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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Revolution Bars Group Plc | RBG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.05 | -3.33% | 1.45 | 12:34:09 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.50 | 1.45 | 1.50 | 1.45 | 1.50 |
| Industry Sector |
|---|
| TRAVEL & LEISURE |
| Top Posts |
|---|
Posted at 11/4/2024 11:50 by boffster I'd say this was at the upper end of what shareholders could have hoped for. I personally get the feeling that the worst has passed for hospitality and clearly some big investors think the same. |
Posted at 10/4/2024 20:30 by elsa7878 In light of the fact that we, as senior management, have been instrumental in driving this business to the edge, she have agreed to reduce our outrageous salaries and perks to x for x months....oh - that's not in the terms....Told Danielle 2 years ago she was going to drive the business to the edge but the gravy train continued for them. Thankfully I had the sense to sell. Remind me of the offer some years ago - was it 110p or 120p ...now 1p. And in the meantime the management have been actually been paid millions...Instituit |
Posted at 24/1/2024 09:32 by bspgamer You have TR1 investors massively under water and this company won't get a raise. Down here. They either close most of the RBG and CUBA brand or go bust simple as that this year is not going to get any better. Everyone is skint |
Posted at 11/1/2024 10:23 by jeffian Re #3080,As an investor rather than a trader, my issue is as much with the Balance Sheet as the trading performance. The company has very few real assets, the vast majority being short leasehold premises and Fixtures & Fittings. As at July 2023, the leases had an acquisition cost of over £90m and the F&F £80m which had been depreciated/impaired down to £23.5m and £12m respectively. In claiming positive EBITDA, the company writes these back as 'non-cash' items but, believe me, those losses are real which, to pick up on boll's point, will be shown all too clearly when they start offloading bars. Leases are not assets, they are liabilities (a commitment to spend rent over a number of years). In good times you may be able to sell to another occupier at a premium but in bad times you may have to pay someone to take it off your hands or pay the landlord to accept a surrender of the lease. Similarly with F&F. You may fit out a smart bar for £500k and add that to your balance sheet as an 'asset', but if you leave it will all be ripped out and have no value at all. It may be that the valuers have made enough 'impairment' charges to avoid showing a loss on current Book Value (a trick we used to use on poor quality assets held for sale) but I assume that the disposals announced will throw up further losses and write-downs. |
Posted at 05/1/2024 07:37 by the imperialist Yep, he's taken advantage of private investors once again.Posted the day before woeful results: "Master RSI4 Jan '24 - 15:46 - 3043 of 3050 DieGroot The results are a long way yet I am better at predicting what you will have for dinner ... Frankfurter, Make sure is not a .. . hot dog and German made for reading.... Frankfurter Allgemeine Zeitung" |
Posted at 07/12/2023 18:25 by master rsi jeffianre -I worked in the industry so keep an interest in the sector That is not a good reason for me, as there are plenty of other shares in the sector and you hav only posted on 2 shares once for the last month, WHILE 5 POST HERE ON THE LAST 10 DAYS. Look at your posting yesterday ... jeffian - 06 Dec 2023 - 23:29:14 - 2986 I shan't be investing here because I think it is a pile of poo and I'm am investor not a trader Spill the beans Or I will have to tell you why you had cellulitis, the clue is the poo. |
Posted at 06/12/2023 23:29 by jeffian It was a peace offering! Regardless of the charts and any short-term movements, I shan't be investing here because I think it is a pile of poo and I'm am investor not a trader. My last foray into the pubco market was CPC which turned out better/quicker than I expected and I might keep/add to the Youngs shares on offer and maybe add FSTA but it won't be on the basis of any glitches in their share charts. |
Posted at 17/11/2023 08:06 by gypsyfortuneteller Gotta love retail investors buying into a Ponzi scheme….when the fundraising comes in December at 1p a share to raise the £10m they need to avoid bankruptcy, anyone buying now will lose most of their investment |
Posted at 02/12/2022 08:00 by raleigh43 Loungers numbers strong. FUL up 50% off lows. I think it is important to remember that the strong investors will pile back in at the point of maximum pessimism in order to get the best deals.I think we might be there already. Inflation should start to drift down soon I think and once we get to March the confidence should return. I am in here as I see this as the low ebb for RBG. |
Posted at 28/9/2022 20:33 by gypsyfortuneteller KEFailed to sell to Stonegate at 200p Failed to merge with Deltic and create a nightlife titan Raised emergency funding at 20p in Covid Did a rubbish cva Raised another round of emergency 20p funding Spent it all on vanity refurbs and green agenda Ended up with a register or weirdos Stopped talking to the market Has a broker which can’t find any investors And yet KE still thinks it’s his business. Someone needs to take this out with a half reasonable bid and retire KE into oblivion in the process |
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