Revolution Bars Share Discussion Threads

[sailastra] 12/10/2016 18:05

www.johnsinvestmentchronicle.com and Paul Scott are both on the case.....Is that you Paul

Directors bought stock on the 4th of October

Not without it's risks but I got in earlier today hoping that a turn in the recent downward trend is now underway

[sphere25] 12/10/2016 16:23

Yeah, I didn't expect to see such good fundamentals when I initially saw the chart. Often stocks which have fallen a long way like this have something wrong e.g. too much debt or they've warned on profits, so a nice surprise on seeing the balance sheet and cashflow.

I was mostly watching for a short-medium term trade on a breakout, but good to know about the much deeper fundamentals with the stress testing aspect also!

This board is dead so the herd haven't arrived yet - best pick up as much cheap stock as we can in the meantime ;-) ha

Onwards and upwards!

[paulypilot] 12/10/2016 15:41

@Sphere,

Yes I agree. This is a completely debt-free high end bars group.
It's generating a ton of cashflow, as you say, which is allowing it to self-fund a roll out of more sites (fit outs c. £1m per site) without the need for any bank debt whatsoever.

The fwd PER is only about 9! That looks very cheap to me.

I don't normally invest in bars groups, as they often go bust in recessions, when engulfed with bank debt. Luminar was a case of that, which collapsed under weight of excessive debt when sales plummeted about 17%.

So I have stress tested RBG to see what would happen if its sales also plunged 17%, and it remained cashflow positive (just). So it could sail through a deep recession without any problems.

One of my favourite shares at the moment (I've been buying in recent days).


Downsides are that the sites are leasehold, so rent reviews could blunt profits in future. Also, there is always the risk that its format becomes tired & goes out of fashion, as customers are fickle.

I think they under-priced the IPO, and we can buy about 20% cheaper now in the open market. Recent accounts looked good to me.

Not many private investors know about this share, as most shares are in Institutional hands.

Regards, Paul.

[sphere25] 12/10/2016 14:39

I'm sure this was highlighted by someone recently. Finally breaking out after months of sideways movement.

Market cap at 165p = £82.5m
Operating cash flow = £14.2m

Trading at 5.8x! Dirt cheap!

Dividend yield @165 = 3.3%

And then there's about £50m of net tangible assets on the balance sheet!

Headed back to the IPO price of £2 and it looks cheap there!

Sphere - long

All imo

[mach100] 08/12/2015 19:54

Marty, this one is looking a bit flat. Even with my beer goggles on I am seeing this nearing the bottom of its year trading range. Might be starting to look attractive I suppose but might take some time to get a return on its 5 million investments above in Nottingham Leeds and MK.

[martywidget] 05/12/2015 10:13

Over £3m spent on Revolución de Cuba in Leeds and Milton Keynes

[martywidget] 01/10/2015 15:17

Revolution continues expansion as sales and revenue rise

[markymark1] 10/5/2015 22:01

Any one seen the IC recommendation to buy?



Where have they got them company accounts from? Searched company accounts and can't find anything!

Mark

[kingsize] 24/3/2015 01:41

Bought these for old times sake since I made a few bob on Inventive Leisure years ago. Hopefully going to be a slow burner with a reasonable divi in times to come.

[jazza] 18/3/2015 19:04

Directors buy, Chancellor cuts duty - share price falls.

Might have lunch at the weekend in my local RBG outlet - see how things are looking.

[lucky_punter] 17/1/2012 13:12

TSX-listed REBgold (CVE:RBG) has three attributes that mark it out from the crowd.

The first is a cutting edge metal extraction technology that has the potential to transform hitherto uneconomic projects into money makers.

[daytraders] 30/3/2010 08:48

40% up already.

[cambium] 30/3/2010 08:20

BRK is better value

[call-logger] 30/3/2010 08:05

Investec To Buy Outstanding Rensburg Shares For 916P Each
LONDON (Dow Jones)

Investec PLC (INVP.LN) said Tuesday that the Independent Rensburg Sheppards Directors and the Board of Directors of Investec have reached an agreement on the terms of a recommended all share offer under which Investec will acquire the entire issued and to be issued ordinary share capital of Rensburg Sheppards not already owned by it.

MAIN FACTS:

-The Offer values each Rensburg Sheppards Share at 916 pence and the entire issued and to be issued share capital of Rensburg Sheppards at GBP412 million based on the closing price of Investec of 562 pence on March 29.

-Under the terms of the Offer, Rensburg Sheppards Shareholders will receive 1.63 fully paid newly issued Investec Shares in exchange for each fully paid Rensburg Sheppards Share currently held.

[its the oxman] 19/9/2008 11:59

but moving up at last though

[its the oxman] 19/9/2008 11:59

but moving up at last though

[its the oxman] 26/2/2008 23:32

bought in today c.615p - hopefully somewhere near the bottom and over 50% upside to previous highs