Revolution Bars Share Discussion Threads

[elsa7878] 04/3/2022 11:21

Running out of Russian vodka?

[sharetalk] 01/3/2022 10:35

- Unaudited Interim results for 26 weeks to 1/1/2022 (1/3/2022):

-- Total Sales FY22 H1 = £74.1m
-- Operating Profit = £6.7m
-- Adjusted EBITDA = £12.2m
-- Profit before Tax = £4.3m
-- Net Cash = £4.2m

-- "We delivered profit before tax of £4.3 million in FY22 H1, versus a loss of (£17.7) million in the comparative FY21 period, and a loss of (£1.6) million in the comparative FY20 period."

-- "The Board is now confident of delivering adjusted1 EBITDA (on an IAS 17 basis) towards the top end of the range of market expectations, which is currently between £8.0 and £10.0 million."

-- "We are hugely encouraged by the performance in FY22 H1 and are excited about the future...and now believe that, assuming no further variants, we can look forward to a sustained period of growth...There's never been a more exciting time for the Group."

[idriveajag] 01/3/2022 08:26

I cannot see anything holding the share price back now. Everyone is fully vaccinated, revenues have trippled vs the comparable previous period, they have exited loss making bars and are opening new ones (including some new concepts) and costs are being carefully controlled. "the Board is now confident of delivering adjusted1 EBITDA (on an IAS 17 basis) towards the top end of the range of market expectations, which is currently between GBP8.0 and GBP10.0 million"That is really good.

[puzzler2] 01/3/2022 08:19

Fair point, Tewkesbury.

[tewkesbury] 01/3/2022 08:14

RBG easy 100p+.

[tewkesbury] 01/3/2022 08:14

I don't think that single youngsters without mortgages are too bothered about disposable income, of which they have plenty. They want to enjoy themselves

[puzzler2] 01/3/2022 08:11

80p looks a bit optimistic. I'd be happy with a slow and steady rise up to 40p. Albeit that trade is definitely picking up, let's not forget the headwinds of the impact of full business rates for retail businesses and the possibility of a reduction in disposable incomes as we head through 2022. I'm not being negative, just realistic (RBG 6% of my portfolio).

[tewkesbury] 01/3/2022 08:09

RBG target 80p to 100p+.

[sharetalk] 01/3/2022 08:06

Should rerate back to 80p+.

[qs99] 01/3/2022 08:03

Like the forecast EBITDA messaging.....2022 if it delivers anywhere near or North of that should see a much higher price IMO....DYOR and good luck waiting for 15p Blackhorse.

[blackhorse23] 01/3/2022 07:54

Buying at 15p

[muckshifter] 01/3/2022 07:29

Good results, imo, and I like the effort they are putting into developing the skills and potential career paths of their staff - great move if you intend to expand.

[purplepelmets] 01/3/2022 07:19

likewise. lets see if we are rewarded on opening

[useless23] 01/3/2022 07:13

Excellent results, better than I was expecting

[ken chung] 01/3/2022 07:11

Heating bills skyrocketing.That will kill the margins.

[kop202] 25/2/2022 20:29

Only lemmings left now Ken?

[jeffian] 25/2/2022 19:40

He's a pain in the @rse. He's spamming many threads on behalf of his employer. I imagine he'll alienate more potential clients than he attracts.

[puzzler2] 25/2/2022 17:53

I think you're lost km18? - wrong board

[napoleon 14th] 21/2/2022 16:11

News on March 1st.
I've decided to hold for that.

[ken chung] 07/2/2022 11:47

Edit - heating bills to be 50% higher. That will kill the margins.

[ken chung] 31/1/2022 22:56

Sadly the 35% higher energy bills starting to come through will just add to the misery and have an adverse effect on the balance sheet. They have some big spaces to heat and are open long hours. Lots of big heating bills and no way to get round it.