Revolution Bars Share Discussion Threads

[boohoo1] 28/9/2020 14:24

Yes, Mark Ward. Such A finely built strop of a man. A man who will forever buy RBG. If you have any shares in Rev. just offer them up. And as we await next September's price and book our Carnival cruises and watch our CineWorld movies , flying to the Carribean by Dart ...let us not forget these torrid times when an RBG share could be bought for a shilling.

[bspgamer] 28/9/2020 08:11

It's all about Boxing Day now!!!

[boohoo1] 28/9/2020 07:05

Plainly Thomas, you haven't seen the movie.

[thomasearnshaw] 28/9/2020 06:59

Christmas is cancelled

[boohoo1] 28/9/2020 06:57

"We're going on a Revolution". Bar the commentary, this share might be the winner we all want. Think. Why was £2 turned down? Answer: the market believed it too cheap. What has changed? Covid. So if it survives the share price will rocket. A CVA saves a company yet same board of directors no dilution. Town is dead. share price dead.cheap. Dead good.

[bspgamer] 27/9/2020 22:34

Love this board, highly amusing

[boohoo1] 26/9/2020 17:13

Mr Dalep716. I have been filling my boots for many a year, bagging here, bagging there, bragging here, humble there. Oh for the time when we understood that most things are 50 shades, life is uncertain and that a good shag awaits at RBG

[dalep716] 26/9/2020 16:41

Or a multibagger in the making it seems.

[dagsteeth] 26/9/2020 14:37

All I can say Mr Boohoo is that you really should spend some time learning how these things work ( I note you stayed silent on Mr Ward) and a tip from me, you’d do far better in investing in your name sake

[boohoo1] 26/9/2020 14:17

Dear Mr Dagsteeth. Thank you for elevating my psyche from total imbecile to mere imbecile.
A CVA is perfect. A good IP will show the difference between the CVA and a winding up Creditors are often persuaded on on rhe offering or as amended. Debt for equity? No, not in a CVA. IMV the CVA is the right vehicle to get over the covid hump making RB a strong BUY.

[dagsteeth] 26/9/2020 12:09

Look imbecile. The landlords are all individuals not one group. They all have their own agenda and cannot be corralled. As to hanging on Mark Ward, the genius, please tell us who actually is and why he should be revered. You comment like you know him. Personally I have no clue who he is.

[john09] 26/9/2020 12:05

Dagsteeth sadly

(I didn’t read the rest)

[boohoo1] 26/9/2020 12:00

Total imbecile here! A CVA requires approval by 75% of creditors. It can take many many forms including for example paying 100% of debt but delayed. I have seen many. I suspect that the terms will be for a decent reduction in debt, a deal with landlords and time to pay. This is a strong BUY because it is imv very unlikely RB will need to swap debt for equity. A decent IP will be able to persuade creditors of RB's good future post covid. Mark Ward is not stupid.

[dagsteeth] 26/9/2020 11:17

John09, sadly you miss 4 key life changing differences

1. Rtn is a viable business even with a 10pm curfew
2. The Chiquitos and bennys landlords were more or less the same as the Wagamama ones, so they were incentivised to do a deal and preserve the solvency of their waga rents. Most of rbg landlords are individuals and will not act as one
3 rtn has much more capital value, and brunning and price and wagas are great businesses
4 Chiquitos and frankie and bennies have been a basket case for the last 5 years and landlords know it. Given they are mainly on retail/leisure parks with trashed footfall, landlords had limited alternatives. Most of rbg properties are city centre and can be turned into residential

[john09] 26/9/2020 10:29

This will survive in the same way RTN is surviving after the same arrangement

When to buy though that’s the challenge. 5P

[dagsteeth] 26/9/2020 10:27

Boohoo. Are you a total imbecile? All those lovely creditors are going to agree to have their debt written off so the value goes straight to equity holders? Seriously? Please go and read a book on capital structure and their relative rankings and thereby how any negotiation will play out.

This will be 4p by the end of next week as more people do the sums and bail at any price, dribble down to 1p by the end of October and will probably throw in the towel at that time.

There is no way back unless 75pc of landlords swap rent obligations for equity and realistically that Boris changes the 10pm rules. Neither likely outcomes

[notknowing] 26/9/2020 10:16

The uncertainty will take us to sub 1p if not addressed in a timely manner. I continue to hold at a significant loss.

Thanks a million TW.

[john09] 26/9/2020 10:12

Is there an “announcement “ ?!

[boohoo1] 26/9/2020 10:05

The CVA announcement today will preserve equity, kill huge debt, reduce rents and treble the share price

[bspgamer] 25/9/2020 23:11

Good post!