additional sum to get the approval of the major shareholders. However, even if that did happen it's still a good business which could easily recover to take the shares higher in the future and indeed attract future interest from predators.
spot1034
12/10/2017
15:47
How have you voted for the scheme of arrangement? I've voted against, though expect it will probably go through. Hargreaves Lansdown needs votes in by midday tomorrow. Assume other brokers are similar.
brileyloucan
12/10/2017
12:42
Of course the danger is that if the offer is voted down , then no one else may come forward and Stonegate might not come back.

It was significant to me that the board recommended the offer, i infer from that they see no way that they can get the share price higher, over time , in the way they are currently running the business.


Perhaps Deltic know what they are talking about?

Anyway I sold when the price went above the 203 offer, so it of academic rather than financial interest to me.

hernando2
12/10/2017
12:18
Stonegate are clearly rattled as there's a good chance their offer will be voted down on the 17th. IIs and other investors want more than IPO price imo. I'll be adding more if price drops in the event of a bid rejection.
aishah
12/10/2017
12:12
Good question
turbocharge
12/10/2017
12:02
Ideally one of Stonegate's big competitors should let it be known that they are contemplating a last minute bid - I mean one which actually has the financial strength to go through with it. Sadly it does not look as if there is anyone prepared to do so, although I have known previous bid situations where it all looks done and dusted and then a last minute knockout bid materialises out of nowhere. As things stand however, it is up to the shareholders to try to get a better deal. Do we know where Artemis now stands? Are they continuing to withhold support for the 203p offer?
spot1034
12/10/2017
11:08
I should think so
turbocharge
12/10/2017
07:52
Think there's mileage in this yet, so worth a no vote in the hope of Stonegate stumping up a more generous offer.

WB

wokingblade
10/10/2017
20:56
I'm voting against Stonegate
geheimnis2
10/10/2017
19:33
Shame really but what a load of BS from Deltic! Imo!!be interesting to see if city tell stonegate to get lost as well, let's seeDYOR
qs99
10/10/2017
19:13
Hope it fails. I'm voting against. Stonegate will have to up this derisory offer. Directors not acting in shareholder's interests here.
aishah
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