Revolution Bars Share Discussion Threads

[replicas1967] 15/1/2021 03:30

A sincerer poster, I couldn’t imagine ?

[lukeisbackontrack] 15/1/2021 02:20

What’s up mug punters. Happy new year

[glavey] 13/1/2021 07:03

I'll have a grilled lemming with a mushroom side then please, medium rare. (Sick of scotch eggs.)

[ken chung] 10/1/2021 23:55

A disaster for pub chains, to stay shut until at least May. hTTps://www.thesun.co.uk/news/13702291/pubs-set-to-stay-shut-for-five-months/Lemmings and mushrooms only.

[diku] 07/1/2021 09:59

Doom and gloom?...

[dagsteeth] 07/1/2021 09:55

Read across from today's trading statement from MAB... Revs are up to their debt limit by end of March. No rev for revs. At which point equity will have zero value... good luck with another rescue rights issue when the major investors are spivvy individuals without more cash to punt. Oh and Deltic, as it turned out, got sold for less than the value of its HSBC loan, so its investors and all other creditors were wiped out. While in a normal market Revs at £10m EBITDA (in 2022/3?) - their one broker has a presposterous EBITDA forecast of £17m - should be a £60m market cap business, all the value today is transferring daily to the debt so whoever owns the keys at the time when non Covid trading finally resumes will do very nicely. However that won't be today's sharehoders

[ken chung] 06/1/2021 09:01

Awful.Lemmings and mushrooms only.

[elsa7878] 29/12/2020 15:13

Err no. Net debt of £19.5 million in mid December and forecast during lockdown to increase by 400k a week.

[arthur_lame_stocks] 29/12/2020 14:05

I expect people are queuing up to buy a company that is in debt has no assets and no revenue.

[useless23] 29/12/2020 13:52

If a bid were to come, what is the minimum price it would have to be?

[zingerburger] 29/12/2020 13:02

bid in new year?

[zingerburger] 29/12/2020 11:54

Added here

[glavey] 25/12/2020 19:02

You may have missed the point. If they price the options at ten a penny what does that tell you they think the shares could be worth? As no actual performance is required, that seems to confirm that they feel performance is outside of management's control. A binary bet on survival?

[glavey] 25/12/2020 05:43

24/12/2020 11:36 "Grant of Options" "Revolution Bars Group plc announces that on 24 December 2020, its Remuneration Committee agreed to grant options under the Revolution Bars Group plc Performance Share Plan (the "Plan") with an exercise price of GBP0.001 per share over 1,035,115 ordinary shares of GBP0.001 each in the Company ("Ordinary Shares") (the "PSP Options") to directors and other persons discharging managerial responsibility ("PDMRs") as set out in the table below." OK, so let's see..., it's a Performance Share Plan and the options are priced at ten a penny. Umm...

[bobbyaxlerod] 22/12/2020 11:28

Gypsy, I’d love to be able to agree with you but then we’d both be wrong. I’ll look forward to re-reading your post in 3 to 6 months time. Have a good Xmas, hopefully someone will buy you a business book or two. Bob

[thomasearnshaw] 21/12/2020 09:07

Ken u took the words out ma mouth

[ken chung] 21/12/2020 09:06

Bars closed.Revenues collapsed.New Covid super virus spreading fast.No end in sight.5p soon.Lemmings and mushrooms only.

[gypsyfortuneteller] 21/12/2020 08:49

Bobby Axelrod You are an idiot. I think you’ll find that any professional investor would share my analysis.

[bobbyaxlerod] 18/12/2020 21:10

I do love how people who clearly have no idea how to value a business spout their ideas as fact. I’m continuing to top up at these levels, the bars have the facilities to see themselves through to more normal times. We need to remember that the government won’t keep everything locked down until everyone is vaccinated, they’ll keep it locked down whilst deaths and hospital admissions are high. That’s why the elderly and care homes are being targeted first, once a good proportion of the over 65’s are vaccinated we will see a significant decrease in deaths. Something like 90% of deaths relate to people over 65.. once we get down to deaths in the 10’s a day they will re-open the economy. I believe (and I could obviously be wrong, I’m not going to state anything as fact) that the share price will be 30 by end of January at the latest and in the 40’s by April - possibly higher. The analysts agree as well for whatever that’s worth.

[dennisbergkamp] 18/12/2020 10:35

I think a retrace is logical and will wait till then to jump back on D

[glavey] 18/12/2020 10:27

June 2021?

[gypsyfortuneteller] 18/12/2020 10:18

Swan, I don’t disagree but I don’t think we’ll be back to normal til June and Revs don’t have the funding for that. While they could raise more equity or debt to bridge the valuation doesn’t change so new money simply receives a transfer of the current £25m equity value at the time. So unless everything is flawless and total relief from all types of lockdown ends by Easter, 20p seems to be the max price for current equity and all the risks are to the downside

[swanvesta] 18/12/2020 09:26

Thanks Gypsy, you may be right on the valuation. But I was responding to the 'bust by March' assertions. The whole plan hinges on surviving until end of March, and slide 13 of the recent presentation shows they can do that under complete lockdown.

[gypsyfortuneteller] 18/12/2020 08:15

Swanvesta. The maths is easy. Let’s say they get back to a run rate ebitda of £10m at some point. A fair multiple for the business is probably not more than 6x, so a value of £60m. At the point in time that happens, net debt will be c£35m, meaning max value for equity is £25m, or around 20p a share. And that value presumes rapid ramp up to full ebitda, zero execution risk, no lockdowns beyond March and as we know, cash/bank facility headroom is extremely tight by then. So if 20p is aspirational value, today’s value factoring in risk really shouldn’t be more than 10p