Revolution Bars Share Discussion Threads

[middlesboroughfc] 08/2/2021 08:47

red tick me if u love me

[middlesboroughfc] 08/2/2021 08:45

Get ur coat lass. Youve pulled.

[middlesboroughfc] 08/2/2021 08:36

Do one for Yorkshire

[ken chung] 08/2/2021 08:35

Ministers not ruling out another lockdown next autumn. Expect this to go bust soon.Lemmings and mushrooms only.

[tell sid] 07/2/2021 13:13

Good key points posted by idriveajag: RBG17/12/2020"-- When free to trade without Government restrictions, the Group is highly cash generative.Well positioned to emerge strongly-- In Q3 FY20 pre-COVID, business had achieved LFL(1) sales growth in both brands for the first quarter since Q2 FY18-- Continued investment in the Revolution proposition, particularly in digital capabilities, including further development of the Revolution App to include order and pay at table, and our on-line party booking system-- Strong results seen from refurbishment programme with an ROI of 58% on refurbishments carried out in FY20, an increase from the 45% ROI achieved on sites refurbished in FY19-- Streamlined estate to ensure the group is ready to bounce back once restrictions ease through lease surrenders since period end of two further loss-making bars and five sites exited through Revolution Bars Limited's Company Voluntary Arrangement ("CVA"). CVA also delivered rent savings at a further eight bars-- The Group's strategic initiatives remain unchanged: to build guest loyalty; drive sustained profit improvement; and develop the estate-- Short term performance remains uncertain and dependent on the UK Government's operating regulations, but the vaccine is expected to provide a path towards a gradual recovery towards historical performance levels from Easter 2021-- Dynamic and motivated team ready to take advantage of good value expansion opportunities as improved trading conditions take holdRob Pitcher, Chief Executive Officer, said:2020 has been an immensely challenging year but I am incredibly proud of the dedication shown by our team to steer us through this period.Prior to the onset of the pandemic we were reaping the rewards of the workstreams we introduced last year to improve performance with both brands in like-for-like sales growth, out-performing our High Street Bars peer group. We also continued to see strong results from our refurbishment programme. This work, combined with our focus on the customer experience through the development of our App, order and pay at table, and our on-line booking systems, and the additional financial strength and flexibility we have secured through the actions taken since the COVID pandemic hit the UK gives me great confidence that we are well placed to recover and return to growth once trading restrictions are removed."

[glavey] 07/2/2021 10:57

Even the Sun reports "by the second Bank Holiday weekend in May." which is end of May as I recall.

[glavey] 07/2/2021 10:40

"...great confidence that we are well placed to recover and return to growth once trading restrictions are removed."

So why the need for the diatribes?

viz.
"We cannot avoid the fact that the trading backdrop for at least the next few months remains very uncertain." "....the hospitality sector appears to have been sacrificed in order to curb the spread of the virus when all the evidence suggests that the way in which pubs, bars and restaurants have adapted their operations has been very effective, seems very disproportionate and completely misguided." "...trade being late-night and entertainment-led, our business has suffered disproportionately from the many operating restrictions..." "...grants now being made available to cover some of the other overheads are woefully short of the levels necessary to compensate for being sacrificed by the UK Government..." "The UK Government has shown a completely inadequate grasp of our situation and, to date, an obdurate unwillingness to do anything about it."

[glavey] 07/2/2021 10:27

"When free to trade without Government restrictions, the Group is highly cash generative.

But since 2017 it doesn't make a profit, it reports a loss! That's why the chart looks like a downhill ski ride before the pandemic.

[idriveajag] 06/2/2021 08:39

Full opening of pubs without restrictions by May:

[idriveajag] 06/2/2021 08:20

RBG open for non-alcoholic drinks and food in April (alcohol to be allowed outside). Shares set to recover strongly:



Telegraph
5/2/2021

Exclusive: Pubs and restaurants could reopen in April – with no alcohol

Temporary 'booze ban' being considered as part of Government's roadmap for lifting lockdown


Pubs and restaurants could reopen as soon as April if they agree not to sell alcohol under options being discussed to allow the widespread relaxation of coronavirus restrictions after Easter. ...

[middlesboroughfc] 05/2/2021 21:45

that will learn him

[idriveajag] 05/2/2021 20:23

RBG
17/12/2020

"-- When free to trade without Government restrictions, the Group is highly cash generative.


Well positioned to emerge strongly

-- In Q3 FY20 pre-COVID, business had achieved LFL(1) sales growth in both brands for the first quarter since Q2 FY18

-- Continued investment in the Revolution proposition, particularly in digital capabilities, including further development of the Revolution App to include order and pay at table, and our on-line party booking system

-- Strong results seen from refurbishment programme with an ROI of 58% on refurbishments carried out in FY20, an increase from the 45% ROI achieved on sites refurbished in FY19

-- Streamlined estate to ensure the group is ready to bounce back once restrictions ease through lease surrenders since period end of two further loss-making bars and five sites exited through Revolution Bars Limited's Company Voluntary Arrangement ("CVA"). CVA also delivered rent savings at a further eight bars

-- The Group's strategic initiatives remain unchanged: to build guest loyalty; drive sustained profit improvement; and develop the estate

-- Short term performance remains uncertain and dependent on the UK Government's operating regulations, but the vaccine is expected to provide a path towards a gradual recovery towards historical performance levels from Easter 2021

-- Dynamic and motivated team ready to take advantage of good value expansion opportunities as improved trading conditions take hold

Rob Pitcher, Chief Executive Officer, said:

2020 has been an immensely challenging year but I am incredibly proud of the dedication shown by our team to steer us through this period.

Prior to the onset of the pandemic we were reaping the rewards of the workstreams we introduced last year to improve performance with both brands in like-for-like sales growth, out-performing our High Street Bars peer group. We also continued to see strong results from our refurbishment programme. This work, combined with our focus on the customer experience through the development of our App, order and pay at table, and our on-line booking systems, and the additional financial strength and flexibility we have secured through the actions taken since the COVID pandemic hit the UK gives me great confidence that we are well placed to recover and return to growth once trading restrictions are removed."

[glavey] 05/2/2021 17:37

"It is now clear that trading in the first quarter of 2021 (the Group's third quarter), is also likely to be severely compromised and therefore the FY21 financial period will incur a substantial loss.

Please see the going concern disclosures, which include references to material uncertainty..."

[glavey] 05/2/2021 17:06

"so you have missed out this week ):"

I don't participate in pump an' dump.

"dont fret, still 200pc gain here imho"

If you can fool enough people, that's possible, although unlikely*. It's also not awfully ethical though, is it?

* I expect you and others will bail before then.

[glavey] 05/2/2021 17:00

"RBG was 91p last January and it will go back there and more..."

There are circa 2.5x more shares in issue since then. The debt has increased significantly. There are a load of payment deferrals. The management didn't have the confidence to award themselves options at any higher price than 10 for 1p.

I think your comment is misplaced.

[middlesboroughfc] 05/2/2021 16:43

so you have missed out this week ):

dont fret, still 200pc gain here imho

[glavey] 05/2/2021 16:42

Heavens I do wish people would stop ramping this with nonsense comments. It's just unpleasant when you know your intention is to divert money from the pockets of those less 'sharp' for your own personal benefit.

[idriveajag] 05/2/2021 16:37

hTTps://www.msn.com/en-gb/news/uknews/covid-breakthrough-top-scientist-predicts-uk-back-to-normal-by-summer-with-vaccine/ar-BB1dpv8J

[middlesboroughfc] 05/2/2021 16:30

91p be dandy jag

[middlesboroughfc] 05/2/2021 16:26

4 min to get lads

[middlesboroughfc] 05/2/2021 14:34

highly satisfying. rbg will be quenching my thirst at 50p-90p

[abarclay] 05/2/2021 14:23

SDRY just woke up