Revolution Bars Share Discussion Threads

[johno1977] 18/4/2020 18:00

Back up to 35 - 40p IMO

[mr roper] 17/4/2020 16:58

Decent finish to the week

[mr roper] 17/4/2020 13:08

Needs some more volume for a Friday afternoon run

[mr roper] 17/4/2020 13:01

Full ask being paid

[mr roper] 16/4/2020 16:41

3 x daily average volume today.

[mr roper] 16/4/2020 16:29

Decent day

[qs99] 16/4/2020 10:23

Thanks useful to know

[mr roper] 16/4/2020 10:17

Break above 24.6 should see a run to early 30s pretty sharply

[mr roper] 16/4/2020 09:16

Should be clear run to 40p from here

[otemple3] 16/4/2020 09:15

Well Paul Scott has just said he bought some to take him to just below 3% so won't be an rns for him

[qs99] 16/4/2020 09:12

C'mon let's get that extra RNS about the stake building? DYOR

[qs99] 16/4/2020 08:37

That will help.....now need the RNS on who has the stake?

[qs99] 15/4/2020 14:29

Agreed on HMRC, should think they and PAYE et al will play ball. This year will be a write off for MOST UK businesses I should think!

Let's see

[tjbird] 15/4/2020 13:23

This year make some serious LOSSES (non adjusted)
risk of breaching its bank covenants

Debts £18m and climbing at 400k a week plus will be at mercy of HMRC to waive collections on vat for a while

[qs99] 15/4/2020 13:22

It was making some serious EBITDA (adjusted) before all this and making moves to clear legacy stuff etc.....DYOR, I'm just interested to see who thinks the same and has bought that big old stake!

[tjbird] 15/4/2020 13:21

The assets are leases - obligations to pay landlords


So youare buying a load of obligations to pay landlords

[qs99] 15/4/2020 13:20

yes indeed, all that is known, hence where the share price is tjbird....my question was, who has taken up the c.20%.....this lockdown will ease one day, vultures will circle to buy cheap assets IMO.....DYOR etc.

[tjbird] 15/4/2020 13:19

- CEO, CFO and Non-Executive Directors salaries reduced by 50% and implementing significant salary reductions for senior employees remaining in work

- Receiving the Government-backed twelve-month business rates relief
- Deferring all PAYE and VAT payments from 18 March 2020 for three months
- Assistance from suppliers regarding contract suspensions and extended credit and payment terms

- Negotiations with landlords regarding rent relief
- All capital expenditure cut
These measures have significantly reduced the Group's weekly running costs to approximately GBP0.4m per week


400k burn a week and £18m debt. Ouch!

[tjbird] 15/4/2020 13:19

- CEO, CFO and Non-Executive Directors salaries reduced by 50% and implementing significant salary reductions for senior employees remaining in work

- Receiving the Government-backed twelve-month business rates relief
- Deferring all PAYE and VAT payments from 18 March 2020 for three months
- Assistance from suppliers regarding contract suspensions and extended credit and payment terms

- Negotiations with landlords regarding rent relief
- All capital expenditure cut
These measures have significantly reduced the Group's weekly running costs to approximately GBP0.4m per week


400k burn a week and £18m debt. Ouch!



placing at 5p to raise £5m. hahaha so freakin diluting and wont last 3 months

[tjbird] 15/4/2020 13:17

what price pubs no one can go to, just rents to be paid on emety buildings

Play that funky music white boy

[onjohn] 15/4/2020 13:15

rights issue at 5p

[qs99] 15/4/2020 08:21

So Castleford have just offloaded their 20%ish in the last week or so....who has picked it up the other side I wonder as that is a big old stake? DYOR

[barnetpeter] 10/4/2020 22:59

Getting near the time to have a small punt on these methinks. I doubt the lockdown will last much longer now...maybe mid to end may I reckon. I think COVID will still be around of course but the medicine is beginning to kill the patient and business will collapse if it goes longer. The government is aware of this ...as the papers today report....and must also be looking at Sweden. Bars and restaurants all open and deaths falling to just 77 today.

[barnetpeter] 21/3/2020 00:18

The government has helped a lot.....but they wont cover all the costs here. Banks may lend up to guarantee levels albeit with reluctance. But no revenue from tonight....they are not known for food so takeaways are not on. They need an emergency takeover and thats still possible at something like 25 to 30p. A lot of bars for 15 million quid. So all is not lost and a rumour could see a sharp spike. A lot of ftse 250 stocks spiked today...never seen so many 30 per cent rises. So you never know..

Not my choice to punt on though with that debt.

[boll] 20/3/2020 23:15

If this one goes a whole lot more will go under as well. My guess is that the landlords will come to some agreement re rent deferral. If the tenant goes bust they won’t be earning any money from the property. Other pub groups are in a much worse state