Revolution Bars Share Discussion Threads

[someuwin] 25/11/2016 14:30

Bought in today. Looks like a good'un.

[eeza] 25/11/2016 13:35

Aberforth dumped 2.5m.

[lauders] 25/11/2016 05:11

Thank you for your thoughts on this one PP. Seems like you are on a roll at the moment and all the best to you! I will have a better look at this company when I have a chance. Cheers!

[paulypilot] 25/11/2016 01:49

I'm also topping up - the valuation here makes no sense.
It's now a self-funding roll-out, with no net debt at all!
Yet the fwd PER is about 9.2 - tell me how that makes sense?
Divi yield of about 3.3% is helpful too.

I suspect the market may not realise the higher quality of the new site openings, with £1m fit-outs, and dirt cheap rents - investor presentation on company website shows that rent is only 7.5% of turnover, and gross margins about 75%. Staff costs are high, but even so, it's a very good EBITDA margin.

i think this stock is an obvious candidate for a 50% re-rating, once people compare it with other roll outs.

There's no debt, no pension deficit problems, nothing. Just a completely clean set of accounts. On a dirt cheap valuation.

DYOR as usual.

I cannot see any catch here, despite reading the Annual Report over & over again. Apart from a ridiculously generous incentive scheme for Directors, but that's not a deal-breaker.

Director bought about £334k of stock personally after last set of results. Not bad.

Regards, Paul. (very long from 155p, and still buying at 178p)

[spooky] 23/11/2016 09:58

Thanks flyposter. Need to get rid of a couple of institutional sellers before we can make headway.

[flyposter] 23/11/2016 09:56

In the Telegraph spooky.

[spooky] 23/11/2016 09:53

Have these been tipped somewhere?

[discodave4] 23/11/2016 09:03

See what happens with the Autumn statement - national living wage, increase April 17 forecast £7.50 - £7.65.DD

[geheimnis2] 23/11/2016 08:21

Hi all

Just bought in yesterday

Looks a good prospect for 220p over the next 6 months?

Just a thought?

[blueeyes13] 23/11/2016 08:19

I've just bought in an initial position yesterday and good to be onboard. BB2, we meet again! Good to see you! :-)

[discodave4] 22/11/2016 19:34

Thanks bamboo, appreciate your TA views.Slow mover this.DD

[bamboo2] 22/11/2016 10:17

Chart shows a potential Cup pattern with an ultimate tp around 200. The handle is a Head and Shoulders pattern with a tp above the 200sma of approx 168. 50sma has crossed 200sma.

[spooky] 24/10/2016 08:43

Very positive article, thanks for posting it Marty.

[robinskardon] 23/10/2016 22:17

Tipped in the Mail on Sunday today so expect a big spike up in the share price tomorrow, but more importantly RBG will now be on the radar of lots more PIs.

[sphere25] 13/10/2016 18:36

Just been through the presentation, got alot of good detail in there for sure. Plenty of encouraging operating metrics, but the free cash flow yield is another that sticks out.

Also of note is that the 5 new openings in 2016 are all performing ahead of expectations, so they must be doing something right! Wonder if they will be a beneficiary of the weakness in sterling with more spend domestically too?

Away from fundamentals in watching the trading action here, looks like we've had a few months of caution with some larger sellers holding the price down, but sentiment has changed on the results with alot of large volume going through the backdoor (delayed trades etc).

Both Polar Capital and Royal London (HSBC) have been selling, but clearly someone is on the other end buying it up. You could sell at a premium to the bid in size today with a big buyer mopping up 100k at 170, so it looks a great deal more interesting than I first thought.

One to stick on the main lists for me - holding on for more than £2 (float price) now!

All imo

DYOR

[discodave4] 13/10/2016 08:59

What's not to like.Bought some.DD

[martywidget] 13/10/2016 08:34

Small cap wrap: polarisation provides opportunities to buy and take profits
Published on 6 Oct 2016
Paul Scott, Stockopedia.com, discusses his thoughts (not recommendations) of some small cap stocks he’s looking at. These include BooHoo.com, MySale, Crawshaw, Gear4Music, Fairpoint, Revolution Bars, Lavendon and Johnston Press.

[paulypilot] 12/10/2016 20:20

Hi,

Yes, I'm Paul Scott - small caps blogger from Stocko pedia.

For anyone interested, I included sections on RBG on results day 4 Oct 2016:


Also another mention of RBG here on 10 Oct 2016:



The more I look at the numbers, the more I like it.

There's a very good results presentation available. It's got lots of useful info, and also nice pictures of the various sites, which look really good (so they should for £1m fit-out cost on average!):




EssentialInvestor - this company (RBG) used to be called Inventive Leisure I think, and was stock market listed, until being bought out by Alchemy Partners in 2006. It re-floated in 2015. Unfortunately, I can't remember anything much about it from back then.

The RNSs from Inventive Leisure are still on investegate, here:


I've been having a look through them, and the company then seemed to be more focussed on the student market, whereas it now seems to be moving/have moved more upmarket.

The figures look good, so it seems to have been a successful business for quite a while, and left the market on a high, rather than a low. It had some debt then, whereas now is completely debt-free, so is in a stronger financial position now then then, and also making about double the profits now that it did back then.


Regards, Paul.

[yupawiese2010] 12/10/2016 19:28

No its John Rosier, ex fund manager
Pauly Pilot = Paul Scott

[essentialinvestor] 12/10/2016 19:27

Paul, you must remember this Company first time around?.