Revolution Bars Share Discussion Threads

[bspgamer] 02/11/2023 15:42

These guys must be thinking of a capital raise, what has the CEO done to this company. It's bloody disgusting

[jeffian] 27/10/2023 10:05

Oh aye, run it into the ground then grant yers'en a load of (nearly)nil-cost share options. That'll endear you to shareholders!

[seangwhite] 18/10/2023 13:59

Need to move K E out as he is bad news when he sits on any quoted company board.

[bedford1976] 18/10/2023 13:06

Looks like the future is bleak for Revolution Bars that's one hell of an annual loss.
Really they need someone like Luke Johnson to rake control and see what can be recovered

[ken chung] 18/10/2023 11:54

Lemmings and mushrooms only.

[castleford tiger] 18/10/2023 09:17

DEATH spiral coming.
I cannot see this getting past February.
tiger

[seangwhite] 18/10/2023 09:00

K E has done a sterling job here in loading RBG with expensive debt when trading is under pressure. As the saying goes ' another fine mess etc'

[ny boy] 17/10/2023 16:59

Dire, loaded with debt, drinking is not what it used to be, lower revenues, sky high rents, now punters scared to go out due to heightened Middle East tensions.

Loads of reasons why this is not a recovery play imo

[gypsyfortuneteller] 17/10/2023 08:45

And for this reporting results season, the list of excuses from the pin the tail on the donkey staff night out are….

Hot weather
Cold weather
Sun
Rain
England football
England rugby
Xmas on the wrong day
Early Easter
Late Easter
Rail strikes
Wfh
Wrong demographic
Smoking ban
Licensing
Police
Councils
Inflation
Cost of living
Landlords
Interest rate
The brokers
Insurance
Our debt structure
Staff costs
Brexit
Staff shortages


Sadly the one item missing from the wheel of fortune is this one

TOTALLY DREADFUL BOARD AND MANAGEMENT STEALING THE LAST FEW REMAINING PENNIES FROM SHAREHOLDERS BEFORE GOING BUST

[tabhair] 13/10/2023 12:42

Last year management spent £16m of shareholders money to buy Peach Tree Pubs.

Just one year later the current market cap is £8m.

Management awarded themselves 4.5M of nil cost shares for this!

CEO Rob Pitcher total compensation

2021 - £440k
2022 - £760k

Sickening levels of greed for total incompetent performance.

I would not let this guy even clean the glasses in one of the pubs he's supposed to be running.

[paulypilot] 10/10/2023 20:49

Disaster as in buying 1.1m shares at 11p, and selling them at 35p?

[u813061] 10/10/2023 20:02

Another Paul Scott disaster

[bspgamer] 19/9/2023 14:32

Even cheap imported Russian Vodka won't keep the lights on here

[ny boy] 19/9/2023 11:47

Holding debt in these markets is a killer, like trying to walk in concrete boots

[bspgamer] 18/9/2023 11:21

2 pubs a day are closing the UK : (

[seangwhite] 15/9/2023 07:47

Another company that K E has 'succeeded' with, using his own style of adding debt to very high levels.

[ny boy] 07/9/2023 16:19

Can’t seem these surviving, high debts, higher rates, higher for longer, drinkers spending less and drinking less alcohol, the chart says it all really, avoid or only for desperate gamblers & spivs

[bspgamer] 07/9/2023 11:00

It's always been that way!!

[darrin1471] 06/9/2023 20:20

bspgamer. I looked at all listed pub/bars last summer and came to the "cynical conclusion that the only winners were the salaried company management" at RBG.

[bspgamer] 06/9/2023 18:46

You must be mental to go anywhere near this

[darrin1471] 06/9/2023 17:36

3 days now of higher volumes into a dropping share price.
Still only £50k per day.
I hold no position in RBG and unlikely to open one.

[boonkoh] 05/9/2023 22:08

Interesting, two days straight of heavy trading volumes!