Revolution Bars Share Discussion Threads

[master rsi] 07/2/2023 12:19

Something is happening the bid is up to 6.20p

[seangwhite] 04/2/2023 09:00

K E specialises in running PLCs like they are his own. His track record at RBG is absolutely diabolical with the adding of debt at a time of rising interest rates sadly being one for the business text books.Until K E gets moved on RBG will remain a penny stock with no prospect of recovery.

[master rsi] 02/2/2023 14:50

Lets see if MMs are ready to move higher the bid price soon
A good size buy and paying a higher price all the time 6.329p, 6.44p


14:38:52 - 6.44 - 157,700

[master rsi] 01/2/2023 12:18

The bid price is 6.10p, but MMs are paying 6.30p for sales

[master rsi] 01/2/2023 12:08

Indicator MACD is doing its job of advancing and going bullish

[master rsi] 01/2/2023 10:56

Slowly but surely improving this time is 6.10p in the bid after paying a higher offer 6.46p

[master rsi] 01/2/2023 10:06

Starting to pay higher prices on the ticker, from yesterday's last trades at 6.30p, today the last one was at 6.40p on this large spread 6 v 6.50p

09:38:43 - 46,256 - 6.4

[master rsi] 31/1/2023 23:59

Tonight British Bulls
Revolution Bars Group - RBG
Last Signal:BUY
Last Pattern:BULLISH HARAMI CROSS
Last Close:6.25Change:+0.45Percent change+7.76%
Signal Update
Our system’s recommendation today is to BUY.
The BULLISH HARAMI CROSS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 5.8500

[master rsi] 31/1/2023 16:20

A late push on the offer with now showing as a large spread 6 v 6.50p

[master rsi] 31/1/2023 14:16

Buys continue and the last one was for 100K at a premium 6.40p when offer was 6.30p

6.0 v 6.3
13:50:19 - 6.4 - 100,000

[master rsi] 31/1/2023 13:16

re - Any Value in the company?

Only the Peaches Pubs was purchased for £16m in October and the total valuation of RBG is currently just £14m.
There is some very good value in the company at this price, naturally, only time will tell.

spread 6 v 6.20p as buys continue

[master rsi] 31/1/2023 12:36

The MACD divergence strategy is a great way of analysing the market and confirming a trend reversal, and if used correctly it can also be utilised to define specific entry points into the market.

[master rsi] 31/1/2023 12:15

150K buy and bid spread gone to 6 v 6.10p

5.8 v 6.1
12:03:50 - 6.1 - 150,000

[master rsi] 31/1/2023 12:06

from "UPS"
6.95p ( 5.80 v 6.10p )

First rise for some time with volume buying. The bidding online is for 6p up to 65K and buying is paying the full offer 6.10p

[shandypants2] 19/1/2023 12:16

hatfull - not sure what EBITDA is being used but confusingly RBG reports two - an EBITDA and an adjusted EBITDA. In 2022 accounts EBITDA was £19.4m and the adjusted EBITDA was £10.2m, so a big difference between the two. The stated target for 2023 is the lower of the two figures, for convenant purposes etc this may not be the case.
So things may not be as bad at some fear. However, it is is a fair point to make. Personally i don't like EBITDA - for 2023 with the Peach purchase all going on debt the interest amount will clearly be a lot higher than in 2023 so this figure just muddies the water IMHO. Cash and PBT is key

[jonc2c] 18/1/2023 08:59

Cov lite I believe

[hatfullofsky] 18/1/2023 08:54

Not just that, with Adjusted EBITDA looking like 6.7m and Net Debt at £18m what's the covenant coverage ratio.Could be in breech come results.

[seangwhite] 18/1/2023 07:19

K E did a great job of putting debt in place to support RBG a while back which makes getting out from under it in the current rising interest rate scenario well nigh impossible. Good to see he is still onboard and being well rewarded on the BOD. Anyone for another equity raise to pay the BOD even more for their hard work.

[jonc2c] 17/1/2023 19:24

Why haven’t shareholders kicked out the Board. Years of incompetence and drivel

[blackhorse23] 17/1/2023 18:33

Straggling bar

[shares9876] 17/1/2023 18:02

The only excuse missing from this update was “dog ate my homework” - awful update with no one taking ownership for it

[ken chung] 17/1/2023 16:04

A fine short.Thanks for the wealth transfer.Lemmings and mushrooms only.

[highly geared] 17/1/2023 15:04

All about the ability to service debt interest and principal. Looks ok , depending on cash generation to pay the bank.