Revolution Bars Share Discussion Threads

[masurenguy] 22/11/2021 07:34

"After the first 14 weeks of FY22 we had already exceeded the total revenue generated in FY21. At the time of writing total revenue is currently 137% of FY21, with FY22 LFL(2) revenue since 19 July, when restrictions fully relaxed in England, 14% ahead of the comparable period in FY20. We have taken advantage of the periods when we were closed or trading under restrictions to fine tune our existing brands through a focus on customer offering, sustainability, and the creation of two exciting new brand concepts, whilst we have also strengthened the engagement of our teams and driven our Diversity & Inclusion agenda, in order to set the business up to perform strongly when trading restrictions ended. We are ready to take advantage of the reduced competition and bring our freshly developed new concepts to the market."

[useless23] 22/11/2021 07:29

This is falling on fear there will be another lockdown due to what is happening in Europe

[tjbird] 20/11/2021 17:02

Booze short supply

[buywell2] 20/11/2021 08:27

buywell3 - 25 May 2017 - 06:30:51 - 545 of 668 REVOLUTION BARS GRP - RBG




You bulls just don't get it do you

PRICES are rising and inflation is now going to be an ISSUE going forwards

COSTS are going to go UP

get it ?


The market gets it ... hence the chart shape

The market will tell in time when a bottom has been reached , meanwhile the chart is looking hard to find one , but with headwinds now getting stronger companies with staffing cost problems and in the case of this now EX Growth stock , that are contracted to open another 6 new bars this year are going to find increasing COSTS are going to make make matters worse NOT better

In other words the profit model is now BUST

[glavey] 20/11/2021 06:55

I assume you mean a Covid top up.

[useless23] 19/11/2021 19:16

This 4th wave is making a great opportunity for a substantial top up

[indigocarmine] 17/11/2021 15:25

napolean 14th - to be fair to him he possibly had a point, but there is an overbearing arrogance in a lot of people along the line of just because they don't like a place then it must follow that nobody else will. I personally wouldn't venture into a McDonalds, but it doesn't mean the place isn't wildly popular with others. Revolution bars are mostly geared for the young and trendy - I'm not sure I ever fitted into either category, but there are a lot of people who do.

[napoleon 14th] 17/11/2021 13:00

LOL indigocarmine1.
___________

Seriously, I took a small position here so can afford to wait & see the result
long term. In other words, I'm not negative, but did come across this
contrarian piece which IMO is worth reading.

[indigocarmine] 16/11/2021 19:43

Maybe it just says that everyone piles into rev because they know you wouldn't use it

[wuzy] 16/11/2021 17:58

Live near Cambridge, one bar l would not use is rev, says it all.

[chucko1] 16/11/2021 17:15

There was always going to be an initial surge in drinkers/eaters and although that has been borne out, it says nothing of the future trend with sufficient certainty at this stage to give the share price a decent lift. That may follow if the trend is established over the coming weeks and into early next year.

But it still seems a decent medium term bet.

[glavey] 16/11/2021 16:38

"YOU LITTLE BEAUTY!!! Got to close above 33p today"

How's that working out?

[muckshifter] 16/11/2021 12:29

Probably normal for this time of year. IIRC, there is normally a small slowdown before things really get going before Christmas and then a big one after new year.

[indigocarmine] 16/11/2021 12:24

Not that unusual for sales to slow as dark, colder evenings press in, is it?

[elsa7878] 16/11/2021 08:29

If sales were up 17% for the first 2.5 months and now 14% in 3.5 months it implies that sales in the last month have slowed. So in the last month sales growth would be 6% versus 2020. Not too shabby but does reflect my conversations with the 2 local bars where staff said recent business had slowed down after an initial surge.

[qs99] 16/11/2021 08:17

seriously you can't look at last year's COVID hit results. The current trading IMO is the key and it looks v. strong from that update IMO....let's allow sellers / profit takers to do their thing and see where market takes it DYOR

[johnv] 16/11/2021 08:12

It is the forward looking statement you should focus on.

[johnv] 16/11/2021 08:05

Those results are completely irrevelvant due to covid restrictions.

[johndoe23] 16/11/2021 07:52

Close that short!

[puzzler2] 16/11/2021 07:50

Try reading the RNS, Ken, to get a perspective on where trading is heading. There'll be no winter lockdown.

[bg97] 16/11/2021 07:49

Very happy with that, current trading up LFL 14% on pre covid, debt down majorly, high cash generating business, costs cut by 6 mil by getting rid of loss making sites, expansion by 8 venues in next few years. Looking good going forward!

[ken chung] 16/11/2021 07:46

Dreadful results.Huge losses.Winter lockdown coming.Lemmings and mushrooms only.